Information Technology

TCS announced around eight deals in the third quarter, the highest among Tier-1 IT companies. Analysts at ICICI Securities have pegged quarterly deal total contract value in the $7billion-$9 billion range

IT moves beyond agentic AI as Wipro, Persistent bet on autonomous, quantum-led systems for 2026

While 2025 was about proving what agentic AI could do, 2026 is expected to be defined by scale and measurable business outcomes

Q3 results: From muted growth to AI deflation, 5 factors to watch out for in IT earnings

With seasonal headwinds clouding reported numbers, investors are likely to look past the quarter and focus on management commentary around CY26 budgets and AI monetisation timelines

Indian IT eyes revival in 2026 as AI projects move from proof of concept to execution

This shift is beginning to stabilise demand, but it is also forcing IT services firms to confront structural changes that will define growth beyond 2026.

Accenture Q1 signals stable demand but execution pressure for Indian IT firms

For Indian IT companies such as TCS, Infosys, HCLTech, and Cognizant, analysts say a stronger recovery is likely to depend on an improvement in macro conditions rather than company-specific execution alone.

AI-led RFP automation has boosted win rates at Cognizant, says Babak Hodjat

While AI has shortened RFP timelines, its biggest impact has been on the quality of responses rather than speed alone, the Cognizant’s chief AI officer tells Moneycontrol.

India better placed to attract global AI talent amid US visa, immigration curbs: Cognizant chief AI officer Babak Hodjat

The crackdown on foreign students and tougher immigration policies have made the US less welcoming, prompting many to consider alternatives such as Canada and Europe, Hodjat tells Moneycontrol

MC Interview: AI is a ‘second leg up’ for BPM; EXL’s opportunity has tripled, says CEO Rohit Kapoor

In an interview with Moneycontrol from the US, Kapoor said EXL has been posting double-digit growth, driven by a business mix that is increasingly data- and AI-led, with artificial intelligence embedded into client workflows.

LTIMindtree will stop filing fresh H1-B visa applications: CEO Venu Lambu

Lambu said the impact on LTIMindtree's onsite delivery model will be limited because the company has already reduced its dependence on H-1B over the last few years and built a strong local hiring engine in the US.

Education alone is insufficient without jobs, says Infosys' Sumit Virmani

India’s next wave of social innovators must focus on turning education and training into tangible employment outcomes, Virmani has said

Cross-GCC hiring now 60% as centres battle 20% attrition, says report

The whitepaper also highlights the rise of Tier-2 cities as expansion hotspots, driven by lower costs and a steady pipeline of engineering talent, however, attracting experienced senior professionals to these locations remains a challenge.

Cognizant seeks dismissal of Infosys counterclaims in TriZetto fight

The Teaneck-headquartered company has also asked the court to pause all antitrust-related discovery by Infosys until its dismissal plea is decided.

New labour code mandates salary disbursement by 7th of every month for IT employees

Also, the labour code asks IT/ITes companies to facilitate for women to work night shifts in all establishments, therefore, opportunity for women to earn higher wages.

IT union slams Karnataka's self-certification policy, calls it anti-worker move

The new provision allows companies to self-declare compliance, which the IT union argues grants corporations a free hand to violate labour laws without fear of scrutiny.

Tech, IT industry run huge risk if they do not turbocharge engineers, says MeitY’s Abhishek Singh

India’s ambitions to build its own LLMs are set to advance with Bengaluru-based Sarvam nearing the launch of its foundation model, Singh added during the panel discussion.

H-1B shift shows Trump moving from ideology to pragmatism, analysts say

Industry watchers say India’s IT sector remains largely unfazed as US visa restrictions tighten, with firms already localising hiring and reducing dependence on H-1Bs.

Karnataka to reimburse rent, property tax, power duty to lure IT firms outside Bengaluru

The strategy is to move technology jobs and investments into cities such as Mysuru, Mangaluru, Hubballi-Dharwad, Kalaburagi, Belagavi, Shivamogga, and Davanagere.

Happiest Minds says demand environment stable as digital, AI programs continue

Clients shift from pilots to production as tech spending focuses on efficiency and measurable outcomes.

Quess sees ‘green shoots’ in IT staffing during September quarter as select hiring mandates open

The demand is primarily in AI, cloud transformation, cybersecurity, enterprise platforms and SAP HANA upgrades, tied to ongoing technology modernisation in global enterprises.

Cognizant calls time on the IT era, bets future on AI built delivery

The firm continues to lean heavily on fresher hiring, targeting 20,000 campus recruits this year, while moving delivery towards AI-assisted development workflows.

Cognizant posts strongest sequential growth since 2022, raises full-year guidance to 6-6.3%

CEO Ravi Kumar S said that over 30% of the company’s code is now being generated by AI, improving developer productivity and enabling larger fixed-price deals.

Coforge leans on proprietary AI platforms as automation reaches 8% of revenue

Coforge’s strategy is to scale AI-led engineering, expand large accounts and maintain asset-light delivery.

Infosys stock falls today even after Q2 results beat Street, brokerages say ‘buy’; check share price targets, upside

Infosys Share Price Today: Analysts including Nomura, Jefferies, and HSBC issued ‘buy’ ratings on Infosys stock with target prices in the range of Rs 1,700-1,730 per share, citing steady execution, resilient margins, and an improving deal pipeline.

Our US workforce requiring sponsorship for immigration is a minority: Infosys CEO on H-1B visa

In January, the Bengaluru-headquartered firm announced that it had significantly reduced its reliance on H-1 B visas, as over 60 percent of its US workforce is now comprised of locals.

Wipro's headcount increases by 2,260 employees in Q2FY26

Wipro onboarded about 2,900 freshers during this quarter despite lower attrition in the previous quarter and better utilisation, said chief human resource officer Saurabh Govil during the company's second-quarter earnings conference.