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    • AI not plug-and-play, enterprises need open-heart surgery, says Infosys’ Satish HC

      Execution challenges, legacy tech stacks and data readiness — not model capability — are the biggest barriers to scaling AI in enterprises, Infosys chief delivery officer tells Moneycontrol

    • AI slashes modernisation costs 10x but expands tech opportunity, says Nasscom's Velamakanni

      Nasscom vice chairperson Srikanth Velamakanni said modernising an estimated 800 billion lines of legacy code at about $2 a line could translate into a $1.6 trillion opportunity enabled by AI

    • TCS, Infosys, HCLTech CEOs strike confident note amid AI fears

      Their remarks come amid $300 billion global tech stocks correction and concerns that generative AI tools could automate large swathes of coding and enterprise software work.

    • AI will remain a technology tool, leaders will decide how to use it, says Accenture CEO Julie Sweet

      Headlines of fewer jobs, opportunity and less human relevance are wrong, as humans will continue to lead in decision making, Sweet predicted

    • Q3 review: Growth is real, but fragile

      Q3FY26 earnings brought a long-awaited revival, but analysts warn the triggers may be too temporary to sustain the market's lofty expectations.

    • AI-led GCCs expedite drug development cycles, lower costs, says report

      In clinical trials, AI-led patient recruitment, trial design and real-time analytics are shortening development cycles by four to six years while improving success rates, KPMG in India and UnearthIQ have said in a report

    • Indian IT firms well placed for AI services, says Ashwini Vaishnav amid job loss fears

      The focus on AI-driven modernisation of legacy systems creates a significant opportunity for Indian IT firms even as the industry navigates workforce transitions, the minister tells Moneycontrol

    • India AI Summit: From grassroots to enterprises, TCS and HCLTech lay out AI playbooks

      TCS demonstrated AI at the grassroots, while HCLTech focused on deploying AI across core business and engineering operations.

    • Writing code will no longer be the goal as AI reshapes tech jobs, says Infosys' Nandan Nilekani

      Nilekani said enterprises will need new skills focused on AI engineering, agent orchestration, and managing non-deterministic systems, where the same prompt can generate different outcomes each time.

    • 'No longer just IT services', Wipro to pitch AI pivot at India Impact Summit

      Infosys, Cognizant, and HCLTech have all affirmed a similar shift, telling investors that AI-led platforms and productivity gains are redefining their business models

    • GCC hiring cushions IT slowdown as mid-level demand weakens, says Info Edge

      Hiring momentum for mid-level roles, defined as positions with annual compensation between Rs 5 lakh and Rs 30 lakh, has moderated over the past few years.

    • Cognizant discloses AI-related service risks in annual report

      However, the IT major, last week, said the assumption that new AI tools can be plugged into enterprise environments and immediately replace large parts of IT services work is misplaced.

    • Less a collapse, more a transition: IT sector long term outlook remains stable amid stocks rout

      Growth metrics like revenue per employee and margin per employee will now increasingly depend on how effectively firms embed AI into delivery.

    • Piyush Goyal says IT firms well prepared for AI shift, recommends tech stocks

      Speaking at the launch of NITI Aayog’s Frontier Tech Hub roadmap on India’s Technology Services in New Delhi, Goyal said companies should not take a “depressed outlook” on the future.

    • AI, biotechnology to be key focus areas in Karnataka budget; greener data centre policy in the works, says Priyank Kharge

      Minister for Information Technology, Biotechnology and Rural Development Priyank Kharge said the state will unveil an Ocean Farming Policy, back AI–biotech convergence, and push a greener data framework.

    • Beyond Bengaluru: Karnataka plans integrated technology park in Hassan

      State-run miner Karnataka State Minerals Corporation Ltd has called a tender to appoint a consultant for developing the 14-acre project in phases

    • Cognizant to roll out 100% bonus pay after hitting growth targets ahead of plan

      Cognizant’s entry into the 'Winner’s Circle' followed 6.4% year-on-year constant currency growth in 2025, the highest among large IT services firms

    • India's AI Economic Council a ‘brilliant idea’ to guide AI’s impact on jobs, says Cognizant CEO

      He argued that productivity gains from AI need to be deliberately channelled back into the workforce to support long-term growth and social stability.

    • Cognizant plans to hire about 25,000 freshers in 2026 as AI boosts productivity

      Contrary to the widespread discussion on AI-led job losses, the management said higher fresher intake is being supported by rising productivity at the bottom of the pyramid, enabled by greater use of AI tools and agentic software.

    • US-India trade deal eases outsourcing curb fears for Indian IT, GCCs

      The easing of trade-related anxiety is expected to directly benefit GCCs, as US enterprises that had adopted a wait-and-watch stance on expanding or setting up centres in India amid trade friction begin to move forward with their plans.

    • Why IT companies are giving a thumbs-up to the Budget

      Tax treatment of buyback and announcements pertaining to safe harbour lift sentiment for IT

    • Budget 2026 lift IT stocks with tax regime sweeteners for tech and cloud services

      IT stocks continue to trade in red, amid weak market momentum and failure to absorb Union Budget 2026 measures as completely positive for the sector in near term.

    • Budget 2026 proposes to setup high-powered committee to recommend measures on services sector

      Finance Minister Nirmala Sitharaman added that this measure will make India a global leader in services with a 10% global share by 2047.

    • 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.

    • 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.

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