Page 2 - It Sector

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

Supports IT services industry and students

Cautious near-term outlook to weigh on Info Edge amid weak IT hiring

The company's billings in Q3 for the Naukri or recruitment segment were up 11 per cent year-on-year but were lower than Street expectations

Coforge CEO Sudhir Singh expects PE investor to open new growth channels

Coforge CEO Sudhir Singh says Advent International's board entry and the Encora acquisition will open new growth channels as deal momentum and AI-led demand stay strong

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.

LTIMindtree shares slide 7% as near-term margin pressures worry investors

Analysts broadly agree that execution on large deals, margin discipline and progress on the CEO's strategic priorities will be key to driving growth beyond the current fiscal.

Signs of recovery: IT sector's results promising, guidance lifts outlook

Infosys and HCL Tech have both materially raised guidance. TCS has said that it expects FY26 international revenues to exceed the level of FY25

Infosys Q3 net profit down 2.2% at ₹6,654 crore on new Labour Codes

Infosys raised its FY26 revenue growth guidance to 3-3.5 per cent despite a 2.2 per cent year-on-year decline in Q3 profit, supported by strong deal wins and pipeline momentum

IT companies double down on work from office rules amid AI disruption

Experts say a slow growth environment and shorter project life cycles in the age of artificial intelligence (AI) have made these firms double down on office presence and being closer to their clients

Q3FY26 results preview: IT companies' growth likely to remain muted

Management commentary on AI-led demand to be watched closely

₹1-trillion-mcap firms grew 14% in 2025 despite market turbulence

Despite market volatility, India's ₹1-trillion market-cap club expanded in 2025, driven by IPOs, largecap dominance and sectoral shifts

IT cos eye CY26 rebound as AI demand outweighs Q3 weakness: Motilal Oswal

After a modest recovery in Q2 on low expectations, Motilal Oswal expects December quarter (Q3) to revert to typical seasonal softness, with furloughs weighing on growth across large IT services firms.

Sensex@40: Legacy companies make way for modern businesses on the index

Over four decades, traditional players have ceded significant ground to state-run enterprises and new, institutionally owned businesses that now drive market growth

Risk of AI disruption to white-collar jobs lower in India: IT Secretary

India faces a lower risk of AI-driven disruption to cognitive jobs compared to Western economies, IT Secretary S Krishnan has said, citing the country's relatively lower proportion of white-collar roles in the overall workforce, and highlighted that the dominance of STEM-based employment can yield newer opportunities. Krishnan said AI's (Artificial Intelligence) real impact will come from building and deploying sector and use-specific applications, a process that will require large numbers of trained professionals. He added that this is where India's strength lies and where new AI-driven job opportunities will emerge. "... For India, where the number of white-collar jobs relative to other jobs is much lower than in the West, this risk to cognitive jobs, I don't think, is as serious as it is in other places. Also, the fact that most of our white-collar jobs are in the STEM space and... means that we have an opportunity...," Krishnan told PTI in an interview, as he weighed in on the AI

Accenture Q1 results signal steady outlook for Indian IT amid muted demand

Nomura said it prefers Infosys and Cognizant among large-cap IT services firms, Coforge in mid-caps and eClerx in small-caps.

Analysts see up to 54% upside in Coforge; Nomura calls it top midcap IT bet

Nomura, which termed Coforge its "top pick in the mid-cap India IT services sector," said the company is banking on a solution-led sales strategy to maintain its growth trajectory.

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.