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TCS announced around eight deals in the third quarter, the highest among Tier-1 IT companies. Analysts at ICICI Securities have pegged quarterly deal total contract value in the $7billion-$9 billion range

IT moves beyond agentic AI as Wipro, others bet on autonomous, quantum-led systems for 2026

While 2025 was about proving what agentic AI could do, 2026 is expected to be defined by scale and measurable business outcomes

Got a message from the tax department? It may be time to revise your return

That unexpected message from the Income Tax Department can be unsettling, but it does not always mean trouble.

Q3 results: From muted growth to AI deflation, 5 factors to watch out for in IT earnings

With seasonal headwinds clouding reported numbers, investors are likely to look past the quarter and focus on management commentary around CY26 budgets and AI monetisation timelines

Five years of Techade: AI lifts productivity, caps headcount, reshapes IT cost structures

The revenue mix from AI, cloud, and advanced digital services has risen sharply, from about 25% five years ago to nearly 60% today.

Indian IT eyes revival in 2026 as AI projects move from proof of concept to execution

This shift is beginning to stabilise demand, but it is also forcing IT services firms to confront structural changes that will define growth beyond 2026.

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

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

After outrage over crumbling infrastructure, Karnataka IT minister, Bengaluru civic chief meet CXOs on ORR, promise action

Karnataka IT-BT minister Priyank Kharge said the state government has earmarked Rs 450 crore for comprehensive road upgradation along Silk Board-KR Pura stretch, including black-topping, service roads, street lighting, and pedestrian infrastructure.

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.

Education alone is insufficient without jobs, says Infosys' Sumit Virmani

India’s next wave of social innovators must focus on turning education and training into tangible employment outcomes, Virmani has said

Cross-GCC hiring now 60% as centres battle 20% attrition, says report

The whitepaper also highlights the rise of Tier-2 cities as expansion hotspots, driven by lower costs and a steady pipeline of engineering talent, however, attracting experienced senior professionals to these locations remains a challenge.

Chart of the Day | IT sector continues to navigate uncertainty

Gartner predicts that by 2026, global spending on software incorporating generative AI will actually surpass spending on traditional software without AI capabilities

Cognizant seeks dismissal of Infosys counterclaims in TriZetto fight

The Teaneck-headquartered company has also asked the court to pause all antitrust-related discovery by Infosys until its dismissal plea is decided.

Karnataka signs Letters of Intent worth Rs 2,600 crore in Beyond Bengaluru clusters, to generate 3,500 jobs

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.