Are Boutique AI Firms India’s Next Big Thing?
AI-native consultancies are positioning themselves as smaller, faster engineering partners that can take AI projects from concept to production in days, not months
Supreeth Koundinya•5 min read
IT Services
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Indian IT’s New Workforces Come with a Margin Challenge
Indian IT firms are taking over technology teams and specialist businesses. Integrating their workforces while protecting client relationships and margins presents a challenge.
Mukundan Sivaraj · Oct 29, 2026
3 min read
‘Owning of the IP Itself is Meaningless,’ Says Mphasis’ Ravi Vasantraj
The Global Delivery Head argues that domain context, not AI models, will decide enterprise value. Here is what the numbers show.
Mukundan Sivaraj · Oct 28, 2026
3 min read
Infosys’s $5.2 Billion Deal Wins Fail to Lift FY27 Outlook
Infosys cut FY27 guidance to 1%-2% despite $5.2 billion in large deals and AI at 10.5% of revenue, as its largest new deal ramps up only next year.
Mukundan Sivaraj · Oct 27, 2026
3 min read
Tech Mahindra’s Q2 Revenue Modest, But AI-led Deflation Remains Higher
Tech Mahindra plans to disclose AI revenue separately in H2 FY27, giving investors a clearer view of its contribution to growth and profitability.
Mukundan Sivaraj · Oct 19, 2026
3 min read
Wipro’s Deal Slump Puts Its AI Growth Story to the Test
Wipro’s large-deal bookings fell 58.6% sequentially, yet its CEO says AI is helping it win deals.
Mukundan Sivaraj
The Unintended Winner of US Green Card Pause: India’s Offshore AI Hubs
The US government halted PERM applications from four Indian IT firms. While that may shrink margins, it could also offer an AI offshoring opportunity.
Mukundan Sivaraj
HCLTech Shows Indian IT Can Win AI Deals—But at the Cost of Core Business
HCLTech’s guidance raise is acquisition-led, with AI, along with a single acquisition, driving about 70% of services growth.
Mukundan Sivaraj
Indian IT's Q2 Will Test the Economics of AI
Indian IT stocks enter the Q2 earnings season with strong deal bookings but muted revenue growth as AI creates new work while pressuring the economics of existing contracts.
Mukundan Sivaraj
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Accenture Sells AI to the World. Its Own Filing Says AI Could Shrink Its Business
The company that sells "reinvention with AI" to the world is guiding to its own slower growth, and its filing says AI could shrink demand for its services.
Mukundan Sivaraj•Oct 2, 2026•14,241 views
HCLTech Wants AI Agents to Run Corporate Finance
What happens when AI stops processing invoices and starts deciding what happens next? HCLTech is betting on agentic finance—but with humans still in the loop
Ajay Rag•Sep 1, 2026•13,956 views
With Nagarro Acquisition, Persistent Has Scale. Now Comes the Hard Part
Persistent's Nagarro deal adds people, clients and European reach. The harder test is whether that scale can translate into higher-value AI and engineering work.
Mukundan Sivaraj•Sep 29, 2026•12,347 views
ITC Infotech-Happiest Minds Merger Is a Warning Shot for India's Mid-Tier IT
The ₹7,000-crore merger creates scale. But its bigger significance lies in what it says about the pressure building on India’s mid-sized IT services firms.
Ajay Rag•Sep 4, 2026•11,620 views
Indian IT’s Revenue Per Employee is Rising. But is AI Getting Too Much Credit?
The growth in revenue per employee is raising questions over whether the sector is witnessing a genuine structural shift or simply getting leaner.
Ajay Rag•Aug 21, 2026•10,187 views
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Can Mid-Market Deals Save HCLTech From the Great AI Tech Squeeze?
With AI squeezing traditional IT services growth, HCLTech is betting on a separate model to capture mid-market AI spending. But the segment is not easy to crack.
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After 18% Rally and 13% Drop, Indian IT Stocks Face AI’s Real Q2 Math
Nifty IT rose 18% and then fell 13% in the July-September quarter. Q2 FY27 earnings will offer an early test of whether AI revenue can offset pricing pressure.
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Indian Engineers are Jack of All Trades, But FDE Roles Demand Master of AI
Beyond deploying AI, a Forward Deployed Engineer needs to understand the industry's business processes and how work actually happens inside a specific company.
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Why India’s IT Giants Need Mexico When AI Shrinks the Team
Indian IT services firms are using Mexico for customer-facing work as AI reshapes global engineering and delivery.
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HCLTech Didn’t Want Data Centres. Then AI Changed the Math
HCLTech is breaking from its asset-light playbook to own AI data centre infrastructure, betting that a full-stack model can deliver higher returns.
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Chandra’s Exit Brings a Rare Moment of Uncertainty for Tata Group
N Chandrasekaran’s exit has unsettled investors at a critical juncture for the Tata Group, raising fresh questions over succession, capital allocation and the conglomerate’s future direction.
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