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(Bloomberg) -- Microsoft Corp. announced its fourth data center region in India is up and running as part of a broader $20.5 billion investment in the country to build out cloud and artificial intelligence capabilities. Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanGoogle AI Veterans Depart During Seismic Leadership ShiftMicrosoft’s AI Sales Mostly Come From OpenAI, Disclosures ShowMajor Hedge Funds Targeted in Wave of Attempted CyberattacksWhy Do Data Centers U

INFY's Q1 fiscal 2027 earnings and revenues miss estimates as soft volumes and a client exit offset growth and rising AI sales.

Investing.com -- Infosys drew fresh analyst downgrades from JPMorgan and HSBC after its first-quarter earnings missed expectations, management cut its fiscal 2027 revenue growth guidance for a second consecutive quarter, and announced a CEO transition, reinforcing concerns over slowing business momentum.

July 24 (Reuters) - Indian shares opened lower on Friday, pressured by the rise in Brent crude to above $100 per barrel as the Middle East crisis escalates, while a slide in IT company Infosys and

CEO transition announced as AI services hit 8.2% of revenue with double-digit growth.

Infosys Ltd (INFY) reports strong growth in AI services and large deals, but revises revenue guidance due to macroeconomic uncertainties.

Infosys (NYSE:INFY) announced a planned CEO transition alongside first-quarter results that showed modest constant-currency revenue growth, strong large-deal bookings and accelerating artificial intelligence-related revenue, while management lowered the top end of its full-year revenue growth outloo

(Bloomberg) -- Infosys Ltd. cut the upper end of its sales growth outlook as global clients slow down technology spending at a time of elevated interest rates and geopolitical conflicts.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyAlphabet’s $205 Billion Spending Target Fuels

BENGALURU, July 23 (Reuters) - Infosys reported lower-than-expected quarterly revenue on Thursday as India's second-largest IT firm's clients held back spending as artificial intelligence tools

(Bloomberg) -- Shares of software and IT services companies plunged Tuesday after International Business Machines Corp. reported preliminary results that missed analyst expectations, reigniting questions over the sector’s prospects.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkDisney Exiting Streaming Could Spur 40% Rally: Wells FargoO

By Haripriya Suresh and Bharath Rajeswaran BENGALURU, July 6 (Reuters) - India's top information technology companies are expected to report another subdued quarter, as AI-driven pricing pressure,

India's top information technology companies are expected to report another subdued quarter, as AI-driven pricing pressure, weak client spending, and ‌global geopolitical turmoil continue to weigh on growth, nine brokerages said. The April-to-June quarter is usually ‌a strong one for India's $315 billion IT sector, helped by higher billing days and new project starts, but analysts expect a ​slow start to the fiscal year that would push back hopes of a recovery. India's largest IT services company, Tata Consultancy Services, kicks off earnings on Thursday with peers Infosys, HCLTech and Wipro reporting later this month.

Investing.com -- India is seeking lower tariff rates than competing nations before moving ahead with a long-awaited trade agreement with the United States, Bloomberg reported, citing comments from Commerce and Industry Minister Piyush Goyal.

India's Nifty IT index slumped 5.6% on Friday after industry ‌bellwether Accenture forecast quarterly sales below ‌Wall Street view and lowered the upper end of its ​annual revenue outlook due to weakness in its Middle East business. Shares of Indian IT companies, including Tata Consultancy Services, Infosys, and HCL Tech fell ‌between 5% and ⁠8%. India's $315 billion IT sector has faced investor concerns that AI could disrupt ⁠its traditional, labour-intensive business model.

BENGALURU, June 19 (Reuters) - India's Nifty IT index slumped 5.8% on Friday after industry bellwether Accenture forecast quarterly ​sales below Wall Street view and lowered the upper end of its

Consulting giant forecasts $17.75 billion to $18.4 billion in quarterly revenue as bookings decline 2%.

Consultancy firm Accenture said on ‌Thursday it will ‌buy a majority stake ​in Dragos and fully acquire runZero and NetRise in a ‌combined deal ⁠valued at $4.18 billion. Shares of the ⁠Dublin, Ireland-based company fell about 5% ​in premarket ​trading. Separately, ​the company ‌also cut the top end of its annual revenue forecast.

A number of stocks fell in the afternoon session after the Federal Reserve held its benchmark rate at 3.5%–3.75%, where it sat since the central bank cut by three-quarters of a point in late 2025, while its dot plot signaled the easing cycle might reverse.

Hyderabad-based Electronics Mart India is looking to diversify away from the technology hub as concerns grow that potential AI-triggered ‌job losses could hurt consumer spending, a top executive said. The retailer gets ‌about 60% of its revenue from Hyderabad, which hosts offices of global companies such as JPMorgan Chase ​and Eli Lilly, and Indian IT majors Wipro and Infosys. Around a fifth of its stores in Hyderabad are located in neighbourhoods where the majority of the residents are software employees.

By Vivek Kumar M and Abhirami G June 3 (Reuters) - India's information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence

India's information technology stocks ‌were headed for ‌their biggest single-day drop ​in over four months on Wednesday as investors assessed the ‌impact ⁠of AI on demand for traditional ⁠software services. The IT index was ​down 5.8% ​at ​29,310.25 points. If ‌losses hold, this would be its worst day since February 4.

Investing.com -- U.S. Secretary of State Marco Rubio arrived in India on Saturday on an official diplomatic mission to repair bilateral ties strained by trade tariffs and shifts in Washington’s regional foreign policy, Reuters reported.

Radcom (NASDAQ:RDCM) reported a stronger first quarter of 2026, with management highlighting revenue growth, expanded profitability and continued investment in AI-driven telecom service assurance. Chief Executive Officer Benny Eppstein said the company delivered revenue of $18.6 million in the quar

May 12 (Reuters) - India's Nifty IT index tumbled 3.6% on Tuesday to its lowest level since May 2023, as a weak earnings outlook and fears of slowing demand for traditional IT services rattled

India's IT shares fell to a three-year low on Tuesday as investor jitters around the threat posed by artificial intelligence to flagship IT firms flared ‌up again, after OpenAI announced a new AI venture. The Nifty IT index fell 3.6% to ‌its lowest since May 2023, with Tata Consultancy Services, Infosys, HCL Technologies and Wipro falling between 2.5% and 4%. Analysts at HSBC ​said in a Tuesday note that India's top-tier IT firms largely failed to meet street expectations for earnings in March quarter as well as in their outlooks for the new financial year, adding that strong spending globally on AI could be "crowding out" demand for traditional IT services.

BENGALURU, May 6 (Reuters) - India's Coforge stock added more than $500 million in market capitalisation on Wednesday, closing 9.5% higher at 1,280 rupees, after the mid-tier IT firm forecast robust