Page 2 - It Services

AI deals keeping pipeline steady, says LTIMindtree CEO Venu Lambu

LTIMindtree sees strong growth visibility as a robust pipeline of renewals and AI-native deals spills into next fiscal, even amid an unchanged macro environment

ITC Infotech CEO and MD Sudip Singh steps down after seven years

ITC Infotech CEO Sudip Singh has stepped down after seven years, with president and COO Manas Chakraborty set to take over the top role

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

India's invisible AI boom: Why early tech gains are not showing up in GDP

AI is already reshaping how Indians work-but its biggest gains lie in speed, quality, and coordination, not yet in the productivity numbers we rely on

Equities decline amid renewed tariff threat, weakness in IT majors

Nifty slips after hitting fresh intraday high

Crisil Analysis: IT sector revenue growth to remain modest in 2026-27, too

AI, GenAI to drive growth in the medium term; GCCs, global uncertainties pose key risks

UP ramps up services to achieve $50 bn export goal, eyes $1-trn economy

To hit its $50-billion export target by 2030, Uttar Pradesh is ramping up services exports, focusing on IT and global capability centres under a new policy push

HCLTech buys telco solutions business from HPE for nearly $160 million

The deal will also help HCLTech to beef up its engineering and AI-led network propositions to global communication service providers

TCS annualised AI revenue at $1.5 billion, says CEO K Krithivasan

TCS has disclosed for the first time that its annualised AI revenue is about $1.5 billion, as investors seek clarity on returns from large AI investments across IT services firms

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.

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

HCLTech in collaboration with Nvidia launches physical AI innovation lab

HCLTech partners with Nvidia to launch a Santa Clara lab that helps global enterprises build, test and scale physical AI and robotics solutions for next-gen industrial automation

DPDP Act: IT services firms likely to have a short learning curve

Despite higher compliance costs, India's top IT firms expect minimal disruption from DPDP Rules 2025, leveraging years of experience with global data-privacy frameworks

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

Hexaware acquires CyberSolve for $66 mn to strengthen cybersecurity play

Hexaware Technologies will acquire US-based CyberSolve for $66 million to expand in identity access management and cybersecurity services amid a surge in AI-driven global cyber threats

Nasdaq-listed Cognizant lifts revenue guidance on strong client spending

Strong Q3 revenue growth and client investments in digital modernisation drive optimism

Kerala eyes $50 billion IT value by 2031 with new digital vision plan

The draft IT Vision 2031 aims to generate 5 lakh jobs, attract Rs 20,000 crore in startup investments, and make Kerala a global hub for ethical and sustainable technology

Nifty IT set for best month since July 2024; but is it out of the woods?

Analysts remain mixed on IT stocks' outlook, with some cautioning that the optimism around the technology pack could be short-lived

LTTS expects headcount drop in third quarter as more work gets automated

AI-driven automation is helping LTTS decouple revenue growth from workforce expansion, with productivity gains expected to reduce headcount in Q3