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IT bellwethers slash headcount in FY24 but Indian techies find a home with GCCs
Headcount in the top IT services firms in India is down by 75,000 in the last one year. However, ex…
Indian tech majors to see uptick from next fiscal with added benefits from GenAI
The Indian IT sector is set for a slow year as global slowdown has made companies rethink their tec…
Tiger Global writes down venture funds' bets by 33% in 2022, says Wall Street Journal
The markdowns erased USD 23 billion in value from its portfolio of startups.
ANI
Sensex, Nifty clock gains with buying in IT and finance stocks
After a see-saw session, the 30-share BSE Sensex ended 142.43 points or 0.23 per cent higher at 60,…
PTI
Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector
Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…
If you are looking to add sparkle to your portfolio this Diwali, here are ten stocks for Samvat 2079
Samvat 2078 has been a year of some highs and many lows. Despite all odds, Indian equities have far…
Infosys to acquire US-based data analytics company for $125 million — deal expected to close in third quarter
The Indian IT services giant Infosys announced that it will acquire US-based data analytics company…
Uber partners with Lithium Urban Tech to onboard 1,000 EVs in India
Uber said it has already deployed more than 100 such electric vehicles (all sedan), such as Mahi…
India will soon begin world's biggest COVID-19 vaccination programme: PM Modi
Lauding the scientists and technicians for the 'Made in India' vaccines, he said the country is…
PTI
India's consumer affairs minister Ram Vilas Paswan passes way at 74
Union minister Ram Vilas Paswan died on Thursday, his son Chirag Paswan tweeted.
Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform
Yet another earnings season has begun, as always, with IT services companies reporting a mixed set …
Mars will appear bigger, redder, and brighter tonight before dimming for another 25 years
Mars will be at its brightest tonight, on October 13. And the Red Planet will not appear this brigh…
India’s MEA hits back at Chinese Embassy — ‘There’s free media in India,’ says spokesperson
After the Chinese Embassy issued a notice to Indian media to refrain from covering Taiwan’s Nationa…
Troubled Lakshmi Vilas Bank receives indicative non-binding offer from Clix Group
In a regulatory filing, the LVB said it has received an indicative non-binding offer from Clix…
India’s Defence Ministry removes three-years worth of monthly reports from website
India’s Ministry of Defence has removed all of its monthly reports dating back to 2017 from its web…
Wipro's hiring at highest in a decade to hedge against employees leaving
The war for talent seems to be a rising concern for all information technology (IT) companies in In…
Chinese Army will be using thermal shelters to fend off the sub-zero temperatures along the India-China border this winter
To counter China’s threat along the border, India conducted the most extensive military logistic…
Cognizant Marches Into $10 Billion Revenue Club
Cognizant, which employs more than three-fourths of its employees in India, said its growth could s…