The heavyweight IT stocks are leading losses on benchmark indices Sensex and Nifty. The Nifty IT index is currently the top losing sectoral index on the markets.
This eroded significant investor wealth, as the Infosys market capitalisation plunged by over Rs 54,000 crore, bringing its ...
Last week, US IT stocks began their sell-off on Wall Street after a new tool dropped by Anthropic, regarding legal briefs, led to a $300 billion wipeout in market capitalisation of software stocks.
India's IT services sector has grown rapidly over the past two decades, but entry-level salaries for freshers have barely ...
Infosys, India's second largest IT firm, saw its shares plunging 4.51 per cent to Rs 1,580.35. TCS, the largest software ...
Shares of Infosys opened gap down with a loss of 4.51 per cent at Rs 1580.35 against the previous close of Rs 1,654.95 on the ...
The immediate trigger for the global sell-off was the launch of a new AI automation system by US-based AI firm Anthropic as ...
TCS stock - Read all the latest news headline updates on TCS stock. Get all the TCS stock breaking news updates, videos, photostories and more at Business Standard.
At 12 PM, shares of LTIMindtree had fallen 7.97%, followed by Infosys down 7.89%, Coforge slipping 7.73% and Persistent ...
Anthropic’s latest enterprise AI upgrade triggered a sharp sell-off in the stock market, as investors grew concerned that ...
IT stocks crash: Indian IT stocks, including tech behemoths like Tata Consultancy Services, Infosys and Wipro, fell like ...
Over the past year, major IT companies have quietly tightened policies, and what was once “hybrid encouragement” in 2024 is ...
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