Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocksIndian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI repl...
19 Jun, 2026, 01.50 PM IST
Indian IT is a trade, not an investment, and the market just got the memo: Sandip SabharwalAccenture's slump signals headwinds for Indian IT, with Sandip Sabharwal viewing them as trading plays rather than long-term investments du...
19 Jun, 2026, 01.04 PM IST
TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidanceIndian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continu...
19 Jun, 2026, 11.59 AM IST
Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip AgarwalAccenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI's impact on the IT se...
19 Jun, 2026, 11.49 AM IST
Accenture logs $18 billion Q3 revenue, revenue misses estimatesAccenture's Q3 FY26 results revealed a slowdown in IT demand, with the company missing revenue estimates and lowering its full-year guidanc...
19 Jun, 2026, 06.00 AM IST
Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...
18 Jun, 2026, 07.49 PM IST
Wipro to buy 20% stake more in Aggne Global for $2 millionWipro is set to acquire a further 20% stake in Aggne Global IT Services Private Limited. This move will boost Wipro's ownership in Aggne Gl...
18 Jun, 2026, 06.37 PM IST
Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a ha...
18 Jun, 2026, 01.05 PM IST
Wipro's Rs 15,000 crore buyback closes today: Should retail investors participate? Analysts weigh inWipro's Rs 15,000-crore share buyback closes on June 17, with the company set to repurchase up to 60 crore shares at Rs 250 apiece, represe...
17 Jun, 2026, 12.20 PM IST
India's Wipro opens AI centre for Anthropic's Claude in BengaluruWipro has launched a new AI hub in Bengaluru. This centre focuses on Anthropic's Claude models. It aims to help businesses adopt AI more wi...
17 Jun, 2026, 10.43 AM IST
Wipro shares in focus after unveiling Anthropic-powered AI hub in BengaluruWipro has launched an Applied AI Center of Excellence in Bengaluru focused on Anthropic’s Claude models to scale enterprise AI adoption. Th...
17 Jun, 2026, 08.48 AM IST
Share of services in exports rises to 48.8% in FY26India's services exports have seen significant growth. The services sector now accounts for nearly half of the country's total exports. Thi...
16 Jun, 2026, 11.50 PM IST
12 years of govt: Share of services sector in total exports jumps to 49% in FY26India's services exports saw a substantial rise, increasing their share in total exports. This growth was fueled by the IT sector and digit...
16 Jun, 2026, 02.11 PM IST
Former Tech Mahindra executive Rajashree R joins VC firm Kalaari CapitalFormer Tech Mahindra executive Rajashree R has joined venture capital firm Kalaari Capital, bringing nearly two decades of IT sector experi...
15 Jun, 2026, 10.31 PM IST
Wipro's Rs 15,000 crore buyback opens tomorrow: Should retail investors tender shares?Wipro's Rs 15,000 crore share buyback opens on Thursday, offering shareholders an opportunity to tender their shares at Rs 250 apiece, a 38...
10 Jun, 2026, 09.48 AM IST
AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
09 Jun, 2026, 09.07 PM IST
Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
05 Jun, 2026, 08.52 AM IST