INDIAN IT SERVICES
India's FTAs: A trick for foreign investment or a shield for local jobs?
India is actively pursuing Free Trade Agreements to boost market access and shield its businesses. These pacts target complementary economies, aiming to secure a level playing field for Indian exporters. FTAs also focus on services, talent mobility, and investment. Modern trade dimensions like technical barriers and environmental standards are addressed.
Will peace get a chance, and bulls make a comeback? 5 large-cap stocks with an upside potential of up to 26%
A peace deal, if it comes, will not mean the Gulf region has become stable. It will only mean that current tensions have been paused. The kind of conflict that has unfolded in the region does not vanish because one agreement is signed. The probability of another flare-up after one month, two months, three months, or even six months remains high. The region will continue to matter for crude, global liquidity, inflation expectations and risk appetite. So, yes, the market may get some breathing room. But investors should not confuse it with a clean road.
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantage
US restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantage for Indian enterprises and IT service providers. This exclusion, particularly from Fable 5's coding capabilities, raises concerns about digital equity and strategic dependency, as Indian data contributed to the models' value.
India, Nepal discusses cross-border rail connectivity
India and Nepal have discussed cross-border railway links, including passenger services on the Janakpur-Ayodhya route, during recent joint meetings. Discussions also covered the Raxaul-Kathmandu broad gauge railway link and the implementation of lines developed with Indian assistance, alongside technical support for Nepal's East-West Railway Link.
Ministry of Information and Broadcasting releases draft rules to 'consolidate' broadcasting sector
The Ministry of Information and Broadcasting has released draft rules to bring television, radio, DTH, HITS, and IPTV services under the Telecommunications Act, 2023. These proposed rules aim to simplify and harmonize the existing broadcasting regime, promoting ease of business. Broadcasters will need to ensure continuous channel operations and preserve programme recordings for monitoring.
Telangana: Rajnath Singh advises cadets to "Adapt, Adopt, Amend" at Combined Graduation Parade ceremony
Defence Minister Rajnath Singh urged newly graduated Air Force cadets to adapt, adopt, and amend in war-like situations, emphasizing innovation and execution. He highlighted the IAF's historic contributions and the evolving nature of warfare, stressing the need to understand future war systems and strategies to face uncertain challenges.
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Trust is no longer free: Indian consumers are willing to pay extra, says survey
India's home services market is changing. Consumers are now paying more for verified service providers. This shift is driven by a desire for trust and certainty. Women are leading this trend, seeking reliability over lower costs. This signals a move towards formal platforms offering predictable service experiences. The market is evolving beyond just the repair itself.
India's exporters built a $420 billion services economy. This is the award they deserve.
The Payoneer India Cross-Border Excellence Awards 2026 offer Indian exporters the most consequential opportunity to get recognised this year. Here’s why it matters, and why you should not let it pass.
India warns citizens in Canada against fraud callers claiming to be consulate officials
Indian citizens in Canada are receiving scam calls. Fraudsters are pretending to be consulate officials. They are asking for personal information and money. These calls are about visas, immigration, and job offers. The Consulate General of India in Toronto advises against entertaining these calls. They state that official communication is only via email from a specific domain.
Dhan launches US stocks, ETFs investing via GIFT City route
The offering is being provided through Raise IFSC Private Limited, Dhan's wholly-owned subsidiary and a member of India INX operating under the regulatory framework of the International Financial Services Centres Authority (IFSCA).
Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay Capital
The round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others. The lead investors had also co-led the company's $10 million Series A in November 2024, along with Reddy. The founder, son of GVK Group vice chairman Sanjay Reddy, has transitioned from managing physical assets to building digital platforms.
TCS launches India's first Oracle AI Data platform lab in Kolkata
The facility at Delta Park Lords in Kolkata has been set up in collaboration with Oracle and will support customers in addressing challenges such as fragmented data systems, slow analytics cycles, limited AI scalability and operational inefficiencies, the IT major said.
'Not a great environment for Indian market': Harsha Upadhyaya on Iran-US tensions, IT outlook, pharma bet, and where to be cautious
Global challenges are impacting Indian stocks. West Asian tensions and rising US inflation create headwinds. Tech sector shifts also affect markets. Kotak AMC's Chief Investment Officer advises caution. Pharma and healthcare offer a defensive haven. Metals require trimming positions. IT services face structural slowdowns. Foreign investor flows remain a key watchpoint.
UPSC AIR 910 to AIR 167: How this IIT Madras graduate with no forearm climbed ranks despite repeated failures
UPSC Success Story: Kajal Raju from Kerala achieved AIR 167 in the UPSC Civil Services Examination. Born without a right forearm, she faced exam setbacks but persevered. After securing AIR 910 in her first attempt and joining IRMS, she continued preparing. Her remarkable improvement demonstrates resilience and unwavering belief. Kajal's story inspires thousands of aspirants nationwide.
