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AI Reshapes India’s IT Services Industry

By Uniquetimesorg August 21, 2026 0

Artificial intelligence is rapidly changing India’s $315-billion IT services industry, pushing major outsourcing companies to rethink how they price and structure contracts. Firms such as TCS, Infosys, Wipro, HCLTech and Cognizant are increasingly shifting from traditional billable-hour models to contracts tied to measurable business outcomes. Clients are demanding lower Continue Reading

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Indian IT Firms Brace for Weak Q1 as AI and Soft Demand Slow Growth

By Uniquetimesorg July 6, 2026 0

India’s leading IT companies are expected to report a subdued first quarter as artificial intelligence-driven pricing pressure, cautious client spending, and global geopolitical uncertainties continue to weigh on business. Although the April–June quarter is traditionally a strong period for the sector, analysts believe the anticipated recovery has been pushed further out. Continue Reading

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TCS, Anthropic Join Hands to Scale Enterprise AI

By Uniquetimesorg June 11, 2026 0

India’s largest IT services company, TCS, has partnered with Anthropic to accelerate the adoption of artificial intelligence across enterprises. As part of the alliance, TCS will train 50,000 employees on Anthropic’s Claude AI platform and jointly develop AI solutions for highly regulated industries. The partnership comes amid growing concerns that AI could disrupt the Continue Reading

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Infosys CEO Pay Rises to ₹826 Million in FY26

By Uniquetimesorg May 30, 2026 0

Infosys CEO Salil Parekh received a total compensation of ₹826 million ($8.69 million) in fiscal 2026, marking a 2.5% increase from the previous year, according to the company’s latest annual report. His earnings included a fixed salary of ₹79.7 million, performance-linked bonuses of ₹233.5 million, and stock-option gains worth ₹507.5 million. Parekh remains the Continue Reading

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IT Stocks Lift Indian Markets After Wipro’s AI Push

By Uniquetimesorg May 29, 2026 0

Indian stock markets edged higher on Friday as gains in IT shares helped offset investor caution over ongoing Middle East tensions. The Nifty 50 rose 0.13% while the Sensex added 0.24%, supported by optimism around artificial intelligence and easing concerns over global oil supply disruptions. IT stocks led the rally after Wipro expanded its AI […]Continue Reading

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Infosys Bets on Hiring Freshers, Rules Out Layoffs Amid AI Shift

By Uniquetimesorg April 30, 2026 0

Infosys has reaffirmed its no-layoff stance, even as several rivals cut jobs amid rising automation. CEO Salil Parekh said the company has not carried out layoffs in the past year and does not expect any in the near future, while continuing with plans to hire around 20,000 fresh graduates. While peers like Tata Consultancy Services, […]Continue Reading

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TCS Shares Slide Despite Strong Deal Wins, Revenue Drop Raises Growth Concerns

By Uniquetimesorg April 10, 2026 0

Shares of Tata Consultancy Services (TCS) fell nearly 3% on Friday, marking their steepest decline in almost a month, after a rare annual revenue drop overshadowed strong deal wins and a quarterly earnings beat. The stock was also set to snap a six-session gaining streak, reflecting investor concerns over the company’s growth trajectory. TCS was […]Continue Reading

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TCS Beats Q4 Revenue Estimates

By Uniquetimesorg April 9, 2026 0

Tata Consultancy Services reported stronger-than-expected fourth-quarter results, driven by solid demand in its North American market. The company posted a 9.7% rise in consolidated revenue to ₹706.98 billion, surpassing analyst estimates, while net profit grew 12.2% to ₹137.18 billion, also slightly ahead of expectations. As the first major Indian IT firm to announce Continue Reading

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Indian Markets Lag as $68.6 Billion IT Selloff Deepens on AI Fears

By Uniquetimesorg February 25, 2026 0

Indian equities have underperformed their Asian and emerging market peers in February, weighed down by a massive $68.6 billion erosion in information technology stocks amid rising concerns over artificial intelligence-led disruption. The Nifty 50 has gained just 0.4% this month, while the BSE Sensex slipped 0.1%, trailing broader regional benchmarks. The weakness has Continue Reading

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AI Disruption Fears Trigger $50 Billion Rout in Indian IT Stocks

By Uniquetimesorg February 14, 2026 0

Indian information technology stocks suffered their worst weekly fall in over 10 months, as fears that artificial intelligence could disrupt the sector wiped out nearly $50 billion in market value so far in February. The Nifty IT index slid 8.2% for the week, its sharpest drop since April 2025, dragging broader markets lower despite optimism […]Continue Reading