Nifty IT News and Updates

Keep track of all breaking news on Nifty IT from all sources in a single place.

11 Aug 2025, 04:24PM

3035.40

-0.18%

TCS, Now Corporation partner to boost Philippine digital infrastructure

Business Standard

Tata Consultancy Services (TCS) on Monday said it has partnered with NOW Corporation's telecom arm to boost digital infrastructure and enable financial inclusivity in the Philippines. Now Telecom is a public sector telecommunications company in the Philippines offering services across mobile networks and fixed wireless. "Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has partnered with NOW Corporation's telecom arm Now Telecom, a public sector telecommunications company, to bolster national digital sovereignty, enable financial inclusivity, and build a clean network for the Philippines," according to a release. With this Memorandum of Understanding (MoU) in place, the release said, TCS will support the company with capabilities to expand trusted networks, provide sovereign cloud technology and a cyber-defence suite, alongside creating citizen-centric services in areas such as healthcare and digital banking, promoting financial .

Tata Consultancy Services Ltd. has lost -28.22% in the last 1 Year

Tech Mahindra Ltd.

11 Aug 2025, 07:19AM

1509.30

1.90%

Analysts at Angel One recommend buying these two stocks today; check why

Business Standard

From the April swing low near 1180 to the June peak around 1700, the Tech Mahindra stock saw a strong rally, followed by a month-long price correction.

Number of FII/FPI investors increased from 1095 to 1103 in Jun 2025 qtr.

Tata Consultancy Services Ltd.

08 Aug 2025

3035.40

-0.18%

TCS layoffs herald AI shakeup of $283 billion outsourcing sector

Business Line

The Indian outsourcing sector has been a key employment engine since the 1990s, offering upward mobility to millions of engineers

Tata Consultancy Ser.. has an average target of 3956.55 from 11 brokers.

Oracle Financial Services Software Ltd.

07 Aug 2025

8513.50

1.31%

Oracle will expand data centres in India: Jenny Tsai, Senior Vice President, Overall Database Product Management

Business Line

Stating that it's a big investment for the company, Tsai talked about the need to expand to meet the rapidly growing demand for AI and cloud services

Oracle Financial Services Software Ltd. is trading below all available SMAs

Tata Consultancy Services Ltd.

07 Aug 2025

3035.40

-0.18%

TCS to roll-out wage hikes for about 80% of employees, effective Sept 1

Business Line

The wage hikes comes at a time when TCS is set to lay off about 12,000 employees this year.

Tata Consultancy Services Ltd. is trading below all available SMAs

TCS to roll out salary hikes for 80% of staff starting September 1

Business Standard | 07 Aug 2025 1 more

Infosys Ltd.

06 Aug 2025

1424.10

-0.29%

Infosys Opens AI, Space Tech Centre In Hubballi; Local Headcount Crosses 1,000

NDTV Profit

The new centre is part of the 'Infosys Living Labs' network, a global ecosystem of over 12 centres, and will focus on developing advanced digital solutions for clients across the world.

Number of FII/FPI investors decreased from 1775 to 1705 in Jun 2025 qtr

Infosys inaugurates centre for advanced AI, cybersecurity and space tech in Hubballi

Business Line | 06 Aug 2025

Persistent Systems Ltd.

06 Aug 2025

5232.50

1.19%

Analysts trim estimates on Persistent amid valuation and growth concerns

Economic Times

Persistent Systems' shares declined following disappointing June quarter results, with revenue growth slowing due to healthcare sector sluggishness and project delays. While the company aims for $2 billion revenue by FY27, some analysts consider its valuation high amid short-term challenges. Despite a growing order book, client caution persists, leading to mixed analyst ratings, with some reducing earnings estimates.

Persistent Systems Ltd. is trading below all available SMAs

Tata Consultancy Services Ltd.

05 Aug 2025

3035.40

-0.18%

From TCS to Wipro, India's top IT companies a gravy train for shareholders

Business Standard

Have reinvested only 13.5% of the cash flows in capex

Number of FII/FPI investors decreased from 1797 to 1728 in Jun 2025 qtr

Tech Mahindra Ltd.

05 Aug 2025

1509.30

1.90%

Leadership, talent strategy to drive Tech Mahindra's global ambition: CEO

Business Standard

The new leadership, along with the steps being undertaken to nurture internal talents, will make Tech Mahindra not just a world-leading entity but also a world-beating organisation, a top company official has said. Tech Mahindra has restructured its global operations following the exit of some of its employees after the succession of the CEO role to Mohit Joshi, who has been with the company since its founding and is one of the longest-serving chief executives in the IT industry, CP Gurnani. "Our talent is the engine driving Tech Mahindra's transformation. We are doing what it takes to make TechM not just a world-leading, but a world-beating organisation, whether that means creating new roles, nurturing internal talent, or bringing in bold new leadership," Joshi told PTI in an email interview. The company has appointed new leaders for several verticals and elevated internal senior employees between August 2023 and June 2025 to lead key divisions at the organisation in global...

Tech Mahindra Ltd. is trading below all available SMAs

Tata Consultancy Services Ltd.

04 Aug 2025

3035.40

-0.18%

Non-information technology sectors stole the show in July hiring trend

Business Standard

July was also when TCS shook the IT industry job market by announcing layoffs of over 12,000 employees, raising concerns that hiring in this sector could be under severe stress

Tata Consultancy Ser.. has an average target of 3956.55 from 11 brokers.

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Nifty IT News and Updates

Keep track of all breaking news on Nifty IT from all sources in a single place.