AI may hurt IT today, but it could create the sector's next growth engine: Baroda BNP Paribas MFAI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund ...
02 Aug, 2026, 04.02 PM IST
Swiggy trims losses in Q1; IT's comeback rallySwiggy delivered improved Q1 earnings with a narrower loss and higher revenue. This and more in today's ETtech Top 5.
30 Jul, 2026, 08.37 PM IST
Cognizant logs marginal dip in Q2 net, revenue rises 4.5%The Nasdaq-listed company revised its full year revenue forecast to $22.04-22.35 billion, implying 4.4-5.9% growth (4.0-5.5% in constant cu...
30 Jul, 2026, 06.00 AM IST
Government says eligibility of generative AI services for safe harbour depends on nature of serviceGovernment stated AI intermediary status depends on service nature and functions. The IT Act applies to computer resources and intermediari...
29 Jul, 2026, 04.36 PM IST
Top 5 IT services companies see 3.3% staff productivity boost in Q1, as TCS, Infosys, HCLTech and Tech Mahindra log gainsIndia's leading IT firms witnessed a substantial rise in employee productivity over the past year, despite a decline in overall staff numbe...
29 Jul, 2026, 11.08 AM IST
Happiest Minds reports 18% rise in Q1 net profitThe company’s product and digital engineering services segment led the overall growth, gaining 75.4% sequentially, while the infrastructure...
29 Jul, 2026, 06.01 AM IST
Indian IT stocks buck global tech slump, climb on earnings beat and AI optimismIndian information technology stocks rallied Tuesday after global AI pressure eased. Coforge reported significant revenue and profit increa...
29 Jul, 2026, 05.43 AM IST
Two Trades for Today: A leading airline for a 4.35% rise, a mid-cap IT services stock for an almost 7% upmoveOur technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
28 Jul, 2026, 07.53 PM IST
AI blows up IT playbook: Lines between AI labs and IT services firms start to blurThe enterprise services business they have dominated for decades is beginning to see a new breed of rival. OpenAI and Anthropic are no long...
28 Jul, 2026, 06.00 AM IST
Private equity investors shift tech bets from IT services to AI startupsBankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business ...
27 Jul, 2026, 09.59 AM IST
IT price wars squeeze Infosys out of three multi-million dollar accountsInfosys said last week that loss of a large European client weighed on its first-quarter revenue growth. The Bengaluru-based company, India...
27 Jul, 2026, 06.00 AM IST
Mphasis reports 11% rise in Q1 net profit, revenue beats estimatesThe Bengaluru-headquartered company’s revenue for the three months ended June 30 rose 17.5% year-on-year and 3.3% quarter-on-quarter to Rs ...
25 Jul, 2026, 06.01 AM IST
Coforge secures over $230 million AI transformation contractCoforge announced a significant five-year contract valued over $230 million. This AI-led transformation engagement is with a major European...
24 Jul, 2026, 05.23 PM IST
HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hubHCLTech will invest $1.48 billion to set up its first AI data centre in Odisha with Sarvam AI, as Indian IT firms expand into AI infrastruc...
24 Jul, 2026, 04.37 PM IST
Infosys headcount falls by 532 employees in June quarterThe Bengaluru-headquartered company said it hired over 4,000 college graduates in the just-concluded quarter. Overall, it plans to recruit ...
23 Jul, 2026, 11.06 PM IST
Inside Infosys' CEO pick: How Ashiss Kumar Dash rose from engineer to the corner officeAshiss Kumar Dash will become Infosys CEO designate on April 1, 2027. He succeeds Salil Parekh after his term is complete. Dash built his c...
23 Jul, 2026, 08.34 PM IST
IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
22 Jul, 2026, 08.27 AM IST