It Sector

TCS eyes tieups with Microsoft, AWS, Nvidia, Google for data-centre biz

TCS is in discussions with Microsoft, AWS, Google and Nvidia to co-develop enterprise solutions for its HyperVault data centre business

Indian IT services majors emerge as key bidders for US Bancorp's GCCs

Indian IT majors vie for mandate as American bank plans insourcing rampup

Enhancing margins: Weak rupee a silver lining for IT services companies

The Indian IT services industry derives roughly 90 per cent of its revenues from global markets-about 57 per cent from the US and around 28 per cent from Europe

India IT sector nearing FY27 revival; AI ramp-up to be key, says Nomura

Valuations across the sector remain attractive, but Nomura stays selective. It has rolled forward its valuation framework to H1FY28 while maintaining target multiples.

IT stocks set for AI-led revival; Infy, HCL among Motilal Oswal's top bets

Analysts at Motilal Oswal expect an AI-driven turnaround in India's IT sector, with Infosys and HCL Tech positioned to benefit as enterprises shift from AI infrastructure to large-scale deployment.

TPG to pump $1 billion into TCS data centre business HyperVault

TCS has entered a strategic alliance with TPG, which will invest $1 billion in HyperVault as both firms commit up to Rs 18,000 crore over the coming years to build GW-scale AI data centres

India can be the most important country in the world for AI: Kirthiga Reddy

Former Facebook India (now Meta India) MD Kirthiga Reddy shares insights on building AI-native companies and why established tech firms must move 100x faster

India's IT spend may rise 10.6% to $176 billion in 2026: Gartner

India's IT spending is projected to grow faster than the global average in 2026, driven by rapid expansion of data centres, rising cloud adoption and accelerating investment in GenAI-enabled software

India's DPDP rules: Compliance cost likely to rise for companies

The information technology (IT) cost of the commercial banks, which is around 10-15 per cent of their total expenditure, is also set to increase as they align their systems along the lines of the Act

MFs split on IT revival as outlook improves but uncertainties remain

Split wide open as sector exposure swings from defensive 5% to bold 18%

IT recovery key for Info Edge as Q2 growth lags on weak hiring trends

Recruitment gains in non-tech, real estate, matrimony cushion impact of weak tech hiring

Trump recognises H1-B talent as Indian tech leaders assess policy signals

President Trump's acknowledgement of the importance of H1-B talent has boosted sentiment in India's tech sector

Priyank Kharge: Govt-industry ties vital for India's deeptech growth

Karnataka IT Minister Priyank Kharge said the State aims to lead globally in deeptech innovation, emphasising collaboration between government and industry to boost entrepreneurship and talent

Ensono bets $250 mn on AI to modernise IT services, expand in India

The US-based IT services firm will invest $250 million in AI over five years and launch a dedicated AI and Innovation Division, with more than half its 3,800 global employees based in India

Google investment will put Vizag on global map, says Nara Lokesh

Google's $15-billion AI hub in Vizag will anchor India's next big tech ecosystem as the state pivots from special status to investment-led growth, says Nara Lokesh

Mphasis Q2 profit rises 10.8% to ₹469 cr on strong AI-led deal wins

Mphasis posts double-digit growth in Q2 FY26 with net profit up 10.8 per cent to Rs 469 crore and $528 million in deal wins; BFS pipeline rises 45 per cent on AI-driven demand

Too early to decouple revenue, headcount, says Coforge CEO Sudhir Singh

The inextricable link between revenue and employee strength is a metric that has been used for the last three decades as a barometer of the health of the $284 billion industry

Tax tweak may tilt Infosys buyback in favour of retail, mutual funds

Tech major to repurchase 100 mn shares at Rs 1,800 - 18% above current price

Q2 early-bird results show an uptick in corporate revenue, earnings growth

Recovery in revenue and profit growth led by companies in cyclical sectors

IT sector shows signs of recovery as clients warm up to AI-led projects

Infosys, which topped analyst estimates for profit and revenue in the second quarter, sees full-year revenue growth of 2-3%, compared with its prior view of 1-3%