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INDIAN IT INDUSTRY CHALLENGES
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...- 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...
- Why is market falling today? Sensex slumps 800 points, Nifty below 23,950. IT selloff among 5 key triggersIndian stock markets experienced a sharp downturn on Friday. The Sensex and Nifty saw significant declines, ending a five-day rally. Heavy ...
- Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...
- 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...
- ICG inducts indigenously constructed hovercraft, bolsters maritime capabilitiesIndia's Coast Guard has inducted its first indigenous hovercraft, H-561. This air cushion vehicle enhances maritime duties and response cap...
- 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...
- Rs 2.5 lakh lost by Zerodha's Nithin Kamath but he is happy. 'I lost a bet, and I’m happy I lost this one'Zerodha co-founder Nithin Kamath revealed that he lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala, who successfully lost 30 kg over...
- India-UK social security pact to benefit 90-95% of Indian professionals in BritainA new social security agreement between India and the UK, effective July 15, will benefit 90-95% of Indian professionals working for Indian...
- Indian High Commissioner to Singapore urges businesses to study Singapore's water sector innovationsIndian businesses are urged to study Singapore's water recycling and reuse innovations. This is crucial for drinking water, industrial wate...
- Andhra Pradesh govt to launch Amaravati quantum and AI innovation centreAndhra Pradesh is launching the Amaravati quantum and AI innovation Centre with IBM. This initiative aims to create India's largest quantum...
- Sanchita Ugale death: Actress Girija Oak says there are ‘horrible’ people in the TV industry: ‘You need to find…’Actress Sanchita Ugale, 22, died by suicide, reportedly due to financial stress and emotional struggles. Her death has highlighted systemic...
- Telegram challenges India block, saying it will hurt free speech rightsTelegram has taken a stand against India's temporary shutdown of its app in the courtroom, a decision enacted to prevent exam leaks. The me...
- Telegram challenges temporary ban, saying it will hurt free speech rightsTelegram has challenged India's temporary ban on its app in a New Delhi court. The company argues the block, imposed to stop exam fraud, in...
- The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
- Assam CM Himanta Biswa Sarma virtually inaugurates PNG projects in Mangaldai, TezpurAssam Chief Minister Himanta Biswa Sarma inaugurated new natural gas projects to bring piped natural gas to homes and industries, and compr...
- India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
- World's first trillionaire Elon Musk: Anand Mahindra reveals the story behind his 2018 tweetElon Musk has achieved a historic milestone becoming the world's first trillionaire. Mahindra Group Chairman Anand Mahindra emphasizes Musk...
- Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
- ‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
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