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'No impact observed': HCLTech reports ransomware incident, investigation underway

The company confirmed that this event has not caused any discernible impact on the broader HCLTech network. ....

Institutional Equities , Cyber Daily , Cltech Ransomware ,

India's $245 billion IT sector swallows tougher terms amid scramble for contracts

India's information technology firms are accepting tougher contract terms to win large deals from clients as they compete for fewer orders in an uncertain global economy, industry insiders and analysts say. The $245-billion sector, which gained immensely from the pandemic-induced boom in digital services, has struggled in recent quarters as clients slashed spending on discretionary projects amid inflationary pressures and recession fears. That is forcing companies including Tata Consultancy Services, Infosys and HCLTech to accept contract conditions such as guaranteeing minimum cost savings, billing the client only if certain goals are achieved and reviewing cost overruns. ....

Stephanie Trautman , Ashutosh Sharma , Avinash Baliga , Dhanya Skariachan , Peter Bendor Samuel , Danske Bank , Tata Consultancy Services , Everest Group , Sai Ishwarbharath , Consultancy Services , Chief Growth Officer Stephanie Trautman , Miral Fahmy , Everest Group , Contract Terms , Cost Savings ,

it sector: Indian $245 billion IT sector swallows tougher terms amid scramble for contracts

That is forcing companies including Tata Consultancy Services, Infosys and HCLTech to accept contract conditions such as guaranteeing minimum cost savings, billing the client only if certain goals are achieved and reviewing cost overruns. ....

Uttar Pradesh , Peter Bendor Samuel , Ashutosh Sharma , Stephanie Trautman , Avinash Baliga , Tata Consultancy Services , Everest Group , Danske Bank , Programme In Fintech , Indian School Of Business , Offering College , Tech Prowess , High Value Skill , Applied Risk , Consultancy Services , Chief Growth Officer Stephanie Trautman , It Sector , Tougher Terms ,

Leadership's Next Chapter: The Age Of AI

In this rapidly evolving technological landscape, the symbiotic relationship between generative AI and human leadership is the key to unlocking unprecedented advancements ....

Sundar Pichai , Tomas Chamorro Premuzic , Tiger Tygarajan , David Obrand , Christian Smith , Research At Gartner , Vice President , Chief Innovation Officer , Administrative Workload , Sales Teams , Generative Ai , Tomas Chamorro Premuzic ,