The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.
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.
'Advanced skills is such a broad spectrum that a simple prompt engineer to a critical upper end LLM developer are clubbed under one.' 'In addition, some include their non-technical employees who can use AI tools under this talent base.'
French information technology (IT) and consulting services major Capgemini on Monday said it would acquire Mumbai-headquartered WNS for $3.3 billion in cash. This could be one of the largest merger & acquisition deals in the IT services and business process management sector.
Seems to reflect a maturing of the segment; Delhi-based Wingify buys US-based entity a day after Zomato's Polish buyout
Snapdeal had appointed merchant bankers for listing on an American stock exchange
Flipkart might consider Singapore, too, as listing norms aren't very strict.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
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