IT
Infosys launches composable stack of AI agents, services, and models
IT services major Infosys on Monday launched the Infosys Topaz Fabric -- a composable stack of AI agents, services, and models designed to accelerate value from enterprise AI investments.
Mphasis Q2 net profit rises 10.8%, demand stable despite macro hurdles
Mphasis reported a steady demand landscape even in the face of economic challenges, with companies leaning towards optimizing operations and saving costs. Although an 'AI gold rush' is evident, financial reallocations are more common than increased expenditures.
Happiest Minds sees GenAI reaching double‑digit revenue share in three years
This makes it the first Indian IT firm to give a revenue forecast tied to the futuristic technology and the second in the $283 billion sector to report AI-related revenue after HCLTech.
Mphasis Q2 net profit rises 10.8% to Rs 469 crore; revenue rises to Rs 3,902 crore
The company had reported a net profit (attributable to equity owners of the company) of Rs 423.3 crore in the year-ago period, according to regulatory filings.
Happiest Minds logs 9% YoY rise in Q2FY26 net profit; revenue increases 10%
Per CEO Joseph Anantharaju, the BFSI segment faced a slight blip because of the Arttha deals, but the mid-tier IT firm expects that to get reversed in the second half.
Tech Mahindra partners with fintech Falcon to deliver digital solutions
The partnership combines Tech Mahindra’s AI Delivered Right strategy and global delivery network with Falcon’s payments and lending technology stack.
Cognizant profit falls on tax outgo, revises revenue guidance upwards
Despite a fall in profit, its revenue rose 7.4% to $5.42 billion, beating its own estimates of $5.27 - 5.35 billion. The June quarter revenue stood at $5.04 billion. Net profit at the company was $582 million a year ago.
Wipro inks pact with HanesBrands for IT transformation
Wipro will use its WINGS Operations AI platform, part of the Wipro Intelligence suite of AI-driven platforms and solutions, to simplify operations, strengthen regulatory compliance, and enhance the IT experience for HanesBrands' customers, suppliers, and employees, the company said in a regulatory filing.
Tech Mahindra, Crosscall partner to deliver AI-enabled solutions across North America
Tech Mahindra has partnered with European smartphone maker Crosscall to offer AI-powered enterprise solutions in North America. The collaboration will focus on device testing, certification, and developing AI/ML applications for B2B solutions in sectors like oil and gas and manufacturing. This partnership aims to integrate Crosscall's rugged devices with Tech Mahindra's digital solutions for enhanced safety and efficiency.
Cognizant, Rubrik team up to deliver business resilience-as-a-service
Cognizant and Rubrik have expanded their partnership to offer Business Resilience-as-a-Service (BRaaS). This global solution aims to help enterprises swiftly recover from cyber incidents and ransomware attacks, aligning recovery with critical business outcomes. The collaboration addresses the growing attack surface driven by AI adoption and rising cyber threats.