New AI models drive 15-20% surge in job seeker engagement, says Naukri owner Info Edge
These models refine search intent, personalise job suggestions, and enhance resume-job match accuracy, says Info Edge CEO Hitesh Oberoi.
Bengaluru’s AI workforce rivals San Francisco, New York in scale
The report places Bengaluru among the top 12 global tech powerhouse markets, alongside cities such as London, Tokyo, Shanghai, and Toronto.
Info Edge Q4 profit jumps 8x on one-offs, revenue up 13% as hiring rebounds
Recruitment in Global Capability Centres (GCCs) grew by 19 percent, outpacing hiring in the tech, IT services, and BPM sectors.
Around 65% of organisations now run AI in production, says Dell’s top executive
In 2025, companies have their AI roadmaps and strategies in place; and are using data to augment pre-existing models, Varun Chhabra, Senior Vice President, ISG and Telecom, Dell Technologies told Moneycontrol.
Half a million firms still rely on outdated IT, need AI shift: Jensen Huang
Dell and Nvidia are expanding on their partnership of existing comprehensive AI solution, Dell AI Factory, which added 3,000 enterprise customers within first year of launch.
The world will invest over $1 trillion in AI to ensure prosperity of nations and industries, says Michael Dell
“AI is the operating system that will power the world forward, adding an estimated $15 trillion to the global economy by 2030,” Dell said at the Dell Tech World 2025.
TCS is building thousands of AI agents for various industries: AI chief Ashok Krish
Rolling out a chatbot doesn't make it an AI strategy, the entire business process value chain needs to be rethought grounds up, the IT services giant's global AI head tells Moneycontrol in an exclusive interview
Infosys issues 65% bonus payout to employees for Q4FY25 amid complex macro environment
While the Bengaluru-based company had rolled out an 80 percent bonus for the last quarter (Q3FY25), the average stood at 90 percent in the second quarter of FY25.
Gen AI now writes over 20% of our code: Happiest Minds CEO Anantharaju
Most of the adoption is happening in software development but not yet in areas such as infrastructure or cybersecurity, Joseph Anantharaju has said
Tech Mahindra initiates key leadership changes to drive growth
Commenting on the changes, Mohit Joshi, Tech Mahindra’s CEO and Managing Director said the new roles reflect the company’s commitment to strengthening market-specific strategies.
IT, tech firms stay in ‘wait and watch’ mode as Indo-Pak tensions settle
The development comes after India agreed to Pakistan’s request of not escalating the clashes any further on May 10, 2025, after the neighbouring country called on India’s DGMO.
Indian IT firms declare WFH, postpone domestic, foreign travel amid India-Pakistan conflict
Several companies including Deloitte, KPMG, EY, HCLTech, and Tech Mahindra had sent advisory notes to ensure employee wellbeing.
Wipro appoints Sandeep Dhar global head of GCC practice
Dhar will spearhead Wipro's consulting-led and AI-powered GCC strategy to help global enterprises establish and scale as future-ready transformation and innovation hubs
EY India asks employees to work from home as India-Pakistan conflict escalates
Employees in Delhi NCR, Chandigarh, Jaipur and Ahmedabad offices were asked to work from home.
Hexaware reduced BPO workforce by 500 in AI-triggered hiring shift: CEO R Srikrishna
The shift from deploying AI has started reflecting on the IT services firm’s hiring strategy, as Hexaware plan to soon experiment with deploying agentic AI solutions at its internal helpdesk functions.
Winners and losers: Coforge CEO says AI transition is separating the pack in Indian IT
The IT industry is increasingly split between those moving to the new tech landscape and the companies that are still holding on to legacy models, says Sudhir Singh
Wells Fargo to shut Chennai GCC, asks employees to move to Bengaluru or Hyderabad
The move allows the company to provide more robust career growth opportunities and better service for its customers and clients, Wells Fargo has said
Good news for techies as India-UK Free Trade Agreement eases IT worker mobility
The FTA also included the Double Contribution Convention, which exempts Indian workers on temporary visas in the UK from paying social security contributions for a period of three years. This is expected to save nearly 20% of the salaries of these workers -- directly impacting over 60,000 IT employees.
GCCs set to offer an average salary hike of 9.9% in FY25, outpacing IT services
The increments for FY25 are expected to be higher compared to the previous fiscal, where GCCs rolled out 9.7 percent salary hikes, while services companies handed over 7.4 percent increments.
KPIT acquires Caresoft's Engineering business for $191 mn to deepen focus on trucks, off-highway segments
The deal strengthens the Pune-based firm's capabilities to deliver cost-optimised and innovative engineering solutions for trucks, off-highway and passenger mobility players
Why this growth leader from Indian IT is a must add
Revenue traction, sequential margin improvement, and record order flows set the stage for earnings growth
TCS slashes variable pay for senior employees for third consecutive quarter
Last month, TCS also announced that it will be delaying its wage hikes this year, which the IT services major otherwise starts rolling out from April onwards.
Cognizant to hire 20,000 freshers in 2025, to shape pyramid for AI-led delivery
The fresher recruitment announcement comes at a time when Cognizant’s Indian peers have stopped short of sharing the exact hiring targets for FY26, citing uncertainty in demand environment.
Cognizant tops Q1 revenue estimates on large deals in health, financial services
Revenue came in at $5.1 billion, up 7.5 percent or 8.2 percent in constant currency, form the year-ago period. Subsidiaries Belcan and Thirdera contributed approximately 400 basis points to revenue growth
