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US IT SERVICES SECTOR
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...11 Jun, 2026, 01.16 PM IST- AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...09 Jun, 2026, 09.07 PM IST
- GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...09 Jun, 2026, 06.00 AM IST
- TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...08 Jun, 2026, 10.37 PM IST
- TCS signs multi-million euro AI deal with Canada LifeUnder the partnership, TCS will use its artificial intelligence and digital capabilities to manage and modernise Canada Life's data centres...08 Jun, 2026, 01.53 PM IST
- Q4 FY26 earnings: Metal companies lead growth, backed by robust volumes and favourable pricing trendsET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is present...08 Jun, 2026, 11.30 AM IST
- TCS shares slip 2%, down 12% in 4 straight sessions. What’s triggering the decline?TCS shares tumbled 2% Monday, extending a four-day loss to 12%, as rising U.S. bond yields fueled fears of further Federal Reserve rate hik...08 Jun, 2026, 11.12 AM IST
- 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...07 Jun, 2026, 05.13 PM IST
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...05 Jun, 2026, 08.52 AM IST
- India-US trade deal could further boost already vibrant trade corridor: Citi India CEOA proposed India-US trade agreement is set to enhance trade and investment. Citi India CEO K Balasubramanian expressed optimism about this ...04 Jun, 2026, 04.20 PM IST
- Amit Khurana backs LTIMindtree, OFSS and eClerx as tactical betsAmit Khurana of Dolat Capital has upgraded India's IT sector, citing depressed valuations and rupee depreciation as key drivers. He believe...04 Jun, 2026, 01.07 PM IST
- IT stocks snap three-day rally, plunge over 5% in sharpest fall in nearly four monthsIndian IT stocks experienced their steepest single-day fall in nearly four months, plunging over 5% as concerns about AI's impact on revenu...04 Jun, 2026, 05.50 AM IST
- US services activity heats up in May, beating expectations: SurveyUS services sector activity expanded in May, exceeding expectations with the ISM index at 54.5%. While business activity and new orders gre...03 Jun, 2026, 08.40 PM IST
- TCS shares crash 8%, log worst single-day fall since historic COVID plunge. More pain ahead?Tata Consultancy Services (TCS) shares experienced their steepest single-day drop since March 2020, plummeting over 8% on Wednesday. This s...03 Jun, 2026, 04.03 PM IST
- 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...03 Jun, 2026, 10.43 AM IST
- 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...03 Jun, 2026, 07.30 AM IST
- Metals rally largely priced in, limited upside seen after strong cyclical run: Sandip SabharwalMarket expert Sandip Sabharwal advises caution, seeing stock-specific chances but limited broad market conviction. He notes Wockhardt's app...02 Jun, 2026, 02.14 PM IST
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