17 hours ago

Infosys Faces AI-Driven Price War, Loses Three Global Contracts

Infosys is confronting the new realities of the global outsourcing business after reportedly losing three multi-billion-dollar technology contracts, as artificial intelligence, aggressive pricing and vendor consolidation reshape the competitive landscape of the IT services industry. The Bengaluru-based company acknowledged during its first-quarter FY27 earnings that the loss of a major European client had weighed on …

1 day ago

Infosys fined in France over employee work-hour tracking failures

The action reflects the strict oversight of workplace practices in France, where companies are required to maintain detailed records of employee working hours

17 - 07 - 2026

MakeMyTrip India files initial papers for confidential public offering

The firm intends to list the shares of on both Indian the BSE Limited and the National Stock Exchange of India Limited.

17 - 07 - 2026

AI transforms Wipro’s order book, not yet its earnings

Unlike traditional outsourcing contracts, AI transformation programmes are implemented in phases

16 - 07 - 2026

Jio Financial’s Growth Strategy Gains Momentum as Profit Surges

Jio Financial Services Ltd delivered a sharp increase in quarterly earnings as its push to build an integrated financial services platform gathered pace, with rapid expansion in lending, payments, asset management and insurance signalling that the Reliance-backed company is moving beyond its start-up phase. The company reported a 156 per cent year-on-year rise in consolidated …

13 - 07 - 2026

HCLTech to invest ₹3,500 crore in AI data centres

The Noida-based company eyes 50 MW capacity; investment to be routed through a new subsidiary

13 - 07 - 2026

HCLTech Q1 net profit rises 20.3%, bookings hit record $2.4 bn

The firm’s attrition was at 12.7 per cent and fresher hiring fell to 1,056 from 1,984 during the quarter

07 - 07 - 2026

LME approves Kutch Copper brand for futures contract delivery

The listing enables eligible Adani Copper cathodes to be placed on warrant in LME-approved warehouses, which can be used as collateral.

05 - 07 - 2026

Tata Power pulls out of Karnataka after political pushback

Tata Power has withdrawn its bid to enter Karnataka’s electricity distribution sector after facing coordinated resistance from the Congress government, power sector employee unions and state-run electricity utilities, marking a significant setback for private participation in one of India’s largest power markets. The Mumbai-based power major has informed the Karnataka Electricity Regulatory Commission (KERC) that …

01 - 07 - 2026

Siemens to invest €300 million in Germany, create 700 jobs by 2030

This follows the earlier announcement of $165 million investment in U.S. factories to support growth of AI, data centres.