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Business News/Industry/ Infotech

Infotech News

Even with their industry-leading profitability, the largest companies have not been able to win over investors.

Big Boys of Indian IT struggle to retain investor confidence

5 min read . 05 Nov 2024

The decline in order books among India's foremost IT services firms raises alarm bells for the industry.

Could a weak order book act as a speed bump to Indian IT’s growth?

5 min read . 21 Oct 2024

About 30% of total technology spend by businesses across industries goes towards IT services, according to Gartner (Mint)

Large US banks open purse strings for Indian IT

3 min read . 20 Oct 2024

India produces about 1.5 million engineering graduates annually.

Japan emerges as the new promised land for Indian engineering graduates

5 min read . 07 Oct 2024

In 2023, India's exports of software and related services amounted to $193bn, with half going to America.

AI and globalisation are shaking up software developers’ world

6 min read . 30 Sep 2024

Accenture ended FY24 (it follows a Sep-August fiscal) with $64.9 billion in revenue, a 1% growth, and increased its revenue growth forecast for FY25 to 3-6%, almost double the previous forecast. (Mint)

Mint Primer | Accenture’s gain: Will it ripple into Indian IT firms?

2 min read . 30 Sep 2024

Senapathy ‘Kris’ Gopalakrishnan, co-founder of Infosys, and chairman of Axilor Ventures, a seed fund. (Mint )

IT sector has survived many tech transitions: Kris Gopalakrishnan on AI's impact

5 min read . 28 Aug 2024

Since the launch of ChatGPT in November 2022, Gen AI has gained global attention for its content creation capabilities. (Image Pixabay)

Gen AI pushes global firms to pour money into hardware upgrades

4 min read . 16 Aug 2024

The delay comes on the back of a sharp fall in headcount in FY24 of the top four firms.

From Wipro to LTIMindtree, IT employees irked by another delay in salary hikes

5 min read . 01 Aug 2024

Spending on Generative AI (GenAI) is yet to pick up, delaying recovery for the sector.

Mint Primer | IT services: When will the tide turn?

2 min read . 25 Jul 2024

Airline employees wait by a departure monitor displaying the ’blue screen of death‘ at Newark airport on Friday following the global tech outage. (Airline employees wait by a departure monitor displaying the ’blue screen of death‘ at Newark airport on Friday following the global tech outage. reuters)

Tech blackouts and the need for total protection

2 min read . 22 Jul 2024

Industry analysts that Mint spoke to concurred that while it is still early days for AI in consumer devices, smartphone makers are likely to struggle to convince Indian buyers. ( )

Indians aren’t paying more just for AI in phones, but laptops may hold key

4 min read . 16 Jul 2024

The country’s $254 billion IT services sector reported the weakest-ever dollar revenue growth of 3.8% in FY24, according to industry body Nasscom. (Photo: Mint)

Why office space is shrinking at Cognizant, Infosys and Wipro

4 min read . 19 Jun 2024

In its second term, the BJP government allotted a nearly $10-billion incentive package for semiconductor projects by the Tatas, Micron and others. (Image: Pixabay)

Decoding the new government's tech agenda: What lies next, in five charts

4 min read . 09 Jun 2024

IT sector's median revenue growth in the fourth quarter of FY24 was 0.7% sequentially in constant currency (CC) terms. (Image: Pixabay)

IT sector FY25 outlook: Uncertain macros to weigh on revenue growth

3 min read . 11 May 2024

Business services are critical to India’s economy. The sector employs 5m people, or less than 1% of Indian workers, but contributes 7% of GDP and nearly a quarter of total exports. (File Photo)

Will chatbots eat India’s IT industry?

4 min read . 11 May 2024

According to a Mint analysis, the overall share of women at TCS, Infosys, Wipro and HCL Technologies remained unchanged at 35.5% as of 31 March, from 35.6% a year ago. Photo: Hemant Mishra/Mint

IT firms must renew efforts to boost women's representation, experts say

3 min read . 09 May 2024

Tech Mahindra was almost single-handedly responsible for the 3% decline telecom revenue at the top five IT firms in FY24, having lost $320 million or 12.1% in annual revenue from telecom clients. Photo: Reuters

Telcos hanging up on tech spending will hurt IT firms

4 min read . 09 May 2024

The three cloud giants together added $2 billion in sequential incremental revenue in the March quarter.

The cloud is building; will TCS, Infosys, Wipro get showers of joy?

4 min read . 08 May 2024

Gartner expects Indian IT services revenue to grow by around 10% this year (Photo: iStock)

Mint Primer | Let the good times roll: IT services eye a better future

2 min read . 22 Apr 2024

Infotech Stocks

HCL Technologies

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