Page 5 - Avik Das

Anthropic's upgraded AI tool may intensify competition in tech world

Anthropic's update to its agentic AI tool Claude Cowork is fuelling concerns over disruption in software and IT services, as AI agents begin to replace legacy workflows

Why Budget tax sops to attract foreign investment upset Indian data centres

The new Budget provides for tax sops to attract more foreign investments in India's data centres. So why are some Indian players upset?

India-US trade deal brings glimmer of hope for beleaguered IT services cos

India-US trade deal eases fears of tariff spillover into IT services, offering relief to Indian tech firms amid weak global demand and delayed client spending

Budget 2026: Tax holiday for foreign Cloud cos using data centres in India

Budget 2026 proposes tax holiday till 2047 for foreign cloud firms using Indian data centres, aiming to position India as a global AI and hyperscale data hub

Eco Survey: AI strategy must be grounded in economic realities, not scale

Chasing scale, building large LLMs for own sake not useful for India

KPIT Q3FY26 results: Net profit plunges 29% to ₹133 cr, revenue up 9.5%

KPIT's Q3FY26 profit fell sharply due to labour code provisions, even as revenue rose on Europe recovery and growth in connected and autonomous vehicle services

Economic Survey 2026 flags digital addiction as key challenge for India

Meta, which owns Facebook, WhatsApp and Instagram, regularly counts India among its largest user bases, along with Alphabet's YouTube

Persistent Systems eyes expansion in Europe, to cut reliance on US market

Persistent Systems plans to scale up its Europe business to diversify revenues away from the US, as macroeconomic uncertainty, muted IT spending and sector-wide volatility continue to challenge growth

Voice AI is India's next UPI moment: Infosys chairman Nandan Nilekani

Voice AI is the most practical path to digital inclusion in India, enabling access across languages, literacy levels and sectors, says Nandan Nilekani

Data privacy, security gain importance as AI adoption accelerates

As artificial intelligence becomes widespread and India implements the DPDP Act, enterprises are being forced to rethink data privacy, governance, and cybersecurity strategies

With GenAI, billing models more outcome-based: TP India head Maneesh Daga

Teleperformance India says AI is driving a shift from low-end bpo work to outcome-based, higher-value services, reshaping billing models, productivity and hiring strategies

Learnability as a skill more critical than ever: Mphasis CEO Nitin Rakesh

As AI reshapes IT hiring, Mphasis has dropped campus recruitment, betting on internships, hackathons and learnability over credentials in the age of GenAI

Mphasis Q3 FY26 results: Net profit increases 3.5% to ₹442 crore

Mphasis posts 3.5% rise in Q3 net profit to Rs 442 crore, revenue grows 12.3% led by BFSI and insurance, AI platform driving deal pipeline

AI deals keeping pipeline steady, says LTIMindtree CEO Venu Lambu

LTIMindtree sees strong growth visibility as a robust pipeline of renewals and AI-native deals spills into next fiscal, even amid an unchanged macro environment

IT union flags delay in 250 engineering grads' onboarding by Wipro

NITES said that the global IT firm Wipro issued letter of intent to graduates in May last year, confirming their selection, detailing the role, compensation structure and onboarding process

IT firms meander through deal-pricing complexity in era of AI agents

As AI agents begin working alongside humans, IT services firms are rethinking time-and-material contracts, experimenting with outcome-based and hybrid pricing models

World needs more women in senior AI roles for balance: AnitaB.org

As AI races ahead, tech leaders warn that without more women in leadership, innovation risks bias, exclusion and job losses that disproportionately affect women

Wipro's Q3FY26 results: Net profit declines 7% to ₹3,120 crore

Wipro's Q3 profit fell 7% year-on-year due to labour code impact, even as IT services revenue beat estimates and margins improved on cost controls

LTIMindtree wins ₹3,000 crore CBDT deal for AI-led tax analytics platform

The seven-year contract will modernise India's national tax analytics platform using AI, digital architecture and data analytics to deliver real-time insights for policymakers, the company said

Anthropic picks former Microsoft India MD Irina Ghose to lead India ops

The Claude chatbot maker said the former Microsoft India head will lead its India expansion as the company prepares to open a Bengaluru office and deepen enterprise and public sector engagement