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India's top tech firms divided over AI-driven revenue deflation

Bengaluru, Oct. 20 -- Nearly four years after ChatGPT ignited the generative artificial intelligence (AI) boom, India's top information technology (IT) leaders remain sharply divided on when-or if-AI-... Read More


India's top technology companies divided over AI-driven revenue deflation

Bengaluru, Oct. 20 -- Nearly four years after ChatGPT ignited the generative artificial intelligence (AI) boom, India's top information technology (IT) leaders remain sharply divided on when-or if-AI-... Read More


Is the worst of AI deflation over? Depends on which IT boss you ask

New Delhi, Oct. 19 -- Nearly four years after ChatGPT ignited the generative artificial intelligence boom, India's top IT leaders remain sharply divided on when-or if-AI-driven revenue deflation will ... Read More


Battered Indian IT stocks rally as AI fears ease and global tech sells off

Bengaluru, Oct. 16 -- India's beaten-down information technology (IT) stocks are rebounding as fears that artificial intelligence (AI) will disrupt traditional tech services ease and investors rotate ... Read More


Tech Mahindra maintains edge over Wipro in September quarter

New Delhi, Oct. 15 -- Wipro Ltd shrank for a second straight quarter as its media, technology and healthcare businesses weakened, while Tech Mahindra Ltd leveraged its Orange deal to post its fastest ... Read More


Accenture lays out three-year plan to approach $100 billion revenue despite macro drag

New Delhi, Oct. 14 -- Accenture Plc chief executive Julie Sweet is banking on legacy technology overhauls and a new push for mid-sized clients to get closer to becoming a $100 billion revenue behemoth... Read More


HCLTech beats estimates, but Q2 growth slips to three-year low

New Delhi, Oct. 12 -- HCL Technologies Ltd beat quarterly estimates as AI revenues rose, even as it clocked its slowest September-quarter growth in three years amid stalling traditional tech offerings... Read More


Persistent to squeeze out existing Nagarro shareholders en route to become seventh-largest

New Delhi, Oct. 10 -- Persistent Systems is on track to become the seventh-largest tech services firm in the country after lifting its stake in the German software engineering firm to 94%, a level tha... Read More


Investors cheer TCS Q2 report card despite slowest growth in three years

New Delhi, Oct. 9 -- Shareholders cheered Tata Consultancy Services (TCS) Ltd's second-quarter report card, sending its stock up nearly 6% on Friday - a day after the earnings announcement - reflectin... Read More


TCS posts slowest quarterly growth in three years as demand stays muted

New Delhi, Oct. 8 -- Tata Consultancy Services Ltd (TCS) beat analyst estimates in the September quarter but posted its slowest second-quarter growth in three years, and management said client demand ... Read More