IT Services

India's IT Sector Expected To Reach $400 Billion By 2030 Amidst AI-Related Disruptions

The venture firm forecast that India's IT services industry will grow with margins intact despite challenges from AI-related disruptions.

Oct 28, 2025, 19:10 PM IST

Infosys Rolls Out 80% Average Bonus Payout For Q1 FY26 After Strong Earnings

The Bengaluru-based IT giant said bonus percentages are linked to performance ratings across levels. For PL4 employees, payouts range from 80 percent to 89 percent, while PL5 staff will receive between 78 percent and 87 percent. 

Aug 20, 2025, 14:41 PM IST

India's IT Services Companies To Report Subdued Growth During 4QFY25: Report

The report expects large-cap Indian IT companies to post a quarter-on-quarter revenue decline of 0 to 2 per cent in dollar terms. 

Apr 05, 2025, 09:16 AM IST

India’s Software And IT Services Exports Reach $200 Billion In 2023-24: Report

The steady growth highlights the sector’s resilience and its crucial role in India’s digital economy.

Mar 13, 2025, 20:30 PM IST

1.59 Lakh Startups, 16.6 Lakh Jobs Make India World's 3rd Largest Ecosystem: Centre

Major hubs like Bengaluru, Hyderabad, Mumbai, and Delhi-NCR have led this transformation, while smaller cities have increasingly contributed to the nation's entrepreneurial momentum.  

Jan 15, 2025, 19:35 PM IST

India’s IT Spending To Reach $160 Bn in 2025: Report

The price premium of GenAI-enabled offerings across customer relationship management (CRM), email and authoring, and analytic platforms will drive software spending, resulting in the growth of this segment. 

Nov 12, 2024, 14:02 PM IST

TCS In Trouble? Tata Firm Cuts Variable Pay For Senior Employees; Know How IT Giant Pays Variable Compensation

TCS Variable Pay Q2 2024: In April 2024, TCS updated its attendance policy, requiring employees to achieve at least 85 per cent office attendance to qualify for their full variable pay.  

Nov 09, 2024, 11:56 AM IST

Tech Mahindra Q2 Net Profit Jumps 153 Per Cent YOY To Rs 1,250 Crore

The Tech Mahindra scrip settled at Rs 1,688 apiece on the BSE on Friday, down 0.68 per cent from the previous close.

Oct 19, 2024, 09:04 AM IST

Infosys To Receive Rs 6,329 Cr Tax Refund From IT Dept

Infosys has received assessment orders for subsidiaries as well, totalling Rs 277 crore.

Mar 31, 2024, 19:05 PM IST

TCS Achieves New Milestone; 3.5 lakh Employees Trained In Generative AI Skills

It became the inaugural tech company to establish a specialized business division solely focused on AI and cloud services in 2023.

Mar 31, 2024, 14:38 PM IST

Wipro Q1 net profit falls nearly 21% to Rs 2,563.6 crore

Wipro reported about a 21 per cent year-on-year fall in its consolidated net profit to Rs 2,563.6 crore for the first quarter ended June 2022. 

Jul 20, 2022, 17:11 PM IST

VPS Conquers the IT World

Did you know that more than 2.14 billion consumers are already actively shopping for goods and services over the internet?

Mar 08, 2022, 10:13 AM IST

Global IT spending to hit $3.7 trillion in 2018

The Devices segment, Data Centre Systems and Communications Services are expected to grow by 5 per cent, 1.8 per cent and 2.2 respectively to reach $697 billion, $176 billion and $1,417 billion spending.

Oct 04, 2017, 14:23 PM IST

HCL Tech completes acquisition of UFS

HCL had, in April this year, announced it will acquire Urban Fulfilment Services, a provider of mortgage business process and fulfilment services.

Aug 25, 2017, 22:28 PM IST

Cognizant June quarter net up 86%, revises annual revenue guidance

For the third quarter, it expects revenues to be in the range of USD 3.73-3.78 billion.

Aug 03, 2017, 17:15 PM IST

Wipro Q1 results: IT major beats consolidated profit estimates

Consolidated profit rose to 20.83 billion rupees ($323.35 million) for the three months to June 30, Wipro said in a statement.

Jul 20, 2017, 17:28 PM IST

Trump's policies could have adverse impact on business: Wipro

IT major Wipro Ltd has listed US President Donald Trump's policies as a risk factor that could impact its business, citing promotion of "greater restrictions on free trade" among key worrying points.

Jun 09, 2017, 15:11 PM IST

India lobbies Trump administration to avert visa threat

India has stepped up its lobbying effort against moves in the U. S. Congress to impose curbs on visas for skilled workers that threaten the South Asian nation's tech sector, which employs more than 3.5 million people.

Feb 24, 2017, 19:17 PM IST

Indian IT services provider TCS ranked 58th most valuable US brand

Tata Consultancy Services, a leading global IT services, consulting and business solutions firm, today announced its ranking as the 58th most valuable US brand in an annual survey by a top brand valuation company.

Aug 09, 2016, 19:31 PM IST

Volkswagen starts IT arm to support global brands from Pune

German automaker Volkswagen on Thursday said it has started an in-house arm in Pune to serve the information technology-related needs of all its global brands.

Aug 04, 2016, 23:15 PM IST