By Leo Marchandon Feb 13 (Reuters) - French IT services group Capgemini on Friday reported full-year revenue that beat its own target, driven by accelerating ‌fourth-quarter growth as its recently bought WNS unit fuelled demand for ‌AI-powered business process services. Revenue grew 3.4% at constant exchange rates to 22.47 billion euros ($26.65 billion) in 2025, ​exceeding the company's October guidance for 2% to 2.5% growth. Fourth-quarter sales surged 10.6%, with newly acquired WNS and Clou4C making a ...

Core Insights - Capgemini exceeded its revenue growth objectives for 2025, achieving a revenue of €22,465 million, which represents a year-on-year increase of +1.7% and a constant currency growth of +3.4% [8][11] - The company reported a stable operating margin of 13.3% of revenues, with net profit decreasing by -4.2% to €1,601 million [9][15] - Capgemini's strategic focus on AI, cloud, and digital services has driven growth, with generative AI accounting for over 10% of Group bookings in Q4 [4][7] Financial Performance - Revenues for 2025 reached €22,465 million, up +1.7% from 2024, with a constant currency growth of +3.4% [8][11] - Operating profit decreased to €2,199 million, representing 9.8% of revenues, down from 10.7% in 2024 [9][13] - Basic earnings per share fell by -3.7% to €9.46, while normalized earnings per share increased by +5.8% to €12.95 [15] Market Dynamics - The demand for Capgemini's services in cloud, data, and AI has been strong, particularly in North America and the UK, where revenues grew by +7.3% and +10.5% respectively [20][21] - The company has seen a significant increase in bookings, with a total of €24.4 billion for the year, reflecting a book-to-bill ratio of 1.08 [12] - Capgemini's strategic acquisition of WNS has enhanced its capabilities in delivering AI-powered operations [6] Regional Performance - North America accounted for 29% of Group revenues, with a +7.3% increase at constant exchange rates, driven by strong performance in Financial Services [20] - The UK and Ireland region saw a +10.5% revenue increase, primarily from Financial Services and Public sectors [21] - France experienced a revenue decline of -4.1%, attributed to challenges in the Manufacturing and Energy sectors [22] Strategic Initiatives - Capgemini plans to invest approximately €700 million over the next two years for workforce and skills adaptation initiatives [5][38] - The company aims for revenue growth of +6.5% to +8.5% in 2026, with an operating margin target of 13.6% to 13.8% [7][42] - Capgemini is focusing on AI-led transformation programs and intelligent operations to drive future growth [7][10] ESG Performance - Capgemini has made significant progress in its ESG commitments, achieving a 94% reduction in Scope 1 and 2 emissions and reaching 100% renewable electricity for all operations [33][34] - The company aims to maintain a gender balance of 40% women in its global workforce and has achieved 30.5% in executive leadership positions [35] - Capgemini's commitment to responsible business practices is reflected in 72% of total purchases made with ESG-compliant suppliers [36]

Market Overview - Indian equity markets opened sharply lower, with the Sensex falling 790.71 points to 82,884.21 and Nifty declining 254.95 points to 25,552.25, influenced by a global tech sell-off due to concerns over AI disruption to traditional business models [1][5] IT Sector Performance - The Nifty IT index experienced a significant decline of 4.72 percent, dropping to 31,594.70, marking its sharpest single-day decline in ten months [2] - Major IT companies faced substantial losses, with Infosys down 6.11 percent to ₹1,301.30, TCS down 4.59 percent to ₹2,624.00, HCL Technologies down 4.38 percent to ₹1,411.50, and Wipro down 3.55 percent to ₹211.31 [2][6] - The sell-off in IT stocks was attributed to a sharp decline in US technology stocks, with the Nasdaq falling 2.03 percent as investors reassessed the impact of AI startups on established tech companies [2] Broader Market Trends - The broader market showed mixed signals, with select financial stocks like Bajaj Finance and SBI Life Insurance witnessing buying interest, while Hindalco faced significant selling pressure, declining 5.78 percent to ₹908.70 [7][8] - Foreign Institutional Investors continued to buy equities worth ₹108 crore, while Domestic Institutional Investors invested over ₹276 crore, providing some support to the markets [9] Investor Sentiment - Concerns over AI-led disruption and fading optimism regarding near-term global rate cuts are expected to weigh on market sentiment [5] - Experts advised caution, suggesting that panic selling in IT stocks may not be prudent and that investors should consider accumulating high-quality growth stocks, especially those with strong Q3 results [8]

