Moneycontrol PRO
HomeNewsInformation technology

Information Technology

Jump to
  • LTIMindtree will stop filing fresh H1-B visa applications: CEO Venu Lambu

    Lambu said the impact on LTIMindtree's onsite delivery model will be limited because the company has already reduced its dependence on H-1B over the last few years and built a strong local hiring engine in the US.

  • Education alone is insufficient without jobs, says Infosys' Sumit Virmani

    India’s next wave of social innovators must focus on turning education and training into tangible employment outcomes, Virmani has said

  • Cross-GCC hiring now 60% as centres battle 20% attrition, says report

    The whitepaper also highlights the rise of Tier-2 cities as expansion hotspots, driven by lower costs and a steady pipeline of engineering talent, however, attracting experienced senior professionals to these locations remains a challenge.

  • Cognizant seeks dismissal of Infosys counterclaims in TriZetto fight

    The Teaneck-headquartered company has also asked the court to pause all antitrust-related discovery by Infosys until its dismissal plea is decided.

  • New labour code mandates salary disbursement by 7th of every month for IT employees

    Also, the labour code asks IT/ITes companies to facilitate for women to work night shifts in all establishments, therefore, opportunity for women to earn higher wages.

  • IT union slams Karnataka's self-certification policy, calls it anti-worker move

    The new provision allows companies to self-declare compliance, which the IT union argues grants corporations a free hand to violate labour laws without fear of scrutiny.

  • Tech, IT industry run huge risk if they do not turbocharge engineers, says MeitY’s Abhishek Singh

    India’s ambitions to build its own LLMs are set to advance with Bengaluru-based Sarvam nearing the launch of its foundation model, Singh added during the panel discussion.

  • H-1B shift shows Trump moving from ideology to pragmatism, analysts say

    Industry watchers say India’s IT sector remains largely unfazed as US visa restrictions tighten, with firms already localising hiring and reducing dependence on H-1Bs.

  • Karnataka to reimburse rent, property tax, power duty to lure IT firms outside Bengaluru

    The strategy is to move technology jobs and investments into cities such as Mysuru, Mangaluru, Hubballi-Dharwad, Kalaburagi, Belagavi, Shivamogga, and Davanagere.

  • Happiest Minds says demand environment stable as digital, AI programs continue

    Clients shift from pilots to production as tech spending focuses on efficiency and measurable outcomes.

  • Quess sees ‘green shoots’ in IT staffing during September quarter as select hiring mandates open

    The demand is primarily in AI, cloud transformation, cybersecurity, enterprise platforms and SAP HANA upgrades, tied to ongoing technology modernisation in global enterprises.

  • Cognizant calls time on the IT era, bets future on AI built delivery

    The firm continues to lean heavily on fresher hiring, targeting 20,000 campus recruits this year, while moving delivery towards AI-assisted development workflows.

  • Cognizant posts strongest sequential growth since 2022, raises full-year guidance to 6-6.3%

    CEO Ravi Kumar S said that over 30% of the company’s code is now being generated by AI, improving developer productivity and enabling larger fixed-price deals.

  • Coforge leans on proprietary AI platforms as automation reaches 8% of revenue

    Coforge’s strategy is to scale AI-led engineering, expand large accounts and maintain asset-light delivery.

  • Infosys stock falls today even after Q2 results beat Street, brokerages say ‘buy’; check share price targets, upside

    Infosys Share Price Today: Analysts including Nomura, Jefferies, and HSBC issued ‘buy’ ratings on Infosys stock with target prices in the range of Rs 1,700-1,730 per share, citing steady execution, resilient margins, and an improving deal pipeline.

  • Our US workforce requiring sponsorship for immigration is a minority: Infosys CEO on H-1B visa

    In January, the Bengaluru-headquartered firm announced that it had significantly reduced its reliance on H-1 B visas, as over 60 percent of its US workforce is now comprised of locals.

  • Wipro's headcount increases by 2,260 employees in Q2FY26

    Wipro onboarded about 2,900 freshers during this quarter despite lower attrition in the previous quarter and better utilisation, said chief human resource officer Saurabh Govil during the company's second-quarter earnings conference.

  • Wipro says H-1B visa fee hike has no impact as 80% of US workforce are locals

    Wipro’s stance mirrors that of its peers. Last week, Tata Consultancy Services (TCS) said it has 'significantly reduced its dependency on H-1B visas', with only around 500 associates travelling to the US on new visas in the past year.

  • Infosys headcount increases by 8,203 in Q2FY26

    Jayesh Sanghrajka, CFO, Infosys shared that the company has hired around 12,000 freshers as of H1, and is on track to onboard 20,000 freshers for the full year of FY26.

  • Infosys Q2 net profit rises 13% YoY to Rs 7,364 crore; FY26 revenue guidance narrowed to 2-3%

    Infosys Ltd Q2 FY26 results: Infosys Ltd declares fiscal second quarter earnings. Check net profit, revenue, guidance, other details.

  • AI Boom or Bubble 2.0? The Fiber Optic Flashback

    The dot-com and fiber-optic bust of the early 2000s didn’t occur because the internet was a bad idea, it happened because expectations ran ahead of monetization. The same risk shadows AI today.

  • 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.

  • TCS offers up to 2 years’ severance pay amid workforce restructuring

    Employees who have been unallocated or “on the bench” for over eight months without finding a suitable role are offered a simpler package, consisting of notice period pay equivalent to three months.

  • Capgemini names Sanjay Chalke India CEO as Ashwin Yardi retires

    Ashwin Yardi, who has led Capgemini in India for seven years, will retire from executive duties at the end of December.

  • TCS layoffs leave employees facing uncertainty and anxiety

    TCS told Moneycontrol that speculations around a higher number of layoffs are incorrect and misleading, adding that the impact is limited to 2% of its workforce.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347