No direct business impact of the Middle East conflict, says TCS CEO K Krithivasan
“Apart from travel and transportation industry, we have not seen major impact in other industries so far,” Krithivasan said during the company’s earnings conference on April 9.
TCS wage bill rises Rs 10,000 crore despite 23,000 fewer employees in FY26; restructuring at Rs 1,388 cr
The company said Rs 1,268 crore of the total restructuring provision was utilised in FY26 itself, indicating that most of the cost tied to employee exits and related measures has already been absorbed.
TCS Q4 results: Annualised AI revenue grows to $2.3 billion as AI deployment gains pace
In Q4, TCS announced a multi-dimensional strategic partnership with OpenAI, including developing AI infrastructure in India, with 100MW capacity in the initial phase, and an option to scale to 1 GW.
TCS Q4 order book grows 29% QoQ to $12 billion, full year deal wins at $40.7 billion
TCS also called out its annualised AI revenue of $2.3 billion, growing from $1.8 billion in the previous quarter.
TCS reverses two-quarter headcount slide, adds 2,356 employees in Q4FY26
The latest reduction adds to a longer-term shift at TCS, which reported a fall in headcount in FY24 for the first time since its listing in 2004, marking a break from years of steady workforce expansion.
Indian IT firms face pricing pressures as AI deflation gets real in FY27
In FY26, Indian IT companies have seen around 5 to 15 percent revenue compression in areas where AI-led productivity gains are visible and measurable.
Wipro-Mindsprint deal signals M&A surge in Indian IT as growth slows
Moreover, the deal spree also comes amid criticism that IT firms have not meaningfully deployed their sizeable cash reserves into future growth areas
Why Sam Altman was fired: New report reveals OpenAI board’s ‘lying’ and deception allegations
New details point to internal memos, Slack messages and long-standing concerns about transparency that led to Altman’s brief removal.
KPIT: Structural story intact amid near-term pressures
Solutions-led shift and AI partnerships strengthen long-term growth visibility, though near-term margins face pressure
India’s consumer tech is shifting to AI-led growth as customer acquisition gets cheaper: Bessemer
Companies are generating thousands of tailored creatives for micro-segments, continuously refining them based on user behaviour, the report said.
TCS Q4 preview: AI strategy, steady margins, FY27 outlook among five things to watch out for
Brokerages expect TCS to outpace Tier-I rivals in growth for the fourth quarter ended March 31
HCLTech’s US arm to cut 120 jobs in Orlando
The layoffs mirror a recent Infosys move in the US, highlighting a broader trend of headcount correction among Indian IT firms tied to slowing or ending client engagements
Muted growth, AI deflation risks, war overhang: Five key factors to watch out for in Q4FY26 IT earnings
The Street believes the March quarter will be less about reported numbers and more about guidance for FY27, especially around growth visibility, AI monetisation, and margin sustainability.
Oracle layoffs: Indian IT firms may tap high-end talent pool with deep enterprise connect
Oracle's wide products and solutions portfolio- Cloud ERP such as Fusion and NetSuite, Cloud Infrastructure (OCI) and Applications-growing at a rapid clip, the need for specialist Oracle talent will only rise and the laid off employees will find similar roles elsewhere.
Can OpenAI spend NASA’s yearly budget in four months? The viral math behind its $122 billion fund raise
A viral claim says OpenAI may have just 18 months of runway. Reported numbers suggest the burn is real, but the math is more complicated.
OPINION | The Cost of Safe Harbour: What MeitY’s proposed amendments to the IT Rules mean for India’s digital businesses
India’s digital rulebook is no longer about meeting published compliance terms, it’s about staying in sync with a live, expanding framework of regulatory directions
Oracle layoffs: Is India paying the price for its global AI push?
The layoffs, which impacted nearly 50 percent of Oracle’s India workforce, are part of a broader global restructuring that has seen about 30,000 jobs cut worldwide.
Sarvam AI $250 million funding round: Bessemer Venture Partners joins while Accel opts out
The Sarvam deal is being done by Bessemer’s US team. Their San Francisco-based Partner, Sameer Dholakia, is engaging with the company, which is being valued at $1.5 billion post-money, as first reported by Moneycontrol on March 24.
Why Iran is naming Apple, Google and Palantir in a war: The real story behind threat to the Big Tech
Iran’s threat to US tech firms raises a bigger question: how deeply are companies like Palantir, Microsoft and Nvidia embedded in modern warfare?
They paid for jobs that never came: Inside Pune’s IT hiring racket
Hundreds of IT professionals face an uncertain future as their work experience is deemed invalid, while empty provident fund accounts complicate background checks
High-flying chip stocks bear brunt of Iran war risk-off trade
Memory chipmaker Micron Technology Inc. closed 9.9% lower Monday and slumped even further in post-market trading.
India’s chip hiring spreads beyond Bengaluru; Hyderabad, Gujarat gain ground
The country’s semiconductor Global Capability Centres now employ over 65,000 professionals, but growth has slowed to about 3% over the past 12 months.
Many varied ways ARR is measured nowadays but cash collections are indisputable: Vinod Khosla backs AI portfolio company Emergent
Emergent had collected $8.3 million in actual cash revenues in March, CEO Mukund Jha told Moneycontrol, translating to an annualised revenue run rate (ARR) of $99.6 million. Those figures were in line with Emergent’s February announcement of reaching $100 million in ARR.
Sam Altman’s blunt warning: AI is getting cheaper than human labour
Sam Altman tells Forbes AI will become cheaper than human labour, flags job disruption, reskilling needs, and India’s rapid AI adoption.
Who is Kiran Mani? JioStar CEO joins OpenAI to lead Asia-Pacific operations
Mani to join as managing director in June from Singapore, reporting to strategy chief Jason Kwon as OpenAI sharpens Asia focus.
