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The collaboration seeks to pave the way for a significant overhaul of Athora's business and IT operating model

Indian IT Services May Experience Moderated Growth Of 3-5% In FY24: Icra

This anticipated slowdown comes against a backdrop of lingering uncertainties in key markets, leading to the deferral of non-critical projects and a discernible deceleration in discretionary IT spending

As IT Giants Clinch Billion-Dollar Deals, Investor Prudence Suggested Over Immediate Returns

Despite the monumental deal-making, a thought-provoking dichotomy emerges—these multi-billion-dollar deals are stretched over a minimum of five years, thus tempering their immediate quarterly revenue impact

Infosys Secures $2 Bn Framework Agreement For AI And Automation Services

Recent wins by Infosys are part of a broader trend among major IT services firms, which have been actively announcing large-scale deals over the past few weeks

Indian IT Companies Brace For Weak Q1 FY24, Focus On Cost Optimisation: Kotak Securities

The quarter, which is traditionally strong for the sector, is expected to fall short of expectations due to weakened discretionary spending across various verticals, particularly in financial services, telecom, and hi-tech industries

Unveiling The Future Of IT Spending In India And Beyond

Karunya Sampath

Tech

The potential of the Indian IT industry cannot be overstated, and the nation is set to become a key driver of global IT spending

Global Woes, India’s Domestic IT Resilience

Despite the prevailing uncertainties, the Indian domestic IT & Business Services market has exhibited robust growth

India’s Domestic IT Services Market Grows At Over 8% In 2022

Tech

Indian domestic IT and Business Services market was valued at USD 13.87 billion in 2022 and recorded a 7.4 per cent year-over-year (YoY) growth as compared to 7.2 per cent in 2021

IT Service Outsourcing Regulations To Be Effective From 1 October: RBI

Banking & Finance

The RBI-regulated financial institutions have been asked to comply with the requirements within 36 months of the renewal dates for agreements that are due for renewal on or after 1 October

Accenture To Cut Jobs And Lower Revenue Forecast Amid Global Economic Downturn In IT Services

The majority of job cuts will be in non-billable corporate functions, and the company's anticipated annual revenue growth has been revised downwards

Economic Survey 2023: India Emerged As Global Powerhouse In ER&D, Digital Talent

Economy

As per the Survey, the IT-BPM industry recorded nearly 10 per cent estimated growth in direct employee pool in FY22 with a highest-ever net addition to its employee base

Indian IT Industry Growth Could Moderate If Macroeconomic Headwinds Intensify: Icra