Elon Musk's DOGE cost cuts may ‘pain’ TCS, Infosys & others, analysts warn

India's IT companies are expected to face a delayed recovery, with weak discretionary spending and global trade tensions impacting growth. Analysts predict a challenging fiscal 2026, with only modest revenue increases and competitive pressures arising from the early stages of AI adoption.

Elon Musk's DOGE cost cuts may ‘pain’ TCS, Infosys & others, analysts warn
India's IT companies are expected to face a delayed recovery, with weak discretionary spending and global trade tensions impacting growth. Analysts predict a challenging fiscal 2026, with only modest revenue increases and competitive pressures arising from the early stages of AI adoption.