There has been a lot of concern around Indian IT majors in recent days that AI would significantly impact their business. Now Infosys has announced a strategic collaboration with Anthropic, to develop and deliver advanced enterprise AI solutions to companies across telecommunications, financial services, manufacturing, and software development. Collaboration launches in telecommunications with dedicated Anthropic Center … Read more
Private equity (PE) firms in India are increasingly opting for buyouts and majority stake acquisitions, marking a shift from the traditional model of minority investments, The Times of India (TOI) reported. While minority investments continue to dominate overall deal value, buyouts are emerging as a significant segment. Between 2021 and 2025, buyouts accounted for 24% … Read more
Zoho co-founder Sridhar Vembu has pushed back against fears of mass job losses, saying white-collar roles will not vanish anytime soon because of artificial intelligence, in contrast to warnings made earlier by Microsoft AI’s chief executive officer, Mustafa Suleyman. Responding to another post on X (formerly Twitter), Vembu wrote, “The quoted post makes a strong … Read more
The Gujarat government on Friday appointed Uday Kotak as the chairman of Gujarat International Finance Tec-City Company Ltd. (GIFT City), as per an ET Now report. Kotak is one of India’s most prominent bankers and entrepreneurs, widely recognised as the founder of Kotak Mahindra Bank, one of the country’s leading private-sector banks. Under his leadership, … Read more
Edelweiss Financial Services (EFSL) is divesting majority of it’s stake in the Home Finance Business. The subject business is currently under Nido Home Finance Limited (Nido), a wholly-owned subsidiary of EFSL. EFSL is divesting 73% stake of this entity through a mix of primary and secondary to Carlyle group and Aditya Puri Family investment vehicle. … Read more
Reaffirming confidence in the ‘Dravidian model’ of governance, Chief Minister M. K. Stalin said on Monday (February 9, 2026) that Tamil Nadu had grown to compete with nations in attracting investment. He was speaking after inaugurating the ₹9,000-crore Tata Motors Jaguar Land Rover (JLR) passenger car manufacturing plant and rolling out the first Range Rover … Read more
The U.S.-Bangladesh Agreement on Reciprocal Trade has led to concerns among Indian textile and apparel exporters who were looking forward for a competitive advantage over Bangladesh with the 19% tariff for Indian goods in the U.S. because of the interim trade deal between India and America. According to the U.S.-Bangladesh Agreement on Reciprocal Trade, “The … Read more
An Indian-born executive is now at the centre of a market shock that wiped out billions of dollars from global software and IT services firms. Rahul Patil, the chief technology officer of AI startup Anthropic since October 2025, is being credited with driving the shift behind the company’s latest Claude release, which jolted investors and … Read more
A planned $600 billion artificial intelligence spending splurge by big tech firms in 2026 is adding to investor unease as they assess the implications for profitability as well as a potential existential threat to software firms. Shares of Amazon, which had announced a $200 billion capital expenditure outlay, slid 7% on Friday while Alphabet lost … Read more