News for 'it-services'

TCS case: Kin of accused alleges 'office politics' behind harassment case

TCS case: Kin of accused alleges 'office politics' behind harassment case

Rediff.com19 Apr 2026

The family of a TCS employee arrested in connection with sexual harassment and conversion allegations at a Nashik unit claims he is a victim of internal professional rivalry and office politics. They allege a coordinated conspiracy driven by his academic and professional success.

Nashik TCS case: 'Accused concealed marriage, put pressure to convert'

Nashik TCS case: 'Accused concealed marriage, put pressure to convert'

Rediff.com18 Apr 2026

Nashik police is probing multiple FIRs alleging sexual harassment and forced religious conversion at a TCS unit, with eight arrests so far.

Apple Names John Ternus As New CEO To Succeed Tim Cook

Apple Names John Ternus As New CEO To Succeed Tim Cook

Rediff.com21 Apr 2026

Apple has announced that John Ternus will succeed Tim Cook as CEO in 2026. Ternus, the current senior vice president of Hardware Engineering, will take over as Cook transitions to executive chairman of the board. This change marks the end of Cook's long tenure and the beginning of a new chapter for Apple.

TCS Employee Accused Of Harassment Seeks Anticipatory Bail

TCS Employee Accused Of Harassment Seeks Anticipatory Bail

Rediff.com18 Apr 2026

A female employee of TCS in Nashik, accused of religious conversion and sexual harassment of women colleagues, has applied for anticipatory bail, citing her pregnancy. Police are investigating the allegations, and TCS has launched an internal probe.

The Top 5 Engineering Careers In India

The Top 5 Engineering Careers In India

Rediff.com21 Apr 2026

Nayagam PP, career counsellor and founder of EduJobs360, explains how traditional engineering choices are being replaced with flexible, future-ready career paths that align with industry requirements.

Nashik TCS case: Accused seeks bail citing pregnancy

Nashik TCS case: Accused seeks bail citing pregnancy

Rediff.com18 Apr 2026

A TCS employee accused of religious conversion and sexual harassment in Nashik has applied for anticipatory bail, as police continue to investigate the alleged misconduct at the IT firm.

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

TCS Q4 net profit jumps 12% to Rs 13,718 cr; adds 2k employees as layoffs end

Rediff.com10 Apr 2026

Tata Consultancy Services (TCS) announced a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, alongside a 9.64 per cent rise in revenue from operations.

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Wipro's $1 bn Olam deal, Mindsprint acquisition marks major strategic win

Rediff.com7 Apr 2026

Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.

India Inc Salary Hikes Hold Steady

India Inc Salary Hikes Hold Steady

Rediff.com7 Apr 2026

'Decisions on talent and rewards have shifted as employees and companies are operating in a buyer's market across most skill categories.'

Techie Dies After Being Hit by Car During Indore Protest

Techie Dies After Being Hit by Car During Indore Protest

Rediff.com27 Mar 2026

A woman was killed and another critically injured after being hit by a car during a protest in Indore. The incident occurred during a dispute over the commercial use of a penthouse.

Haryana CM Saini Foresees BJP Rule in West Bengal

Haryana CM Saini Foresees BJP Rule in West Bengal

Rediff.com8 Apr 2026

Haryana Chief Minister Nayab Singh Saini predicts a BJP government in West Bengal, citing a desire for development and change among the state's residents.

Gulf War: Stocks That Tanked The Most

Gulf War: Stocks That Tanked The Most

Rediff.com14 Apr 2026

West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears.

Wipro Creates New AI Unit, Appoints Nagendra Bandaru as CEO

Wipro Creates New AI Unit, Appoints Nagendra Bandaru as CEO

Rediff.com1 Apr 2026

Wipro has announced the launch of a dedicated AI-Native Business and Platforms unit, leading to a leadership shuffle with Nagendra Bandaru appointed as CEO and Kanwar Singh joining as President and Managing Partner of Technology Services GBL.

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

AI-Driven Productivity Gains Reshape Tech Hiring and Cause Job Insecurity

Rediff.com6 Apr 2026

TeamLease Digital CEO Neeti Sharma discusses how AI is driving a structural reset in the tech industry, leading to layoffs, reshaping hiring practices, and increasing job insecurity.

