Indian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe markets are overlooking significant long-term opportunities in legacy modernization and enterprise AI implementation, where Indian firms will act as key partners, mirroring past cloud transition cycles.

Artificial Intelligence will significantly reshape India's skilled workforce and its IT sector. EY's report highlights potential job market shifts. While India's economic growth…

IT stocks staged a sharp rebound on Monday, with shares of Infosys, TCS, Tech Mahindra and Persistent Systems climbing up to 5% as investors returned to the sector after months of…