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IT Stocks Face Double Whammy: $10 Billion FPI Outflow, Google's $500 Billion Rout
Indian IT has been among the biggest casualties of foreign portfolio investor selling since October 2024, with the sector witnessing net outflows of around $10 billion, according to Jefferies.
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Birlasoft Shares Surge 10% After Q2 Results; Rs 3 Interim Dividend Declared
Birlasoft shares remained in focus after the company announced an interim dividend of Rs 3 per share alongside its second-quarter results. The stock rose more than 10% in early trade
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IT Stocks In Red: Infosys, Coforge, Mphasis Lead Losses; Nifty IT Tanks Over 3%
The Nifty IT index slipped 3.38% as selling pressure hit large-cap and mid-cap IT stocks. Infosys, HCL Technologies, Tech Mahindra, and TCS were among the major losers
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Delhi’s Draft IT Policy Targets 200 GCCs, Tech Districts, 100% Online Government Services
Delhi’s draft IT policy for 2026-31 plans more than 200 Global Capability Centres, digital training for up to six lakh youth and all notified government services online, PTI reported.
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JD Vance Says H-1B 'Indentured Servants' Remark Targeted Companies, Not Workers
Although admitting his choice of words could have been better, Vance stopped short of a full retraction. He insisted that the employment-based visa system grants corporations too much power over foreign workers.
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Centre Advises Meta To Review Recommendation Systems To Prevent Public Disorder
MeitY, in its advisory, has also told Meta to ensure timely cooperation with law enforcement and other authorised government agencies, including furnishing information or assistance in accordance with applicable law and within the timelines prescribed under the IT Rules, 2021.
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IT Shares Rally: HCLTech, Tech Mahindra, TCS Lead Tech Stocks Surge Amid Global Market Rout
IT stocks extended their gains after HCLTech's September-quarter results beat expectations. The Nifty IT index rose 2.06% to 30,793.15, while HCLTech, Tech Mahindra, and TCS advanced as investors assessed earnings momentum and global technology trends.
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YouTuber Dhruv Rathee Gets Delhi Court Summons In Case Over 2018 'BJP IT Cell' Video
Vikas Pandey, who founded the social media page 'I Support Narendra Modi', said the video claimed he had offered Rs 50 lakh to someone to withdraw allegations that the BJP IT Cell spreads fake news. Arvind Kejriwal also faced the case over re-sharing the video.
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Candidate Stunned After More Than 16,000 Applicants Apply For Entry-Level IT Job: 'Dystopian Reality'
An entry level IT support job attracted over 16,000 applicants in two weeks, highlighting job market challenges.
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'IT Companies Can Become Growth Stocks For Next Decade', Says Renaissance's Pankaj Murarka
Murarka said IT companies are prioritising investments and growth, while AI revenues and margins are consistently accelerating.
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61-YO IIT Kanpur Alumni Struggles To Find IT Job In US After Quitting In 2024, Turns To GoFundMe To Pay Bills
According to Dev’s LinkedIn profile, he has done M.Sc in Physics from IIT Kanpur between 1986 and 1988.
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Tech Mahindra Shares Fall 4% As US Telecom Stocks Slide
Tech Mahindra came into focus as US telecom stocks tumbled amid concerns over SpaceX’s wireless ambitions. Communications contributed 32.3% of the IT services company’s revenue in the first quarter of fiscal 2027.
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'No Material Impact': Infosys On Trump's Green Card Crackdown
TCS filed just two PERM applications in US financial year 2026, down from 513 in 2025 and 1,804 in 2024, while HCL submitted 59 filings in 2026 compared to 323 in 2025.
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Indian IT Firms' Green Card Applications On Decline Amid Program Suspension
The US on Thursday suspended eight IT firms, including Indian tech giants Tata, Infosys, Wipro and HCL, from a programme to apply for green cards for foreign workers, contending that the practice has shut out Americans from the job market.
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'No One's Truly Yours': Techie, 22, Loses Rs 95,000 Job, Parents Start Calling Him 'Freeloader'
A 22-year-old IT worker shares hardships after losing his job and facing family taunts.
