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Reshab Shaw

Correspondent, Moneycontrol

Mid-cap IT firms corner 58% of 2025 incremental revenue as enterprises widen vendor pool for large deals

BUSINESS

Mid-cap IT firms corner 58% of 2025 incremental revenue as enterprises widen vendor pool for large deals

Industry experts say the shift reflects a structural change in the outsourcing landscape, where large deals are no longer the exclusive territory of tier-one IT service providers.

Vanguard reverse transitions part of Infosys’ largest outsourcing deal

BUSINESS

Vanguard reverse transitions part of Infosys’ largest outsourcing deal

The development comes nearly 6 years after Vanguard and Infosys announced a partnership under which the IT firm assumed day-to-day operations, while Vanguard builds a tech GCC in Hyderabad

Inside IIT Madras Brain Centre: How researchers are building a Google Earth for the human mind

BUSINESS

Inside IIT Madras Brain Centre: How researchers are building a Google Earth for the human mind

Unlike most frontier neuroscience projects that rely primarily on state funding, this one has been built through a rare mix of philanthropy, corporate social responsibility funding, and government backing.

Iran-Israel war: Indian IT firms may stare at slowdown in discretionary spending, project delays

BUSINESS

Iran-Israel war: Indian IT firms may stare at slowdown in discretionary spending, project delays

Middle East & North Africa is a strategic region for most IT services companies, currently accounting for 1-2% of total revenue but remains critical for the industry to diversify beyond North America.

Amid Iran war, Infosys, HCLTech staff safe as executives face travel disruption; TCS suspends Middle East travel

BUSINESS

Amid Iran war, Infosys, HCLTech staff safe as executives face travel disruption; TCS suspends Middle East travel

Employees of the IT firms travelling through the Middle East en route to the Mobile World Congress have been affected by flight disruptions.

IT CEOs push back against AI disruption fears, warn of tough transition phase

BUSINESS

IT CEOs push back against AI disruption fears, warn of tough transition phase

The IT sector expects an AI-driven investment surge from enterprises, prompting companies to revamp their positioning and business models to capture rising demand.

Markets underestimating complexity of enterprise AI rollout: Cognizant AI Officer Hodjat

BUSINESS

Markets underestimating complexity of enterprise AI rollout: Cognizant AI Officer Hodjat

Babak also said that enterprises do not need perfectly organised data before deploying AI, as agent-based systems can work across fragmented environments.

AI rollout far more complex than it appears, says Wipro COO Sanjeev Jain

BUSINESS

AI rollout far more complex than it appears, says Wipro COO Sanjeev Jain

Jain told Moneycontrol that enterprise AI requires integration across client and internal systems along with responsible-AI layers, even as automation improves productivity in select functions.

AI not plug-and-play, enterprises need open-heart surgery, says Infosys’ Satish HC

BUSINESS

AI not plug-and-play, enterprises need open-heart surgery, says Infosys’ Satish HC

Execution challenges, legacy tech stacks and data readiness — not model capability — are the biggest barriers to scaling AI in enterprises, Infosys chief delivery officer tells Moneycontrol

Provocative but not accurate: Cisco's Jeetu Patel reacts to Vinod Khosla jibe about company

BUSINESS

Provocative but not accurate: Cisco's Jeetu Patel reacts to Vinod Khosla jibe about company

Patel defended Cisco after Vinod Khosla's jibe about company, saying the venture capitalist's remarks are 'provocative, but not accurate'

India rolls out three sovereign AI models Sarvam AI, Gnani.ai, BharatGen to take on Big Tech

BUSINESS

India rolls out three sovereign AI models Sarvam AI, Gnani.ai, BharatGen to take on Big Tech

This is a first major phase of the government’s clear push to have India-first, sovereign AI models

Indian IT firms well placed for AI services, says Ashwini Vaishnav amid job loss fears

BUSINESS

Indian IT firms well placed for AI services, says Ashwini Vaishnav amid job loss fears

The focus on AI-driven modernisation of legacy systems creates a significant opportunity for Indian IT firms even as the industry navigates workforce transitions, the minister tells Moneycontrol

Why IIT-Madras Director Kamakoti believes AI disruption will be a blessing in disguise for core engineers

BUSINESS

Why IIT-Madras Director Kamakoti believes AI disruption will be a blessing in disguise for core engineers

Kamakoti, who was recently awarded with a Padma Shri, said the type of IT jobs that attracted non-computer science graduates are increasingly vulnerable as AI automates routine and mundane work.

