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    1. Business News
    2. Authors
    3. padmini dhruvaraj

    Padmini Dhruvaraj

    HCL Tech, Google Cloud, alliance, GenAI technology, Gemini, HCLTech AI Force, partnership
    HCLTech profit up 7%, beats estimates

    Keeps FY25 guidance unchanged at 3-5%

    By Padmini Dhruvaraj
    July 12, 2024 23:01 IST
    CLSA, TCS, Infosys, TCS news, Infosys news, IT firms, IT firms news
    TCS reports rise in Q1 hiring, gives 4.5-7% increment

    Net headcount addition at 5,452 after three quarters of decline; no variable pay to WFH staffers

    By Viveat Susan Pinto
    Updated: July 11, 2024 22:20 IST
    TCS, mcap
    TCS beats estimates, profit declines 3.2% to Rs 12,040 crore

    Telecom and AI deals deliver

    By Padmini Dhruvaraj
    July 11, 2024 21:52 IST
    fintech,
    Cifdaq plans to launch centralised exchange in August

    Looking to the future, Cifdaq is not only focusing on financial services but also exploring the potential of blockchain in…

    By Padmini Dhruvaraj
    July 11, 2024 02:00 IST
    HCL Tech, Xerox, partnership, sustainable growth, collaboration, hybrid workplace
    HCLTech Q1 revenue margins seen lower

    The average of five brokerage firms expect HCLTech’s revenue to fall Rs 27,866 crore in April-June from Rs 28,499 crore…

    By Padmini Dhruvaraj
    July 10, 2024 02:30 IST
    In November, Wipro had filed a lawsuit against Dalal, accusing him of violating the non-compete clause in his employment contract by joining rival Cognizant within 12 months of his last work date.
    Cognizant settles Dalal lawsuit with Wipro Intro: Pays Rs 4 crore in settlement

    Cognizant also said that former Wipro senior vice president Mohammad Haque’s lawsuit has also been settled with Wipro.

    By Padmini Dhruvaraj
    July 9, 2024 23:29 IST
    Shares of TCS surged nearly 7% on Friday following the company's earnings announcement.
    TCS likely to see modest growth in Q1, wage hike to hit margins

    The average of five brokerage firms expect TCS’s revenue to rise 1.5% sequentially to Rs 62,155.5 crore during the period.

    By Padmini Dhruvaraj
    July 8, 2024 21:43 IST
    AI
    IT companies gain with GenAI, but full monetisation still far away

    In healthcare, GenAI is being utilised in contact centers to assist agents and in claim operations to expedite processes.

    By Padmini Dhruvaraj
    July 8, 2024 04:50 IST
    startups, aws, tech startups, startups in india, tech firms
    Free solutions by big tech firms hurt models by startups

    The large resource base of the big tech firms enables them to release their small solutions for free.

    By Padmini Dhruvaraj
    July 5, 2024 01:30 IST
    peak xv partners, funding transformx, digital transformation
    Peak XV Partners ready to deploy Rs 16,000 crore for AI startups

    Recently, Peak XV Partners led a series of substantial funding rounds, including a $10.5 million investment in AI health startup…

    By Padmini Dhruvaraj
    July 5, 2024 00:15 IST
    money, rupee
    IT companies may see modest rebound in Q1 earnings

    According to Motilal Oswal, the industry is set to experience “sequential improvement in a seasonally strong quarter” despite a challenging…

    By Padmini Dhruvaraj
    July 4, 2024 02:45 IST
    software development, AI, software development AI
    HR roles getting trimmer as firms adopt AI tech

    Approximately 1.8 million individuals are employed in HR roles across sectors such as IT services, manufacturing, BFSI, healthcare, logistics, and…

    By Padmini Dhruvaraj
    July 4, 2024 01:30 IST
    AI has the potential to revolutionise customer service, with AI-infused chatbots and virtual assistants becoming integral to customer service strategies.
    Genpact, Microsoft develop 120 AI use cases

    The financial impact of these AI initiatives is clear, with both companies experiencing significant returns on investment.

    By Padmini Dhruvaraj
    Updated: July 4, 2024 17:28 IST
    BFSI
    Planview to invest $125 million in India ops, eyes growth in BFSI sector

    “We see a massive, massive potential in India as a growth market, both as a business market as well as…

    By Padmini Dhruvaraj
    July 1, 2024 02:50 IST
    genai, artificial intelligence, ai, emotional intelligence, generative AI
    TechM is best poised to leverage the power of AI: Anand Mahindra

    “AI will push these services towards a new frontier, into directions that were hitherto unimaginable — and Tech Mahindra will…

    By Padmini Dhruvaraj
    June 29, 2024 04:20 IST
    This acquisition follows the addition of XtremeEDA, an Ottawa, Canada-based silicon design services company, in 2022.
    AI requires more than adoption for value: Accenture

    As companies navigate this shift, the role of continuous learning and adaptation becomes crucial.

    By Padmini Dhruvaraj
    June 29, 2024 02:25 IST
    The earnings release will be available on Tech Mahindra’s official website, where you can find the Fact Sheet, Press Release, and other supporting documents related to the financial results.
    Tech Mahindra utilises GenAI to boost coding speed, efficiency

    Many customers of the IT company are also utilising this approach to write new code, add features, and build applications,…

    By Padmini Dhruvaraj
    June 28, 2024 00:55 IST
    Infosys, Infosys news, transformx, Infosys GenAI, GenAI programmes
    Infosys developing 225 GenAI programs for clients: Nilekani

    Nilekani further said the adoption of enterprise AI is anticipated to be gradual when compared to consumer AI.

    By Padmini Dhruvaraj
    June 27, 2024 03:00 IST
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