IT Services
Latest news, explainers and analysis on IT Services. Tracking 5 stories on Arth Vani.
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Latest on IT Services

TCS Flags Potential Employee Data Exposure
Tata Consultancy Services (TCS) has reported receiving threat-intelligence alerts suggesting a possible exposure of certain employee data. The IT giant has assured that there is no indication of customer data or systems being impacted.

AI Fuels Pricing War Among IT Services Firms as Clients Seek Lowest Bids
The growing demand from clients for artificial intelligence (AI) to boost productivity is intensifying a price war within the IT services sector. Technology companies are slashing prices to win contracts, as clients increasingly select vendors based on the lowest bid for projects.

L&T Technology Services' Strong Start to FY27: What it Means for Investors
L&T Technology Services has begun FY27 on a positive note, boosting investor confidence. However, the company's high valuation compared to other top IT firms suggests that future earnings growth must meet high expectations to justify its premium.

Persistent Systems Shares Plunge on €1.27 Billion Nagarro Acquisition News
Persistent Systems' shares saw a significant drop of nearly 11% after the company announced its plan to acquire Germany-based Nagarro for €1.27 billion. While the deal aims to strengthen Persistent's presence in Europe and boost its revenue, market experts have raised flags over the high valuation and potential challenges in integrating the new business.

Wipro Launches AI Innovation Hub in Bengaluru; Focuses on Anthropic's Claude Models
Wipro has established a new 'Applied AI Center of Excellence' in Bengaluru to scale artificial intelligence for global clients. The tech giant plans to train 10,000 employees as it pivots toward becoming an AI-first consulting firm.
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