TCS raises Q3 variable pay for mid-senior staff to 80%. Annualised AI revenue rises 17.3% to $1.8bn. Q3 revenue at ₹67,087 crore; profit drops 13.9%. Order book steady with $9.3bn TCV despite ...
Shares of Indian IT companies, Infosys Ltd., TCS Ltd., Wipro Ltd., Tech Mahindra Ltd., HCLTech Ltd., and other midcap peers like Persistent Systems Ltd., Coforge Ltd ...
The Indian IT sector is in the spotlight, and this time not for the right reasons. In the early trade today, the Nifty IT index collapses 5%, with all the constituents trading in the red. After months ...
Simply sign up to the UK financial regulation myFT Digest -- delivered directly to your inbox. Bank executives are making a last-ditch push to dissuade the UK Treasury from appointing the former ...
TCS ended the trading session at Rs 2741.9, experiencing a significant drop of 5.78% today. TCS is currently priced at Rs 2752.40, reflecting a significant decline of 5.41% today, with a 5-day ...
The Nifty IT index dipped over 5% on February 12, gripped by a fresh wave of anxiety that artificial intelligence could disrupt traditional software and IT services businesses. The weakness followed a ...
Investor caution over AI disruption hits India’s IT giants, dragging Nifty IT to fresh losses. Representational image/Pixabay Indian IT stocks faced a sharp sell-off on Thursday, with the Nifty IT ...
IT stocks came under heavy selling pressure on Thursday, February 12, following a sharp sell-off in global technology stocks amid renewed concerns around disruptions caused by AI-led start-ups.
Indian IT stocks plunged over 4% as strong US jobs data fueled fears of delayed Fed rate cuts, while rising AI disruption concerns and Wall Street tech losses deepened investor anxiety. IT Stocks ...
From US jobs data to mounting AI disruption fears, here is a clear breakdown of what triggered today's IT sell-off and what investors should watch next. The pressure was intense across the board, with ...
https://www.thehindubusinessline.com/markets/stock-markets/it-stocks-tcs-wipro-infosys-fall-5-as-ai-disruption-fears-drag-index-down/article70622917.ece Copy IT ...
The shares of Indian IT companies tumbled in trade on February 12, accompanying Wall Street peers after better-than-expected January jobs report failed to boost investor sentiment amid concerns around ...
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