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Infosys wins over $100 million deal from Ikea, impacting 350 roles across multiple countries. The deal includes service desk and IT services management for 170,000 employees and 260,000 devices in 19 languages.
India Business News: BENGALURU: Twelve years ago, Cognizant crossed Infosys in revenue rankings to become the No.
With Infosys predicting a meagre 1% to 3% annual revenue growth and Wipro predicting a likely 1.5% revenue decline in the June quarter with a remote probability of a 0.5% increase, the picture for the current fiscal year is similarly dismal. For recent engineering graduates looking for work in the field, these developments are concerning.
India Business News: TCS, Infosys, Wipro reduced 64,000 jobs. Infosys expects 1-3% revenue growth, Wipro forecasts -1.5%. US firms fear slowdown. Gen AI impacts IT staffin
Wipro and LTIMindtree navigate leadership changes. Nachiket Deshpande and Sudhir Chaturvedi are key contenders for LTIMindtree's CEO role. The succession aims at sustaining growth and stability, with an eye on expanding LTIMindtree's market presence.