Page 2 - Information Technology

BFSI is the most digitally mature sector, says Arundhati Bhattacharya

At the Business Standard BFSI Summit 2025, Salesforce India Chairperson Arundhati Bhattacharya spoke about technology, leadership, and women in banking

Kerala eyes $50 billion IT value by 2031 with new digital vision plan

The draft IT Vision 2031 aims to generate 5 lakh jobs, attract Rs 20,000 crore in startup investments, and make Kerala a global hub for ethical and sustainable technology

Proposed AI content rules test social media's limits, raise compliance

India's proposed IT Rules mandate AI content labeling, but social media firms warn of technical, compliance, and user-experience challenges

Only joint secretaries, DIGs can now issue notices to social media firms

Meity amends IT Rules 2021; from November 1, only senior officers can flag unlawful content to intermediaries, with orders subject to monthly review at top level

TCS, Infy, HCL Tech gain 2%; IT index up 5% in 1 week ahead of Q2 results

However, thus far in the calendar year 2025, the IT index has underperformed the market by falling 20 per cent, as against 4.7 per cent rise in the BSE Sensex

Trump's H-1B shock: Offshoring likely to get lift, IT cos may take a hit

New US visa fee piles pressure on Indian IT firms, threatening margins and accelerating shift to GCCs, automation, and local hiring

$13 billion worth of IT contracts up for renewal in coming months

Global uncertainty, US trade tariffs, and muted growth weigh on Indian IT firms as over 600 major outsourcing contracts near renewal in the second half of 2025

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

Parl panel suggests strict laws, mandatory fact-checking to curb fake news

Calling fake news a threat to public order and democratic process, a parliamentary committee has recommended amending penal provisions, increasing fine and fixing accountability to tackle the challenge. In its draft report adopted on Tuesday, the Standing Committee on Communications and Information Technology has also called for mandatory presence of fact-checking mechanism and internal ombudsman in all print, digital and electronic media organisations. Sources said the committee has made a raft of suggestions, including a collaborative effort among all stake-holders covering government, private and independent fact-checkers to tackle the challenge of fake news. The committee headed by BJP MP Nishikant Dubey adopted the report unanimously, showing a cross-party support for stepped-up efforts to handle the menace of fake news, the sources added. The Committee desire the Ministry of Information and Broadcasting to ensure that fact-checking mechanism and internal ombudsman should be m

Infosys eyes return to campuses after Covid pause: Signs of hiring revival?

After a slowdown, IT major Infosys to revive campus hiring even as growth stays subdued for a second consecutive year

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

Uttar Pradesh govt bets big on AI, data centres to boost jobs and IT parks

The Yogi government will invest over ₹10,700 crore to develop India's first 'AI City' in Lucknow

IT companies' valuation hits 5-year low amid selloff by investors

The sector is trading at a discount to the BSE Sensex and trailing price/earning (P/E) multiple for the first time in the past four years

IT sector braces for slower growth trajectory as US tariff tensions mount

Sectors such as automobile, manufacturing, and retail are already bearing the brunt of tariffs - this was called out by IT executives during their earnings conferences last month

Overseas funds pull out of IT and financial services stocks in July

Foreign investors pull out over ₹21,000 crore from key sectors in late July, with IT and financials bearing the brunt of the sell-off

IT major TCS affirms 600 job offers intact, but skips labour meet

TCS skips meeting with the labour ministry, saying deferment of onboarding is 'nothing new,' and it remains committed to fulfilling its job offers to over 600 professionals

The Board's AI agenda: How prepared are you to guide the transformation?

When a business that relies heavily on artistic talent cites AI as a disruptive force, it signals more than just an industry-specific concern

Persistent Systems bleeds over 9% post mixed Q1; here's what brokerages say

Around 11:10 AM, the Persistent Systems' share was trading 8.24 per cent lower at ₹5,143.50. In comparison, BSE Sensex was down 0.26 per cent at 82,514.88 levels.

IT employees' union says TCS bench policy 'coercive' and 'punishing'

35-day bench rule pressures employees and promotes a culture of fear, says NITES

TCS Q1 Preview: Revenue, profit to dip sequentially amid demand uncertainty

TCS Q1 Preview: The IT major is likely to see a 0.21 per cent quarter-on-quarter (Q-o-Q) dip in revenue to ₹64,342.93 crore, according to analysts