Indian It Sector

AI push by firms like Starbucks poses new threat to India's IT sector

As companies build AI-powered in-house systems, India's IT services firms risk losing lucrative software maintenance contracts that have long underpinned the country's outsourcing industry

HCL Tech Q1 preview: Revenue growth to remain weak, guidance cut likely

HCL Tech Q1 results expectation: HCL Technologies will post its Q1FY27 results on July 13 after market hours. The company's board will also consider second interim dividend.

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

Best of BS Opinion: Direction and delivery are not the same

From AI and EVs to cooperative banks and data governance, India's transformation will depend less on ambition and more on effective institutions and execution

TCS to Infosys: 9 out of 10 Nifty IT stocks trade up to 27% below 200-DMA

The Nifty IT currently quotes around 20 per cent below its 200-DMA. TCS, Infosys, Wipro and HCL Technologies are down in the range of 21-26 per cent form respective 200-DMAs.

Fallen on hard times: AI pressure is mounting on the Indian IT industry

AI-led disruption, weak client spending and the rise of GCCs are reshaping India's IT sector, weighing on earnings, hiring and stock valuations

India IT cos generating $10-12 bn in AI revenue, set for growth: Nasscom

The Indian technology services industry is already generating an estimated USD 10-12 billion in revenue from artificial intelligence (AI) services, with nearly a quarter of companies successfully moving AI experiments into production, industry body Nasscom said. Dismissing concerns that the rise of AI could diminish the relevance of traditional IT services, industry leaders at the Nasscom US CEO Forum in New York City said that the sector remains central to global enterprise transformation in the AI era. "While AI will bring productivity gains and compress parts of standardised, repeatable work, it will also expand demand for technology orchestration, data readiness, application modernisation, AI governance, cybersecurity, agent management and industry-specific solutions. "Nearly 25 per cent of technology services companies have moved AI experiments into production. The industry is generating an estimated USD 10 to 12 billion in AI services revenue, with more than 2 million ...

India tech giants struggle to recover from $115 billion stock rout

The companies rose to prominence in the late 1990s by helping Western firms solve the Y2K bug, which had threatened computer chaos at the turn of the millennium

LTM offers to buy Randstad's Europe, Australia businesses for €160 million

LTM plans to acquire Randstad's Europe and Australia tech units for €160 million to deepen AI, cybersecurity and digital engineering capabilities

HCL Technologies, Infosys at 52-week lows; shares slide up to 17% in 1 week

Analysts believe HCL Technology's softer revenue guidance versus expectations and an AI deflation impact of 3-5% will likely raise concerns about overall industry growth for FY27.

AI, Iran, and capital flows: Warning signs for India's middle class

Job losses, reduced asset values, increased inflation can have many long term impacts on the morale and the social fabric that will be hard to predict

Tech Mahindra Q4 results: Net profit rises 16% to ₹1,354 cr, revenue up 13%

Tech Mahindra reported a 16 per cent rise in Q4 FY26 net profit, while revenue grew 12.6 per cent year-on-year, though profit missed Bloomberg estimates

TCS flat ahead of Q4 results; investors watch for AI progress, deal TCV

The IT sector is expected to have a subdued quarter, with revenues likely to remain flat due to the ongoing geopolitical situation

Q4 results preview: IT cos set for soft finish to FY26 as war clouds gather

West Asia conflict, GenAI fears, and cautious clients weigh on demand

Earnings outlook for Indian IT sector remains subdued: Geojit's Vinod Nair

AI adoption is reshaping cost structures, leading to shorter project timelines and thereby layoffs in low-skill roles, said Geojit's Vinod Nair

To trade coders for AI 'Legos', India needs a smarter long-term deal

As India pivots from software services to AI token "factories" with tax breaks for global firms, questions arise over jobs, skills and the future of its $200 billion IT export engine

Clouds of uncertainty: AI disruption puts India's IT sector in rethink mode

Industry converges at 34th Nasscom Technology & Leadership Forum 2026 beginning today

India-EU FTA: One-stop hub to aid movement of skilled professionals to EU

Supports IT services industry and students

Mphasis Q3 in line; AI-led deal pipeline lifts FY27 growth hopes: Analysts

Nomura said the quarter was "largely in line," noting that revenue growth was marginally ahead of its estimate and that margins were close to expectations.

Persistent Systems slips 5% on profit booking despite strong Q3 show

Persistent Systems share price today: Market participants attributed the decline largely to profit booking after a sharp rally over the past few months rather than any deterioration in fundamentals.