it services

New Delhi, March 31 The new income tax law and other budgetary provisions, including a higher Securities Transaction Tax (STT) on F&O trading and a lower TCS on overseas tour packages and LRS remittances for medical and educational purposes, will come into effect from April 1.Also, the Budget...

Infosys Announces Acquisitions to Boost Healthcare and Insurance Capabilities New Delhi, March 26 – Infosys has announced plans to bolster its presence in the healthcare and insurance sectors through the strategic acquisitions of healthcare digital transformation company Optimum Healthcare IT...

Wipro Expands Operations in South Korea with Seoul Innovation Lab New Delhi, March 23, 2026 – Wipro Limited announced the expansion of its business operations in South Korea, including a larger office in Seoul and the launch of a new Seoul Innovation Lab as part of its Wipro Innovation Network...

HCLTech Expands Strategic Partnership with Google Cloud to Accelerate Agentic AI Adoption Collaboration to Focus on AI Agents, Enterprise Automation, and Workforce Expansion HCL Technologies Ltd announced on Thursday, March 12, that it has expanded its strategic collaboration with Google Cloud...

Wipro Shares in Focus After Multi Year Deal with TruStage to Transform Retirement Services Operations Shares of Wipro Ltd. are likely to remain in focus on Thursday, March 12, after the IT services company announced a multi year contract with US based insurance and financial services provider...

Nuvama Upgrades HCLTech, Wipro, Tech Mahindra, Hexaware to ‘Buy’; Now Bullish on All Top 10 Indian IT Stocks Mumbai, March 11: Brokerage firm Nuvama has turned bullish on the entire top 10 Indian IT services companies, assigning a “buy” rating to all of them after upgrading its recommendations...

TCS Embraces AI, Encourages Revenue Cannibalization to Drive Innovation: CEO K Krithivasan Mumbai, February 25India’s largest IT services company, Tata Consultancy Services (TCS), has made it clear that it is not intimidated by artificial intelligence. Instead, the company is actively...

New Delhi, February 24: The IT services sector is entering a transformative phase as artificial intelligence reshapes traditional business models, with brokerage firm Jefferies warning of deeper structural changes ahead.According to the latest Jefferies report, AI-driven disruption is set to...

IBM Stock Sees Sharpest Drop Since 2000 Shares of IBM recorded their steepest single-day decline in more than 25 years on February 24, after fresh concerns emerged over how artificial intelligence could disrupt one of the company’s most stable revenue streams.The stock tumbled 13.2 per cent to...

Indian IT Sector at a Critical Inflection Point Amid AI Disruption Mumbai, February 24: Amid rising concerns over job security and the long term relevance of India’s nearly USD 300 billion IT services sector, HCLTech Managing Director and Chief Executive Officer C Vijayakumar said the ongoing...

Infosys Chairman Calls AI Shift a “Root-and-Branch” Change at Investor Day Bengaluru, February 17: Nandan Nilekani, Co-founder and Chairman of Infosys, said on Tuesday that artificial intelligence will fundamentally alter how software is built and deployed, marking a structural shift in the...

Mumbai, February 14 – The tax holiday for foreign cloud service providers aims to “provide investment certainty, anchor high-value digital infrastructure within the country, and strengthen India’s role in global digital value chains,” the government said on Saturday.The government has...

New Delhi, February 14 – Artificial intelligence (AI) is unlikely to replace IT services companies anytime soon, according to a new report by JP Morgan's Asia Pacific Equity Research team.Instead of shrinking the industry, AI is expected to become another tool that helps companies deliver more...

Washington, February 14 – Calling the upcoming India AI Impact Summit a “key event,” Dell Technologies senior executive Vivek Mohindra said the gathering marks a pivotal moment for India and the broader Global South as artificial intelligence reshapes economies and governance.“This is the...