'No longer just IT services', Wipro to pitch AI pivot at India Impact Summit

BUSINESS

'No longer just IT services', Wipro to pitch AI pivot at India Impact Summit

Infosys, Cognizant, and HCLTech have all affirmed a similar shift, telling investors that AI-led platforms and productivity gains are redefining their business models

Infosys raises Q3FY26 bonus payout to 85% after steady quarterly improvement

BUSINESS

Infosys raises Q3FY26 bonus payout to 85% after steady quarterly improvement

Infosys’ variable pay has steadily improved over recent quarters, rising from about 65-80%, and now averaging around 85% in Q3FY26.

Less a collapse, more a transition: IT sector long term outlook remains stable amid stocks rout

BUSINESS

Less a collapse, more a transition: IT sector long term outlook remains stable amid stocks rout

Growth metrics like revenue per employee and margin per employee will now increasingly depend on how effectively firms embed AI into delivery.

Layoffs hit GCCs as auto tech firm AUMOVIO plans 1,000 job cuts in India

BUSINESS

Layoffs hit GCCs as auto tech firm AUMOVIO plans 1,000 job cuts in India

With around 6,000 employees in India, the planned reduction implies that nearly 16-17% of AUMOVIO’s local workforce will be impacted, making India one of the most affected geographies in the global exercise.

Two companies planning AI server manufacturing units amid data centre push: IT minister Vaishnaw

BUSINESS

Two companies planning AI server manufacturing units amid data centre push: IT minister Vaishnaw

Globally, AI server manufacturing is dominated by Taiwanese Original Design Manufacturers (ODMs) such as Foxconn, Quanta, and Wistron, along with branded players like Dell, HPE, and Lenovo, while platforms are largely Nvidia, AMD, and Intel.

Cognizant to roll out 100% bonus pay after hitting growth targets ahead of plan

BUSINESS

Cognizant to roll out 100% bonus pay after hitting growth targets ahead of plan

Cognizant’s entry into the 'Winner’s Circle' followed 6.4% year-on-year constant currency growth in 2025, the highest among large IT services firms

Cognizant offers reality check on Anthropic AI after Rs 2-lakh-cr IT rout, says value won’t shift magically

BUSINESS

Cognizant offers reality check on Anthropic AI after Rs 2-lakh-cr IT rout, says value won’t shift magically

Addressing concerns in the post-earnings press conference, Cognizant CEO Ravi Kumar S said the assumption that new AI tools can be plugged into enterprise environments and immediately replace large parts of IT services work is misplaced.

Cognizant plans to hire about 25,000 freshers in 2026 as AI boosts productivity

BUSINESS

Cognizant plans to hire about 25,000 freshers in 2026 as AI boosts productivity

Contrary to the widespread discussion on AI-led job losses, the management said higher fresher intake is being supported by rising productivity at the bottom of the pyramid, enabled by greater use of AI tools and agentic software.

Indian IT selloff reflects AI-led repricing fears, not demand collapse, say analysts

BUSINESS

Indian IT selloff reflects AI-led repricing fears, not demand collapse, say analysts

Market participants pointed to renewed concerns after Palantir’s latest earnings commentary highlighted how AI-led platforms are compressing timelines for complex enterprise work, worrying expectations around traditional IT services-led revenue models.

US-India trade deal eases outsourcing curb fears for Indian IT, GCCs

BUSINESS

US-India trade deal eases outsourcing curb fears for Indian IT, GCCs

The easing of trade-related anxiety is expected to directly benefit GCCs, as US enterprises that had adopted a wait-and-watch stance on expanding or setting up centres in India amid trade friction begin to move forward with their plans.

Budget's Data Centre push wins applause, but sparks level-playing-field concerns

BUSINESS

Budget's Data Centre push wins applause, but sparks level-playing-field concerns

Industry leaders believe this move is India’s play to outcompete established hubs like Singapore, Ireland, and the Middle East for global cloud infrastructure investment.

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