October 14, 2026
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India’s leading IT companies are expected to report another subdued quarter as AI-driven pricing pressure and cautious client spending weigh on growth. Brokerages expect revenue growth for the country’s top six IT firms to range between 0.7% and 3.5% quarter-on-quarter in the July-September period, potentially marking the sector’s weakest sequential performance in three Continue Reading
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GE HealthCare is targeting more than a twofold increase in exports from India by 2030, while aiming for 75% of its India revenue to come from products designed and manufactured locally. The company has announced an ₹8,000-crore investment over five years, with around 30–35% already deployed across engineering, manufacturing and distribution. India is a key […]Continue Reading
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Finance Minister Nirmala Sitharaman has called for stronger and continuously updated safeguards around artificial intelligence, warning that society cannot be left to bear the risks if AI systems “go rogue”. Speaking at the Global Fintech Fest 2026, she urged the global AI industry to provide greater institutional accountability and credible assurances that safety measures Continue Reading
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India should create a dedicated forum to help technology companies engage with foreign governments and regulators in a coordinated way, Finance Minister Nirmala Sitharaman said on Friday. She said such a platform could help Indian firms address regulatory concerns before new rules create barriers to market entry. With Indian technology companies expanding overseas, Continue Reading
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Wipro’s artificial intelligence initiatives have improved productivity equivalent to the output of around 20,000 employees, according to the company’s Chief Technology Officer Sandhya Arun. Rather than replacing those workers, the freed capacity has been redeployed across other projects and roles as Wipro moves towards a “human-AI operating model.” The Indian IT giant, Continue Reading
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Microsoft has inaugurated its largest data center hub in India in Hyderabad, marking a significant step in strengthening its cloud and artificial intelligence (AI) infrastructure in the country. The new India South Central region becomes Microsoft’s fourth cloud region in India, joining existing facilities in Pune, Chennai, and Mumbai. The company has already secured Continue Reading
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ArcelorMittal Executive Chairman Lakshmi Mittal has identified India as one of the company’s biggest long-term growth markets, saying the country’s current development mirrors China’s growth trajectory from 25 years ago. He said India’s steel industry has significant room to expand over the next 30 to 40 years, creating major opportunities for the global steelmaker. The Continue Reading

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