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AI disruption, Iran war risks weigh on Indian IT firms' earnings outlook

The sector is weighed down by macroeconomic uncertainty, exacerbated by the West Asia conflict, and the disruptive impact of AI adoption

Indian IT majors set for subdued Q1 as AI shift, weak demand weigh

Analysts expect weak constant-currency growth as AI-led pricing pressure, cautious client spending and geopolitical uncertainty weigh on demand despite currency gains

HCLTech wins $1.14 billion deal from Fortune Global 50 European client

IT services major HCLTech on Friday said it has secured a USD 1.14 billion deal from a Europe-headquartered Fortune Global 50 company to transform and manage its digital workplace and enterprise networks. HCLTech did not disclose the name of the firm. Under the partnership, HCLTech will establish an Artificial Intelligence (AI)-driven operating model for the client, according to a regulatory filing. The initial term of the agreement spans five-and-a-half years, from July 2026 to December 2031, with an option to extend the partnership for a further period of five years. "The estimated value of the agreement during the initial term is USD 1.14 billion. This is entirely a net new business for the company," HCLTech said.

AI, uncertain macros, volatile geopolitics may cloud IT earnings

Analysts expect another subdued quarter for IT services companies as macroeconomic uncertainty, delayed deal conversions and AI-led pricing pressures weigh on growth and margins

Why Sarvam's unicorn round is a test case for India's sovereign AI policy

HCLTech's $150-million investment gives Sarvam capital, credibility and enterprise reach, but India's sovereign AI push must now prove commercial viability

Sovereign models for large nations to be strategic asset: HCLTech CEO

HCLTech's bet on Sarvam AI is aimed at tapping the sovereign AI opportunity in India and globally, says CEO C Vijayakumar

Sarvam AI becomes unicorn after raising $234 mn; HCLTech acquires over 10%

The sovereign AI startup raised $234 million in the first close of its Series B round, with HCLTech emerging as the lead strategic investor

Anthropic episode is a wake-up call: Sarvam Cofounder Vivek Raghavan

Vivek Raghavan, co-founder, Sarvam in a virtual interaction with Shivani Shinde talks about HCLTech's entry as investor, fund raising and sovereign AI. Edited excerpts

SaaSpocalypse unlikely as guidance, EPS robust despite AI fears: CLSA

CLSA found that most SaaS companies have either maintained or increased their revenue and margin guidance for the upcoming fiscal year and beaten consensus EPS

Nifty IT index sinks 4%; HCLTech, Persistent Systems, Coforge dip up to 11%

IT stocks came under sharp selling pressure today after HCLTech's Q4 results and weak growth guidance.

Stock Market Close: Sensex snaps 3-day winning streak, falls 757 pts, Nifty ends below 24,400

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.19 per cent and 1.13 per cent higher, respectively.

Stocks to Watch today, Apr 22: HCLTech, IHCL, SBI Life, Swiggy, BEML

Stocks to Watch today, April 22, 2026: HCLTech, SBI, Swiggy and others will remain in focus; here's why

HCLTech Q4 results: Net profit up 4.2%; slow start to FY27 flagged

Client cutbacks, macro jitters trim growth expectations

HCLTech Q4 results: Net profit rises 4.2% to ₹4,488 cr, revenue up 12.3%

HCLTech CEO and MD C Vijayakumar termed the year as one with an uncertain demand environment

Stocks to Watch today, Apr 21: HCLTech, Nestle, Vedanta, TVS Motor, HPCL

Stocks to Watch today, April 21, 2026: From PNB Housing to HCLTech, here are key stocks that will remain in focus

HCLTech Q4 preview: Product seasonality may hit CC rev; FY27 guidance eyed

HCLTech Q4 results preview: Brokerages tracked by Business Standard estimate HCLTech's net profit at an average of ₹4,716 crore, compared with ₹4,307 crore a year ago

TCS, HCLTech, Wipro, Infosys, Mphasis: Why did Nifty IT rise 3% today?

Individually, Oracle Financial Services Software rallied 4.4 per cent, followed by TCS, Wipro, Persistent Systems, Infosys, Mphasis and LTIMindtree up over 2 per cent

IT firms may post muted Q4; weak INR to cushion earnings; FY27 guidance key

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

IT firms to ramp up acquisitions, may spend up to $7 billion in 2026

Indian IT services firms are expected to increase acquisition spending to up to $7 billion this year, targeting AI, cloud and data capabilities amid a challenging organic growth environment

HCLTech, TCS, Wipro: Nifty IT gains 1% in weak market as rupee falls

In the morning deals, the domestic currency hit a new low at 96.16 against the US dollar