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HCLTech reported its Q FY results with mixed signals. The company posted a consolidated net profi...
Flipkart has launched a million employee stock buyback program, potentially benefiting , to ...
Tata Consultancy Services TCS, Indias largest IT services firm, has reaffirmed its commitment to ...
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 […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has officially confirmed that employee salary hikes remain on hold due to persistent global market volatility. The announcement was made by Chief Human Resources Officer Milind Lakkad following the company’s Q1 FY26 earnings report, reinforcing a cautious approach to compensation amid economic headwinds. Milind stated, “We […]
Tata Consultancy Services (TCS) reported a 5.98% year-on-year (YoY) increase in net profit for Q1 FY26, reaching ₹12,760 crore, up from ₹12,040 crore in Q1 FY25. On a quarter-on-quarter (QoQ) basis, profit rose 4.38%, compared to ₹12,224 crore in Q4 FY25. Revenue for the quarter stood at ₹63,437 crore, marking a 1.3% YoY growth, but […]
VinFast Auto India, the subsidiary of Vietnam-based electric vehicle (EV) manufacturer VinFast, has officially inducted its first cohort of 200 employees for its upcoming EV plant in Thoothukudi (Tuticorin), Tamil Nadu. This marks a significant milestone in the company’s Asia expansion strategy and its commitment to building a robust, inclusive, and future-ready manufacturing ecosystem. The […]
Infosys has started sending warning emails to employees who work beyond 9 hours and 15 minutes daily. This change comes after the company introduced a tracking system to watch work hours more closely, especially for those working from home. The system sends alerts to employees who go past the allowed limit. An Infosys employee told […]
Tata Consultancy Services (TCS) has rolled out a new Generative AI pathway aimed at students aged 18 and above. This is part of its go Innovate Together (goIT) program, which helps young people understand digital tools and career options. The new offering introduces students to Generative AI, how it works, the tools involved, and ethical […]
Tata Power Skill Development Institute (TPSDI) has inaugurated a Green Energy Skilling Centre at Rohini, Delhi. The centre will offer specialized training in renewable energy technologies such as Solar PV Systems, Energy Storage, Pumped Hydro Storage, and Electrical Safety. These efforts align with India’s national goals for sustainable development and energy security. The launch event […]
India’s apprenticeship ecosystem is undergoing a transformative shift, driven by the rapid expansion of sunrise sectors that are reshaping the future of work. According to the latest Apprenticeship Outlook Report (Q1 FY2024–25) by TeamLease Degree Apprenticeship, the Net Apprenticeship Outlook (NAO) has surged to 76%, marking an 8% increase from the previous quarter. This unprecedented […]
Infosys, India’s second-largest IT services firm, has rolled out a new internal policy aimed at curbing excessive work hours among its 323,500 employees. The company has begun sending automated warning emails to staff who consistently work more than 9 hours and 15 minutes a day, particularly during remote work periods. The alerts are part of […]