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IT Stocks Face Double Whammy: $10 Billion FPI Outflow, Google's $500 Billion Rout
Indian IT has been among the biggest casualties of foreign portfolio investor selling since October 2024, with the sector witnessing net outflows of around $10 billion, according to Jefferies.
-
Birlasoft Shares Surge 10% After Q2 Results; Rs 3 Interim Dividend Declared
Birlasoft shares remained in focus after the company announced an interim dividend of Rs 3 per share alongside its second-quarter results. The stock rose more than 10% in early trade
-
IT Stocks In Red: Infosys, Coforge, Mphasis Lead Losses; Nifty IT Tanks Over 3%
The Nifty IT index slipped 3.38% as selling pressure hit large-cap and mid-cap IT stocks. Infosys, HCL Technologies, Tech Mahindra, and TCS were among the major losers
-
Delhi’s Draft IT Policy Targets 200 GCCs, Tech Districts, 100% Online Government Services
Delhi’s draft IT policy for 2026-31 plans more than 200 Global Capability Centres, digital training for up to six lakh youth and all notified government services online, PTI reported.
-
JD Vance Says H-1B 'Indentured Servants' Remark Targeted Companies, Not Workers
Although admitting his choice of words could have been better, Vance stopped short of a full retraction. He insisted that the employment-based visa system grants corporations too much power over foreign workers.
-
Centre Advises Meta To Review Recommendation Systems To Prevent Public Disorder
MeitY, in its advisory, has also told Meta to ensure timely cooperation with law enforcement and other authorised government agencies, including furnishing information or assistance in accordance with applicable law and within the timelines prescribed under the IT Rules, 2021.
-
IT Shares Rally: HCLTech, Tech Mahindra, TCS Lead Tech Stocks Surge Amid Global Market Rout
IT stocks extended their gains after HCLTech's September-quarter results beat expectations. The Nifty IT index rose 2.06% to 30,793.15, while HCLTech, Tech Mahindra, and TCS advanced as investors assessed earnings momentum and global technology trends.
-
YouTuber Dhruv Rathee Gets Delhi Court Summons In Case Over 2018 'BJP IT Cell' Video
Vikas Pandey, who founded the social media page 'I Support Narendra Modi', said the video claimed he had offered Rs 50 lakh to someone to withdraw allegations that the BJP IT Cell spreads fake news. Arvind Kejriwal also faced the case over re-sharing the video.
-
Candidate Stunned After More Than 16,000 Applicants Apply For Entry-Level IT Job: 'Dystopian Reality'
An entry level IT support job attracted over 16,000 applicants in two weeks, highlighting job market challenges.
-
'IT Companies Can Become Growth Stocks For Next Decade', Says Renaissance's Pankaj Murarka
Murarka said IT companies are prioritising investments and growth, while AI revenues and margins are consistently accelerating.
-
61-YO IIT Kanpur Alumni Struggles To Find IT Job In US After Quitting In 2024, Turns To GoFundMe To Pay Bills
According to Dev’s LinkedIn profile, he has done M.Sc in Physics from IIT Kanpur between 1986 and 1988.
-
Tech Mahindra Shares Fall 4% As US Telecom Stocks Slide
Tech Mahindra came into focus as US telecom stocks tumbled amid concerns over SpaceX’s wireless ambitions. Communications contributed 32.3% of the IT services company’s revenue in the first quarter of fiscal 2027.
-
'No Material Impact': Infosys On Trump's Green Card Crackdown
TCS filed just two PERM applications in US financial year 2026, down from 513 in 2025 and 1,804 in 2024, while HCL submitted 59 filings in 2026 compared to 323 in 2025.
-
Indian IT Firms' Green Card Applications On Decline Amid Program Suspension
The US on Thursday suspended eight IT firms, including Indian tech giants Tata, Infosys, Wipro and HCL, from a programme to apply for green cards for foreign workers, contending that the practice has shut out Americans from the job market.
-
'No One's Truly Yours': Techie, 22, Loses Rs 95,000 Job, Parents Start Calling Him 'Freeloader'
A 22-year-old IT worker shares hardships after losing his job and facing family taunts.
