Global IT spending is surging due to Artificial Intelligence. India’s IT sector sees a significant opportunity in managed services as companies shift focus to AI. However, traditional IT services firms face challenges as clients expect cost savings from AI adoption. India can benefit from AI infrastructure without building massive data centers locally.
Jupiter Wagons Q4 Results: Cons PAT tumbles 72% to Rs 29 crore, revenue falls 25% YoY
Jupiter Wagons saw its net profit drop 72% to Rs 29 crore in the March quarter. Revenue also fell 25% to Rs 780 crore. The