IT services growth likely to stay soft in near term as clients delay discretionary spends: EquirusIndia's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clients shift from cost-cutting to AI-...
05 Jul, 2026, 09.59 AM IST
AI hiring outpaces overall IT recruitment in India: reportIndia's IT sector is prioritising artificial intelligence (AI) hiring, with AI roles seeing a 16% year-on-year surge in June, contrasting w...
03 Jul, 2026, 05.46 PM IST
PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
03 Jul, 2026, 07.47 AM IST
Yotta Data Services in talks with PE funds to raise $1 billionYotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...
03 Jul, 2026, 01.20 AM IST
Pick n Pay launches AI grocery shopping assistant in South AfricaSouth African retailer Pick n Pay has launched an AI-powered shopping assistant named "Penny" to simplify grocery ordering. Customers can n...
02 Jul, 2026, 10.37 PM IST
Two-wheeler exports and EV adoption signal strong consumer resilience: Sachin Relekar, Axis MFIndian consumer demand shows surprising strength, with auto sales exceeding expectations across both traditional and electric vehicles. Exp...
02 Jul, 2026, 07.45 PM IST
Microsoft launches firm to help companies adopt AI with $2.5 billionMicrosoft has launched a new venture, Microsoft Frontier Company, backed by $2.5 billion, to guide businesses in selecting and integrating ...
02 Jul, 2026, 06.36 PM IST
In key structural shift, debt becomes the big new vehicle as Indian IT goes deal-shoppingIndian IT firms are increasingly embracing debt financing for major acquisitions, a departure from their traditional debt-free approach. Th...
02 Jul, 2026, 01.29 PM IST
Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demandThe debut adds to signs that investor appetite for companies supporting the AI buildout remains robust, as hyperscalers and technology fir...
01 Jul, 2026, 11.38 PM IST
Everforth bets on India's GCC boom, AI demand to drive growthUS technology services firm sees India's maturing GCC ecosystem and AI-led digital engineering demand as key growth drivers after its rebra...
01 Jul, 2026, 05.42 PM IST
Macros, AI, geopolitical overhang to drag Q1 showing of IT cos: Motilal OswalIndian IT firms are bracing for a subdued first quarter of FY27, with global economic headwinds, AI's impact, and geopolitical tensions dam...
01 Jul, 2026, 05.20 PM IST
Reliance Power shares soar 18%, snap 4-day losing streak. What’s triggering the sharp surge?Reliance Power shares rose sharply on Wednesday, snapping a four-day losing streak after the company announced plans to expand into artific...
01 Jul, 2026, 11.18 AM IST
Amazon's AWS commits $1 billion toward new unit for embedded AI engineersThe company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for 4...
30 Jun, 2026, 09.59 PM IST
No chips, no glory for India's AI companies racing to lock in GPUsRamprakash Ramamoorthy, director of AI research, Zoho, which is running its own data centre, said the compute cost has gone up significantl...
30 Jun, 2026, 07.36 AM IST
Google limits Meta's use of its Gemini AI models: ReportGoogle, owned by Alphabet, told Meta around March it could not meet the full Gemini capacity the company had sought to purchase, the news...
28 Jun, 2026, 04.02 PM IST
India's tech services sector to remain key to global enterprises in AI era: Nasscom US CEO ForumIndian tech firms are poised to lead global enterprises into the AI era, moving beyond experimentation to production value. Discussions at ...
26 Jun, 2026, 06.04 PM IST
AI will amplify, not replace companies that adapt fast: Nandan NilekaniInfosys is aggressively pursuing the AI-first services market, projecting a $300-400 billion opportunity by 2030. Chairman Nandan Nilekani ...
24 Jun, 2026, 12.56 AM IST