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AI reshapes India’s IT services sector contracts as clients demand more for less

TCS says about 80% of its finance and business services contracts now use outcome measures as clients demand 25% to 30% lower prices.

Summary by WTVB
By Sai Ishwarbharath B, Abhirami G and Haripriya Suresh BENGALURU, August 21 (Reuters) - Artificial intelligence promised to disrupt India's IT industry and it is delivering. Outsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech a...

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Channel News Asia broke the news in Singapore, Singapore on Thursday, August 20, 2026.
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