it services
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TCS Prioritizes AI Skills Across Workforce, Driven by 'Civilizational Shift'
TCS Embraces AI, Encourages Revenue Cannibalization to Drive Innovation: CEO K Krithivasan Mumbai, February 25India’s largest IT services company, Tata Consultancy Services (TCS), has made it clear that it is not intimidated by artificial intelligence. Instead, the company is actively...- Karthik
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- ai adoption artificial intelligence chatgpt chief information officer digital transformation employee training generative ai india it services kotak mahindra bank mumbai revenue cannibalization skills development tata consultancy services technology governance
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- Forum: Business
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AI Disruption Looms Over IT Services Sector as Jefferies Cuts Targets, Flags Structural Shift
New Delhi, February 24: The IT services sector is entering a transformative phase as artificial intelligence reshapes traditional business models, with brokerage firm Jefferies warning of deeper structural changes ahead.According to the latest Jefferies report, AI-driven disruption is set to... - K
IBM Shares Plunge 13% in Biggest Single-Day Fall in 25 Years Amid AI Disruption Fears
IBM Stock Sees Sharpest Drop Since 2000 Shares of IBM recorded their steepest single-day decline in more than 25 years on February 24, after fresh concerns emerged over how artificial intelligence could disrupt one of the company’s most stable revenue streams.The stock tumbled 13.2 per cent to... - K
HCLTech CEO C Vijayakumar Says AI Transition Will Be Painful but Indian IT Sector Has Strong Future
Indian IT Sector at a Critical Inflection Point Amid AI Disruption Mumbai, February 24: Amid rising concerns over job security and the long term relevance of India’s nearly USD 300 billion IT services sector, HCLTech Managing Director and Chief Executive Officer C Vijayakumar said the ongoing... - K
Nandan Nilekani Says AI Will Transform Software Development, Writing Code No Longer Core Task
Infosys Chairman Calls AI Shift a “Root-and-Branch” Change at Investor Day Bengaluru, February 17: Nandan Nilekani, Co-founder and Chairman of Infosys, said on Tuesday that artificial intelligence will fundamentally alter how software is built and deployed, marking a structural shift in the... - K
Budget 2026-27: India Positioned as a Global AI Infrastructure Hub
Mumbai, February 14 – The tax holiday for foreign cloud service providers aims to “provide investment certainty, anchor high-value digital infrastructure within the country, and strengthen India’s role in global digital value chains,” the government said on Saturday.The government has...- Karthik
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- ai infrastructure budget 2026-27 cloud computing data center capacity data centers digital infrastructure electronics components foreign cloud service providers india india semiconductor mission investment it services semiconductor manufacturing tax incentives unctad
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- Forum: Business
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JP Morgan: AI Creates New Opportunities for IT Services
New Delhi, February 14 – Artificial intelligence (AI) is unlikely to replace IT services companies anytime soon, according to a new report by JP Morgan's Asia Pacific Equity Research team.Instead of shrinking the industry, AI is expected to become another tool that helps companies deliver more... - K
India AI Summit: A Key Moment for the Global South
Washington, February 14 – Calling the upcoming India AI Impact Summit a “key event,” Dell Technologies senior executive Vivek Mohindra said the gathering marks a pivotal moment for India and the broader Global South as artificial intelligence reshapes economies and governance.“This is the...