Technology

The top five Indian IT companies have also reported steady fresher hiring numbers for H2.

PVR Inox Q2 results: Multiplex chain posts Rs 106-crore profit, revenue rises 12% to Rs 1,823 crore

The strong momentum of Q1 accelerated in Q2, making first half of FY26 one of the most remarkable periods in recent times, the company said.

LTIMindtree defers pay raise again, 50% employees to receive hikes in January, rest in April

Giving context on this decision, CEO Venu Lambu said that 'the topic of wage hikes is evolving,' as the industry and the company are going through a significant inflection point

Infosys hires 12,000 freshers in first half, on track to hire 20,000 for FY26

Attrition for the quarter fell to 14.3 percent, from last quarter’s 14.4 percent on a last-twelve-month basis. The IT services major had also added 8,203 employees in Q2.

Graph AI secures $3 mn from Bessemer to automate drug safety monitoring

The company’s flagship product, Graph Safety, uses context-aware AI to automate the detection and reporting of adverse drug events (ADEs), a process traditionally handled by large teams of pharmacology graduates manually combing through call transcripts, legal filings, and medical literature.

IPL hits a valuation slump — gaming ban curbs its winning streak, WPL hits a roadblock too

Despite headwinds, the fundamentals of both the leagues remain resilient.

Tech Mahindra developing 1-trillion-parameter sovereign LLM under IndiaAI Mission

Tech Mahindra CEO Mohit Joshi described it as a “significant technical milestone,” noting that with 1 trillion parameters, the IT major’s LLM would rank among the largest AI models currently under development worldwide.

Tech Mahindra overall add 4,197 employees in Q2, IT headcount plunges by 1,459 QoQ

The company’s last twelve-month (LTM) attrition has inched up to 12.8 percent, from 12.6 percent in the previous quarter.

Kantara: Chapter 1 turns ancient Indian tales into box-office gold

Kantara: Chapter 1 has not only delivered commercial success but has also created a new cinematic category — one where mythology, faith, and folklore drive mass appeal and mainstream box office numbers.

HCLTech intends to increase local hiring to reduce H-1B reliance: CEO C Vijayakumar

Earlier, HCLTech had said that it had the lowest dependency on H-1B visas within  the industry, with 80 percent of its workforce in the US comprising local talent.

HCLTech to roll out wage hikes from October; move variable pay to fixed salary

Last year, HCLTech had implemented a 7 percent salary hike starting October. Top performers had received raises of up to 12-14 percent. 

HCLTech generates $100 million from advanced AI, contributing nearly 3% to overall revenue

HCLTech is taking a long-term view on AI by proactively transforming its services even if it means “disrupting parts of the company’s existing revenue base”.

HCLTech adds 3,489 employees in Q2FY26, reduces attrition to 12.6%

In Q2, HCLTech also on boarded 5,196 freshers, taking the total fresher addition to 7,180 as of H1FY26.

Must invest in critical tech, India got bad advice from economists trained at Columbia, Chicago, Harvard: Zoho’s Sridhar Vembu

Calling for balanced trade, Vembu said India must avoid both large deficits and surpluses and focus on technological self-reliance to restore equilibrium.

Singapore Court approves WazirX’s restructuring plans following $230-mn hack

'As soon as the scheme is legally effective based on today’s verdict, we will start platform operations within 10 business days,' said founder Nischal Shetty

MC Interview: There is a Swadeshi movement underway, India must be self-reliant in tech and trade on equal terms, says Zoho’s Sridhar Vembu

In this detailed and candid conversation, Zoho’s Chief Scientist and founder Sridhar Vembu opens up about the growing Swadeshi movement in India-a push for self-reliance in technology and trade amidst a global landscape where tech is increasingly weaponised

Diwali rush sends airfares soaring as ticket for key routes touch Rs 40,000 on heavy demand

If you're planning to fly home this Diwali, be prepared to pay a premium, as airfare on popular routes have shot up and tickets during Diwali week are higher than the average festive period last year.

TCS says only 500 workers on new H-1B visas as it moves to reduce US dependency

TCS has been the top beneficiary of the work visa programme among Indian IT services firm. As of September, TCS was allocated around 5,505 visas

Prosus picks up 10% stake at Rs 1,295 crore in Ixigo’s parent, funds to fuel AI, hotel expansion

The company will use the sume, Rs 1,295 crore, to fund AI investments and its hotel vertical among others

TCS to invest $6-7 billion into building data centers; first revenues 18–24 months after start

TCS CEO K Krithivasan said the project, which is close to India’s overall data center capacity, will be developed in phases with funding structured as a mix of equity and debt.

From Nainital to Rudrapur, why MakeMyTrip is hiring more from tier 2, 3 towns

MakeMyTrip is taking its talent hunt beyond metros, hiring more from tier 2 and 3 markets such as Nainital and Rudrapur. The travel platform sees smaller towns as untapped talent hubs, helping it diversify workforce, while tapping India’s growing heartland potential

Softbank-owned Graphcore to invest 1 billion pounds in India, set up AI engineering campus in Bengaluru

Graphcore said hiring for the first 100 roles is already underway, spanning Silicon Logical Design, Physical Design, Verification, Characterisation, and Bring-up engineering functions.

Rush Hour: Bus travel in fast lane with high festive bookings; Diwali demand doubles

With limited train availability and rising airfares, more Indians are choosing premium bus options for their festive journeys, with bookings nearly double, compared to regular non-festive weeks.

India at the centre stage: Prime Video to back theatrical runs, content trends worldwide

Prime Video's Indian slate is pretty much the biggest slate outside of the US, the streaming service's officials said.

Investor eyeing up to 16% stake in Ixigo parent Le Travenues Technology

The company informed exchanges that a potential investor, whose names was not disclosed, is considering buying a stake in the travel firm