IT sector

The IT sector is a broad industry that encompasses companies involved in the development, management, and support of computer systems, software, and information services. It is a major component of the economy, particularly in countries like India, and is a key driver of revenue growth and technological innovation.

Why it’s in the news: It is in the news due to its current performance, with reports highlighting muted growth in the near term, stable long-term projections, and the significant impact of artificial intelligence deals on its future trajectory.

Latest on IT sector

• AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: Report
• How China’s growing Reit sector is giving foreign property investors a route back in
• IT sector revenue growth to remain stable at 6% through FY27: Brickwork Ratings
• AI volumes may outweigh revenue deflation for IT sector by FY30: Report
• Happiest Minds’ stock rally reignites focus on consolidation in mid-tier IT sector
• The IT sector celebrated AI as a growth engine
• A sharp fall in IT stocks has put the sector under pressure ahead of the June-quarter earnings season.
• Fable 5: Anthropic's latest AI model could transform IT, but at a cost
• US bars Microsoft, Indian IT firms from green card programme; TCS Q2 net profit rises 15%
• Ashwini Vaishnaw on India’s chip push; Emergent's new AI bet

Connections

5 entities linked to IT sector across the news graph.