Tag: IT services

CSM Technologies Achieves ISO/IEC Certification, Formalises AI Governance Framework Across GovTech Portfolio

The independent certification covers CSM's AI, machine learning and generative AI solutions, and comes as clients and regulators worldwide push for stronger AI oversight CSM Technologies Limited, a Bhubaneswar-headquartered GovTech and enterprise IT solutions company, has been certified to ISO/IEC 42001:2023, the world's first international standard for Artificial Intelligence Management Systems (AIMS). The certification follows an independent audit and covers the company's end-to-end technology services....

Can UPI Become the Native Payment Interface for Billions of AI Agents?

By Vijeth Shivappa As AI agents begin searching, negotiating and purchasing on behalf of people and enterprises, the strategic question is no longer whether machines will transact—but how human authority, payment execution and accountability will be connected. Artificial intelligence is rapidly moving beyond answering questions and generating content. The next phase of AI will involve autonomous agents that search for products, negotiate with service providers, book...
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Budget 2026: Cloud Tax Holiday Extended to 2047; IT Safe Harbour Threshold Rises 10x

The Union Budget 2026 has extended a 21-year tax holiday, valid until 2047, for foreign cloud service providers that use Indian data centres to...

TCS Enters Salesforce Top 5 via Coastal Cloud

Tata Consultancy Services has acquired Coastal Cloud, a leading US-based Salesforce consulting firm, for $700 million in an all-cash deal. The acquisition marks TCS's...

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...