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At Wipro th Annual General Meeting, Chairman Rishad Premji shared how the company is leaning heavi...
Wipro reported a net profit of , crore in Q FY, marking a . year-on-year increase from ...
As Tata Consultancy Services TCS wraps up the first -day cycle of its newly implemented benching...
IBM has launched a new Agentic AI Innovation Centre at its Bengaluru office on July 16. This space is meant to help companies build and test autonomous AI agents. It gives businesses the tools they need to create their agents, fine-tune Small Language Models (SLMs), and check results in just a few hours. Support for […]
In a candid interview with The Information, Meta CEO Mark Zuckerberg dismissed the notion that top AI researchers are joining Meta solely for massive compensation packages. Amid reports of Rs 1,600 crore ($200 million) offers to lure talent from Apple, OpenAI, and Google DeepMind, Mark clarified that the real draw lies in unmatched compute power, […]
Cognizant Technology Solutions has officially launched Agent Foundry, a comprehensive framework designed to help enterprises design, deploy, and scale autonomous AI agents across business functions. This marks a significant leap in enterprise AI adoption, moving beyond experimental pilots to production-grade agentic systems that can think, act, and learn within complex workflows. Agent Foundry is platform-agnostic, […]
Pidilite Industries, the maker of Fevicol and Dr. Fixit, has partnered with over 600 Industrial Training Institutes (ITIs) across Gujarat, Maharashtra, Himachal Pradesh, and Rajasthan. Pidilite aims to equip young Indians with hands-on vocational skills and future-ready knowledge. It aligns with the country’s broader vision of inclusive growth and sustainable infrastructure. Pidilite has already trained […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has announced a 100% payout of Quarterly Variable Allowance (QVA) to over 70% of its workforce for the April–June quarter (Q1 FY26). This marks the second consecutive quarter of full QVA disbursement, reinforcing the company’s commitment to employee recognition despite a challenging macroeconomic environment. According to […]
HCLTech reported its Q1 FY26 results with mixed signals. The company posted a consolidated net profit of ₹3,843 crore, marking a 9.7% decline YoY from ₹4,257 crore in Q1 FY25, and a 10.7% drop QoQ from ₹4,307 crore in Q4 FY25. The decline was attributed to lower utilization, client-specific ramp-downs, and a one-time impact from […]
Flipkart has launched a $50 million employee stock buyback program, potentially benefiting 7,000 to 7,500 staff members. The announcement comes as the Walmart-backed e-commerce giant gears up for a potential IPO filing in 2026, and prepares for its flagship Big Billion Days sale later this year. The buyback will allow eligible employees to liquidate up […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has reaffirmed its commitment to delivering wage hikes for its 600,000+ employees, despite macroeconomic headwinds and margin pressures. Speaking after the release of the Q1 FY26 results, Chief Financial Officer Samir Seksaria emphasized that employee compensation remains a top priority, stating, “My priority is getting back […]
Intel Corporation has officially spun off its AI-powered robotics and biometric division into a standalone company named RealSense. The announcement follows 500 job cuts, affecting 15–20% of Intel’s factory workforce, as the chipmaker restructures to regain footing in the competitive AI landscape. Nadav Orbach, formerly Intel’s VP for incubation and disruptive innovation, will lead RealSense […]
Microsoft has announced a major overhaul that replaces thousands of traditional sales specialists with technically skilled “solutions engineers”. This strategic pivot is part of the company’s broader ambition to become the “Frontier AI Firm”, as outlined in an internal memo by Chief Commercial Officer Judson Althoff. The move coincides with 9,000 job cuts, representing nearly […]
Tata Consultancy Services (TCS), India’s largest IT services firm, is facing a challenging start to FY26, with its Q1 performance falling short of analyst expectations. The company reported a 0.6% sequential decline in revenue to $7.42 billion, largely due to the ramp-down of its BSNL deal, which accounted for 2.8% of the 3.3% constant currency […]
Coforge Ltd., India’s seventh-largest IT services firm, is adopting a client-embedded consulting model—a strategy long employed by industry giants Cognizant and Infosys. The company is placing business consultants directly at client sites, aiming to proactively shape opportunities rather than waiting for formal RFPs. This approach marks a significant evolution in Coforge’s delivery model, positioning it […]
