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GENAI IMPLEMENTATION
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...- Why ET AI Hackathon 2.0 sits at the centre of builder-led technology shiftsAs AI and digital systems move from experimentation into real-world use, builders are increasingly shaping how technology is judged and sca...
- The great $100-billion tech shift: GCCs tighten grip on India’s talent marketIndia's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driv...
- Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...
- TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-re...
- AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
- BFSI firms set to see AI-led decision-making and real-time fraud detectionHowever, before large-scale adoption, companies need to address challenges around AI governance, infrastructure, and security
- BFSI firms set to see AI-led decision making & real-time fraud detectionIndian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopte...
- India’s tech workforce is at a turning point. Reskilling will define what comes nextThe Indian software engineer's career path is rapidly evolving due to generative AI and intelligent automation. A significant talent gap ex...
- Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the g...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- GenAI could increase banking operations' productivity up to 46% by 2030: EY reportGenerative AI is set to boost productivity in India's financial services by up to 38% by 2030, and up to 46% for banking operations, accord...
- India added 174 GenAI startups in one year: Nasscom reportThe report highlighted that despite being in an early stage, India’s GenAI startups have attracted over $750 million in cumulative funding ...
- GenAI is used by 83% of media, telecom companies for research and innovations: PwCA substantial 83 per cent of media and telecommunication companies in India are using GenAI for innovation and research. The industry feels...
- How GenAI is becoming key part of large, mega IT dealsIT service providers are integrating Generative AI into large deals, indicating its advancement from PoC stage. Traditional IT budgets are ...
- India ranks first in adoption of GenAI across Asia Pacific: Deloitte surveyThe report, titled ‘Generative AI in Asia Pacific’, said 93% of students and 83% of employees in the country are actively engaging with Gen...
- India leads in GenAI adoption, investment trends likely to rise in coming years: reportIndia leads in GenAI adoption, expecting increased investments. Data processing concerns persist, but conversational data search capabiliti...
- 84% Indian CEOs keen on investing in GenAI: reportThe EY CEO Outlook Pulse 2023, released on Thursday, found that 62% of CEOs struggled with the rapid pace of GenAI progress and the regulat...
- Global spending on GenAI software, solutions to reach $143 billion in 2027The forecast from International Data Corporation (IDC) shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions i...
- To AI or not no longer a question: IT majors already using GenAI for several tasksIndian IT firms are focusing on the integration of generative AI (GenAI) to expedite code generation, optimize labor-intensive tasks and fa...
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