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GREATER NOIDA, India & PRINCETON, N.J.--(BUSINESS WIRE)-- Coforge, an AI-native engineering services leader, today announced that Sunil Fernandes has been promoted to the position of Chief Operating Officer (COO). Fernandes will oversee global delivery in addition to key Coforge operations including admin, facilities and internal IT services. He is based in Princeton, NJ and will continue to report to Coforge CEO, Sudhir Singh. This press release features multimedia. View the full release here: ...Read More >
New Delhi, Apr 1 (PTI) IT services major Wipro on Wednesday announced the launch of a dedicated AI-Native Business and Platforms unit, triggering a top-level leadership shuffle. Wipro veteran Nagendra Bandaru, who was serving as the President and Managing Partner of Technology Services Global Business Lines (GBL), has been appointed as Chief Executive Officer of the newly formed AI unit, effective immediately. Bandaru, who has been with Wipro for nearly three decades, will continue to report t ...Read More >
New Delhi, Dec 17 (PTI) Biopharmaceutical firm Bristol Myers Squibb (BMS) and IT services company Accenture on Wednesday announced the opening of a new AI-powered content hub, Mosaic, in Mumbai. The generative AI-enabled facility is designed to accelerate BMS's global commercialisation strategy through enhanced digital capabilities, enabling the rapid creation of hyper-personalised, patient-centric content tailored for healthcare professionals, according to a joint statement. The launch of Mos ...Read More >
New Delhi, Dec 17 (PTI) Biopharmaceutical firm Bristol Myers Squibb (BMS) and IT services company Accenture on Wednesday announced the opening of a new AI-powered content hub, Mosaic, in Mumbai. The generative AI-enabled facility is designed to accelerate BMS's global commercialisation strategy through enhanced digital capabilities, enabling the rapid creation of hyper-personalised, patient-centric content tailored for healthcare professionals, according to a joint statement. The launch of Mos ...Read More >
Hyderabad: IIIT Hyderabad, India's premier research-led institute in information technology has collaborated with TalentSprint, Part of Accenture, a leading global education company powered by AI, to offer advanced programs for professionals seeking to lead in the era of Generative AI (GenAI). Here To Join Us On WhatsApp This enduring partnership of over 7 years brings together IIITH's pioneering expertise in AI research and TalentSprint's proven excellence in online program delivery to empowe ...Read More >
New Delhi: Following the announcements of layoffs by IT giants TCS and Accenture, the aviation industry has now faced a major setback. Germany's renowned airline group, Lufthansa, announced on Monday, 29 September 2025, that it will lay off 4,000 employees at the administrative level by 2030. This move, taken in the name of promoting digitalisation and automation, is worrying news for millions of employed people. Lufthansa has faced persistent cost pressures and labour disputes over the past fe ...Read More >
Mumbai (Maharashtra) [India], September 29 (ANI): The stock market opened flat in green on Monday after a sharp correction last week, as investor sentiment remained weak due to U.S. President Donald Trump's tariff policies on pharma and their impact on India. The benchmark Nifty 50 index opened at 24,728.55, gaining 73.85 points or 0.30 per cent, while the BSE Sensex started the day at 80,588.77 with an increase of 162.31 points or 0.20 per cent. Also Read | IND vs PAK, Asia Cup 2025 Final: BC ...Read More >
Mumbai (Maharashtra) [India], September 29 (ANI): The stock market opened flat in green on Monday after a sharp correction last week, as investor sentiment remained weak due to U.S. President Donald Trump's tariff policies on pharma and their impact on India. The benchmark Nifty 50 index opened at 24,728.55, gaining 73.85 points or 0.30 per cent, while the BSE Sensex started the day at 80,588.77 with an increase of 162.31 points or 0.20 per cent. Market experts noted that this week will see he ...Read More >
For the month, FII sold equities worth Rs 30,141.68 crore, while DII bought equities worth Rs 55,736.09 crore. The broader indices broke a three-week gaining streak and underperformed the main indices as markets remained under pressure throughout the week on worries over fresh tariffs on pharma, higher visa fees by the US, persistent trade concerns, and continued FII selling. For the week, Nifty50 plunged 672.35 points or 2.65 percent to finish at 24,654.70, while the BSE Sensex index declined ...Read More >
