Global technology giant Google has announced the selection of 20 Indian AI startups for its 2026 Google for Startups Accelerator programme, marking the 10th anniversary of its accelerator initiatives.
India's enterprise software market is forecast to maintain its strong performance, with an estimated compound annual growth rate of 14.6 per cent from 2011 to 2016 -- the highest growth rate in the world, the technology researcher said.
In the first three quarters of 2025, FDE job demand jumped by nearly 800 per cent.
Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.
US-based Redwood Software has inaugurated its global centre in Hyderabad, designating it as its primary operational location. The centre will focus on AI-powered automation and aims to enhance Redwood's ability to manage operations across hybrid IT environments. Redwood plans to hire over 300 new employees by the end of 2027.
Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.
Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.
Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.
L&T Technology Services (LTTS) has announced a strategic partnership with Anthropic to integrate its Claude AI models into LTTS' engineering processes and AI platforms. This collaboration aims to redefine engineering work by enabling faster decision-making, streamlining workflows, and accelerating innovation for global clients, coinciding with Anthropic's new rupee-denominated pricing for Indian customers.
''When these agents are deployed at enterprise-grade scale, your risk will not just amplify, it will mutate.' 'And the reason is because you will have ungoverned agents.'
'Hiring within IT services firms is going to be very specialised.'
Infosys co-founder Nandan Nilekani stated that artificial intelligence will amplify, not replace, IT firms, projecting a massive USD 400 billion AI-first services opportunity by 2030. Addressing shareholders, he highlighted Infosys's readiness to help clients navigate enterprise AI complexities and capitalise on the structural shift in technology.
Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.
A delegation of Indian startup founders and leaders visited the UK to explore collaborations in artificial intelligence and technology, aiming to strengthen the India-UK innovation corridor.
Anthropic has introduced Rupee-denominated pricing for its Claude AI assistant in India, making its Pro and Max plans more accessible to one of its largest user communities. This move, alongside the opening of its Bengaluru office and increased revenue, highlights Anthropic's growing focus on the Indian market, a sentiment echoed by rival OpenAI.
Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.
'It shows that access to these technologies cannot be taken for granted.'
GenAI recorded the widest talent gap, followed by AI deployment engineering (72.4 per cent), AI governance (70 per cent), and MLOps (68 per cent).
Fintech and enterprise technology firm Paramotor Digital Technology Ltd has confidentially filed draft papers with markets regulator Sebi for an initial public offering (IPO). The company submitted its draft papers under Sebi's pre-filing route, which allows issuers to keep details related to the issue size and other key information confidential until a later stage.
Artificial intelligence major Anthropic has reinstated access to its Fable 5 and Mythos 5 AI models after the US government lifted export controls imposed due to national security concerns over a "jailbreak" vulnerability. The company has implemented new safeguards and is collaborating with major tech firms to develop a framework for addressing AI model vulnerabilities. India, a significant market for Anthropic, will see Fable 5 available globally, while Mythos 5 access expands under Project Glasswing.
Persistent Systems announced an agreement to integrate a team from Concise, a software engineering and IT consulting company, to expand its Eastern European footprint.
Ford Business Solutions (FBS) India, the global capability centre for Ford Motor Company, has inaugurated a new office in Coimbatore, its third location in India. This expansion is a strategic move to strengthen the resilience of Ford's global operations, with nearly 50 per cent of its future growth in India expected to be in technology, data science, and data analytics.
Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed draft red herring prospectus (DRHP) with SEBI through the confidential pre-filing route, marking an important step towards a potential public listing after its acquisition and strategic shift to an AI-led digital platform.
Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.
For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.
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.
OpenAI and Anthropic are not simply enabling new software capabilities, they are moving directly into enterprise execution, workflow ownership, and decision orchestration.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has approved filing draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares, aiming to unlock value for shareholders and fuel its ambitious expansion into 5G, AI, and global markets.
FedEx and ServiceNow have expanded their collaboration to develop an AI-powered supply chain solution aimed at optimising workflows and enhancing customer experiences. The partnership was announced at the Knowledge 2026 AI conference in Las Vegas.
Corporate India is projected to offer salary increments ranging from 8.6 per cent to 10.2 per cent across various industries in the financial year 2026-27, primarily fuelled by a sustained demand for skilled and execution-focused talent, according to a TeamLease Services report.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
AU Small Finance Bank has launched its first AI-native loan origination system, built on the Broccoli platform, in partnership with Amazon Web Services. This deployment marks a significant step towards becoming a fully AI-native bank, replacing traditional systems with a hyper-personalised sales and servicing platform.
TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.
The selloff in domestic information technology stocks intensified on Friday, with the Nifty IT index sliding as much as 5.2 per cent during the session before paring losses to close 1.44 per cent lower.
Barclays Global Service Centre India MD & CEO Praveen Kumar has urged Indian banks to modernise their technology architecture and build AI-based defence systems to counter emerging cyber threats posed by AI tools.
The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.
'You have seen the retrenchments by big corporates in the IT industry because they are not getting enough offers.' 'MSMEs in the manufacturing sector are really struggling. They do not know what to do. They are not able to predict what will happen tomorrow.'
Oracle Corporation has reportedly laid off thousands of employees globally, including a significant number in India, with affected individuals receiving early morning termination emails and immediate laptop lockouts, despite the company posting record quarterly revenues of $17.2 billion.
'Today, we see people go on ChatGPT to ask 'can you plan my holiday' and then they have to go outside of the ChatGPT window to make all the bookings and so how can we complete that really high-intent use case that a user has come to ChatGPT with and help them complete that all the way within the chat GPT window.'
India is conducting a special audit of 101 cities to assess ease of living from the citizen's perspective, Comptroller and Auditor General K Sanjay Murthy said.
