it services

IT services company HCL Technologies (HCLTech) on Tuesday said it has been selected by Cricket Australia (CA), the national governing body for the game in Australia, to drive its next phase of digital transformation. HCLTech has been a…

Worldwide banking and investment services IT spending is forecast to total $652.1 billion in 2023, an increase of 8.1% from 2022, according to Gartner, Inc. Spending on software will see the largest growth with an increase of 13.5% in…

Infosys has reportedly given an average of 60% variable pay for the fourth quarter of the fiscal year 2022-23. According to a report in Economic Times (ET), India’s second-largest IT servicescompany has informed the same to employees in an…

The global slowdown in the IT services industry wasn’t directly impacting the hardware business of Dell Technologies yet, as enterprises reallocated spend towards driving innovation and efficiency, said a senior executive.Speaking to ET,…

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Infosys shares are down over 10% on Monday after disappointing Q4 results. Not only Infosys, but other leading IT stocks like TCS are down today after subdued Q4 results and rising global uncertainties.Infosys Ltdshares have slumped due to…

Reserve Bank's regulation on outsourcing of IT services by banking sector entities is aimed at improving corporate governance and will protect the interest of consumers, say industry experts. The Reserve Bank of India (RBI) has recently…

NEW DELHI: Infosyson Thursday posted a 7.8 per cent year-on-year rise in consolidated net profit at Rs 6,128 crore in March quarter of FY23, and gave 4-7 per cent revenue growth forecast for FY24 amid macro economic uncertainties.The net…

CHENNAI: The crisis engulfing global banks in the US and Europe is likely to create additional stress on Indian IT industrythat is already staring at macroeconomic pressures. It is set to almost halve net headcount growth of the sector in…

Electronics hardware distribution firm Redington, known for reselling Apple, HP products in India, is diversifying into IT services solutions over the cloud, a top executive told ET.The idea is to cater to “large deals from small companies…