AI slowdown calls lift Indian IT ADRs, Infosys up 6 percent
Infosys and Wipro American depositary receipts surged up to 6 percent in US trade on Monday, even as Wall Street technology stocks sold off after leading AI developers called for a slower…
All posts tagged in Wipro
18Articles
Indian IT firms acquire captives to boost revenue
Indian IT companies are increasingly buying the technology units of global clients to anchor larger, long-term partnerships, reviving an old debate on whether these deals add genuine capabilities or just capacity. The…
Mid-cap IT firms outpace large rivals in bank revenue growth
India's mid-sized IT firms are growing revenue from banks and financial services faster than larger rivals, according to a Mint analysis. From FY20 to FY26, revenue from BFSI clients grew at a…
Indian IT firms less exposed to new US visa fee hike
Indian technology companies may be less affected by the Trump administration's latest H-1B visa fee proposal, as they have significantly reduced dependence on the programme over the past five years, according to…
Indian IT revenue per employee rises, AI role debated
Indian IT's Big Five, TCS, Infosys, HCLTech, Wipro and Tech Mahindra, collectively generated $25.6 billion in revenue in the April-June quarter, with all reporting higher dollar revenue per employee than a year…
AI drives nearly half of Indian IT M&A deals in two fiscals
Nearly half of the mergers and acquisitions by Indian IT companies in the past two financial years were driven by the need to acquire AI and allied capabilities, according to a Crisil…
CLSA upgrades midcap IT stocks Persistent, Coforge, downgrades TCS Infosys
Brokerage CLSA has retained a High Conviction Outperform rating on Persistent Systems and Coforge, naming them as its top picks in the Indian IT sector. Persistent shares rose as much as 2.47%…
Cognizant Wipro LTM delay fresher onboarding by over a year
Cognizant, Wipro and LTM have delayed onboarding of fresh graduates by more than a year, with some candidates given tentative joining dates stretching to 2027, according to emails and sources cited by…
Nifty IT index falls as TCS, Infosys, Wipro shares slip 1.5%
The Nifty IT index fell in early trade on Thursday as heavyweights TCS, Infosys, and Wipro shares each slipped about 1.5%. The decline came on the weekly expiry day for futures and…
Centre clears Rs 7,877 cr electronics component projects
The Ministry of Electronics and Information Technology (MeitY) on Monday approved 31 new applications and one expansion under the Electronics Component Manufacturing Scheme (ECMS), with a combined project value of Rs 7,877…
- 1
- 2
