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IT REVENUE CANNIBALISATION
Wipro shares plunge over 8%. What’s behind the selloff?Wipro shares dropped significantly on Monday. This decline follows the company's share buyback record date. Investors who bought shares for...- Buy, Sell or Hold: Morgan Stanley maintains underweight on Wipro; HDFC Securities upgrades Stylam IndustriesBrokerages remain selective on Indian equities, with Morgan Stanley maintaining an underweight stance on Wipro due to growth concerns. HDFC...
- For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...
- 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...
- Lenskart shares rise 2% after Q4 profit slips; revenue jumps 46% YoYShares of Lenskart climbed by 2% on Thursday, despite a 9% decline in net profit for the fourth quarter. The company showcased impressive o...
- Lenskart Q4 Results: Profit falls 9% YoY to Rs 200 crore, but revenue jumps 46%Lenskart Solutions saw its net profit decrease by 9% year-on-year in the fourth quarter. However, revenue from operations surged by 46%. Th...
- Ather Energy quarterly revenue goes past Rs 1,000 crore in Q4, riding on family scooter RiztaAther Energy achieved its best financial year in FY26. The electric two-wheeler maker sold 2.63 lakh units, a 69% jump. Revenue grew 63% to...
- IT majors' shares fall following mixed results, weak outlookIndian IT stocks faced significant pressure following mixed quarterly results from major players like Infosys. While TCS reported profit gr...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- Indian IT faces AI reset as top 5 firms post mixed FY26Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing reve...
- 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...
- 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...
- Trent shares slip 4% despite decent Q4 show. What Goldman Sachs, Morgan Stanley, other top brokerages are saying?Trent Q4 Results FY26: Trent Ltd shares slipped despite strong Q4 results, where net profit rose 26% year-on-year to Rs 400 crore. Revenue ...
- Trent shares jump 4% ahead of board meet to consider bonus issue on April 22Shares of Trent Limited rose 4% ahead of its April 22 board meeting to consider a bonus issue, dividend and fundraising plans. Investors re...
- Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...
- India's FDI plan for ecommerce; Tata charges up iPhone bizIndia is planning to allow FDI in inventory-based ecommerce exclusively for exports. This and more in today's ETtech Top 5.
- Music to ears: Give quality, will payIndian consumers are starting to pay for quality. Gen Z listeners are switching to paid music streaming subscriptions. This trend is pushin...
- IT firms pass on AI-led gains as clients seek cost savingsWill artificial intelligence combined with the challenges brought about by the tariff war upend the dyed-in-the-wool business model of the ...
- Shorts may 'cannibalise' YouTube's long-form video biz: reportAccording to a report in The Financial Times, citing veteran YouTube staff, the short-video platform Shorts "risks cannibalising its core b...
- Intelenet launches automation platforms with focus on winning more businesses of clientsThe initial platforms are in the travel segment — Intelenet’s second-biggest vertical — which has over 4,000 employees.
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