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AI DEALS IN IT SERVICES
Schneider Electric to buy US software firm PTC for $22.6 billionFrench energy and software group Schneider Electric said Monday that it would buy PTC, a US-based maker of software for industrial clients,...- AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: ReportIndia's IT services sector is likely to see muted performance in the second quarter of FY27, but increasing traction in artificial intellig...
- Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing powerAs Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushin...
- TCS, Infosys and other IT stocks in focus after Accenture Q4 revenue, outlook beat estimatesIndian IT stocks including TCS and Infosys are in focus following Accenture's strong Q4 results and above-estimate revenue guidance. While ...
- IT Q2 preview: Muted growth, steady margins likely; deal conversion, AI deflation in focusResearch advisory UnearthInsight expects the top-five IT companies to grow 0.5-1% quarter-on-quarter in the second quarter of FY27, with li...
- IT Q2 review: Muted growth, steady margins likely; deal conversion, AI deflation in focusIndia's leading IT firms are projected to exhibit modest revenue growth and stable margins for the second quarter. Analysts anticipate that...
- IT sector faces another muted quarter as pricing pressure, geopolitics weigh on growth: ReportIndia's IT sector is expected to see limited growth in Q2FY27 due to various pressures and headwinds. Predictions indicate large-cap firms ...
- AI breaks India’s linear growth model, but campus hiring remains weak: Nasscom’s Rajesh NambiarNambiar said large IT and BPM companies have cut back on campus hiring over the last three years, which is not expected to change while the...
- DigiLocker seeks private partners, Slurrp Farm's fundraise plansDigiLocker is set to bring more institutions onto its platform with the help of private AI integrators. This and more in today’s ETtech Top...
- Indian robotics, Agri and medtech startup showcase capacities at Moscow Startup SummitThe two-day event concluded Wednesday at SberCity, backed by Russia’s biggest bank Sberbank. The event was organised by the government of M...
- IT firms reboot fresher hiring, but experienced pros hold upper handFresher hiring, which fell to a record low of around 110,000 in FY26, will reach 115,000 to 135,000 this fiscal year, according to recruitm...
- TCS to take over Best Buy's India GCC under multiyear dealTata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the fina...
- Synopsys shares jump on robust growth outlook, OpenAI and AWS dealsSynopsys shares jumped 10% on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit above analysts' estimat...
- IT companies forecast to post muted second quarterSector leader Tata Consultancy Services and its nearest rival, Infosys, are projected to report weak numbers for the three months ending Se...
- AI pressure, client caution cloud Indian IT earnings in September quarterIndia's top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-indu...
- What's in Trump's AI deal and who has reacted?US President Donald Trump has signed a deal with tech leaders outlining a regime of self-regulation for the AI industry. While Trump called...
- Dodging SaaSocalypse: AI’s enterprise moment could belong to IT servicesITC Infotech's merger with Happiest Minds highlights the trend of mid-market consolidation in response to AI advancements. The global IT ma...
- Ecommerce's festive push; Vertex's AI betsHappy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This and more in today’s ETtech Morning...
- OpenAI apologies for Australian government website hack, pledges to rebuild trust(Updates throughout with more details of blog post)- OpenAI apologised for the hacking of an Australian government website by a rogue AI ag...
- Deliveries over deployment: IT firms must reassess AI integration as pricing pressures rise, says BCGBCG analysed more than 40 technology services providers and over 100 brand positioning claims across their websites, earnings calls and inv...
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