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INFOSYS AI SERVICES
UPI MDR rollout delayed; Rs 7,131 crore RDI deploymentNPCI has pushed back the UPI MDR rollout until after the festive season. This and more in today's ETtech Top 5.
AI services may account for almost half of Infosys' work in 2-3 years: CEO Salil ParekhParekh said the business, which includes building AI agents, coding work and modernising old technology for clients, is small relative to t...
AI job-loss fears are ‘hogwash’, says Infosys chairman Nandan NilekaniNandan Nilekani has expressed optimism about the impact of artificial intelligence on employment in India. He argues that while AI automate...
HCL Tech shares rally over 4% after Q2 results. What are CLSA, JPMorgan, others saying?HCL Technologies share price: HCL Tech shares rose after the IT services major reported a 21% YoY rise in Q2 FY27 net profit to Rs 5,132 cr...
Rs 26,340 crore added in minutes! Why HCL Tech, TCS and other IT stocks rallied up to 7%Indian IT stocks rallied up to 7%, with the Nifty IT index gaining 3.3%, as concerns over rising AI investment costs and uncertain returns ...
IT stocks surge despite US immigration curbsOn Friday, Indian IT stocks experienced an impressive surge, spearheaded by a remarkable 4.2% jump in Tata Consultancy Services shares. Thi...
India's TCS senior staff will miss out on variable pay for September quarter, memo showsIn a groundbreaking decision, Tata Consultancy Services has announced that senior employees, specifically those at the C3A grade and higher...
Explained: Why IT stocks ignored Donald Trump’s PERM suspension to gain Rs 70,000 crore in one dayIT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification ...
US visa curbs may shift higher-value tech work to India, says former HCL Tech CEO Vineet NayarRestrictions imposed by the US on major technology companies may prompt a shift in high-value technology work to India. Vineet Nayar highli...
Infosys, TCS, Wipro and other IT stocks rise up to 4%. Here are 3 important triggers to watchIT stocks including TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Coforge and Persistent Systems rose up to 4% on Friday. The gains came ami...
AI crowds out fresh grads at Wall Street tech hubs in IndiaThe landscape of entry-level employment for Indian graduates is shifting dramatically due to advancements in AI. As machines tackle more mu...
Infosys, Wipro ADRs fall nearly 3% after TCS earnings, US crackdown on H-1B-linked green card programmeInfosys and Wipro ADRs fell nearly 3% in US trading as investors assessed TCS’s quarterly results and fresh US immigration restrictions. Co...
Claude comes closer to India’s data: Anthropic brings in-country inference to AWSAnthropic has introduced in-country inference for its Claude models in India through Amazon Bedrock. This service allows sensitive AI workl...
AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: ReportIndia's IT services sector is likely to see muted performance in the second quarter of FY27, but increasing traction in artificial intellig...
Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing powerAs Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushin...
TCS, Infosys and other IT stocks in focus after Accenture Q4 revenue, outlook beat estimatesIndian IT stocks including TCS and Infosys are in focus following Accenture's strong Q4 results and above-estimate revenue guidance. While ...
Blockbuster Accenture show holds out hope for battered Indian ITAccenture's latest financial performance has sparked renewed optimism among investors in the Indian IT sector. The strong results hint at a...
IT Q2 preview: Muted growth, steady margins likely; deal conversion, AI deflation in focusResearch advisory UnearthInsight expects the top-five IT companies to grow 0.5-1% quarter-on-quarter in the second quarter of FY27, with li...
IT Q2 review: Muted growth, steady margins likely; deal conversion, AI deflation in focusIndia's leading IT firms are projected to exhibit modest revenue growth and stable margins for the second quarter. Analysts anticipate that...
TCS to take over Best Buy's India GCC under multiyear dealTata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the fina...