Tag: IT services
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
Tamil Nadu, ANSR Sign MoU to Boost GCC Expansion
The Government of Tamil Nadu has signed a major Memorandum of Understanding with ANSR to scale Global Capability Centres (GCCs) in the state. The...
IndiaAI CEO Warns IT Sector of AI Coding Disruption
India’s decades-long advantage in software services is at risk as AI-powered coding tools from OpenAI, Google, Anthropic and others rapidly increase in capability. Speaking...
LTIMindtree Secures $100 Million Global Chemicals Contract
LTIMindtree, a global technology consulting and digital solutions company, has secured a multi-year strategic contract worth just over $100 million with a leading U.S.-based...
India-UK FTA Set to Boost Key Sectors by 2030
India and the United Kingdom have finalized a historic free trade agreement (FTA) after three years and 14 rounds of negotiations. The deal is...
India’s GCC Workforce to Reach 3 Million by 2030: FirstMeridian
India’s Global Capability Centre (GCC) workforce is projected to grow significantly over the next few years, reaching 3 million professionals by 2030, according to...
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...
Services Exports Should Surpass Goods in FY26: Goyal
Commerce and Industry Minister Piyush Goyal has urged India’s services sector to set its sights on surpassing merchandise exports in the next financial year,...
Global Tech Spending to Hit $4.9 Trillion by 2025: Forrester
A new Forrester report forecasts that global technology spending will grow to $4.9 trillion by 2025, marking a 5.6% annual growth rate. The expansion...
