New Delhi, July 16 (IANS) Information technology (IT) services sector revenue growth in India is set to stay muted this fiscal (FY27) and the next (FY28), as artificial intelligence (AI)-driven disruptions, weak discretionary spending and continuing geopolitical uncertainties deepen a four-year slowdown, a report showed on Thursday.Mid-tier IT companies could prove to be nimble in this environment. For the broader industry, the key test will be how quickly companies reinvent business models, ada…
Latest IT Services Sector News & Updates
New Delhi, April 13 (IANS) India’s IT services sector is showing early signs of recovery with improving growth visibility and strengthening fundamentals, a new report said on Monday.The data compiled by BNP Paribas highlighted that despite cautious investor sentiment, underlying indicators suggest a gradual rebound in demand and earnings momentum.The brokerage noted that near-term trends are turning more supportive, backed by rising hiring activity, steady management commentary, and continued …
Washington, Mar 21 (IANS) The Trump administration unveiled a national framework on artificial intelligence, which could shape Indian talent, IT firms, and policy debates as the US moves to lead the global AI race.US new AI policy push signals shift for IRevealing the six-point plan to boost innovation, protect citizens, and strengthen US leadership, the White House said it wants to “win the AI race to usher in a new era of human flourishing, economic competitiveness, and national security for…