ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
14 May, 2026, 06.00 AM IST
Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
12 May, 2026, 02.29 PM IST
OpenAI, Anthropic tap PE muscle to disrupt $300 billion IT services marketAI giants OpenAI and Anthropic are forging major joint ventures with private equity firms, injecting billions to accelerate AI adoption acr...
06 May, 2026, 10.06 AM IST
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...
05 May, 2026, 08.47 AM IST
India's top five IT firms cut nearly 7,000 jobs in FY26India's top IT firms saw a hiring pullback in FY26, with the five major players reducing staff by nearly 7,000. This shift from expansion t...
25 Apr, 2026, 01.23 PM IST
HCLTech Q4 net profit up 4.2% YoY to Rs 4,488 croreThe HCLTech management attributed the subdued quarterly performance to macro-uncertainties clouding the tech investment landscape and said ...
22 Apr, 2026, 06.00 AM IST
Iran conflict and global risks slow GCC expansion in IndiaGlobal geopolitical tensions are slowing new technology centre openings in India, with a dip in brownfield expansions due to macro uncertai...
20 Apr, 2026, 06.00 AM IST
Volatile geopolitics slows GCC in MarchGlobal geopolitical tensions are impacting new technology center openings in India. While the number of new centers slowed, existing ones a...
20 Apr, 2026, 12.44 AM IST
Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's whyIT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI ...
15 Apr, 2026, 11.31 AM IST
IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
14 Apr, 2026, 02.08 PM IST
HCLTech bags engineering deal from Volvo GroupOver the past months, the Volvo deal was in the final lap of negotiations between HCLTech and its larger rival Infosys.
12 Jun, 2025, 08.27 PM IST
HCLTech completes acquisition of HPE assets for $225 millionThe closure of this deal formally expands HCLTech’s long-standing partnership with HPE, extending its leadership in the telecom services ma...
02 Dec, 2024, 09.04 PM IST
HCLTech extends 15-year-old partnership with XeroxHCLTech said in a filing with BSE that it will leverage automation, product and sustenance engineering and process operations services, alo...
26 Aug, 2024, 08.18 PM IST
HCLTech announces alliance with Google Cloud to scale Gemini to global cosHCLTech and Google Cloud collaborate to train 25,000 engineers on GenAI using Gemini AI model. The alliance focuses on manufacturing, healt...
03 Apr, 2024, 03.46 PM IST
HCLTech and Intel Foundry to co-develop semiconductor solutionsThe partnership brings together HCLTech's design expertise with Intel Foundry's advanced technology and manufacturing capabilities to estab...
22 Feb, 2024, 12.28 PM IST
HCLTech to support Meta and Meity’s XR Startup programAs a knowledge partner of this program, HCLTech will help foster an ecosystem in which Indian startups can develop innovative services, har...
20 Jul, 2023, 07.32 PM IST
HCLTech acquires German automotive engineering services provider ASAP for €251 millionASAP is focussed on future-oriented automotive technologies in areas such as autonomous driving, e-mobility, and connectivity.
13 Jul, 2023, 07.15 AM IST