The move is intended to help enterprises shift from AI pilots to scaled deployments. This is expected to help enterprises integrate AI with existing systems without requiring major architectural overhauls, Cognizant added.
India is one of the fastest growing markets for Snowflake in the Asia Pacific and Japan region, says country head Vijayant Rai
Clients shift from pilots to production as tech spending focuses on efficiency and measurable outcomes.
The demand is primarily in AI, cloud transformation, cybersecurity, enterprise platforms and SAP HANA upgrades, tied to ongoing technology modernisation in global enterprises.
The firm continues to lean heavily on fresher hiring, targeting 20,000 campus recruits this year, while moving delivery towards AI-assisted development workflows.
CEO Ravi Kumar S said that over 30% of the company’s code is now being generated by AI, improving developer productivity and enabling larger fixed-price deals.
Coforge’s strategy is to scale AI-led engineering, expand large accounts and maintain asset-light delivery.
As part of the agreement, the tech major will provide a suite of IT services, including core business applications, infrastructure operations, end-user support, software asset governance, and project execution.
Wipro’s latest cybersecurity report found that 75% of enterprises lack expertise to defend against AI-led attacks, and 86% of recent breaches involve nation-state actors, a sign of how quickly digital espionage is escalating.
Google previously invested about $3 billion in Anthropic
Infosys developers have also produced more than 25 million lines of code using Gen AI.
Kalra told Moneycontrol that the company will not file for any new H-1B visas either, to avoid further impact of the US President Donald Trump government’s changing visa policies.
'We are committing to near double-digit growth in the second half,' CEO and MD Venu Lambu tells Moneycontrol in an interview
The top five Indian IT companies have also reported steady fresher hiring numbers for H2.
Giving context on this decision, CEO Venu Lambu said that 'the topic of wage hikes is evolving,' as the industry and the company are going through a significant inflection point
In January, the Bengaluru-headquartered firm announced that it had significantly reduced its reliance on H-1 B visas, as over 60 percent of its US workforce is now comprised of locals.
Attrition for the quarter fell to 14.3 percent, from last quarter’s 14.4 percent on a last-twelve-month basis. The IT services major had also added 8,203 employees in Q2.
Wipro onboarded about 2,900 freshers during this quarter despite lower attrition in the previous quarter and better utilisation, said chief human resource officer Saurabh Govil during the company's second-quarter earnings conference.
The Wipro chief noted that global clients are becoming increasingly cautious amid changing trade policies.
Wipro’s stance mirrors that of its peers. Last week, Tata Consultancy Services (TCS) said it has 'significantly reduced its dependency on H-1B visas', with only around 500 associates travelling to the US on new visas in the past year.
Jayesh Sanghrajka, CFO, Infosys shared that the company has hired around 12,000 freshers as of H1, and is on track to onboard 20,000 freshers for the full year of FY26.
Oracle said the investment will include training over 8,000 practitioners and developing more than 100 industry-specific AI use cases across sectors such as manufacturing and utilities.
For the quarter ending June 30, 2025, Black Box reported a topline of Rs 1,387 crore
Tech Mahindra CEO Mohit Joshi described it as a “significant technical milestone,” noting that with 1 trillion parameters, the IT major’s LLM would rank among the largest AI models currently under development worldwide.
The company’s last twelve-month (LTM) attrition has inched up to 12.8 percent, from 12.6 percent in the previous quarter.