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INFOSYS GENAI
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...- TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-re...
- Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
- IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
- Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attra...
- Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the g...
- Infosys, TCS and other IT stocks slide for third straight session as AI worries mountIndian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted clie...
- An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
- Reports of my death are greatly exaggerated! Why Nuvama is screaming buy on all top 10 IT stocksNuvama says fears that Gen-AI will cripple India’s IT services model are overblown, invoking Mark Twain’s line that “reports of my death ar...
- GenAI to boost India's IT industry's productivity by up to 45%: EY India surveyAccording to EY India's survey, this productivity boost, impacting 500 roles, will result from both the IT industry integrating GenAI eleme...
- HCLTech rolls out two more AI Labs in Noida, LondonEarlier in November, the Noida-headquartered IT major announced setting up an AI-cloud native lab in Singapore. Previously, it had set up s...
- Strong client interest on GenAI; don't foresee layoffs within Infosys from new-age tech: CEO Salil ParekhInfosys CEO Salil Parekh revealed substantial interest from clients in Generative AI technology, comparable to previous digital and cloud a...
- 30% GenAI projects will be dropped after proof of concept by 2025 end: GartnerThe Gartner research indicates that GenAI requires a higher tolerance for indirect, future financial investment criteria compared to immedi...
- How GenAI is becoming key part of large, mega IT dealsIT service providers are integrating Generative AI into large deals, indicating its advancement from PoC stage. Traditional IT budgets are ...
- How GenAI is opening up new revenue streams for IT firms and GCCsThe rise of generative AI (GenAI) presents an opportunity for IT firms to unlock new revenue streams. Companies like Accenture, Infosys, an...
- As macro climate changes, GenAI will also scale up: Infosys CEO Salil ParekhIn a wide-ranging interview with Sameer Ranjan Bakshi, Beena Parmar and Surabhi Agarwal, Salil Parekh, chief executive and managing directo...
- APAC businesses to nearly triple spends on GenAI in 2024: Infosys ResearchAsia Pacific businesses are increasing investments in generative AI (GenAI) and are projected to nearly triple spends on this technology to...
- Europe to double spending on generative AI in 2024: Infosys ResearchThe pace of investment is slower than in North America where spend is expected to reach close to $6 billion next year, according to the Gen...
- To AI or not no longer a question: IT majors already using GenAI for several tasksIndian IT firms are focusing on the integration of generative AI (GenAI) to expedite code generation, optimize labor-intensive tasks and fa...
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