TCS chief executive says tech spending will sustain; Infosys extends CEO Parekh's tenure; MFine sacks 500 staff

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Technology investments by the world's biggest companies will continue to grow despite the ongoing global uncertainties, Rajesh Gopinathan, chief executive of Tata Consultancy Services, one of the world's biggest IT services companies, writes in the company's latest annual report. At rival Infosys, CEO Salil Parekh's role has been extended for another five years. And one more well-known startup has laid off hundreds of staff, according to Inc42 and ET