Investors are bracing for a high-activity week on the BSE and NSE, as 45 companies prepare to trade ex-date for various corporate actions between June 8 and June 12, 2026. This wave of activity includes a mix of dividend payouts, bonus share issuances, rights issues, and stock splits, drawing significant attention from income-focused market participants….
Massive AI Adoption Across Indian IT India’s leading information technology services firms—Tata Consultancy Services (TCS), Infosys, and Wipro—have collectively deployed over 300,000 Microsoft 365 Copilot licenses to their global workforces within the last six months. This rapid implementation marks one of the largest corporate integrations of generative artificial intelligence (AI) tools globally, signaling a fundamental…
Market Rebound Expected for Indian IT Stocks Indian IT stocks are signaling a potential recovery rally, with market analysts projecting a 10-15% upside in the near term as investor sentiment shifts away from excessive pessimism. This anticipated rebound follows a period of sharp correction where fears regarding the impact of artificial intelligence on traditional IT…
Scaling AI Capabilities India’s leading IT services firms, including Tata Consultancy Services (TCS), Infosys, and Wipro, have doubled the number of Microsoft 365 Copilot licenses issued to their employees over the last six months. This rapid deployment signals a fundamental shift in how the $315-billion outsourcing industry is integrating generative artificial intelligence into its global…
Nandan Nilekani, the 71-year-old co-founder and current chairman of Infosys, is preparing for a third term at the helm of the Indian IT giant, signaling a period of strategic continuity as the company navigates a complex leadership transition. Based in Bengaluru, the veteran technocrat is tasked with finalizing a robust succession roadmap before reaching the…
The Changing Face of India’s IT Workforce Infosys, one of India’s leading IT services giants, reported a significant demographic shift at the conclusion of the 2026 fiscal year, with the number of employees aged 30 and below dropping to its lowest level in 15 years. Data from the company’s recent annual filings reveals that only…
Infosys Chairman Nandan Nilekani addressed the growing uncertainty surrounding the role of software engineers this week, asserting that human oversight remains indispensable even as artificial intelligence increasingly automates the coding process. Speaking amidst a flurry of rapid AI rollouts from industry giants like OpenAI and Anthropic, Nilekani emphasized that the transition toward automated development shifts…
Infosys Chief Executive Officer Salil Parekh received a total remuneration of ₹82.60 crore for the fiscal year 2026, marking a 2% increase from the previous year. This disclosure, detailed in the company’s latest annual report, comes as the global IT services giant reported a 10.2% growth in net profit, reaching ₹29,440 crore for the same…
Infosys CEO Salil Parekh received a 2.5% pay increase to Rs 82.6 crore, fueled by stock performance during the company’s AI transition.
Market Reconfiguration at the Top India’s IT bellwether, Infosys, fell to the 12th position among the country’s most-valued listed companies on Wednesday, ceding its rank to Adani Power. The shift occurred on the Bombay Stock Exchange (BSE) as Adani Power’s market capitalization climbed to approximately Rs 4,79,706.78 crore, narrowly outpacing the IT giant’s valuation of…
The Shift in Visa Landscapes H-1B visa approvals for India’s premier information technology services firms plummeted by 40% this year, dropping to a total of 11,041, according to recent regulatory data. This sharp decline reflects a tightening immigration environment in the United States, forcing major players like Tata Consultancy Services (TCS) and Infosys to fundamentally…
Market Performance and Sectoral Shifts India’s IT sector faced a significant setback in the fourth quarter of the 2026 financial year (Q4FY26), as major players reported disappointing revenue growth, tepid deal bookings, and cautious future guidance. According to a recent report by Kotak Institutional Equities, the sector is currently grappling with a dual challenge: the…
The Indian information technology sector faced significant volatility in the fourth quarter of the 2026 financial year (Q4FY26), as major industry players reported widespread disappointment in revenue growth, deal bookings, and future earnings guidance. According to a recent report by Kotak Institutional Equities, the sector is grappling with the dual pressures of Generative AI (GenAI)…
Indian IT giants are pivoting to fixed-price, outcome-based contracts, driven by AI automation for enhanced efficiency and cost predictability.