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LEGACY SOFTWARE MODERNISATION
OpenAI looks to help banks modernise legacy software their operations still depend onOpenAI has enhanced its models to work with legacy programming languages like COBOL and Fortran. The AI assists companies in modernising cr...- Mastek shares defy weak markets, gain 3% after Staffordshire County council picks company for Oracle Cloud transformationMastek shares witnessed an uptick on Thursday despite weak market sentiment after its UK subsidiary was selected by Staffordshire County Co...
- Banks’ biggest risks may now sit inside their tech stack: RBI Deputy Governor Rohit JainRBI Deputy Governor Rohit Jain said technology is no longer merely an enabler for banks but is becoming their “risk architecture”, making t...
- Infosys, HCLTech, TCS, other IT stocks drop up to 3% as Fed rate hike worries return. Here's whyIndian IT stocks dropped on Monday as stronger-than-expected US jobs data revived concerns over a September Federal Reserve rate hike. The ...
- Midcap IT likely to see better H2, AI-led deflation weighs on FY27 growth: Anand RathiIndia's midcap IT services sector could see improved deal conversion and operating leverage in the second half of FY27, but revenue growth ...
- IT firms slow-footed to capture opportunity in new AI services: StudyWhile potential for multiple service options remains huge, new AI-led services such as physical AI, silicon engineering and SaaS replacemen...
- The next frontier in finance is not a bank. It is the machinery beneath itThe financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments a...
- How LIC minted Rs 21,000 crore in mark-to-market gains by betting against AI panic in 3 top IT stocksLIC gained over Rs 21,000 crore from three top software exporters. This paper profit materialized within thirty-five days after a contraria...
- 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...
- An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
- Infosys partners with OpenAI to help firms accelerate AI transformationInfosys partners with OpenAI to integrate advanced AI tools into enterprise software projects. This collaboration aims to move AI from expe...
- Indian IT captains hold firm amid raging agentic AI stormK Krithivasan, chief executive officer and managing director of Tata Consultancy Services (TCS), said while it’s not clear exactly what the...
- Budget 2026: Revival of 200 legacy clusters on the anvilIn an exciting move, the government is unveiling a comprehensive plan aimed at rejuvenating 200 historic industrial clusters across the nat...
- CoreOps.AI raised $3.5 million in new roundCoreOps.AI, a forward-thinking enterprise software startup, has clinched $3.5 million in pre-series A funding, reflecting significant confi...
- Hexaware in collaboration with AWS to deliver cloud adoption solutionsHexaware Technologies joins forces with Amazon Web Services (AWS) to enhance its offerings in migration, modernisation, and AI-driven solut...
- Sonata Software shares jump 3% on winning multi-million dollar modernisation deal in AustraliaSonata Software's shares rose over 3% after securing a multi-million dollar deal with an Australian access solutions leader. The deal invol...
- Infosys, Celonis ink partnershipThis partnership will enable customers to embark on long term transformation projects with significant operational savings, overcoming chal...
- Cognizant plans to up growth via smaller digital services dealsFirm taking a project-focused approach to become a more aggressive digital services provider.
- Indian banking,securities firms' IT spend to grow 13%: GartnerIndian banking and securities companies are expected to spend about Rs 41,700 crore on IT products and services in 2013.
- Banking, securities companies to spend Rs 41,000 crore on IT in 2013: GartnerThe forecast includes spending by financial institutions on internal IT, hardware, software, external IT services and telecommunications, i...
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