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GENAI REVENUE IMPACT
Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...- Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
- The great $100-billion tech shift: GCCs tighten grip on India’s talent marketIndia's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driv...
- Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...
- AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
- India tech jobs decline: AI, US immigration impact recruitmentIndia's technology job market faces its slowest period in over two years. Active tech job openings have dropped significantly. Global uncer...
- Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the g...
- An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
- IBM revenue growth slows on AI worries; shares fallIBM's first-quarter revenue growth slowed to 9%, raising concerns about AI's impact on its software business, particularly after a rival to...
- HCL Tech shares wipe out Rs 38,000 crore as target price falls to Rs 1,165. Why every second broker is busy downgradingHCL Technologies share price plummeted nearly 10%, wiping out Rs 38,000 crore in market cap following a brutal Q4 earnings report. The IT m...
- Our investors ignored, disrespected us: Udemy cofounder opens up about sale to CourseraAiring his frustration over the startup’s sale to rival Coursera, Gagan Biyani said in a social media post that 15 years of investor-led de...
- GenAI productivity gains threaten up to 15% IT revenues: Motilal OswalPer the report, pricing, client behaviour, and GenAI transition are impacting IT company margins. This could be the beginning of a painful ...
- GenAI could boost productivity in India’s retail industry by 35-37% in 5 yrs: EY India reportGenerative AI could enhance productivity in India’s retail sector by up to 37% within five years, according to EY India. The technology is ...
- India’s IT services: getting GenAI-ed?For the first time, top executives of TCS and Wipro, among others, have acknowledged that the correlation between workforce addition and re...
- 2025 outlook: GenAI, the evolution and expectations2024 was a landmark year for GenAI globally, marked not only by significant investments but also by its transformative impact. GenAI is res...
- IT slowdown not AI-induced, macroeconomic factors at play: Achyuta GhoshAuto-code generation, auto-test generation. So, these are all new services that are created. If you look at some of the recent phenomenon, ...
- 30% GenAI projects will be dropped after proof of concept by 2025 end: GartnerThe Gartner research indicates that GenAI requires a higher tolerance for indirect, future financial investment criteria compared to immedi...
- Accenture spots about 10% revenue upswing via GenAIIn an exclusive interview with ET, Senthil Ramani, global lead – data and AI at Accenture, said the company's clients across key sectors, i...
- Generative AI in healthcare: Seize the advantage or fall behind!The GenAI market is projected to surge to an astronomical $120 billion by 2030, with its most exciting impact anticipated in the healthcare...
- To AI or not no longer a question: IT majors already using GenAI for several tasksIndian IT firms are focusing on the integration of generative AI (GenAI) to expedite code generation, optimize labor-intensive tasks and fa...
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