The Indian IT services industry derives roughly 90 per cent of its revenues from global markets-about 57 per cent from the US and around 28 per cent from Europe
Valuations across the sector remain attractive, but Nomura stays selective. It has rolled forward its valuation framework to H1FY28 while maintaining target multiples.
Analysts at Motilal Oswal expect an AI-driven turnaround in India's IT sector, with Infosys and HCL Tech positioned to benefit as enterprises shift from AI infrastructure to large-scale deployment.
TCS has entered a strategic alliance with TPG, which will invest $1 billion in HyperVault as both firms commit up to Rs 18,000 crore over the coming years to build GW-scale AI data centres
Former Facebook India (now Meta India) MD Kirthiga Reddy shares insights on building AI-native companies and why established tech firms must move 100x faster
India's IT spending is projected to grow faster than the global average in 2026, driven by rapid expansion of data centres, rising cloud adoption and accelerating investment in GenAI-enabled software
The information technology (IT) cost of the commercial banks, which is around 10-15 per cent of their total expenditure, is also set to increase as they align their systems along the lines of the Act
Karnataka IT Minister Priyank Kharge said the State aims to lead globally in deeptech innovation, emphasising collaboration between government and industry to boost entrepreneurship and talent
The US-based IT services firm will invest $250 million in AI over five years and launch a dedicated AI and Innovation Division, with more than half its 3,800 global employees based in India
Google's $15-billion AI hub in Vizag will anchor India's next big tech ecosystem as the state pivots from special status to investment-led growth, says Nara Lokesh
Mphasis posts double-digit growth in Q2 FY26 with net profit up 10.8 per cent to Rs 469 crore and $528 million in deal wins; BFS pipeline rises 45 per cent on AI-driven demand
The inextricable link between revenue and employee strength is a metric that has been used for the last three decades as a barometer of the health of the $284 billion industry
Infosys, which topped analyst estimates for profit and revenue in the second quarter, sees full-year revenue growth of 2-3%, compared with its prior view of 1-3%
