Tag: Infosys

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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Infosys Launches AI-First GCC Transformation Model

Infosys has launched a new AI-First GCC Model designed to help global enterprises build, scale and modernise their Global Capability Centres (GCCs) as AI-driven...

AI-Led Revival: Indian IT Sector Sees Demand Uptick

India’s $283 billion IT services industry is showing the first signs of a turnaround, with leading firms like Infosys, Wipro, and LTIMindtree reporting stronger-than-expected...

Infosys Wins ₹14,000 Cr NHS Contract to Digitize Workforce

In a landmark win for Indian IT giant Infosys, the company has secured a £1.2 billion (₹14,000 crore) contract from the NHS Business Services...

Trump Slaps $100K Fee on H-1B Visa, IT Firms React

In a move sending shockwaves through India’s $283 billion IT services industry, former U.S. President Donald Trump has proposed a $100,000 fee for new...

Infosys Launches AI and Cybersecurity Centre in Hubballi

Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised...

Infosys Opens New TechFin Hub in GIFT City

Infosys has inaugurated a new state-of-the-art Development Center (DC) in Gujarat International Finance Tec-City (GIFT City), Gandhinagar. The global IT major announced that the...

Infosys Acquires Australia’s The Missing Link

Infosys has announced the acquisition of Australian cybersecurity services firm The Missing Link for approximately ₹532 crore (AUD 98 million), through an all-cash transaction...

Infosys Expands into GCCs Under New Leadership

Infosys has taken a decisive step in scaling its presence in the Global Capability Centre (GCC) space by launching a dedicated GCC practice, with...

Infosys Offers Upskilling After Layoffs Hit 240

Amid ongoing market challenges and subdued demand, Indian IT major Infosys has reportedly laid off an additional 240 entry-level employees after they failed to...

Nandan Nilekani on India’s AI Readiness

At the Carnegie Global Technology Summit 2025, Infosys Co-Founder and Chairman Nandan Nilekani urged caution amid the excitement around artificial intelligence, stating that despite...

Infosys Under Fire as Sacked Employees Appeal to PMO

The Prime Minister’s Office (PMO) has received over 100 complaints from former Infosys employees, urging reinstatement and action to prevent future mass dismissals. The...

Infosys Unveils Open-Source Responsible AI Toolkit

Infosys has introduced an open-source Responsible AI toolkit aimed at addressing AI-related risks and ethical concerns. This initiative is part of the Infosys Topaz...