The Indian IT sector is witnessing a gradual recovery, with growth prospects looking better for 2025-26 (FY26) compared to 2024-25 (FY25). However, normalisation of growth remains elusive. In this context, Kotak Institutional Equities recommends a balanced approach to IT investments, favouring established leaders like Infosys and Tata Consultancy Services (TCS), alongside challengers such as Coforge […]
Rahul Chadha’s investment strategy for industrial and consumer stocks – CNBC TV18
Shikhara Investment is taking a selective approach to the consumption space, favouring autos, hospitality, hotels, travel, and tourism, while staying cautious on certain consumer staples due to high valuations. Founder and CIO Rahul Chadha, pointed out that some segments, like paints, value retail, and quick commerce, face rising competition and margin pressures, making them less […]
WEF 2025: Need to have an agile thinking on AI and Gen AI, says Cognizant CFO Jatin Dalal – CNBC TV18
There needs to be agile thinking in response to the rapidly evolving AI and Generative AI technologies, says Jatin Dalal, CFO of Cognizant. In an interview to CNBC-TV18, Dalal highlighted the uncertainty surrounding the return on investment (ROI) of these technologies, urging companies to embrace experimentation and avoid rigid financial constraints. “Don’t worry too much […]
Axis Capital bets on these IT stocks – CNBC TV18
Manik Taneja, Executive Director for IT Services and Internet at Axis Capital, shared his top picks in the information technology (IT) sector as TCS kicked off the third-quarter earnings season on January 9. Among Tier-I companies, Taneja prefers Wipro and Infosys. Among the tier-II firms, Taneja is bullish on Zensar Technologies, Sagility India, and Firstsource […]
Cognizant engaged in discriminatory conduct against non-Indians: US jury – CNBC TV18
Cognizant Technology Solutions Corp. engaged in a pattern of discriminatory conduct toward non-Indian workers and should pay punitive damages to compensate employees who suffered harm, a US jury found. The verdict came after the IT firm failed to persuade a Los Angeles federal judge last month to toss a 2017 job bias class-action lawsuit when […]