AI deals will gradually shift pricing toward outcome-based models as enterprises move from pilots to execution and demand measurable results, says Seksaria
Coforge, Infosys, Mphasis and Tata Consultancy Services (TCS) slipped over 3 per cent
TCS posted a revenue of ₹70,698 crore, as compared to ₹64,479 crore a year ago, up 9.6 per cent Y-o-Y
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TCS signed one of its highest total contract values (TCV) in the fourth quarter of FY26 at $12 billion. The company had three mega deals in the quarter
IT major rolls out pay increases effective April 1 across grades, even as headcount declines year-on-year and the company steps up investments in AI-ready workforce
IT major to support Marks & Spencer's AI-led digital transformation as the retailer accelerates its omnichannel strategy and invests in future-ready technologies
The IT sector is expected to have a subdued quarter, with revenues likely to remain flat due to the ongoing geopolitical situation
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All 10 constituents of the Nifty IT index were trading sharply higher. Mphasis, Wipro, Oracle Financial Services Software, HCL Tech, and TCS rose over 2 per cent each
Brokerages tracked by Business Standard estimate TCS' net profit at an average of ₹13,918.6 crore, compared with ₹12,224 crore a year ago, up 13.86 per cent year-on-year (Y-o-Y)
Beyond $90/bbl is when the decline steepens and things worsen as inflation starts eating into savings, impacting spend that gets especially bad for consumer sectors, Bernstein said in a recent note.
IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance
Earlier in FY20, the benchmark Sensex tanked 23.8 per cent due to the outbreak of the Covid-19 pandemic, while the Nifty 50 crashed 26.03 per cent.
In the past year, TCS's share price has plunged by 34 per cent, compared to a 4.6 per cent fall in the BSE Sensex.
In the morning deals, the domestic currency hit a new low at 96.16 against the US dollar
Individually, Mphasis shares were up 3.15 per cent, followed by Infosys, Tech Mahindra, Persistent Systems, HCLTech, Oracle Financial Services Software, and LTIMindtree up over 2 per cent.
A total of 100 stocks from the Nifty 500 index registered new 52-week lows on Monday as selling intensified amid escalating geopolitical tensions.
Indian IT services company to drive aviation services provider's AI transformation, Cloud modernisation
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