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IT SERVICES INDUSTRY
Infosys ADRs crash 6% after Q2 results as revenue guidance cut spooks investorsInfosys ADRs fell 6.3% after the company lowered FY27 revenue growth guidance to 1-2%, despite September-quarter revenue beating estimates....- Cognizant to buy Australia's DyFlex in its 3rd deal of 2026Cognizant Technology Solutions has signed an agreement to acquire DyFlex Solutions, enhancing its AI and SAP capabilities. This acquisition...
- Tech Mahindra, SpaceXSI partner to accelerate AI-powered software engineeringThe company said it will combine its global engineering, enterprise transformation and AI consulting capabilities with SpaceXSI's AI-powere...
- Bridging the AI production gap: Over 100,000 Indian engineers trained to Build with GeminiIndia is seeing a significant shift in its technology workforce towards enterprise AI integration and solutions. The Build with Gemini init...
- Sentiment muted, but India story is unchanged: McKinsey's KumraIndia's investment appeal is currently being tested as global capital flows shift towards other regions. While private capital investors se...
- After 79 years, Railways reaches this remote town for the first time since Independence; Rs 1,628 crore line opens, two new trains flagged offIndian Railways has connected Chhattisgarh’s Rowghat to the national rail network for the first time since Independence, with the inaugurat...
- Why sovereign AI is critical to India’s next growth leap?India has already created considerable momentum. The priority now is to connect government initiatives, industry investments, academic rese...
- These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsThe last few weeks have made one thing clear. Oil prices, US bond yields, corporate earnings, and the state of the world – all point the sa...
- 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...
- IT companies likely to see 2-3% AI led deflation over the next 1-2 yearsThe rise of artificial intelligence is anticipated to contribute to ongoing revenue challenges within the IT services sector. Leading firms...
- Jio IPO or RIL shares? Where should investors bet as Ambani's Rs 30,213 crore issue opensJio Platforms is eyeing a staggering valuation of Rs 10 lakh crore for its upcoming IPO, sparking heated debates among analysts on whether ...
- Can Jio Platforms IPO deliver long-term growth for high-risk investors?Jio Platforms, leading India's largest IPO, presents a compelling investment avenue for everyday investors. Despite its massive telecom cus...
- IndusInd General Insurance appoints Sharad Mathur as MD & CEOIndusInd General Insurance has appointed Sharad Mathur as its new Managing Director and CEO. Mathur brings three decades of experience in t...
- US Stocks: 3M lifts annual profit forecast on cost controls, price hikes3M has revised its profit outlook for the year, expecting a boost in adjusted earnings per share. Their quarterly revenue reflects growth t...
- Fertiliser stocks: Combination of strong headwinds and structural repair. Who will win? 9 stocks, 4 with upside potential of up to 31%For the better part of a decade now, every time this critical sector has run into trouble, the government has stepped in. The clean-up bega...
- Festive demand likely to fire up temporary factory hiringThis festive season, India's manufacturing sector is projected to create around 100,000 temporary jobs. Major drivers of this increase incl...
- ISB programme explores AI’s growing role in the future of digital financeThe Executive Programme in Fintech and AI at ISB is crafted to equip finance professionals with cutting-edge skills in financial services. ...
- Software majors add more hands in Q2 on deal wins, growth optimismData showed the top six had added a net 5,500 to their rolls in the April-June quarter. Employee data of Infosys, the country’s second-larg...
- AI revenue should offset traditional services deflation: TCS CEO K KrithivasanDue to the continuing pressure on companies amid geopolitical strife, TCS is assuming client budgets will not rise. It is, however, banking...
- The economics of India's biggest export industry goes topsy-turvyIndia’s $315-billion IT industry faces a structural shift as AI boosts productivity but puts pressure on pricing, revenue and entry-level h...
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