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.
BUSINESS
Next GCC wave in Tier-2 cities needs payroll incentives, Grade-A infra, cluster strategy
The industry has also flagged transfer pricing as a persistent challenge for GCCs as they move into higher-value and IP-linked work.
BUSINESS
DXC Technology to shift Bengaluru campus from Electronics City to ORR
IT firm DXC Technology to move campus to Prestige Lakeshore Drive in Bellandur on the Outer Ring Road
BUSINESS
ServiceNow says 45% of its global product engineering is now done from India
The company plans to expand its team in Hyderabad this year, focusing on roles such as software engineers with AI skills, machine learning specialists and research scientists
BUSINESS
Budget 2026: IT/BPM wants clarity on labour codes, bigger push on AI, skilling
The industry’s message to the government ahead of Budget 2026 is clear: fix what slows companies down, and back what helps them scale.
BUSINESS
Coforge pegs Encora integration costs at $10–15 million, synergies to kick in Q1FY27
Coforge also reiterated that it has decided not to go ahead with a QIP to retire Encora’s debt, saying it has secured financing from a consortium of banks at a “middle single digit” interest rate.
BUSINESS
Davos 2026: Accenture to set up Bengaluru lab focused on physical AI, robotics security
Accenture’s cybersecurity business is worth about $10 billion, with around 30,000 security professionals worldwide. Of these, 13,000 are based in India
BUSINESS
Davos 2026: Infosys to hire 20,000 graduates in FY27 as CEO Parekh flags AI-led growth opportunities
The Infosys CEO said AI is creating new service demand across software development, customer service, and modernisation of legacy applications, driven by increasing adoption of AI agents.
BUSINESS
WEF 2026: BPO is Cognizant’s fastest-growing business, says CEO Ravi Kumar
Cognizant CFO Jatin Dalal also weighed in on the intertwining of the operations and tech shift, saying it is forcing companies to rethink how services are priced in the AI era
BUSINESS
Davos 2026: Wipro doing the right things under CEO Srinivas Pallia, says Premji
Premji said AI will create wider opportunities for technology services firms, from advisory work to implementation and delivery at scale.
BUSINESS
Davos 2026: Indian IT is not lagging in AI, says Wipro chairman Rishad Premji
Talking about job and revenue deflation concerns stemming from AI, Premji tells Moneycontrol that the transition does not necessarily mean less revenue or fewer people, 'it just means a redistribution of what you’re doing'
BUSINESS
Davos 2026: India is our second-largest enterprise market as RoI drives adoption, says ElevenLabs
ElevenLabs’ India play initially accelerated through content creation and dubbing across multiple languages, but Reina said the next wave of growth is increasingly coming from “Agentic” deployments.
BUSINESS
Davos 2026: Long-time India fan Siemens sees huge AI data centre opportunity, says Cedric Neike
Neike said companies like Siemens are benefiting from the data centre boom because next-generation facilities look more like industrial systems than conventional server rooms.
BUSINESS
Why Bill Gates is watching clean ammonia and this Infosys Prize winner is building it
Caltech University's Professor Karthish Manthiram won the Infosys Prize 2025 in Physical Sciences for his breakthroughs in lithium-mediated ammonia synthesis and oxygen-atom transfer catalysis, showing how renewable electricity can drive the production of essential chemicals.
BUSINESS
Davos 2026: Indian enterprises will be global role models for AI adoption, says ServiceNow vice-chairman
Calling it “the India century,” Tzitzon said he sees an explosion of energy and innovation across the country, including in Delhi, Hyderabad, Bangalore, and Mumbai.
BUSINESS
Davos 2026: Tired of AI PoCs, enterprises want trusted platforms, not a thousand solutions: ServiceNow
Tzitzon said enterprises are also increasingly leaning towards a platform strategy rather than experimenting with multiple disconnected tools
BUSINESS
Davos 2026: India hitting energy transition milestones early, but AI power demand, energy security next tests: WEF’s Roberto Bocca
Bocca said India has a “very ambitious plan” and is already achieving some of the key milestones “even earlier than planned,” pointing to India’s progress in building renewable capacity and expanding electricity infrastructure.
BUSINESS
India’s top IT firms face muted hiring in 9MFY26; net headcount down about 613
When compared to 9MFY25, the top five IT services majors’ hiring plunged more than 105 per cent in 9MFY26.
BUSINESS
AI shines in a dull quarter for Indian IT giants
In a quarter where the larger business grew at a measured pace, AI clearly behaved like a different engine.
BUSINESS
Wipro trims FY26 fresher hiring target to 8,000 from 10,000
Wipro CHRO Saurabh Govil said the company has already hired over 5,000 freshers so far this fiscal
