{"id":1004992,"date":"2026-04-27T08:21:11","date_gmt":"2026-04-27T02:51:11","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1004992"},"modified":"2026-04-27T08:30:59","modified_gmt":"2026-04-27T03:00:59","slug":"india-tech-giants-struggle-to-shake-off-115-billion-rout","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/27\/india-tech-giants-struggle-to-shake-off-115-billion-rout\/","title":{"rendered":"India tech giants struggle to shake off $115 billion rout"},"content":{"rendered":"<p>Earnings from India\u2019s bellwether software services exporters have reinforced investor concerns about the sector\u2019s growth prospects, signaling that the downturn in their stocks has further to run. <\/p>\n<p>Infosys Ltd., the second-largest outsourcer, forecast annual sales growth below analysts\u2019 estimates on Thursday, following a profit miss at smaller rival HCL Technologies Ltd. two days earlier. Both stocks declined, with the latter hit by at least half a dozen analyst downgrades. A gauge of the sector plunged more than 5% on Friday to close at its lowest level since June 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earnings from India\u2019s bellwether software services exporters have reinforced investor concerns about the sector\u2019s growth prospects, signaling that the downturn in their stocks has further to run. Infosys Ltd., the second-largest outsourcer, forecast annual sales growth below analysts\u2019 estimates on Thursday, following a profit miss at smaller rival HCL Technologies Ltd. two days earlier. Both stocks declined, with the latter hit by at least half a dozen analyst downgrades. A gauge of the sector plunged more than 5% on Friday to close at its lowest level since June 2023.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1004992","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1004992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1004992"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1004992\/revisions"}],"predecessor-version":[{"id":1004995,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1004992\/revisions\/1004995"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1004992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1004992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1004992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}