India tech stocks plunge over 5 percent as $115 billion selloff deepens

5 articles · Updated · Bloomberg · Apr 27

Infosys forecasts annual sales growth below analyst expectations, while HCL Technologies reports a profit miss and faces multiple analyst downgrades.
The sector index closed at its lowest since June 2023 after Friday's sharp decline, reflecting mounting investor concerns about growth prospects.
Recent disappointing earnings from major software exporters have intensified the downturn, signaling further potential weakness for India's technology sector.

Can Indian IT firms pivot from selling labor to selling AI-driven value fast enough to survive?

As global outsourcing booms, will India capture the new market or lose its leadership role?

Are rising oil prices and foreign investor flight bigger threats to Indian tech than AI disruption?

With AI automating entry-level jobs, what is the future for India's millions of engineering graduates?

How can India's education system reform quickly to prevent a massive skills crisis in the AI era?