News for '-it-companies'

Q3FY26 results preview: IT companies' growth likely to remain muted

Q3FY26 results preview: IT companies' growth likely to remain muted

Rediff.com12 Jan 2026

With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).

'India Is A Reverse AI Trade Globally'

'India Is A Reverse AI Trade Globally'

Rediff.com25 Feb 2026

'The day that the market realises that they've overspent (on AI) and there's a sudden collapse in the capex, then India can start outperforming again.'

Jefferies downgrades IT, cuts earnings estimates

Jefferies downgrades IT, cuts earnings estimates

Rediff.com24 Feb 2026

Jefferies has downgraded Indian information technology (IT) companies Infosys, HCLTech, and Mphasis to "hold"; LTI MindTree, Tata Consultancy Services (TCS) and Hexaware to "underperform", citing artificial intelligence (AI)-related concerns. Coforge, Sagility and IKS, however, still remain its top picks.

AI to Reshape IT Services Sector, Says Report

AI to Reshape IT Services Sector, Says Report

Rediff.com25 Feb 2026

A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.

HUL tops sustainability rankings as India Inc deepens ESG focus

HUL tops sustainability rankings as India Inc deepens ESG focus

Rediff.com19 Feb 2026

Hindustan Unilever (HUL) has topped the Perpetual Capital Hurun India Impact 50 - 2026 list with 53.9 points (on the scale of 0-100), reflecting a strong performance across key sustainable development goals (SDGs), including climate, water, circularity, gender and biodiversity.

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Rediff.com1 Feb 2026

India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.

'What We Need Is Technology Skills Plus Learnability'

'What We Need Is Technology Skills Plus Learnability'

Rediff.com27 Jan 2026

AI is changing how IT companies hire, with skills like learning fast and solving problems now more important than degrees.

IT union flags delay in 250 engg grads' onboarding by Wipro

IT union flags delay in 250 engg grads' onboarding by Wipro

Rediff.com20 Jan 2026

The Nascent Information Technology Employees Senate (NITES) has written to the labour and employment ministry accusing global Information Technology (IT) firm Wipro of delaying onboarding of about 250 engineering graduates even though commitments were made by the company through offer letters and formal communication.

'MCA Graduates Have 71% Employability'

'MCA Graduates Have 71% Employability'

Rediff.com28 Jan 2026

rediffGURU Nayagam PP, founder of Edujob360 recommends how you can skill yourself to land your dream job.

8 Best Hotels And Resorts In Asia

8 Best Hotels And Resorts In Asia

Rediff.com23 Jan 2026

Cond Nast's editors have sat down, like they do yearly and listed their favourite stays in Asia.

Infosys Q3: Higher growth guidance drives IT stocks

Infosys Q3: Higher growth guidance drives IT stocks

Rediff.com17 Jan 2026

Shares of information technology (IT) companies were in demand on Friday, with the National Stock Exchange's (NSE's) Nifty IT index rallying 3.3 per cent on . This came after Infosys reported steady sequential growth, driven by health care boost and large deal rampup in a seasonally weak quarter (Q3FY26).

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

IT firm CEO among 3 held for gang rape of female manager

IT firm CEO among 3 held for gang rape of female manager

Rediff.com26 Dec 2025

Three people, including the CEO of a private IT company, have been arrested for alleged gangrape of a female manager of the company after a birthday party in Rajasthan's Udaipur, police said on Friday.

IT firm manager gangraped in moving car in Udaipur; 3 detained

IT firm manager gangraped in moving car in Udaipur; 3 detained

Rediff.com24 Dec 2025

According to the police, after the party all the guests left gradually, leaving the woman alone.

Lost job to AI, inspired by Bunty Aur Babli: Duo held for theft

Lost job to AI, inspired by Bunty Aur Babli: Duo held for theft

Rediff.com25 Dec 2025

An 18-year-old graphic designer, who claimed to have lost his job due to AI, was arrested with his NEET-aspirant woman friend on Thursday for allegedly stealing jewelry worth Rs 16 lakh.

H-1B Visa: The Hardest Hit Will Be...

