Which Indian IT Company Has The Strongest AI Strategy After Q1? | Markets Today #267

📌 In this episode of Markets Today — IT Q1 results are in and AI revenue is finally a real measurable line item, Flipkart confirms food delivery launch starting Bengaluru, and 7 fintechs including Paytm and CRED jointly oppose NPCI's UPI Meta.

#1 💻 IT Q1 — AI Revenue Breaks Out Infosys AI: 8% of revenue (~$417M). TCS AI: $2.6B annualised (8.5%). HCLTech: strongest-ever bookings at $2.4B. Wipro: sequential decline. Key split: Infosys + Wipro stay asset-light. TCS + HCLTech building AI infrastructure.

#2 🍔 Flipkart Enters Food Delivery Bengaluru pilot first. Competing on experience not price. Minutes' last-mile network doubles up for food. Defence move against Zomato-Blinkit entering electronics. Pre-IPO ecosystem play. But Zomato-Swiggy duopoly is a massive hurdle.

#3 📱 UPI Meta — 7 Fintechs Push Back UPI Meta saves your default UPI app — one-click checkout, no app selection. Paytm, CRED, Navi, BharatPe, FamPay oppose it. First-mover lock-in kills competition. UPI already seamless. Transaction-by-transaction competition is its biggest strength — do not kill it.