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Avik Das

Avik Das

Avik Das

Sarvam open to govt owning stake in frontier model firms: Co-founder

Sarvam plans to launch a trillion-parameter AI model within six months and says it is open to government ownership as India advances its sovereign AI ambitions

Sarvam open to govt owning stake in frontier model firms: Co-founder
Updated On : 30 Jul 2026 | 11:51 PM IST

Sarvam ropes in Mistral founding team member Devendra Chaplot as adviser

Sovereign AI startup appoints former Mistral and xAI executive as adviser as it expands globally and builds a one trillion-parameter foundation model

Sarvam ropes in Mistral founding team member Devendra Chaplot as adviser
Updated On : 30 Jul 2026 | 8:21 PM IST

Cognizant Q2 profit dips 1.4%; lowers upper end of annual growth guidance

Revenue rises 4.5% as IT major outpaces most Indian peers, but trims FY27 guidance amid macro uncertainty and weak discretionary spending

Cognizant Q2 profit dips 1.4%; lowers upper end of annual growth guidance
Updated On : 29 Jul 2026 | 10:39 PM IST

Cybersecurity GCCs nearly double in India as global threats intensify

The number of cybersecurity GCCs in India has risen to 59 from about 30 in six years as global firms tap local talent for engineering, threat intelligence and security operations

Cybersecurity GCCs nearly double in India as global threats intensify
Updated On : 29 Jul 2026 | 7:56 PM IST

Happiest Minds confident of maintaining guidance this fiscal: CEO

Happiest Minds reaffirmed its 12.5% growth guidance, betting on AI demand, strong deal wins and regional expansion despite global economic and geopolitical uncertainty

Happiest Minds confident of maintaining guidance this fiscal: CEO
Updated On : 28 Jul 2026 | 11:22 PM IST

Mphasis says clients more 'amenable' to outcome pricing amid AI-led deals

The IT services firm says AI-led transformation is driving greater client interest in outcome-based pricing, though such contracts still account for a small share of revenue

Mphasis says clients more 'amenable' to outcome pricing amid AI-led deals
Updated On : 26 Jul 2026 | 11:29 PM IST

We realised after 1991 that we have to innovate, not wait in Delhi: Murthy

As long as we have corporate leaders who understand the power of AI and ensure that their employees are well trained, I do not see any problem, says Infosys cofounder N R Narayana Murthy

We realised after 1991 that we have to innovate, not wait in Delhi: Murthy
Updated On : 24 Jul 2026 | 11:22 PM IST

IT firms Q1 growth not enough to offset AI's impact on traditional biz

Top IT firms reported muted growth as macroeconomic uncertainty, weak discretionary spending and AI-led disruption continued to weigh on traditional revenue streams

IT firms Q1 growth not enough to offset AI's impact on traditional biz
Updated On : 24 Jul 2026 | 11:06 PM IST

Ashiss Dash to be Infosys CEO; to take over from Salil Parekh in April 2027

The Infosys veteran will take over as chief executive officer and managing director from April 1, 2027, after Salil Parekh completes his second term at the IT major

Ashiss Dash to be Infosys CEO; to take over from Salil Parekh in April 2027
Updated On : 23 Jul 2026 | 11:44 PM IST
Infosys Q1 results: Net profit rises 12.2% to ₹7,769 cr, revenue up 14%
Updated On : 23 Jul 2026 | 11:39 PM IST

'Unprecedented': OpenAI agent goes rogue, redraws cybersecurity risks

The incident has reignited concerns over autonomous AI agents, enterprise security and whether existing cyber defences can withstand machine-speed attacks

'Unprecedented': OpenAI agent goes rogue, redraws cybersecurity risks
Updated On : 22 Jul 2026 | 11:34 PM IST

Advanced skills dictate IT firms' campus hiring as AI reshapes demand

IT services firms are cutting back on mass recruitment from engineering colleges and are instead, stepping up hiring of fresh graduates with spe­cialised skills in AI as well as cybersecurity

Advanced skills dictate IT firms' campus hiring as AI reshapes demand
Updated On : 22 Jul 2026 | 11:24 PM IST

Cognizant bags multi-million-dollar deal from US health insurer Centene

Cognizant secures a $500 million deal from US health insurer Centene to deploy its TriZetto platform, strengthening its healthcare IT business amid weak demand

Cognizant bags multi-million-dollar deal from US health insurer Centene
Updated On : 21 Jul 2026 | 10:28 PM IST

HCLTech CEO & MD C Vijayakumar's salary jumps 67% to $18.1 million

The latest package kept him as the highest-earning CEO among Indian IT services companies

HCLTech CEO & MD C Vijayakumar's salary jumps 67% to $18.1 million
Updated On : 21 Jul 2026 | 12:04 AM IST

Data centres to drive exponential increase in server demand: Lenovo

Lenovo India expects rising data centre investments and AI infrastructure demand to double or triple the country's enterprise server market over the next few years

Data centres to drive exponential increase in server demand: Lenovo
Updated On : 19 Jul 2026 | 11:34 PM IST

Controlling AI agents is an emerging business: IBM Software India GM

IBM says enterprise AI success hinges on governing autonomous agents with strong security, identity management, cost controls and auditability across hybrid environments

Controlling AI agents is an emerging business: IBM Software India GM
Updated On : 19 Jul 2026 | 11:12 PM IST

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

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

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

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

LTTS Q1 profit rises 17.4% as mobility, sustainability biz drive growth
Updated On : 14 Jul 2026 | 10:45 PM IST