A potential Trump presidency threatens the Indian IT sector with tariffs and visa curbs. This could be the shock therapy needed to force cash-rich giants like TCS and Infosys to pivot from cost arbitrage to genuine innovation and product development.
India's largest IT services firm, TCS, is set to reduce its workforce by 2%, impacting over 12,200 employees. We analyze the reasons behind this strategic shift and its implications for the Indian IT sector's future.
The Indian stock market witnessed a sharp downturn on Friday, with the Sensex and Nifty plummeting after IT major TCS reported disappointing Q1 revenue figures. The weak performance from the tech giant sparked a sell-off in the IT sector and soured overall market sentiment.
India's largest IT services company, Tata Consultancy Services (TCS), announced its Q1 FY26 results today. The results, which showed modest growth, have set a cautious tone for the IT sector as investors watch for signs of a demand revival.
