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'Gen AI will not lead to hiring decline'

Bengaluru, Feb. 20 -- Tata Consultancy Services Ltd's CEO K. Krithivasan has said that Generative AI (Gen AI) will not lead to a hiring decline. "We may probably need to change the way we train peopl... Read More


India's AI market to reach $17 bn by 2027: Report

Mumbai, Feb. 20 -- India's AI market is expected to grow at a compounded annual growth rate (CAGR) of 25-35% to $17 billion by 2027, according to a report by Nasscom and the Boston Consulting Group. ... Read More


India's got three times more AI-skilled talent than other countries: Report

Mumbai, Feb. 20 -- India has three times more AI-skilled talent than other countries and this talent pool is expected to see a robust 15% compound annual growth rate through 2027, according to a joint... Read More


'Tech sector at $254bn in year of uncertainty'

Bengaluru, Feb. 16 -- India's technology and tech services industry is expected to conclude FY24 with net revenues of $253.9 billion, up by a modest 3.8% from a year earlier in a difficult year for be... Read More


After $1.5-bn blow last year, Infosys scores a $300-mn win

New Delhi, Feb. 15 -- Bengaluru: Recovering from the loss of a billion-dollar deal in December, Infosys has kicked off 2024 with momentum, securing two significant contracts. The most recent is a $300... Read More


Infosys-Pacific International deal valued at $300 million

Bengaluru, Feb. 15 -- Recovering from the loss of a billion-dollar deal in December, Infosys has kicked off 2024 with momentum, securing two significant contracts. The most recent is a $300 million co... Read More


Infosys McCamish cyber incident in October led to data breach at BofA

Bengaluru, Feb. 14 -- A cybersecurity attack at Infosys McCamish in October 2023 led to a data breach, affecting 57,028 Bank of America (BofA) customers, Mint has learnt. The incident was detected on... Read More