Tag
Artificial Intelligence
31 articles
India's position as a global hub for artificial intelligence and related technologies is rapidly strengthening, fueled by strategic partnerships, significant investments, and robust domestic growth. A surge in GCC (Global Capability Centers) adoption, with 32% growth since 2021 and 64% embedding AI/ML, underscores the increasing demand for AI talent and infrastructure. Government initiatives, including the India-Japan AI partnership and the Digital India program, are driving investment in semiconductors, language models, and digital governance, while companies like Happiest Minds, Birlasoft, and Mphasis are integrating AI into their core strategies and reporting strong financial results. This momentum, coupled with a focus on responsible AI governance and human capital development, suggests continued expansion and innovation within India's AI ecosystem.
Smartail, Nexus Hub Partner for AI Education
Smartail Pvt Ltd and Nexus Innovation Hub announced a strategic partnership to accelerate AI adoption in education across Andhra Pradesh.
The collaboration will deploy Smartail’s DeepGrade AI assessme
Happiest Minds Reports 12.3% FY26 Revenue Growth to ₹2,315 Cr
Happiest Minds reported 12.3% revenue growth to ₹2,315 crore and 15.1% PAT growth to ₹212.6 crore for FY26 with a final dividend of ₹3.65 per share.
The company launched its 'AI First. Agile Always' s
Birlasoft FY26 Reports Marginal Profit Growth, Dividend, ESG Leadership
Birlasoft reported FY26 consolidated revenue of ₹53,100 million with EBITDA margin expansion of 333 bps to 16.3%, while PAT remained stable at ₹5,184 million with 0.3% growth.
The company strengthened
Nasscom-Zinnov Report Shows 32% GCC Growth
India hosts 2,117 GCCs across 3,728 units employing 2.36 million professionals as of FY26.
Number of GCCs rose 32% since FY2021, with 506 Forbes Global 2000 firms now operating in India.
Over 1,200 GC
India-Japan Summit Announces $10 Billion Investments, AI Defense Partnerships
India and Japan announced over $10 billion in Japanese investment through 100+ business agreements signed in the past year.
The nations launched their first defense co-development project for Naval Ra
India-Japan AI Partnership to Enhance Tech Resilience
India and Japan announced a strategic AI partnership to build resilient supply chains and enhance competitiveness through joint R&D.
Signed three MOUs between Indian and Japanese institutions for LLM
Ramco Systems appoints Sandesh Bilagi as CEO
Ramco Systems appointed Sandesh Bilagi as Chief Executive Officer to lead global growth and AI transformation.
The company achieved six consecutive quarters of operational profitability through FY2026
Court Overturns NCLT Orders on AI Citations
Supreme Court set aside NCLT and NCLAT judgments in appeal 11950/2025, citing reliance on non‑existent AI‑generated case law.
The appellant, suspended Essel Infraprojects director, contested a Section
Dr Jitendra Singh Advocates Human-Led AI Governance
Union Minister Dr Jitendra Singh concludes 29th National e-Governance Conference, emphasizing human-led AI for Viksit Bharat 2047 vision.
National e-Governance Awards 2026 presented to 17 digital init
Mphasis Announces FY26 Results, ₹62 Dividend and AGM
Mphasis reported consolidated revenue of ₹158.8 billion for FY26, an 11.6% increase, with net profit of ₹18.6 billion and proposed final dividend of ₹62 per share.
The company completed multiple acqui
Amagi Hosts AI in Media Webinar on July 7
Amagi Media Labs will host a webinar titled 'AI in Media' on July 7, 2026, from 3:30 PM to 4:30 PM IST.
The session will focus on AI's role in driving operational efficiency, content intelligence, and
RS Software India Reports FY26 ₹28.59 Crore Consolidated Loss
RS Software India reported a consolidated net loss of ₹28.59 crore for FY26, a significant decline from a profit of ₹9.64 crore in FY25, driven by a 56% revenue drop to ₹25.60 crore.
The company is tr
NIIT Announces World Digital Architect Conclave 2026
NIIT Limited announces its fourth World Digital Architect Conclave 2026, expanding it into a global platform for digital architecture professionals.
The event will be held on July 3, 2026, in Bengalur
Shipwaves Online Receives USD 43k FleetMon Order
Shipwaves Online Limited received a USD 43,000 order from OiLSERV FZCO for AI-powered FleetMon platform implementation.
The contract involves digitizing domestic road transportation operations over a
Infosys 45th AGM Highlights AI Strategy and FY2026 Results
Infosys held its 45th AGM, reporting FY2026 revenue of $20.2B with 3.1% constant currency growth and a 21% operating margin.
