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REVENUE DEFLATION IT SECTOR
AI volumes may outweigh revenue deflation for IT sector by FY30: ReportCLSA said the industry is facing "multiple macro/micro headwinds", but expects AI to eventually create new growth opportunities. It said AI...- AI reshapes India's IT services sector contracts as clients demand more for lessOutsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying ...
- Paras Defence expects exports to double as Middle East conflict boosts demandParas Defence anticipates its export revenue will double this fiscal year. This growth is driven by Middle East conflict and rising geopoli...
- PSU banks offer highest alpha potential; IT faces uncertainty: Omniscience CapitalIndia’s domestic economy remains resilient, with healthy revenue and earnings growth despite geopolitical uncertainties, according to OmniS...
- AI reshapes India's IT services sector contracts as clients demand more for lessIndustry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the uncertainty that...
- IT stocks extend gains for second day; Coforge, Infosys, Persistent Systems rise up to 3%IT stocks extended gains for the second straight session, with Coforge and Persistent Systems leading the rally. Infosys, Wipro, TCS and Te...
- National Highway builders bat for BOT annuity model to avoid zero-bid scenarioThe National Highways Builders Federation said the current BOT (toll) model exposes private developers to an unacceptably high level of ris...
- Newspaper majors’ non-print revenue rises to a quarter, says CrisilNon-print revenue is projected to reach a quarter of large Indian newspaper groups' income. This shift diversifies income sources, moving f...
- Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
- IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's whyCLSA downgraded several large IT stocks and cut their target prices amid continued AI-related concerns, while retaining a bullish view on s...
- Rupee, price tailwinds for Indian exporters may fade in H2FY27: NuvamaIndian exporters may see revenue tailwinds from rupee depreciation fade soon. Elevated prices and currency depreciation supported export gr...
- Himadri Speciality Chemicals sets Rs 3,000 cr revenue target for its arm Birla TyresHimadri Speciality Chemicals plans to grow Birla Tyres to Rs 3,000 crore revenue. The company will focus on premium products and expanding ...
- Pennywise the Dancing Clown set to return as HBO renews IT: Welcome to Derry for Season 2: Story, release timeline and what to expectHBO has announced the renewal of 'IT: Welcome to Derry' for its second season, taking audiences back to 1935 amidst the Great Depression. T...
- Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: ReportWall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company fo...
- India Inc clocks strongest revenue growth in 9 quarters; margins squeezed by rising costsIn the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high. Despite this, profits grew by onl...
- India Inc revenues jump 22% in June quarter, ICRA saysCorporate India began fiscal year twenty twenty-seven with strong revenue growth. Aggregate revenues for listed companies rose twenty-two p...
- New-age firms' listing gains fade fast; IT deal renewal in focusHappy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analysis shows. This and more in today’s...
- IT-BPM hiring to fall over 26% in H1 of FY27: ReportIndia's IT-BPM sector anticipates a significant hiring slowdown in early FY27. Net workforce additions are projected to fall over twenty-si...
- Coforge launches private equity business unit for private equity sectorPowered by Coforge Nuuron, its AI operating system and enterprise autonomy platform, Coforge’s PE business unit aims to combine technology,...
- AI to deflate IT revenue past 30%: Persistent CEOChief executive Sandeep Kalra said, "The expectation in the market is that using AI, you will be able to deflate the effort by 25% to 30%. ...
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