Information Technology

Invested 1.5% of revenue over the last two years to build it

Indian IT stocks have fallen up to 34 per cent in 2026 as AI disrupted outsourcing model. Analysts remain cautious on FY27 outlook. They prefer TCS, Infosys, HCLTech, Coforge

IT stocks now account for just 6.7% of MF equity holdings, the lowest in eight years: Report

India's top IT firms returned a record ₹1.3 trillion to shareholders in FY26 even as AI disruption slowed profit growth and pressured valuations

Indian IT stocks fell sharply after OpenAI's acquisition of consulting firm Tomoro intensified concerns over AI-led disruption to traditional IT services models

As the model shifts to AI-led transformation, the $300 bn sector will see more M&As, consolidation & layoffs

In a clarification to the stock exchanges on surge in trading volume, Black Box said there was no undisclosed / price sensitive information or any impending announcement / corporate action.

Sasken Technologies has reported 125 per cent Y-o-Y jump in its Q4 net profit to ₹26.98 crore. Besides, the board has also declared a final dividend of ₹13 per share.

Analysts believe HCL Technology's softer revenue guidance versus expectations and an AI deflation impact of 3-5% will likely raise concerns about overall industry growth for FY27.

The AI model's powerful capabilities force global leaders to overhaul cybersecurity frameworks against autonomous exploitation risks

Draft amendment to IT Rules mandates continuous, clearly visible labels for AI-generated content across formats, as govt extends consultation deadline to May 7

A high-level inter-ministerial body, AI Governance and Economic Group, headed by Union IT Minister Ashwini Vaishnaw, has been constituted to steer the country's national AI governance strategy, an official statement said on Thursday. AI Governance and Economic Group (AIGEG) will coordinate policy across ministries, departments and sectoral regulators and oversee cross-sectoral governance issues. "The AIGEG will operate as the apex inter-ministerial body within India's AI governance institutional framework. It will be supported by a Technology and Policy Expert Committee (TPEC), which will offer expert advisory to the AIGEG on global developments, emerging technologies, risks, regulation and other evolving priorities relating to AI policy and governance," the statement said. The inter-ministerial body will be chaired by the union electronics and IT minister Ashwini Vaishnaw whose portfolio spans railways and Information and Broadcasting. Minister of State for Electronics and IT Jiti

Two major employee associations of the Income Tax Department have written to the government stating that they would resort to a graded agitation schedule beginning April 16 if their "long pending" issues and "precarious" working conditions are not resolved. The Joint Council Action (JCA), comprising the Income Tax Employees Federation (ITEF) and Income Tax Gazetted Officers' Association (ITGOA), represents about 97 per cent of the department's workforce that works to collect revenue for the government under the direct tax category. Officers from the Indian Revenue Service (IRS) constitute the third association, and they lead the department as heads of various verticals. The JCA, in its letter dated April 6, to the Revenue Secretary under the Union Finance Ministry, said that the forum was approaching his office with its ten-point grievances due to the "persistent apathy" of the Central Board of Direct Taxes (CBDT) in resolving these issues. The CBDT frames policy for the tax ...

Media and policy groups warn draft amendments could expand censorship powers, threaten free speech, and bring independent creators under tighter government control

IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance

IT major signs five-year lease with Onward Coworkx in Noida, reflecting sustained demand for office space amid strong leasing activity in metro cities

USTR flags lack of deemed consent for credit information firms under DPDP Act, says provisions and data rules may affect operations of US credit bureaus in India

Infosys's stock price has corrected 25 per cent thus far in the calendar year 2026, as against 11.4 per cent fall in Nifty 50, on likely threat to revenue growth.

Concerns over rising inflation stemming from potential energy supply disruptions and rationing prompted investors to book profits, while FII outflows added to the market pressure, said Geojit.

Foreign portfolio investors sold IT stocks worth ₹16,949 crore ($1.85 billion) for the month