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.
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.
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.
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
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'
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
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
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.
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
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
BUSINESS
Data Centre tax holiday to benefit Indian players, GPU infra big way: Yotta CEO Gupta
Additionally, Gupta also pointed out that the use case of foreign cloud providers serving global demand from India shall increase significantly.
BUSINESS
IT services hiring stays weak; enterprises, GCCs pick up, says Quess CEO
Within the segment, GCC clients now account for roughly 72% of professional staffing headcount.
BUSINESS
Why India’s GenAI rush creates 13x more startups, while funding rises just 1.6x
The 688-page Economic Survey suggests that lower entry barriers, rising demand for productivity-led GenAI solutions, and continued capital concentration in infrastructure have enabled rapid startup formation without a commensurate rise in overall funding.
BUSINESS
Happiest Minds founder and executive chairman Ashok Soota explores stake sale, taps banker to assess options
Soota currently holds over 32% in the IT services firm directly and more than 40% through other promoter holdings. Soota’s stake in Happiest Minds Technologies is valued at approximately Rs 1,980 crore at current market prices.
BUSINESS
India-EU FTA to dismantle demand and talent hurdles, give boost to ER&D for Indian IT
Touted as the “mother of all deals”, the FTA is being assessed by the $283-billion IT, tech, and services industry as a medium-term structural positive rather than an immediate demand trigger.
