L&T Tech shares gain on signing multi-year pact with global energy firm BP
L&T Tech said that this partnership would underscore its domain expertise in energy segment
Source: moneycontrol.com
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L&T Tech Services joins with Amazon Web to speed up SDV development, ET Auto
L&T Tech is using Amazon Web Services’ cloud services, including Amazon CodeWhisperer, Amazon Bedrock, and AWS IoT FleetWise, to help vehicle manufacturers worldwide accelerate SDV development.
Source: indiatimes.com
IT jobs: There will be higher quality, maybe fewer jobs, emerging in IT: Rituparna Chakraborty, Teamlease
“Most of the reduction in numbers have happened in organisations which are really large in terms of manpower. That does not mean that there is absolutely no hiring going on in the other, a little more midsize or smaller organisations. I feel that even in these organisations, there are very specific demands.”
Source: indiatimes.com
FIIs raise stakes in major IT firms in Q2 despite weak earnings outlook
Mutual funds and insurance companies, too, continued to invest in large Indian IT stocks.
Source: moneycontrol.com
Guidance down revision rules the results of Indian IT companies in Q2
Companies have continued to cut their guidance due to the demand environment, a weak H1, longer deal closure timelines, and more
Source: moneycontrol.com