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...
UBS sees mixed outlook for Indian IT sector, mid-tier firms outperform large caps amid AI shiftIndian IT firms saw varied results in the last quarter. Mid-tier companies performed better than large ones. Artificial intelligence is cha...
IT stocks gain for 3rd day on rupee fall, tempered AI viewIndian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software expor...
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
AI Shock: IT valuations fall near levels seen during subprime crisisIndian IT exporters' valuations have plummeted to near 2008-09 subprime crisis levels, trading at 15-18 P/E multiples. This sharp decline, ...
Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
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...
Premji Invest in talks to join Emergent fundraisePremji Invest is reportedly in talks for a significant investment in coding platform Emergent's $250 million funding round, which could val...
India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
India tech giants struggle to shake off $115 billion routIndia's top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectat...
HCL-Foxconn selects CTCI as EPC partner for Uttar Pradesh semiconductor facilityThe HCL-Foxconn joint venture has appointed Taiwanese firm CTCI as the EPC partner for its upcoming semiconductor assembly and testing faci...
HCL Tech shares give Rs 59,000 crore shock in 3 days as stock down 15%. More pain ahead?HCL Tech shares have plunged sharply after weak Q4 earnings and subdued FY27 guidance, triggering multiple broker downgrades and target cut...
IT majors see strong deal pipeline but revenue momentum cools in Q4Indian IT firms are seeing steady new deals and operating margins. However, revenue growth is slowing down quarter-on-quarter because proje...
IT takes D-St on a tumble, AI fears pop up on HCL Q4 missIndian IT stocks experienced a significant decline on Wednesday. This sell-off was triggered by HCL Technologies' disappointing fourth-quar...
HCL Tech flags weak Q4, bets big on AI to drive next phase of growthHCL Technologies faced a slower fourth quarter than anticipated. Weakness in its software business and certain service areas impacted resul...
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...
HCL Tech shares tank over 9% after weak Q4. JPMorgan, HSBC & 3 others cut target priceHCL Tech shares fell sharply after the March quarter results and FY27 guidance disappointed D-Street expectations. While Q4 profit and reve...