Latest Updates Around The World
Mumbai: Traders have stepped up their bearish derivatives bets on India’s IT sector to all-time highs in recent times as global AI-related developments have raised questions over the prospects of software exporters and triggered a sharp sense of risk in the sector. While most IT stock futures see their biggest position builds in 2026, bearish […]
The recent partnership between Infosys and US-based AI startup Anthropic has created buzz on the streets, but industry experts are urging investors to separate hype from long-term fundamentals.Speaking to ET Now, Sumit Pokharna of Kotak Securities described the partnership as “a step in the right direction” and “the need of the hour.” He explained: “The […]
Wipro CEO Srini Pallia | Photo credit: Artificial intelligence is underlying technology deals that Indian software services providers are vying for as companies move from AI test deployments to large projects, says Srini Pallia, CEO of Wipro. As budgetary constraints ease, Wipro is bidding for several small AI deals in addition to large and mega […]
India’s second-largest IT services company Infosys on Saturday issued a statement on the unprecedented 40% rise in its American Depositary Receipts (ADRs) on the New York Stock Exchange (NYSE) on Friday, saying that no material events related to the move have occurred that required disclosure.“The Company observed volatility in the price of its American Depositary […]
