Bengaluru-based aerospace and defence technology firm CoreEL Technologies has raised $30 million in Series B funding to scale manufacturing in large defence programmes in India and overseas
GCCs outpace traditional IT giants in taking in talent as they pivot from basic operations to strategic AI, marking a decisive shift from maintenance to modernisation
Even if the LLM funding bubble bursts, enterprise AI adoption-driven by agentic systems and real use cases-will remain intact, says Cognizant's chief AI officer
TCS has disclosed for the first time that its annualised AI revenue is about $1.5 billion, as investors seek clarity on returns from large AI investments across IT services firms
India's supercomputing mission is advancing steadily with govt backing and public-private partnerships, positioning the country to move ahead in high-performance computing, says AMD's Thomas Zacharia
Space tech firm Digantara raises $50 million in Series B to expand globally, scale manufacturing and build full-stack space surveillance and intelligence capabilities
The country is expanding computing power for its AI mission. That's happening as rising competition between Google, Nvidia and other technology giants may lead to lowering costs for domestic startups
The Indian IT services industry derives roughly 90 per cent of its revenues from global markets-about 57 per cent from the US and around 28 per cent from Europe
Cohesity will invest $1 bn in India over five years, expanding engineering centres in Bengaluru and Pune as it scales AI-driven cybersecurity amid rising global and domestic threat levels
Infosys, India's second largest IT services provider, launched its AI-first GCC model last month which accelerates the set up and transformation of GCCs into AI-powered hubs for innovation and growth
TCS and SAP have agreed on a five-year collaboration to streamline enterprise IT, strengthen AI-led capabilities and accelerate innovation as clients shift savings from traditional contracts
Nitesh Banga discusses the company's growth plans and why measuring revenue per employee as an indicator of organisational efficiency is still some time away
A small percent of Snowflake's revenue comes from India now, considering Asia Pacific and Japan (APJ) contribute just six percent to the topline, while almost 80 percent comes from the US
India has ten semiconductor projects in the works, spanning fabs, outsourced semiconductor assembly and test (OSAT) units and assembly, testing, marking and packaging (ATMP) facilities
The deal, value of which is not disclosed, is Xoriant's fourth acquisition in the last three years, which include Fexle Services and MapleLabs last year and Thoucentric in 2023
