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Agentic AI, where autonomous agents execute end-to-end workflows, can shorten the gap between experimentation and value realisation, helping GCCs to position themselves as innovation hubs
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While 78% of business leaders believe responsible AI drives growth, only 2% enterprises meet benchmark maturity standards, an Infosys report has said
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The proposed changes are set to be released for public review. If agreed, they can impact 20,000-25,000 professionals at Level 1 and 2 salary ranges, which mostly include early-career professionals
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As the sector struggles to remain relevant through the ongoing phase of transformation, only the nimble and agile players will emerge triumphant
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Valued at AUD 233.25 mn (over Rs 1,300 crore), the JV will combine Telstra’s connectivity, Versent’s local digital engineering expertise, and Infosys’ global scale in AI and cloud.
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One of the risk and compliance agents built by Covasant is being used by over 20 Fortune 500 firms, processing $1.4 trillion in transactions and recovering about $500 million in anomalies
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The second half of the quarter saw softness in client activity, with some companies deferring purchases, reopening contracts, and weakening collections.
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Clients in sectors directly affected by the tariffs may face cost pressure, which could trickle down into IT budgets, particularly for discretionary or transformation-led projects.
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Addressing concerns about Chennai’s nightlife, Raja said the city is 'no-nonsense' by nature, adding, 'I prefer to keep my leisure healthy'
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Patil assured that the government’s efforts are directed towards creating a conducive ecosystem in Tier-2 cities.
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India's largest IT company was represented by Boban Varghese Thomas, General Manager - HR, and Mahesh G.K., Assistant Manager. G. Manjunath, Additional Labour Commissioner, attended the meeting as the conciliation officer.
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In his new role, he will oversee LTIMindtree’s Delivery Units, Talent Solutions functions, Global Delivery Centres, and Delivery Excellence.
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The IT firm's board cited the company's market performance as one of the key reasons for the fatter pay package
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Cognizant usually starts its increment cycle on August 1 but this time, the company has signalled some delays
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The company saw its headcount increase by 7,500 sequentially, ending with 343,800 employees in Q2
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Persistent Systems CEO Sandeep Kalra is hopeful that the macro uncertainties due to Trump’s tariffs and delayed decision making by clients will start to stabilise over the next one or two quarters.
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China has responded to Trump’s AI action plan with the proposal of a global cooperation organisation
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TCS’ move to opt for job cuts will have a cascading effect on other IT companies, who too have been launching various programs to improve operating margins in the past two years amid growth slowdown.
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TCS’ move to opt for job cuts will have a cascading effect on other IT companies, which have also been launching various programs to improve operating margins in the past two years amid growth slowdown.
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At the end of the June quarter, TCS had 6,13,000 employees. A 2 percent workforce cut will impact roughly 12,200 employees
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'This is driven by where there is a skill mismatch, or, where we think that we have not been able to deploy someone,' Krithivasan told Moneycontrol.
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'It has not been an easy decision and one of the toughest I had to take', TCS CEO K Krithivasan said
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Infosys may have led the Tier-1 pack in Q1, but the bar was low, as macroeconomic conditions were challenging and client spending had not picked up significantly.
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Vijayakumar was first appointed as the company’s CEO back in 2016, when he succeeded former CEO Anant Gupta. Prior to that Vijaykumar was serving as the chief operating officer, and has been with the IT firm for over 31 years in various roles.
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The IT industry is at an inflection point as the companies navigate their hiring strategy amid AI disruption and the ongoing macroeconomic challenges.
