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Mid-cap IT firms corner 58% of 2025 incremental revenue as enterprises widen vendor pool for large deals

Industry experts say the shift reflects a structural change in the outsourcing landscape, where large deals are no longer the exclusive territory of tier-one IT service providers.

Nifty IT rebounds, leads sectoral gains on value buying after sharp sell-off; TCS, Infy among top Nifty gainers

Several frontline IT stocks featured among the top gainers on the Nifty today. HCLTech and Tech Mahindra shares rose about 1.9 percent each. TCS stock gained 1.5 percent, Wipro added 1.3 percent, and Infosys advanced around 1.2 percent in the morning trade.

Stocks to Watch Today: Amber Enterprises, DCX Systems, Dr Reddys Labs, BMW Industries, Finkurve Financial, Zaggle Prepaid, Fractal Analytics in focus on 6 March

Stocks to watch, 6 March: Stocks like Jio Financial Services, Dr Reddy's Laboratories, Bajaj Auto, Standard Engineering Technology, Zaggle Prepaid Ocean Services, Tata Elxsi, Garden Reach Shipbuilders & Engineers, Wipro, and JK Tyre will be in focus on March 6.

HDFC Mutual Fund picks up shares worth Rs 185 crore in Amber Enterprises

Amber Enterprises India shares climbed 2.38 percent to Rs 7,834 amid high volumes on the BSE but still in the broad range of March 2. The stock sustained above all key moving averages.

Stocks to Watch Today: Hindustan Aeronautics, JSW Cement, Affle, Lupin, Greenlam, Greenply, Tata Motors, Natco Pharma, Reva Diamonds in focus on 4 March

Stocks to Watch, 4 March: Stocks like Hindustan Aeronautics, Dabur India, JSW Cement, Affle 3i, Lupin, HDB Financial Services, Mahindra and Mahindra, Greenlam Indusries, Reva Diamonds, Greenply Industries, Cipla, Capri Global Capital, Tata Motors, and Shalby will be in focus on March 4./

PM Modi Condemns Attacks on Qatar, Reaffirms Peace and Stability

Prime Minister Narendra Modi condemned recent attacks on Qatar and spoke with the Amir of Qatar, reaffirming India’s support for peace, stability, and dialogue amid escalating Middle East tensions.

Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters

Perhaps, in response to the deal, Dev Information Technology shares rallied 3.75 percent to Rs 24.08 amid severe market correction. It has a market capitalisation of Rs 133 crore.

IT stocks extend rebound for second day; Infosys, TCS, HCL Tech gain 2-4% as sector stabilises after sell-off

The second straight day of gains follows a bruising sell-off earlier in the week, when IT stocks came under heavy pressure amid fears that rapid advances in artificial intelligence (AI) could structurally alter the traditional IT services business model.

Bengaluru electricity board to set up cyber security centre

Bangalore Electricity Supply Company Ltd will hire a firm to set up a Cyber Security Operations Centre and has set aside Rs 30 crore for it

Nifty IT gains 1.6% on US tech rally, positive Anthropic comments; TCS, HCLTech among top Nifty gainers

The recovery in IT stocks today comes a day after the sector witnessed heavy selling. The rebound follows a strong overnight rally in global technology stocks, with the Nasdaq 100 rising over 1 percent.

Nifty IT index crashes over 5% as Anthropic’s AI claims fuel disruption fears; TCS, Infosys among top losers

The weakness in Indian IT stocks follows heightened global anxiety around AI-driven automation after recent claims by Anthropic on automating legacy software modernisation, a core revenue area for traditional IT services firms.

Data localisation is a good idea in a limited way, says Jason Oxman

On the AI related opportunities, Oxman said that India being the world’s largest democracy, and having more than 1.4 billion people where innovation is free to flourish – is the most exciting aspects for the technology industry.

Over-pivoting on building everything locally puts India at a disadvantaged position: Zscaler’s Jay Chaudhry

He argued for a combination of locally built technology combined with external software stack especially in critical and sophisticated areas like cybersecurity

‘No one is entitled to a visa’: Marco Rubio warns of revocations over US national security

US Secretary of State Marco Rubio said visas are not a right and can be revoked over national security concerns, as Washington tightens immigration rules and expands screening requirements.

'No longer just IT services', Wipro to pitch AI pivot at India Impact Summit

Infosys, Cognizant, and HCLTech have all affirmed a similar shift, telling investors that AI-led platforms and productivity gains are redefining their business models

Supreme Court refers data protection law amendment of RTI Act challenge to larger bench: 'No question of stay'

Central to the dispute is Section 44(3) of the DPDP Act, which amends Section 8(1)(j) of the RTI Act under which personal information could be disclosed if it bore a relationship to public activity or was justified by a larger public interest.

'Do stay tuned': Jaishankar says Quad Leaders' Summit was never cancelled and 'wouldn't overread it'

"The fact that the Quad did not take place at the summit level itself, I wouldn't overread it. So do stay tuned," Jaishankar said.

Keir Starmer warns Europe is a ‘sleeping giant’, urges cut in US defence reliance

UK Prime Minister Keir Starmer will tell the Munich Security Conference that Europe is a “sleeping giant” and must shoulder more defence responsibility, reducing reliance on the United States while strengthening NATO.

Supreme Court refuses to order disclosure of LoP Rahul Gandhi’s dissent on CIC appointments

The bench led by CJI Kant said that the limited purpose of the case was to ensure that vacant posts were filled, not to scrutinise the internal deliberations of the selection committee.

India's AI Economic Council a ‘brilliant idea’ to guide AI’s impact on jobs, says Cognizant CEO

He argued that productivity gains from AI need to be deliberately channelled back into the workforce to support long-term growth and social stability.

Cognizant plans to hire about 25,000 freshers in 2026 as AI boosts productivity

Contrary to the widespread discussion on AI-led job losses, the management said higher fresher intake is being supported by rising productivity at the bottom of the pyramid, enabled by greater use of AI tools and agentic software.

Infosys to setup US lender Citizens’ AI-first innovation hub in Bengaluru

The collaboration comes at a time when global banks are expanding India-based GCCs to scale AI development, talent, and digital product engineering.