BUSINESS
Wipro takes Rs 263-crore hit for Europe, Capco restructuring
The impact was visible in net income and earnings per share, though Wipro excluded the charge from its IT services operating margins
BUSINESS
Wipro takes over Rs 300-crore hit from new labour codes in Q3
CFO Aparna C. Iyer said Wipro's labour code expenses have been the least in the industry as the company was already in the process of weighing in the impact beforehand.
INFORMATION-TECHNOLOGY
Wipro's headcount increases by 6,529 employees in Q3FY26
Wipro Q3 results: Attrition this quarter moderated marginally to 14.2% from 14.9% last quarter.
BUSINESS
Wipro improves Q4 guidance, projects up to 2% revenue growth
Attrition moderated marginally, while the headcount increased by 6,529 employees from 2,35,492 in the previous quarter
BUSINESS
New labour codes cost TCS, Infosys, HCLTech over Rs 4,000 crore in Q3
The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.
BUSINESS
Infosys counts over 500 AI agents, sees AI work across 90% of top 200 clients
Moreover, Infosys has generated over 28 million lines of code using Gen AI till now, a 12% increase sequentially.
BUSINESS
Infosys takes Rs 1,289-crore hit from new labour codes
The adjustments for labour codes represent an increase in gratuity liability and an increase in leave liability, the company said
BUSINESS
TCS voluntary exits outside restructuring tops 22,000 in 2 quarters on slower pace of hiring
These exits include voluntary churn, routine attrition and other non-restructuring reasons, apart from the 7,800 employees TCS says it 'released' as part of its ongoing workforce review
BUSINESS
HCLTech draws line between ‘Advanced AI’ and buzzword AI as Q3 revenue hits $146 mn
The advanced AI business grew nearly 20 percent sequentially, even as overall company revenue rose 4.2 percent quarter-on-quarter in constant currency terms.
BUSINESS
HCLTech headcount slips by 261 in Q3FY26 despite fresher hiring
The Noida-headquartered company reported a net reduction of 261 employees during the quarter, taking its total employee base to 2,26,379 at the end of Q3FY26.
BUSINESS
TCS headcount falls by 11,151 in Q3FY26 as restructuring continues
Nevertheless, restructuring expenses fell sharply in Q3, declining by over 77% QoQ to Rs 253 crore, indicating a tapering of one-time costs linked to the company’s ongoing workforce realignment.
BUSINESS
Algorithms, not GPUs, are the real force multipliers and this Infosys Prize winner proves it
Sachdeva’s breakthrough challenges one of the most studied problems in computer science, known as maximum flow, which supports how information, traffic, and resources move through networks
BUSINESS
Budget 2026: Data centres bat for green energy, funding boost as AI reshapes industry
Amid the AI driven data centre demand, power and electrical infrastructure have emerged as the largest capex block at around 35 to 45 percent of the costs
BUSINESS
Budget 2026: Software firms, cloud players seek AI industrialisation, push for sovereign infra
As the Union Budget nears, technology leaders want the government to move AI from pilots to production, back domestic cloud infrastructure and help Indian software firms scale exports of high-value products.
BUSINESS
IT moves beyond agentic AI as Wipro, others bet on autonomous, quantum-led systems for 2026
While 2025 was about proving what agentic AI could do, 2026 is expected to be defined by scale and measurable business outcomes
BUSINESS
Deep tech VCs tap IIT-Madras as consultancy revenue crosses Rs 2,800 crore
Many of the technologies now attracting investor attention are the result of years of interdisciplinary work across engineering, materials, electronics, computing, and applied sciences, IIT-Madras director V Kamakoti says
BUSINESS
Q3 results: From muted growth to AI deflation, 5 factors to watch out for in IT earnings
With seasonal headwinds clouding reported numbers, investors are likely to look past the quarter and focus on management commentary around CY26 budgets and AI monetisation timelines
BUSINESS
Five years of Techade: AI lifts productivity, caps headcount, reshapes IT cost structures
The revenue mix from AI, cloud, and advanced digital services has risen sharply, from about 25% five years ago to nearly 60% today.
BUSINESS
Indian IT eyes revival in 2026 as AI projects move from proof of concept to execution
This shift is beginning to stabilise demand, but it is also forcing IT services firms to confront structural changes that will define growth beyond 2026.
BUSINESS
India’s deep tech moment: 2025 marked the shift from promise to scale
Venture capital investors, founders and policymakers found themselves asking harder questions around revenue visibility, patient capital and global relevance, as deep tech moved from promise to proof.
ARTIFICIAL-INTELLIGENCE
Rohan Murty launches Workfabric AI to tackle enterprise AI’s context gap
On August 29, Cognizant announced a partnership with Workfabric AI to train and deploy 1,000 context engineers.
BUSINESS
US firms accelerate GCC expansion in India; centres rise 45%, 2026 outlook strong
Industry estimates point to a further 75-80% outlook in GCC additions as companies deepen their offshore capabilities in India.
BUSINESS
Coforge in talks for $1 bn-plus acquisition; board to weigh fundraise
The proposed acquisition is expected to strengthen Coforge’s cloud, data, and product engineering capabilities while expanding its footprint in key overseas markets.
BUSINESS
H-1B visa lottery scrapped: Little change for Indian IT as reforms formalise long-running shift
The wage-weighted model also reduces incentives to flood the system with applications, encouraging more selective filings aligned with higher-value roles, analysts said.
