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

‘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.

Wipro shares tumble nearly 8% after Q3 results; what analysts say

Wipro shares tumble nearly 8% after Q3 results; what analysts say

Jan 19, 2026, 10:48 AM IST

The Bengaluru-based software exporter reported a consolidated net profit (attributable to equity shareholders) of Rs 3,119 crore for the December quarter, down 7 per cent from Rs 3,358 crore in the same period last year.

Wipro Q4 guidance weak: Should you buy, hold or sell this IT stock?

Wipro Q4 guidance weak: Should you buy, hold or sell this IT stock?

Jan 19, 2026, 08:57 AM IST

JM Financial said Wipro’s Q3 results were lacklustre and highlighted persistent growth challenges, noting that strong last twelve month deal bookings were yet to translate into revenue.

TCS, HCL Tech Q3 results: How Infosys, Wipro ADRs are faring today

TCS, HCL Tech Q3 results: How Infosys, Wipro ADRs are faring today

Jan 12, 2026, 07:33 PM IST

Infosys ADRs were trading 0.79 per cent lower at $17.69 in the pre-market. Wipro ADRs stood at $2.88, up 0.35 per cent on NYSE.

TCS, Infosys, HCL Tech, Wipro, TechM: Key takeaways from Accenture Q1 results

TCS, Infosys, HCL Tech, Wipro, TechM: Key takeaways from Accenture Q1 results

Dec 19, 2025, 08:20 AM IST

MOFSL said AI services demand could begin to improve from mid-2026 as hardware-led AI capex intensity moderates. The March-April 2026 budget reset period may serve as an initial indicators, it said.

Shiv Nadar, Azim Premji: 2 IT czars lost $8.8b, among 10 worst hit billionaires in 2025

Shiv Nadar, Azim Premji: 2 IT czars lost $8.8b, among 10 worst hit billionaires in 2025

Dec 15, 2025, 11:13 AM IST

Shares of HCL Tech and Wipro have fallen 12–13 per cent so far in 2025, which is relatively better than the 14.25 per cent decline in the BSE IT index over the same period.

LTTS, Coforge, Wipro: IT stocks rally up to 4% as rupee hits record low; what's next?

LTTS, Coforge, Wipro: IT stocks rally up to 4% as rupee hits record low; what's next?

Dec 04, 2025, 10:49 AM IST

LTTS climbed 4 per cent to hit a high of Rs 4,687.05. Coforge Ltd, Mphasis and Persistent Systems Ltd, HCL Technologies and TCS added 2 per cent each. Wipro and Infosys rose 1 per cent each. Cyient was flat.  

Infosys, Coforge, Wipro, eClerx: Nomura’s IT stock picks as it rejects ‘AI loser’ fears

Infosys, Coforge, Wipro, eClerx: Nomura’s IT stock picks as it rejects ‘AI loser’ fears

Nov 28, 2025, 09:05 AM IST

Nomura's preferred picks were Infosys and Cognizant (unlisted) among large caps, Coforge among mid-caps and eClerx among small caps. The brokerage retained its contrarian Buy on Wipro.

Wipro inks multi-year Odido Netherlands deal to revamp IT landscape; stock ends flat

Wipro inks multi-year Odido Netherlands deal to revamp IT landscape; stock ends flat

Nov 27, 2025, 04:40 PM IST

According to the filing, the engagement marks a major shift in Odido’s technology strategy, with Wipro set to deploy its AI-led platforms and consulting capabilities to modernise digital and enterprise systems.

Wipro shares in focus as firm to undertake AI innovations in telecom, healthcare

Wipro shares in focus as firm to undertake AI innovations in telecom, healthcare

Nov 27, 2025, 08:53 AM IST

The IT stock ended 1.77% higher at Rs 250.15 on Wednesday against the previous close of Rs 245.80. Market cap of the firm stood at Rs 2.62 lakh crore. 

Wipro shares in focus after AI partnership with HanesBrands; key details

Wipro shares in focus after AI partnership with HanesBrands; key details

Oct 30, 2025, 08:50 AM IST

The partnership leverages Wipro Intelligence WINGS, the company’s proprietary AI platform, and marks a key milestone in HanesBrands’ strategic IT 2.0 transformation initiative.