IT COMPANIES
Buy in Samvat 2082. Sell in Samvat 2087: Bet on policy push & macro change. 13 stocks from 3 sectors worth holding for 5 Diwalis & Holis
Why mention Diwali and Holi in the same breath, and why a range when it comes to Samvat? The fact is that stocks bought on Diwali, or for that matter at any point of time, have to endure many Holis played on the street every now and then. So many greens and many reds. Now, coming to the range suggested for Samvat. These stocks must be held for four to five years so that things pan out for the businesses after the impact of policies is felt on the ground.
Bankruptcy court approves Future Supply Chain Solutions’ acquisition by Reliance Retail
Mumbai bankruptcy court approved Reliance Retail Ventures' resolution plan for Future Supply Chain Solutions. Secured lenders overwhelmingly backed the Rs 170 crore acquisition, paving the way for the logistics firm to join the Reliance group. This approval ensures continuity of existing licenses and authorizations for the company.
Donald Trump Jr. - backed company files for $260 million US IPO as President Trump family business empire expands
There has been a series of ventures by the U.S. president's family, including a meme coin launched in January, and World Liberty Financial - a crypto company partly owned by the president.
Wipro CEO Srini Pallia sees strong AI-led pipeline; CFO flags one-off Q2 margin hit
Wipro CEO Srini Pallia says demand remains strong across BFSI, healthcare, and technology as the company closes $9.5 billion in bookings for H1 FY25. CFO Aparna Iyer attributes margin dip to a one-off client provision while maintaining a stable outlook. Wipro’s pipeline, led by AI and automation projects, positions it for gradual growth in FY26.
IT sector faces slower growth despite AI buzz; midcap firms better placed: Nitin Raheja
India is not yet participating in the global AI rally. Consumption is expected to remain a key growth driver. Financials are poised for an earnings revival, with private banks and select PSU banks offering attractive opportunities. Midcap IT companies may benefit from AI transitions. The market anticipates a supportive backdrop for growth.
Latest batteground: IP rows the new risk for Indian IT firms in US
Beyond the courtroom, this dispute underscores a broader industry transformation, industry observers say. In recent years, Indian IT majors such as Infosys and Cognizant have faced legal challenges over alleged misuse of proprietary technology or breach of software licensing terms.
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How are Indian IT giants navigating AI demands and tariff uncertainty?
Indian IT exporters are demonstrating strong deal wins, adapting to AI-driven client demands amidst a challenging business environment. Despite uncertainties, companies are strategically integrating AI, bolstering their pipelines and showing resilience. Improved hiring and a weaker rupee are expected to support performance in the latter half of the fiscal year.
Infosys beats street, Q2 net rises 13% to Rs 7,364 crore
India's second largest software exporter also narrowed its revenue estimates for the fiscal year by lifting the lower end of the growth guidance, to 2-3% from 1-3% in constant currency, which excludes the impact of currency movements. This is a further improvement from the previous quarter, when it tweaked the outlook from the earlier 0-3% growth. It retained the operating margin guidance of 20-22%.
Insurance stocks set for better topline after GST changes: Nischal Maheshwari
As earnings season progresses, Nischal Maheshwari highlights positive trends in life insurance and asset management, favoring SBI Life and HDFC AMC. He advises caution on Axis Bank and Vodafone Idea, sees green shoots in IT despite AI concerns, and backs government-supported manufacturing and defense sectors. Consumption faces headwinds, but e-commerce shows promise, while real estate benefits from liquidity.
Dipan Mehta bullish on LG Electronics as GST cut boosts outlook
Market expert Dipan Mehta highlights selective opportunities in the IT sector, favoring new-generation companies like Persistent Systems over traditional players. He is positive on LG Electronics due to strong consumer sales and GST cuts. Mehta maintains a neutral stance on insurance but is very optimistic about the healthcare diagnostics sector, citing strong recent results and secular growth trends.
Visa-owned Pismo chases large banks to scale its India biz
Visa-owned card processing startup Pismo wants to scale up in India and is working with banks while launching new products to achieve this, Vishal Dalal, global chief executive officer, told ET in an exclusive interaction. Pismo is a Brazilian fintech that Visa snapped up for $1 billion in 2024. It is now leveraging Visa's banking relationships to grow in India and other markets.
'Bengaluru IT companies won't go WFH because...': Social media reacts to techie's viral 'close IT parks' post
A Bengaluru techie has urged the state government to temporarily close IT parks and mandate remote work to fix the city's crumbling infrastructure. He suggested employees could work from home as during the pandemic, allowing for road repairs, drain fixes, and faster metro construction to "fix Bengaluru once for all."
TCS cutting dependence on H-1B visa, hiring more locally: CEO Krithivasan
Tata Consultancy Services is reducing its reliance on H-1B visas for US operations, with CEO K Krithivasan stating a significant drop in fresh applications. This strategic shift aims to foster local hiring and aligns with a broader workforce transformation. The company's move comes as its net headcount saw a decrease in the September quarter.
Techie shares what he learned from his first IT job: 'It broke me'
A software professional's first IT job turned toxic. Harassment during training led to mental distress. The company then demanded a hefty sum for resignation, despite no contract. Legal intervention confirmed the right to resign. The employee left, but the company withheld an experience letter. This story highlights workplace toxicity and the need for caution.
