Page 4 - Avik Das

L&T to set up India's largest Nvidia B300 AI factory for Together AI

L&T's Vyoma.AI will set up a 10,000-GPU Nvidia B300 AI factory at its Chennai data centre campus for US-based AI firm Together AI

35 years of liberalisation: How IT sector became India's dollar engine

India's IT industry was built not just on Y2K, but on the 1991 reforms that opened capital, technology, telecom and global markets, creating a powerful engine of exports and foreign exchange

TCS flags alleged employee data exposure, says customer systems unaffected

TCS said the information referenced appeared to be more than four years old and limited to basic employee information, with no indication that customer data was impacted

Coding agents won't replace software engineers: Datadog Cofounder

Datadog CTO Alexis Le Quoc says coding agents can dramatically accelerate software development, but humans remain essential to manage complexity, security and team-level work

Improving hardware capabilities must for deeptech ecosystem: Nasscom

Nasscom says India must build stronger hardware capabilities and deepen industry-academia collaboration as AI reshapes software development and the deep-tech ecosystem

Visa's AI push claims 1,400 jobs in sweeping India workforce cuts

Nearly 40% of Bengaluru tech centre's workforce laid off in first major retrenchment since 2015

Tax Bill proposes easier norms for data centres, incentives for electronics

Proposed amendments seek to simplify tax rules for data centres, improve ease of doing business and provide long-term certainty for electronics manufacturers and cloud firms

Persistent Systems upbeat on banking, insurance to drive growth: CEO

Strong deal wins across the US and Europe are expected to offset weakness in parts of the healthcare business, while the Nagarro acquisition will strengthen its Europe presence.

Target bets on AI to drive enterprise strategy and retail operations

The retailer, with a market capitalization of more than $100 billion, is known for its style, design and curated merchandise and has about 5,500 employees in India now

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 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

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

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

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

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

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

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

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

Infosys Q1 results: Net profit rises 12.2% to ₹7,769 cr, revenue up 14%

Infy trims FY27 revenue guidance

'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