IT and digital solutions provider Tech Mahindra on Friday reported 21.4 per cent drop in net profit at Rs 988 crore (quarter-on-quarter) in the October-December period of FY25, from Rs 1,257 crore in the same quarter last fiscal.
LTIMindtree posted a 7.1 per cent year-on-year increase in revenue to Rs 9,661 crore but the company's net profit fell during the October-December quarter of the current financial year amid rising expenses.
Amid mixed global markets, indices opened on a strong note and witnessed a rangebound movement throughout the session.
India's Digital Public Infrastructure (DPI) drives accessible and secure public services, transforming the digital economy.
Indian IT/tech ecosystem is projected to contribute 10 per cent to India’s GDP by 2025, with at least 20 per cent rise in emerging tech roles next year, a report showed on Monday.
India’s current account deficit (CAD) remains a key indicator of the country’s economic health, influenced by global trade dynamics and domestic policy shifts.
About 98 per cent of Indian business leaders are planning to increase investment in IT for sustainability over the next 12 months, as the country remains a leader in AI-driven sustainability initiatives, a report said on Thursday.
The Kerala High Court on Thursday issued notices to the Directorate of Enforcement (ED) and the Income Tax Department (IT) regarding the Kodakara hawala case.
India’s IT spending is projected to reach $160 billion in 2025, an increase of 11.2 per cent from 2024, according to a report on Tuesday.
Indian IT industry’s apex body Nasscom on Wednesday congratulated Republican candidate Donald Trump on his victory in the US presidential polls, saying they look forward to working closely with the new US administration to strengthen the dynamic tech partnership between the two nations.