The company announced a final dividend of ₹25 per share, bringing the total
29th National E-Governance Conference Begins in Jaipur
The 29th National Conference on e-Governance begins July 1-2 in Jaipur with theme 'Viksit Bharat 2047: AI-enabled, Data-driven & Secure Digital Governance'.
Dr. Jitendra Singh will confer National Awa
CarTrade Tech FY26 PAT Up 68% to ₹244 Crores
CarTrade Tech reported FY26 PAT of ₹244 Cr, a 68% YoY increase, with 50%+ YoY EBITDA growth for 12 consecutive quarters.
The Consumer Group revenue grew 30% YoY to ₹308 Cr, driven by new AI products l
Tanla Platforms FY26 Reports 9.7% Revenue Growth to ₹4,418 Cr
Tanla Platforms reported FY26 revenue growth of 9.7% to ₹4,418 Cr with PAT of ₹509 Cr and maintained strong cash flow generation of ₹477 Cr.
The company deployed Wisely.ai with Indosat Ooredoo Hutchis
Digital India 11-Year Progress: AI, Semiconductors, UPI Dominance
Digital India celebrates 11 years with ₹1.64 lakh crore approved across 12 semiconductor projects, including one fab unit and nine packaging units.
IndiaAI Mission establishes 45,000 GPU compute facil
Rural Development Ministry Organizes AI Workshop for Rural Transformation
Ministry of Rural Development organizing national workshop on leveraging AI for rural development at Bharat Mandapam on June 25, 2026.
Workshop brings together NITI Aayog, IndiaAI Mission, industry le
Dev IT Q4 FY26 Net Profit Surges to ₹8.96 Crore
Dev IT reported Q4 FY26 consolidated net profit of ₹8.96 crore, a massive increase from ₹1.13 crore in Q4 FY25, with EBITDA growing 68.5% to ₹5.04 crore.
The company formed strategic partnerships with
HGS FY2026 Results: Revenue ₹4,307cr, Dividend ₹5/Share
HGS reported FY2026 revenue of ₹4,307 crores and EBITDA of ₹649 crores with a 13.4% margin, recommending a final dividend of ₹5 per share.
The company signed 79 new clients, its strongest year ever, a
Blue Cloud Softech Q4 FY26 Earnings Call Transcript
Blue Cloud Softech disclosed a confirmed order book of ₹1,100 crore for FY27 and reiterated its ₹3,000 crore revenue guidance for the fiscal year.
Management reported Q4 EBITDA margin expansion to 17%
Exato Technologies FY26 Revenue Up 35%, PAT Rises 67%
Exato Technologies reported strong FY26 results with revenue growing 35% to ₹168 crore and PAT surging 67% to ₹16.09 crore, while expanding PAT margins from 7.7% to 9.5%.
The company expanded internat
DC Infotech FY26 Revenue Up 32.6%, PAT Rises 46.3%
DC Infotech reported FY26 revenue of ₹736.97 crore, a 32.6% YoY growth, and PAT of ₹21.21 crore, up 46.3% YoY.
Management outlined strategic priorities focused on AI infrastructure, cybersecurity, clo
Xelpmoc Q4 Revenue INR10.8M, Portfolio Value INR72.67Cr
Xelpmoc reported Q4 FY26 consolidated operating revenue of INR10.8 million, up from INR7.1 million in Q4 FY25, with 100% revenue from corporate segment.
Company's investment portfolio fair value stood
HGS Q4 Revenue at ₹1,085 Crore
HGS reported Q4 FY2026 revenue of ₹1,084.7 crore with EBITDA margins of 15.7%, and full-year revenue of ₹4,307.4 crore.
The company achieved a record 79 new client signings across BPM and Digital serv
CapitalNumbers FY26 Revenue Up 9.4%, Targets 35% Growth
CapitalNumbers reported FY26 total income of INR115.60 crores, a 9.4% YoY growth, with an EBITDA margin of 31% and PAT of INR25.50 crores.
Management announced a planned INR40 crore acquisition of Epi
Indegene Named Leader in Life Sciences Digital Services
Indegene recognized as Leader in ISG Provider Lens™ for Life Sciences Digital Services in Commercial Operations - Digital Evolution quadrant for 2026.
Assessment highlights company's domain expertise,
LTM Named Market Leader in HFS IT Infrastructure Report
LTM recognized as Market Leader in HFS Horizons: Next-gen IT Infrastructure Services, 2026 report by HFS Research.
Report evaluates providers across AI readiness, hybrid architectures, regulatory comp
Google Breaks Ground on Vizag AI Hub
Google commenced construction on its $15 billion India AI hub in Visakhapatnam, developed in partnership with AdaniConneX and Nxtra by Airtel.
The gigawatt-scale AI ecosystem includes three data cente