Infotech
Leading IT firms in India lost close to 70K employees in last fiscal...
Amid the muted revenue growth in the Indian IT services sector due to global macroeconomic headwinds, leading IT companies saw a drop of nearly 70,000...
Happiest Minds set to buy PureSoftware for Rs 779 cr
This acquisition will strengthen the IT firm’s BFSI, healthcare & retail verticals
Happiest Minds acquires Noida-based PureSoftware Technologies for Rs...
IT company Happiest Minds Technologies, on Thursday, said it has acquired Noida-based PureSoftware Technologies for $94.5 million (Rs 779 crore)
IBM acquires cloud software provider HashiCorp for $6.4 billion
IT major IBM has acquired multi-cloud infrastructure automation company HashiCorp for $35 per share in cash, or an enterprise value of $6.4 billion
IT services will see 2nd successive year of muted revenue growth
This follows a 12% compound annual growth over the decade through fiscal 2024 and 6% yoy growth expected for fiscal 2024: Report
IT cos bet on pricing uptick for better margins
Further, increase in employee utilisation and improvement in productivity continue to be the levers for enhancing margin
Gen AI roles likely to see 18-20% rise next quarter: NLB Services
Generative AI roles are likely to see 18-20 per cent rise in the next quarter as IT firms bet big on this novel technology to drive growth
54 pc Indian workers predict key shift in their roles in next 5 yrs:...
About 54 per cent of employees in India predict a substantial shift in their roles within the next five years, with 95 per cent expressing confidence...
