TECHNOLOGY
I go to Silicon Valley, walk around to keep up with AI: Former Cognizant CEO D’Souza
In addition to conversations with founders and operators in innovation hubs like Silicon Valley, Seattle, and Austin, he also draws insights from his academic ties, says Francisco D’Souza
BUSINESS
Application-layer AI now accounts for 3X more VC deals than infra in India, says Lightspeed’s Hemant Mohapatra
Mohapatra added that India is poised to lead in application-layer AI precisely because of its established capabilities.
BUSINESS
CBDT may not provide tax relief to foreign-owned data centres
Industry seeks greater alignment across taxation norms, approval processes and power infrastructure at both central and state levels to further streamline development of data centres
BUSINESS
IT companies to gain from rupee depreciation, but West Asia conflict to trigger business uncertainties
Industry experts believe the impact of depreciating rupee will be short-term and not significant enough as IT exporters tend to hedge their business against cross currency headwinds for at least two quarters ahead.
BUSINESS
IndiaAI Mission: Sarvam, others to get 100% compute subsidy from govt for foundational models
This subsidy applies exclusively to foundational model development, while the existing 40 percent subsidy will support other GPU-intensive activities such as inference and applications.
ARTIFICIAL-INTELLIGENCE
Accenture’s new bookings fall 6% on cancellations, delayed deal closures
Despite the drop in bookings, the world's largest IT firm raised the upper end of its annual revenue growth forecast to 6-7%, from 5-7% earlier.
BUSINESS
Accenture's Gen AI bookings increase 7% to $1.5 billion in Q3FY25
Meanwhile, the company said its revenue from Gen AI is now upwards of $1 billion year-to-date. Accenture follows a September-August financial year.
TECHNOLOGY
Why India should consider appointing a Chief AI Minister
The ask comes at a point when India is pursuing its own sovereign AI stack, a foundational push to build indigenous AI models, compute infrastructure, and datasets designed for Indian languages and contexts
BUSINESS
Used to take 25-30 hours on speech drafts, I now take 5 hours: Infosys founder Narayana Murthy on ChatGPT
Murthy believes Indian IT firms can tap into Gen AI to accelerate coding, reduce errors, and improve turnaround times.
BUSINESS
IIT-Kanpur missed out on Rs 2,000 crore worth of Infosys shares because of archaic rules, says NR Narayana Murthy
In the case of Bengaluru’s Indian Institute of Science (IISc), which faced a similar fate, the shares would have multiplied 768 times
BUSINESS
Fear that AI will take away jobs not right, very positive about IT industry: Infosys founder NR Narayana Murthy
Murthy said his own usage of OpenAI’s Generative AI tool ChatGPT has boosted his productivity by five times.
TECHNOLOGY
An MBA at IIMA could cost Rs 1 crore in 20 years, says Infosys founder Narayana Murthy on new merit scholarship
In an interview with Moneycontrol, Murthy said the whole fear that AI will take away jobs is not right and that he’s very positive about the IT industry.
BUSINESS
Krutrim’s agentic AI app 'Kruti' aims to go beyond Ola, may integrate with Uber, Swiggy, others
Currently, Kruti AI is integrated only with the Ola group for services like cab booking and food ordering. However, Krutrim plans to make it a cross-platform personal assistant that cuts across app silos.
BUSINESS
Indian GCC leadership roles up 30% to 6,500; returning NRI professionals taking on key positions
Even long-term expat leadership has dropped sharply over the past five years to less than 10 percent of senior roles, mostly in tightly regulated sectors needing close headquarter oversight
BUSINESS
In the making: 7 more billion-dollar IT companies after 15 in the past 10 years
Firstsource, Cyient, Oracle Financial, KPIT, Birlasoft, Zensar and Tata Technologies are likely to enter the billion-dollar revenue club soon
TECHNOLOGY
Picked for IndiaAI Mission, Gnani.AI to build sovereign multilingual LLM with emotion-aware voice
Traditional LLM architectures follow a speech-to-text-to-speech pipeline, while Gnani is building a 'fused' architecture that cuts latency by combining speech recognition and language understanding as a single step
TECHNOLOGY
GCC is truly successful when it becomes another headquarters: Accenture India GCC lead
The world’s largest IT firm refers to this transition as the rise of "HQ2", with global leadership roles, decision-making power, and ownership of initiatives such as data, AI, and product development.
BUSINESS
Infosys, TCS investing in GPUs, says MeitY's Abhishek Singh
Singh added that in the next six months, India will have around 50,000 GPUs secured through the AI mission.
TECHNOLOGY
Quess Corp launches GCC-as-a-Service ‘Origint’, targets 60% high-margin revenue by 2030
Origint offers an integrated suite of workspace solutions, technology, compliance management, talent acquisition, and tailored support
TECHNOLOGY
Pioneer partners with 2 Japanese OEMs for 2-wheeler cameras, to ramp up Bengaluru GCC to 200
The India GCC will play an important role in developing infotainment systems and sound technology solutions for four-wheelers, serving both the automotive OEM market and the aftermarket.
BUSINESS
Wipro’s Agentic AI increases efficiency by 20-35% in software development, says CTO Sandhya Arun
Savings from Agentic AI automation are being directed, not towards downsizing, as is the popular notion, but into upstream work, the CTO said.
TECHNOLOGY
Walmart to introduce “several hundred new roles” in US, India; laid-off employees can apply
It is learnt that several of those affected by the layoffs are employed in Walmart’s Bengaluru and Chennai GCCs in India.
INFORMATION-TECHNOLOGY
Quess Corp's demerged digital engineering services arm Digitide aims to grow to $1 billion in 5 years
Founder Ajit Isaac's comments assume significance following the recent demerger, as the company aims to unlock value through its three entities — Quess, Digitide, and Bluspring
INFORMATION-TECHNOLOGY
Bengaluru losing GCC edge to Hyderabad, tier 2 cities due to infra woes
Bengaluru’s share of India’s GCCs is projected to drop to 30% by the end of 2025 from 35% in 2020, even as cities like Hyderabad and Tier-2 hubs gain ground, according to data from ANSR Research.