H-1B Visa: The Hardest Hit Will Be...

Rediff.com26 Dec 2025

The US has replaced random H-1B selection with a wage-weighted lottery and a new $100,000 fee for applications, raising uncertainty for students and junior hires.

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

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

Rediff.com13 Aug 2025

India's top information- technology (IT) services companies, all cash-rich, have been tightfisted about ploughing back their earnings in new projects or acquisitions and the bulk of the profits have been distributed to shareholders through dividend and share buybacks. In the past 10 years (that is, excluding the current one), the firms have reinvested in growth and expansion only around 13.5 per cent of the cash flow generated from their operations.

How Could Markets Be At All-Time Highs While Portfolios Languished?

How Could Markets Be At All-Time Highs While Portfolios Languished?

Rediff.com29 Dec 2025

There are vexing questions around the disconnect between Nifty returns and portfolio returns, between economic growth and earnings growth, and finally, between earnings growth and market returns, points out Debashis Basu.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

Vijay praises BJP-partnered Puducherry government

Vijay praises BJP-partnered Puducherry government

Rediff.com9 Dec 2025

Actor-politician Vijay held his first public meeting in Puducherry, criticising the central government for neglecting the union territory's demand for statehood and praising the local government's impartiality. He also targeted the DMK government in Tamil Nadu, suggesting they could learn from Puducherry.

Want To Quit Your Job? Answer These Questions First

Want To Quit Your Job? Answer These Questions First

Rediff.com28 Nov 2025

The size or turnover of a company, or even the salary package offered, no longer prevents employees from quitting, notices rediffGURU Pradeep Pramanik.

MFs split on IT revival as outlook improves but uncertainties remain

MFs split on IT revival as outlook improves but uncertainties remain

Rediff.com24 Nov 2025

Fund managers are divided on the prospects for beaten-down information technology (IT) stocks, reflected in the wide variance in equity mutual funds' (MFs) sector exposure. An analysis by Nuvama Alternative & Quantitative Research shows that while six large fund houses were overweight the sector relative to its weight in the Nifty 200 index, five were underweight as of October 2025. UTI MF had the highest exposure at 17.8 per cent, while SBI MF sat at the bottom with 5 per cent.

FBI offers $50,000 reward for Indian who killed woman, son

FBI offers $50,000 reward for Indian who killed woman, son

Rediff.com3 Dec 2025

The FBI is offering a reward for information about an Indian national wanted in connection with the 2017 murder of an Indian woman and her son in New Jersey. US authorities are urging India to extradite the suspect, Nazeer Hameed.

Why IT Firms Face 5-10% Payroll Hike

Why IT Firms Face 5-10% Payroll Hike

Rediff.com24 Nov 2025

'Companies will need to revisit compensation structures, contracts, staffing models, and human resources system.'

Can Job Hopping Help Your Career Grow Faster?

Can Job Hopping Help Your Career Grow Faster?

Rediff.com11 Nov 2025

Merely saying merely 'I am bored' may be a weak reason for a transfer. Your reason to switch should be stronger and purposeful, advises Shruti Swaroop, founder of Embrace Consulting and co-founder of International Inclusion Alliance.

What are the Most Awaited IPOs of 2026?

What are the Most Awaited IPOs of 2026?

Rediff.com29 Oct 2025

Several companies across sectors like finance, healthcare, wellness, retail technology, and asset management are bracing up to hit the D-street. With an unprecedented 1.7 lakh crore raised in 2025, the momentum is likely to sustain in 2026.

Bus fire: Sleeping passengers charred beyond recognition

Bus fire: Sleeping passengers charred beyond recognition

Rediff.com24 Oct 2025

For many passengers killed in a fire in the ill-fated private bus in this district on Friday, death struck without a warning.

India's IT hiring stabilises in H1 FY26, campus intake improves

India's IT hiring stabilises in H1 FY26, campus intake improves

Rediff.com21 Oct 2025

After several muted quarters, India's IT sector hiring stabilised in the first half of FY 2025-26 as hiring patterns improved, following a reasonable rise in the recruitment of freshers and mid-senior level professionals, HR solutions provider Adecco India said on Tuesday.

