The heavyweight IT stocks are leading losses on benchmark indices Sensex and Nifty. The Nifty IT index is currently the top losing sectoral index on the markets.

Last week, US IT stocks began their sell-off on Wall Street after a new tool dropped by Anthropic, regarding legal briefs, led to a $300 billion wipeout in market capitalisation of software stocks.

Infosys, India's second largest IT firm, saw its shares plunging 4.51 per cent to Rs 1,580.35. TCS, the largest software ...

AI is no longer a future bet but a present growth lever. As spending accelerates, strategies are diverging. Some build full stacks, others chase productivity, while a few focus on faster monetisation.

Tata Sons Chairman N Chandrasekaran steps in to steer TCS through rapid AI disruption after a sharp stock sell-off triggered ...

Shares of Infosys opened gap down with a loss of 4.51 per cent at Rs 1580.35 against the previous close of Rs 1,654.95 on the ...

A fresh AI development in the US set off a chain reaction that landed right on Dalal Street. This story helps you make sense ...

The immediate trigger for the global sell-off was the launch of a new AI automation system by US-based AI firm Anthropic as ...

At 12 PM, shares of LTIMindtree had fallen 7.97%, followed by Infosys down 7.89%, Coforge slipping 7.73% and Persistent ...

For nearly two decades, entry-level salaries in India's IT giants have remained frozen around Rs 3–4 LPA, even as education costs, urban living expenses, and corporate profits have surged. The result ...

IT stocks crash: Indian IT stocks, including tech behemoths like Tata Consultancy Services, Infosys and Wipro, fell like ...

Nirmal Bang Institutional Equities said the increase in discretionary spending called out by Cognizant, especially in the ...