Wipro, Cyient, Hexaware Technologies, KPIT Technologies and L&T Technology Services from the IT sector and Info Edge (India) and C.E. Info Systems from the IT-related sector hit 52-week lows on Monday
India has the opportunity to become one of the world's most consequential environments for AI application but the country's advantage will be defined by the choices it makes regarding where to apply, diffuse and responsibly deploy the new wave of technology to translate capability into real impact, Wipro Ltd Executive Chairman, Rishad Premji said on Thursday. AI is once in a generation a technology that emerges which doesn't just change "what we do, it truly changes what we must do", he said while speaking at the AI Impact Summit. "How we as a country, how India responds in the next few years, will shape not just our own economic trajectory, but our ability to solve problems that matter to over a billion people," Premji asserted. Stating that the conversation on AI has fundamentally shifted from possibility to practicality, from experimentation to adoption, and from pilots to scale impact, he said this shift matters tremendously, because technology creates value only when it is ...
The correction in IT stocks has been driven by mounting concerns among investors over the potential impact of AI on the sector's growth outlook
India has promising potential on AI given its proven success in scalable digital infrastructure, vast talent pool, and robust legal framework, making the nation a great partner for organisations globally in the Artificial Intelligence space, Ivana Bartoletti, Global Chief Privacy and AI Governance Officer at Wipro, said on Monday. Wipro, she said, takes AI governance and responsibility "really seriously", and the approach of putting ethics first is rooted deeply in the company's values, she said. "India has fantastic potential. The major advantage is the scalability you (India) have demonstrated with digital public infrastructure, including UPI... of showing technological delivery at scale. This is really important because the big challenge with artificial intelligence is deployment at scale," she told PTI on the sidelines of India AI Impact Summit. She also highlighted India's tech edge in terms of the vast talent pool, and said it placed the country in a good position to compete .
The Nasdaq IT services basket has corrected meaningfully, dragging Indian IT ADRs lower and triggering a risk-off sentiment that has spilled into domestic markets, said ICICI Securities.
Over the past two trading sessions, the Nifty IT index has declined 7 per cent, while losses over the last seven trading days stand at 14 per cent
Nifty IT slides 6% as AI disruption fears and fading US rate-cut hopes trigger sharp sell-off in frontline tech stocks
IT major to implement salary increments from March 1 after deferring hikes in September; percentage of increase not immediately specified
Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.
TCS, Wipro, Infosys, Coforge, Tech Mahindra, Persistent Systems, HCL Technologies, LTIMindtree and Mphasis were down in the range of 4 per cent to 5 per cent in intra-day trade on Thursday.
ADRs of Wipro and Infosys fell by up to 3.3 per cent on Wednesday, extending losses after declining around 6 per cent amid rising concerns about the global tech sector
Budget 2026 has proposed a tax holiday till 2047 for IT companies providing cloud services using India-based data centres.
Wipro rolls out a consulting-led, AI-powered operating model to deliver end-to-end enterprise transformation and faster ROI from digital and AI initiatives
Here is the complete list of stocks that will remain in focus during today's trading session following their announcement to reward shareholders with dividends
Here is the complete list of stocks that will trade ex-dividend next week, along with their announcement details and record dates
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
NITES said that the global IT firm Wipro issued letter of intent to graduates in May last year, confirming their selection, detailing the role, compensation structure and onboarding process
LTIMindtree's Q3FY26 profit falls 10.5% to ₹971 crore due to labour code impact, even as revenue grows 11.6% on strong BFSI and manufacturing deals
Wipro Q3 review: Analysts said the performance was mixed, with margins beating expectations even as revenue growth stayed weak
As AI adoption accelerates, global reports warn that highly educated youth face rising entry-level job risks, forcing companies to rethink skilling and hiring models