Why these 3 IT stocks will remain in focus

Mphasis has announced a strategic partnership with Sixfold, the US and UK-based AI underwriting company redefining how insurers assess risk. As an implementation partner, Mphasis will integrate Sixfold’s AI platform to help insurers accelerate their underwriting process — speeding up submission intake and equipping underwriters with the contextual risk insights they need to make faster, more confident decisions.

Tata Consultancy Services has partnered with the Council of Europe Development Bank (CEB), to modernise its operations and drive greater efficiency. As part of this collaboration, TCS will deploy TCS BaNCSTM for Reconciliations to help the bank streamline complex transactions and automate key reconciliation processes using artificial intelligence and automation.

HCL Technologies has announced a strategic partnership with E.ON, one of Europe’s largest energy companies, with a distribution network of 1.6 million km and around 47 million customers. This makes HCLTech a key partner for the continuous cloud journey of E.ON. Under the new multi-year agreement, HCLTech will establish a new private cloud and provide cloud and network management across the hyperscalers of E.ON globally.

Published on June 17, 2025