HCLTech’s revenue growth guidance for FY27 is significantly lower than the actual FY26 growth, implying the effect of growing dependence of clients on operating efficiencies driven by ever rising capabilities of the artificial intelligence (AI) models and agents. HCLTech estimates a deflation or reduction of 2-3% in revenue from traditional IT services (non-AI based) per annum driven by the AI disruption.
Sebi levies Rs 40 lakh penalty on four entities in Axis MF front-running case
Securities and Exchange Board of India has imposed a total penalty of Rs 40 lakh on four entities. This penalty includes fines on Woodstock Broking