Indian information technology (IT) services companies reported lacklustre growth in the second quarter, at a time when the macroeconomic environment did not deteriorate further. HCLTech emerged the best performer among India's top six IT services firms with a constant-currency growth rate of 4.6 per cent, even though uncertainties continued to persist.
Infosys, HCL, Wipro ramp up fresher intake as AI reshapes skills demand and hiring shifts from 'hire to train' to 'train to hire'.
At an estimated 1.9 billion in losses and over 5,000 UK organisations affected, the Jaguar Land Rover cyberattack has been labelled the most economically damaging cyber incident in UK history, exposing the deep vulnerability of interconnected supply chains.
Physical AI equips machines with the ability to perceive, learn, and act in the real world by integrating AI algorithms with sensors and actuators in physical systems like robots and vehicles.
The 15-year agreement will see Infosys develop a next-generation, data-driven workforce management platform to replace the existing electronic staff record (ESR) system, which annually manages a 55 billion payroll for 1.9 million NHS employees.
Tech Mahindra's net profit declined 4.5 per cent to 1,195 crore in the September quarter over a year earlier. It was, however, slightly higher than 1,141 crore sequentially.
HCLTech reported flat net income of Rs 4,235 crore in the second quarter of 2025-26 (Q2FY26) compared to last year, even as its revenue was up 10.7 per cent to Rs 31,492 crore helped by financial services and technology business verticals.
The principal problem lies in lack of training infrastructure and relatively lax safety standards.
With 18,000 employees already, NatWest eyes 3,000 engineers in India by next year to strengthen its AI and data capabilities.
Indian information-technology (IT) service providers are likely to report another quarter (July-September) of low, single-digit growth owing to macro uncertainties, chiefly emanating from America, with no respite in sight even in the second half of the year.
Companies such as TCS, Infosys, Wipro and HCLTech usually have big centres in cities to be in proximity with their clients.
'The frenzy for gold is primarily due to the uncertainty surrounding the tariff war.'
'We do not need short-term measures but long-term ones. Companies seem to have given up on the infrastructure part. Long delays are fuelling more traffic crisis.'
'The way the attacks are coming has become much stronger and much wider because of AI.'
The US remains the largest market for IT outsourcing, and for Indian giants TCS, Infosys and Wipro, it contributes around 40 per cent of their top line.
'It is good to have the H1-B visa option but if tomorrow things happen to change, it is not the end of the world situation.'
'One has to be very mindful because it will be applicable for big tech platforms and even for banks and insurers, whose business is completely different.'
People with no knowledge of coding or computer languages can use vibe coding using plain English command with AI-assisted software development.
A Pakistan that is more secure in its relations with the US is also one that might well wish to indulge in another cross-border misadventure.
More than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms -- TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Cognizant, and LTIMindtree -- over the past 12 months.
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