IT

IT stocks are the biggest gainers in Thursday’s monster rally of more than 800 points after the US Fed gave a dovish message on interest rates. IT indices are up more than 2 per cent. Mphasis is up 6 per cent, Coforge is up 5…

Global IT spending is projected to reach $5.1 trillion in 2024, an increase of 8 per cent from 2023, according to a new report. While generative AI (GenAI) has not yet had a material impact on IT spending, investment in AI more…