Foreign institutional investors (FIIs) are fleeing India’s tech sector at an alarming rate, unconvinced that software services giants can survive the AI disruption that threatens to erode their business models. FIIs withdrew Rs 10,956 crore from Indian IT stocks in the first two weeks of February after the launch of new models from Claude and […]
As the December quarter earnings season kicks off for the IT sector, investor attention is firmly on large-cap names like TCS, HCL Tech and LTIMindtree, with the Street bracing for a seasonally softer quarter on revenue but closely monitoring deal momentum, margins and the evolving AI story.For TCS, expectations are largely stable and unspectacular. The […]