BUSINESS
HCLTech draws line between ‘Advanced AI’ and buzzword AI as Q3 revenue hits $146 mn
The advanced AI business grew nearly 20 percent sequentially, even as overall company revenue rose 4.2 percent quarter-on-quarter in constant currency terms.
BUSINESS
HCLTech headcount slips by 261 in Q3FY26 despite fresher hiring
The Noida-headquartered company reported a net reduction of 261 employees during the quarter, taking its total employee base to 2,26,379 at the end of Q3FY26.
BUSINESS
TCS headcount falls by 11,151 in Q3FY26 as restructuring continues
Nevertheless, restructuring expenses fell sharply in Q3, declining by over 77% QoQ to Rs 253 crore, indicating a tapering of one-time costs linked to the company’s ongoing workforce realignment.
BUSINESS
Algorithms, not GPUs, are the real force multipliers and this Infosys Prize winner proves it
Sachdeva’s breakthrough challenges one of the most studied problems in computer science, known as maximum flow, which supports how information, traffic, and resources move through networks
BUSINESS
Budget 2026: Data centres bat for green energy, funding boost as AI reshapes industry
Amid the AI driven data centre demand, power and electrical infrastructure have emerged as the largest capex block at around 35 to 45 percent of the costs
BUSINESS
Budget 2026: Software firms, cloud players seek AI industrialisation, push for sovereign infra
As the Union Budget nears, technology leaders want the government to move AI from pilots to production, back domestic cloud infrastructure and help Indian software firms scale exports of high-value products.
BUSINESS
IT moves beyond agentic AI as Wipro, others bet on autonomous, quantum-led systems for 2026
While 2025 was about proving what agentic AI could do, 2026 is expected to be defined by scale and measurable business outcomes
BUSINESS
Deep tech VCs tap IIT-Madras as consultancy revenue crosses Rs 2,800 crore
Many of the technologies now attracting investor attention are the result of years of interdisciplinary work across engineering, materials, electronics, computing, and applied sciences, IIT-Madras director V Kamakoti says
BUSINESS
Q3 results: From muted growth to AI deflation, 5 factors to watch out for in IT earnings
With seasonal headwinds clouding reported numbers, investors are likely to look past the quarter and focus on management commentary around CY26 budgets and AI monetisation timelines
BUSINESS
Five years of Techade: AI lifts productivity, caps headcount, reshapes IT cost structures
The revenue mix from AI, cloud, and advanced digital services has risen sharply, from about 25% five years ago to nearly 60% today.
BUSINESS
Indian IT eyes revival in 2026 as AI projects move from proof of concept to execution
This shift is beginning to stabilise demand, but it is also forcing IT services firms to confront structural changes that will define growth beyond 2026.
BUSINESS
India’s deep tech moment: 2025 marked the shift from promise to scale
Venture capital investors, founders and policymakers found themselves asking harder questions around revenue visibility, patient capital and global relevance, as deep tech moved from promise to proof.
ARTIFICIAL-INTELLIGENCE
Rohan Murty launches Workfabric AI to tackle enterprise AI’s context gap
On August 29, Cognizant announced a partnership with Workfabric AI to train and deploy 1,000 context engineers.
BUSINESS
US firms accelerate GCC expansion in India; centres rise 45%, 2026 outlook strong
Industry estimates point to a further 75-80% outlook in GCC additions as companies deepen their offshore capabilities in India.
BUSINESS
Coforge in talks for $1 bn-plus acquisition; board to weigh fundraise
The proposed acquisition is expected to strengthen Coforge’s cloud, data, and product engineering capabilities while expanding its footprint in key overseas markets.
BUSINESS
H-1B visa lottery scrapped: Little change for Indian IT as reforms formalise long-running shift
The wage-weighted model also reduces incentives to flood the system with applications, encouraging more selective filings aligned with higher-value roles, analysts said.
BUSINESS
Lives on hold: How H-1B holders stuck in India are navigating legal chaos as US government postpones renewal timelines
While the intent is to streamline the system and curb H-1B abuse, the execution has disproportionately affected legally employed workers with established careers in the US, said experts.
BUSINESS
Accenture Q1 signals stable demand but execution pressure for Indian IT firms
For Indian IT companies such as TCS, Infosys, HCLTech, and Cognizant, analysts say a stronger recovery is likely to depend on an improvement in macro conditions rather than company-specific execution alone.
BUSINESS
AI-led RFP automation has boosted win rates at Cognizant, says Babak Hodjat
While AI has shortened RFP timelines, its biggest impact has been on the quality of responses rather than speed alone, the Cognizant’s chief AI officer tells Moneycontrol.
BUSINESS
India better placed to attract global AI talent amid US visa, immigration curbs: Cognizant chief AI officer Babak Hodjat
The crackdown on foreign students and tougher immigration policies have made the US less welcoming, prompting many to consider alternatives such as Canada and Europe, Hodjat tells Moneycontrol
BUSINESS
Global technology giants account for over 60% of NTT’s India data centre demand
Clients are facing ‘PoC fatigue’, as success rates of PoC to AI still remains 17-20 per cent, Avinash Joshi, MD, India, NTT DATA tells Moneycontrol
BUSINESS
GCCs increasingly rely on BPM partners for transformation, says Genpact
AI is about optimising business processes at an enterprise level. Without process and data maturity, GCCs cannot transition to AI-led operations, Dinesh Jain, who leads GCC engagements at Genpact, tells Moneycontrol
ARTIFICIAL-INTELLIGENCE
Satya Nadella's 2025 India AI Tour: A 3-City pitch amid India's AI ambitions
It was carefully crafted as a response to India's digital ambitions, talent pool, and policy environment, amid fierce competition from rivals like Google and Amazon.
BUSINESS
Mumbai’s AI hiring outpaces supply at 15% job posts vs 8% talent; Bengaluru tops with 29% share
Beyond the two largest hubs, Delhi-NCR, which holds 18% of India’s AI talent and 12% of job postings, shows a relatively balanced market.
