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Saturday, April 11, 2026
TopicIndia IT sector

Topic: India IT sector

Indian IT stock selloff deepens on AI scare after Citrini report

Citrini Research Tuesday outlined a scenario in which firms including TCS Ltd, Infosys Ltd, & Wipro Ltd would see contract cancellations accelerate through 2027.

TCS, Infosys to offer clues on 2026 demand as street estimates look up

IT firms appear to be firming up artificial intelligence strategies as TCS and Coforge Ltd. have acquired smaller firms for their AI expertise.

What is American H-1B visa system & why Trump’s $100,000 fee proclamation triggered panic

Each year, nearly 85,000 H-1B visas are granted via a lottery system. Between October 2022 and September 2023, 72 percent of nearly 4,00,000 visas were granted to Indian nationals. 

Wipro’s CEO Thierry Delaporte resigns, to be replaced by Srinivas Pallia

Delaporte was leaving to 'pursue passions outside the workplace'.Srinivas Pallia, a 32-year veteran of the company, will take over from 7 April, Wipro said in a statement.

Nearly 6% of outsourced contract workers lost jobs from Jan-Mar in IT, says recruitment body

India's unemployment rate in April rose for the fourth month in a row to 8.11%, from 7.8% in the previous month, according to Centre for Monitoring Indian Economy.

On Camera

How do employees air out their appraisal frustrations? Through reels on Instagram

During appraisal month, tensions run especially high, resignations abound, and the one place it all airs out is on Instagram.

India bond yields rise as RBI moves to drain liquidity, lift overnight rates

New Delhi: India’s sovereign bond yields rose after the central bank announced its first step this year to drain cash from the banking system,...

Army promotes Col Purohit, acquitted in 2008 Malegaon blast case, to Brigadier; to not retire yet

This means he will serve Indian Army for a minimum of another 2 years as Brigadier, unless he picks up the next rank of Major General.

The world’s in a flux. India must reform, consolidate & build a strong economy

We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.