Wipro wins multi-million dollar deal from Standard Chartered

Wipro wins multi-million dollar deal from Standard Chartered

Wipro Ltd has secured a major information technology (IT) outsourcing contract from London-based Standard Chartered Plc., according to two people familiar with the matter. This is the second contract win under new chief executive officer (CEO) Srinivas Pallia. Wipro Ltd has secured a major information technology (IT) outsourcing contract from London-based Standard Chartered Plc., according …

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GenAI: What Accenture got right, but Indian IT didn’t

GenAI: What Accenture got right, but Indian IT didn’t

Bengaluru: Accenture Plc. secured projects worth $450 million in generative artificial intelligence (GenAI) in the three months ended November, marking a 50% jump from the $300 million clocked in the previous six months. Bengaluru: Accenture Plc. secured projects worth $450 million in generative artificial intelligence (GenAI) in the three months ended November, marking a 50% …

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IT services firms’ Q1 performance to be affected by decreased demand

IT services firms’ Q1 performance to be affected by decreased demand

Industry analysts and brokerages have projected that most companies will experience either flat or declining revenues in the first quarter of FY24. According to ICICI Securities, Tata Consultancy Services (TCS), the leading IT services company in the country, is expected to see a 0.2% increase in dollar revenue in constant currency on a sequential basis. …

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