-
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.
-
The Noida-headquartered company reported a net reduction of 261 employees during the quarter, taking its total employee base to 2,26,379 at the end of Q3FY26.
-
Nevertheless, restructuring expenses fell sharply in Q3, declining by over 77% QoQ to Rs 253 crore, indicating a tapering of one-time costs linked to the company’s ongoing workforce realignment.
-
TCS announced around eight deals in the third quarter, the highest among Tier-1 IT companies. Analysts at ICICI Securities have pegged quarterly deal total contract value in the $7billion-$9 billion range
-
With seasonal headwinds clouding reported numbers, investors are likely to look past the quarter and focus on management commentary around CY26 budgets and AI monetisation timelines
-
The proposed acquisition is expected to strengthen Coforge’s cloud, data, and product engineering capabilities while expanding its footprint in key overseas markets.
-
For Indian IT companies such as TCS, Infosys, HCLTech, and Cognizant, analysts say a stronger recovery is likely to depend on an improvement in macro conditions rather than company-specific execution alone.
-
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.
-
The Teaneck-headquartered company has also asked the court to pause all antitrust-related discovery by Infosys until its dismissal plea is decided.
-
Strategy has shifted to AI factories, agentic systems, and platform-infused engineering. And executives speak of productivity gains rather than fresher hiring now.
-
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.
-
Clients shift from pilots to production as tech spending focuses on efficiency and measurable outcomes.
-
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.
-
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 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’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.
-
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.
-
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.
-
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.
-
Ashwin Yardi, who has led Capgemini in India for seven years, will retire from executive duties at the end of December.
-
CEO Julie Sweet said every time there’s a big policy change, unfolded over decades, it has usually driven more business for the company.
-
Since it began separately disclosing Gen AI numbers in FY24, the company has accumulated more than $7 billion in bookings from the nascent technology.
-
Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, and Tech Mahindra now have between 20 percent and less than 50 percent dependency on H-1B visas to deploy workforce in North America.
-
The Teaneck-headquartered company, with a healthy exposure to H-1B visas in the US, is reviewing the US President Donald Trump’s H-1B visa fee hike and evaluating its potential impact on the company’s operations.
-
Nevertheless, firms with deep pockets, such as Infosys, TCS, and Wipro, can sweeten the deal by offering flexible payments, outcome-based pricing, or covering upfront costs to push hesitant clients.
