A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
The government introduced the SHANTI Act, 2025, to support the mission and open the sector to private participation.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.
'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'
Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.
Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.
'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
Former India captain Sunil Chhetri has publicly appealed to the Tata Group to reverse its decision to withdraw Indian Super League club Jamshedpur FC.
Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.
Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.
Japanese automaker Honda plans to introduce over 10 new models, including electric vehicles and compact SUVs, in India by 2030, identifying India as one of its three key markets for future growth.
Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.
Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.
The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
From Joggers Park to De De Pyaar De, these films dared to make the age gap between their unlikely lovers part of the story rather than something to quietly ignore.
Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.
IT major Wipro reported a nearly flat consolidated net profit of Rs 3,352 crore in the April-June quarter of FY27, a marginal increase from Rs 3,330.4 crore in the year-ago period, while revenue from operations grew 10.6 per cent to Rs 24,478.6 crore.
The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.
'He wanted to know what products I'd brought along, so I showed him jackfruit flour, which research has linked to managing type 2 diabetes.' 'Then jackfruit seed flour, a strong source of protein that rural households have eaten for generations without it ever becoming a commercial product. I gave him ripe jackfruit chips too.'
HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.
'As long as the vehicle has a flex engine, it is irrelevant if the mixture is 15 per cent or 30 per cent; the performance is the same.'
Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.
The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.
'At the end of the day, it is just another technology produced by the human mind.'
High-performance computing server maker Netweb Technologies reported a more than twofold increase in net profit to Rs 85.32 crore for the first quarter ended June 30, 2026. This significant growth was primarily driven by its AI Systems segment, which contributed over 62% of the revenue. The company also saw its revenue from operations more than double to Rs 819.6 crore, reflecting strong demand and disciplined execution, with a robust order book of Rs 2,507 crore.
Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.
The challenge thrown by the youth movement creates the opportunity for a more consequential debate on India's economic trajectory because it must remain centered on India's youth as its driving impulse, asserts former foreign secretary Shyam Saran.
The Acer Aspire 3 (2026) is now available in India through Flipkart in 11.6-inch and 15.6-inch display variants.
Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.
'Guide is my dad's most beloved film. It's also the film closest to his fans' heart.' 'The film's theme is timeless, so we felt it was the right thing to do.'
The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.
