BUSINESS
Deferring wage hikes prudent in current business environment: TCS CHRO Milind Lakkad
About 40 percent of freshers hired in FY25 had niche digital skills, including AI, compared to 17 percent hired in FY24, TCS CHRO has said
BUSINESS
TCS reports low single digit growth for the second full year
Despite some short-term uncertainties, including Trump's tariffs, TCS CEO K Krithivasan expects FY26 to be a better year than FY25
BUSINESS
India is one of our largest & fastest growing markets: Robert Kawalsky, Canva
Canva will continue to double down on its localisation strategy globally, added Kawalsky. The company recently launched its Hindi platform in India.
BUSINESS
TCS Q4 order book declines 7% YoY to $12.2 billion, but beats estimates
For the full year FY25, order book stood at $39.4 billion, down by 7.7 percent from $42.7 billion in FY24
BUSINESS
TCS Q4 Earnings: 5 themes to watch out for
Commentary on Trump’s tariffs, offshoring employees, fewer mega deals, generative AI pipeline and hiring plans will be in focus
BUSINESS
Indian IT's guidance, deal pipeline to shed light on Trump tariff impact: Five factors to watch
The earnings commentary will set pace for IT sector’s growth expectations for FY26, now in the doldrums as experts recalibrate growth estimates amidst Trump's tariff setback.
BUSINESS
Crypto traders hit with hefty tax penalty as IT Dept cracks down on P2P transactions
Over the past few weeks, many crypto investors received income tax notices for non-payment of taxes on peer-to-peer (P2P) trades through foreign exchanges. A Binance spokesperson told Moneycontrol that the exchange has been closely monitoring and reporting suspicious trades to FIU-Ind.
BUSINESS
Rattled to the core: Indian IT on shaky wicket after Trump tariffs
Trump's tariffs could dash IT sector’s FY26 revival hopes.
BUSINESS
AI won’t derail India’s GCC growth but will redefine it, say experts
While AI-driven automation will impact certain service segments, experts say it will push GCCs up the value chain rather than derail India's growth story
BUSINESS
BigBasket didn’t imagine consumers will adapt to quick commerce in this manner, says promoter K Ganesh
Ganesh said that BigBasket’s farm to fork strategy gives it a unique advantage over pure play quick commerce players, but it needs to catch up in market share.
BUSINESS
India's IT services firms see over 60% of new deals slashed in tenure, signaling industry shift
According to research and advisory firm Forrester, transformation deals which earlier took three to five years to complete are now expected to be executed in not more than 18 months.
BUSINESS
At least eight IT and ER&D firms appointed new CEOs between January and March
Industry experts are calling it a sign of a healthy industry as tech companies are in the midst of a strategic shift with the impact of artificial intelligence (AI) continuing to become more pronounced.
BUSINESS
Nasscom welcomes FinMin's proposal to drop 6% equalisation levy, says positive for India-US trade talks
The Finance Bill 2025-26 proposes eliminating the 6 percent Equalisation Levy on online advertising services, effective April 1, 2025, a move that will benefit tech giants like Google, Meta.
BUSINESS
Tata Comm’s AI cloud aims to compete on cost with global hyperscalers
Compared with large cloud service providers, the company claims that its Vayu service reduces costs by 15-25 percent, with no data egress charges or other hidden fees.
BUSINESS
What Google's $32-billion Wiz acquisition means for the global cloud wars
Wiz will remain multi-cloud once the acquisition is processed, and continue to serve existing customers and Google Cloud’s rivals AWS, OCI and Microsoft Azure among others.
BUSINESS
Last year was playtime for AI; In 2025, it’s game time: NTT DATA CEO Abhijit Dubey
In an interview with Moneycontrol, Dubey shared that cheaper AI models are bringing down unit cost economics, making it a positive change for the data center business.
TECHNOLOGY
NTT DATA commissions $400-mn submarine cable for better data centre connectivity across Malaysia, India, Singapore
NTT DATA has nearly 30% market share in India’s Data center industry, making it the largest player in the country, said Doug Adams President and CEO, Americas, NTT Global Data Centers
BUSINESS
TCS appoints Sudeep Kunnumal as designate Chief HR Officer
Kunnumal who currently heads HR function for BFSI vertical, will succeed CHRO Milind Lakkad in the role.
BUSINESS
Tech startups going for IPO should have 8-quarter rolling plan: Mohandas Pai
The key is to demonstrate value after listing. Nearly 50 percent of tech companies have not grown much as promised after their IPOs, the Aarin Capital chairman tells Moneycontrol
BUSINESS
Consumers don't buy commodities, they put a lot of trust on brand and quality: Ather CEO on IPO confidence
Ather Energy CEO Tarun Mehta said he is confident of his “product, tech and quality-focused brand”.
BUSINESS
Coinbase entering India will expand the domestic crypto market, say experts
While the crypto market in India is still very nascent and lacks regulations, US President Donald Trump pro-crypto policies have started to shift sentiments, especially towards India
BUSINESS
Indian IT firms brace for delayed discretionary spending revival amid Trump tariff, recession fears
Investor concerns have grown over a potential economic slowdown after US President Donald Trump refrained from ruling out a recession amid the implementation of trade tariffs.
BUSINESS
If creditors vote in favour of the recovery scheme, we may retrieve 90-145% of the lost funds in 3 years: WazirX’s Nischal Shetty
“We wrote to over 500 exchanges in the first two weeks after the attack, asking for help and asking for freezing,” Shetty said told Moneycontrol.
BUSINESS
Ola partners with Lenovo to build India’s largest supercomputer; working on Krutrim 3
This comes barely a month after Ola founder Bhavish Aggarwal announced an investment of Rs 2,000 crore into his AI venture, with a commitment of Rs 10,000 crore by next year.
