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THE GENAI PLAY
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...- 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...
- The great $100-billion tech shift: GCCs tighten grip on India’s talent marketIndia's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driv...
- Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...
- 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...
- At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
- TCS shares soar 7%, up nearly 9% in just two sessions! What are technical charts indicating?TCS shares jumped as much as 7% on Tuesday, extending their two-day gain to nearly 9% as investors snapped up the stock after months of und...
- 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 ...
- India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
- 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...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- AI features influence 89% of smartphone buyers in India: Flipkart-Counterpoint studyArtificial intelligence now drives Indian smartphone buying decisions. Nearly 89% of users consider AI features important. Consumers are pr...
- ET AI Hackathon 2.0 showcases India’s growing emphasis on practical AI innovationThe ET AI Hackathon 2.0 is a national AI innovation challenge by The Economic Times, inviting students and professionals to build real-worl...
- AI and Unstructured Data: A Roadmap for India's Digital Transformation with Elastic CEO
- GenZ professionals trust tech to bypass judgemental bias of their bossesA recent survey reveals that over half of Gen Z professionals prefer Generative AI to their managers for workplace guidance, valuing its co...
- GenAI could reshape the world, act as an equaliser: Ravi Kumar, CognizantAs GenAI begins to move into the mainstream in 2024, I believe this technology has a chance to break this trend and become an equaliser for...
- Global spending on GenAI software, solutions to reach $143 billion in 2027The forecast from International Data Corporation (IDC) shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions i...
- How CEOs can tap full potential of generative artificial intelligenceBoardroom conversations are dominated by the relevance of this technological advancement, its applicability, regulations, interoperability ...
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