Shares of information technology (IT) companies were in demand on Friday, with the National Stock Exchange's (NSE's) Nifty IT index rallying 3.3 per cent on . This came after Infosys reported steady sequential growth, driven by health care boost and large deal rampup in a seasonally weak quarter (Q3FY26).
HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.
Brokerages were divided on Bajaj Finance after its 2025-26 (FY26) third-quarter (October-December/ Q3) results, with a few raising targets on valuation comfort, while others flagged concerns over the credit cost trajectory.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.
Rahul Gandhi claims the Indo-US trade deal will compromise the data security of 1.5 billion Indians, alleging Prime Minister Modi is surrendering India's data resources to the US. He warns of potential job losses in the IT sector due to AI and the importance of controlling India's data pool.
India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said noting these business segments are quite inter-connected with each other.
The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
Hiring was strongest in education and training, healthcare services, retail, financial services and wellness.
According to Microsoft CEO Satya Nadella, data today shows that the world GDP growth is not "something great" and that calls for the need for new innovations like AI being taken very seriously.
Banks cannot treat compliance as a quarter-end activity, and must have stronger operational discipline and data governance throughout the year, Reserve Bank of India (RBI) Deputy Governor Swaminathan J said in a speech at the Third Annual Global Conference of the College of Supervisors.
US lawmakers have urged President Donald Trump to reconsider his proclamation on H1-B visas, including the USD 100,000 fee, asserting that Indian nationals are central to American leadership in IT and AI, and the restrictions will negatively impact US-India ties.
When elephants are identified close to or on the tracks, real-time alerts are sent to locomotive pilots, station masters and control rooms, allowing trains to slow down or stop in time.
RSS chief Mohan Bhagwat addressed concerns about population imbalance, citing religious conversion, infiltration, and low birth rates as key factors. He advocated for 'ghar wapasi' and vigilance against infiltrators, while also emphasizing the importance of family and employment.
'The real question is how best to leverage technology to deliver better services, all the way to the last mile, where we still haven't been able to get across the financial literacy that can enable us to unlock the potential of the entire country.'
The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.
The integration of artificial AI-based judicial assistance tools into the district court management framework has accompanied the shift.
'The trade deficit in some sectors is huge and that is an area of opportunity to localise.'
Cognizant reported a significant increase in net income for the December quarter, driven by AI efficiencies and strong performance in the financial services sector. The company also announced a major deal and provided guidance for the upcoming year.
'If X fails to comply with these directions, appropriate action will be taken against the platform, including 'the loss of the exemption from liability under Section 79 of the IT Act, and consequential action as provided (for) under any law including the IT Act and the BNS.'
FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.
'4 lakh to 5 lakh people graduating in computer science getting jobs in software companies will not happen.'
The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.
Restoring weighted tax deductions and adopting a petty patents regime can foster firm-level innovative activity critical for competitiveness, points out Nagesh Kumar.
Pawar was addressing an election campaign rally in Pimpri-Chinchwad and announced the development.
Gor also announced that India will be a member of the Pax Silica alliance.
India and Israel on Tuesday signed a defence pact that will facilitate sharing of advanced technologies and promote co-development and co-production of key weapon systems and military hardware, in a major move to further bolster their already robust strategic ties.
The Mahayuti alliance has released its manifesto for the upcoming Mumbai civic elections, promising technology-led governance, concessions for women, and addressing issues like illegal immigration and infrastructure.
India is aiming to win multiple medals in disciplines like aquatics and cycling at the 2036 Olympic Games as both these events offer over a 100 medals.
Sunil Gavaskar approached the high court, seeking to prevent the unauthorised use of his name, images, persona and likeness by social media platforms and e-commerce websites, and to protect his personality rights.
The country's largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore. The Tata Group company had posted a net profit of Rs 12,380 crore in the October-December period of FY25 and Rs 12,075 crore in the preceding September quarter.
Chiranjeevi has registered a case with the cybercrime cell in Hyderabad against identified and unidentified individuals who have posted obscene videos of him, created by AI.
This is the second-worst performance by the pack during this period over the last five years since CY20.
Adoption of Artificial Intelligence (AI) in India's 64 million Micro, Small and Medium Enterprises (MSMEs) alone could unlock over $500 billion in economic value, but the country must pivot from an "adopt-first" to an "invent-first" mindset to realise this potential, according to a new report.
'You must be good at using AI as a tool of learning but do not give up your own critical thinking.'
'Headcount expansion is more likely in revenue-linked and product-critical teams than in broad based hiring.'
'What the government is doing would be a drop in the ocean. It has to be matched by investments by industry.'
The convergence of artificial intelligence, evolving labour regulations and rising employee expectations will redefine how organisations manage pay, people and performance in the coming year, a report says.
Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.
In order to optimise branch efficiency, public sector banks (PSBs) are reworking their strategies to streamline operations and reduce cost amid changing customer behaviour. The strategies include closing or merging low traffic branches and reducing their size in smaller centres.
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