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Infosys
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Infosys (NSE: INFY) AI revenue grows 29%, but weaker FY27 outlook sends US shares down 6.6%
Infosys reported stronger artificial intelligence revenue and its highest quarterly large-deal bookings in recent periods, but reduced its annual revenue growth guidance amid persistent weakness in traditional IT services. The divergence raises questions about whether AI transformation is creating enough incremental demand to offset the pressure on existing outsourcing contracts.
Infosys expands Truist’s Hyderabad AI capability centre as bank consolidates Indian technology operations
Infosys and Truist are expanding a Hyderabad AI capability centre expected to mark more than 1,000 colleague onboardings later this month. The arrangement combines supplier consolidation with a build-operate-transfer model, creating opportunities for Infosys while raising a longer-term question about how outsourcing revenue evolves as banking clients build internal expertise.
Infosys says US PERM suspension should not materially affect operations
Infosys says its preliminary assessment points to no material operational impact from the US suspension of new and pending PERM applications, although the action creates a longer-term talent-retention question.
Hexaware Technologies targets AI services growth through Claude Partner Network
Hexaware has secured Preferred Partner status within Anthropic's Claude Partner Network and will integrate Claude into its Zerovity and AgentVerse platforms. The agreement strengthens its enterprise AI strategy and follows a sharp increase in investor attention, although commercial terms remain undisclosed and the company's latest quarterly profit declined despite revenue growth.
KONE targets 100,000 connected elevators in India as Pune digital centre advances service strategy
KONE has opened a Digital Experience Centre in Pune as it prepares to expand connected elevator coverage across India. With approximately 50,000 lifts already connected and a goal of doubling that figure, the initiative could strengthen predictive maintenance, customer retention and recurring service revenue, although the company has not disclosed the centre's investment cost or expected financial contribution.
US green card suspension hits Infosys, Tata Consultancy Services and Wipro
Eight major technology employers face suspension from a critical US employment-based green card process, including Infosys, Tata Consultancy Services and Wipro. Yet the immediate business impact may be smaller than the headlines suggest. The bigger uncertainty concerns employees whose long-term immigration plans depend on employer-sponsored permanent residency.
Accenture shares surge 16% as fiscal 2027 outlook challenges the AI disruption thesis
Accenture closed nearly 16% higher after fourth-quarter revenue beat guidance, bookings reached $22.17bn and management forecast another year of growth despite persistent fears that artificial intelligence will compress the traditional IT services model.
Infosys estimated AI revenue rose 48.6%, yet total revenue slipped. Is Harness the missing growth engine?
Infosys Limited (NSE: INFY; NYSE: INFY) reached an estimated US$416.7 million of AI-first revenue in Q1 FY27, but group revenue still slipped across the two-quarter comparison, leaving Harness to prove whether post-code governance can add net growth.
From Crocs to HDFC Bank, Infosys is turning AI into enterprise operations. Can it accelerate growth?
Infosys has followed an HDFC Bank Finacle deployment and expanded Metsä Group engagement with a 10-year Crocs transformation agreement, giving investors fresh evidence that its AI strategy is moving into long-duration enterprise operations. The unanswered question is how quickly such engagements can lift growth beyond the company’s modest fiscal 2027 guidance.
Cognizant (CTSH) bets on agentic AI reset with expanded Google Cloud partnership
Cognizant expands Google Cloud partnership, targets 200,000 Gemini Enterprise users as CTSH trades near 52-week low. Read the full executive analysis.