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The Latest Breaking News from Infosys

Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?

The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal Reserve's interest rate trajectory weighed on sentiment. Infosys, TCS, Wipro and other IT stocks declined up to 3%, with investors awaiting the sector's Q1 earnings…

The Economic Times

Vishal Sikka’s AI startup Hang Ten Systems raises $32 million led by Mayfield

Former Infosys CEO Vishal Sikka has launched Hang Ten Systems, an AI startup focused on enterprise solutions, securing $32 million in seed funding led by Mayfield. The Palo Alto-based company aims to help large corporations translate AI investments into tangible business results.

The Economic Times

Infosys’ Salil Parekh topped IT CEO pay in FY26; here’s what the big chiefs made

Infosys CEO Salil Parekh led the pack among top Indian IT executives in FY26, earning Rs 82.6 crore. Tech Mahindra's Mohit Joshi followed with Rs 67.55 crore. Wipro's Srinivas Pallia saw a pay dip, while TCS's K Krithivasan earned over Rs 28 crore. LTM's Venugopal Lambu also featured prominently for…

The Economic Times

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'Kunal Shah won't even get a fresher job at TCS or Infosys': Founder highlights flaws in corporate hiring practices

Kunal Shah, the visionary behind CRED and FreeCharge, has been appointed global head of WhatsApp at Meta. His remarkable ascent, despite lacking traditional elite degrees, highlights a significant gap in Indian hiring practices. Startup founder Riya Upreti points out that many companies prioritize academic credentials over demonstrable skills, potentially overlooking…

The Economic Times

Stocks in news: Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, Tata Motors

Indian markets experienced profit booking, falling over a percent amidst a weak global trend. Key stocks like Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, and Infosys are in focus due to significant developments. Vedanta saw a major promoter stake sale, while Honasa Consumer plans an acquisition. Bajaj Auto reported a ransomware…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Sensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee and fresh foreign fund outflows. Investors will track technical levels, global cues, FII activity and key stock movements on Wednesday as markets look for direction after the sharp decline.

The Economic Times

AI will amplify IT services demand, not replace it: Infosys chairman Nandan Nilekani

Infosys is aggressively pursuing the AI-first services market, projecting a $300-400 billion opportunity by 2030. Chairman Nandan Nilekani emphasised AI will amplify, not replace, IT services, with 90% of top clients already engaged. Meanwhile, CEO Salil Parekh confirmed AI services contributed $1 billion to FY26 revenue, growing rapidly.

The Economic Times

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AI won’t replace Infosys, will amplify it: Nandan Nilekani bets big on $1 bn AI surge

Infosys Chairman Nandan Nilekani expressed confidence in the company's AI-driven future, stating AI will amplify, not replace, businesses that adapt. He emphasized AI's role in accelerating legacy system modernization, a shift Infosys is capitalizing on with AI services revenue exceeding $1 billion annually. Nilekani foresees a trend towards in-house software…

The Economic Times

Why is market falling today? Weak global cues among 5 key triggers behind Rs 6 lakh crore D-St rout

Indian stock markets experienced a significant downturn on Tuesday, with the Sensex and Nifty shedding substantial investor wealth. This decline was fueled by a sharp sell-off in South Korea's Kospi index, renewed fears of US Federal Reserve rate hikes due to rising oil prices, and a resumption of selling pressure…

The Economic Times

Top 10 Tech & IT Service Companies Driving Innovation in 2026

Technology continues to shape the way organizations operate, communicate, and compete. In 2026, businesses are increasingly investing in cloud computing, artificial intelligence (AI), cybersecurity, data analytics, and software development to improve efficiency and adapt to changing market demands. As a result, IT service companies play a significant role in helping…

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Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead?

IT stocks rebounded after a sharp sell-off triggered by Accenture’s guidance cut, with gains led by Coforge and Tech Mahindra. Analysts see valuations turning attractive but caution that volatility may persist. Technical indicators remain weak, with key support and resistance levels suggesting markets need stabilisation before any sustained recovery.

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Monday

Indian equities ended lower on Friday, snapping a five-session winning streak as heavy IT selling and weak global cues weighed on sentiment. Sensex fell 607 points and Nifty dropped below recent highs. Analysts remained cautiously optimistic, favouring a buy-on-dips approach supported by easing volatility and expectations of earnings recovery.

