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AI LED DEFLATIONARY IMPACT
IT nightmare on loop, Accenture's 20% fall highlights AI disruptionIndian tech stocks experienced a sharp decline Friday, mirroring a significant drop in global IT giant Accenture due to weaker-than-expecte...- Why India’s digital ecosystem may define next phase of agentic AI and invisible computingIndia's unique relationship with technology, where smartphones serve as the sole device for millions, positions it as a crucial testing gro...
- Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...
- Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip AgarwalAccenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI's impact on the IT se...
- Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...
- GenAI can add $14-17 billion to India's real estate economy: ReportConsultancy firm EY-Parthenon and realtors' apex body CREDAI, in its report 'GenAI in Indian real estate - Scaling the next frontier of inn...
- GenAI could deliver up to 50% higher sales velocity and faster launches for India’s real estate sectorGenerative AI promises to revolutionize Indian real estate, boosting sales velocity by up to 50% and slashing project launch times by 30%. ...
- Over one-third of entry-level tasks in India done by AI, finds Cognizant-Pearson studyAI is now performing nearly 37% of entry-level tasks in India, exceeding the global average. HR leaders anticipate entry-level roles will e...
- We cannot let AI frontier models fall into hands of authoritarian regimes: French President Emmanuel MacronArtificial intelligence frontier models must not be allowed to fall into the hands of authoritarian regimes, but democracies must co-ope...
- G7 leaders vow closer ties on AI as they hash out 'trusted partners' schemeG7 leaders are coordinating on advanced AI risks and opportunities. They are discussing a "trusted partners" scheme to grant non-US nations...
- Coforge shares jump over 2% as firm eyes $5 billion revenue by FY30. Why Nomura, others see up to 50% upside?Coforge shares saw a rise after the company projected $5 billion in revenue by FY30. This ambitious target is fueled by strong organic grow...
- 'Don't feel like a developer anymore after AI': Techie says coding isn't fun now, Reddit users share fears of becoming 'lazy'A software developer's candid post sparked a debate on Reddit about AI's impact on programming jobs. Developers express concerns about losi...
- Karnataka explores biotech financing framework, AI-led innovation to support sector growthKarnataka is developing a dedicated support framework for its biotechnology sector, encompassing funding, mentoring, and regulatory guidanc...
- HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...
- Varya AI video generator by Avataar AI: India’s breakthrough in text-to-video creation technologyVarya by Avataar AI is an AI video generation model that creates videos from simple prompts quickly and cost-effectively. It delivers local...
- Future of Knowledge Work Summit 2026 is just 2 days away; here's why business leaders should pay attentionThe Future of Knowledge Work Summit 2026, taking place on 17 June 2026 in Bengaluru, will bring together CXOs, business leaders, AI experts...
- India leads globally in AI-driven revenue growth expectations: BCG surveyIndian marketers anticipate significant AI-driven revenue growth. India leads globally in adopting agentic commerce, a new marketing approa...
- War and AI force India Inc to rethink huge office dealsLarge office leasing deals in India are experiencing extended closing times as companies adopt a cautious approach to expansion amid geopol...
- Project Glasswing melts: US government suspends early access to Anthropic's Fable 5, Mythos 5 within days of rolloutIndia's brief access to advanced AI models from Anthropic has ended. A US government directive halted local access to Mythos 5 and Fable 5....
- EY launches Bengaluru AI centre to help firms test and scale AI transformationEY has launched a state-of-the-art 40,000-square-foot AI innovation hub in Bengaluru, designed to support clients in the exploration and de...
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