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INDIAN IT INDUSTRY NEWS
Another AI aftershock sends Indian IT stocks for a tumbleIndian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disrup...- Stocks in news: Lenskart, GNG Electronics, Vedanta, Infosys, RILMarkets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Block deals in GNG Electronics and Le...
- Indian firms raise $3.76 bn via ECBs in April; Reliance, Air India among prominent borrowersIndian companies raised $3.76 billion through external commercial borrowings (ECBs) in April 2026, up from $2.91 billion a year earlier, RB...
- Trump's latest threats to Iran may collide with a hard realityUS President Trump threatens Iran with severe military action, including seizing oil infrastructure. However, the US faces a critical short...
- Volkswagen to reduce workforce by 19,000 by end of year, CEO saysVolkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...
- Indian Embassy in Oman says it is tracking vessel incident off coastAn incident involving the vessel MT Jalveer off Oman's Shinas port is under close watch by the Indian Embassy. This follows a US strike on ...
- Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
- Telangana government assures full support to families of Jagtial men killed in Dubai accidentTelangana Minister Ponnam Prabhakar expressed grief over the deaths of three Jagtial district residents in a fatal road accident in Dubai. ...
- Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
- 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...
- India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...
- ‘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...
- Jin Ze Death Update: How did the Chinese star die? Check cause of death amid social media buzzChinese actor Jin Ze, real name Zhang Jiawei, has died at 33. His agency confirmed his passing on June 6, 2026, at his Hangzhou home. Jin Z...
- Wipro shares plunge over 8%. What’s behind the selloff?Wipro shares dropped significantly on Monday. This decline follows the company's share buyback record date. Investors who bought shares for...
- Another Yu Menglong like death? Chinese actor Jin Ze dies at 33; here’s what we know so farChinese actor Jin Ze, real name Zhang Jiawei, has passed away at 33. His agency confirmed his death at his Hangzhou home on June 4, 2026. A...
- Six-figure salary, MNC job but still driving taxi: Bengaluru techie left surprised after realising who is driver wasA Bengaluru software engineer was surprised to discover that his Rapido bike taxi rider was also a software developer working at a multinat...
- News channels draw battle lines over ratings freezeRegional broadcasters explore court options as MIB extends BARC news ratings suspension by four weeks.
- Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
- 'Wait out IT, buy pharma and defence'; Ajay Bagga's 3-sector playbook for 2026Ajay Bagga offers a clear strategy for Indian markets. He advises waiting for real AI revenue in IT. Pharma remains a strong investment due...
- Coforge shares gain over 2% after unveiling agentic AI platform for insurance industryCoforge's stock saw a boost following the launch of its "Nexa Agentic AI Platform," designed to enhance the global insurance industry. This...
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