IT
Deep tech to drive India's Unicorn 2.0 wave: Infosys co-founder Kris Gopalakrishnan
India's next generation of major startups needs deep technology and advanced manufacturing. This shift is crucial for the nation's self-reliance. Infosys co-founder Kris Gopalakrishnan calls this 'Unicorn 2.0'. Founders should focus on proprietary technology for long-term success. This approach will drive economic and strategic growth for India.
Infosys non-committal on pay hikes, keeps employees guessing
Infosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and client spending. Employees expressed disappointment as the company has not yet decided on wage hikes, with a four-month delay in communication already observed. This comes as Infosys forecasts cautious revenue growth for 2026-27.
TSMC projects 70% annual growth in 2nm capacity through 2028
TSMC anticipates substantial growth in its 2-nanometer chip production from 2026 to 2028. The company is also preparing its new A13 process for volume production in 2029. This advanced technology aims to meet the increasing demand for artificial intelligence and high-performance computing. TSMC continues to expand its manufacturing capabilities globally to support future chip designs.
Karnataka invites institutions to hold tech training camps across the state
KITS is inviting institutions to host technology training camps across Karnataka. The Local Economy Accelerator Programme aims to boost local innovation and skilling. This initiative will bring industry-relevant training to smaller cities. It focuses on bridging the gap between talent and job opportunities. Selected institutions will collaborate with industry partners.
India outlines two-phased DPI roadmap to achieve $30 trillion economy by 2047
India plans a two-phase strategy for Digital Public Infrastructure. DPI 2.0 from 2025 to 2035 builds capable citizens. DPI 3.0 from 2035 to 2047 drives prosperity through innovation. This aims for mass inclusion and economic growth. The plan targets MSMEs, farmers, education, and health. It seeks to empower citizens and foster local economic development for a stronger India by 2047.
Tepid FY27 revenue growth awaits top 5 IT services companies
India's leading IT companies expect modest revenue growth in FY27. Geopolitical issues and economic challenges are impacting client spending. AI is also causing price pressures. Despite these headwinds, companies are maintaining stable margins. Analysts are watching for benefits from new AI services. The focus will be on cost management and capability expansion.
Cost pressures part of normal market evolution, says LTM CEO
LTM CEO Venu Lambu downplayed AI-led deflation concerns, framing pricing pressures as normal market evolution requiring adaptation. He emphasized execution as the key challenge amidst a generational technology shift, with LTM restructuring into three service lines, including a new business AI unit, to drive growth and double revenue.
Indian IT faces AI reset as top 5 firms post mixed FY26
Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing revenue deflation in legacy services. However, this near-term compression is being offset by a multi-billion-dollar surge in new AI-native engagements, prompting a decisive shift in client priorities from sheer scale to modular, outcome-driven contracts.
Amaravati to be developed as ‘world’s quantum valley’: Chandrababu Naidu
Andhra Pradesh aims to become a global 'quantum valley' for AI and data centres, attracting significant FDI. Chief Minister Naidu announced plans for a digital, knowledge-driven ecosystem, emphasising a '4P' partnership model. The state is also a leader in clean energy, contributing substantially to India's green energy goals and attracting major investments in data infrastructure.
Upskilling critical as AI disrupts India’s IT sector: Arundhati Bhattacharya, Salesforce
India's IT sector faces a critical juncture as AI reshapes the industry, necessitating rapid workforce upskilling. Salesforce India CEO Arundhati Bhattacharya highlighted that while job disruption is unavoidable, new roles will emerge. She emphasized India's young, adaptable talent pool as a key advantage for continued global relevance, urging a proactive embrace of these transformative changes.