Market Overview - The BSE Sensex opened 800 points lower at 82,903, a decline of 1%, while the Nifty 50 fell 236 points to 25,571, down 0.9% [1][13] - The sell-off in IT stocks has deepened, with the Nifty IT index slumping more than 4%, extending its two-day fall to nearly 10% [1][13] IT Sector Impact - ADRs of Infosys and Wipro plunged nearly 10% overnight, contributing to the decline in IT stocks [1][13] - Heavyweights such as TCS, Infosys, Wipro, Tech Mahindra, HCLTech, and Mphasis saw declines of 4-6%, indicating broad-based weakness in the sector [1][13] AI Disruption Concerns - The bearish sentiment intensified after AI startup Anthropic introduced a new tool for corporate legal teams, raising concerns about the long-term demand for traditional IT services [4][5][13] Global Market Influence - Wall Street experienced a sharp decline, with the tech-heavy Nasdaq dropping about 2%, as investors expressed concerns over AI's impact on earnings visibility and sector margins [6][7][13] - Asian markets followed suit, with MSCI's index of Asia-Pacific shares outside Japan falling 0.6%, although it remained up 4.1% for the week [8][13] Currency and Economic Factors - A strengthening U.S. dollar, now at 96.93, and a weaker rupee, which opened at 90.67 per U.S. dollar, are negatively impacting equities and could lead to foreign fund outflows from emerging markets like India [9][13] Technical Analysis - The Nifty has broken out of its recent consolidation band, forming a short-term lower high-lower low sequence, with immediate support shifting to 25,700 [10][11][13] - Momentum indicators are signaling caution, with a potential decline towards 25,600 if a decisive breakdown below 25,700 occurs [11][14] Geopolitical Tensions - Rising tensions in the Middle East, particularly regarding Iran, are contributing to market uncertainty, as U.S. President Trump warned of possible actions if a nuclear agreement is not reached [12][14]

Group 1: Hindustan Construction Company Limited (HCC) - HCC secured a railway contract valued at ₹577.89 crore from the Northeast Frontier Railway, awarded to the HCC-VCCL Joint Venture, where HCC holds a 65% stake [1] - The project scope includes construction of four tunnels (Tunnel No. 9: 600 m, Tunnel No. 11: 350 m, Tunnel No. 13: 400 m, Tunnel No. 16: 600 m), cut-and-cover works, earthwork for railway alignment, and ancillary works between Piphema and Zubza sections under the Dimapur–Kohima New BG Line Project [2] Group 2: Savita Oil Technologies Limited (SOTL) - SOTL signed a strategic multi-year partnership with Mahindra & Mahindra Limited Farm Equipment Business, enhancing a relationship built over 25 years [3] - This partnership aims to strengthen product quality, customer confidence, and long-term value creation for India's farming and rural mobility ecosystem [3] Group 3: AION-Tech Solutions Ltd - AION-Tech Solutions Ltd announced the appointment of Biju Mathews as President and CEO, marking a strategic step towards organizational growth and long-term value creation [4] Group 4: Aries Agro - Aries Agro inaugurated a manufacturing unit at GIDC Sayakha Industrial Estate, Bharuch, Gujarat, with an investment of ₹34.99 crore, expected to commence production by the end of March 2026 [5] - The company currently has a capacity of 95,400 taps, with a utilization rate of 76.32% [5] Group 5: Hindustan Aeronautics Limited (HAL) - The Ministry of Defence signed a contract with HAL for the acquisition of eight Dornier 228 Aircraft for the Indian Coast Guard at a cost of ₹2,312 crore under the Buy (Indian) category [6] Group 6: J Kumar Infraprojects - J Kumar Infraprojects received a Letter of Acceptance worth ₹615.53 crore from NBCC (India) for the redevelopment of the GPRA Colony at Netaji Nagar, New Delhi [7] Group 7: Ceigall India - Ceigall India secured a new road project from NHAI for the construction of a four-lane highway in Bihar, involving the four-laning of the Sahebganj–Areraj–Bettiah section of NH-139W, totaling 78.942 km [8]

