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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
TCS CEO Krithivasan’s stunning disclosure lays bare a bind: AI is forcing IT services giants to give away a chunk of renegotiated contract value, even as new revenue remains lumpy and uncertain.
Two information technology bigwigs—Tata Consultancy Services (TCS) and HCLTech—kicked off the Q1 FY27 earnings season with numbers that have been largely welcomed by the market.
TCS reported revenue growth of 0.4% sequentially in constant currency terms with a margin expansion of 40 basis points, while HCLTech shrank 0.5%. Despite that, everyone from a WhatsApp group of retail investors to a big money manager with a corner office in Mumbai’s Nariman Point has nodded along in approval.
The numbers may look mortal, but after three years of Indian IT’s slow bleed, the market appears to have redefined a good quarter to …
Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.
