Page 2 - It Service

Analysts stay bullish on Infosys after steady Q1 show; Should you buy in?

Backed by large deals, Infosys raised the lower end of its guidance to 1 per cent from nil growth it had guided a quarter earlier. Analysts reiterated their bullish calls

AI-first startups challenge India's $300 billion IT services giants

Venture capital pours into companies like Atomicwork and Nurix AI as autonomous agents promise to reshape enterprise workflows and force legacy players to adapt

Infosys Q1 preview: Profit to dip QoQ even as revenue rises; view estimates

Infosys will report its earnings for the first quarter ended June on Wednesday, with its profit likely to fall 4 per cent sequentially

Tech Mahindra drops 2% after Q1 miss; margin woes ahead or chance to buy?

Tech Mahindra shares fell 2 per cent after the firm reported a sequential decline in first-quarter earnings. Analysts remain cautious over margin improvements

Wipro Q1 preview: IT giant to post muted sequential show amid demand woes

Wipro Q1 preview: IT firm's Q1 revenue may dip 1.7 per cent Q-o-Q; profit likely to fall over 9 per cent, say analysts

India sees highest ever office leasing in H1 2025 at 48.9 mn square feet

Strong demand from Global Capability Centres and flexible office spaces drove India's office leasing to a record 48.9 million sq ft in the first half of 2025

Growth to remain muted for IT services firms in Q1 amid macro uncertainty

Expected to deliver low single-digit growth because of geopolitical headwinds

7 of 10 GenZs plan on switching jobs in 6 months for better pay: Survey

Deel survey finds high dissatisfaction among Indian Gen Z professionals with current pay, despite 11 per cent average hike, as many consider remote global roles

TCS expands SDV capabilities with new centres in Germany and Romania

TCS launches automotive delivery centres in Munich and Villingen-Schwenningen and an engineering hub in Romania to support global shift to software-defined vehicles

Freshworks appoints Ian Tickle as Chief of Global Field Operations

Tickle, previously interim CGFO and head of international sales, will lead Freshworks' global field operations and growth strategy, reporting directly to CEO Dennis Woodside

Clients not scaling back on pure GenAI projects, says Infosys CTO

Companies flagged slowdown during Q4 earnings

Capgemini to help Dai-ichi Life set up GCC in India for digital boost

Dai-ichi Life signs multi-year pact with Capgemini to build a global capability centre in India to accelerate digital transformation and tap into advanced tech talent

Metro AG extends partnership with Wipro for two additional years

Wipro extends its partnership with Metro AG for an additional two years, continuing to provide digital services across cloud, data, application development, and AI-enabled IT support

R Systems shares rise 4% on partnership with AI cost firm Mavvrik

R Systems stock rose 4 per cent after it announced a partnership with Mavvrik to help enterprises gain visibility and precise financial control

LTIMIndtree, Aramco Digital to start IT services company in Saudi Arabia

LTIMindtree and Aramco Digital launch NextEra in Saudi Arabia to accelerate digital transformation, boost local IT services, and support Vision 2030 goals

Currency paradox: Rupee's gain aids macro outlook; risks India Inc earnings

The currency has depreciated by over 3 per cent since March and currently trades at 84.8 against the greenback

Coforge bets on large deals to drive growth despite macro challenges

Despite travel market weakness and global macroeconomic concerns, Coforge expects BFSI, insurance and Gen AI-led deals to sustain strong momentum in FY26

Wipro bags 5-year deal to transform, manage Vorwerk's IT infrastructure

In a BSE filing, Wipro said that the partnership will focus on consolidating Vorwerk's business applications, infrastructure, and cybersecurity into a unified monitoring platform

Transition time: IT services sector to see new winners and losers

American retailers - such as Best Buy, Walmart, and Target - have indicated that higher prices are affecting their sales

IT-ITes revenue over $250 bn, exports account for $200 bn: STPI DG

Revenue of IT and IT-enabled services in the country has crossed USD 250 billion out of which USD 200 billion is from exports, a senior government official said on Wednesday. While speaking at the inaugural session of Indiasoft 2025 and India Electronics Expo, Software Technology Parks of India (STPI), Director General, Arvind Kumar, said that the country's IT-ITes revenue has come a long way from USD 20 million in 1992-93. "This consistent effort of ESC, Government of India and support of ESC types of the organization means that today, from IT-ITes services, we have revenue of more than USD 250 billion. STPI's journey started when we had only USD 20 million in export from this country. It's a journey of USD 20 million to 250 million US dollars out of this USD 200 billion is from export," Kumar said. He said that the Electronics and Computer Software Export Promotion Council has always been very instrumental over the promotion of export from this country. Kumar said that now the ..