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TCS forms business unit to help MNCs set up GCCsTata Consultancy Services has launched a new business unit, Global Value & Innovation Centres, to assist enterprises in establishing and ma...
IT needs selectivity, not blind bargain hunting; Energy, defence and healthcare offer better opportunities: Gurmeet ChadhaMarket expert Gurmeet Chadha advises investors to be selective in the IT sector, despite attractive valuations, focusing on stock-specific ...
IT stocks crash! Planning to buy the dip? Here's what analysts sayIndian IT shares saw a significant drop on Wednesday, wiping out recent gains. Analysts suggest this was largely due to profit booking afte...
Wipro CEO Pallia takes home Rs 49.6 crore in FY26Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The ...
IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
Infosys shares jump 6%, rally 10% in 3 days as IT stocks shine. More upside ahead?Infosys shares have rallied sharply, rising nearly 10% in three days as investors reassess valuations following a steep AI-driven correctio...
“I can’t come back at 75”: As Nandan Nilekani turns 71, Infosys faces its biggest leadership questionInfosys chairman Nandan Nilekani is entering a crucial phase. He is focused on preparing the IT giant for a future beyond its founders. Sha...
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...
Infosys CEO's compensation rises 2.5% to nearly Rs 82.6 crore in fiscal 2026Infosys CEO Salil Parekh's compensation reached Rs 82.6 crore in 2025-26, a 2.5% increase, significantly higher than rivals like TCS. This ...
Infosys CEO Salil Parekh earned Rs 82.6 crore in FY26, up 2.5%Infosys CEO Salil Parekh's earnings reached ₹82.6 crore in 2025-26, a slight increase. This compensation includes salary, variable pay, and...
Agentic platform Codex adoption in India up 27x since January, says OpenAIIndia's adoption of OpenAI's Codex has surged 27x since early 2026, placing it among the top five global markets. The platform is increasin...
Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflo...
Indian government, tech firms running tests for Anthropic's Mythos threatIndia is rigorously testing its critical financial and government software for vulnerabilities to Anthropic's powerful Mythos AI. Tech gian...
India’s tech sector grows with fewer freshers as AI reshapes hiringThe share of entry-level hiring in the sector has fallen to around 15% in 2025 from 28% in 2024 as companies focus more on AI, cloud, cyber...
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...
UBS sees mixed outlook for Indian IT sector, mid-tier firms outperform large caps amid AI shiftIndian IT firms saw varied results in the last quarter. Mid-tier companies performed better than large ones. Artificial intelligence is cha...
IT stocks gain for 3rd day on rupee fall, tempered AI viewIndian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software expor...
IT navigates all-new ‘pay-to-play’ AI token landscapeAs AI adoption grows, IT service providers and clients are grappling with calculating the cost-benefit of token usage. With a shift towards...
Buy, Sell or Hold: Citi maintains buy on Paytm; Goldman Sachs remains neutral on InfosysBrokerages show selective optimism across key sectors. Paytm receives a buy rating with strong lending momentum. Infosys maintains a neutra...
AI Shock: IT valuations fall near levels seen during subprime crisisIndian IT exporters' valuations have plummeted to near 2008-09 subprime crisis levels, trading at 15-18 P/E multiples. This sharp decline, ...