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IT stocks gain for 3rd day on rupee fall, tempered AI view
Indian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software exporters. Despite ongoing AI disruption concerns, positive sentiment emerged from AI implementation roles for IT firms and attractive valuations, signaling a potential turnaround for the sector.
TCS tops ₹1 lakh crore net worth despite buybacks, mega dividends
Tata Consultancy Services crossed the ₹1 lakh crore net worth milestone in FY26 despite massive dividend payouts and buybacks, highlighting the financial strength and cash-generating ability of India’s largest software exporter.
US-based Intuit inks Rs 915 cr office lease for over 630,000 sq ft in Bengaluru
Financial software firm Intuit has secured a significant office space in Bengaluru. The deal involves over 630,000 square feet across 11 floors. This transaction highlights strong activity in India's office leasing market. Global Capability Centres are expanding their teams for engineering and AI. Intuit's expansion underscores its commitment to its India development centre.
ServiceNow and Salesforce shares climb as software stocks continue rebound - Investing.com India
ServiceNow and Salesforce shares climb as software stocks continue reboundInvesting.com India
Software jobs as we know them may soon cease to exist, says Anthropic CEO Dario Amodei
As AI tools become more and more capable of writing code, Amodei suggested that there is going to be a fundamental shift in how software is built and paid for.
SAP shares climb 5% as software stocks rally in Europe - Investing.com India
SAP shares climb 5% as software stocks rally in EuropeInvesting.com India
Oracle Financial Services Software Ltd soars 2.69%, rises for third straight session
Oracle Financial Services Software Ltd is quoting at Rs 9662, up 2.69% on the day as on 12:49 IST on the NSE. The stock is up 14.53% in last one year as compared to a 3.87% fall in NIFTY and a 21.31% fall in the Nifty IT index.
OFSS jumps 6% to 15-month high, up 60% from March lows; buy, sell or hold?
Share price of Oracle Financial Services Software, a majority-owned subsidiary of Oracle, rallied 6% to ₹10,000.50, its highest level since January 24, 2025, on the BSE in Tuesday's intra-day trade.
R. S. Software (India) Limited Notifies Exchanges of Registrar & Share Transfer Agent Merger - scanx.trade
R. S. Software (India) Limited Notifies Exchanges of Registrar & Share Transfer Agent Mergerscanx.trade
Semis bubble? Software cheap? Why BofA’s Subramanian disagrees - Investing.com India
Semis bubble? Software cheap? Why BofA’s Subramanian disagreesInvesting.com India
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.
Tata Trusts board meeting halted by regulator citing pending probe, as pressure to go public mounts
The regulatory intervention has revealed a deepening rift over whether to take Tata Sons — the conglomerate that produces everything from salt to software and cars — public.