Mumbai: Global consulting giant Accenture has laid off more than 11,000 employees worldwide in the last quarter, according to reports. The move signals a major shift in the company's strategy as it faces slowing demand in traditional consulting services and rising interest in artificial intelligence (AI). Why Did Accenture Take This Step? CEO Julie Sweet explained that every new wave of technology brings a period where companies need to "train and retool.' However, instead of reskilling all em ...Read More >
New Delhi: Global IT consulting firm Accenture has laid off more than 11,000 employees over the past three months and has warned of further job cuts, citing the accelerating impact of artificial intelligence (AI) on its operations. The Dublin-based firm unveiled details of an $865 million (around Rs 7,669 crore) restructuring programme, warning analysts that if staff cannot be retrained fast enough, further reductions will be inevitable, as reported by India Today on Sunday. The company's lead ...Read More >
Amaravati, Sep 26 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday said the state will be developed as a knowledge hub and a destination for future technology to achieve the "one family-one entrepreneur" goal. Addressing the Assembly, Naidu said the NDA alliance government has provided employment to 4.71 lakh youth through a focus on skill development. In addition, appointment orders were handed over to 15,941 teachers. "Andhra Pradesh will be developed as a knowledge hub and ...Read More >
(RTTNews) - Indian shares traded lower on Friday, extending recent losses after the Trump administration said it would impose new tariffs on heavy trucks, drugs and kitchen cabinets. The benchmark BSE Sensex was down 310 points, or 0.4 percent, at 80,847 in early trade, while the broader NSE Nifty index dropped 94 points, or 0.4 percent, to 24,797. IT stocks such as Infosys, TCS, Wipro, Tech Mahindra and HCL Technologies were down 1-2 percent after Accenture issued cautious guidance for FY26 a ...Read More >
Bengaluru: Accenture CEO Julie Sweet said H-1B visas are not a major concern for the company, noting that just 5% of its US workforce is on such visas."This is really a non-issue because we only have about 5% of our people in the US on H-1B visas, and they're for really specialised experience and skills for our clients. Not something that's really a big impact on Accenture," she said during an earnings call on Thursday.A Kotak Institutional Equities report showed that Accenture steadily reduced ...Read More >
India's Global Capability Centers (GCCs) are evolving from cost-saving back offices to innovation hubs, driving global product development and digital solutions. With over 1,600 GCCs currently, projected to generate $121 billion in revenue by 2030, India is becoming a strategic innovation powerhouse. For decades, India has been perceived globally as the world's back office, a reliable destination for IT services, business process outsourcing, and support functions. But in recent years, this nar ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >
Bengaluru -KOGO AI, a leader in Private Agentic AI infrastructure, has won the Accenture Ventures Tech Next Challenge 2025, held at the Accenture Innovation Hub in Bengaluru on August 7. The event, themed "Autonomous AI: The Future is Now," spotlighted groundbreaking autonomous AI solutions. From over 700 global applications, 300 startups advanced to the shortlist, and 15 made it to the finals. Participants were evaluated on solution maturity, originality, market impact, team strength, business ...Read More >
Mumbai: Aimed at reducing high school dropout rates, raising the gross enrollment ratio in higher education to 50% and to enable students to secure fulfilling careers, 'Vidyadhan' scholarship program has announced to offer one lakh scholarships to economically disadvantaged students across the country. Launched in Kerala in 1999, Vidyadhan is an initiative by the Shibulal Family Philanthropic Initiatives (SFPI) and is currently active in 22 states and union territories of the country. In the ne ...Read More >
New Delhi, Jul 9 (PTI) Policy interventions can enable unlocking of USD 3.5 billion lithium ion recycling and production ecosystem in the country by 2030, a report by industry body India Cellular and Electronics Association (ICEA) and Accenture said on Wednesday. The report estimates that without any policy intervention and measures to facilitate investments, the present lithium battery (LiB) recycling expansion plans have the potential to generate revenue in the range of USD 500-1,000 million ...Read More >
New Delhi, Jul 9 (PTI) Policy interventions can enable unlocking of USD 3.5 billion lithium ion recycling and production ecosystem in the country by 2030, a report by industry body India Cellular and Electronics Association (ICEA) and Accenture said on Wednesday. The report estimates that without any policy intervention and measures to facilitate investments, the present lithium battery (LiB) recycling expansion plans have the potential to generate revenue in the range of USD 500-1,000 million ...Read More >
