According to the shareholding pattern of top Indian IT companies, FIIs have trimmed their stake over the last one year amid growing fear that AI is causing significant disruption
HCLTech chairperson Roshni Nadar Malhotra says AI will enhance per-employee productivity and transform entry-level roles, as the firm expands into new areas including semiconductor packaging
The correction in the tech pack has been driven by mounting concerns among investors over the potential impact of AI on the sector's growth outlook
The Nasdaq IT services basket has corrected meaningfully, dragging Indian IT ADRs lower and triggering a risk-off sentiment that has spilled into domestic markets, said ICICI Securities.
Over the past two trading sessions, the Nifty IT index has declined 7 per cent, while losses over the last seven trading days stand at 14 per cent
Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.
TCS, Wipro, Infosys, Coforge, Tech Mahindra, Persistent Systems, HCL Technologies, LTIMindtree and Mphasis were down in the range of 4 per cent to 5 per cent in intra-day trade on Thursday.
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.
The Nifty IT index plummeted 5.9 per cent, the steepest intraday fall since April 7, 2025, with the fall led by Persistent Systems, LTIMindtree, and Infosys
Hong Kong Aero Engine Services Ltd (HAESL) has chosen Indian IT firm HCLTech to modernise its maintenance, repair and overhaul operations. The partnership aims to streamline HAESL's Maintenance, Repair and Overhaul (MRO) processes to boost efficiency and scalability, provide real-time data visibility for quicker decision-making, improve resource utilisation and ensure compliance with global standards. HCLTech will deploy its asset management solution, iMRO/4, as HAESL's Maintenance Execution System (MES) in Hong Kong, HCLTech said in a statement. "By integrating iMRO/4 with SAP S/4HANA, we will enhance end -to- end traceability and provide a single view of the workflow from induction to release. This reduces barriers and improves execution efficiency. "Partnering with HCLTech marks a significant step in our transformation, creating a scalable digital foundation that supports operational excellence and long -term growth ," said Ravinder Bedi, General Manager of Finance & ...
Improved policy optics could encourage US enterprises to advance discretionary tech spending and GCC expansion, even though immediate revenue or margin acceleration for IT firms is unlikely.
Budget 2026 has proposed a tax holiday till 2047 for IT companies providing cloud services using India-based data centres.
Chandan Taparia of Motilal Oswal suggests buying HClTech, SAIL and Oil India; check all details here
The acquisition aligns with HCLTech's strategic focus on strengthening its financial services expertise, particularly in core banking and wealth management, the company said
Stocks to watch today, Wednesday, January 21, 2026: Cyient DLM, Shoppers Stop, HDFC Bank, Tata Steel, and Vikram Solar are among other key stocks to track today.
Analysts anticipate a stronger growth recovery for IT sector in FY27 compared to FY26, driven by an improvement in demand, more stable macro conditions, increased budgetary spending and deal ramp-ups.
Kunal Kamble, technical analyst at Bonanza decodes trading strategies in IT stocks - Infosys, TCS, HCL Technologies, L&T Technology Services and Tata Elxsi post Q3 earnings. Here's what expert says.
Ajit Mishra of Religare Broking has recommended buying Axis Bank, HCL Tech, and Tata Steel shares today
HCLTech has elevated company veteran Sandeep Saxena as Chief Growth Officer - Growth Markets 2, as it sharpens focus on India and other key regions such as West Asia and Africa
Tata Consultancy Services, the IT arm of the Tata Group, has announced an interim dividend as well as a special dividend for its shareholders