IT Services

Coforge, OFSS defy ₹6 trillion rout in IT stocks, rally up to 59% YTD

Analysts believe stronger earnings visibility and company-specific growth drivers have managed to drive this outperformance.

Updated On: 02 Sep 2026 | 12:57 PM IST

Largecap IT finds no place in one-fourth of focused funds

Two schemes, including SBI Focused Fund, have no IT services exposure

Updated On: 02 Sep 2026 | 7:21 AM IST

IT services hiring demand hits 18-month high in September: Xpheno

Active demand in IT services has risen to 57,000 roles, with mid-senior and senior positions accounting for nearly 60 per cent as employers prioritise AI, cloud and digital skills

Updated On: 01 Sep 2026 | 11:27 PM IST

HCLTech sets up Wacker Chemie global capability centre in Pune, India

The Pune GCC will support Wacker Chemie's engineering, IT and digital transformation initiatives, while providing a future-ready delivery foundation

Updated On: 27 Aug 2026 | 5:14 PM IST

AI can lower price of IT projects by up to 25%, says Hexaware CEO

As AI helps to improve efficiency, customers could demand 20%-25% lower fees for some of the work Hexaware accomplishes currently, CEO Srikrishna Ramakarthikeyan said

Updated On: 26 Aug 2026 | 8:32 AM IST

35 years of liberalisation: How IT sector became India's dollar engine

India's IT industry was built not just on Y2K, but on the 1991 reforms that opened capital, technology, telecom and global markets, creating a powerful engine of exports and foreign exchange

Updated On: 12 Aug 2026 | 11:24 AM IST

Happiest Minds confident of maintaining guidance this fiscal: CEO

Happiest Minds reaffirmed its 12.5% growth guidance, betting on AI demand, strong deal wins and regional expansion despite global economic and geopolitical uncertainty

Updated On: 28 Jul 2026 | 11:22 PM IST

Cognizant deepens Anthropic tie-up with Claude Partner Network expansion

IT services firm deepens collaboration with Anthropic to help enterprises deploy Claude-powered AI solutions across regulated industries and business operations

Updated On: 28 Jul 2026 | 12:35 AM IST

Mphasis says clients more 'amenable' to outcome pricing amid AI-led deals

The IT services firm says AI-led transformation is driving greater client interest in outcome-based pricing, though such contracts still account for a small share of revenue

Updated On: 26 Jul 2026 | 11:29 PM IST

IT firms Q1 growth not enough to offset AI's impact on traditional biz

Top IT firms reported muted growth as macroeconomic uncertainty, weak discretionary spending and AI-led disruption continued to weigh on traditional revenue streams

Updated On: 24 Jul 2026 | 11:06 PM IST

Ashiss Dash to be Infosys CEO; to take over from Salil Parekh in April 2027

The Infosys veteran will take over as chief executive officer and managing director from April 1, 2027, after Salil Parekh completes his second term at the IT major

Updated On: 23 Jul 2026 | 11:44 PM IST

Infosys Q1 results: Net profit rises 12.2% to ₹7,769 cr, revenue up 14%

Infy trims FY27 revenue guidance

Updated On: 23 Jul 2026 | 11:39 PM IST

Cognizant bags multi-million-dollar deal from US health insurer Centene

Cognizant secures a $500 million deal from US health insurer Centene to deploy its TriZetto platform, strengthening its healthcare IT business amid weak demand

Updated On: 21 Jul 2026 | 10:28 PM IST

GCCs struggle to go beyond cost arbitrage in AI era, shows data

India's GCC sector faces a structural reset as AI and automation expose centres focused on routine work, forcing companies to shift towards innovation and strategic ownership

Updated On: 17 Jul 2026 | 11:17 PM IST

AI will not diminish role of IT services: Tech Mahindra's Anand Mahindra

The Tech Mahindra chairman said AI will transform rather than replace IT services and called for India to build sovereign AI capabilities through trusted innovation

Updated On: 17 Jul 2026 | 8:46 PM IST

Tech Mahindra posts 28.4% rise in Q1 FY27 profit, misses estimates

Revenue from operations increased 17.7 per cent to ₹15,711.9 crore, while EBIT rose 53.3 per cent and new deal wins reached $1.08 billion

Updated On: 16 Jul 2026 | 11:04 PM IST

Cautious outlook for HCLTech despite strong deal pipeline, execution

Robust bookings, steady execution contrast with conservative revenue guidance

Updated On: 14 Jul 2026 | 10:25 PM IST

TCS expands ABB partnership with multi-year AI network operations deal

Under the expanded partnership, TCS will deliver end-to-end global network operations for ABB through an AI-driven network-as-a-service model. The deal value was not disclosed

Updated On: 13 Jul 2026 | 7:48 PM IST

Token costs a concern for many customers, says TCS CEO K Krithivasan

Krithivasan and Seksaria discuss artificial intelligence revenue, rising token costs, and increasing AI spends

Updated On: 13 Jul 2026 | 12:05 AM IST

UST ties up with Anthropic to deploy Claude for clients across sectors

UST will embed Anthropic's Claude into enterprise workflows for clients and train 20,000 employees to accelerate AI adoption across healthcare, telecom and banking

Updated On: 08 Jul 2026 | 5:19 PM IST