Information Technology

Infosys stock hits lowest level since Dec 2020; market cap dips below ₹5 tn

Infosys's stock price has corrected 25 per cent thus far in the calendar year 2026, as against 11.4 per cent fall in Nifty 50, on likely threat to revenue growth.

BSE FMCG, IT, Realty indices hit 52-week lows; down up to 13% in 1 month

Concerns over rising inflation stemming from potential energy supply disruptions and rationing prompted investors to book profits, while FII outflows added to the market pressure, said Geojit.

Foreign outflows from IT stocks at 7-month high in Feb on AI shockwaves

Foreign portfolio investors sold IT stocks worth ₹16,949 crore ($1.85 billion) for the month

Best of BS Opinion: New GDP series welcome, but more needs to be done

A new GDP base year, US-Israel strikes on Iran, India's urban planning crisis, and artificial intelligence's impact on the IT sector dominate today's Opinion page

As AI grows, legacy will compress: McKinsey & Company's Noshir Kaka

McKinsey's Noshir Kaka says AI disruption could unlock a $15 trillion opportunity, but IT services firms must overhaul business models, talent, and pricing to win

Suzlon, Ola Electric, Bata, RPower, Wipro hit 52-week lows in firm market

Wipro, Cyient, Hexaware Technologies, KPIT Technologies and L&T Technology Services from the IT sector and Info Edge (India) and C.E. Info Systems from the IT-related sector hit 52-week lows on Monday

Disrupting the disruptor: How AI forces IT services to redefine their role

The pivot to AI-driven models marks a structural shift - one that is fundamentally changing the $285 bn industry

Meta warns India's three-hour takedown rule may trigger wrongful removals

Meta's Rob Sherman says India's new rule requiring takedowns within three hours may lead to inadvertent removal of genuine content as companies struggle to verify requests

Street signs: AI storm could hit other pockets, GIFT City's master key

AI fears widen beyond IT to wealth management, while APMI tightens fund-flow norms and GIFT City rolls out a single-window 'master key' registration

AI must remain human-centric, inclusive: IT Secretary ahead of mega summit

Ahead of the AI Impact Summit, IT Secretary S Krishnan has said the key message India wants to send to the world is that artificial intelligence must remain human-centric and inclusive, with democratic access to AI resources. In an interview with PTI, Krishnan said AI should be a positive force for the global economy, with the potential to drive growth across all parts of the world, including India and the Global South. "The key message that we want to send is that whatever happens with AI needs to be human-centric and inclusive. There needs to be a democratic access to AI resources, and it needs to be done in a way that people and humans are at the centre of this process," Krishnan said. As countries prepare for deeper AI-adoption across sectors, India is positioning itself as a voice for equitable growth in the emerging technology landscape. According to Krishnan, the broader goals are to ensure that AI becomes a truly inclusive technology, with the benefits of prosperity reachin

Artificial intelligence fears push Nifty IT to over nine-month low

Nifty IT slides 6% as AI disruption fears and fading US rate-cut hopes trigger sharp sell-off in frontline tech stocks

India AI Mission warns no fees needed for AI Impact Summit registration

The India AI Mission has issued an alert warning participants that no fee is charged for registration, participation or speaking at the AI Impact Summit starting February 16 in New Delhi

Worst week in 4 months: Claude casts a long shadow over Indian IT stocks

Indian IT stocks recorded their worst weekly performance in four months, losing over Rs 6.4 trillion in market capitalisation

IT index down 9% in 4 days; at 3-mth low; what's making the Street nervous?

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.

Budget 2026 playbook: Brokerages identify 5 sectors that will benefit most

FM Sitharaman announced a tax holiday until 2047 for foreign companies providing global cloud services from India, provided services to Indian customers are routed via an Indian reseller

Google India profit flat at ₹1,437 crore in FY25 as revenue dips 3.2%

Google India registered a flat standalone profit of Rs 1,436.9 crore in the financial year ended March 2025 due to lower revenue and higher employee and tax expenses, according to a regulatory document shared by market intelligence firm Tofler. The company logged a profit after tax of around Rs 1,425 crore in the preceding financial year. When contacted, a Google India spokesperson said that the financial numbers of 2025 were not comparable with those of 2024. "Profit of Rs 1,425 crore for 2024 includes profit from the IT division. The IT division was demerged into a separate company (Google IT Services), so the 2025 GIPL profit numbers do not reflect IT division profit," the spokesperson said. The spokesperson further said that the net revenue for 2024 includes adjustment (addition) of Rs 229 crore, which pertains to the revenue of fiscal years 2016-17 to 2022-23 but reflected in 2024 based on the BAPA agreement signed with the Indian government. A note in the company's financial

Any firm not taking IT seriously will not sustain for long: Bhattacharya

Former SBI chief Arundhati Bhattacharya says AI is reshaping leadership and banking, urging firms to embrace technology to drive inclusion, agility and better customer service

Learnability as a skill more critical than ever: Mphasis CEO Nitin Rakesh

As AI reshapes IT hiring, Mphasis has dropped campus recruitment, betting on internships, hackathons and learnability over credentials in the age of GenAI

Meity may cut compliance timeline for key DPDP rules to 12 months

Proposed move to shorten implementation time to 12 months from 18 months is likely to face resistance from industry players

LTIMindtree soars 6% in 2 days; stock hits 52-week high

Analysts believe that access to larger deals, a strong deal pipeline, presence in diversified segments, and a solid active client base will support healthy revenue growth over the medium term.