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Global digital engineering services are set to grow at a 22% CAGR and expected to cross $550 billion by 2030 with the AI layer alone adding around $275 billion, says Avendus report
ElevenLabs’ India play initially accelerated through content creation and dubbing across multiple languages, but Reina said the next wave of growth is increasingly coming from “Agentic” deployments.
The Indian startup ecosystem will also need to see more IPOs and M&As as it matures, Ganguly said in the interview to Moneycontrol
LTIMindtree plans to run a structured programme to attract talent from premium colleges while also paying them higher than regular freshers, the CEO told Moneycontrol in an interview
The list of Indian brands in the world’s top 25 IT Services ranking increased from seven to eight, highlighting the sector’s depth, with leaders such as TCS and Infosys combining sustained revenue growth with advanced capabilities in AI, cloud, and cybersecurity.
Neike said companies like Siemens are benefiting from the data centre boom because next-generation facilities look more like industrial systems than conventional server rooms.
“If you don't re-imagine the business, I don't think IT will be the big engine of jobs in India," Vijayakumar told Moneycontrol at World Economic Forum in Davos.
Total headcount as of December 31 was around 87,958 professionals. LTIMindtree added 1,511 employees in Q3.
Calling it “the India century,” Tzitzon said he sees an explosion of energy and innovation across the country, including in Delhi, Hyderabad, Bangalore, and Mumbai.
Tzitzon said enterprises are also increasingly leaning towards a platform strategy rather than experimenting with multiple disconnected tools
When compared to 9MFY25, the top five IT services majors’ hiring plunged more than 105 per cent in 9MFY26.
In a quarter where the larger business grew at a measured pace, AI clearly behaved like a different engine.
We expect to grow higher than the peer average by the end of FY27, while progressing towards the 15 per cent EBIT margin target, said Tech Mahindra CEO Mohit Joshi
Wipro CHRO Saurabh Govil said the company has already hired over 5,000 freshers so far this fiscal
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.
The IT majors see this as a one-time cost, which will have an impact of around 10-20 bps on operating margins annually.
Moreover, Infosys has generated over 28 million lines of code using Gen AI till now, a 12% increase sequentially.
An X platform post, published on January 13, that got widely circulated claimed a Mysuru-based Infosys employee in the US got picked up by ICE agents and given two hours to pack up and leave.
Infosys has hired around 18,000 freshers and is on track to onboard 20,000 in FY26, CFO Jayesh Sanghrajka has said
The adjustments for labour codes represent an increase in gratuity liability and an increase in leave liability, the company said
In October, the Bengaluru-based firm had narrowed its revenue growth guidance for the full year to 2-3 percent.
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
TCS Q3 results: In the December quarter, the company reported $9.3 billion in deal total contract value
The Noida-headquartered IT major is looking for specialised talent in data and AI, digital engineering practice, cybersecurity practice, enterprise skills.
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.