Health Club Owner Acquitted: Court Cites Vague Allegations and Probe Lapses

Health Club Owner Acquitted: Court Cites Vague Allegations and Probe Lapses

Rediff.com3 Apr 2026

A Delhi court has acquitted a health club owner of sexual harassment charges, citing vague allegations, inconsistencies in the complainant's testimony, and a flawed police investigation.

Bharat Taxi Surpasses 2 Million Users, Focuses on Driver Welfare

Bharat Taxi Surpasses 2 Million Users, Focuses on Driver Welfare

Rediff.com17 Mar 2026

Cooperation Minister Amit Shah announces Bharat Taxi, a cooperative-led ride-hailing platform, has reached 2.13 million users and 231,000 drivers. The platform operates on a zero-commission model, prioritising driver welfare and expansion into Tier 2 and 3 cities.

'As AI grows, legacy will compress': Noshir Kaka, McKinsey

'As AI grows, legacy will compress': Noshir Kaka, McKinsey

Rediff.com13 Mar 2026

'The reality is that every one of us will be pushed to learn and relearn faster than ever before. Some people will rise to that challenge. Some may not. But the opportunity itself is massive,' says Noshir Kaka, senior partner, McKinsey.

Cognizant Research: Companies Prioritise Custom AI Solutions for Enterprise Value

Cognizant Research: Companies Prioritise Custom AI Solutions for Enterprise Value

Rediff.com11 Mar 2026

Cognizant's research reveals that companies seeking AI adoption favour IT services firms offering custom, full-stack AI solutions, prioritising flexibility and expertise over cost and speed.

Why India is Poised to Lead in AI Enablement

Why India is Poised to Lead in AI Enablement

Rediff.com18 Mar 2026

Cognizant's Chief AI Officer, Babak Hodjat, highlights India's unique position in AI enablement due to its strong technology foundation and large pool of digitally skilled people. He emphasises the continued importance of developers in the age of AI and Cognizant's focus on becoming an 'AI builder' company.

Why India is Poised to Lead in AI Enablement

Why India is Poised to Lead in AI Enablement

Rediff.com18 Mar 2026

Cognizant's Chief AI Officer, Babak Hodjat, discusses India's unique position in AI enablement due to its strong technology foundation and skilled workforce, emphasising the continued importance of developers in the age of AI-generated code.

Tata Sons' Unlisted Ventures See Mounting Losses, Raising Capital Allocation Concerns

Tata Sons' Unlisted Ventures See Mounting Losses, Raising Capital Allocation Concerns

Rediff.com3 Apr 2026

Tata Sons' unlisted ventures, including Air India, Tata Digital, and Tata Electronics, reported combined net losses of approximately 25,568.8 crore in FY25, a 58.3 per cent increase from the previous year, despite Tata Sons itself remaining profitable for over a decade.

India's employment outlook hits record high for Apr-Jun quarter: Report

India's employment outlook hits record high for Apr-Jun quarter: Report

Rediff.com10 Mar 2026

A new survey indicates that Indian employers are planning to increase hiring in the April-June quarter, driven by strong business confidence and domestic demand. The survey also highlights the impact of AI adoption on workforce strategy and the challenges of talent scarcity.

AI Skills Enter Employee Performance Reviews

AI Skills Enter Employee Performance Reviews

Rediff.com11 Mar 2026

The message is becoming clearer: Employees who fail to meaningfully integrate AI into their work risk falling behind in performance assessments.

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com24 Feb 2026

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

IT Sector Faces Transition Amid AI Growth

IT Sector Faces Transition Amid AI Growth

Rediff.com24 Feb 2026

A key industry leader acknowledged the India IT services sector faces a "painful" transition due to AI, but emphasized the industry's resilience and ability to adapt through reinvention and focusing on complex enterprise technology.

Infosys targets $300-400 bn AI services opportunity

Infosys targets $300-400 bn AI services opportunity

Rediff.com17 Feb 2026

Infosys on Tuesday unveiled its AI First Value Framework, positioning itself to capture an estimated $300-400 billion incremental AI services opportunity by 2030, as global enterprises accelerate adoption of generative and agentic AI.

