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The state government also announced new initiatives under its Local Economy Accelerator Programme (LEAP), a five-year, Rs 1,000-crore plan to build strong innovation clusters outside Bengaluru. Two flagship programmes - Elevate Next (Deeptech) and Elevate Beyond Bengaluru - will be launched as part of this effort.

Tech, IT industry run huge risk if they do not turbocharge engineers, says MeitY’s Abhishek Singh

India’s ambitions to build its own LLMs are set to advance with Bengaluru-based Sarvam nearing the launch of its foundation model, Singh added during the panel discussion.

Flexible workspace operators WeWork, Awfis ride piggyback on India’s GCC boom

With both large multinationals and fast-scaling mid-sized firms driving demand, industry experts say that flexspaces are no longer a secondary or interim choice, they are becoming the default workplace architecture for India’s GCC ecosystem.

Bengaluru Tech Summit to commence on Nov 18; Karnataka to unveil IT, start-up and space-tech policies

Bengaluru Tech Summit will also witness the launch of Karnataka’s AI-ready computer designed and developed to bridge the state’s digital access gap

H-1B shift shows Trump moving from ideology to pragmatism, analysts say

Industry watchers say India’s IT sector remains largely unfazed as US visa restrictions tighten, with firms already localising hiring and reducing dependence on H-1Bs.

Awfis signed up with 11 GCCs in ten months for workspace, plans to launch furniture brand next quarter

Awfis is also expanding across both metros and Tier II markets, with operations in nine metros and nine Tier II cities. Ramani said growth in Tier II has been strong, though supply availability is a constraint.

Karnataka to reimburse rent, property tax, power duty to lure IT firms outside Bengaluru

The strategy is to move technology jobs and investments into cities such as Mysuru, Mangaluru, Hubballi-Dharwad, Kalaburagi, Belagavi, Shivamogga, and Davanagere.

Back office renaissance: Genpact, EXL, Firstsource surge as BPMs ride the AI wave, outpacing IT peers

Integrated technology operations, once the stronghold of IT firms, are now being executed meaningfully by companies that began as BPMs or BPOs.

Happiest Minds says demand environment stable as digital, AI programs continue

Clients shift from pilots to production as tech spending focuses on efficiency and measurable outcomes.

Cognizant calls time on the IT era, bets future on AI built delivery

The firm continues to lean heavily on fresher hiring, targeting 20,000 campus recruits this year, while moving delivery towards AI-assisted development workflows.

Cognizant posts strongest sequential growth since 2022, raises full-year guidance to 6-6.3%

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 leans on proprietary AI platforms as automation reaches 8% of revenue

Coforge’s strategy is to scale AI-led engineering, expand large accounts and maintain asset-light delivery.

IT sector slumps, auto, banking shine in Samvat 2081

Auto and banking surge ahead as IT bears the brunt of global slowdown.

'Enjoy the spice...': After Nara Lokesh’s jibe, Priyank Kharge's retort

Karnataka IT Minister Priyank Kharge and Andhra Pradesh IT Minister Nara Lokesh have often been at loggerheads, with the latter wooing investors and startups from Bengaluru to Andhra. The spat intensified after Google’s $15-billion investment in Visakhapatnam.

Tariff uncertainties prompting clients to rethink supply chains, says Wipro CEO Srinivas Pallia

The Wipro chief noted that global clients are becoming increasingly cautious amid changing trade policies.

Wipro Q2 PAT seen up 8.4% QoQ to Rs. 3,340 cr: Prabhudas Lilladher

Net Sales are expected to increase by 2.4 percent Q-o-Q (up 1.6 percent Y-o-Y) to Rs. 22,670 crore, according to Prabhudas Lilladher.

HCL Technologies Q2 PAT seen up 8.7% QoQ to Rs. 4,180 cr: Prabhudas Lilladher

Net Sales are expected to increase by 3.9 percent Q-o-Q (up 9.2 percent Y-o-Y) to Rs. 31,530 crore, according to Prabhudas Lilladher.

Tata Elxsi Q2 PAT seen up 5.7% QoQ to Rs. 150 cr: Prabhudas Lilladher

Net Sales are expected to increase by 0.4 percent Q-o-Q (down 6.2 percent Y-o-Y) to Rs. 900 crore, according to Prabhudas Lilladher.

Tech Mahindra Q2 PAT seen up 12.4% QoQ to Rs. 1,280 cr: Prabhudas Lilladher

Net Sales are expected to increase by 2.7 percent Q-o-Q (up 3 percent Y-o-Y) to Rs. 13,710 crore, according to Prabhudas Lilladher.

Tata Consultancy Services Q2 PAT may dip 1.8% QoQ to Rs. 12,530 cr: Prabhudas Lilladher

Net Sales are expected to increase by 2.4 percent Q-o-Q (up 1.1 percent Y-o-Y) to Rs. 64,940 crore, according to Prabhudas Lilladher.

Mphasis Q2 PAT seen up 3.3% QoQ to Rs. 460 cr: Prabhudas Lilladher

Net Sales are expected to increase by 3.1 percent Q-o-Q (up 8.9 percent Y-o-Y) to Rs. 3,850 crore, according to Prabhudas Lilladher.

LTIMindtree Q2 PAT seen up 2.1% QoQ to Rs. 1,280 cr: Prabhudas Lilladher

Net Sales are expected to increase by 4.5 percent Q-o-Q (up 9 percent Y-o-Y) to Rs. 10,280 crore, according to Prabhudas Lilladher.

KPIT Technologies Q2 PAT seen up 18.1% QoQ to Rs. 200 cr: Prabhudas Lilladher

Net Sales are expected to increase by 1.9 percent Q-o-Q (up 6.6 percent Y-o-Y) to Rs. 1,570 crore, according to Prabhudas Lilladher.

Infosys Q2 PAT seen up 4.3% QoQ to Rs. 7,220 cr: Prabhudas Lilladher

Net Sales are expected to increase by 4.2 percent Q-o-Q (up 7.5 percent Y-o-Y) to Rs. 44,070 crore, according to Prabhudas Lilladher.

Cyient Q2 PAT seen up 12.4% QoQ to Rs. 170 cr: Prabhudas Lilladher

Net Sales are expected to increase by 11.8 percent Q-o-Q (up 3.5 percent Y-o-Y) to Rs. 1,910 crore, according to Prabhudas Lilladher.