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SOFTWARE AND SERVICES INDUSTRY IN INDIA
SAP tightens hiring, travel spend as it ramps up AI investmentsGerman tech giant SAP is strategically curbing hiring, travel, and external spending to fuel its ambitious artificial intelligence investme...04 Jul, 2026, 11.18 AM IST- Ashwini Vaishnaw directs MeitY to summon Meta regarding Instagram ads promoting child sexual abuse materialIndia's IT Ministry has summoned Meta over allegations that Instagram ads promoted child sexual abuse material. Officials are also concerne...04 Jul, 2026, 12.44 AM IST
- June services growth hits 17-month low as client interest fadesIndia's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business expansion als...04 Jul, 2026, 12.30 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
- Guardrails in the works to prevent tampering with EV batteriesAuthorities are set to introduce stringent measures to prevent tampering with electric two and three-wheeler batteries. New regulations wil...03 Jul, 2026, 12.48 AM IST
- Tata Technologies expands partnership with Tenneco in $100 million dealTata Technologies and Tenneco LLC have inked a significant five-year deal exceeding $100 million to boost engineering and digital transform...02 Jul, 2026, 02.40 PM IST
- From deep correction to fresh peaks: 10 stocks soar from 52-week lows to new highs in just three monthsSeveral large-cap Indian companies have seen their stock prices surge from 52-week lows to highs within just three months. This impressive ...02 Jul, 2026, 06.39 AM IST
- KPIT outlook shock sends IT stocks sliding as growth worries intensifyMid-cap IT stocks faced a significant downturn Wednesday, led by KPIT Technologies' warning of a near-term revenue slowdown. This has ampli...02 Jul, 2026, 05.31 AM 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
- Russia warns Apple of $52 million fine over alleged bias against local appsThe Federal Antimonopoly Service said Apple must ensure Russian software, including search engines and messenger Max, is pre-installed on...01 Jul, 2026, 11.10 PM IST
- Decoding BPM 3.0 at the intersection of agility, adaptability, and AIThe dawn of BPM 3.0 is here and it is marked by what industry experts term as “process reimagination”. For the three-and-a-half to close to...01 Jul, 2026, 05.14 PM IST
- AI skills power nearly two-thirds of new GCC hiring in IndiaIndia's white-collar hiring saw a dip in June, yet its Global Capability Centres (GCCs) are booming, especially in AI. GCCs are shifting fr...01 Jul, 2026, 02.41 PM IST
- Fermac AI Systems and RockyEmbed: Advancing India's AI FutureFermac AI Systems is an Indian AI company developing innovative AI solutions and industry-focused training programs. Its flagship model, Ro...30 Jun, 2026, 02.59 PM IST
- Venture capitalist Chamath Palihapitiya's 8090 raises $135 million led by Salesforce VenturesAnnounced by Palihapitiya on Monday, the round also drew participation from WNDR, Craft Ventures, The Production Board, and LAUNCH, along w...29 Jun, 2026, 11.21 PM IST
- Hexaware Technologies shares jump 8% after securing Anthropic authorised reseller status for Amazon BedrockHexaware Technologies shares rose sharply on Monday after the IT services company became an Anthropic Authorised Reseller for Amazon Bedroc...29 Jun, 2026, 11.38 AM IST
- Of service to the State: Bengal should prioritise high-skill services, sidestep constraints that make manufacturing difficultWest Bengal's new budget prioritizes job creation, but the path through manufacturing faces significant hurdles like fragmented land and in...28 Jun, 2026, 11.35 PM IST
- 3x salary hike in just one year: Employee reveals the risky decision that helped him jump from 7.8 LPA to 24.8 LPA incomeA Java Full Stack Developer shared on Reddit how he nearly tripled his salary within a year, increasing his package from 7.8 LPA to 24.8 LP...24 Jun, 2026, 11.04 PM IST
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