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HCLTech Q1 2026 Results: AI Growth & Fresher Hiring Outlook
HCLTech posted a 20% jump in net profit for Q1 2026. Here is what their Rs 4,624 crore profit and AI revenue growth means for Indian IT fresher hiring.
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Sarvam AI valuation hits $1.5 billion in Series B round
Bengaluru-based Indian AI startup Sarvam AI has raised $234 million in its Series B round led by IT giant HCLTech. This massive deal officially pushes the Sarvam AI valuation to $1.5 billion, making it India's newest AI unicorn.