India's top 16 IT services companies distributed a record 1.3 trillion to shareholders in FY26 through dividends and share buybacks, a 36.3 per cent increase from FY25, even as the industry grappled with AI-driven business model threats and a significant decline in market capitalisation.
IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.
Finance Minister Nirmala Sitharaman met with bank heads to discuss risks related to Artificial Intelligence (AI) following global concerns over Anthropic's Mythos model threatening data security of financial systems.
The extraordinary performance of 15-year-old cricketer Vaibhav Sooryavanshi has sparked speculation about whether his talent is natural or aided by artificial intelligence.
Congress MP Shashi Tharoor has approached the Delhi High Court seeking a ban on AI-generated deepfake videos that purportedly show him praising Pakistan. The court has issued summons to social media platforms and the Centre, indicating it may pass an interim order in Tharoor's favour.
IdeaForge Technology Ltd has announced a partnership with Digital Media Professionals Inc. (DMP) to develop next-generation AI drones, aiming to enhance autonomous capabilities and expand into the Japanese market.
Sony launches Xperia 1 VIII smartphone featuring premium cameras, AI enhancements, OLED display, and flagship performance.
Financial Services Secretary M Nagaraju has urged banks to adopt the MuleHunter AI tool developed by RBI to identify and prevent mule accounts used in cyber financial frauds. The meeting also discussed 'Operation Octopus' by Hyderabad Police and emphasised coordinated efforts and intelligence sharing.
Chief Justice of India Surya Kant has cautioned against the uncritical adoption of Artificial Intelligence in the judiciary, emphasising the need to balance technological advancements with human intellect and ethical considerations.
Rishikesh Police have booked a man posing as a seer for allegedly using artificial intelligence to create a fake photograph of himself with Vice President CP Radhakrishnan and circulating it on social media.
Residents of Meghaninagar vividly remember the explosion that shook the neighbourhood on the afternoon of June 12, 2025. An Air India Boeing 787 Dreamliner bound for London had crashed into the hostel blocks of B J Medical College. A massive fire broke out, sending clouds of smoke into the sky.
India has established a high-level inter-ministerial body, the AI Governance and Economic Group (AIGEG), to steer the country's national AI governance strategy. The AIGEG will coordinate policy across ministries and oversee cross-sectoral governance issues, supported by a Technology and Policy Expert Committee (TPEC).
Wipro has launched its AI-Data Centre solution, integrating NVIDIA's AI Enterprise platform, to accelerate enterprise-scale AI adoption and modernise data centre environments.
Punjab School Education Board announces integration of Artificial Intelligence as a core component of the school curriculum, with learning outcomes reflected on student certificates.
A humanoid robot performing at a university dance event in China startled the crowd when it unexpectedly hugged a female student, prompting a debate about AI safety and autonomous behaviour.
Indian youth creates fictional AI influencer, Emily Hart, who amasses millions of followers and earns him substantial income, exposing the deceptive potential of AI in the digital age.
Infosys shares experienced a significant drop, hitting a 52-week low, after the company announced its Q4FY26 results and provided a modest revenue growth guidance of 1.5-3.5 per cent in constant currency for FY27, falling below market expectations and raising concerns about AI-led deflation and margin pressures.
A new study reveals that AI chatbots often provide inaccurate and incomplete medical information, raising concerns about their use in healthcare communication.
Chief Justice of India Surya Kant cautioned against the uncritical adoption of AI in the judiciary, emphasising the need for human judgement and ethical considerations in judicial decision-making.
Supreme Court judge Justice B V Nagarathna stated that judicial independence in the modern era is not just freedom from external power, but also from algorithmic influence, while speaking at a conference in Bengaluru.
The Department of Personnel and Training (DoPT) in India is actively integrating artificial intelligence (AI) into government processes to enhance efficiency, transparency, and accuracy. Initiatives include AI-enabled solutions for salary processing, grievance handling, and training content development, with a focus on data security and ethical use.
OpenAI reports India is a leading AI market with strengths in coding, data analysis, and reasoning, but adoption is heavily concentrated in top cities, highlighting a significant regional disparity.
Amazon plans to significantly expand its use of automation and advanced robotics, including systems like the SLAM labeler, across its Indian fulfilment centres. The company, which has committed substantial investments in India, also highlighted its global rollout of autonomous robots like Proteus and cautioned against premature AI regulation that could stifle innovation.
Haryana's Chief Minister Nayab Singh Saini reviewed the progress of the Haryana AI Development Programme (HAIDP), a Rs 474-crore initiative developed with the World Bank, focusing on AI skilling, startup incubation, and ethical AI governance.
Accel and Google's AI Futures Fund have announced the five startups selected for the 2026 Atoms AI Cohort, focusing on enterprise, voice, and industrial AI solutions, with each startup receiving significant investment and resources.
Tata Consultancy Services (TCS) has announced annual salary hikes effective April 1, with top performers receiving double-digit increases, while also renewing its multi-year strategic partnership with UK retailer Marks & Spencer (M&S) to support its omnichannel and data-driven transformation with AI.
Learners in India prefer to pursue newer courses, such as Gen AI by building apps and code using the technology, along with learning about it.
Anthropic has labelled the US government's directive to suspend its Fable 5 and Mythos 5 AI models as a "misunderstanding" and is actively working to restore access, warning that the current standard for narrow jailbreak findings could "essentially halt all new model deployments for all frontier model providers."
Andhra Pradesh Chief Minister N Chandrababu Naidu laid the foundation for a USD 15 billion Google Artificial Intelligence data centre near Visakhapatnam, calling it a 'growth engine for India' and Asia's biggest such facility.
World Bank South Asia Chief Economist Franziska Ohnsorge advocates for the removal of obstacles hindering the adoption of artificial intelligence to foster business growth and job creation, particularly in South Asia.
Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.
'This is a technology that will particularly benefit those who want to take agency over it'.
The Gujarat High Court has issued a policy prohibiting the use of Artificial Intelligence in judicial decision-making, reasoning, and judgment preparation, emphasising human oversight and limiting AI to administrative support roles.
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
Global investment firm KKR remains optimistic about India's long-term growth, citing rising incomes, premiumisation, financial deepening, and demand for quality services as key drivers for its consumption story, even as higher energy prices and AI disruption pose near-term challenges.
Delhi University's Sri Guru Gobind Singh College of Commerce hosted an international conference focusing on the transformative role of AI in management, featuring discussions on ethical considerations, customised education, and cross-domain relevance.
The Haryana government is launching an initiative to equip its employees with artificial intelligence (AI) skills through the iGOT Karmayogi platform, aiming to enhance governance and public service delivery.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
Shoolini University has launched a Centre for Robotics and AI in collaboration with Sirena Technologies to provide students with industrial-grade robotics training and bridge the gap between academia and industry.
The Punjab government is collaborating with IIT Ropar to develop an AI-driven system for crime prevention, enhancing data analysis and real-time tracking capabilities for the police force.
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