Indian IT services firms face a growth slowdown due to Artificial Intelligence. AI tools reduce project effort, impacting billing. Large IT firms expect 5-6% revenue growth, while mid-cap firms anticipate 10-12%. Contract renewals may lead to pricing cuts. India’s position as the world’s software factory remains secure. Valuations may need adjustment in this new growth environment.Read More
The rupee appreciated 17 paise to settle for the day at 90.61 (provisional) against the US dollar on Thursday, as foreign fund investments lifted investor sentiments.Read More
Mamaearth Q3 Results: The company’s revenue from operations stood at Rs 602 crore in Q3FY26, recording a 16% growth versus Rs 518 crore in the October-December period of FY26.Read More
SBI has overtaken TCS and Infosys in market value—a feat unimaginable five years ago, says Gurmeet Chadha. The surge reflects PSU banks’ sharp turnaround driven by better risk management and digitisation, even as IT stocks face heavy AI-led selling. Nifty IT has dropped 21% in a year, while PSU banks soar.Read More
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