It Service

KPIT Q3FY26 results: Net profit plunges 29% to ₹133 cr, revenue up 9.5%

KPIT's Q3FY26 profit fell sharply due to labour code provisions, even as revenue rose on Europe recovery and growth in connected and autonomous vehicle services

Persistent Systems eyes expansion in Europe, to cut reliance on US market

Persistent Systems plans to scale up its Europe business to diversify revenues away from the US, as macroeconomic uncertainty, muted IT spending and sector-wide volatility continue to challenge growth

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.

AI fuelling rising demand for India's IT services globally: Wipro CEO

As budget constraints loosen, Wipro is bidding for several small AI deals alongside large- and mega-deals, Pallia said on the sidelines of the World Economic Forum's meeting

Brand Finance: Eight Indian brands in top 25 IT services ranking in 2026

Brand Finance said the combined value of the top 25 IT services brands rose 2% in 2026, with Accenture retaining the top spot and Indian firms accounting for 36% of total brand value

Infosys rally lifts mood, but is worst over for Indian outsourcing firms?

The upbeat forecast for Infosys may have briefly lifted sentiment, but strained India-US ties and tougher immigration rules in its biggest market could pose fresh challenges ahead

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

Management commentary on AI-led demand to be watched closely

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.

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.

Revenue per employee won't rise immediately despite AI intervention: Banga

Nitesh Banga discusses the company's growth plans and why measuring revenue per employee as an indicator of organisational efficiency is still some time away

AI, automation may cut 30% of tech services revenue, says Bain report

A Bain & Co report warns the global tech services industry could lose up to 30% of revenue as growth slows, margins shrink and AI-driven disruption accelerates, pushing firms to overhaul operations

IT is in the headlines but still ranks third in Indian services sector

The services sector's contribution to India's economy more than doubled over the last decade, with IT services GVA growing nearly fourfold despite current industry headwinds

Infosys launches composable stack of AI agents, services, and models

IT services major Infosys on Monday launched the Infosys Topaz Fabric -- a composable stack of AI agents, services, and models designed to accelerate value from enterprise AI investments. The enterprise services delivered through Infosys Topaz Fabric include IT operations, transformation services, quality engineering services, and cybersecurity services, the company said in a regulatory filing. "This is a stack of layered, composable, open and interoperable data infrastructure, models, agents, flows, and AI apps that help unify and accelerate IT service delivery across the enterprise landscape. Infosys Topaz Fabric makes it simple for enterprises to access services-as-software -- both integrated and modular -- through a comprehensive one-shop. "It unlocks enterprise value by reimagining IT processes, building on existing IT investments, and bringing together AI-led capabilities out-of-the-box while avoiding vendor lock-ins," it said. AI agents deliver services alongside humans in t

AI-first startups challenge India's $264 billion IT services giants

AI-native startups are reshaping India's IT services landscape as automation drives efficiency and innovation, with the sector projected to touch $400 billion by 2030

LTIMindtree wins $100 mn deal from US chemicals and polymers firm

The multi-year contract strengthens LTIMindtree's large deal momentum as it delivers AI and automation-led IT transformation for a US-based global manufacturer

GCCs & IT services: Can collaboration amid global headwinds avert a crisis?

Global corporations, including JP Morgan, Fidelity International, Barclays Bank, Lowe's, Lufthansa, McDonald's, and Cargill, are expanding their delivery centres in India

Clash of the titans: Legal disputes among IT services firms on the rise

Platform-based, intellectual property-driven models trigger cases

Capgemini appoints Sanjay Chalke as India CEO, Yardi to retire in 2026

Capgemini has appointed Sanjay Chalke as CEO of its India business effective January 1, 2026, while outgoing CEO Ashwin Yardi will assume the role of non-executive Chairman

IT firms in a flux over H-1B visa fees, but levers exist to mitigate impact

Analysts say Indian IT firms can offset the impact of the $100,000 H-1B visa fee through higher offshoring, reduced new applications, and client cost sharing over the medium term

Question over H-1B fee sees techies, students scrambling for answers

For Arun Kumar (name changed), a techie from south Tamil Nadu, the past 30 hours have been a whirlwind of stress and frantic search for a flight ticket to the US