STARTUP/TECHNOLOGY Coforge Sees AI Driving Next Phase Of Growth, Order Book Hits $1.75 Bn

Technology services company Coforge Ltd. expects artificial intelligence-led engineering and outcome-based delivery models to drive its next phase of growth, supported by a record order book of $1.75 billion and the acquisition of Encora. “The technology services industry is shifting from a scale-of-people business to a scale-of-intelligence business. Our clients are no longer buying effort; […]

CW Bureau · Aug 3, 2026

STARTUP/TECHNOLOGY Coforge Lands $230-Mn 5-Year AI Transformation Contract In Europe

  IT services company Coforge Ltd has secured a $230 million (around ₹1,980 crore) five-year contract from a major European client, marking one of its largest artificial intelligence (AI)-led transformation engagements in the region and reinforcing the growing shift by enterprises towards large-scale AI deployment. The engagement will see Coforge deploy an AI-first transformation programme […]

CW Bureau · Jul 24, 2026

STARTUP/TECHNOLOGY Infosys Q1 Profit Rises 12% To ₹7,769 Cr As AI-Powered Deals Drive Growth

IT services major Infosys kicked off FY27 on a strong note, reporting a 12.2% year-on-year increase in consolidated net profit to ₹7,769 crore for the first quarter ended June 30, 2026, driven by robust demand for artificial intelligence (AI)-led transformation services and large deal wins. The country’s second-largest IT services company posted consolidated revenue of […]

CW Bureau · Jul 23, 2026

STARTUP/TECHNOLOGY Ashiss Kumar Dash Named Infosys CEO Designate, To Replace Parekh

Indian IT major Infosys has announced the appointment of Ashiss Kumar Dash as its Chief Executive Officer (CEO) Designate, setting the stage for a planned leadership transition at India’s second-largest IT services company. Dash will take over as Managing Director & CEO from April 1, 2027, following the completion of incumbent CEO Salil Parekh’s second […]

CW Bureau · Jul 23, 2026

STARTUP/TECHNOLOGY HCLTech Positions Itself To Become World’s Leading AI Solutions Provider

HCLTech sees artificial intelligence as a key growth driver and is positioning itself to become the world’s leading AI solutions provider. The global technology company always viewed disruption as an opportunity for reinvention and growth, and believes AI and related technologies will create larger business opportunities in the years ahead. AI strategy Chairperson Roshni Nadar […]

CW Bureau · Jul 20, 2026

STARTUP/TECHNOLOGY Wipro Q1 Profit Almost Flat At ₹3,352 Cr, Revenue Up 10.6% At ₹24,479 Cr

 IT services major Wipro Ltd reported a modest 0.65% year-on-year (YoY) increase in consolidated net profit to ₹3,352 crore for the first quarter ended June 30, 2026 (Q1 FY27), while revenue posted double-digit growth driven by steady demand for AI-led digital transformation services. The company had reported a consolidated net profit of ₹3,330.4 crore in […]

CW Bureau · Jul 16, 2026

STARTUP/TECHNOLOGY TCS Net Profit Rises 4.6% To ₹13,349 Cr In Q1 FY27; Revenue Jumps 13.9%

Tata Consultancy Services (TCS) reported a 4.6% year-on-year increase in consolidated net profit to ₹13,349 crore for the first quarter of FY27, supported by strong revenue growth and continued momentum in AI-led transformation projects despite a challenging global environment. The country’s largest IT services company posted revenue of ₹72,275 crore during the April-June quarter, up […]

CW Bureau · Jul 9, 2026

STARTUP/TECHNOLOGY Bahwan CyberTek Appoints Amrinder Singh As MD & CEO To Boost AI Shift

Bahwan CyberTek (BCT), a global digital transformation and AI-driven technology solutions company, has appointed Amrinder Singh as its Managing Director and Chief Executive Officer to spearhead the company’s next phase of global growth and AI-led transformation. The appointment comes at a time when enterprises worldwide are shifting from labour-intensive delivery models to autonomous, AI- and […]

CW Bureau · Jul 7, 2026

STARTUP/TECHNOLOGY Tech Mahindra Arm Acquires 100% Stake In Brazil-Based IT Services Firm

Tech Mahindra Ltd’s wholly owned subsidiary, Tech Mahindra Serviços de Informatica S.A., has acquired a 100% stake in Brazil-based Alyis Serviços Tecnicos LTDA for ₹2.21 crore. The acquisition follows the execution of a Quota Purchase Agreement with Orange Business Services Brasil LTDA on July 1. Upon completion, Alyis Serviços will become a wholly owned subsidiary […]

CW Bureau · Jul 2, 2026

STARTUP/TECHNOLOGY Persistent-Nagarro Combo To Create Global Digital Engineering Champion

The proposed combination of Persistent and Nagarro is set to create the world’s second-largest digital engineering company by revenue and India’s seventh-largest technology services company, with an annualised revenue run rate of more than $2.9 billion. According to Persistent, the combined entity will have a strong transatlantic presence, generating more than $1.7 billion in revenue […]

CW Bureau · Jun 29, 2026

STARTUP/TECHNOLOGY Wipro Sees AI Scaling Tech Spending, Establishes AI Native Business Unit

IT services major Wipro believes artificial intelligence (AI) is creating new growth opportunities for the technology services industry rather than disrupting traditional business models, Chairman Rishad Premji said in his message to shareholders in the company’s FY26 annual report. Premji said Wipro continued to invest in AI capabilities, platforms and talent during FY26 while maintaining […]

CW Bureau · Jun 23, 2026

STARTUP/TECHNOLOGY Hexaware Plans To Invest £25 Mn In UK, Create 1,200 Jobs Across 3 Cities

Hexaware Technologies, a global provider of IT solutions and services, has announced plans to invest £25 million to expand its operations in the United Kingdom, a move expected to generate around 1,200 jobs across Manchester, Leeds and Birmingham over the next three to five years. The investment was among those highlighted by the UK Government […]

CW Bureau · Jun 18, 2026