The Economic Times

F&O Talk: Mid, smallcaps look strong on charts; Sudeep Shah picks 8 stocks, outlines Infosys, IFCI strategy

Indian equities faltered on Friday, ending a five-day rally as IT stocks plunged and global cues weakened. The Sensex and Nifty saw significant dips. Analyst Sudeep Shah discussed Nifty's indecisive weekly chart, Bank Nifty's strength, and cautioned on IT sector weakness. He highlighted short-covering by FIIs and offered strategies for…

The Economic Times

Jio revs up IPO engine; Accenture shock sinks IT

Jio Platforms has kicked off its IPO process with the filing of its draft papers with Sebi. This and more in today's ETtech Top 5.

The Economic Times

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The Economic Times

Nifty IT crashes 6% to 3-year low as Infosys, HCL Tech, other IT stocks crash up to 9%. Time to buy the dip?

The Nifty IT index slumped over 6% to a three-year low after Accenture’s guidance cut triggered a sharp sell-off in Infosys, TCS, HCLTech and other IT stocks. While some experts see valuations turning attractive after the correction, others remain cautious amid AI-led disruption and slowing growth prospects.

The Economic Times

Rs 40,000 crore gone in minutes! Why Infosys shares crashed 9% to hit lowest level in almost 6 years

Infosys share price: Infosys shares plummeted 9% to a near 6-year low, losing nearly Rs 40,000 crore in market cap. This follows Accenture's lowered revenue forecast, sparking concerns over reduced discretionary IT spending. The US Federal Reserve's hawkish stance further fueled worries about a potential slowdown in enterprise technology investments.

The Economic Times

Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocks

Indian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI replacing traditional services and geopolitical headwinds are deepening the sector's pain. Analysts anticipate further moderation and a shift towards M&A and new client acquisition to counter slowing growth.

The Economic Times

Why did market fall today? Sensex slumps 600 points, Nifty closes below 24,050. IT selloff among 5 key triggers

Indian equities experienced a sharp decline on Friday, snapping a five-day winning streak as IT stocks faced heavy selling pressure. Weak global cues and the cancellation of US-Iran peace talks further dampened investor sentiment, leading to significant drops in the Sensex and Nifty.

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The Economic Times

TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidance

Indian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continued caution in discretionary technology spending. Accenture's Q3 results showed mixed performance, with earnings surpassing expectations but revenue slightly missing estimates, impacting global IT sector sentiment.

The Economic Times

Stocks in news: TCS, Infosys, RIL, HDFC Bank, Waaree Renewable

Indian markets saw a positive trend on Thursday, marking a fifth consecutive day of gains. Supportive global sentiment fueled the rally. Key companies like TCS, Infosys, RIL, HDFC Bank, and Waaree Renewable are in focus due to recent developments. Investors are watching for updates from Reliance Industries' AGM and news…

The Economic Times

Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecast

Infosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding discretionary IT spending, impacting Indian IT giants despite their AI investments and ongoing transformation projects, overshadowing recent cybersecurity acquisitions.

The Economic Times

Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?

Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a hawkish stance from the US Federal Reserve, which has increased expectations of a rate hike later this year. Concerns over reduced discretionary spending in North America, a…

The Economic Times

Why did stock market rally today? Sensex jumps 736 points, Nifty closes above 23,850. 5 key factors behind bull run

Indian equities surged nearly 1% as bulls charged through Dalal Street, driven by an Iran-US peace framework and sliding oil prices. The Sensex and Nifty saw significant gains, adding over Rs 8 lakh crore to market capitalization. Broader markets also rallied, with Nifty Realty leading sectoral gains.

The Economic Times

Indian IT firms step up Europe expansion as growth outpaces North America

Indian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. This shift is driven by client cost pressures and a surge in AI adoption, creating substantial opportunities for localised solutions and modernisation projects across the continent.

The Economic Times

Stocks in news: Lenskart, GNG Electronics, Vedanta, Infosys, RIL

Markets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Block deals in GNG Electronics and Lenskart, Vedanta's demerger, Infosys's CMMI AIM Framework contribution, and RIL's interest in rare-earth minerals were key developments. Analysts eye 23,000 as a crucial support level.

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