Infosys moves Karnataka High Court against Rs 415 crore GST show cause notice
According to the notice, the DGGI contends that services rendered by Infosys’ overseas branches do not qualify as ‘export of services’ under GST law, and hence the refund claims were erroneous.
India’s $280-bn IT industry safe from potential US tariffs, says Karnataka IT Minister
Kharge said it was premature to react to tariff talk, hinting that the US official behind the statement often shifts positions and it remains uncertain if the proposal to tax Indian IT will be implemented.
Wipro to acquire ER&D firm Harman Connected Services for $375 million
Harman Connected Services, headquartered in Connecticut, USA, is a global provider of ER&D and IT services with more than 5,600 employees in 14 countries
Infosys gives 80% bonus payout after strong Q1FY26 performance
The average for this quarter is better than the last one, which stood at about 65 percent for eligible employees.
Cognizant to roll out pay hikes for 80% of eligible staff from November 1
In India, consistent top performers will see salary hikes in the high single digits.
Infosys deploying over 300 Agentic AI solutions, which deliver 5-15% productivity gains for clients: CEO Salil Parekh
The IT services exporter closed $2.1 billion in large deals in the June quarter, which is a four-quarter high, and Parekh explained that many of these had AI components.
Global environment ‘more stable’ but not yet fully settled, says Infosys CEO Salil Parekh
Infosys has deployed over 300 AI agents across business operations and internal IP, reporting productivity gains in the range of 5-15 percent across client programs.
Infosys replaces National Insurance with GoDigit to insure 3.2 lakh employees
Winning a mandate by one of the largest IT players in the country is a major deal for the company in the competitive enterprise insurance segment.
HCLTech plans restructuring, to reduce overseas headcount in FY26
The restructuring will be across people and non-people assets and will be in India as well.
HCLTech trims headcount by 269 in Q1FY26, attrition steady at 12.8%
Despite the marginal decline in headcount, HCLTech onboarded 1,984 freshers in Q1.
TCS Q1 results: Headcount up 5,090 in second straight quarterly increase
India’s largest IT services firm has reported a 6% rise in net profit at Rs 12,760 crore
LTIMindtree launches GCC-as-a-Service to tap rising demand from global enterprises
The Mumbai-based firm is the latest tech firm tapping into the growing market for GCC enablement services, following staffing firm Quess Corp’s launch of 'Origint', in June.
Infosys CEO Salil Parekh's salary for FY25 rises by 22% to Rs 80.6 crore per annum
For FY25, Infosys’ chief’s pay is higher than that of his counterparts at Tata Consultancy Services (TCS) and Wipro.
Infosys-Cognizant trade secret row nears conclusion as US court orders settlement talks
The order, issued on May 23, urges Infosys and Cognizant to resolve non-dispositive pretrial discovery matters through dialogue before seeking judicial intervention.
Quess Corp's demerged digital engineering services arm Digitide aims to grow to $1 billion in 5 years
Founder Ajit Isaac's comments assume significance following the recent demerger, as the company aims to unlock value through its three entities — Quess, Digitide, and Bluspring
Wipro CEO Pallia’s salary increased 10% to Rs 54 crore in FY25
Chairman Rishad Premji’s pay more than doubles to approximately Rs 13.7 crore in the same period.
Bengaluru losing GCC edge to Hyderabad, tier 2 cities due to infra woes
Bengaluru’s share of India’s GCCs is projected to drop to 30% by the end of 2025 from 35% in 2020, even as cities like Hyderabad and Tier-2 hubs gain ground, according to data from ANSR Research.
Quess Corp sees IT and GCC hiring as key to double-digit growth target for FY26
The company signed 45 new clients in Q4 alone and currently holds 1,300 open mandates, most of them from non-tech and enterprise clients with emerging tech hiring needs.
Accenture gives 3-13% hike to Associate Manager and above level, a first in 2.5 years
The company will also promote nearly 50,000 employees globally, including approximately 15,000 in India.
Infosys advises Bengaluru employees to work from home amid heavy rain alert
Earlier, US-based IT services firm Cognizant Technology Solutions mandated WFH on May 20 due to the heavy downpour battering Bengaluru for the past two days.
HCLTech names a GCC head, follows moves by Cognizant, Wipro
Cherukuri will be responsible for scaling HCLTech’s GCC practice by bringing offerings that leverage HCLTech’s services and technology portfolio, apart from corporate function capabilities.
From Tamil Nadu to Bengaluru: L&T Tech Services brings student-led AI innovations to city’s traffic battle
The mid-tier information technology firm has already picked up such student innovations and translated them into real-world use cases.
Azim Premji Foundation to support 2.5 lakh girl students across 18 states in FY26
The scholarship offers Rs 30,000 annually to eligible girls pursuing degree or diploma courses in recognised higher education institutions.
