Page 2 - It Services

Demand for talent returns in India's IT services sector after 3 months

Active tech job openings in India rose 14 per cent month-on-month in July, marking the first upward movement after three months of sustained declines, Xpheno said

IT industry to undergo workforce transition due to AI: Neelkanth Mishra

Neelkanth Mishra says AI will reshape India's IT workforce through reskilling and new roles, while urging stronger research, deep-tech capital and domestic AI capabilities

AI, uncertain macros, volatile geopolitics may cloud IT earnings

Analysts expect another subdued quarter for IT services companies as macroeconomic uncertainty, delayed deal conversions and AI-led pricing pressures weigh on growth and margins

Coding to AI returns: IT's moment of truth as tech reshapes services

Tech firms shift focus from labour arbitrage to outcomes as AI does most of the work

Persistent faces growth, execution worries with Nagarro acquisition

The Nagarro acquisition expands Persistent's global footprint but raises concerns over slower growth, integration challenges and execution risks amid a steep acquisition premium

Tech Mahindra ties up with Perplexity to strengthen AI-led enterprise sales

Tech Mahindra will deploy Perplexity Enterprise Pro across its sales and customer-facing teams to improve access to AI-powered, source-backed insights and strengthen client engagement

Persistent to buy German digital engg firm Nagarro, expand Europe presence

The all-cash acquisition, backed by Nagarro's largest shareholder, will expand Persistent's European presence and is expected to take combined annual revenue to about $2.9 billion

Tech services to remain relevant in AI era: Nasscom US CEO Forum

Nasscom says AI will transform-not replace-Indian IT services, with enterprise AI adoption expected to create a $300-400 billion global opportunity by 2030

IT weighting in Nifty drops to record low amid prolonged sector selloff

Indian IT firms hit their lowest Nifty 50 weight in over two decades as AI disruption fears and a sector-wide selloff erode market influence

Safe harbour 2.0: Bigger net, lingering doubts as firms seek clarity

Revamp raises threshold, but experts warn of interpretational hurdles

Govt's AI strategy problem: Why sovereign models may not be the answer

India should focus on AI talent, innovation and global integration rather than spending public funds on building a sovereign large language model, argue the authors

AI agents: The silent workforce shift across India's IT services industry

Behind the automation wave, India's IT sector is reshaping talent, delivery and the future of work

Coforge aims to double revenue to $5 bn by 2030, says CEO Sudhir Singh

The mid-tier IT firm plans to drive growth through large deals, AI investments, acquisitions and expansion in healthcare, public-sector and GCC businesses

TCS to take additional $70 million blow from DXC Technology case in US

The suit accused TCS of exploiting software access granted to Transamerica employees, who were transferred to TCS in a $2 billion deal

India's IT firms paid record ₹1.3 trillion to shareholders amid AI led disruption

India’s top 16 IT services companies paid a record ₹1.3 trillion to shareholders in FY26 through dividends and share buybacks, marking the fastest growth in payouts in nine years.

Enterprise AI adoption low due to high token usage, low RoI: Cognizant CEO

Cognizant CEO Ravi Kumar says excessive AI token spending without clear business outcomes is widening the gap between AI capabilities and enterprise adoption

Black Box and AIONOS collaborate to accelerate enterprise AI adoption

Black Box and AIONOS partner to accelerate enterprise AI transformation by combining digital infrastructure with AI platforms for global-scale deployment

Wipro raises stake in insurance tech firm Aggne to 80% for $28.5 million

The additional investment in the insurance technology firm is expected to strengthen Wipro's AI- and IP-led transformation capabilities in the property and casualty segment

Infosys CEO Salil Parekh's salary rises 2.5% to ₹82.6 crore in FY26

Infosys CEO Salil Parekh's pay rose 2.5% to ₹82.6 crore in FY26 as the company sharpened its focus on enterprise AI adoption

Happiest Minds banking on large deals to maintain double digit growth

Happiest Minds bets on large deals, AI-led demand, and regional diversification to sustain double-digit growth amid macro uncertainty