Sonata Software has appointed Hariprasad Rebala as its Chief AI Officer, the Bengaluru-based mid-tier IT services firm said. Rebala will lead the company's end-to-end AI-led business transformation, including strategy, offerings, service delivery,…
The Ministry of Electronics and Information Technology has cleared 31 applications involving an investment of Rs 7,877 crore under the fifth tranche of the Electronics Component Manufacturing Scheme. The approvals are expected…
Nearly half of all mergers and acquisitions by leading Indian IT companies in the past two financial years were aimed at acquiring artificial intelligence and allied capabilities, according to Crisil Ratings. The…
IT employees’ union NITES has approached the Ministry of Labour and Employment over the delayed onboarding of more than 200 candidates selected by Wipro under its Elite Hiring 2025 process. The union…
BSE Ltd will replace Wipro in the Nifty50 index from September 30, 2026, after the latest semi-annual review by NSE Indices. Wipro, part of the benchmark for nearly three decades barring a…
BSE Ltd will replace Wipro Ltd in the Nifty 50 index from September 30, 2026, as per NSE Indices' semi-annual review. The change is driven by BSE's average free-float market capitalisation of…
The four biggest IT firms, TCS, Infosys, HCLTech and Wipro, removed a net 9,100 employees in the April-June quarter this year, reports NDTV.com. A year earlier, in the same quarter, they had…
TCS shares led a rally in IT stocks, while rising futures prices and falling open interest indicated short covering in TCS, Infosys and HCLTech, NDTV Profit reports. Tech Mahindra saw fresh long…
