Avik Das

Avik Das

GCCs struggle to go beyond cost arbitrage in AI era, shows data

India's GCC sector faces a structural reset as AI and automation expose centres focused on routine work, forcing companies to shift towards innovation and strategic ownership

Updated On: 17 Jul 2026 | 11:17 PM IST

Wipro Q1 net profit nearly flat at ₹3,325 crore; revenue rises 10.6%

The IT services major reported marginal profit growth in Q1 FY27, while issuing cautious revenue guidance amid an uncertain demand environment and weak deal ramp-up

Updated On: 16 Jul 2026 | 11:11 PM IST

IT firms better placed to help clients leverage AI benefits: Wipro chairman

Wipro Chairman Rishad Premji said IT services firms can use their deep understanding of clients' processes and systems to unlock efficiency, innovation and AI-led growth

Updated On: 15 Jul 2026 | 11:45 PM IST

LTTS Q1 profit rises 17.4% as mobility, sustainability biz drive growth

L&T Technology Services reported a 17.4 per cent rise in Q1 profit and 11.5 per cent revenue growth, supported by mobility and sustainability businesses despite subdued constant-currency growth

Updated On: 14 Jul 2026 | 10:45 PM IST

90% of engineering graduates AI-native or AI-proficient: Nasscom study

Nasscom's AI-native index finds nine in 10 engineering graduates are AI-native or AI-proficient, but identifies gaps in orchestration and technical grounding

Updated On: 14 Jul 2026 | 7:03 PM IST

HCLTech Q1 profit up 20% at ₹4.6K cr, revenue rises 13.9% to ₹34,579 cr

Firm to invest ₹3,500 cr to enter AI data centre biz

Updated On: 13 Jul 2026 | 10:56 PM IST

IT companies risk losing ground to AI-native firms: S&P Global Ratings

S&P Global Ratings says Indian IT services companies must invest in AI, protect recurring business and deepen GCC partnerships to counter rising competition from AI-native firms

Updated On: 13 Jul 2026 | 8:09 PM IST

LTM Q1FY27 net profit up 17% at ₹1,468 cr, revenue jumps 18% to ₹11,608 cr

LTM said its Q1 performance reflected progress in executing its AI-centric strategy, with AI revenue at about $150 million on a quarterly run-rate basis

Updated On: 12 Jul 2026 | 11:42 PM IST

Cognizant to scale up frontier engineers, biz operators for AI adoption

The IT services firm plans to scale its frontier-certified engineers to 5,000 and frontier business operators to 10,000 as enterprise AI adoption gathers pace

Updated On: 09 Jul 2026 | 8:28 PM IST

UST ties up with Anthropic to deploy Claude for clients across sectors

UST will embed Anthropic's Claude into enterprise workflows for clients and train 20,000 employees to accelerate AI adoption across healthcare, telecom and banking

Updated On: 08 Jul 2026 | 5:19 PM IST

DXC Technology's new centre puts India at the heart of its AI push

DXC Technology's new Bengaluru customer experience centre will anchor its AI-led consulting and engineering strategy, with India playing a central role in innovation and delivery

Updated On: 07 Jul 2026 | 10:57 PM IST

Workflow sync crucial to get maximum AI returns: Automation Anywhere

Automation Anywhere says enterprises must move beyond siloed AI deployments and orchestrate workflows across functions to improve returns on investment and business outcomes

Updated On: 05 Jul 2026 | 11:28 PM IST

No AMD product goes out without India's stamp on it: Jaya Jagadish

AMD India, with a workforce of about 10,000, accounts for around 26 per cent of the company's global workforce, she said

Updated On: 05 Jul 2026 | 9:39 PM IST

HCLTech wins $1.14 billion deal from Fortune Global 50 European client

The five-year deal with a European Fortune Global 50 company will help HCLTech transform and manage the client's global digital workplace and enterprise networks

Updated On: 03 Jul 2026 | 10:22 PM IST

Mukesh Ambani among three Indians on AI for Good Global Commission

Mukesh Ambani, Lakshmi Mittal and Sunil Mittal are among the founding members of the AI for Good Global Commission, which aims to advance responsible and inclusive AI globally

Updated On: 03 Jul 2026 | 9:23 PM IST

AI, uncertain macros, volatile geopolitics may cloud IT earnings

Analysts expect another subdued quarter for IT services companies as macroeconomic uncertainty, delayed deal conversions and AI-led pricing pressures weigh on growth and margins

Updated On: 02 Jul 2026 | 7:30 AM IST

India is our third largest market in Asia, says Autodesk country head

Company is targeting the creator economy in smaller cities, while integrating AI into its products, says Kamolika Gupta Peres

Updated On: 01 Jul 2026 | 6:14 PM IST

Nagarro can reach our growth rate in 6-12 qtrs: Persistent CEO Kalra

Persistent CEO Sandeep Kalra says Nagarro can match the company's growth rate within 6-12 quarters as integration, cross-selling and capability expansion gather pace

Updated On: 30 Jun 2026 | 11:02 PM IST

Exl sees iMerit as gateway to foundation model training: Rohit Kapoor

EXL says its $310-million iMerit acquisition will strengthen foundation model training capabilities as enterprises increasingly adopt AI-driven business operations

Updated On: 29 Jun 2026 | 11:16 PM IST

Persistent upbeat about its biggest M&A bet with €1 billion Nagarro deal

The IT services firm says its €1 billion Nagarro acquisition will strengthen its Europe business, with management confident on integration despite investor concerns

Updated On: 29 Jun 2026 | 11:03 PM IST