VERIFIEDMint Companies·1 Sept 2026neutral

Ashok Soota’s Happiest Minds stake sale to ITC Infotech not driven by AI fears

AI Summary

·Happiest Minds has clarified that the stake sale by Ashok Soota to ITC Infotech is not driven by fears surrounding artificial intelligence.
·The IT sector in India is facing uncertainty due to AI's potential impact on outsourcing costs.
·Clients are exploring the deployment of AI agents to reduce their IT expenditure.