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Bengaluru
286 posts
Infosys (NSE: INFY) AI revenue grows 29%, but weaker FY27 outlook sends US shares down 6.6%
Infosys reported stronger artificial intelligence revenue and its highest quarterly large-deal bookings in recent periods, but reduced its annual revenue growth guidance amid persistent weakness in traditional IT services. The divergence raises questions about whether AI transformation is creating enough incremental demand to offset the pressure on existing outsourcing contracts.
Ensono has more than 4,200 employees globally. Why is India leadership becoming more important now?
Ensono has appointed Ayush Mittal as Senior Vice President and Managing Director for India, putting its Indian workforce at the centre of global cloud, infrastructure, application and AI delivery.
Wipro just lost 6,716 employees but revenue rose 9%. Is AI finally changing IT labour economics?
Wipro Limited ended the September quarter with 236,328 employees, a net decline of 6,716 in three months, even as revenue beat expectations and operating margin improved. The contraction stands in sharp contrast with HCLTech's recent hiring rebound and puts utilisation, artificial intelligence productivity and delayed large deals at the centre of Wipro's workforce strategy.
TCS unveils Industrial Intelligence Foundry targeting 25% productivity gains
Tata Consultancy Services is expanding its industrial AI portfolio with configurable agents, engineering workflows and governance capabilities designed for manufacturing and asset-intensive businesses. The company sees scope for 20% to 25% productivity improvements, but customer adoption, deployment costs and measurable operating results will determine the platform's commercial contribution.
Tech Mahindra Q2 FY27 results: Profit jumps 33% as $1bn deal wins support turnaround
Tech Mahindra reported ₹16,180 crore in quarterly revenue, a 14.8% operating margin and its fourth consecutive quarter of more than $1 billion in new deal wins. But declining free cash flow and uneven growth across business segments show that its turnaround still faces an important test as management pursues a 15% margin objective.
Wipro Q2 FY27 results: Revenue rises 9%, but deal bookings plunge 58.6%
Wipro Limited reported ₹24,753 crore in quarterly revenue and a stronger 16.5% IT services margin, but a sharp fall in large contract bookings and muted December-quarter guidance reveal that the company's growth recovery remains uneven. Artificial intelligence-led transformation opportunities are expanding, yet converting those engagements into sustained revenue growth is becoming the central challenge.
Nike is cutting roles but building in Bengaluru. What does Elliott Hill’s workforce reset actually change?
NIKE, Inc. is preparing further workforce reductions from 2027 as Chief Executive Officer Elliott Hill reorganises the sportswear group into three geographies, modernises its supply chain and builds a new Bengaluru campus. The multiyear Pace programme targets $2.5 billion of cumulative savings through fiscal 2031 but also carries roughly $1 billion of additional restructuring charges while revenue is expected to fall sharply this year.
Embark and Tavant combine AI engineering with GCC setup as India’s sector reaches $98.4bn
Embark and Tavant have formed a strategic partnership combining global capability centre establishment, workplace infrastructure and talent management with AI and digital engineering. The agreement targets new and existing GCCs in India's $98.4 billion sector, but its commercial value will depend on client acquisition, successful AI deployment and measurable operating improvements.
Astrogate Labs and Spacebeam target satellite data bottleneck with laser ground-station partnership
Astrogate Labs and South Korea's Spacebeam are combining satellite laser terminals with optical ground-station infrastructure to develop end-to-end space communications and explore a shared ground-station service model. The agreement builds on Astrogate's ISRO-related technology work and Spacebeam's operational ground infrastructure, but commercialisation will require successful satellite demonstrations, reliable atmospheric performance and paying customers.
Tejas Networks bets on 6G sensing with Qualcomm as Rs 4,277cr debt tests growth ambitions
Tejas Networks and Qualcomm have demonstrated integrated sensing and communications technology using 5G infrastructure, offering an early view of how future 6G networks could detect drones, vehicles and environmental activity. The collaboration strengthens Tejas Networks' position in next-generation telecom development, although its ₹202 crore quarterly loss, substantial debt and uncertain commercialisation timeline present a more immediate financial challenge.