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The Latest Breaking News from Persistent Systems

Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why

IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.

The Economic Times

Oracle leaves freshers in limbo; D2C carts go cold

Happy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in today’s ETtech Morning Dispatch.

The Economic Times

IT services giants in a bind as mid-caps soak up the revenue

Mid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cloud engineering and AI. Companies like Coforge and Persistent Systems are leveraging leaner structures and domain expertise to win clients, often through flexible pricing and outcome-based models.

The Economic Times

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Title 42 and the real border surge

Out-trumping Trump at the border

Salon

Gujarat IT-IT enabled services policy lures sector biggies

AHMEDABAD: Gujarat, a state which once was said to have missed the IT bus, is now attracting big-ticket investments in IT and ITes sectors, reports Parag Dave. Samsung, IBM and Tech Mahindra are scouting for offices in Ahmedabad and GIFT City, eyeing to set up customer support, data, research, and…

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