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Microsoft is preparing for another round of layoffs that could affect thousands of employees across ...
Indias IT services sector may take longer to recover than expected, according to a new report...
India is on course to become a trillion economy by the end of this decade, with the potential to ...
India’s industrial output grew 5.1% year-on-year in May, up from 4.9% in April, driven by strong manufacturing activity and higher electricity generation, according to the latest Index of Industrial Production (IIP) data. While the figures primarily measure industrial performance, they also provide valuable signals for the labour market, indicating continued demand for talent across manufacturing, […]
The Central government is planning a ₹5,000-crore scheme to help the steel industry adopt green technologies and reduce carbon emissions. The move is part of the government’s efforts to make steel production cleaner and support the industry’s transition to low-carbon manufacturing. The scheme is expected to provide financial support to steel manufacturers, especially smaller companies, […]
Accenture has lowered the upper end of its revenue growth forecast for FY26, raising fresh concerns about the pace of recovery in the global IT services market. The company now expects revenue to grow 3% to 4% in local currency, compared with its earlier guidance of 3% to 5%. The revision comes as businesses continue […]
The much-awaited mega campus of Infosys in Noida is fast taking shape, marking a significant milestone in the company’s expansion strategy in North India. Located in Sector 85, the sprawling campus is expected to emerge as one of Infosys’ largest development centres in the region, reinforcing Noida’s growing stature as a leading technology and innovation […]
A new joint study by Cognizant and Pearson shows a decisive shift in how organizations view Entry-Level roles. Far from eliminating entry-level jobs, artificial intelligence is transforming them into new, higher-value roles centered on oversight, collaboration, and human judgment. Based on insights from 750 HR leaders across the United States, United Kingdom, and India, the […]
Deloitte has introduced a unified agentic intelligence network within its global audit and assurance platform, Deloitte Omnia. The initiative is a major step in embedding advanced artificial intelligence into audit workflows, aiming to enhance efficiency, accuracy, and decision-making across its global practice. Agentic Intelligence in Audit Transformation The newly launched network brings together multiple AI […]
Tech Mahindra has leased nearly 4 lakh square feet of premium office space in Hyderabad’s fast-growing Kondapur commercial district, reinforcing the city’s position as one of India’s leading technology and Global Capability Centre (GCC) hubs. According to property registration documents reviewed by CRE Matrix, the IT services major has signed a 10-year lease agreement for […]
Accenture has leased approximately 10.16 lakh sq ft of commercial office space in Hyderabad’s Kondapur area in a 10-year agreement valued at over ₹1,000 crore, according to property registration documents accessed by CRE Matrix. The transaction marks one of the largest office leasing deals in the city’s recent commercial real estate history. The leased space […]
Tata Consultancy Services (TCS) has launched India’s first Oracle AI Data Platform Lab and Center of Excellence (CoE) in Kolkata, marking a significant milestone in the country’s enterprise AI and cloud transformation journey. The initiative, developed in partnership with Oracle, is designed to help enterprises modernize their data systems and accelerate the adoption of artificial […]
Tata Consultancy Services (TCS), India’s largest IT services company, has secured a multi-year strategic IT partnership with Elopak ASA, however, reiterating a cautious hiring stance for FY27 amid a still-evolving global demand environment. Under the agreement, TCS will serve as Elopak’s strategic IT partner, leading the transformation and management of its global IT operations. The […]
Infrastructure major Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) worth ₹18,600 crore with the Government of Tamil Nadu to develop three major industrial projects across the state. The agreement is expected to generate around 8,200 direct employment opportunities, strengthening the state’s push for large-scale industrial expansion. The MoU was signed in […]
Cognizant has announced the launch of its new Physical AI Platform-as-a-Service (PaaS), designed to help companies use artificial intelligence across physical operations such as factories, warehouses, transportation systems, energy networks, and healthcare facilities. The platform is built on the company’s Cognizant Intelligence Spine, which connects different physical systems including industrial sensors, IoT devices, automation equipment, […]
