The AI Case Against Indian IT Ignores What Indian IT Actually Does
A fictional memo set in June 2028, published by short seller Citrini Research, wiped roughly $10 billion off Indian IT stocks in a single trading session on February 24 and sent the Nifty IT index down as much as 5.3% – its worst single-day fall since August 2023 – on the argument that AI coding agents have collapsed the cost advantage of Indian … ⌘ Read more