Another AI aftershock sends Indian IT stocks for a tumble
Indian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disruption. Global tech stock declines, particularly in the Nasdaq, further fueled the sell-off. Analysts suggest a potential cyclical recovery in September, but caution that geopolitical tensions could cause delays.
Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?
Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolonged higher interest rates. The selloff was compounded by lingering worries about AI-driven disruption and its potential impact on future technology spending and demand from key US clients.
India warns citizens in Canada against fraudsters posing as consulate officials
Indian nationals in Canada are warned by the Consulate General of India in Toronto about fraudulent calls. Scammers are impersonating consulate officials to solicit personal information or money related to Canadian visas, PR, immigration, and job offers. The Consulate clarifies it does not handle these matters and urges reporting of such incidents.
Elon Musk's Starlink India launch hits security roadblock ahead of SpaceX IPO
India has halted approvals for Elon Musk's Starlink internet service. Security agencies are concerned about Starlink terminals being used in the Iran war. This delay impacts SpaceX's IPO valuation. India's broadband market remains out of reach for Starlink for now. Domestic operators also face scrutiny. India seeks assurances on security compliance amid geopolitical tensions.
Delhi data centre fire sees Google Cloud reroute traffic network capacity
A fire at a third-party data center in Delhi caused network disruptions for Google Cloud customers in multiple Indian cities. The incident led to an emergency power shutdown, impacting network capacity and rerouting traffic. This resulted in intermittent latency spikes and packet loss for some Hybrid Connectivity and Virtual Private Cloud users.
India can take the lead in applying AI in industries: SAP CEO Christian Klein
SAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating large language models. He emphasised workforce transformation and sees India's talent, infrastructure investment, and government support as key to its continued tech powerhouse status amidst global AI shifts.
'Indian diplomacy works 24/7 for nation': EAM Jaishankar shares foreign policy transformations in last 12 years
External Affairs Minister S Jaishankar on Tuesday shared key transformations in India's foreign policy and the Ministry of External Affairs, 12 years since Prime Minister Narendra Modi took oath.
TCS signs multi-million euro AI deal with Canada Life
Under the partnership, TCS will use its artificial intelligence and digital capabilities to manage and modernise Canada Life's data centres, core infrastructure, end-user computing systems and software lifecycle management, TCS said in a statement on Monday.
Forget IT giants, go for these 4 midcap stocks: How Dipan Mehta is rewriting his Indian IT playbook
Market expert Dipan Mehta urges investors to be selective. He highlights mid-cap IT firms like Coforge and Happiest Minds as outperformers. Engineering R&D stocks are also gaining traction due to global events. Specialty chemicals and real estate present opportunities. Mehta advises caution on large-cap IT and aviation sectors. Investors should focus on specific pockets for potential gains.
Indian cyber, telecom, banking & finance firms get access to Mythos; IT left out
Several Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic's advanced Claude Mythos AI model. The govt is actively working to expand this access, with select public entities, including CERT-In, set to receive previews. This initiative aims to bolster cybersecurity for India's critical infrastructure.
IT stocks snap three-day rally, plunge over 5% in sharpest fall in nearly four months
Indian IT stocks experienced their steepest single-day fall in nearly four months, plunging over 5% as concerns about AI's impact on revenue streams resurfaced. The Nifty IT index slumped, dragging the broader market lower, with analysts citing immense pressure and uncertainty driving liquidation. While the sector's recovery is questioned, significant further downside is not anticipated.
IT firms spend big on acquisitions as AI hits growth
Indian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic growth. Companies are spending billions to gain clients and market share. These deals help IT providers enter new markets and offer expanded services. This strategy aims to counter revenue pressures and vendor consolidation.
Nifty IT logs best run in a year at 4%; TCS, Infosys lead way
Indian IT stocks surged for a third consecutive day. The Nifty IT index saw its largest single-day gain in a year. This rally is supported by improving global software sentiment and expanding enterprise AI adoption. Factors like rupee depreciation and strong orderbooks also contribute. Analysts anticipate further upward movement in the IT benchmark.
AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA Securities
AI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyond coding into business processes, creating a larger market. While enterprise adoption is nascent, technology modernization and AI integration will drive growth. Separately, India's residential real estate, particularly luxury housing, shows strong potential, with developers expected to manage rising costs.
AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan Nayak
Indian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe markets are overlooking significant long-term opportunities in legacy modernization and enterprise AI implementation, where Indian firms will act as key partners, mirroring past cloud transition cycles.
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