Indian IT shares have plummeted, losing Rs 2.5 lakh crore as AI automation threatens traditional outsourcing. New tools from Anthropic and Palantir, capable of rapid SAP migrations, have spooked investors. Analysts predict a significant revenue hit, though historical disruptions have ultimately spurred industry growth. Investors are now cautiously assessing the sector’s AI-driven future.
Related Posts
J&K: Two soldiers killed in encounter; terrorists gunned down
In a fierce gunfight in Kulgam, south Kashmir, Subedar Perbhat Gaur and Lance Naik Narender Sindhu of the Indian Army were killed, raising the year’s […]
Protests mark Hasina’s exit: Student-led party seeks new constitution
A new political party, formed by student leaders of anti-government protests, rallied in Dhaka, advocating for a new constitution and a ‘new Bangladesh.’ Simultaneously, the […]
Blocked views & flying sandwiches: How Messi event spiralled into chaos in Kolkata — what went wrong
Football fans in Kolkata were left deeply disappointed and feeling cheated after the much-anticipated Messi event descended into chaos. Despite paying exorbitant prices for tickets, […]