Avik Das
Avik Das
Avik Das
HCLTech Q3 results: Profit falls 11% to ₹4,076 cr on labour code impact
Q3 top line beats Street estimates, bottom line misses expectations
 "HCLTech Q3 results: Profit falls 11% to ₹4,076 cr on labour code impact")
Smaller GCCs losing plot through sponsorship change, AI strategy
As AI reshapes enterprises, many Indian GCCs risk being stuck as cost centres - forcing companies to rethink strategy, leadership and real decision power
 "Smaller GCCs losing plot through sponsorship change, AI strategy")
IT companies double down on work from office rules amid AI disruption
Experts say a slow growth environment and shorter project life cycles in the age of artificial intelligence (AI) have made these firms double down on office presence and being closer to their clients
 "IT companies double down on work from office rules amid AI disruption")
Indian IT companies in LatAm remain unaffected by Venezuela turmoil
Some of these companies, such as Infosys and Wipro, do not even operate there. While Infosys does not have a presence, Wipro's Venezuelan unit was liquidated many years ago
 "Indian IT companies in LatAm remain unaffected by Venezuela turmoil")
Q3FY26 results preview: IT companies' growth likely to remain muted
Management commentary on AI-led demand to be watched closely
 "Q3FY26 results preview: IT companies' growth likely to remain muted")
AI in 2026: What it can do and where it will realistically deliver value
The question is no longer what AI can do, but where will it realistically deliver value
 "AI in 2026: What it can do and where it will realistically deliver value")
India's tech job openings fall 24% in January, hit six-year low: Xpheno
Active technology job demand stood at 103,000 in January, the second-lowest in six years, as the sector continued to struggle with weak recovery and subdued hiring
 "India's tech job openings fall 24% in January, hit six-year low: Xpheno")
In an AI world, BPM industry embraces AI to rethink the BPO future
Explaining the rationale behind the acquisition, Capgemini chief executive officer Aiman Ezzat said the BPM industry remains one of the fastest-growing segments
 "In an AI world, BPM industry embraces AI to rethink the BPO future")
2025: Artificial intelligence's breakout year, minus the breakthrough
Despite robust investment and experimentation, enterprises are still searching for scalable AI-driven value; 2026 could change that
 "2025: Artificial intelligence's breakout year, minus the breakthrough")
IT outsourcing may pivot to smaller AI-led deals as mega contracts reset
AI and generative AI (GenAI) are expected to play crucial roles in deal renewals going forward, as clients look to build more efficiencies into their operations and reduce costs
 "IT outsourcing may pivot to smaller AI-led deals as mega contracts reset")
CoreEL gets $30 million Series B to support aerospace defence projects
Bengaluru-based aerospace and defence technology firm CoreEL Technologies has raised $30 million in Series B funding to scale manufacturing in large defence programmes in India and overseas
 "CoreEL gets $30 million Series B to support aerospace defence projects")
American banking giant JP Morgan to set up Asia's largest GCC in India
US banker's move puts the country on top of the global GCC map
 "American banking giant JP Morgan to set up Asia's largest GCC in India")
Business that's hiring as AI race hots up: GCCs outpace IT giants
GCCs outpace traditional IT giants in taking in talent as they pivot from basic operations to strategic AI, marking a decisive shift from maintenance to modernisation
 "Business that's hiring as AI race hots up: GCCs outpace IT giants")
The bubble lies in larger LLMs, says Cognizant AI chief Babak Hodjat
Even if the LLM funding bubble bursts, enterprise AI adoption-driven by agentic systems and real use cases-will remain intact, says Cognizant's chief AI officer
 "The bubble lies in larger LLMs, says Cognizant AI chief Babak Hodjat")
HCLTech buys telco solutions business from HPE for nearly $160 million
The deal will also help HCLTech to beef up its engineering and AI-led network propositions to global communication service providers
 "HCLTech buys telco solutions business from HPE for nearly $160 million")
TCS annualised AI revenue at $1.5 billion, says CEO K Krithivasan
TCS has disclosed for the first time that its annualised AI revenue is about $1.5 billion, as investors seek clarity on returns from large AI investments across IT services firms
 "TCS annualised AI revenue at $1.5 billion, says CEO K Krithivasan")
India well placed to lead high performance computing, says AMD executive
India's supercomputing mission is advancing steadily with govt backing and public-private partnerships, positioning the country to move ahead in high-performance computing, says AMD's Thomas Zacharia
 "India well placed to lead high performance computing, says AMD executive")
Space tech company Digantara raises $50 million in Series B funding
Space tech firm Digantara raises $50 million in Series B to expand globally, scale manufacturing and build full-stack space surveillance and intelligence capabilities
 "Space tech company Digantara raises $50 million in Series B funding")
Developers need new skills for AI software systems: Microsoft's Nadella
TCS, Infosys, Wipro, and Cognizant to deploy over 50,000 Copilot licenses, collectively surpassing 200,000
 "Developers need new skills for AI software systems: Microsoft's Nadella")
$70 bn and rising: Amazon's $35 billion bet lifts India's AI tide
Amazon's mega 5-yr plan tops announcements made by Microsoft, Google
 "$70 bn and rising: Amazon's $35 billion bet lifts India's AI tide")