News at Pareekh

Engineering Service Industry 4.0

August 2023

M&As in engg services space set to pick up.

Amid low attrition, IT companies see a massive churn in top leadership

Nasscom seeks review of licensing rule for PCs, other equipment

HCL Tech to take on 400 staffers from its client

Midsize IT cos in a fix as deals hit slow lane

IT firms bank on new tech spends by global retailers

Driverless vehicles on our roads?

AI to replace 5% full-time tech roles annually in five years: Experts

IT firms focus on acquisitions to tap new revenue streams

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Infosys bags $1.6 billion deal from Liberty Global

Google readies Chrome for distant quantum attacks with new support

Deal wins for IT firms may hit their margins: Analysts

Lower spend on 5G dents IT cos’ top line

TCS, Infosys move beyond US for big BFSI deals

AI to replace 5% full-time tech roles every year; experts see creation of high-level jobs

Amid Low Attrition, IT Companies Witness Massive Churn in Top Leadership in 2023

artificial intelligence to replace 5 full time tech jobs annually in five years report

IT Firms Focus on Acquisitions to Tap New Revenue Streams in 2023

Why TCS Picked Krithivasan As CEO

IT Firms Bank on New Tech Spends by Global Retailers: A Deep Dive 2023

Two youths from gujarat have created a rickshaw pulling

qr code in mehndi art video goes viral on raksha bandhan

July 2023

HCL to acquire German firm ASAP for $279 million

Caution’s the word as Big IT battles deal rampdowns

IT firms in inorganic route for top line push

GCCs on a hiring spree, IT firms look at their bench for talent

Some midsize IT cos to hit slow lane in Q1

Experts say TCS’ return to vertical ops structure will help it in slump

TCS net up 16.8% in Q1; margin & attrition dip amid a strong orderbook

With new business unit, TCS takes different path to genAI strategy

Indian IT sector’s Gen AI push is more FOMO than actual revenue conversion: Industry experts

Mohit Joshi faces a daunting task ahead at Tech Mahindra: Analysts

IT firms eye fixed price projects to improve margins

IT companies ride on govt deals abroad to boost revenue

Foxconn exits chip-making joint venture in India with Vedanta

Slide in small deals a big headache for IT firms; macro concerns continue to deter clients

Tech hiring to witness a surge in India: Know why

India's first Vedic theme park opens in Noida. Watch

man did a strange jugaad to make ice-cream outdoor by using car tyres see viral video

desi jugaad man making pizza sitting at office desk watch pizza making jugaad viral video sjr

June 2023

India becomes destination for auto OEMs to secure their digital content needs

India’s product engg cos grew at 25-35% in FY23

Midsize IT cos like KPIT, LTTS set to bag big deals

Transamerica cancels $2 billion TCS deal ahead of schedule

For IT firms, age does matter: Only 1-2.5% employees in 50+ age group

Will ChatGPT take big toll on BPM firms now?

From cars to aircraft, the world runs on Indian software and digital tech

India reboots plan to attract chip makers to build fabs in country

IT cos turn focus on vendors

IBM to buy Apptio for $4.6B to help companies optimize IT spend

Does EPAM Systems’ guidance cut signal tough road ahead for Indian IT?

Infosys, Wipro expand European presence for revenue boost

Uncertain economy, rapid tech change bring mega-deals under fire

Price war for big deals to hit IT cos’ margins

Cost of outsourced talent rises for

Indian product engineering companies zoom amid IT slowdown

Only 1-1.25% of Indian IT employees are above 50, more than 50% below 30

IT companies may lose outsourcing deals amid changing technologies

Why TCS' mega deal with Transamerica came to an end

India Is Becoming The Digital Content Hub For The Auto Sector.

TCS FY23 annual report reveals the age diversity in IT companies, details inside

Evolving technology leads IT companies losing outsourced deals

Indian Technology Powers Aerospace and Automobile Industries Worldwide

man amazing jugaad made bike-cum boat two in one use many countries are demanding this vehicle see viral video

What Is Bengaluru's Safety Island? A System That Helped Maldives Man Gets His Lost Items Back

Hope Sprigs on big IT Deal Wins

May 2023

TCS-led consortium bags BSNL’s ₹15,000cr 4G order

IT firms look to cut reliance on subcons

Job cuts may intensify as IBM plans to use AI to replace 30% of back office jobs

Delay in rolling out 5G may hurt Vodafone Idea badly

BPO firm’s exposure in eastern Europe rises

After a dismal Q4 amid macro challenges, what is in store for IT firms in FY24?

Cisco bets on manufacturing in India amid global supply chain crisis

IT firms on a spree – launching solutions on Generative AI

TCS bags Rs 15,000-crore BSNL deal to deploy 4G network across India

IT firms trying to expand their revenue basket

Databricks doubles down in India with staff hires, new R&D hub

India IT Embraces AI and You Should Feel Dead Scared


TCS Shares Rise As Company Bags Rs 15,000 cr BSNL Deal to Deploy 4G Network

Delay in rolling out 5G may hurt Vodafone Idea badly


April 2023

Laid-off techies struggle for jobs

IT companies see spike in staff cost

The great churn: Tech majors bring in new leadership amid course correction

Improper manpower planning led to delayed onboarding of freshers: Analysts

How Infosys walked into an ‘over-promise, under-deliver’ trap, and took a 9.4% hit on the market

IT firms seen bracing themselves for spending cuts by clients

Generative AI to open up revenue streams for IT firms, say analysts

IT’s the global slowdown effect

Big Techs’ India Layoffs: Is The Worst Over Yet?

Poor start. IT firms see decline in client addition in FY23

Low utilisation rate: Muted hiring, pay hikes seen at IT firms in FY24

Infosys Embraces GAI to Boost Revenue

Employee cost proportion increases for big tech giants

Employee Cost Proportion Rises For Large It Cos

March 2023