-
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
-
Revenue traction, sequential margin improvement, and record order flows set the stage for earnings growth
-
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.
-
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.
-
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
-
As of FY25, India accounted for nearly 8.6% of the company’s overall revenue of $30.18 billion. That will be about $2.6 billion -- a 62.6% YoY growth in constant currency terms.
-
The IT services firm is prioritising margin improvement, developing agentic AI use cases, and capitalising on the rising demand from global capability centres (GCCs), at a time of leadership shift from CEO Debashis Chatterjee to incoming chief Venugopal Lambu.
-
From the management commentary so far, 80,000-84,000 IT jobs are up for grabs in the current financial year. However, the actual figure can vary widely, as pointed out by company executives.
-
CEO and MD K Krithvasan called this TCS' strengthen India focus strategy. 'A strategy that puts the power of AI to the service of our nation and at the edge of excess innovation,' he said.
-
The Noida-headquartered IT firm reported strong net new deal wins worth $2.99 billion in the fourth quarter ended March 31, 2025, its highest quarterly deal wins since September 2023 quarter.
-
HCLTech reported a 4.7% revenue growth in FY25 even as its headcount declined by 1.8%, driven by gains in AI and automation.
-
HCLTech’s revised guidance represents a 250 basis point reduction at the lower end compared to its FY25 forecast. However, the company has retained its operating margin guidance at 18–19 percent for the full year of FY26.
-
The $280 billion industry faces multiple issues: clients cutting back after overspending on digital transformation during COVID-19, a cautious global macro, the GCC phenomena, the AI boom, and more recently the US President Donald Trump’s tariff war.
-
All three IT companies have indicated they will hire roughly the same number of freshers in FY25 as they did in the previous fiscal despite the uncertain demand environment, driven by US President Donald Trump’s tariff war.
-
Unlike rivals TCS and Wipro who remained cautious and expect a possible delay in wage hike cycle, Infosys rolled out major chunk of the increments in January and rest is planned for April.
-
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
-
People with creative taste no longer need to be ‘code monkeys’ to get paid; they have AI to do those things, Srinivas has said
-
Trump's tariffs could dash IT sector’s FY26 revival hopes.
-
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
