IT Industry

One major point of discussion, a source said, was the liability framework for companies developing frontier AI models and tools, and whether safe harbour protection should be extended to them

LTIMindtree posted a strong Q1FY27 performance, with improving margins, healthy deal wins and management guiding for stronger growth than FY26 despite macroeconomic uncertainties

The government is working with IT industry body Nasscom for developing an artificial intelligence curriculum for undergraduate programmes, a senior executive said on Thursday. The National Association of Software and Services Companies (Nasscom) is a leading IT industry body. "The government is working with Nasscom to review and change the AI curriculum for all undergraduate (programmes)," the industry grouping's President Rajesh Nambiar told PTI. With the increasing use of AI in various areas, there is also a need to provide reskilling and upskilling opportunities for graduates. Nambiar said it would take around six months to finalise the curriculum for the undergraduate programmes as various bodies, including the All India Council for Technical Education (AICTE) and the University Grants Commission (UGC), need to go through it. Nambiar spoke on the sidelines of a briefing in the city by IBS Group, where it announced the launch of a vertical AI company, Naviq Technology. "AI is

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

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

Tech firms shift focus from labour arbitrage to outcomes as AI does most of the work

Subsidised GPUs are helping lower AI compute costs in India, but industry experts say closing the capability gap will require much more than hardware access

From AI access and workforce disruption to economic reform and market opportunities, this edition explores how nations and industries navigate narrowing gateways

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

IT firm reports strong quarterly growth driven by AI-led demand, with revenue up 25 per cent and continued momentum in deal bookings and client engagements

Nasscom says the TCS harassment case is isolated and not reflective of the IT industry, reiterating strict safety norms, governance frameworks, and zero tolerance for misconduct

Krithivasan discusses growth prospects for FY27, the perceived threat from artificial intelligence tools, and hiring trends

IT services firms are pushing managers to deploy AI tools in client work to boost productivity, improve efficiency and drive revenue growth amid a prolonged demand slowdown

Karnataka High Court seeks Centre's response on X Corp challenge to the Sahyog portal, while the Supreme Court agrees to examine the Fact Check Unit provisions under IT Rules

Happiest Minds raises FY27 revenue growth guidance to 12.5 per cent from 10 per cent, citing strong momentum from its AI-First strategy and growing demand across key sectors

Nasscom has urged tech firms to strengthen cybersecurity frameworks as West Asia conflict heightens risks, advising measures ranging from credential resets to DDoS readiness and supply-chain audits

Industry leaders say Indian IT firms must evolve from implementation partners to orchestration partners in the AI era, even as AI-driven revenue is projected at $10-12 billion in FY26

C Vijayakumar says the $283 billion IT industry faces a difficult AI-led shift, but frontier model firms and services players will drive long-term value creation

Indian tech industry revenues for FY26 are set to grow 6.1 per cent to USD 315 billion, Nasscom said on Tuesday. The industry lobby grouping revised up its FY25 revenues number to USD 297 billion from USD 282.6 billion earlier. The revenue growth in FY26 increased marginally to 6.1 per cent in FY26 from 5.9 per cent in FY25 despite the headwinds, it said. Its President Rajesh Nambiar said the industry continues to be a net job generator, and the overall number of employees is set to increase 2.3 per cent to 5.95 million in FY26 from 5.82 million in the year-ago period. Nambiar said the overall number of employees added by the tech industry in FY26 is 1.35 lakh, which is marginally better than the 1.33 lakh added in FY25. Amid the intense focus on AI, Nasscom said USD 10-12 billion of overall revenues for the sector come from the new-age tech solutions.

With growth for the IT services industry in single digits and impact of AI tools like Co-work by Anthropic, many are raising existential questions for the industry