AI Threat: 2 Million Tech Jobs At Risk

AI Threat: 2 Million Tech Jobs At Risk

Rediff.com20 Oct 2025

To turn disruption into opportunity, NITI Aayog has recommended the launch of a National AI Talent Mission to make India the AI workforce capital of the world.

Explained: Trump's H1 Order Decoded

Explained: Trump's H1 Order Decoded

Rediff.com14 Oct 2025

A deep dive into Trump's new policy and what it means for Indian professionals and companies.

TCS launches AI hub in London; to create 5K UK jobs in 3 years

TCS launches AI hub in London; to create 5K UK jobs in 3 years

Rediff.com10 Oct 2025

Tata Consultancy Services (TCS) on Friday announced the launch of an Artificial Intelligence (AI) Experience Zone and Design Studio in London, and said its continued investments in the UK will create 5,000 new jobs across the country over the next three years. Currently, TCS supports over 42,000 direct and indirect jobs across the United Kingdom. In FY2024, TCS contributed 3.3 billion pounds to the UK economy, according to a regulatory filing by the company.

H1B Visa Fee Shock Puts IT Firms In Bind

H1B Visa Fee Shock Puts IT Firms In Bind

Rediff.com4 Oct 2025

In the medium term, corporates and vendors could move away from visa dependency, shift more work offshore and share higher cost burdens with clients.

Infosys Q2 profit up 13% to Rs 7,364 crore

Infosys Q2 profit up 13% to Rs 7,364 crore

Rediff.com17 Oct 2025

IT company Infosys on Thursday posted 13.2 per cent increase in consolidated net profit at Rs 7,364 crore for the second quarter ended September 30, 2025.

Cost of H-1B fee hike? $500 mn for 5,000 new filings

Cost of H-1B fee hike? $500 mn for 5,000 new filings

Rediff.com22 Sep 2025

The magnitude of the new H-1B visa application fee for fresh petitions - math of which works out to USD 500 million in case of 5,000 filings - may nudge IT companies to expand offshore delivery or increase local hiring, according to Motilal Oswal Financial Services.

This Is Not Going To Be Easy For America

This Is Not Going To Be Easy For America

Rediff.com22 Sep 2025

'The battle for brain power among Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla and newer AI companies is fierce.' 'Given the race for AI with China, these companies will find it hard pressed to fill that talent gap,' notes an IT professional based in the US.

Potholes are everywhere, outside PM's house too: Shivakumar

Potholes are everywhere, outside PM's house too: Shivakumar

Rediff.com23 Sep 2025

'I want to tell big IT companies and others that such things (pothole issue) are everywhere, we are doing our job. It is there across the country, but we have a duty, we will do it'

H1B Crisis: Rs 85,500 Cr Wiped Out From IT Stocks

H1B Crisis: Rs 85,500 Cr Wiped Out From IT Stocks

Rediff.com23 Sep 2025

'It's better to stay away from large IT stocks until there is clarity on tariffs.'

'It's Becoming Very Difficult To Deal With America'

'It's Becoming Very Difficult To Deal With America'

Rediff.com26 Sep 2025

'New announcements are made every day which brings tremendous amount of instability and uncertainty.' 'Relying on America has become a big problem.'

$282 Billion Indian IT Industry In US Right Wing's Cross Hairs

$282 Billion Indian IT Industry In US Right Wing's Cross Hairs

Rediff.com17 Sep 2025

The US remains the largest market for IT outsourcing, and for Indian giants TCS, Infosys and Wipro, it contributes around 40 per cent of their top line.

BlackBuck exits Bengaluru, invited to relocate to Vizag

BlackBuck exits Bengaluru, invited to relocate to Vizag

Rediff.com17 Sep 2025

Online trucking platform BlackBuck co-founder & CEO Rajesh Yabaji on Tuesday said that the company has decided to move out of its current location at Bellandur on Bengaluru's Outer Ring Road (ORR), citing commuting and road infrastructure issues. The ORR, which is one of the IT corridors in the city, often witnesses traffic congestion.