Infotech
Wipro, Microsoft to launch GenAI assistants for financial services
The cognitive assistants will provide financial professionals with deep market intelligence and appropriate and timely information on investment...
IT cos bet on M&As to accelerate growth
Comfortable cash reserve and initiatives to build capabilities driving the M&A trend; Infosys, HCL Tech, Happiest Minds among firms making...
Microsoft to invest $2.2 bn to fuel Malaysia's cloud, AI...
Microsoft on Thursday announced to invest $2.2 billion over the next four years to advance new cloud and artificial intelligence (AI) infrastructure...
IT firm Cognizant's headcount drops by over 7,000 in Q1 this year
Information technology firm Cognizant's headcount has dropped by more than 7,000 in the first quarter (Q1) of 2024 when compared to the same quarter...
Contract hiring gaining steam in Indian IT space
Uptick in contractual hiring usually seen as a precursor to recruitment of permanent staffing at IT firms as deal conversion will improve in coming...
Slowdown delays Wipro, Tech M turnaround
New CEOs at the IT companies have to navigate arduous path for scripting turnaround stories
Wipro’s new CEO to get $6-mn salary
New Delhi: Wipro’s new CEO Srinivas Pallia will receive an annual remuneration of up to $6 million (about Rs 50 crore), according to a regulatory...
86% firms see positive relationship between sustainability,...
New Delhi: About 86 per cent of Indian organisations see a moderate to strong relationship between sustainability and their company's profitability, a...