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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...- TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-re...
- At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
- Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
- Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s whyMorgan Stanley believes Reliance Industries has entered its fifth monetisation cycle, with artificial intelligence infrastructure and new e...
- AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
- Amazon greenlights AI-generated shows for childrenAmazon MGM Studios announced Wednesday it has greenlit the first three children's shows that were created under a new initiative to use art...
- 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...
- Infosys, TCS and other IT stocks slide for third straight session as AI worries mountIndian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted clie...
- US stocks today: Reddit rallies as AI‑driven ad growth fuels strong revenue outlookReddit shares jumped over 12% on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media compan...
- Reddit rallies as AI‑driven ad growth fuels strong revenue outlookThe strong results signal that the company's strategy is paying off as Reddit takes on bigger ad rivals such as Meta's Instagram and Face...
- Rewiring payments for the AI era: Inside PayU’s transformation playPayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions sca...
- ET AI Hackathon 2.0 sets the stage for India’s next generation of AI buildersET AI Hackathon 2.0, an initiative by The Economic Times is now open for registrations, inviting students, developers and product thinkers ...
- 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...
- Public sector banks told to take quantum leap in encryption for added securityIndian banks are preparing for a quantum computing future. The finance ministry has asked public sector banks to explore quantum-resistant ...
- IT spending to rise by 11.2% in 2025; higher impact on jobsThe IT spending shrunk by 0.5% to $112.56 billion in 2023 while it grew 10.7% to $124.61 billion in 2024. The software spending is estimate...
- 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...
- How GenAI is becoming key part of large, mega IT dealsIT service providers are integrating Generative AI into large deals, indicating its advancement from PoC stage. Traditional IT budgets are ...
- Global spending on GenAI software, solutions to reach $143 billion in 2027The forecast from International Data Corporation (IDC) shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions i...
- 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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