Engineering product firms were among the first to embrace AI and machine learning. And the early adopters are reaping gains.
Customer experience firm Fusion CX is significantly investing in AI-enabled services and data infrastructure, aiming to increase its share in total turnover to 25% within 12-18 months. The company, which reported a turnover of Rs 1,818.13 crore in FY26, is preparing for an IPO of Rs 800-1,000 crore in October, driven by organic growth, acquisitions, and its AI strategy.
IT services giant Wipro has launched an Applied AI Centre of Excellence (CoE) in Bengaluru, focusing on Anthropic's Claude models. This initiative aims to accelerate enterprise AI adoption, train 10,000 experts, and integrate AI into core business workflows and Wipro's internal operations.
A Goldman Sachs report indicates that up to 12% of India's non-agricultural workforce is at risk of substitution by generative AI, while 42-48% could be complemented. The report highlights uneven impacts across sectors and job types, with IT-enabled services facing higher risk and physical tasks remaining less affected. Gen-AI is projected to boost India's labour productivity growth over the next decade.
Sustained selling by foreign investors is weighing on domestic equities, with the benchmark Sensex and Nifty 50 down 15.60 per cent and 14.4 per cent, respectively, this year.
'You cannot stop these models from getting better. There is competitive and business pressure and if the US stops then maybe China will go ahead.'
Uttarakhand Minister Rekha Arya has vehemently denied corruption allegations made by her husband, Girdhari Lal Sahu, calling them "100 per cent baseless." Sahu accused her of possessing illegal assets worth Rs 210 crore after Arya filed a complaint against him for domestic violence, harassment, and caste-based slurs. Arya asserted her life is transparent and welcomed any investigation, while also defending her decision to speak out against domestic violence.
A new study reveals a significant increase in the use of artificial intelligence (AI) in scientific paper submissions since the release of ChatGPT, accompanied by a decline in writing quality. The research, focusing on submissions to the journal Organization Science, highlights the strain on the peer-review system and questions the benefits of AI for non-native English speakers and new field entrants.
Veteran banker K V Kamath stresses the importance of reskilling and education reforms to leverage artificial intelligence (AI) in India, advocating for practical applications over expensive foundational models.
Students are learning to combine technology with agriculture, healthcare, biotechnology, architecture and fashion, explains Mandeep Singh, assistant professor and deputy dean, Lovely Professional University.
Zoho co-founder Sridhar Vembu argues that predictions of AI's catastrophic outcomes are overstated and a global pause in AI development is improbable. He urges India to adopt an independent AI strategy, focusing on extensive foundational R&D across sectors, while remaining wary of market monopolisation attempts by major tech players. Vembu also highlights concerns about AI's impact on human judgment, skill development, and job markets, particularly for junior professionals.
IIIT Hyderabad and measurement technologies firm Hexagon R&D India have collaborated to establish the Hexagon Digital Twin Centre of Excellence (CoE) at the IIIT Hyderabad campus. This CoE will focus on applied research, education, and industry collaboration in computer vision, spatial computing, and AI-powered digital twins, providing access to advanced imaging technology.
Christopher Wood, global head of equity strategy at Jefferies, warns that cheaper Chinese artificial intelligence (AI) models could lead to 'massive capital destruction' in US markets, highlighting the rapid growth of Chinese LLMs and the increasing debt funding for AI capex in the US.
'There is a long set of decisions that have to be made along the way for anything to actually get actuated in the real world.'
Information technology (IT) giant Wipro has a strong pipeline of large artificial intelligence (AI)-led deals in the health care vertical, according to a senior company executive. Health care stands as the third-largest vertical for Wipro, contributing roughly 14 per cent to the company's overall revenue. Moreover, while most other verticals reported negative growth, health care demonstrated robust growth of 9.9 per cent year-on-year and 7.5 per cent quarter-on-quarter in constant currency during the October-December quarter.
Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.
A Thane family is desperately searching for their 28-year-old son, Abhishek Ghone, who went missing in Nepal after flash floods struck during his Kailash Mansarovar pilgrimage. Despite using AI tools to track his location, the family seeks official verification and urges authorities to provide concrete information about his whereabouts.
The 42-year-old, who has had stints at Microsoft, Facebook and Twitter, made the announcement of leaving his role as Senior Policy Advisor for Artificial Intelligence in a post on X on Saturday.
Vice President C P Radhakrishnan has championed the use of artificial intelligence for good governance, highlighting its potential to improve government services and build an inclusive and efficient India.
Uttar Pradesh Chief Minister Yogi Adityanath announced the state's ambitious shift from mobile phone assembly to advanced microchip manufacturing, data centres, and artificial intelligence. He highlighted significant investments and growth in the digital economy, attributing the transformation to the "double-engine government's" alignment with national initiatives like 'Make in India' and 'Aatmanirbhar Bharat'. Adityanath also criticised previous administrations for hindering the state's potential.
