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India's information technology behemoths continue to dominate the global landscape, with Tata Consultancy Services (TCS) and Infosys maintaining their positions as the world's second and third most valuable IT services brands, respectively, according to the latest IT Services 25 (2026)' report by Brand Finance. India stood toe-to-toe with the US in the global IT rankings, with both nations fielding eight firms each in the top 25 list. The report, which tracks the brand value and strength of the world's leading IT firms, highlighted that Accenture (USD 42.2 billion brand value) has retained its position as the world's most valuable IT services brand for the eighth consecutive year. According to the report, TCS the world's second most valuable IT Services brand for the fifth year in a row holds a brand value of USD 21.2 billion in 2026. Infosys, with a brand value of USD 16.4 billion, was termed as the fastest growing IT Services brand over the past 6 years, with a brand value CAGR
The combined market valuation of three of the top-10 most valued firms jumped Rs 75,855.43 crore in a holiday-shortened last week, with State Bank of India and Infosys emerging as the biggest gainers, in an otherwise sluggish trend in equities. Last week, the BSE benchmark Sensex dipped 5.89 points, and the NSE Nifty went up by 11.05 points. While ICICI Bank, State Bank of India and Infosys were the gainers, Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Bajaj Finance, Hindustan Unilever and Larsen & Toubro faced a combined erosion of Rs 75,549.89 crore from their valuation. The combined erosion of these seven firms was less than the total m-cap addition of Rs 75,855.43 crore of the three companies - ICICI Bank, State Bank of India and Infosys. SBI's market valuation jumped Rs 39,045.51 crore to Rs 9,62,107.27 crore, becoming the biggest gainer. The market capitalisation (mcap) of Infosys surged Rs 31,014.59 crore to Rs 7,01,889.59 crore. ICICI ..
Infosys CEO and Managing Director Salil Parekh on Wednesday clarified that no employee of the IT major has been apprehended by US authorities, dismissing viral social media reports about a purported deportation of a staffer. During the company's Q3 earnings call, Parekh, responding to a specific question, said the rumours that had been circulating online over the past few days. "No Infosys employee has been apprehended by any US authority. A few months ago, one of our employees was denied entry into the US and was sent back to India," Parekh said. The clarification comes in the wake of a post on social media platform X by a user named Chetan Anantharamu, which went viral earlier this week. The post narrated what Anantharamu described as a "wild wild story" involving an Infosys employee from Mysuru who was allegedly on-site for a project in the United States. According to the post, the employee was purportedly "picked up by ICE (Immigration and Customs Enforcement) agents and given