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IT SERVICES GROWTH INDIA
India's services economy stays resilient as 17 sectors post growthIndia's services sector recorded widespread growth in August, with 17 of the 19 tracked segments expanding and 13 registering double-digit ...- Global FMCG giants find an Indian answer to their Western slowdownGlobal consumer giants including PepsiCo, Nestle, Unilever, Pernod Ricard and Coca-Cola are increasingly looking to India for growth as dem...
- IMF flags Super El Niño risks to India’s growth, says impact yet to materialiseAccording to the IMF, India continues to act as a significant growth engine within the global economy. Despite looming threats posed by wea...
- Cognizant’s Q3 PAT jumps 128% to $627 million, revenue climbs 4.6%Growth across its markets geographically and double-digit expansion in financial services as well as communications, media and technology b...
- Sagility block deal: Promoter Sagility BV likely to sell 12% stake for Rs 2,377 croreSagility promoter Sagility B.V. is reportedly planning a 12% stake sale worth ₹2,377 crore through a block deal. The healthcare IT services...
- AI could wipe out $200 billion of IT services work by 2030: BCGBCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from ...
- Finance ministry estimates India’s Q2 FY27 GDP growth at 7.35%The finance ministry’s nowcasting model estimates India’s GDP will grow 7.35% in Q2 FY27, following 7.8% growth in the previous quarter, su...
- Persistent Systems to raise Rs 6,000 crore via NCDs for Nagarro dealPersistent Systems plans to raise more than ₹6,000 crore through non-convertible debentures for its Nagarro SE acquisition. The company suc...
- India only major emerging economy set to reduce debt ratio by 2031: RBI Deputy GovernorIndia is projected to be the only emerging market economy among nine economies with gross domestic product (GDP) exceeding USD 1 trillion t...
- Why big IT firms are buying stakes in AI startupsFrom HCLTech's $150 million investment in Indian AI startup Sarvam to Accenture's investment in Within, an enterprise AI company, IT firms ...
- IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
- Cognizant signs five-year large deal with Europe's EBRDWhile the financial terms were not disclosed, two people privy to the matter told ET that the deal was estimated to be in the range of $100...
- AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ riseThe latest quarterly results from India's leading IT companies demonstrate remarkable growth, primarily driven by the surge in artificial i...
- Double-digit growth seen on corporate scoreboard in Q2, but bank, IT, pharma lagSeptember quarter earnings exhibited significant revenue and profit growth for various companies in key sectors. Revenue rose by 22.1% with...
- Infosys guidance shock may hit stock despite numbers bounceInfosys released its quarterly results, showing good revenue growth and stable operating margins. However, the management reduced the annua...
- Coforge Q2 net profit jumps 56.5% to Rs 588 crore on Encora dealRevenue for the September quarter increased 53.6% year-on-year and 11.6% sequentially to Rs 6,170.8 crore. In dollar terms, revenue stood a...
- Financials, FMCG lead FPI sell-off; IT stocks buck the trend in first half of OctoberIn the early days of October, there was a notable retreat of foreign portfolio investors from several sectors, particularly in financial se...
- Corporate capex pipeline rises 39% to Rs 99.7 lakh crore, led by IT services and power: UBIIndia’s announced private capex pipeline rose 39% year-on-year to Rs 99.7 lakh crore in September 2026, driven by IT-enabled services and c...
- Software majors delete 24,000 jobs across IT and engineering in a yearOver the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,00...
- LTM boss sees short-tenure AI deals fuelling quicker revenue boost in H2Deal closures are also at an inflection point with LTM's sales teams targeting AI deals that are shorter tenured but generate revenue quick...
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