Information Technology

Indian IT stocks recorded their worst weekly performance in four months, losing over Rs 6.4 trillion in market capitalisation

Cyient, Birlasoft, Cigniti Technologies, eClerx Services and Tata Technologies were down between 4 per cent and 6 per cent in Friday's intra-day trade.

FM Sitharaman announced a tax holiday until 2047 for foreign companies providing global cloud services from India, provided services to Indian customers are routed via an Indian reseller

Google India registered a flat standalone profit of Rs 1,436.9 crore in the financial year ended March 2025 due to lower revenue and higher employee and tax expenses, according to a regulatory document shared by market intelligence firm Tofler. The company logged a profit after tax of around Rs 1,425 crore in the preceding financial year. When contacted, a Google India spokesperson said that the financial numbers of 2025 were not comparable with those of 2024. "Profit of Rs 1,425 crore for 2024 includes profit from the IT division. The IT division was demerged into a separate company (Google IT Services), so the 2025 GIPL profit numbers do not reflect IT division profit," the spokesperson said. The spokesperson further said that the net revenue for 2024 includes adjustment (addition) of Rs 229 crore, which pertains to the revenue of fiscal years 2016-17 to 2022-23 but reflected in 2024 based on the BAPA agreement signed with the Indian government. A note in the company's financial

Former SBI chief Arundhati Bhattacharya says AI is reshaping leadership and banking, urging firms to embrace technology to drive inclusion, agility and better customer service

As AI reshapes IT hiring, Mphasis has dropped campus recruitment, betting on internships, hackathons and learnability over credentials in the age of GenAI

Proposed move to shorten implementation time to 12 months from 18 months is likely to face resistance from industry players

Analysts believe that access to larger deals, a strong deal pipeline, presence in diversified segments, and a solid active client base will support healthy revenue growth over the medium term.

As AI agents begin working alongside humans, IT services firms are rethinking time-and-material contracts, experimenting with outcome-based and hybrid pricing models

Infosys ADRs surged 10.2 per cent in New York on Wednesday after the company raised its revenue growth guidance for FY26 to 3-3.5 per cent from 2-3 per cent earlier

Apple's iPhone exports from India crossed ₹2 trillion in 2025, marking a major milestone for the PLI scheme and India's fast-deepening electronics manufacturing ecosystem

AI and generative AI (GenAI) are expected to play crucial roles in deal renewals going forward, as clients look to build more efficiencies into their operations and reduce costs

All-stock deal is the biggest acquisition by an Indian IT firm in ER&D space

India faces a lower risk of AI-driven disruption to cognitive jobs compared to Western economies, IT Secretary S Krishnan has said, citing the country's relatively lower proportion of white-collar roles in the overall workforce, and highlighted that the dominance of STEM-based employment can yield newer opportunities. Krishnan said AI's (Artificial Intelligence) real impact will come from building and deploying sector and use-specific applications, a process that will require large numbers of trained professionals. He added that this is where India's strength lies and where new AI-driven job opportunities will emerge. "... For India, where the number of white-collar jobs relative to other jobs is much lower than in the West, this risk to cognitive jobs, I don't think, is as serious as it is in other places. Also, the fact that most of our white-collar jobs are in the STEM space and... means that we have an opportunity...," Krishnan told PTI in an interview, as he weighed in on the AI

The founder of Aditya Infotech says the rollout of STQC norms has improved trust and compliance in India's surveillance market, and helped the firm scale up capacity and gain market share

GCCs outpace traditional IT giants in taking in talent as they pivot from basic operations to strategic AI, marking a decisive shift from maintenance to modernisation

Co-founded by Robert Ross and Dylan Nielsen in 2018, FireHydrant has deep expertise in IT and DevOps with customers across consumer and business industries, including Palo Alto Networks, BP, and Qlik

$1.59 billion in contracts fires revenue boosters; margin gains provide sustained lift

The government is considering major amendments to the IT Rules 2021 to restrict obscene, defamatory or misleading digital content and introduce stricter content ratings and penalties for violations

US-based IT firm Kyndryl on Thursday announced a three-year partnership renewal with Vodafone Idea (Vi) to transform the telecom operator's IT operations and provide a unified and integrated cyber resilience framework. Kyndryl will develop and implement a cyber resilience framework centred on security governance, zero-touch services, data protection, identity and access management, security operations, and incident recovery. The company will also revamp Vi's cybersecurity architecture to improve compliance with upcoming regulatory requirements, the company said in a statement. Further, Kyndryl will deploy a next-generation IT operations delivery model based on advanced automation and data-driven insights, alongside driving large transformation projects in backup, storage management and continuous data protection (CDP) to provide the telco with enhanced operational agility and reduce costs. Vodafone Idea will continue to use Kyndryl Bridge, an AI-driven integration platform, to boos