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TCS, Infosys, Wipro and other IT stocks soar up to 4%. Here’s what’s triggering the surge
IT stocks rallied up to 4% on Wednesday after CLSA retained its Outperform rating on key names, easing concerns around AI-led disruption that had sparked a sharp selloff last month. Coforge and Persistent led gains, rising over 4% each, while TCS, LTIMindtree, HCL Tech, Tech Mahindra and Wipro also posted strong advances.
Stocks to Watch for March 18: Tata Steel, Tech Mahindra, Varun Beverages, Wipro and more
From India Glycols Limited announcing an interim dividend of ₹7.5 per share to Varun Beverages Limited’ South African arm acquiring a 100% stake in Crickley Dairy Proprietary Ltd, here are the stocks to watch ahead of Wednesday’s trading session.
Tech Mahindra to buy remaining 20% stake in Saudi subsidiary from Midad
Tech Mahindra London will acquire 20% of Tech Mahindra Arabia from Midad for SAR 83.7M. Expected by July 15, 2026, Tech Mahindra will hold 100% of Tech Mahindra Arabia.
Tech Mahindra Share Price Live Updates: Tech Mahindra shows low market sensitivity
IT firms rethink billing as artificial intelligence reshapes work
US-based IT services company EPAM Systems Inc, and homegrown Tech Mahindra Ltd are looking to include artificial intelligence costs in billing rates and charge clients based on AI usage, instead of the traditional model of billing for engineers' time, as automation tools disrupt the industry.
Tech Mahindra Share Price Live Updates: Tech Mahindra Stock Price History
Sensex Today Trades Lower | Nifty Below 23,350 | Tata Steel & Tech Mahindra Top Losers - Equitymaster
Sensex Today Trades Lower | Nifty Below 23,350 | Tata Steel & Tech Mahindra Top LosersEquitymaster
Sensex Today Trades Lower | Nifty Below 23,350 | Tata Steel & Tech Mahindra Top Losers - Equitymaster
Sensex Today Trades Lower | Nifty Below 23,350 | Tata Steel & Tech Mahindra Top LosersEquitymaster
Tech Mahindra Share Price Live Updates: Tech Mahindra's Stock Down by 1.24% Over the Week
Are Indian techies losing jobs due to AI? CLSA analysts make a strong argument
Despite fears of AI-driven layoffs in India’s IT sector, CLSA analysts say hiring remains steady, and revenue per employee is rising. IT giants like TCS, Infosys and Tech Mahindra continue to expand recruitment, especially for specialised AI roles, while AI adoption boosts productivity and margins without threatening core jobs.
Tech Mahindra Rubbishes Viral Buzz of 30,000 Layoffs
Tech Mahindra has dismissed social media rumours claiming the company plans to lay off thousands of employees, stating in an exchange filing that no such proposal is under consideration.
