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Wipro bets on AI as clients stay cautious on discretionary spending, targets margin recovery

Wipro remains focused on building AI-led platforms and solutions while pursuing large transformation deals, said Chief Executive Officer and Managing Director Srini Pallia. Although clients continue to remain cautious on discretionary spending, he said Wipro’s deal pipeline remains healthy, with demand largely driven by cost optimization and vendor consolidation as enterprises redirect savings towards AI … Read more

Coforge expects stronger margins, cash flow and growth momentum with AI push

Noida-based IT service company Coforge expects AI-driven interventions to play a major role in expanding profitability over the next few years. Coforge CEO Sudhir Singh said the company’s FY27 EBITDA (earnings before interest, tax, depreciation, and amortization) margin guidance of 20.5% to 21% could be surpassed, supported by automation, tighter control on operating costs and … Read more

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