India's IT services sector is being reshaped by artificial intelligence as clients demand more for less, according to a Reuters report. The shift is forcing companies like Tata Consultancy Services, I…
Indian IT stocks have recovered most of their first-half losses, with the Nifty IT index halving its year-to-date decline from 32% on July 1 to roughly 17%, as investors treat the sector as a cheap he…
Arcade AI, a San Francisco-based startup building an MCP runtime for AI agents, is hiring an AI Engineer for its Tools team, with the role based on-site in San Francisco. The company, backed by a Seri…
Infosys trimmed its full-year revenue growth forecast from 3.5% to 3% after reporting $5.08 billion in Q1 FY27 revenue, signaling that enterprise clients are reallocating budgets from traditional outs…
Applied Computing, a London-based startup building a foundation AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with Databricks Ve…
HCLTech won a $1.14 billion AI-driven IT contract from Mercedes-Benz, replacing Infosys as the incumbent vendor. The deal, running from July 2026 to December 2031, shifts from headcount-based outsourc…
Hariskumar Panakkal of Wipro presented at the MCP Dev Summit in Bengaluru on deploying Model Context Protocol architectures in enterprise banking, highlighting three mandatory constraints: out-of-band…
Arcade.dev raised $60 million in Series A funding led by SYN Ventures, with participation from Morgan Stanley and Wipro, to develop an authorization layer that controls what enterprise AI agents are a…
Arcade raised $60 million in a Series A round led by SYN Ventures, with participation from Morgan Stanley and Wipro, to secure AI agent access. The company provides an authorization platform for AI ag…
A new real-time tracker reveals AI-driven job displacement accelerating worldwide, with computer programmers, customer service reps, and data entry keyers most at risk. Young workers aged 22-25 face a…
Indian IT stocks fell sharply on Wednesday after a three-day rally, with TCS plunging 7% to Rs 2,280 and Infosys declining 4% to Rs 1,222, according to The Economic Times. The pullback followed a more…
Wipro's American Depositary Receipts surged up to 18.5% after the company announced an expanded partnership with ServiceNow to integrate agentic AI workflows across IT, HR, procurement, and other ente…
Indian IT giants TCS, Infosys, Wipro, and Tech Mahindra are positioning themselves to solve the AI deployment crisis facing U.S. companies, where 95% of generative AI pilots fail due to poor integrati…