It Industry

Fresher hiring gains in manufacturing, retail as IT demand cools: Report

The report also flagged limited practical exposure, faster-changing skill requirements and employers becoming more selective about training investments as key challenges for entry-level workers

Some employee data allegedly exposed, customer data unaffected: TCS

TCS said it had safeguards in place for more than two years against the method used to carry out the attack. The IT firm's operational systems have not been affected, it added

IT industry not creating new jobs, funds diverted to AI costs: Vembu

Zoho founder Sridhar Vembu says AI and rising data centre costs are limiting IT hiring, with funds shifting from new jobs to technology infrastructure

Rethink on safe harbour rules for AI models and tools on the cards

One major point of discussion, a source said, was the liability framework for companies developing frontier AI models and tools, and whether safe harbour protection should be extended to them

Deal wins, growth rates likely to help IT major LTM outperform peers

LTIMindtree posted a strong Q1FY27 performance, with improving margins, healthy deal wins and management guiding for stronger growth than FY26 despite macroeconomic uncertainties

Govt, Nasscom working on AI curriculum for undergraduate programmes

The government is working with IT industry body Nasscom for developing an artificial intelligence curriculum for undergraduate programmes, a senior executive said on Thursday. The National Association of Software and Services Companies (Nasscom) is a leading IT industry body. "The government is working with Nasscom to review and change the AI curriculum for all undergraduate (programmes)," the industry grouping's President Rajesh Nambiar told PTI. With the increasing use of AI in various areas, there is also a need to provide reskilling and upskilling opportunities for graduates. Nambiar said it would take around six months to finalise the curriculum for the undergraduate programmes as various bodies, including the All India Council for Technical Education (AICTE) and the University Grants Commission (UGC), need to go through it. Nambiar spoke on the sidelines of a briefing in the city by IBS Group, where it announced the launch of a vertical AI company, Naviq Technology. "AI is

No AMD product goes out without India's stamp on it: Jaya Jagadish

AMD India, with a workforce of about 10,000, accounts for around 26 per cent of the company's global workforce, she said

Nagarro can reach our growth rate in 6-12 qtrs: Persistent CEO Kalra

Persistent CEO Sandeep Kalra says Nagarro can match the company's growth rate within 6-12 quarters as integration, cross-selling and capability expansion gather pace

Coding to AI returns: IT's moment of truth as tech reshapes services

Tech firms shift focus from labour arbitrage to outcomes as AI does most of the work

India's AI compute race: Will subsidised GPUs close the capability gap?

Subsidised GPUs are helping lower AI compute costs in India, but industry experts say closing the capability gap will require much more than hardware access

Best of BS Opinion: When access becomes power

From AI access and workforce disruption to economic reform and market opportunities, this edition explores how nations and industries navigate narrowing gateways

Indian IT faces AI reset: Top-5 firms post mixed FY26 amid macro headwinds

India's top five IT majors -- TCS, Infosys, HCLTech, Wipro, and Tech Mahindra -- closed FY26 at a critical inflection point, navigating a structural reset driven by macroeconomic headwinds, West Asian geopolitical risks, and the dual-edged sword of Artificial Intelligence (AI). Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing revenue deflation in legacy services. However, this near-term compression is being offset by a multi-billion-dollar surge in new AI-native engagements, prompting a decisive shift in client priorities from sheer scale to modular, outcome-driven contracts. This paradigm shift is starkly reflected in mixed FY27 outlooks and evolving talent metrics. While TCS and Infosys signalled that the worst macro headwinds are receding, peers like HCLTech and Wipro flagged continued volatility and soft discretionary spending. "AI may cause about 2-3 per cent annual deflation in traditional IT

Persistent Systems Q4 results: Net profit rises 33.7% to ₹529.2 crore

IT firm reports strong quarterly growth driven by AI-led demand, with revenue up 25 per cent and continued momentum in deal bookings and client engagements

Nasscom calls TCS incident isolated, reiterates IT sector safety norms

Nasscom says the TCS harassment case is isolated and not reflective of the IT industry, reiterating strict safety norms, governance frameworks, and zero tolerance for misconduct

Headwinds may be past us, FY27 to be better: TCS CEO K Krithivasan

Krithivasan discusses growth prospects for FY27, the perceived threat from artificial intelligence tools, and hiring trends

Now, Infosys nudges managers to use more AI to spur revenue growth

IT services firms are pushing managers to deploy AI tools in client work to boost productivity, improve efficiency and drive revenue growth amid a prolonged demand slowdown

Courts examine Centre's digital takedown powers in Sahyog, FCU cases

Karnataka High Court seeks Centre's response on X Corp challenge to the Sahyog portal, while the Supreme Court agrees to examine the Fact Check Unit provisions under IT Rules

Happiest Minds Technologies revises FY27 revenue growth guidance to 12.5%

Happiest Minds raises FY27 revenue growth guidance to 12.5 per cent from 10 per cent, citing strong momentum from its AI-First strategy and growing demand across key sectors

West Asia crisis: Nasscom warns tech firms of cybersecurity threats

Nasscom has urged tech firms to strengthen cybersecurity frameworks as West Asia conflict heightens risks, advising measures ranging from credential resets to DDoS readiness and supply-chain audits

Indian IT firms need to step up, take clients forward in AI world: Experts

Industry leaders say Indian IT firms must evolve from implementation partners to orchestration partners in the AI era, even as AI-driven revenue is projected at $10-12 billion in FY26