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FY26 likely to be another slow year for IT companies, say analysts
FY26 likely to be another slow year for IT companies, say analysts

Business Standard

time5 days ago

  • Business
  • Business Standard

FY26 likely to be another slow year for IT companies, say analysts

Analysts say possibility of hitting high single-digit revenue growth looks unlikely Shivani Shinde Avik Das Mumbai/Bengaluru Listen to This Article The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely. The top five IT players are Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro, and Tech Mahindra. According to UnearthInsight, tech services will grow by 3-5 per cent in FY26, with leading Indian IT companies likely to experience modest, incremental growth rather than a strong recovery in the near term. Persistent geopolitical uncertainties,

The AI browser market turns a new page: What are users getting now?
The AI browser market turns a new page: What are users getting now?

Business Standard

time20-07-2025

  • Business
  • Business Standard

The AI browser market turns a new page: What are users getting now?

The AI browser market is expected to be worth around $76.8 billion by 2034, from $4.5 billion in 2024, according to a report by Shivani Shinde Mumbai Listen to This Article Nvidia-backed Perplexity AI is launching Comet, a new web browser with AI-powered search capabilities, as it looks to challenge the dominance of market leader Alphabet's Google Chrome. The AI browser market is expected to be worth around $76.8 billion by 2034, from $4.5 billion in 2024, according to a report by Chrome held a commanding 68 per cent share of the global browser market in June, according to StatCounter, cementing its position as the world's most widely used browser — far ahead of Safari, Microsoft Edge and Firefox.

From kitchen to Cloud: How Ajay Vij is steering Accenture's India engine
From kitchen to Cloud: How Ajay Vij is steering Accenture's India engine

Business Standard

time18-07-2025

  • Business
  • Business Standard

From kitchen to Cloud: How Ajay Vij is steering Accenture's India engine

Shivani Shinde Listen to This Article Getting a gourmet Italian restaurant to open exclusively for lunch is rare in Mumbai. But for Ajay Vij, senior country managing director, Accenture India, all it takes is a phone call. And why not? Before he entered the tech industry in 2000, Vij was a chef with Oberoi Group — and hospitality, clearly, still follows him. We meet at Romano's, the Italian specialty restaurant at JW Marriott Sahar, which is usually shut for lunch. Today, it has opened just for Vij. That's not all. The chef has rolled out a special three-course menu: Beetroot roulade to start, followed by truffle

Getting people back to office was among toughest challenges: TCS' Lakkad
Getting people back to office was among toughest challenges: TCS' Lakkad

Business Standard

time13-07-2025

  • Business
  • Business Standard

Getting people back to office was among toughest challenges: TCS' Lakkad

Lakkad and Kunnumul talk about talent, technology, transition, and what lies ahead for TCS's 600,000+ workforce Shivani Shinde Mumbai Listen to This Article As Milind Lakkad prepares to hand over the reins to Sudeep Kunnumal after more than six years as chief human resources officer (CHRO) — and a 38-year career at Tata Consultancy Services (TCS) — he looks back on a tenure defined by the pandemic, the Great Resignation, sweeping organisational shifts, and the company's evolving focus on AI. In a joint conversation following TCS' first quarter earnings in 2025-26, Lakkad and Kunnumal speak with Shivani Shinde in Mumbai about talent, technology, transition, and what's next for the IT giant's 600,000-strong workforce. Edited excerpts: How do you look back on your 38

Hard for traditional BPM firms to invest big in AI: WNS CEO Keshav Murugesh
Hard for traditional BPM firms to invest big in AI: WNS CEO Keshav Murugesh

Business Standard

time11-07-2025

  • Business
  • Business Standard

Hard for traditional BPM firms to invest big in AI: WNS CEO Keshav Murugesh

Keshav Murugesh discusses WNS's merger with Capgemini and the roadmap for AI-led intelligent operations Shivani Shinde Avik Das Mumbai Listen to This Article Keshav Murugesh, chief executive officer (CEO), WNS, is a veteran in information-technology (IT) services and business process management (BPM). After being in charge of the company since 2010, he decided to merge the firm, spun off British Airways in 1996, with French IT services company Capgemini earlier this week. In a video interaction with Shivani Shinde and Avik Das, Murugesh talks about the future of BPM and the reasons for the deal. Edited excerpts: From a turnaround CEO to dealmaker, what made you say 'yes' to this deal? I have not done any acquisition. I turned around companies that were

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