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GENAI STRENGTH
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...- TCS shares soar 7%, up nearly 9% in just two sessions! What are technical charts indicating?TCS shares jumped as much as 7% on Tuesday, extending their two-day gain to nearly 9% as investors snapped up the stock after months of und...
- 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...
- 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...
- Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attra...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- ET GenAI Hackathon Phase 2: Results out after hands-on build sprintThe ET GenAI Hackathon drew over 54,000 participants from across India, with a strong focus on building practical AI solutions. Following t...
- IT not so positive? Bench strength of companies shrinking fastUnlike cricket, India’s IT services industry is groaning under a weakening bench strength. The bench strength for IT services, long seen as...
- MakeMyTrip launches multilingual GenAI Trip Planning Assistant, making travel booking conversational and inclusiveMakeMyTrip has introduced a GenAI-powered Trip Planning Assistant named Myra, designed to revolutionize travel booking. Myra offers convers...
- GenAI startup Darwix AI raises $1.5 million in seed fundingThe omnichannel GenAI platform that provides conversational intelligence for sales conversations to enterprises through its proprietary LLM...
- Jio & Airtel partner Big Tech companies to reap benefits of GenAIIndia's leading mobile operators, Reliance Jio and Bharti Airtel, are enhancing network operations and opening new monetisation avenues thr...
- AI and Unstructured Data: A Roadmap for India's Digital Transformation with Elastic CEO
- Palantir raises annual revenue forecast on AI strengthPalantir Technologies' AI platform, used to test, debug code, and evaluate AI-related scenarios, has enabled Palantir to tap into the surgi...
- LatentView Analytics completes acquisition of AI company Decision PointDecision Point Analytics has over a decade of experience in developing AI powered solutions. It has over 300 employees worldwide.
- Under Pallia’s leadership, we are in for a bright future together: Wipro chairmanWipro chairman Rishad Premji expresses confidence in new CEO Srini Pallia's leadership, foreseeing a bright future for the IT services comp...
- IT firms trim bench strength; GCCs focus on complianceHappy Thursday! The country’s top IT firms have seen a massive drop in their bench strength, i.e. employees not on active projects. Find ou...
- Indian startup ecosystem is mature, set to bolster Indian economy: AWS' Kumara RaghavanAWS' Kumara Raghavan discussed the mature Indian startup ecosystem's potential to become the third largest economy, citing labor addition, ...
- TCS has one of world's largest AI-ready workforces, says CEO K KrithivasanIT services major Tata Consultancy Services (TCS) is equipped with one of the largest and most AI-ready workforces in the world, chief exec...
- GenAI could reshape the world, act as an equaliser: Ravi Kumar, CognizantAs GenAI begins to move into the mainstream in 2024, I believe this technology has a chance to break this trend and become an equaliser for...
- Yellow.ai deploys 30% of global generative AI bots domesticallyWhile markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to ...
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