Industry2h ago
Indian IT Giants Face Rs 17 Lakh Crore Rout
A Rs 17 lakh crore market value erosion hits TCS and Infosys as AI disruption accelerates. Analysts expect muted Q1 results and weak guidance due to slowing client spend and pricing pressure. This volatility reflects a broader struggle to monetize generative AI. Firms must now prove their transition from legacy services to AI-native workflows.