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AI DISRUPTION IN IT SERVICES
US stocks today: US markets rebound from lows, but inflation, Iran war worries persistUS stocks rebounded from a three-day selloff, with the S&P 500, Nasdaq and Dow ending higher. However, persistent inflation concerns, a glo...- India's Hexaware CEO Srikrishna quits, EXL veteran named successorHexaware announced Vivek Jetley will become its new CEO on October 28. He joins after a twenty-year career at Nasdaq-listed EXL. Srikrishna...
- Hexaware CEO Srikrishna quits, EXL veteran named successorThe company said Srikrishna Ramakarthikeyan had resigned as CEO to pursue personal interests and will be relieved of his duties next mont...
- Happiest Minds-ITC Infotech merger driven by AI revenue pressure: ExpertsSeveral analysts said the deal price signalled stagnant revenue growth as a key reason for the union, which provides a backdoor listing for...
- Geopolitical shocks are forcing companies to rethink procurement intelligence: Claight CEOGeopolitical tensions, tariff uncertainty and repeated supply-chain disruptions are pushing global companies to move from periodic procurem...
- ChatGPT down? OpenAI confirms outage as users report network errors, high latencyChatGPT is reportedly facing issues today. Users have reported widespread problems on Monday, August 31, with OpenAI confirming elevated er...
- Financial institutions confront a new operating reality as markets become more continuousThe evolution of financial markets is shifting towards a digital and continuous landscape, compelling institutions to recalibrate their str...
- Indian IT companies may see growth recovery from FY27 as AI spending shifts to enterprise adoptionIndian IT firms anticipate robust growth starting FY27. Global technology spending will shift towards AI deployment and integration. This t...
- CXOs sharpen AI edge to stay in controlSenior execs are increasingly enrolling in artificial intelligence programs. Demand from experienced professionals is outpacing that from f...
- Big Tech can’t disrupt IT: Tech Mahindra CEO Mohit JoshiChief executive Mohit Joshi said that he isn’t concerned about Big Tech firms like Google or AI labs like Anthropic or OpenAI getting into ...
- HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?Indian IT stocks surged sharply, led by gains in largecap names, after Nvidia’s strong results and upbeat revenue outlook revived optimism ...
- Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
- Global economy in tug-of-war between oil shock and AI boom: IMF chiefThe global economy is weathering an oil shock better than feared. An investment boom in artificial intelligence is now a growth engine. Dra...
- In the AI era, your job will be measured by outcomes, not hours worked: Automation Anywhere’s Ankur KothariAs new operating models, backed by automation, begin to take shape in enterprises and businesses, the workforce should prepare itself for a...
- IT needs forward deployed leadership on the front lines to navigate AI resetAs AI now rewrites the IT business algorithm beyond recognition, Indian technology pureplays have responded with a talent reshuffle that's ...
- ET World Leaders Forum: Software prowess puts India in a pole position for AI, says Nigel Vaz, CEO, Publicis SapientIndia’s near-term AI advantage lies in using AI to transform businesses rather than competing immediately with the US and China on computin...
- Midcap IT likely to see better H2, AI-led deflation weighs on FY27 growth: Anand RathiIndia's midcap IT services sector could see improved deal conversion and operating leverage in the second half of FY27, but revenue growth ...
- Claude down today: Users report issues as Downdetector shows big spike. Here's latest updateClaude AI users reported widespread service issues on Sunday night, with Downdetector showing a sharp rise in complaints involving Claude C...
- AI is creating more jobs than it destroys in India, but freshers face the squeezeAI is creating more jobs than it destroys in India currently. However, entry-level hiring is declining significantly for young workers. Com...
- AI volumes may outweigh revenue deflation for IT sector by FY30: ReportCLSA said the industry is facing "multiple macro/micro headwinds", but expects AI to eventually create new growth opportunities. It said AI...
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