PEs trade big buyouts for founder-led and AI-driven nimble companiesSuch investments are focused on digital, AI-infrastructure and data services stack. Valuations are selectively improving with business deli...
India’s GCCs trade hefty headcount for specialised talentGlobal Capacity Centres are becoming smaller and more engineering-focused. India's GCC market is projected to reach one hundred billion dol...
FPIs turn buyers in IT stocks for first time in 2026, invest Rs 3,358 crore in JulyIn July, overseas investors turned their attention to Indian IT stocks, marking the first instance of such purchases this year. The consume...
FIIs now backing India's consumers, not capex: July data reveals major rotationForeign investors returned to Indian equities in July, but their buying reflected selective, defensive positioning. Consumer services, heal...
These large and mid-cap stocks can give more than 20% return in 1 year, according to analystsWhenever there is a correction or volatility, just ask one question: Is it an opportunity, or should one be wary? We are raising this issue...
Arvind Kejriwal alleges Meta restricted his account, calls it 'pretty bad service'AAP national convenor Arvind Kejriwal on Thursday alleged that Meta had restricted his social media account in India without explaining the...
Meta apologises over lapses; Ola Electric shares surgeMeta apologised for lapses on its platforms during a meeting with IT Secretary S Krishnan. This and more in today's ETtech Top 5.
GCC net hiring set to hit 200K in FY27 as IT services trailThe outlook reflects the continued demand gap between the two sectors. Staffing firms told ET that multinational companies continue to expa...
Persistent Systems confident of bagging two more large deals; margins not a worry: CFOAmid investor concerns over profit margins, Teredesai said there are "no worries at all" on this aspect and the company will be able to mai...
Quant MF ups IT exposure as sector enters ‘neglected territory’; sees crude correctionQuant Mutual Fund has raised its exposure to IT services over the past two months, viewing the sector as increasingly “neglected” and offer...
Credit to tech infrastructure sector doubles in two yearsBank loans for India's technology infrastructure sector have doubled in two years. This growth reflects India's position as a global hub fo...
AI may hurt IT today, but it could create the sector's next growth engine: Baroda BNP Paribas MFAI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund ...
Cognizant logs marginal dip in Q2 net, revenue rises 4.5%The Nasdaq-listed company revised its full year revenue forecast to $22.04-22.35 billion, implying 4.4-5.9% growth (4.0-5.5% in constant cu...
Government says eligibility of generative AI services for safe harbour depends on nature of serviceGovernment stated AI intermediary status depends on service nature and functions. The IT Act applies to computer resources and intermediari...
Top 5 IT services companies see 3.3% staff productivity boost in Q1, as TCS, Infosys, HCLTech and Tech Mahindra log gainsIndia's leading IT firms witnessed a substantial rise in employee productivity over the past year, despite a decline in overall staff numbe...
AI blows up IT playbook: Lines between AI labs and IT services firms start to blurThe enterprise services business they have dominated for decades is beginning to see a new breed of rival. OpenAI and Anthropic are no long...
IT price wars squeeze Infosys out of three multi-million dollar accountsInfosys said last week that loss of a large European client weighed on its first-quarter revenue growth. The Bengaluru-based company, India...