Digital payments firm PhonePe has launched PulsePro, an enterprise intelligence platform providing businesses with aggregated and anonymised transaction data. This platform offers near real-time market insights at granular levels, helping companies track consumer spending, identify growth opportunities, and make informed expansion decisions across India.
A study by Amazon Ads reveals that nearly 87% of Indian small and medium businesses (SMBs) believe AI has opened up new advertising opportunities, including streaming TV. The research indicates that 75% of surveyed SMBs attribute business growth to AI-enabled advertising, with 68% noting increased creativity. AI is also facilitating international trade for 59% of businesses, though human oversight remains crucial in decision-making.
Infrastructure major Larsen & Toubro (L&T) has secured a mega order, valued between Rs 10,000 and Rs 15,000 crore, to construct India's largest single-cluster artificial intelligence (AI) infrastructure facility. This strategic move marks L&T's entry into the AI Factory business, aiming to establish an NVIDIA B300-based AI Factory in Chennai to power the AI-native cloud platform of US-based Together AI, thereby strengthening India's AI ecosystem and supporting global innovation.
Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.
Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.
A new Accenture report reveals that nearly half of all global cybersecurity positions remain vacant, primarily due to a critical shortage of professionals with both technical expertise and essential business acumen. The report highlights a significant gap between the skills required for modern cybersecurity and what the labour market currently offers, exacerbated by poor retention and underinvestment in upskilling.
When a student asks AI to explore an idea, challenges its response, asks for alternatives, improves the output and decides what is worth retaining, the student is practising behaviours that are central to leadership, says Jaspreet Bindra, co-founder and CEO of AI & Beyond, an organisation promoting AI literacy.
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.
SEBI Chairman Tuhin Kanta Pandey stated that cybersecurity is now a board-level concern, not just an IT challenge, emphasising the need for caution when deploying artificial intelligence in critical infrastructure. He highlighted that AI for cybersecurity must be secure, governed, and accountable, and also addressed the emerging risks from quantum computing, urging collective resilience and sharing of best practices among regulators.
Econz IT Services, in partnership with Google Cloud, has launched Bengaluru's first Gemini Enterprise Experience Centre. This centre provides an immersive environment for businesses to develop and deploy advanced Agentic AI solutions, marking a significant step in enterprise AI innovation in the region.
A World Bank report highlights how Artificial Intelligence-powered weather forecasts have enabled small farmers in Telangana, India, to save up to USD 560 by adapting their farming practices to specific risks. The report, "The Promise of Artificial Intelligence," advocates for developing countries to rapidly adopt small, low-cost AI tools to enhance productivity, improve government services, and avoid missing out on the AI revolution.
Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.
The Confederation of Indian Industry-Indian Women Network (CII-IWN) organised a hands-on Artificial Intelligence (AI) workshop in Chandigarh for women entrepreneurs and professionals. The session focused on practical applications of AI, including generative AI and LLMs, to address business challenges and enhance productivity across various functions like marketing, content creation, and data analysis.
Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.
A report by policy think tank The Dialogue reveals that India's artificial intelligence (AI) ecosystem is primarily constrained by a shortage of skilled talent and a lack of data standardisation, rather than market concentration. The study, which surveyed 308 stakeholders, found that talent availability and data usability are major concerns, with a significant reliance on open-source AI models.
The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.
Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.
A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.
Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.
'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'
Qcom platforms are prioritising convenience, selection, AI-driven inventory planning and loyalty rewards over deep discounting.
A joint report by Deloitte India and FICCI projects India's consumer economy to reach USD 1.9 trillion by 2030. This growth will be fuelled by rapid AI adoption, evolving consumer preferences, and new commerce models like e-commerce and quick commerce. India leads in AI adoption among top countries, with businesses leveraging it for engagement, innovation, and forecasting. The report also highlights the emergence of a new Indian consumer seeking convenience and transparency, and identifies key trends shaping FMCG, retail, and e-commerce sectors.
'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'
Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.
A PwC India report highlights that the competitiveness of India's industrial manufacturing sector hinges on the seamless integration of Artificial Intelligence (AI) into business strategies and operations. The report indicates that a significant majority of Indian manufacturers view AI as crucial for achieving strategic goals and are accelerating automation across various functions to build intelligent enterprises and gain sustainable competitive advantage.
'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'
Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.
As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.
The World Bank's "World Development Report 2026" urges developing countries to adopt low-cost AI tools to accelerate progress in healthcare, education, and judicial services. The report highlights AI's potential to boost productivity and improve public services, while noting that jobs in high-income countries are more at risk from automation than those in developing nations.
BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.
Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.
Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.
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.
RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.
Highly capable professionals frequently lose out to candidates with similar qualifications simply because their applications are better structured, more relevant, and easier for both AI and recruiters to interpret, says Chetan Mangalwedhe, founder of TalentiFi-X.
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.
'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.'
Wipro Executive Chairman Rishad Premji announced that clients are now integrating Artificial Intelligence (AI) into their core business processes, moving past initial pilot projects. Speaking at the company's AGM, Premji highlighted AI's role in driving innovation, efficiency, and growth, and noted Wipro's internal AI adoption has significantly streamlined operations.
N Chandrasekaran will step down as chairman of Tata Sons in February 2027, concluding a decade at the helm, following a prolonged standoff over his reappointment with Tata Trusts Chairman Noel Tata.
