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AI MODERNISATION
Capgemini sees multi-year IT modernisation boom as firms prepare for AICapgemini's CEO Aiman Ezzat highlighted legacy systems as AI adoption's main hurdle. Companies must modernize data and infrastructure for e...- Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?Indian IT stocks saw a remarkable July rally, adding significant market value and reversing investor pessimism. This surge was largely driv...
- Sopra Steria raises growth target on strong European AI, cybersecurity demandThe French IT firm Sopra Steria has announced a rise in its full-year revenue growth projections, underscoring strong financial backing for...
- Happiest Minds reports 18% rise in Q1 net profitThe company’s product and digital engineering services segment led the overall growth, gaining 75.4% sequentially, while the infrastructure...
- Coforge Q1 profit up 63% to Rs 519 crore; revenue rises 24%The company also had a planned exit from two projects in the quarter, impacting revenue of $15 million from a India government portfolio, a...
- Coforge Q1 Results: Profit soars 63% to Rs 519 crore driven by Encora acquisition, AI-led services demandCoforge reported a remarkable 63.3 percent increase in profits for the June quarter, driven by the recent acquisition of Encora and a surge...
- Air India's stumble creates a bigger problem than aviation duopolyTata's Air India faces major losses and market share decline. The airline's turnaround is a decade-long endeavor due to legacy issues. Glob...
- From India to the UAE: Nawgati eyes global mobility infrastructure ambitionsWhat began as a solution to long queues at CNG stations has evolved into an AI-powered mobility infrastructure platform serving millions of...
- IT price wars squeeze Infosys out of three multi-million dollar accountsInfosys said last week that loss of a large European client weighed on its first-quarter revenue growth. The Bengaluru-based company, India...
- India among top five growth markets, centre of global strategy for Red HatIndia is currently at the centre of the company's global strategy, both as a critical market and a hub for engineering excellence, Navtej S...
- RS Chairman asks first-time MPs to embrace AI, uphold parliamentary traditionsRajya Sabha Chairman C.P. Radhakrishnan inaugurated an orientation program for new members. He urged them to combine traditions with emergi...
- Fractal Analytics Q1 net profit jumps 92% to Rs 72.3 croreFractal Analytics saw a ninety-two percent profit jump year-on-year in the first quarter. Operational revenues increased by twenty percent ...
- AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this yearIndia's power and electrical equipment stocks have emerged as key AI proxy plays, with names like Hitachi Energy, Kirloskar Oil Engines and...
- Governments must move beyond AI pilots to redesign public services: McKinseyGovernments must move beyond isolated AI pilot projects. Redesigning processes is crucial for fully realising AI's potential. A four-step a...
- Forget selling! FIIs doubled down on this AI multibagger stock that's up 200% YTDHFCL has emerged as a favourite among foreign investors, with FIIs more than doubling their stake to 15.7% in Q1 despite the stock surging ...
- HFCL Q1 results: Firm swings to black, net profit at Rs 246 crore, revenue soars 120% YoYHFCL reported a sharp turnaround in Q1FY27, posting a net profit of Rs 246 crore against a year-ago loss as revenue more than doubled. Stro...
- South Korea's Lee to visit South America and Germany, attend AI summit in USPresident Lee Jae-myung will visit San Francisco, Brazil, Chile, and Argentina. He will attend an AI summit and meet tech leaders there. Tr...
- Wipro Q1 Results: Profit flat YoY at Rs 3,352 crore; co declares Rs 2/share dividendWipro Q1 Results: Wipro reported a modest 1% year-on-year rise in June-quarter net profit to Rs 3,352 crore, while revenue grew 11%. The IT...
- Public sector modernisation efforts accelerate amid infrastructure challenges: ReportIndian public sector organisations are accelerating AI adoption for improved services. Containerisation and hybrid cloud infrastructure are...
- Wipro clients moving from AI experimentation to execution: Rishad PremjiWipro's Rishad Premji noted clients are embedding AI into core business processes. This technological shift occurs as the IT sector focuses...
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