Shares of India's leading information technology companies surged in early trade on Friday, with Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro and Tech Mahindra leading gains after TCS reported stronger-than-expected first-quarter results for FY27.
At Infosys’ 45th Annual General Meeting, Chairman and co-founder Nandan Nilekani firmly dismissed rising anxieties that artificial intelligence will make traditional IT services firms obsolete.
