Indian IT sector News

HCLTech's CEO Vijayakumar Shatters Records with Rs 95 Crore Pay, Leading Indian IT Sector

HCLTech CEO C Vijayakumar becomes the highest-paid Indian IT CEO with a Rs 94.6 crore package, marking a significant milestone in the sector's executive compensation trends.

US Tariffs on IT Services: A New Challenge for India's Tech Sector Revival

The Indian IT sector faces new challenges as US tariffs threaten to curb its recovery, with potential ripple effects on discretionary tech spending and cross-border service pricing...

TCS Announces Historic Layoffs: Over 12,000 Jobs Cut in a Bold Move to Future-Proof the IT Giant

TCS, India's largest IT services firm, announces layoffs of over 12,000 employees, marking the biggest workforce reduction in the Indian IT sector's history. The move is part of TC...

Goldman Sachs Adjusts IT Stocks Outlook Amid US Economic Challenges: What Investors Need to Know

Goldman Sachs reduces price targets on Indian IT stocks by 3% to 32% due to US macroeconomic uncertainty, impacting major players like LTIMindtree and TCS differently.

Tech Stocks Tumble: What Accenture's Latest Earnings Mean for TCS, HCL Tech, and Infosys Investors

Accenture's latest earnings report has caused a stir in the Indian IT sector, leading to significant stock declines for TCS, HCL Tech, and Infosys. The Nifty IT Index's 15% drop si...