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LTIMindtree Q3 Profit Falls 12% to ₹960 Crore on Labour Code One-Off

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LTIMindtree has reported a 12% year-on-year (YoY) decline in consolidated net profit for the third quarter of FY26, primarily due to a one-time charge related to the implementation of India’s new labour codes. Net profit for the quarter stood at ₹959.6 crore, compared with ₹1,086.7 crore in the same period last year.On a quarter-on-quarter basis, […]

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Employee Union Flags Fresher Onboarding Delays at Wipro, Seeks Labour Ministry Intervention

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The Nascent Information Technology Employees Senate (NITES) has approached the labour and employment ministry, alleging prolonged onboarding delays and misleading recruitment practices by Wipro Limited that have left hundreds of selected graduates in prolonged uncertainty and financial distress.In a representation dated January 19, addressed to union labour and employment minister Mansukh Mandaviya, NITES said the

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Infosys to Deploy Cognition’s AI Software Engineer Devin for Enterprises

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Infosys has announced a collaboration with US-based Cognition to deploy Devin, described as the world’s first AI software engineer, across Infosys’ internal engineering operations and client engagements globally. The partnership will combine Cognition’s agentic AI capabilities with Infosys Topaz Fabric, the company’s multi-layer agentic AI services suite that integrates infrastructure, models, data, applications, and workflows

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Coforge to Acquire Encora in $2.35 Bn All-Stock Mega Deal to Strengthen AI Engineering

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Coforge has announced a definitive agreement to acquire Encora in an all-stock transaction valued at $2.35 billion, describing the acquisition as a “defining moment” for the company as it builds capabilities in AI-led engineering, data and cloud services. On a conference call with analysts, Coforge chief executive officer Sudhir Singh said the transaction would establish

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Infosys To Offer ₹21 lakh CTC For Freshers With Specialised Skills

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Infosys has raised entry-level salaries and is offering compensation packages of up to ₹21 lakh per annum for fresh graduates hired into specialised technology roles, making it the highest starting pay currently offered in India’s IT services sector. The move was confirmed by Infosys Chief Human Resources Officer Shaji Mathew in a statement to The

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Coforge Launches EvolveOps.AI, an Agentic AI-Powered IT Operations Platform

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Coforge has launched EvolveOps.AI, an agentic AI-powered IT operations management platform to help enterprises prepare for an AI-first era and improve business resiliency from the edge to the cloud. The platform is built to deliver end-to-end autonomous operations across the lifecycle of enterprise systems running on hybrid cloud environments, the company said in a release.

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