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Infosys has bagged a digital transformation deal with Nordic-based Danske Bank valued at $454 million for a period of five years. The Bengaluru-based software exporter will also acquire the lender’s IT centre in Bengaluru that employs 1,400…

The allegations of a recruitment scandal at Tata Consultancy Services may be just the “tip of the iceberg” as a lot of companies have unwelcome nexuses in operation as they work with unfamiliar manpower firms and micro-boutique players,…

IT company Cognizant on Monday announced that it has extended its business relationship with industrial investment firm Orkla. Cognizant will modernise the delivery model, which will gear Orkla IT towards a future operating model that is…

Despite the fall in global tech spending and executive chairman Rishad Premji taking a 50% pay cut for FY23 due to a profit decline, Wipro CEO Thierry Delaporte says the company is taking bold bets and decisions to “transform” itself. This…

On May 25, Wipro, which is India’s fourth largest software services firm, told the US Securities and Exchange Commission that its Executive Chairman Rishad Premji’s annual compensation halved for the financial year 2022-23 due to…

Tata Consultancy Services (TCS) is building its own ChatGPT equivalent to be used for enterprise code generation, its chief operating officer N Ganapathy Subramaniam has said.The project, which is at a very initial stage right now, is…

Most of the ransomware groups are exploiting known vulnerabilities for which patches are available. (Image: Reuters)India saw a 53 per cent increase in ransomware incidents in 2022 (year-over-year) and IT and ITeS was the majorly impacted…

IT and engineering services (ITES) firm Prodapt, which is focused on the communication industry, announced the elevation of Harsha Kumar as its chief executive officer (CEO) on Monday. Kumar takes over from founder and current CEO Vedant…

The share of the offsite mode of software services exports by Indian IT service companies increased to 88.8% in fiscal 2021-22 as compared with 82.8% five years ago, according to data from the Reserve Bank of India (RBI) released on…

Pankaj Jathar was named vice-president and country head for Etsy India - the Indian arm of the global marketplace for distinctive and creative goods. Jathar will be in charge of expanding Etsy's marketplace capabilities and identifying new…