Information Technology

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.

IT firms meander through deal-pricing complexity in era of AI agents

As AI agents begin working alongside humans, IT services firms are rethinking time-and-material contracts, experimenting with outcome-based and hybrid pricing models

Infosys stock to open higher on Friday? ADR jumps 10%; FY26 guidance raised

Infosys ADRs surged 10.2 per cent in New York on Wednesday after the company raised its revenue growth guidance for FY26 to 3-3.5 per cent from 2-3 per cent earlier

India's iPhone exports hit ₹2 trillion in CY25, a first since 2021

Apple's iPhone exports from India crossed ₹2 trillion in 2025, marking a major milestone for the PLI scheme and India's fast-deepening electronics manufacturing ecosystem

IT outsourcing may pivot to smaller AI-led deals as mega contracts reset

AI and generative AI (GenAI) are expected to play crucial roles in deal renewals going forward, as clients look to build more efficiencies into their operations and reduce costs

Coforge to buy AI firm Encora for $2.35 billion in all-stock deal

All-stock deal is the biggest acquisition by an Indian IT firm in ER&D space