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121 stories · latest 07 Oct 2026 · clear filter
No dates or price band have been announced, so this remains a report, not a schedule. If it opens next week it shares the calendar with HD Fire Protect (October 13-15, Rs 258-271 a share) and comes shortly before the…
The finance angle is the Rs 25,000 crore Anant Raj committed to data-centre infrastructure in Haryana under a June 2026 memorandum: the Orange tie-up is about finding overseas tenants for that capacity. A developer…
TCS is the first large IT exporter to report, so its commentary on pricing, client budgets and deal conversions sets the reference for Infosys, HCLTech and Wipro, which follow. The report lists the points analysts are…
The finance angle is the size of the untapped domestic market: with about 75% of firms not yet using AI, most enterprise spending on it in India is still ahead, and that is the revenue line Indian IT services…
Crude below $100 eases the import bill and the input costs of oil marketers, airlines, paints and chemicals, which is why Reliance, IndiGo and Asian Paints were among the gainers. Banks and consumer names moved on…
Both mainboard openings were well short of what the unofficial grey market had implied: Business Today notes premiums pointing to 46-48% for SRIT India and 9-10% for Shah Investor's Home. That gap, in an issue…
The finance angle is where AI capital spending reaches Indian suppliers: Rs 150 crore for this order and close to Rs 300 crore from this one hyperscaler in under a year, paid to an Indian contractor for building and…
Banks, insurers, payment systems and government bodies often cannot send customer data abroad, which has kept many AI projects at the pilot stage; local processing removes that obstacle for Claude. The money flows to…
The finance angle is revenue that is bought and locked in. Wipro's Mindsprint deal is put at about USD 1 billion (Rs 9,625 crore) of revenue over eight years; TCS paid about Rs 2,000 crore for Best Buy's centre. These…
The openings did not track demand in the way SME debuts often have: Bench Mark Infotech was subscribed 72.35 times and still opened flat, while Sai Urja, subscribed 3.88 times, opened higher. The two issues with the…
The rebound was narrow: FMCG, consumer durables and PSU banks carried it, while small caps, hospitals and part of IT closed lower. ITC's move followed analyst comments that its response to the cigarette tax increase is…
Indian IT exporters long staffed US client sites with visa holders from India. Replacing them with local hires raises on-site wage costs, which presses on operating margins unless more work moves offshore or is…
The advice describes a trade-off that runs through listed sectors. A weaker rupee raises the rupee value of dollar revenue at IT services and pharma exporters, and raises the landed cost of crude for refiners, airlines…
Wages are the largest cost line for Indian IT services companies, and hiring is an early reading of the demand they see. A 4% fall in IT services postings alongside 20% growth in AI/ML roles and 4% growth at global…
The finance angle is the direction of work rather than a disclosed figure: no contract value was given. Captive centres run by overseas companies have been taking work that once went to Indian IT vendors; here a client…
US yields and Fed pricing feed into foreign portfolio flows, the rupee and Indian bond yields, which is where banks, NBFCs and insurers are exposed through treasury books and borrowing costs. The RBI's own rate panel…
Higher risk-free returns in the US make emerging-market assets relatively less attractive and add pressure on foreign portfolio flows and the rupee. Banks and NBFCs are exposed through funding costs and bond…
Indian IT services firms earn most of their revenue from discretionary and transformation projects for US and European clients. When those budgets are held back and clients test AI tools that can automate parts of…
Accenture is the largest listed IT-services peer of Indian firms and serves many of the same US and European clients, so investors read its results as a signal of global outsourcing demand. TCS, Infosys, HCLTech and…
The order changes terminology, not trade rules. It contains no provisions on tariffs, visas, outsourcing or export controls, which are the channels through which US policy reaches Indian IT services companies, so its…
Since no headline rate changes are planned, the direct effect on consumer prices and on FMCG or auto demand looks small. The parts that matter are compliance and working capital: changes to input tax credit and…
Indian IT services companies have historically used H-1B visas to staff US client sites. The fee raises the cost of sending new staff onshore, which pressures margins on onsite-heavy contracts and pushes delivery…
A narrower gap between US and Indian interest rates reduces the appeal of Indian bonds and equities for foreign investors and adds pressure on the rupee, raising imported inflation. With retail inflation above the…
An 8.2% AI share of $5,082 million implies a little over $400 million of AI revenue in the quarter for India's second-largest IT exporter, which gives investors a figure to set beside TCS's $2.6 billion annualised…
Wipro's numbers show AI-led deals being signed without yet lifting revenue: large deal bookings grew 12.9% to $1.63 billion, but IT services revenue fell 1.4% on the quarter to $2.61 billion and the guided range of…
Advanced AI at $171 million is under 5% of HCLTech's $3.65 billion quarterly revenue but is growing 62.1% a year against 2.6% for the company overall. The planned outlay of up to Rs 3,500 crore on AI data centres…
Zero duty in the UK improves the price competitiveness of Indian apparel and home-textile exporters, seafood processors, leather and footwear makers, auto-component suppliers and engineering firms against rivals that…
As the largest Indian IT services company, TCS sets the tone for the sector's results season. Near-flat constant-currency growth and a margin dip from salary increases show how slow client spending is capping earnings…
TCS is the first large Indian IT exporter to give a running dollar figure for AI work: $2.6 billion annualised, growing 13.6% in one quarter while group revenue grew 2.2%. The $9.5 billion of contract value signed in…
A weaker rupee raises the cost of crude, LNG, fertiliser, electronics and other imports, adding to inflation and squeezing companies that buy in dollars and sell at home, such as fuel retailers, airlines and…
Sustained foreign selling weighs most on large, foreign-owned stocks such as private banks, IT services companies and other index heavyweights, and adds pressure on the rupee. Domestic mutual fund and insurance buying…
Guidance from India's second-largest IT services company is read as a gauge of sector demand for the year. A low single-digit band, which analysts tied to AI-led pricing deflation, puts pressure on revenue growth and…