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Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...- Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocksIndian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI repl...
- US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...
- Another AI aftershock sends Indian IT stocks for a tumbleIndian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disrup...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- Weather update: Kerala braces for monsoon arrival as IMD issues orange alerts; Delhi-NCR set for rain and thunderstormsThe southwest monsoon is set to arrive in Kerala around June 4, bringing very heavy rainfall and orange alerts for several districts. Meanw...
- Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- 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...
- Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shineIndian stock market staged a sharp recovery, with Sensex and Nifty erasing morning losses to snap a four-session losing streak, led by a st...
- 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...
- 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...
- Infosys, TCS and other IT stocks slide for third straight session as AI worries mountIndian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted clie...
- Employee wins Rs 50,000 compensation from EPFO for 10-year delay in processing EPF transfer claimThe Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a decade-long delay in transferring an e...
- Mphasis sues Coforge, former execs over trade secrets, client dataBengaluru-based Mphasis has sued rival Coforge and former executive Brijesh Khergamker in a US federal court. Mphasis alleges Coforge hired...
- Infosys non-committal on pay hikes, keeps employees guessingInfosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and clien...
- Tepid FY27 revenue growth awaits top 5 IT services companiesIndia's leading IT companies expect modest revenue growth in FY27. Geopolitical issues and economic challenges are impacting client spendin...
- India tech giants struggle to shake off $115 billion routIndia's top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectat...
- Indian IT faces AI reset as top 5 firms post mixed FY26Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing reve...
- India's top five IT firms cut nearly 7,000 jobs in FY26India's top IT firms saw a hiring pullback in FY26, with the five major players reducing staff by nearly 7,000. This shift from expansion t...
- IT majors see strong deal pipeline but revenue momentum cools in Q4Indian IT firms are seeing steady new deals and operating margins. However, revenue growth is slowing down quarter-on-quarter because proje...
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