Citi's Surendra Goyal warns $100 crude could hit Indian profits
NewsBytes | May 14, 2026 8:40 PM CST
Citi's Goyal: IT under AI stress
Goyal also points out that India's IT sector is under stress, not just from global competition, but also from AI tools like OpenAI and Claude shaking things up.
Even though Q4 earnings were broadly in line, with around 9% EBITDA growth, he says the next results will really show how these changes are impacting tech companies.
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