'At the end of the day, it is just another technology produced by the human mind.'
'Hiring within IT services firms is going to be very specialised.'
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
''When these agents are deployed at enterprise-grade scale, your risk will not just amplify, it will mutate.' 'And the reason is because you will have ungoverned agents.'
The technology services sector in India will continue to remain relevant to global enterprises transformation in the artificial intelligence (AI) era, the Nasscom US CEO Forum said, even though there will be changes in how services are delivered and scaled up. Chief executive officers of Indian technology companies, who attended the discussion, also said AI will expand the addressable market opportunity across enterprise modernisation, data, AI governance and intelligent operations.
'There's been a sense of FOMO, fear mongering and that has led to token consumption without linkages to ROI and without linkages to outcomes.'
In the first three quarters of 2025, FDE job demand jumped by nearly 800 per cent.
'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'
Titan will continue investments, even as it notes it is too early to assess how customer sentiment and store footfalls will be impacted by the Prime Minister's appeal to reduce gold consumption and the recent hike in import duty.
This could come as a setback to thousands of Indian engineers who have waited for years for their work visas to pave the way for the coveted Green Card.
OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.
IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.
Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.
Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.
Cognizant CEO Ravi Kumar's annual compensation increased by 28 per cent to $21.5 million in 2025, while CFO Jatin Dalal's compensation dropped by 30 per cent to $7.08 million, according to a recent proxy statement.
Wipro, India's fourth-largest IT services company, has secured an eight-year deal with Singapore-based Olam group, valued at over $1 billion, and will also acquire Olam's IT and digital services arm, Mindsprint, for $375 million, marking one of its largest contracts to date.
The Trump administration's proposed H-1B wage structure aims to increase pay for skilled overseas workers in the US by an average of $14,000, with Level I wages potentially rising to $97,746. This move, coupled with a weighted selection process favouring higher-skilled workers, is intended to curb abuse of visa programmes and ensure parity with American workers, but has already led to a sharp decline in H-1B applications, particularly from Indian IT companies.
