TECHNOLOGY
Inside India’s AI data-centre boom: What it takes to build one
India generates nearly 20% of the world’s data, yet hosts only about 3% of global data centre capacity
BUSINESS
UAE is emerging as one of the world’s most successful Web3 hubs, says Binance CEO Richard Teng ahead of Binance Blockchain Week in Dubai
Global crypto leaders to discuss Bitcoin’s future, digital asset regulations, Web 3 architecture, impact of AI on Web3 innovations, and blockchain use cases at Binance Blockchain Week 2025.
BUSINESS
Tech Mahindra to build 8 bn-parameter education LLM under IndiaAI Mission, targets March 2026 launch
The model will be able to provide personalised guidance to students for various subjects in their preferred Indian languages.
BUSINESS
Maharashtra sets out plan to outpace southern states in GCC investments
Kaustubh Dhavse, chief adviser on investments and strategy to the chief minister, said Maharashtra expects each Rs 1 crore in new investment to generate one direct and one indirect job, with a target of 400,000 jobs by 2030
TECHNOLOGY
Higher basic pay, 48-hour work weeks: India’s IT sector prepares for rising costs under new labour codes
Two key shifts for IT will be the standardised wage definition, which forces companies to lift the share of basic pay, and 48-hour work weeks. The quantum will depend on the size of the company and the maturity stage it is already in.
TECHNOLOGY
Indian IT firms deem DPDP compliance timelines workable, warn smaller firms could be left scrambling
The DPDP Rules also puts legal obligation on businesses on data handling practices
BUSINESS
Indian crypto investors made contrarian bets as Bitcoin tumbled below $90,000
Industry experts aren’t too worried about the 30% crash of Bitcoin from its peak in 2025. Their reason: it is a short-term bull market correction and not a cyclical event.
BUSINESS
Doing more with less: AI rewrites the operating model of Indian IT
Strategy has shifted to AI factories, agentic systems, and platform-infused engineering. And executives speak of productivity gains rather than fresher hiring now.
BUSINESS
H-1B shift shows Trump moving from ideology to pragmatism, analysts say
Industry watchers say India’s IT sector remains largely unfazed as US visa restrictions tighten, with firms already localising hiring and reducing dependence on H-1Bs.
BUSINESS
Persistent Systems, Mphasis outperform Tier-I IT peers in billable revenue per employee
Among Tier-I IT firms, HCLTech had the highest billable revenue per employee at $17,822 in Q2, growing 5.2 per cent YoY, according to estimates by UnearthInsight.
BUSINESS
H-1B visa curbs lift subcontracting costs for Indian IT firms; Infosys sees steepest rise
Beyond tightening H-1B visa rules, demand uncertainties are also driving IT firms to focus on short-term contractors rather than hiring full-time employees.
BUSINESS
A reality check for India's AI crypto rally
The rapid rise in AI-linked tokens reflects investor enthusiasm for the fusion of artificial intelligence and blockchain, but questions remain about long-term value.
TECHNOLOGY
Hurun Philanthropy List 2025: HCLTech’s Shiv Nadar tops the list for the fourth time in 5 years, Reliance Industries has the highest CSR spend
The list features 191 philanthropists (12 new entrants) who cumulatively donated Rs. 10,380 Crores - up by 85% compared to three years ago.
BUSINESS
Snowflake bets on India’s under-penetrated Cloud and AI market to drive next phase of APJ growth
India is one of the fastest growing markets for Snowflake in the Asia Pacific and Japan region, says country head Vijayant Rai
BUSINESS
From FOMO to Function: Can AI transform India’s fintech and banking backbone
Despite the AI buzz, India’s fintech and banking players are treading cautiously, experimenting, not overhauling, as they balance innovation with regulation in one of the world’s most tightly governed financial sectors.
BUSINESS
Binance, CoinDCX, Mudrex, Canton seek clarity from Indian regulators on crypto tokens, Web3 business policies
Rationalisation of taxes, separate regulators for stablecoins, regulations for running crypto exchanges, need for user protection were highlighted during a panel discussion at Moneycontrol’s Web 3.0 Summit.
BUSINESS
Madras HC calling crypto a ‘property’ is good for the ecosystem, says WazirX founder Nischal Shetty
WazirX has restarted its exchange less than a week ago after a major cyberattack in 2024, with trading volumes having crossed $22 million so far.
BUSINESS
What does Madras HC’s judgement mean for WazirX’s rebalancing scheme and its impact on users
Industry and legal experts expect fresh petitions to be filed against the crypto exchange at other high courts taking a cue from this interim ruling.
BUSINESS
No ambiguity in laws, Binance eyes major growth from India, says APAC Head SB Seker
"We want a significant number of our next billion users to come from India," Seker told Moneycontrol.
BUSINESS
‘We have filed zero H-1Bs from India in the last 12 months’, says Persistent Systems CEO Sandeep Kalra
Kalra told Moneycontrol that the company will not file for any new H-1B visas either, to avoid further impact of the US President Donald Trump government’s changing visa policies.
BUSINESS
Change in wage hike cycle has nothing to do with the margins or shareholder interest: LTIMindtree CEO
'We are committing to near double-digit growth in the second half,' CEO and MD Venu Lambu tells Moneycontrol in an interview
BUSINESS
Top 5 Indian IT firms see 79% drop in H1 hiring as TCS faces loss of over 19,700 employees
The top five Indian IT companies have also reported steady fresher hiring numbers for H2.
BUSINESS
LTIMindtree defers pay raise again, 50% employees to receive hikes in January, rest in April
Giving context on this decision, CEO Venu Lambu said that 'the topic of wage hikes is evolving,' as the industry and the company are going through a significant inflection point
BUSINESS
Infosys hires 12,000 freshers in first half, on track to hire 20,000 for FY26
Attrition for the quarter fell to 14.3 percent, from last quarter’s 14.4 percent on a last-twelve-month basis. The IT services major had also added 8,203 employees in Q2.
