Low demand from North America, margin decline led TCS, Infosys to underperform
The earnings of two IT majors Tata Consultancy Services (TCS) and Infosys had two common factors. According to analysts from…
Infosys pegs muted FY24 revenue growth guidance at 4-7%
Infosys, India’s second largest software exporter by revenue, has forecast its FY24 revenue growth to be in the range of…
TCS Q4 net profit up 14.8% to Rs 11,436 crore, deal TCV at $10 billion
Tata Consultancy Services (TCS), India’s largest IT services company by revenue, kicked off the fourth quarter earnings season on Wednesday…
Suresh HP joins Sonata Software as Chief Delivery Officer
Bengaluru-based IT services firm Sonata Software has announced that Suresh HP has joined as Chief Delivery Officer. In this role,…
HCLTech expands in Romania, to hire 1,000 people in two years
Indian IT services major HCLTech plans to expand its operations in Romania and hire 1,000 more people in the country…
Accenture’s outlook signals challenges for Indian IT services firms
Global IT major Accenture has cut the top-end of its FY23 revenue growth guidance to 8-10% from 8-11% earlier, indicating…
‘We are well on our way with our cloud transformation agenda’: Zak Murad
Global analytics company CRISIL’s 5-year strategic plan is to build a strong technology foundation that is highly secure and agile….
Mohit Joshi to take over as MD and CEO of Tech Mahindra post Gurnani’s retirement
Pune-based IT services major Tech Mahindra has announced Mohit Joshi as the MD and CEO designate of Tech Mahindra, who…
LTIMindtree sets up new delivery centre in Poland to expand presence in Europe
LTIMindtree, the newly-formed entity after the merger of Larsen and Toubro Infotech and Mindtree, has opened a new delivery center…
HCLTech to explore quantum applications by leveraging Microsoft Azure
Noida-based IT services major HCLTech said it will explore quantum computing opportunities with enterprise organisations globally by leveraging the latest…