Avik Das
Avik Das
Page 4 - Avik Das
H-1B fee hike a wake-up call for GCCs to move up the value chain
Experts say the US visa fee hike will push firms to expand global capability centres in India, but warn GCCs must move beyond delivery roles to create greater value
 "H-1B fee hike a wake-up call for GCCs to move up the value chain")
Explained: Impact of H-1B crackdown, role of other visa categories
Indian IT companies, heavy users of H-1B and L-1 visas, face fresh scrutiny as US policy tightens, raising questions on talent mobility and onsite project costs
 "Explained: Impact of H-1B crackdown, role of other visa categories")
Nasscom says US' new H-1B visa policy to impact Indian engineers, IT cos
It said that a one-day deadline to implement the order was concerning as it creates considerable uncertainty for businesses, professionals, and students across the world
 "Nasscom says US' new H-1B visa policy to impact Indian engineers, IT cos")
India to play key role in EY's push for proprietary AI language models
EY will leverage its global delivery unit in India, home to most of its tech staff, to lead development of proprietary language models for tax, audit and accounting services
 "India to play key role in EY's push for proprietary AI language models")
BlackBuck to ditch Bengaluru's tech corridor over crumbling roads
Poor roads, traffic snarls and metro delays fuel frustration among tech firms and citizens
 "BlackBuck to ditch Bengaluru's tech corridor over crumbling roads")
ER&D sector could nearly double to $100 billion in 5 years: Nasscom
Kishor Patil of Nasscom's ER&D Council said India's engineering R&D sector could grow from $56 bn to $100 bn in five years, led by auto, aerospace, semiconductors and GenAI adoption
 "ER&D sector could nearly double to $100 billion in 5 years: Nasscom")
Push for more AI funds: Industry wants IndiaAI Mission outlay doubled
MeiTY, according to a senior govt official, has received no such proposal and it is not considering any such move
 "Push for more AI funds: Industry wants IndiaAI Mission outlay doubled")
Reinventing rules of business key to Indian IT companies' valuation
Experts say Indian IT services must boost R&D, acquisitions, and AI-led innovation to avoid being seen as legacy providers
 "Reinventing rules of business key to Indian IT companies' valuation")
ES-Tec acquisition likely to help expand Tata Technologies' presence
Acquisition strengthens Tata Tech's presence in Europe, boosting ADAS, e-mobility, and engineering services for global automakers
 "ES-Tec acquisition likely to help expand Tata Technologies' presence")
Infosys announces Rs 18,000 crore buyback, its largest in 10 years
Infosys announced a Rs 18,000 crore buyback at a 19.3 per cent premium, its largest in 10 years, as IT stocks remain under pressure from weak macro trends and tariff risks
 "Infosys announces Rs 18,000 crore buyback, its largest in 10 years")
Cognizant CEO Ravi Kumar says firm back in top four IT services firms
Ravi Kumar said Cognizant has rejoined the top four IT services firms globally ahead of his 2027 target, supported by steady growth, large deals, and margin expansion
 "Cognizant CEO Ravi Kumar says firm back in top four IT services firms")
US' proposed HIRE law puts Indian IT firms, GCCs in a fix: Experts
This could not have come at a worse time because the IT companies are already under pressure for low single-digit growth for two consecutive years due to weak macroeconomic environment
 "US' proposed HIRE law puts Indian IT firms, GCCs in a fix: Experts")
Bengaluru hosts half of India's mid-market GCCs, says Zinnov-KDEM report
Such smaller GCCs now make up about 27% of the country's total GCC ecosystem
 "Bengaluru hosts half of India's mid-market GCCs, says Zinnov-KDEM report")
Yotta Infrastructure may invest $1.5 billion for more Nvidia GPUs
Hiranandani-backed Yotta to double GPU capacity, fueling sovereign AI model development in India
 "Yotta Infrastructure may invest $1.5 billion for more Nvidia GPUs")
Trump supporters' bid to block IT outsourcing puts jobs, growth at risk
Trump's possible move to block US companies from outsourcing IT work to India threatens a $282 bn industry, risking jobs, exports, and tech delivery models
 "Trump supporters' bid to block IT outsourcing puts jobs, growth at risk")
UST sells subsidiary HealthProof for more than $1 bn to Bain Capital
UST will sell healthcare unit HealthProof to Bain Capital for over $1 bn and use proceeds to expand AI, cloud transformation, and data modernisation platforms
 "UST sells subsidiary HealthProof for more than $1 bn to Bain Capital")
High single-digit growth to still elude IT firms for some time: Cognizant
Cognizant's Surya Gummadi predicts IT services growth will return once enterprises deploy AI across technology stacks, though macro dynamics may delay this for some time
 "High single-digit growth to still elude IT firms for some time: Cognizant")
TCS announces 4.5-7% salary hikes, double-digit for top performers
TCS has resumed salary hikes with 4.5-7% raises for most staff and double-digit increments for top performers after delaying its annual review amid macroeconomic challenges
 "TCS announces 4.5-7% salary hikes, double-digit for top performers")
Not in a hurry to get GenAI agent to India: Walmart's Vinod Bidarkoppa
Walmart Global Tech in India has centres in Bengaluru, Chennai and Gurugram. Walmart earlier this year had also signed a deal to lease an area of 465,000 sq.ft in Chennai for five years
 "Not in a hurry to get GenAI agent to India: Walmart's Vinod Bidarkoppa")
Big Tech firms add 30,000 employees in India in past 12 months: Xpheno
Meta, Alphabet, Apple, Amazon, Microsoft and Netflix added over 30,000 jobs in India in the last 12 months, expanding headcount by 17% amid global restructuring
 "Big Tech firms add 30,000 employees in India in past 12 months: Xpheno")