Bengaluru: A month after former Tata Consultancy Services (TCS) chief operating officer Natarajan Ganapathy Subramaniam retired in May 2024, chief executive K Krithivasan said the company would not hire a new COO for the time being. He added that TCS leaders were distributing Subramaniam's work among themselves and that no single individual could replace him. Less than a year later, the country's largest information technology (IT) outsourcer changed its tune. Not only did is hire a new COO, it ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth ...Read More >
Bengaluru: India's French connection is growing stronger. French IT services firm Capgemini, which has more than half of its 3.4 lakh employees in India, is acquiring one of the country's business process management (BPM) pioneers, WNS, for $3.3 billion. The move is seen as an attempt to bring strong technology expertise, especially AI, into BPM services to be able to offer enterprises much more comprehensive solutions.This acquisition comes a decade after Capgemini acquired Igate, another India ...Read More >
NewsVoir Bengaluru (Karnataka) [India], July 7: Upekkha, the India-US accelerator that has backed over 100 SaaS and AI startups, has announced VIBE 2025 (Vertical Intelligence & BEyond), the world's first summit dedicated exclusively to vertical AI. Scheduled for 10-11 July 2025 at The Leela Palace, Bengaluru, and co-hosted with SaaSBoomi, this two-day flagship event will showcase how AI can move from concept to real-world deployment within just 48 hours. "Walk in with a problem statement, wal ...Read More >
Jamshedpur : XLRI - Xavier School of Management, Jamshedpur, signed a Memorandum of Understanding (MoU) with Accenture to forge a long-term partnership aimed at fostering deeper collaboration between academia and industry. This milestone agreement was signed during Accenture's visit to the XLRI campus and marks a new chapter in the enduring relationship between the two institutions. The MoU was signed in the presence of senior leadership from both sides, including- Fr. S George, Director, XLRI, ...Read More >
Mumbai, May 21: Torrent Pharmaceuticals on Wednesday reported a 0.99 per cent quarter-on-quarter (QoQ) decline in its net profit for the fourth quarter (Q4) of FY25, with earnings dropping to Rs 498 crore from Rs 503 crore in the previous quarter (Q3 FY25). The homegrown pharma company's total expenses climbed to Rs 2,252 crore, an increase of nearly 4.70 per cent on sequential basis and 4.99 per cent year-on-year (YoY). The rise was driven by higher costs across key segments. The cost of mater ...Read More >
Hours after Atul Subash's wife Nikita Singhania, her mother Nisha and brother Anurag were arrested for allegedly abetting the suicide, the Bengaluru techie's father, Pawan Kumar Modi has questioned where Atul's four-year-old son is and said the family was worried about him. Modi thanked the police for arresting the woman and her family members. However, he said, "We don't know where she has kept our grandson. Has he been killed or is he alive? We don't know anything about him. I want my grandso ...Read More >
A day after a 34-year-old techie from Uttar Pradesh died by suicide after blaming his wife and her family, the police on Tuesday said they have been booked for abetment of suicide. Atul Subhash, who worked for a private firm in Bengaluru, left behind a 24-page death note, giving extensive details of what he alleged was years long of emotional distress of marital issues; multiple cases filed against him and harassment by his wife, her relatives, and a judge based in Uttar Pradesh, police said. ...Read More >
IIM Mumbai Placement 2025: The drive witnessed a remarkable 15% increase in average stipends. The Indian Institute of Management Mumbai (IIM Mumbai) has set new records with its placement season for the 2025 batch, showcasing its excellence in management education. The highest package is Rs 54 lakh per annum, offered by Microsoft, while Coca-Cola set a benchmark in internships with a record Rs 5 lakh stipend. Over 78 leading companies, including Accenture, Amazon, and Coca-Cola, extended a tot ...Read More >
Bengaluru: 'If I win from the system, devote my mortal remains in Ganga otherwise in a gutter outside the court', this was one of the 12 wishes Bengaluru Techie Atul Subhash had penned in his 24-page suicide note, wherein he had accused his wige Nikita Singhania, her family members and a judge Rita Kaushik of "explicit instigation for suicide, harassment, extortion and corruption." Atul was found dead in his Marathahalli apartment early on Monday. In his 24-page suicide note and 80-minute accom ...Read More >
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