IT services business

IT SERVICES BUSINESS NEWS

What OpenAI, Anthropic’s new enterprise AI services ventures mean for Indian IT firms

May 06, 2026 9:02 am

It positions Anthropic and OpenAI in direct competition with some of the biggest IT consulting firms in the fast-growing market for corporate AI transformation.

Management institutes eye new-age tech with dedicated centres and specialised courses

September 12, 2021 10:50 am

With the increase in the size of the digital universe and higher computational power, firms are in the process of an organic transformation to capitalise on opportunities that the upcoming data technologies offer.

Indian banking sector to spend $9.1 billion on IT infrastructure, services in 2017: Gartner

November 13, 2017 2:28 pm

IT spending in the banking and securities firms in India will hit $9.1 billion - an increase of 11.7 per cent - this year, Gartner said on Monday.

Infy plans unit for products biz; Finacle to be kept out

February 28, 2014 4:00 am

The creation of such a unit is expected to provide operational flexibility and autonomy to run this business.

Wipro shares tumble over 11%,m-cap dips Rs 7,712 cr post earnings

April 22, 2013 9:39 am

Shares of IT major Wipro Ltd slumped over 11%,wiping off Rs 7,712 crore from its market cap.

Wipro net up 10.43% in Oct-Dec

January 20, 2012 9:40 am

IT major Wipro reported 10.43 pct rise in consolidated net profit to Rs 1,456.4 crore.

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