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Persistent Systems to raise Rs 9,000 cr via debt to fund Nagarro acquisition; Q2 profit drops 25%

Persistent Systems plans Rs 9,000 crore debt for Nagarro deal as Q2 profit falls 25%; read the key details.

October 16, 2026 13:08 IST

Investors on Dalal Street will be keeping a close eye on the new deal wins getting converted into revenues for both the IT companies, going forward.

Tech Mahindra signals an IT revival. These 2 rivals trade at up to a 52% discount

Tech Mahindra grew its revenues by 2.4% quarter-on-quarter (q-o-q) on a constant currency basis in the September 2026 quarter, and…

October 16, 2026 05:20 IST

Tech Mahindra Q2 results: Profit jumps 33%, announces Rs 15 dividend and 1:1 bonus issue

Tech Mahindra Q2 profit jumps 33% as revenue grows 16%; board declares Rs 15 dividend and 1:1 bonus issue.

October 15, 2026 19:01 IST

Wipro Q2 Results: Profit declines despite revenue growth

Wipro Q2 Results: Profit falls 2%, Q3 outlook muted – 5 key takeaways

See Wipro’s Q2 takeaways: profit fell 2%, revenue rose 9%, deal bookings dropped and Q3 IT services outlook stayed muted.

October 15, 2026 17:44 IST

Wipro Q2 Results Preview: What brokerages expect on PAT, EBIT and Q3 guidance

Wipro Q2 Results Preview: Revenue may fall 2% amid weak Q3 guidance, 5 key factors

Wipro Results Q2FY27: Wipro may post a 2% organic revenue fall in Q2 amid weak demand, AI deflation and pricing…

October 14, 2026 17:10 IST

Dividend Alert: HCL Technologies announces Rs 12 interim dividend for FY27; Check record date

HCL Tech declares a Rs 12 interim dividend, with Oct. 16 as record date and Oct. 26 payout; check eligibility…

October 12, 2026 19:43 IST

Bhaskar Ghosh, former chief strategy and innovation officer at Accenture

Indian IT must shift from labour arbitrage to intelligence arbitrage: Bhaskar Ghosh, former chief strategy & innovation officer, Accenture

The economics of India’s IT industry will change fundamentally as it begins to shift from labour arbitrage towards the economics…

October 10, 2026 18:09 IST

Tata Consultancy Services (TCS), one of the firms affected, said its US workforce strategy was anchored in hiring local talent.

Indian IT firms shrug off US green card restrictions

Indian IT services remain largely unaffected by the US suspension of the PERM program due to reduced reliance on foreign-worker…

Updated: October 13, 2026 16:37 IST

TCS says it will comply with US directive on PERM programme

US Visa Curbs: TCS expects minimal impact, plans 15,000 local US hires over 5 years

TCS says the US PERM suspension won’t disrupt its plans as it targets 15,000 US hires over five years. Read…

Updated: October 9, 2026 09:41 IST

India was another weak spot, with revenue declining 10.3% sequentially after growing 7.6% in Q1.

TCS sees AI momentum, but deal flow stays muted

Tata Consultancy Services shows signs of recovery with sequential revenue growth and rising AI-driven demand, while cautious enterprise spending limits…

Updated: October 9, 2026 00:03 IST

India Moving Toward 'Escape Velocity' in Semiconductor Ecosystem, Says Ashwini Vaishnaw

India’s AI regulation plan: What the government’s consultation paper will focus on

India will issue an AI regulation consultation paper focused on safety, deepfakes, skilling and industry responsibility—learn what’s ahead.

October 8, 2026 17:18 IST

IT sector Q2FY27: Infosys, HCL Tech, Wipro, Tech Mahindra results, interim dividend dates

HCL Tech, Wipro, Infosys, Tech Mahindra and Persistent Systems are set to announce their Q2 FY27 results in October, with…

October 8, 2026 12:10 IST

TCS Q2FY27 Results Highlights: Profit Up 15%, AI Revenue Crosses $3.1 Billion. (Image: created by AI)

TCS Q2FY27 Highlights: Net profit up 15%, 10% of revenue from AI; adds 4,000 employees

TCS Results Q2 FY27 Highlights: Operating margin stands at 24%, and annualised AI revenue crosses $3.1 billion.

Updated: October 9, 2026 09:57 IST

TCS Q2FY27 preview: AI, margins to rupee impact, among 5 key factors to watch

Track TCS Q2FY27 results for AI revenue, deal wins, margin pressure, headcount, data centre plans and rupee impact.

October 7, 2026 17:57 IST

Even rising global bond yields and concerns that the AI trade may be overheating may not be enough to trigger a meaningful rotation into Indian IT stocks.

IT rebounds, but AI clouds large-cap outlook

After a tough start, IT stocks have rebounded with a 9% rise in the Nifty IT index, driven by AI…

October 6, 2026 19:51 IST

Active tech demand increased 5% month-on-month from September and was up 17% year-on-year from October 2025 (AI generated)

Tech jobs in India rise 17% YoY to 123,000 in October, highest in 18 months: Report

India’s tech openings rose 17% YoY to 123,000 in October, led by IT services and experienced roles; see what’s driving…

October 6, 2026 18:11 IST

Tech Mahindra, Coforge to Sagility: Kotak outlines key IT sector picks ahead of Q2 earnings

Kotak expects a muted Q2FY27 for large-cap IT companies as weak demand and AI-led deflation weigh on growth, but sees…

October 1, 2026 07:22 IST

SME stocks also carry additional risks, including lower liquidity, wider price swings and limited trading volumes.

Beyond the hype: 3 SME stocks where profit growth outpaces sales by over 3x

Discover how select SME-listed companies in India are achieving profit growth significantly outpacing sales growth by optimizing margins, working capital,…

October 1, 2026 05:00 IST

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