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.
Artificial intelligence major Anthropic has launched AI inference capabilities in India through Amazon Bedrock, allowing its Claude AI models to process data within the country's jurisdiction. This strategic move addresses the growing demand from Indian entities, particularly in regulated sectors, for compliance with local data processing norms as per the Digital Personal Data Protection Act. The initiative strengthens Anthropic's commitment to the Indian market, enabling secure and compliant AI deployment for sensitive workloads and fostering trust among major enterprises like Reliance, CRED, and NPCI.
Mukesh Ambani, Chairman of Reliance Industries, has called upon India's engineering talent to spearhead Jio's ambitious artificial intelligence initiative. He emphasized India's role as a creator and global leader in AI, not just a consumer, outlining the execution phase of Reliance Intelligence with partnerships and a focus on developing affordable, language-fluent AI for all Indians.
Salesforce CEO Marc Benioff has identified a significant opportunity for India as the company transitions its enterprise systems to an AI-first model. He emphasised India's crucial role, leveraging its extensive pool of technology professionals and partners, in this global technological transformation, which he likened to a "Y2K moment" for engineering.
IT Minister Ashwini Vaishnaw announced that the Indian government will release a consultation paper on AI regulations within a month. This framework will address critical aspects like AI safety, deepfakes, and a human-first approach, emphasising the industry's primary responsibility in ensuring safe AI deployment. The move comes amidst growing global concerns over AI risks and the need for robust safeguards.
Generative artificial intelligence (AI) is beginning to alter hiring patterns in South Asia, with multinational companies (MNCs) and firms integrated into global value chains (GVCs) reducing recruitment more sharply than domestic firms, signalling the technology's early impact on the region's export-oriented services sector, according to the World Bank's World Development Report 2026.
A new report highlights that publishers need to adopt clear records, AI-specific provisions, and transparent disclosure of AI use to manage legal and commercial risks as the copyright framework around artificial intelligence evolves. Jointly developed by SS Rana & Co and Ficci, the 'Copyright In The AI Age' report emphasises practical governance measures while courts and regulators work on legal principles. It also addresses concerns about authorship, creators' rights, and research integrity amidst increasing AI integration in publishing.
Prime Minister Narendra Modi has outlined a comprehensive plan to empower India's youth, including training one crore youngsters in artificial intelligence skills and providing free online coaching for competitive examinations, aiming to position them at the forefront of the nation's journey to become a developed nation by 2047.
The government's e-marketplace platform, GeM, is significantly enhancing public procurement through the integration of AI, advanced analytics, and digital monitoring systems. This strategic adoption has led to substantial savings for the exchequer and improved transparency, while also playing a crucial role in health sector procurement.
Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).
Jio Platforms' initial public offering has shattered global records by receiving over one crore applications, underscoring immense investor confidence in the company's ambitious plans for technology, AI, and cloud services, with the IPO subscribed almost seven times overall.
Is it a boon or a curse?
Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.
India's venture capital equity funding for startups has remained largely flat over the past three years, with a slight increase in total funding but a sharp decline in the number of rounds, indicating a concentration of capital in fewer, larger deals, particularly in deeptech and AI sectors.
The Delhi government has cancelled over 45,000 ration cards and is considering using artificial intelligence to identify ineligible beneficiaries in its public distribution system.
Atomic Energy Commission chairman Ajit Kumar Mohanty stated that India is on the verge of a significant technological transformation, driven by advancements in AI, quantum technologies, and other fields. Speaking at BIT Mesra's convocation, he emphasised the need for strong indigenous capabilities, skilled professionals, and interdisciplinary collaboration to achieve a developed India. Other speakers, including BIT Mesra's Chancellor and Vice Chancellor, echoed the importance of continuous learning and contributing to national progress.
Former HCL Technologies CEO Vineet Nayar's new book, "Humans First, Machines Second: 30 Sparks for Winning in the Age of AI," argues that the greatest risk of the AI era is not advanced machines, but humanity losing faith in its unique capabilities. The book advocates for investing in human potential over solely adopting technology faster.
Former HCL Technologies CEO Vineet Nayar's new book, "Humans First, Machines Second: 30 Sparks for Winning in the Age of AI," argues that the greatest risk of the AI era is not advanced machines, but humanity losing faith in its unique capabilities. The book advocates for investing in human potential over solely adopting technology faster.
'It requires new skilling, new ways of working, and new structures. That's the reality.'
Hollywood actor Brad Pitt believes artificial intelligence could be a boon for mid-budget filmmaking by making visual effects more accessible. However, he expresses caution regarding AI's use in replicating actors' performances and raises concerns about body scanning and digital likeness ownership. Pitt also shared his thoughts on AI-generated music and his upcoming film projects.