10th pass. Once a security guard. Now a top software developer at Indian IT company. Inspiring story of Tamil Nadu man will blow your mind
A former security guard at Zoho, Abdul Alim, has transitioned into a software development engineer, demonstrating remarkable resilience and a commitment to learning. Despite lacking a formal college degree, Alim's dedication to acquiring coding skills after his 12-hour shifts led to this inspiring career transformation.
TCS taking a balanced, low risk Path on AI Investments: Sandip Agarwal
Tata Consultancy Services is investing seven billion dollars in data centres and AI infrastructure. This marks a significant strategic move for India's largest software exporter. The company also saw a three percent fall in employee numbers. Experts believe this investment is a positive step for future growth. Other Indian IT firms may follow this capital allocation strategy.
TCS to announce Q2 results today: 10 things to track and how to trade
Tata Consultancy Services announces Q2 results today. Investors anticipate subdued growth and minimal margin changes. The company navigates challenges including employee separation, wage adjustments, and uncertain US demand. Key factors to watch include the impact of layoffs, US market outlook, revenue growth, and margin performance. Mega deals and vertical performance are also under scrutiny.
AI, consumer tech and pharma poised to redefine India’s investment landscape: Rahul Bhasin
Private markets are experiencing a surge in activity, offering attractive risk-adjusted opportunities, according to Rahul Bhasin of Baring Private Equity Partners. While public markets present valuation challenges, sectors like AI, healthcare, and pharmaceuticals are ripe for disruption. Consumer tech also shows strong momentum, though valuations require careful consideration.
Muted Q2 ahead for IT; realty faces mid-segment stress: Ambareesh Baliga
Indian IT firms face a muted September quarter. Investor hopes for a turnaround are tempered by analyst Ambareesh Baliga. The H-1B visa issue and AI adoption will shape the sector's future. Real estate shows polarized growth, favoring affordable and luxury segments. Investors should focus on developers in these areas. The market navigates global and domestic pressures.
Explained: Reliance Industries is India’s most valuable company but why isn’t it No.1 in Nifty50 weight?
Reliance Industries, despite its massive market capitalization, ranks third in Nifty 50 index weight due to its lower free-float shares. Banks like HDFC Bank and ICICI Bank hold higher weights because a larger portion of their stock is available for public trading, influencing the index more significantly.
Multibagger or IBC - Part 27: With history on its side, will this company be able to pass the modern EV test and create value?
From humble beginnings in the 1930s to a listed small-cap today, this company’s journey mirrors the evolution of India’s auto ancillary sector. Its scale now spans domestic networks and exports while an OEM client base secures steady demand. Financially, it has delivered: EPS up 12x since FY10, dividends steadily rising, reserves multiplying, and debt reducing despite multiple investment cycles. For the auto ancillary sector, however, the big story is EV disruption. Some parts of the traditional kit lose relevance, but others remain relevant. This series on auto ancillary companies works with the assumption that, from the whole set of auto ancillary companies, some multibagger stocks will emerge. And some companies in this space risk going bankrupt.
Too early to write obituaries for Indian IT companies, says Gurmeet Chadha, slams analysts
Despite current headwinds, Indian IT stocks remain crucial for the economy, generating jobs, forex, and supporting tech ecosystems. Analysts are urged to assess rather than criticize companies like TCS and Infosys. As the earnings season kicks off on Thursday with TCS set to announce its Q2 results, IT stocks are generating strong buzz. Over the past week, the sector has rallied as much as 11%.
Time to add autos and banks where money can be made with a 2-3 year view: Harsha Upadhyaya
Indian stock markets are preparing for a new rally. Consumption and banking sectors are expected to lead the charge. Recent GST changes are boosting sales in consumer and auto industries. Banking stocks are becoming attractive after a period of consolidation. Experts believe this is a good time for long-term investors to increase their exposure to these sectors.
Accenture gives a peek into the size of its severance bill
For Accenture, the journey ahead is not just about optimisation -- it is about defining what a future-ready services firm looks like in an AI-powered economy. The company’s multi-billion-dollar restructuring may prove to be a blueprint for how the consulting industry reinvents itself in the era of intelligent automation.
Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal
Market expert Sandip Agarwal expressed caution on the Indian IT sector, citing low single-digit growth and high valuations for large caps. He believes current rallies are tactical, not fundamental, and sees potential bottoming out when multiples contract. Agarwal favors platform companies and is highly bullish on India's consumer tech "Mag-7" for long-term growth.
US senators pose nine questions to TCS on hiring practices in America, H-1B approach
US senators are scrutinizing IT giants like TCS and Cognizant over their hiring practices, demanding details on American talent replacement by H-1B workers and wage parity. The inquiry follows mass layoffs of US tech employees while companies simultaneously filed thousands of foreign worker visa petitions. Senators are concerned about potential displacement of qualified American workers.
LTIMindtree wins its largest-ever deal; sources peg size at $580 million
The sixth largest software services exporter in India said the deal was with a leading global media and entertainment company, but did not disclose the name of the client.
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