IT Q4 results preview: While the recent sharp depreciation of INR against the USD is likely to provide a significant cushion to earnings, the focus has shifted toward FY27 guidance
The technology sector has seen major job cuts recently, with companies including Oracle, TCS, Amazon, Microsoft, Intel and Block cutting thousands as they restructure and invest in AI
Indian IT services firms are expected to increase acquisition spending to up to $7 billion this year, targeting AI, cloud and data capabilities amid a challenging organic growth environment
In the morning deals, the domestic currency hit a new low at 96.16 against the US dollar
Indian IT services company to drive aviation services provider's AI transformation, Cloud modernisation
Stocks to Watch today, March 20: HDFC Bank, TCS, NTPC, JSW Cement, and Nestle India are among the top stocks to watch today
"We are having discussions with multiple other hyperscalers," said Chief Executive Officer K Krithivasan during an interview at the company's offices in London.
From Palo Alto Networks to Accenture, companies are tying AI usage to evaluations and promotions as rising investments in AI tools drive pressure for measurable productivity gains
AI adoption is reshaping cost structures, leading to shorter project timelines and thereby layoffs in low-skill roles, said Geojit's Vinod Nair
Indian IT majors including Tata Consultancy Services, Infosys and Wipro suspend travel and urge staff in West Asia to stay indoors as the US-Israel-Iran conflict shuts airspace across the region
Stocks to Watch today, February 26, 2026: IRFC, RVNL, Sanofi India are among shares that will be eyed by investors today
TCS CEO K Krithivasan says associates should adopt AI proactively and offer AI-first solutions to clients, even if it cannibalises existing revenue streams
According to the shareholding pattern of top Indian IT companies, FIIs have trimmed their stake over the last one year amid growing fear that AI is causing significant disruption
TCS CEO K Krithivasan said AI will not cause significant job shrinkage in software engineering, noting evolving roles and sustained need for system integration despite rising automation
Tata Sons chairman N Chandrasekaran says AI can transform society and businesses and must be adopted across jobs, as OpenAI CEO Sam Altman flags safety and deployment challenges
Tata Group and TCS join hands with OpenAI to set up a 100 MW AI data centre in India, scale enterprise AI adoption and enable industry-specific solutions globally
The deal is a major boost for TCS, which in a strategic shift last year disclosed plans to invest up to $7 billion in a 1 gigawatt data centre unit in India
The collaboration includes a blueprint for AI-ready data centres capable of scaling up to 200 megawatts of capacity
Nifty IT slides 6% as AI disruption fears and fading US rate-cut hopes trigger sharp sell-off in frontline tech stocks
SBI's market capitalisation rose to ₹10.92 trillion after its shares hit a record high, overtaking TCS, whose stock has fallen sharply from its lifetime peak