The strategic investment bolsters the company’s local manufacturing footprint to address the growing domestic and international market.
SAP’s focus on R&D can also be gauged by its R&D headcount and expenses.
LTTS saw its India market revenue grow by 33.4% year on year in the December quarter of this fiscal. India…
Infosys also revealed that it lost about Rs 250 crore due to the cyber security event, that also resulted in…
In January, Wipro reported better-than-expected revenue, despite a seasonally weak third quarter
Citibank is also a client of TCS, Infosys and Wipro. Jefferies in a note said, “Citibank’s woes may add risks…
IT major Wipro and General Motors along with auto parts supplier Magna announced that they are developing a B2B sales…
Adding downside risks for Infosys, CLSA said the top management churn at the company is leading to loss of deals…
Responsible AI frames the right kind of boundaries
For instance, Infosys’ top 25 clients contributed about 35.3% in the third quarter of FY23, but contributed about 33.7% in…
However, the Indian vendors could together secure only about $227 million from the US-based workplace-technology company – short of almost…
Similarly, last September, Capgemini, which has about 180,000 employees in India, acquired HDL Design House, a leading independent provider of…
As per a recent filing with US Securities and Exchange Commission (SEC), Ukraine remains the largest delivery centre for EPAM…
Hallucination happens when the generative AI model provides false information
Industry says technology will create more skilled jobs
In a fireside chat at the Nasscom Technology and Leadership Forum, Krithivasan, said, “Within TCS we value collaboration and camaraderie…
The IT firm is growing 11% year on year in its revenue.
Excluding hardware, the revenue is expected to touch USD 199 billion, a growth of 3.3 per cent over FY23.
