[ N Chandrasekaran, the chairman of Tata Consultancy Services (TCS), India’s largest IT services company, has emphasized the significant impact that generative artificial intelligence (GenAI) technologies will have on nearly every industry and nation in the future. He has said this in the company’s annual report for 2024, which was released earlier this week.According to … Read more
[ NEW DELHI: The combined market valuation of six of the top 10 valued firms eroded by Rs 1,40,478.38 crore in a holiday-shortened week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the maximum hit. Last week, the BSE benchmark declined 1,156.57 points or 1.55 per cent. Stock markets were closed on Wednesday … Read more
[ Indian IT sector employees should brace for flat salary hikes and deferred increments in 2024. India’s information technology (IT) sector, valued at $250 billion, is predicted to witness stagnant salaries in 2024 due to the impact of global challenges on company operations. The sector, known for being a major employer in the country, is … Read more
[ The combined market valuation of seven of the top 10 most valued firms increased by Rs 65,302.5 crore last week with Tata Consultancy Services (TCS) and ICICI Bank leading the pack.Sensex surged 663.35 points or 0.90% last week, while Nifty advanced 165.7 points or 0.74%.BSE and NSE also conducted a special trading session on … Read more
[ Growth in India’s information technology (IT) sector is expected to bounce back in the next fiscal year, according to experts. However, the recent performance of the country’s top four IT companies in the third quarter has not instilled much confidence, says an ET report.Although IT companies showed little improvement in market confidence following the … Read more
