India today is witnessing two parallel realities. In one, thousands of engineers and IT professionals are waking up to pink slips from companies like TCS, Infosys, and Wipro. These were the children of ordinary middle-class families who sold land, mortgaged houses, and took loans so their

The numbers are staggering. TCS, India’s largest IT services company, reported a headcount drop of nearly 20,000 employees in just one quarter. Attrition has actually fallen, so these exits cannot be explained away as voluntary churn. Instead, they signal a deeper restructuring—one that threatens to set off ripples across India’s white-collar job market. And yet, […]

Indian equities—especially IT services—are facing outsized FII outflows and heavy index shorts, spawning a rumour that “foreign powers” are sabotaging the market. The evidence says otherwise: FY26 Q1 prints across Indian IT were soft; global consulting peers flagged cautious demand; and capital has rotated toward AI-infrastructure supply chains in Taiwan and Korea offering