It News

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.

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.

Doing more with less: AI rewrites the operating model of Indian IT

Strategy has shifted to AI factories, agentic systems, and platform-infused engineering. And executives speak of productivity gains rather than fresher hiring now.

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.

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.

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.

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 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.

Accenture sees 'opportunity' in H-1B visa changes, impact limited to only 5% of US workforce

CEO Julie Sweet said every time there’s a big policy change, unfolded over decades, it has usually driven more business for the company.

Accenture’s Gen AI bookings jump to $1.8 bn in Q4, touch $5.9 bn for FY25

Since it began separately disclosing Gen AI numbers in FY24, the company has accumulated more than $7 billion in bookings from the nascent technology.

H-1B fee hike unlikely to impact Indian IT as top firms reduce dependency

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.

Have robust local recruiting, hiring infrastructure: Cognizant on H-1B visa fee hike

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.

Fed rate cut, trade talks ease downside risk for Indian IT, but tech budgets still locked

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.

Indian IT cuts H-1B visa use by 56% in 8 years; US Big Tech emerges top sponsor

Approved H-1B petitions for initial employment from the top seven Indian IT firms fell 56 percent to 6,700 in FY2023 from about 15,100 in FY2015.

Cognizant drops logo from social media after Bombay High Court reinstates trademark injunction

A Cognizant spokesperson said the company is complying with the order of the Bombay High Court, while also considering its options for redress and pursue available legal remedies to defend its right.

Wipro’s $375 million question: Can Harman deliver where other acquisitions didn’t?

Analysts caution: don’t suffocate Harman within slow structures.

Bombay HC restores ban on Cognizant logo use in India; Company to contest order

The bench instead reinstated a 19 March 2024 injunction that had barred the company from using the disputed branding in India.

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

Trump tariffs, valuations and earnings drag foreign ownership of Indian equities to a seven-month low in August

FPIs sold equities worth nearly Rs 21,000 crore during the fortnight following net withdrawals of Rs 17,741 crore in July, marking a sharp reversal from inflows of Rs 38,673 crore between March and June.

From 4 weeks to 5 days: How Infosys’ AI agents are boosting enterprise operations

While 78% of business leaders believe responsible AI drives growth, only 2% enterprises meet benchmark maturity standards, an Infosys report has said