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AI spooks IT valuations; Groww promoters cut stake
AI has pushed valuations of Indias top IT firms to 2008-09 levels. This and more in todays ETtech Top 5.
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economictimes.indiatimes.com
Timeline cronologica
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India missed out on AI, and now its run as market darling may be over
India's stock market faces a significant downturn as global investment shifts towards AI. Foreign investors are leaving, impacting market value. The country's IT sector, a major…
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AI Shock: IT valuations fall near levels seen during subprime crisis
Indian IT exporters' valuations have plummeted to near 2008-09 subprime crisis levels, trading at 15-18 P/E multiples. This sharp decline, driven by AI advancements impacting…
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AI spooks IT valuations; Groww promoters cut stake
AI has pushed valuations of Indias top IT firms to 2008-09 levels. This and more in todays ETtech Top 5.
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Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?
India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the global financial crisis. Concerns over…
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IT’s Rs 18 lakh crore rout; Info Edge, Ixigo post Q4 profits
A multi-month bear market has hit the valuations of Indias top 10 digital and technology services exporters. This and more in todays ETtech Top 5.