Avik Das

Results preview: IT companies expected to report sombre Q2 numbers

Persistent macroeconomic uncertainty, geopolitical volatility, artificial intelligence (AI)-led pricing and productivity pressures continue to weigh on demand

Accenture beats Q4 revenue guidance, projects 3-6% growth for FY27

Fourth-quarter revenue rose 6 per cent to $18.7 billion, beating guidance, while Accenture projected 3-6 per cent growth for FY27, offering some comfort to Indian IT firms

AI has improved basket size by 35%, says Walmart CTO Suresh Kumar

Suresh Kumar, global chief technology officer of Walmart, says artificial intelligence (AI) has helped the world's largest retailer improve its customer engagements online and also developer productiv

Coming up independently, nano GCCs make their mark in global industry

The number of nano global capability centres (GCCs) setting up operations in India independently, without assistance from service providers, has gone up consistently over the last few years

Coforge appoints Akhil Gupta as independent chairperson for five years

Gupta, former vice chairman of Bharti Enterprises, will serve for five years from September 29 as non-executive independent director and chairperson

Physical AI firm SiMa.ai raises $150 mn in Series C, valued at $1.45 bn

The funding takes SiMa.ai's total capital raised to $500 million and will help accelerate the scaling of Palette Neat and development of next-generation hardware

Country needs to build its own digital security platforms: Sunil Gupta

Sunil Gupta, cofounder of QNu Labs, talks about why digital security is a sovereign need

Next large investment should be in AI infrastructure, says Sitharaman

Sitharaman said India needs more investment in AI infrastructure and training to help businesses improve productivity

Indian GCCs turn to AI upskilling, reskilling in bid to be 'future-proof'

As the AI wave builds up, GCCs would need to mould their workforce, with many bottom-level jobs being automated

Talks on AI now centred on returns on investment, says Google executive

Companies are increasingly seeking measurable returns from AI investments as the focus shifts from experimentation and scaling to value, security and agentic transformation

$1 bn size puts ITC Infotech on accelerated growth path: Sanjiv Puri

ITC Chairman & MD Sanjiv Puri and ITC Infotech MD and CEO Manas Chakraborty talks about the rationale and synergies behind the acquisition of Happiest Minds

Karnataka HC upholds ED seizure of Genpact head office in ₹7,800 cr case

Court allows Genpact to continue operations from its Gurugram office despite the seizure, while directing a fresh decision on its NOC request for a proposed $100 million GIFT City investment

Biggest opportunity lies in operationalising AI across firms: Coforge CEO

Coforge CEO Sudhir Singh says IT services firms can bridge the gap between AI adoption and operationalisation as the technology puts pressure on traditional businesses.

Coforge chairman's exit: O P Bhatt's extension hit shareholder wall

Questions remains on why Bhatt, who was also an independent director at Tata Consultancy Services, fell out of favour with the board

Experts doubtful if AI race can be slowed down

Experts say all the concerns of doomsday can only be addressed if the frontier model companies stay invested in what they say

Businesses put up guard rails in deploying AI, prioritise governance

Fear of rogue agents is prompting firms to limit autonomy and prioritise governance

AI-led pricing pressure could drive new wave of mid-tier IT mergers

Happiest Minds-ITC Infotech, Persistent-Nagarro and Coforge-Encora deals point to a consolidation cycle as AI changes delivery economics and clients increasingly favour fewer, larger technology partne

Chairman OP Bhatt hid audit findings from board members, says Coforge

The IT services firm said reports were available only to OP Bhatt and NRC chair DK Singh, while the chairman's lowest rating was not disclosed or discussed with the full board

OP Bhatt quits as Coforge chair after internal audit flags disclosure gaps

The resignation followed concerns identified in an internal audit review over the handling and disclosure of information relating to the board evaluation report

US Labor Department suspends Cognizant's PERM filings amid investigation

Suspension prevents Cognizant from moving ahead with new PERM filings until an investigation into alleged fraud involving its visa programmes is completed