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TECHNOLOGY SERVICES SECTOR
Citi hires Bank of America's Rohan Sen to lead technology services bankingCiti has hired Rohan Sen from Bank of America to lead technology services coverage. This move strengthens Citi's technology banking ranks a...- Bharat Electronics Limited, Esri India sign MoU to develop GIS, GeoAI solutions for India's defence sectorBharat Electronics Limited and Esri India have signed a Memorandum of Understanding. This collaboration focuses on defence projects involvi...
- DoT seeks TRAI review of net neutrality framework amid 5G shiftIndia's Telecom Department has asked TRAI to review net neutrality rules. This review considers emerging technologies like 5G network slici...
- Military-civil integration key to robust defence ecosystem to tackle emerging challenges: Rajnath SinghDefence Minister Rajnath Singh emphasized integrating military and civil ministry components. He highlighted the need for synergy to addres...
- Google shaves $50 million off HCLTech deal; 1,000 staffers to be redeployedThis is part of the $200 million annual project that HCLTech managed for Google as part of the application development and engineering work...
- 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 ...
- Goldman Sachs sees a bigger space opportunity beyond launch providersSpace stocks could offer significant long-term growth opportunities as the industry expands beyond rocket launches into satellites, orbital...
- AI application experts in high demand as companies pursue efficiency, customer focusIndian companies now prioritize engineers applying AI to solve customer issues. Demand for agentic and forward-deployed AI engineers has si...
- IBM, Sarvam partner to build sovereign AI solutions for Indian government, regulated sectorsUnder the partnership, IBM Sovereign Core will provide the underlying software and middleware needed to deploy and govern AI systems, while...
- Global Market: Nikkei ends sharply higher as global AI momentum boosts marketsJapan’s Nikkei index surged 4% to 64,362.02 on Friday, boosted by global AI optimism following strong Microsoft earnings. Advantest jumped ...
- FIIs cut stakes in 72% of Nifty50 stocks, DIIs buy 82%. Here’s where the money movedIndia’s largest stocks are witnessing a major ownership shift as domestic institutions fill the gap left by foreign investors. FIIs cut sta...
- Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, glo...
- Technology sector funds dominate July returns; 9 mutual funds deliver over 10% gains. Should investors ride the rally?Technology sector mutual funds achieved substantial gains during July. HDFC Technology Fund led with a remarkable 16.91% return for investo...
- Global Market: China, Hong Kong stocks slip as AI selloff hits chip shares; defensive sectors gainChina's equity markets tumbled on Thursday as a global selloff in AI-linked stocks triggered steep declines in semiconductor and optical tr...
- Xtranet Technologies shares list at 7% premium over IPO price on NSEXtranet Technologies debuted at up to a 7% premium over its IPO price on Thursday, falling short of grey market expectations of an 11% gain...
- Top six IT firms add 5,400 employees in Q1, led by TCSThe number was skewed by India’s largest firm, Tata Consultancy Services, which made its biggest quarterly addition in three years, hiring ...
- Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?Indian IT stocks saw a remarkable July rally, adding significant market value and reversing investor pessimism. This surge was largely driv...
- Sopra Steria raises growth target on strong European AI, cybersecurity demandThe French IT firm Sopra Steria has announced a rise in its full-year revenue growth projections, underscoring strong financial backing for...
- FIIs cut stakes in 7 Nifty IT stocks. Then the index surged 16% in JulyForeign investors reduced stakes in most Nifty IT stocks during the June quarter. Oracle Financial Services Software saw the largest foreig...
- 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...
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