Tata Group, TCS Join Forces with OpenAI to Develop AI Infrastructure in India

Tata Group, TCS Join Forces with OpenAI to Develop AI Infrastructure in India

Rediff.com19 Feb 2026

The Tata Group and TCS have announced a multi-dimensional partnership with OpenAI to build AI infrastructure, offer joint solutions, and train Indian youth, aiming to position India as a global AI hub.

Friday the 13th caps a week of AI-sparked horror in IT stocks

Friday the 13th caps a week of AI-sparked horror in IT stocks

Rediff.com14 Feb 2026

The selloff in domestic information technology stocks intensified on Friday, with the Nifty IT index sliding as much as 5.2 per cent during the session before paring losses to close 1.44 per cent lower.

Rs 14 Trillion Investor Wealth Wiped Out

Rs 14 Trillion Investor Wealth Wiped Out

Rediff.com7 Mar 2026

Sensex and Nifty post steepest weekly loss in over a year, falling nearly 3 per cent.

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

Rediff.com20 Feb 2026

Fears around artificial intelligence (AI) sparked a global selloff in information technology (IT) stocks, dragging down domestic software shares and prompting the heaviest foreign portfolio investor (FPI) outflows since the second half of July 2025.

AI-Skilled Graduates Make Up 60% Of TCS Fresher Hiring

AI-Skilled Graduates Make Up 60% Of TCS Fresher Hiring

Rediff.com2 Mar 2026

'A prime hire can have a salary as high as Rs 11 lakh at the entry level and above.'

PV Sindhu Describes 'Scary' Dubai Airport Experience Amid Gulf Crisis

PV Sindhu Describes 'Scary' Dubai Airport Experience Amid Gulf Crisis

Rediff.com1 Mar 2026

Two-time Olympic medallist PV Sindhu recounts a 'tense and scary' experience at Dubai International Airport after an explosion occurred nearby, amidst escalating tensions in the Gulf region.

PV Sindhu recounts 'tense' Dubai airport ordeal after explosion

PV Sindhu recounts 'tense' Dubai airport ordeal after explosion

Rediff.com1 Mar 2026

Indian badminton star PV Sindhu and her coach were stranded at Dubai International Airport following an explosion near their location, triggered by escalating tensions in the Gulf region.

FM proposes MAT exemption for non-residents

FM proposes MAT exemption for non-residents

Rediff.com1 Feb 2026

Finance Minister Nirmala Sitharaman on Sunday proposed to exempt Minimum Alternate Tax (MAT) for non-residents who pay tax on presumptive basis.

Budget themes paint it as a reformative exercise

Budget themes paint it as a reformative exercise

Rediff.com11 Feb 2026

The 2026-27 Budget, seeking to harmonise the government's imperative to grant certainty while ensuring a rational tax policy, had several notable announcements to usher in halcyon days, says Mukesh Butani.

Sensex tumbles 558 points on sell-off in IT shares

Sensex tumbles 558 points on sell-off in IT shares

Rediff.com12 Feb 2026

Benchmark BSE Sensex fell 558 points on Thursday amid heavy selling in IT shares, as concerns over AI-led disruptions and waning hopes of a Fed rate cut after firm US economic data weighed on investor sentiment.

Indian IT Cos Unfazed by Venezuela Crisis

Indian IT Cos Unfazed by Venezuela Crisis

Rediff.com14 Jan 2026

While Infosys never had a presence, Wipro's Venezuelan unit was liquidated many years ago.

'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.

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Cognizant Reports Strong Q4 Growth, Fueled by AI and Large Deals

Rediff.com5 Feb 2026

Cognizant reported a significant increase in net income for the December quarter, driven by AI efficiencies and strong performance in the financial services sector. The company also announced a major deal and provided guidance for the upcoming year.

CCI Orders Probe into IndiGo

CCI Orders Probe into IndiGo

Rediff.com5 Feb 2026

The Competition Commission of India, following its preliminary inquiry, said the airline appeared to have caused an appreciable adverse effect on competition by restricting its services.