Wipro

‘This is a market overreaction’: Tech Mahindra CEO Mohit Joshi on Anthropic AI threat to Indian IT firms

Feb 04, 2026, 09:03 PM IST

Mohit Joshi, CEO and managing director of Tech Mahindra, has dismissed fears around Anthropic’s new AI tool, calling the sharp sell-off in IT stocks a market overreaction. He said artificial intelligence represents a technology shift that will ultimately act as a tailwind for IT services and software companies rather than replace them.

Infosys, TCS, Wipro, HCL Tech, TechM: Cues for Indian IT from Cognizant Q4 results

Feb 05, 2026, 11:43 AM IST

TCS, Infosys, HCL Tech: Nirmal Bang Institutional Equities said the increase in discretionary spending called out by Cognizant, especially in the BFSI vertical in North America is a strong positive for the Indian IT industry.

9-12% of IT services revenue stands to be eliminated: MOFSL on Anthropic, Palantir impact

Feb 05, 2026, 10:40 AM IST

Amid the ongoing rout in IT stocks, domestic brokerage firm Motilal Oswal Financial Services believes 9-12 per cent of IT services revenue stands to be eliminated.

IT stocks: Anthropic AI sparks ‘DeepSeek 2.0’ moment; selloff an opportunity for investors?

Feb 05, 2026, 08:44 AM IST

Anthropic’s Claude co-worker plugins showed how quickly foundation model providers can ship end-to-end workflows across legal, sales and analytics, said Nirmal Bang.

Explained: Why Anthropic’s new AI tool is spooking India’s IT services industry

Feb 04, 2026, 11:24 AM IST

For investors, the concern is simple, tools like these could reduce the need for large teams doing repetitive or process-driven work.

Anthropic AI tool: Why Infosys, TCS, Wipro, HCL fell up to 6% today

Feb 04, 2026, 09:23 AM IST

Infosys, India's second largest IT firm, saw its shares plunging 4.51 per cent to Rs 1,580.35. TCS, the largest software exporter by sales, was down 3.15 per cent at Rs 3,122 at open.

Top 5 IT stocks lose Rs 1.8 lakh cr in m-cap: Mayuresh Joshi on what’s bothering investors

Feb 04, 2026, 01:35 PM IST

Data showed that the top five IT firms by market capitalisation, Tata Consultancy Services Ltd, Infosys Ltd, HCL Technologies Ltd, Wipro Ltd and Tech Mahindra Ltd, lost Rs 1.78 crore in market value by 1.30 pm.

IT shares stare at selloff? Infosys, Wipro ADRs tank after Anthropic’s new AI tool

Feb 04, 2026, 08:55 AM IST

American depository receipts (ADRs) of Infosys plunged 5.56 per cent overnight to $17.32, while Wipro ADRs fell 4.83 per cent to $2.56, stoking concerns of a selloff in Indian information technology stocks.

Wipro, Infosys, TCS: IT stocks in focus today on India-US tariff cuts

Feb 03, 2026, 08:58 AM IST

IT stocks, impacted by subdued quarterly earnings, could be the major beneficiaries of the tariff cut move today.

How Santoor Became The No 1 Player In India’s Soap Market

Jan 30, 2026, 09:00 PM IST

In an interview with Business Today, Vineet Agrawal, CEO, Wipro Consumer Care & Lighting, shares the key moments from Santoor’s journey from being a small player to taking on the deep-pocketed HUL and its large brand portfolio. Today, Santoor with revenues of Rs 2,850 crore is the largest soap brand in India. The soap category calls for distribution muscle, money to be spent on advertising and promotion plus a unique positioning. What Santoor had going for itself was a strong turmeric and sandalwood platform, one that found resonance in the south. A relentless focus on the region coupled with media money spent smartly led to the initial breakthrough. That was not enough since that was still marginal. The opening came when HUL unfurled its power brand strategy and that meant Rexona, the biggest player in Andhra Pradesh (it then included Telangana), was unlikely to be as important. Santoor was quick to capitalise on that and grabbed market share before moving into other parts of the south. Over time, it gained a leadership position by a clear distance, precluding competition from making a mark.

AI Power Play In Delhi: Top Tech CEOs Meet PM Modi To Shape India’s Artificial Intelligence Future

Jan 30, 2026, 01:23 PM IST

Top CEOs of India’s leading technology companies shared their insights after meeting Prime Minister Narendra Modi in Delhi, focusing on the future of artificial intelligence and India’s digital leadership. HCLTech CEO C Vijayakumar, LTI Mindtree CEO Venugopal Lambu, TCS CEO K Krithivasan, and Wipro CEO Srini Pallia discussed opportunities around AI innovation, skilling, and responsible deployment. The interaction highlighted the government’s push to position India as a global AI hub, with emphasis on talent development, ethical frameworks, and industry collaboration. The meeting signals deeper public–private engagement as India accelerates its AI-driven growth strategy.