The Indian IT industry, valued at USD 254 billion, is navigating through a turbulent period, with companies adapting to changing market dynamics and focusing on strategies to sustain growth amidst uncertainty
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Pallia replaced Thierry Delaporte as Wipro’s new CEO two weeks back
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The operating margin for IT services saw a positive growth of 40 basis points quarter over quarter, reaching 16.4 per cent
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The acquisition, valued at Rs 4.5 crore, entails Happiest Minds obtaining 100 per cent equity interest in Macmillan Learning India, a wholly owned subsidiary of the globally renowned Macmillan group, USA
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This strategic decision to establish India as a separate region within Intel's SMG shows the country's burgeoning growth and expansive business prospects
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There were five high-value deals, each exceeding USD 50 million, accounted for a substantial portion of the total deal activity, highlighting the industry's resilience and attractiveness to investors
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The Israel-Iran conflict is creating global tension, including the cryptocurrency market. Reports indicate that Israel conducted a military operation on Iranian territory last Friday in response to Iran's recent drone strike on Israel
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The appointment underlines the company's strategic focus on navigating India's regulatory landscape and tapping into its vast potential as a key market for AI technologies
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