New Delhi, India – India’s IT sector has achieved historic growth, with exports surging 12.5% YoY to $224.4 billion in FY 2024-25, up from $199.5 billion in FY24. This remarkable rebound underscores strong global demand for Indian tech services, powered by AI, cloud computing, and cybersecurity solutions.India’s information technology (IT) sector has scaled a historic peak, with exports touching […]
Mumbai, India – In a mixed move for employees, Tata Consultancy Services (TCS) has announced salary increases for 80% of its workforce, primarily benefiting junior and mid-level professionals, even as the company prepares for a restructuring that could lead to 12,000 layoffs. The decision reflects TCS’s strategy to retain key talent while optimizing operations in a challenging global IT market.Tata Consultancy Services (TCS),
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Hubballi, Karnataka – In a major boost for India’s tech ecosystem, Infosys has inaugurated a state-of-the-art innovation center in Hubballi, dedicated to artificial intelligence (AI), cybersecurity, and space technology. The facility underscores Infosys’ commitment to decentralizing high-tech growth beyond metro cities while fostering local talent and industry-academia collaboration.Infosys, India’s second-largest IT services company, has taken another decisive step in decentralizing its innovation footprint by
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Brussels, Europe – Europe is rapidly solidifying its position as the global epicenter of climate-tech innovation, with new data revealing the region now hosts twice as many climate-focused startups as the U.S. Hotspots like Munich, Oxford, and Paris are driving this green revolution, fueled by strong government support, academic research, and venture capital flowing into sustainability solutions.Europe is solidifying its position
Seoul, South Korea – In a bold move to cement its position as a global tech powerhouse, South Korea’s Ministry of Science and ICT has unveiled an ambitious plan to attract and retain top-tier talent in AI, semiconductors, and defense technologies. The initiative, set to take effect in January 2025, aims to recruit 150 elite professionals while offering competitive salaries, research
