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Tier-1 IT firms may see 0-2% growth in Q2FY27 amid AI-led deflation and weak demand; mid-tier firms likely to post healthy gains, says Kotak report.
Microsoft announces general availability of Hyderabad cloud region, expanding to four regions in India to meet rising demand for AI and cloud services.
Meta's technical team meets MeitY Friday for compliance talks, covering WhatsApp, deepfakes, and Indian legal framework adherence. Sources confirm multiple meetings.
AI data centres over 20,000 sq m require environmental clearance, says MoS Kirti Vardhan Singh. Rules cover water, energy, and pollution compliance.
India strengthens IT Rules to curb AI deepfakes, cutting takedown time to 3 hours and grievance redressal to 2 hours. New labeling, traceability mandates.
PhonePe's Shivnath Thukral says UPI is expanding into digital lending, with millions yet to adopt digital payments. Cybersecurity remains a top priority.
Microsoft launches India South Central cloud region in Hyderabad with 3 availability zones, strengthening enterprise AI adoption and digital transformation across India.
Govt approves 20 indigenous AI foundation models and 237 subsidized compute projects under IndiaAI Mission, boosting tech self-reliance.
A Taggd study reveals 80% of enterprises adopt AI in recruitment, yet only 10% see measurable hiring improvements. Expert-human AI model TARA aims to bridge the gap.
India's data centre market strengthens globally, with Mumbai ranking 15th in capacity and Tier-II cities like Visakhapatnam emerging, per Knight Frank report.
Nandan Nilekani says India can become the AI use-case capital by building applications at scale, leveraging DPI and local languages.
China's new immersion DUV lithography system stuns experts, but commercial viability and yield rates face years of testing, reports say.
KPMG report: 76% of organizations use AI in financial planning. Competitive edge hinges on AI-centric models, governance, and data fluency, not just adoption.
Alphabet appoints Demis Hassabis as Chief Scientist, Koray Kavukcuoglu leads DeepMind, Jeff Dean exits. Gemini app tops 950M users.
Industry leaders stress scaling proven clean energy tech, not just innovation. Dr Ajay Mathur, AK Saxena highlight policy, investment barriers at Think Change Forum.
India's data centre capacity rose from 375 MW in 2020 to 1,575 MW now, driven by AI and high-performance computing. Govt outlines green measures in Lok Sabha reply.
Ministry of Minority Affairs adopts AI for digital governance, citizen services, and Haj Suvidha App, aligning with IndiaAI Mission for transparency and efficiency.
KPMG report: AI adoption in finance doubles to 75%, boosts decision-making and forecasting, but governance and data quality are critical for value.
OpenAI accuses Apple of filing a 'careless, aggressive and personal' lawsuit over trade secrets, citing errors in contact and false claims.
Civil Aviation Minister Ram Mohan Naidu visits injured Air India passengers after Phuket-Delhi flight turbulence; DGCA probes incident, passengers recount ordeal.
