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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...
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...
India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
Senior IT executives join AI party as startup foundersSenior Indian IT executives are launching their own AI startups, leveraging years of client contacts and enterprise knowledge to offer cost...
Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's whyIT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI ...
TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
Pharma, Auto, and IT: Pankaj Pandey shares sectoral insights amid global challengesPankaj Pandey shares insights on Indian sectors facing US tariffs. He sees limited impact on pharma growth but potential benefits for Jubil...
IT stocks in focus after Oracle’s strong results; Nuvama says valuations now attractive after correctionIndian IT stocks may remain in focus after Oracle reported stronger than expected quarterly results and raised its revenue outlook. Nuvama ...
Mphasis Q3 profit up 3.5% YoY to Rs 442 croreIndian mid-tier IT firms showed mixed performance in Q3 FY26, affected by seasonal softness and labour code changes. Mphasis posted a 3.3% ...
Mphasis chief sees discretionary tech spends acceleratingClients are identifying pockets of their business to make it efficient through the use of AI, automating tasks that don't need as much manu...
TPG-owned digital engineering company Altimetrik completes acquisition of SLK SoftwareUS-based Altimetrik has acquired Bengaluru’s SLK Software, an AI and analytics firm, reportedly for $600 million. The combined company will...
Indian IT firms downplay impact of US H-1B fee hike, but analysts warn of medium-term cost pressureIndian IT companies reassure investors about the 100,000 USD H-1B visa fee. Companies like Coforge and Persistent Systems state limited imp...
TPG-owned digital engineering company Altimetrik to acquire SLK Software for $600 millionThe acquisition will bolster Altimetrik's end-to-end enablement services and expand its customer reach. The combined entity will employ ove...
Exploring the Growth Potential of the IT Sector Amidst Global Trade AgreementsThe IT sector is poised for significant growth, driven by a landmark Free Trade Agreement between India and the UK. This article explores t...
Facing an unprecedented slowdown, IT companies are undergoing a shift. Here’s what’s changingIT companies like TCS, HCLTech, Wipro and Tech Mahindra are reorganising their businesses to wade through disruptions and prepare for Gen A...
Mphasis launches AI unit to focus on business outcomesAnup Nair, a veteran technology leader at Mphasis, will assume the role of chief architect and chief technology officer at Mphasis.ai.
Mphasis to focus on four pillars for growth in FY22 and beyondMphasis will continue to focus on expansion of capabilities, geographic presence, leadership and creating a portfolio of IP-driven AI/ML in...
Carlyle emerges frontrunner to acquire Mphasis from BlackstoneCarlyle Group is negotiating with at least half a dozen banks and a pension fund to buy out Blackstone’s stake in Mphasis. Binding offers d...
Stocks in the news: Ruchi Soya, Union Bank, Mphasis, Reliance Industries and SBIThe company said that the Agra-Etawah build-operate-transfer project has been issued a completion certificate.
Blackstone mulls Mphasis exit as stock up 3x in 4 yearsAt CMP, PE fund’s 56% stake is worth Rs 13,752 crore. Move to trigger an open offer; KPMG vendor dilligence begin .