India IT
2 stories
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financeHCLTech Forecasts Weak Growth Amidst Client Spending Cuts
India's HCLTech projects cautious fiscal 2027 revenue growth of 1%-4%, falling short of analyst expectations due to reduced client discretionary spending. The IT giant cites global uncertainties and specific project scale-downs.
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financeIndian IT Stocks Face Record Outflows Amid AI Disruption Fears
February saw the highest foreign outflows from Indian IT stocks in seven months as AI advancements raise concerns about future earnings and market capitalization.