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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...
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...
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 ...
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...
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...
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...
Ahead of Market: 10 things that will decide stock market action on FridayDomestic equity benchmarks ended marginally lower for a second consecutive session as weakness in financial, IT and energy shares offset ga...
Ahead of Market: 10 things that will decide stock market action on WednesdayDomestic equity benchmarks ended lower on Tuesday, snapping a three-session rally amid profit booking in financial, realty and consumer sto...
IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
US firm ContentNexus files patent suit against WiproA US patent holder has sued Wipro in a federal court. The company alleges Wipro used patented technology without permission. This involves ...
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.
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, ...
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...
TCS CEO K Krithivasan takes home over Rs 28 crore in FY26 annual pay packageTata Consultancy Services CEO & MD K Krithivasan's remuneration reached over Rs 28 crore in FY26, a 6.3% increase year-on-year. This figure...
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 ...
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...
IT companies fast aligning compliance architecture with DPDP enrouteAs India's May 2027 Digital Personal Data Protection Act deadline looms, IT majors like Infosys, Wipro, SAP, and TCS are actively strengthe...