Accenture Q1 signals stable demand but execution pressure for Indian IT firms
For Indian IT companies such as TCS, Infosys, HCLTech, and Cognizant, analysts say a stronger recovery is likely to depend on an improvement in macro conditions rather than company-specific execution alone.
AI-led RFP automation has boosted win rates at Cognizant, says Babak Hodjat
While AI has shortened RFP timelines, its biggest impact has been on the quality of responses rather than speed alone, the Cognizant’s chief AI officer tells Moneycontrol.
India better placed to attract global AI talent amid US visa, immigration curbs: Cognizant chief AI officer Babak Hodjat
The crackdown on foreign students and tougher immigration policies have made the US less welcoming, prompting many to consider alternatives such as Canada and Europe, Hodjat tells Moneycontrol
HCLTech to acquire HPE’s Telco Solutions business for $160 million
As part of this agreement, nearly 1,500 engineering and telecom specialists from 39 countries will join HCLTech’s global delivery team to help scale the business.
Accenture beats Q1 revenue forecast, to discontinue AI revenue reporting
The IT consulting firm reported revenue of $18.74 billion, compared with analysts' average estimate of $18.52 billion.
TCS reports $1.5 billion in annual AI revenue; completes over 5,500 AI projects
TCS is doubling down on AI native fresher hiring; nearly 50% of experienced hires have next gen skills, says COO
Psychological safety drives enterprise AI results for 83% of business leaders: Infosys-MIT report
The report says that nearly one in four leaders admitted they had held back from proposing or leading AI projects because of fear of failure or negative feedback.
Global technology giants account for over 60% of NTT’s India data centre demand
Clients are facing ‘PoC fatigue’, as success rates of PoC to AI still remains 17-20 per cent, Avinash Joshi, MD, India, NTT DATA tells Moneycontrol
GCCs increasingly rely on BPM partners for transformation, says Genpact
AI is about optimising business processes at an enterprise level. Without process and data maturity, GCCs cannot transition to AI-led operations, Dinesh Jain, who leads GCC engagements at Genpact, tells Moneycontrol
Mumbai’s AI hiring outpaces supply at 15% job posts vs 8% talent; Bengaluru tops with 29% share
Beyond the two largest hubs, Delhi-NCR, which holds 18% of India’s AI talent and 12% of job postings, shows a relatively balanced market.
TCS’ Salesforce consulting bets gives it an edge over rivals in agentic AI, say analysts
TCS is charting its next phase of growth. Industry experts expect more acquisitions, new businesses and geographical expansion from the country’s largest software exporter.
India’s GCCs power 22.5% of AI demand, cement 1.26 lakh talent base
India’s AI skill penetration is now 2.5 times the global average and talent concentration rising 252 percent between 2016-2024, a rate that outpaces the US, Germany, and the UK.
Satya Nadella puts Agentic AI front and centre with Microsoft's latest model
IT giants Cognizant, Infosys,TCS and Wipro expand Microsoft Copilot rollout to above 2,00,000 lakh licences
Khosla Ventures, SoftBank in talks to invest in Emergent’s $60-million round
The round, which will be Emergent’s largest, will also mark SoftBank’s return to the Indian startup ecosystem. SoftBank has remained on the sidelines and largely done only follow-on rounds
Coforge banks on AI, cloud to hit $2 bn milestone by FY26
Management has ruled out entering any new verticals, geographies, or service lines for the next three to five years.
TCS to acquire Salesforce consulting firm Coastal Cloud for $700 million
This will be the IT services giant's second acquisition in less than three months. In October, TCS said it was acquiring US-based ListEngage MidCo for $72.8 million
India’s tech workforce races ahead on AI as enterprises lag on maturity, governance
Most professionals learn AI independently through YouTube, online communities, documentation or hands-on practice, with only a third receiving structured training from employers
MC Interview: AI is a ‘second leg up’ for BPM; EXL’s opportunity has tripled, says CEO Rohit Kapoor
In an interview with Moneycontrol from the US, Kapoor said EXL has been posting double-digit growth, driven by a business mix that is increasingly data- and AI-led, with artificial intelligence embedded into client workflows.
Cognizant beats 1 mn AI skilling goal, doubles target to 2 mn; over 1.5 lakh Indians benefit
Around 76,000 have undergone intermediate training on Gen AI tools, and 9,000 have completed advanced role-based programs as of October 2025.
Suparna Mitra to take over as MD and CEO of TeamLease as founders step back from executive roles
Ashok Reddy, the current MD and CEO, will move to the position of executive vice chairman and work with Mitra on strategy, horizontal projects and new business adjacencies
LTIMindtree builds 1,500 AI 'digital employees' as CEO Lambu bets on agentic future
Each agent has a human mentor responsible for training and supervising and at some point, some of them might even be 'retired' or 'fired' if they do not learn well enough, Venu Lambu tells Moneycontrol
LTIMindtree will stop filing fresh H1-B visa applications: CEO Venu Lambu
Lambu said the impact on LTIMindtree's onsite delivery model will be limited because the company has already reduced its dependence on H-1B over the last few years and built a strong local hiring engine in the US.
TCS leases 3 million sq ft of office space between FY25, H1FY26: ICRA
According to ICRA data, IT-BPM sector had record office leasing between FY25 and H1FY26; TCS accounted for the highest office leasing across Bengaluru, Chennai and Hyderabad.
Can the misuse of AI really be stopped?
Modi’s call for a global AI compact is timely as the tech innovation threatens to upset the rhythm of economic development and human progress
