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IT services major Infosys has announced plans to set up a permanent, 20-acre campus in Visakhapatnam, signalling confidence in the region's economic and technological potential. The facility is designed to accommodate 7,000 professionals. Over the last two years, Infosys' growth in the city has scaled in the port city from 250 employees to 1,900, with an additional 750 seats set to become operational in the near-term, said an official press release on Thursday. "The company has outlined plans for a permanent 20-acre campus with a long-term seating capacity of 7,000 professionals - demonstrating strong confidence in the region's long-term potential," said the release. A defining feature of the IT services company's growth is its deep integration with the local talent ecosystem, it said. The Visakhapatnam campus has recruited over 1,000 freshers and 500 lateral hires from the region, reflecting the availability of industry-ready talent and the success of Andhra Pradesh's focused ...
Moving beyond consumer internet and fintech, the next wave of billion-dollar Indian startups must be built on deep technology and advanced manufacturing to secure the country's strategic autonomy, Infosys co-founder Kris Gopalakrishnan said on Tuesday. Speaking at the CII Unicorn Summit 2026, Gopalakrishnan, Chairman, CII Centre of Excellence for Innovation, Entrepreneurship & Startups and Chairman, Axilor Ventures, defined this next phase as "Unicorn 2.0", urging founders to focus on proprietary technology and longevity rather than just chasing high valuations. "For me, Unicorn 2.0 is about deep tech," Gopalakrishnan said. While acknowledging that the first wave of consumer internet, edtech, and D2C unicorns made India proud, he noted that the next wave will determine if India becomes a truly developed economy. "Deep tech is harder, it takes longer, the capital cycles are different... and the failure rates are higher. But the rewards-economic, strategic, and civilisational-are ...
IT major Infosys has emerged as the top company for career growth in India, followed by Accenture and Amazon, according to LinkedIn's '2026 Top Companies' list released on Tuesday. The 10th edition of the annual list, which features 25 large companies, is dominated by technology powerhouses, global consulting firms, and financial giants. JPMorgan Chase and SAP secured the fourth and fifth positions, respectively. The 2026 list witnessed ten new entrants. Notable new additions include tech firms such as SAP, NVIDIA, HP, Microsoft, Sandisk, Marvell Technology, and Thomson Reuters. Geographically, Bengaluru continues to lead as the prominent talent hub for these top companies. Hyderabad follows closely, while Delhi, Mumbai, and Chennai remain key hiring centres for large corporations. The report highlighted a shifting focus in hiring trends, noting that companies are increasingly looking for professionals who can blend technical fluency with human skills-such as communication and ...
India's top five IT majors -- TCS, Infosys, HCLTech, Wipro, and Tech Mahindra -- closed FY26 at a critical inflection point, navigating a structural reset driven by macroeconomic headwinds, West Asian geopolitical risks, and the dual-edged sword of Artificial Intelligence (AI). Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing revenue deflation in legacy services. However, this near-term compression is being offset by a multi-billion-dollar surge in new AI-native engagements, prompting a decisive shift in client priorities from sheer scale to modular, outcome-driven contracts. This paradigm shift is starkly reflected in mixed FY27 outlooks and evolving talent metrics. While TCS and Infosys signalled that the worst macro headwinds are receding, peers like HCLTech and Wipro flagged continued volatility and soft discretionary spending. "AI may cause about 2-3 per cent annual deflation in traditional IT