Trading levels for Budget Day: Nifty should stay above 25,350 to aim for 25,600, say experts; check downside target
Analysts said the Nifty needs to hold above the 25,350 level to extend its upward move towards 25,600.
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.
Leaders eat last: NR Narayana Murthy stresses fairness in executive pay, high governance standards
Murthy described legendary banker Aditya Puri as 'India’s finest entrepreneur post-Independence,' drawing a contrast between the paths taken by Infosys and HDFC Bank in building scale and influence.
Indian IT majors flag trust, data readiness as enterprises scale AI
Indian IT majors say the next phase will be less about hype and more about fundamentals, clean data, clear accountability, and systems that can explain their decisions at scale.
GCCs emerge as key lever in AI, services transition, says Economic Survey 2026
Services have increasingly carried the burden of export growth, even as global conditions have become more volatile, it says
Economic Survey moots 'AI Economic Council' to align tech adoption with jobs, skills
The survey has flagged the risk of unchecked automation in a country with a large and diverse workforce, arguing that AI deployment must be carefully seen through to avoid destabilising labour markets
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.
Budget 2026 — Can FM address India’s AI paradox?
India’s AI ambition hits a hard constraint: capital, compute and the cost of catching up
Without mass, public benefit ‘race to the top’, AI risks backlash over misuse, job losses: Nandan Nilekani
The Aadhaar architect argued that the focus should be on building AI use cases that benefit millions of people, particularly in areas that improve livelihoods and strengthen public services
India can become world's intelligence capital, Bengaluru an easy recall: Nvidia’s Dhupar
Intelligence is created when applications are embedded into real workflows and operate at scale rather than through models or tokens in isolation, Nvidia's managing director for South Asia Vishal Dhupar has said
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.
MC-Deloitte CXO Survey: CXOs divided on AI, majority expect major disruption
The survey shows that 53.2% of respondents expect significant disruption from AI in terms of ROI, use case adoption, and skills, while 46.8% anticipate moderate disruption.
TCS to build largest delivery centre in Brazil with $37 million investment; to create 1,600 jobs
The facility is expected to be ready by 2027, and will serve as a strategic delivery hub for clients across Brazil and the wider Latin American region.
UST bags Rs 500 crore-plus digital transformation deal from Muthoot FinCorp, group firms
UST has been working with the Muthoot Pappachan Group since 2020, supporting its digital transformation across infrastructure, cloud, and security domains.
India-EU FTA diversifies markets for IT exporters, provides hedge against geopolitical challenges: Nasscom
“This could lead to more EU investment in India's IT ecosystem, joint ventures, R&D in AI, semiconductors, clean tech, and startups,” the technology industry body said.
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.
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
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
Persistent Systems sets sights on Europe acquisitions in push towards $5 billion revenue by FY31
Customers are diverting their limited technology budgets to deploy more capital for transformations that will enhance revenue, CEO Sandeep Kalra tells Moneycontrol
Mphasis CEO Nitin Rakesh warns against ‘race to the bottom’ pricing in AI era
Rakesh said customers are no longer satisfied with vendors merely optimising the cost of people. Instead, they are pushing for vendors to reduce the effort required to deliver outcomes, especially in “run” operations.
HCLTech to acquire Singapore-based wealth consulting firm Finergic for $14.88 million
This is HCLTech’s fourth acquisition in in less than three months. Previously, HCLTech acquired HPE’s Telco Solutions business for $160 million, AI startup Wobby for $5.2 million and Jaspersoft for $240 million.
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.
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.
Davos 2026: ‘India is a phenomenal market’, SAP’s Thomas Saueressig plans more campuses in the country
Amid the ongoing uncertainties surrounding US trade tariffs and the geopolitical tensions, business leaders will have to continue cutting through the hype of AI and seek real value that “needs to manifest in the P&L”, said Saueressig.
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
