Beena Parmar

Oct 26, 2024 | economictimes.indiatimes.com | Beena Parmar

The growing trend of multinationals setting up global capability centres (GCCs) to insource technology services may seem to be a negative for Indian IT companies, but they are turning this to their benefit.Traditional Indian outsourcing giants, that have thrived on providing IT services to clients in developed markets, are now increasingly entering into business partnerships with MNCs to work with the local GCCs, helping them offset the revenue impact.This is also helping companies such as...

Oct 23, 2024 | economictimes.indiatimes.com | Sameer Ranjan Bakshi |Beena Parmar

ETtechSandeep Kalra, CEO, Persistent SystemsRiding on the high growth rate in its Healthcare and Life Sciences vertical, IT engineering services firm Persistent Systems expects to grow the same vertical to $1 billion revenue in the next three to five years. Revenue from the Healthcare and Life Sciences vertical is a little below $100 million per quarter.

Oct 20, 2024 | economictimes.indiatimes.com | Beena Parmar |Sameer Ranjan Bakshi

ETtechNachiket Deshpande, COO, LTIMindtreeLTIMindtree, country’s sixth largest technology services player, is rationalising smaller clients and grabbing higher share of vendor consolidation deals with artificial intelligence (AI) including winning the largest deal in the company’s history, one of its top executives told ET. “We are now embedding AI into each of our service, reimagining with AI…Bulk of our large deals that we announced this quarter came because of that differentiated AI offering.

Oct 20, 2024 | timesascent.com | Beena Parmar

Five out of India’s top six IT companies—Tata Consultancy Services (TCS), Infosys, Wipro, Tech Mahindra and LTIMindtree—hired more than 17,500 employees in total in the September quarter. This marked a reversal of declining headcount trend in the over $250-billion Indian IT industry after nearly seven quarters. HCLTech was the only company from the top tier to see its workforce reduce by 780 people last quarter largely due to its divestment of a joint venture with US-based State Street.

Oct 19, 2024 | economictimes.indiatimes.com | Beena Parmar

ETtechFive out of India's top six IT companies—Tata Consultancy Services (TCS), Infosys, Wipro, Tech Mahindra and LTIMindtree hired more than 17,500 employees in total in the September quarter. This marked a reversal of declining headcount trend in the over $250-billion Indian IT industry after nearly seven quarters. HCLTech was the only company from the top tier to see its workforce reduce by 780 people last quarter largely due to its divestment of a joint venture with US-based State Street.