IT news
TCS Q2 net profit crosses the Rs10,000-cr mark
13 Oct 2022
TCS's order book stood at $8.1 billion at the end of September 2022 on the back of continued strong demand for its services while a high employee attrition rate of 21.5 per cent remained a sore point
Adobe to acquire Figma in $20bn cash-and-stock deal
15 Sep 2022
Adobe expects the combination to accelerate the delivery of its Creative Cloud technologies on the web, making the creative process more productive and accessible to more people
TCS’ net profit rises 5% to Rs9,478 cr despite lower operating margin
11 Jul 2022
TCS continued hiring momentum during the quarter as well, taking employee strength above the 600,000 mark, even as attrition rate for a 12-month period rose to 19.7 per cent
Google agrees to pay for Wikipedia content
24 Jun 2022
While Google has become the first paying customer of Wikimedia Enterprise, Wikimedia Foundation said the new commercial arm will not change the existing arrangement for individual users
Broadcom to acquire VMware in $61bn cash-and-stock deal
27 May 2022
Following the closing of the transaction, the Broadcom Software Group will rebrand and operate as VMware, incorporating Broadcom's existing infrastructure and security software solutions as part of an expanded VMware portfolio
L&T Infotech, Mindtree merge to form a $17.7 bn tech company
09 May 2022
Larsen & Toubro Limited will hold 68.73 per cent of the merged LTI, even as the companies will continue to function independently for now
TCS Q4 net profit zooms to Rs9,926 cr, revenue at Rs50,591 cr
12 Apr 2022
TCS closed fiscal 2022 with annual revenue of Rs1,91,754 crore (more than $25 billion) for the first time - a growth of 16.8 per cent
Google to acquire cyber security leader Mandiant for $5.4 billion
09 Mar 2022
With the addition of Mandiant, a recognised leader in strategic security advisory and incident response services, Google Cloud will enhance its offerings to deliver an end-to-end security operations suite with even greater capabilities
Microsoft to invest Rs15,000 cr to set up data centre region in Hyderabad
09 Mar 2022
Microsoft data centre regions in India - across Pune, Mumbai, and Chennai – have contributed $9.5 billion revenue to the economy between 2016 and 2020 and created an estimated 1.5 million jobs, including 169,000 new skilled IT jobs, according to an IDC report
TCS announces Rs18,000-cr share buyback
07 Mar 2022
Cisco offered to take over Splunk for over $20 billion: report
07 Mar 2022
Cisco also entered into a strategic agreement with Rakuten Symphony, a convergence solutions provider for IT and telecom networks, to accelerate open RAN and Telco cloud market
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