Infosys acquires majority stake in Australian IT firm for $150 million

New Delhi, Aug. 14 -- India's second largest software services provider Infosys will acquire a 75% stake in Australian information technology (IT) company Versent Group for over $150 million (AUD 233.... Read More

Too small or too soon? Sonata, Happiest Minds follow Accenture, IBM; start segregating AI business revenue

New Delhi, Aug. 13 -- Almost two years after Accenture Plc started quantifying business from AI, two small Indian information technology service companies have taken the lead in declaring or projectin... Read More

From underdogs to contenders: India's midsize IT firms throw down the gauntlet to the Big Five

New Delhi, Aug. 11 -- India's midsize information technology outsourcers, having grown faster than their larger peers for two consecutive years, are now publicly stating that India's top tech service ... Read More

Mid-tier IT firms reshuffle top brass to chase growth amid AI, tariff turmoil

New Delhi, Aug. 10 -- Persistent Systems Ltd named Jaideep Vijay Dhok as its chief operating officer for technology on Thursday, marking its third leadership change in as many weeks, to bolster its gr... Read More

TCS raises pay for 4 in 5, but clouds linger over job security

New Delhi, Aug. 7 -- Tata Consultancy Services Ltd (TCS) announced salary hikes for 80% of its employees starting September 2025, offering some relief after it announced layoffs late last month. The ... Read More

TCS rolls out salary hikes after layoffs, aims to rebuild trust

New Delhi, Aug. 7 -- Tata Consultancy Services Ltd (TCS) announced salary hikes for 80% of its employees starting September 2025, offering some relief after it announced layoffs late last month. The ... Read More

HCLTech's CEO is already the richest among top five IT peers-and his pay is rising further

New Delhi, Aug. 3 -- The highest-paid chief executive among India's top five information technology services companies is set to earn significantly more, even as the $283 billion sector faces automati... Read More

The Beat Report: The human story behind the once-in-a-decade TCS layoffs-and how I covered it

New Delhi, Aug. 2 -- In our new newsletter "The Beat Report", Mint's journalists bring you unique perspectives on their beats, breaking down new trends and developments, and sharing behind-the-scenes ... Read More

Cognizant Q2 beats estimates on BFSI strength, but organic growth a concern

Bengaluru, July 31 -- Cognizant Technology Solutions Corp. delivered better-than-expected results for the April-June quarter, buoyed by strong demand from banking clients. However, concerns about its ... Read More

The spectre of AI is staring Indian IT in the face

New Delhi, July 28 -- The advance of artificial intelligence (AI) may shrink some business and lead to reshuffle of employees, but it will also create new revenue streams, Hexaware Technologies Ltd CE... Read More

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