IT Services
Reporting, analysis and features from AIM's IT Services section.
TCS Sees 3% Revenue Drop Despite AI Gains, Signals Bleak Q1 for Indian IT
No specific AI-led deal wins were disclosed, nor was there evidence that GenAI services have offset the broader demand slowdown.
Mohit Pandey ·
TCS Says AI Won’t Impact Hiring, Net Profit Drops 2% YoY in Q4 FY25
Total revenue for TCS crossed $30 billion for FY25—an increase of 3.8% YoY.
Mohit Pandey ·
Indian IT Firms Confront Americas Reliance Amid Gradual Diversification
Slower economic growth in the US and Europe has tempered IT spending, encouraging Indian companies to pursue new markets
Smruti S ·
Accenture’s Underwhelming AI Reality Check Spells Trouble for Indian IT
Clients want AI and Accenture is booking contracts around it, but it’s not yielding results as expected.
Mohit Pandey ·
AI Pushes Indian Tech SMEs to Rethink Survival Playbook
According to a Nasscom report, SMEs are expected to contribute 6–7% of India’s technology sector revenues in FY25, roughly $280 billion.
C P Balasubramanyam ·
Indian IT Majors Cut Visa Petitions by 44% in Four Years
A steep new US visa fee could reshape the global tech talent landscape while also bolstering India’s tech hubs.
C P Balasubramanyam ·
Indian IT Giants vs Startups: Who Will Script India’s AI Enterprise Story?
At Cypher 2025, leaders debated India’s enterprise AI future, concluding that it won’t be giants versus startups, but rather collaborative ecosystems.
C P Balasubramanyam ·
Stop Babying AI: Tech Mahindra’s Saurabh Jha Wants CEOs to Reinvent, Not Just Tinker
The executive urges enterprises to ditch linear thinking, embrace AI-first models, and reimagine entire industries before startups beat them to it.
C P Balasubramanyam ·
Hexaware CTO Says Without AI, 90% of Young Coders Would Struggle
The company has been working closely with Replit on its latest release, Agent 3, which launched globally on September 10.
Mohit Pandey ·
Inside Wipro’s Temple of Innovation: Data Readiness, Outcomes and Industry Impact
The company CTO, Sandhya Arun, says the metric of success of Wipro’s Innovation Network is measured by impact, not pilots or ROI.
C P Balasubramanyam ·
TCS to Build 1 GW AI Data Centre in India, Reports Moderate Q2 Growth
The company secured strategic multi-year deals totaling $10 billion in Total Contract Value.
C P Balasubramanyam ·
Indian IT CEOs Keep Getting Richer, Even in the Mid-Tier
While executive compensation packages hit record highs, employee salaries tell a more complicated story.
Mohit Pandey ·
CEO Stability is Paying Off for Mid-Size Indian IT
The CEOs of these mid-sized firms have all been in the driver’s seat for years—each with more than five years at the helm, driving great revenue growth.
Mohit Pandey ·
The Dark Side of AI Upskilling in Indian IT
“Effective upskilling isn’t about ticking boxes; it’s about formats that truly engage like interactive modules, case studies, hackathons, and real-world applications."
Mohit Pandey ·
Mid-Size Indian IT Might Be ‘Vibing’ a Little Too Much with AI
Declaring 15–20% revenue through AI when the category is in its infancy might be overreach.
Mohit Pandey ·
GPT-5 Forces a Rethink Across Indian IT
With GPT-5 sharpening the narrative, Indian IT faces short-term revenue shocks while eyeing new opportunities.
C P Balasubramanyam ·
Indian IT Caught Between Hours and Outcomes
India’s IT sector is loudly championing “outcome-based” AI pricing, but contracts still cling to old models. Clients want results, vendors promise value, and, yet, deals remain stuck in tradition.
C P Balasubramanyam ·
The RPE Divide: Giants Build Value, Mid-Tier Builds Volume
Mid-tier IT firms may be growing revenues, but without automation and IP monetisation, its per-employee productivity is capped.
Smruti S ·
ServiceNow India Head Says AI Agents Can Shrink the Indian IT Bench
“You can actually build AI which learns on both sides and creates personalised recommendations for each employee.”
Mohit Pandey ·
HCLTech GenAI Head Calls Out Agentic Washing in Indian IT
“Almost all deals now include AI. Distinguishing what constitutes AI revenue and what does not is vague."
Mohit Pandey ·