Fractal co-founder Srikanth Velamakanni said the company expects to benefit as OpenAI and Anthropic accelerate efforts to embed AI tools across enterprise workflows
Companies still weighing work from home appeal
Nasscom president Rajesh Nambiar warned that a prolonged West Asia crisis could delay global firms' GCC investment decisions in India
OpenAI and Anthropic's PE-backed AI services push could challenge traditional IT firms as model companies move closer to enterprise workflows and execution layers
Global regulators and Indian banks race to strengthen cybersecurity as Anthropic's Claude Mythos raises fears of AI-powered systemic financial attacks
FIS says GCCs must evolve beyond support roles by building future-ready talent, expanding global leadership and scaling trusted AI adoption
Ravi Pandit co-founded KPIT Technologies with Kishor Patil in the 1990s and helped build the firm into a global automotive software and mobility solutions company
Hexaware Technologies reported a 7.5 per cent rise in first-quarter net profit and maintained its annual growth guidance amid strong AI-led deal momentum
India's GCC ecosystem crossed 2,000 centres and generated nearly $100 billion in revenue in FY26, driven by AI adoption, higher-value work and skilled talent
Economic uncertainty, slower growth and pressure on margins are prompting IT services firms to delay salary hikes and offer lower increments, impacting employee morale across the sector
Apple bets big on India's rising middle class as strong iPhone sales and exports make the country a key growth and manufacturing hub
Cognizant may cut up to 15,000 jobs as it pivots to an AI-led model, reflecting deeper shifts in IT services economics and weakening demand
Infosys sees strong traction in AI services as enterprises adopt AI gradually, with large deals, resilient pricing, and sectoral growth driving optimism
Cognizant plans layoffs and restructuring under Project Leap, focusing on AI-led transformation, productivity gains, and cost savings amid a challenging macro environment
LTTS, an engineering research and development (ER&D) company, reported an 8.3 per cent rise in revenue in the fourth quarter but its dollar revenue growth was flat at 0.3 per cent
The firm posted a 20.9 per cent year-on-year (Y-o-Y) increase in net profit to ₹8,501 crore for Q4, while revenue rose 13.4 per cent to ₹46,402 crore
Top IT firms see net hiring decline in FY26 as AI-led shifts, weak demand, and global uncertainties slow recruitment and dampen fresher hiring outlook
Tech budgets set for modest growth as macro pressures persist, with firms prioritising AI, data readiness, and high-impact digital investments
Anthropic bets on responsible AI and trust-led development to scale in India, as demand for safer, reliable large language models grows across enterprises
Nutanix Chief AI Officer Debojyoti Dutta says enterprises are struggling to deploy AI at scale due to a shortage of skilled professionals, even as adoption shifts from pilots to production