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 ...
04 Jun, 2026, 12.18 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
Wipro shares in focus on deal to acquire additional stake in Aggne Global for $28.5 million. Check detailsWipro is set to acquire an additional 20% stake in US-based insurtech company Aggne Global Inc for $28.5 million, increasing its ownership ...
02 Jun, 2026, 09.14 AM IST
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
01 Jun, 2026, 10.10 PM IST
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 ...
31 May, 2026, 09.57 AM IST
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...
29 May, 2026, 11.18 AM IST
Wipro shares rally over 4% on deal with ServiceNow to scale agentic AIWipro's shares surged after announcing an expanded partnership with ServiceNow to integrate Wipro Intelligence with the ServiceNow AI Platf...
29 May, 2026, 09.19 AM IST
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...
20 May, 2026, 10.22 AM IST
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
19 May, 2026, 08.01 PM IST
Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
18 May, 2026, 10.31 AM IST
ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
14 May, 2026, 06.00 AM IST
Anthropic and OpenAI move into enterprise services, testing India’s IT leadersSynopsis: Anthropic and OpenAI are shifting from building AI models to offering complete business services. Backed by multi-billion dollar ...
06 May, 2026, 01.02 PM IST
OpenAI, Anthropic tap PE muscle to disrupt $300 billion IT services marketAI giants OpenAI and Anthropic are forging major joint ventures with private equity firms, injecting billions to accelerate AI adoption acr...
06 May, 2026, 10.06 AM IST
Cost pressures part of normal market evolution, says LTM CEOLTM CEO Venu Lambu downplayed AI-led deflation concerns, framing pricing pressures as normal market evolution requiring adaptation. He emph...
27 Apr, 2026, 06.00 AM IST
India's IT model worked, until AI. Disruption now haunts its sub-optimal equilibriumIndia's IT sector thrived for decades by providing skilled labour at lower costs. This model is now challenged by Artificial Intelligence. ...
24 Apr, 2026, 11.10 AM IST
Why enterprises should step forward at the ET Most Innovative AI Product Awards 2026Enterprises leveraging AI can benchmark innovation, gain credibility, and unlock strategic partnerships at ET Most Innovative AI Product 20...
20 Apr, 2026, 01.28 PM IST
Wipro set to announce buyback today: What to expectWipro shares are in focus today as the IT giant prepares to unveil its January-March quarter results for FY26, alongside its first share bu...
16 Apr, 2026, 10.32 AM IST