Kyndryl to Modernize Yamaguchi Financial Group's Core Banking System into a MultiBank Platform [Accessibility Statement] Skip NavigationTOKYO, Feb. 12, 2026 /PRNewswire/ -- [Kyndryl](NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that it will support Yamaguchi Financial Group (Yamaguchi FG) in building an integrated platform for its core banking system. This will enable Yamaguchi FG's three banks—Yamaguchi Bank, Momiji Bank and Kitakyushu Bank—to operate on ...

RT Project for Immigration Reform (@PFIRorg)According to the below data, roughly 60% of Texas H-1Bs went to two Indian IT outsourcers, Infosys and Cognizant. Infosys has faced visa-fraud penalties; Cognizant was found liable for discrimination. @GregAbbott_TX has personally encouraged both to expand in Texas. ...

("Charming†or the "Company†) (NASDAQ: MCTA) securities between October 10, 2025 and November 12, 2025, inclusive (the "Class Period†). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CHARMING MEDICAL LIMITED (MCTA), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PA...## Deadline Approaching: China Liberal Education Holdings Limited (CLEUF) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. SmithBENSALEM, Pa.--([BUSINESS WIRE])--Law Offices of Howard G. Smith reminds investors of the upco ...

Core Viewpoint - A class action lawsuit has been filed against Kyndryl Holdings, Inc. for allegedly making false statements and failing to disclose material weaknesses in internal controls, leading to significant investor losses when the truth emerged [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Kyndryl securities from August 7, 2024, to February 9, 2026 [1]. - Investors have until April 13, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint alleges that Kyndryl's financial statements were materially misstated and that the company lacked adequate internal controls [3]. Group 2: Impact on Investors - On February 9, 2026, Kyndryl's shares fell by 55% following the revelation of material weaknesses in internal controls and an SEC investigation into cash management practices [4]. - Investors suffered heavy losses as a result of the decline in share value [4]. Group 3: Company Overview - Kyndryl is headquartered in New York and provides IT infrastructure services to enterprise customers globally [2].

Core Insights - Kyndryl has launched the Kyndryl Intelligent Recovery Service (KIRS), a cloud-based solution aimed at enhancing cyber resilience and compliance for organizations facing operational disruptions and cyber incidents [1] Group 1: Service Overview - KIRS automates recovery processes and provides comprehensive visibility across hybrid and multi-cloud environments, enabling faster recovery and supporting regulatory compliance [1] - The service is integrated with Kyndryl Bridge, an AI-powered platform, allowing for recovery at scale across customer IT estates [1] Group 2: Market Challenges - Organizations are facing a dual challenge of recovering from disruptions quickly while navigating a complex regulatory landscape [1] - Kyndryl aims to close this gap by automating recovery workflows and providing real-time visibility into recovery objectives and system health [1] Group 3: Industry Applications - KIRS addresses recovery challenges across various industries, including: - Manufacturing and energy: Supports operational technology (OT) and IoT platforms to mitigate production disruptions [1] - Financial services: Protects sensitive data and transaction systems in regulated environments [1] - Healthcare: Manages workloads across hospitals and clinics to support continuous patient care [1] - Retail: Safeguards essential systems like point-of-sale and inventory management to prevent revenue loss during outages [1] Group 4: Features and Benefits - The service features unified dashboards for centralized visibility into recovery progress and compliance metrics, simplifying governance and oversight [1] - KIRS reduces manual effort, accelerates system restoration, and supports proactive continuity planning by helping organizations anticipate operational needs [1]