In New Delhi, Feb 24 The IT services sector is set for a major shift as AI reshapes the core business, which will not only increase "cyclicality" but also require a change in talent and operating models, according to a report by Jefferies.The brokerage warns that AI-driven shifts will likely...
anthropic claude
artificial intelligence
consulting services
cybersecurity
implementation services
india
infosys
it outsourcing
itservices
jefferies
managed services
nifty it index
revenue growth
software
tcs
tech industry
Mumbai, February 24 Despite geopolitical volatilities and changes in the landscape due to artificial intelligence platforms, the Indian tech sector is set to achieve a 6.1 per cent revenue growth in FY26, reaching USD 315 billion, Nasscom said on Tuesday.The industry's lobbying group said it...
Mumbai, February 24 Amid widespread concerns about jobs and the relevance of India's nearly USD 300 billion IT services sector, a key industry leader said on Tuesday that the current transition will be "painful" because it involves humans.HCL Technologies Managing Director and Chief Executive...
artificial intelligence (ai)
claude
cobol
digital transformation
hcl technologies
hyperscalers
india it sector
industry trends
itservices
mainframe computing
nasscom
reskilling
saas (software as a service)
software development
tech layoffs
Chennai, February 23 The body of a 24-year-old man from Maharashtra, who was suspected of drowning along with his friend at sea, was found washed ashore at a private beach near Chennai on Monday, police said.The incident occurred around 6 pm on February 21, when a group of friends went for a...
beach
bhandara district
chennai
coast guard
drone search
drowning
east coast road
itservices
jay narendra patil
maharashtra
missing person
police investigation
post-mortem
recovery of body
search and rescue
New Delhi, February 19 Shares of Tata Consultancy Services rose 2% on Thursday after the Tata Group, its IT services arm, announced a strategic partnership with OpenAI to build AI infrastructure in the country and offer joint market solutions.The partnership with OpenAI was announced amid the...
ai infrastructure
artificial intelligence
chatgpt
cloud computing
data centers
hypervault
india
india ai impact summit
itservices
market solutions
openai
software engineering
strategic partnership
tata consultancy services
tata group
Mumbai, February 19 The Tata Group and its IT services arm TCS announced a multi-faceted collaboration with OpenAI on Thursday, focused on building artificial intelligence infrastructure and offering joint solutions in the market.The collaboration will also help thousands of Tata Group...
ai adoption
ai infrastructure
artificial intelligence
chatgpt
collaboration
data centers
hypervault
india
industry-specific ai
itservices
n chandrasekaran
openai
sam altman
tata group
tcs
Bengaluru, February 17 Infosys on Tuesday unveiled its AI First Value Framework, positioning itself to capture an estimated $300-400 billion incremental AI services opportunity by 2030, as global enterprises accelerate the adoption of generative and agentic AI.The company, in a statement, said...
agentic ai
ai governance
ai services
ai strategy
ai value framework
artificial intelligence
data platforms
digital transformation
enterprise architecture
generative ai
infosys
infosys topaz
itservices
technology consulting
workflow transformation
New Delhi, February 15 AI in India will drive productivity, quality, and role redesign in the near term rather than mass unemployment, but the country must pursue a "sovereign by design" approach, maintaining control over its data and capabilities while staying globally integrated to ensure that...
agriculture
ai adoption
ai governance
ai talent pool
artificial intelligence
bcgx
data sovereignty
digital transformation
financial institutions
healthcare
india
innovation
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msmes
startups
New Delhi, February 12 Essar Group's IT arm, Black Box, reported an 11.41 per cent decline in consolidated net profit at ₹49.68 crore in the quarter ended December, primarily due to a one-time provision for the implementation of new labor codes.The Mumbai-headquartered firm registered a net...
New Delhi, February 11 IT services firm LTIMindtree announced on Wednesday that it has rebranded itself as 'LTM Limited', marking a significant change in its corporate identity years after the high-profile merger of L&T Infotech and Mindtree.The company, a part of the Larsen & Toubro (L&T)...