Avik Das

Avik Das

Explained: How Anthropic's Claude plug-ins rattled Indian IT stocks

New plug-ins let Claude automate legal, sales and analytics tasks, raising fears of AI-led disruption to traditional software and IT services

Updated On: 05 Feb 2026 | 10:10 PM IST

Cognizant gives 100% bonus to employees for 2025 after strong results

Cognizant awards a 100% bonus after beating growth estimates, with CEO Ravi Kumar saying the company has reached its "winner's circle" ahead of schedule

Updated On: 05 Feb 2026 | 4:32 PM IST

Hexaware Q4 net profit halves to ₹100 crore on New Labour Code provisions

Hexaware's December-quarter net profit fell 49 per cent year-on-year to Rs 100 crore due to provisions for the New Labour Code, even as revenue rose over 10 per cent

Updated On: 05 Feb 2026 | 2:40 PM IST

Cognizant Q4 net profit rises 19%, to hire more freshers this year

US-listed IT major beats growth guidance for 2025 on strong deal wins, margin expansion and rising financial services demand

Updated On: 04 Feb 2026 | 10:50 PM IST

Anthropic's upgraded AI tool may intensify competition in tech world

Anthropic's update to its agentic AI tool Claude Cowork is fuelling concerns over disruption in software and IT services, as AI agents begin to replace legacy workflows

Updated On: 04 Feb 2026 | 10:40 PM IST

Why Budget tax sops to attract foreign investment upset Indian data centres

The new Budget provides for tax sops to attract more foreign investments in India's data centres. So why are some Indian players upset?

Updated On: 04 Feb 2026 | 12:30 AM IST

India-US trade deal brings glimmer of hope for beleaguered IT services cos

India-US trade deal eases fears of tariff spillover into IT services, offering relief to Indian tech firms amid weak global demand and delayed client spending

Updated On: 03 Feb 2026 | 11:33 PM IST

Budget 2026: Tax holiday for foreign Cloud cos using data centres in India

Budget 2026 proposes tax holiday till 2047 for foreign cloud firms using Indian data centres, aiming to position India as a global AI and hyperscale data hub

Updated On: 01 Feb 2026 | 11:43 PM IST

Eco Survey: AI strategy must be grounded in economic realities, not scale

Chasing scale, building large LLMs for own sake not useful for India

Updated On: 30 Jan 2026 | 12:32 AM IST

KPIT Q3FY26 results: Net profit plunges 29% to ₹133 cr, revenue up 9.5%

KPIT's Q3FY26 profit fell sharply due to labour code provisions, even as revenue rose on Europe recovery and growth in connected and autonomous vehicle services

Updated On: 29 Jan 2026 | 9:10 PM IST

Economic Survey 2026 flags digital addiction as key challenge for India

Meta, which owns Facebook, WhatsApp and Instagram, regularly counts India among its largest user bases, along with Alphabet's YouTube

Updated On: 29 Jan 2026 | 7:27 PM IST

Persistent Systems eyes expansion in Europe, to cut reliance on US market

Persistent Systems plans to scale up its Europe business to diversify revenues away from the US, as macroeconomic uncertainty, muted IT spending and sector-wide volatility continue to challenge growth

Updated On: 29 Jan 2026 | 11:27 AM IST

Voice AI is India's next UPI moment: Infosys chairman Nandan Nilekani

Voice AI is the most practical path to digital inclusion in India, enabling access across languages, literacy levels and sectors, says Nandan Nilekani

Updated On: 28 Jan 2026 | 11:28 PM IST

Data privacy, security gain importance as AI adoption accelerates

As artificial intelligence becomes widespread and India implements the DPDP Act, enterprises are being forced to rethink data privacy, governance, and cybersecurity strategies

Updated On: 28 Jan 2026 | 7:02 PM IST

With GenAI, billing models more outcome-based: TP India head Maneesh Daga

Teleperformance India says AI is driving a shift from low-end bpo work to outcome-based, higher-value services, reshaping billing models, productivity and hiring strategies

Updated On: 26 Jan 2026 | 10:25 PM IST

Learnability as a skill more critical than ever: Mphasis CEO Nitin Rakesh

As AI reshapes IT hiring, Mphasis has dropped campus recruitment, betting on internships, hackathons and learnability over credentials in the age of GenAI

Updated On: 25 Jan 2026 | 7:59 PM IST

Mphasis Q3 FY26 results: Net profit increases 3.5% to ₹442 crore

Mphasis posts 3.5% rise in Q3 net profit to Rs 442 crore, revenue grows 12.3% led by BFSI and insurance, AI platform driving deal pipeline

Updated On: 22 Jan 2026 | 8:26 PM IST

AI deals keeping pipeline steady, says LTIMindtree CEO Venu Lambu

LTIMindtree sees strong growth visibility as a robust pipeline of renewals and AI-native deals spills into next fiscal, even amid an unchanged macro environment

Updated On: 20 Jan 2026 | 11:35 PM IST

IT union flags delay in 250 engineering grads' onboarding by Wipro

NITES said that the global IT firm Wipro issued letter of intent to graduates in May last year, confirming their selection, detailing the role, compensation structure and onboarding process

Updated On: 19 Jan 2026 | 10:19 PM IST

IT firms meander through deal-pricing complexity in era of AI agents

As AI agents begin working alongside humans, IT services firms are rethinking time-and-material contracts, experimenting with outcome-based and hybrid pricing models

Updated On: 18 Jan 2026 | 11:07 PM IST