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AI CANNIBALISING REVENUES
RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.27 Apr, 2026, 08.41 AM IST- Indian IT faces AI reset as top 5 firms post mixed FY26Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing reve...26 Apr, 2026, 05.21 PM IST
- India's top five IT firms cut nearly 7,000 jobs in FY26India's top IT firms saw a hiring pullback in FY26, with the five major players reducing staff by nearly 7,000. This shift from expansion t...25 Apr, 2026, 01.23 PM IST
- IT majors see strong deal pipeline but revenue momentum cools in Q4Indian IT firms are seeing steady new deals and operating margins. However, revenue growth is slowing down quarter-on-quarter because proje...24 Apr, 2026, 05.55 AM IST
- Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...18 Apr, 2026, 09.04 AM IST
- India's FDI plan for ecommerce; Tata charges up iPhone bizIndia is planning to allow FDI in inventory-based ecommerce exclusively for exports. This and more in today's ETtech Top 5.15 Apr, 2026, 07.58 PM IST
- TCS urging staff to use AI despite risk to revenue, CEO saysTata Consultancy Services is urging employees to use artificial intelligence tools to deliver work faster and cheaper, even if it eats into...25 Feb, 2026, 01.48 PM IST
- Data centre biz has room for multiple biggies: TCS CEO K KrithivasanTata Consultancy Services is in talks with multiple AI firms to set up data centres in India and is pursuing acquisitions to build AI capab...14 Jan, 2026, 09.41 AM IST
- HCLTech is counting on new growth areas like AI-led software, hardware: CEO C VijayakumarAs the $283-billion IT service industry navigates a shift in its delivery mechanisms and revenue streams, HCLTech is focusing on new areas ...14 Jan, 2026, 09.39 AM IST
- AI to broaden investment opportunities in 2026, smaller firms to benefit: ReportThe report noted that although several productivity-enhancing opportunities through AI have been identified, execution challenges have limi...02 Jan, 2026, 01.05 PM IST
- AI surge forcing IT to reinvent to stay relevant: WNS CEOKeshav Murugesh, chief executive at business process management firm WNS said the leadership alignment and strategic planning between the t...19 Sep, 2025, 08.44 AM IST
- AI helps Big Tech score big numbersEach company in the big technology pack—including Alphabet, Meta, Microsoft, and Amazon—surpassed market expectations with stellar performa...05 Aug, 2025, 06.00 AM IST
- IT grappling with cost pressures as pricing shifts from effort to outcomesWith generative AI and Agentic AI boosting productivity by 20-40%, leading to swifter outcomes at lower costs, clients are asking why they ...04 Aug, 2025, 09.48 AM IST
- Alphabet jumps as AI-driven spending fuels cloud revenue surgeThe tech giant has raised its 2025 capital spending forecast by $10 billion to $85 billion and signaled even higher outlay next year, stepp...24 Jul, 2025, 02.20 PM IST
- IT firms pass on AI-led gains as clients seek cost savingsWill artificial intelligence combined with the challenges brought about by the tariff war upend the dyed-in-the-wool business model of the ...22 Apr, 2025, 06.00 AM IST
- Reliance eyes Flipkart veteran; Small towns seek wealthFlipkart's former chief product and technology officer is set to join Reliance Retail Ventures as CEO. This and more in today’s15 Apr, 2025, 07.09 AM IST
- Nasscom pegs BPM income at $55 bn by 2025NASSCOM also projected that digital streams would account for 60-70 per cent of the BPM service providers' revenue by 2025.13 Oct, 2017, 10.23 AM IST
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