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In this conversation, Zoho founder and chief scientist Sridhar Vembu explains why the company is expanding its operations in Kumbakonam and how rural India fits into Zoho’s long-term technology strategy. He details plans to grow the local workforce from 250 to 2,000 employees and describes the hub-and-spoke model that connects R&D with regional development. The interview also covers Zoho’s entry into the ERP market, a space dominated by global players like SAP and Oracle, and why the company believes an India-first, AI-native ERP can compete globally. Vembu shares his views on the AI investment bubble, foundational models versus applied AI, SaaS consolidation, and why patient, long-term R&D matters. From small-town expansion to global technology ambitions, this conversation highlights how Zoho is building products and talent outside traditional tech hubs.
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Telangana IT and Industries Minister D Sridhar Babu tells Moneycontrol the state is showcasing policy reforms and seeking long-term global partnerships.
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NASA’s AI, ExoMiner++, is scanning TESS data, flagging 7,000 potential exoplanets. Open-source and powerful, it separates real planets from false signals, accelerating discoveries of new worlds.
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Accenture’s cybersecurity business is worth about $10 billion, with around 30,000 security professionals worldwide. Of these, 13,000 are based in India
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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.
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AI Centre of Excellence will come up at KEONICS’ HSR Layout facility in Bengaluru, with a total outlay of Rs 20 crore over four years, aimed at accelerating AI adoption and Industry 4.0 innovation.
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The company said its overall workforce is about 4,200 employees globally.
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Live highlights from Davos 2026 Day 4: At Davos 2026, Moneycontrol brings you exclusive interviews and highlights: Trump delivers his speech at Davos, Union Minister Ashwini Vaishnaw shares India’s AI strategy ahead of the India AI Impact Summit, Rishi Kapoor, VC & CIO of Invescorp, talks about India’s investment opportunities and sectoral trends, Kim Baroudy, McKinsey’s Global Head of Tech in Asia, discusses AI and tech investments in Europe and Asia, and Rajan Bharti Mittal, Vice Chairman of Bharti Enterprises, on India’s role in the global economy, telecom growth, and investment potential.
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Premji said AI will create wider opportunities for technology services firms, from advisory work to implementation and delivery at scale.
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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'
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Karnataka held talks with global and Indian firms on data centres, AI and manufacturing, exploring investment and expansion opportunities on the sidelines of WEF Davos.
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Mistral’s rivals are also moving into India. Anthropic plans to open a Bengaluru office in early 2026, while OpenAI has said it will set up its first India office in New Delhi.
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Kartavya, state’s in-house AI-driven attendance platform developed by Centre for e-Governance, is being rolled out across departments to replace biometric devices
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Karnataka’s Centre for e-Governance has identified a fully furnished 20,000 sq ft facility in Bengaluru, with CoE operating under IndiaAI Mission’s 40:40:20 funding model.
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Industry sources said that L&T is investing around Rs 10,000 crore towards the group's data centre business
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Since its first commercial deployment in May 2025, Bolna has scaled from handling about 1,500 calls a day to over 200,000 daily calls, marking a growth of more than 13,000 percent.
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The startup plans to launch call-deflection agents, an AI-native CRM with a memory layer and an app store for community-built workflows
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The strategic pivot must be toward the "infrastructure layer"; comprising sovereign cloud architectures, orbital computing arrays, and domain-specific edge silicon. These backend companies are what will thrive immensely
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The Indian startup ecosystem will also need to see more IPOs and M&As as it matures, Ganguly said in the interview to Moneycontrol
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Day 2 LIVE from Davos 2026 brings insights from top global leaders. PwC Global Chair Mohamed Kande and PwC India Chair Sanjeev Krishan discuss CEO uncertainty amid geopolitical turmoil and AI-driven productivity. Cerebras CEO Andrew Feldman says AI is spreading across the economy and “not a bubble,” while HCLTech CEO C Vijayakumar warns IT must reinvent itself to remain a major job engine. Maharashtra CM Devendra Fadnavis highlights MoUs worth ₹16 lakh crore, alongside key perspectives from global and Indian leaders shaping the future of growth, technology, and partnerships.
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Emergent will use the funds to launch new products, strengthen offerings to smartphone users, kickoff enterprise relationships (B2B sales), hire more employees and set up an office in Europe, Mukund Jha, co-founder and CEO, told Moneycontrol.
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AI changes the tools, cost structures and even what users expect. What it doesn't change: the hard work of figuring out what's worth building, for whom, and why they'll care. That's still the game
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In an interview to Moneycontrol on the sidelines of the World Economic Forum (WEF) in Davos, Feldman also spoke about the growing importance of India in the global AI ecosystem
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“If you don't re-imagine the business, I don't think IT will be the big engine of jobs in India," Vijayakumar told Moneycontrol at World Economic Forum in Davos.
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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.
