Avik Das

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

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

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

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

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

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

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

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

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

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

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

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

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

Persistent to buy German digital engg firm Nagarro, expand Europe presence

The all-cash acquisition, backed by Nagarro's largest shareholder, will expand Persistent's European presence and is expected to take combined annual revenue to about $2.9 billion

Tech services to remain relevant in AI era: Nasscom US CEO Forum

Nasscom says AI will transform-not replace-Indian IT services, with enterprise AI adoption expected to create a $300-400 billion global opportunity by 2030

Pegasystems opens new Bengaluru office with ₹60-crore investment

The enterprise AI software company says the new Bengaluru office will strengthen engineering, innovation and client engagement as part of its India expansion strategy

EXLService Holdings to acquire AI training firm iMerit for $310 million

The acquisition will strengthen EXL's AI capabilities, expand its presence in high-growth sectors and deepen partnerships with foundation model developers

EMA Partners India acquires RPO firm Taggd in ₹113 crore all-cash deal

The acquisition brings together executive search and recruitment process outsourcing capabilities, creating an integrated talent recruitment platform with global reach

Future cyberattacks will be autonomously run by AI: Palo Alto's Oswal

Palo Alto Networks warns that AI agents are creating new cyber risks, making governance, real-time controls and AI-driven security critical for enterprises

AI won't replace companies like Infosys: Chairman Nandan Nilekani

Nandan Nilekani says Infosys' role in the AI era is helping enterprises bridge the gap between AI investments and real business outcomes