IT

Coforge has announced the acquisition of Encora in a $2.35 billion transaction, marking one of the most consequential consolidations in the mid-tier IT services space. The deal significantly expands Coforge’s digital engineering, cloud, and data capabilities while strengthening its presence in high-growth markets. By combining complementary client portfolios and delivery strengths, the acquisition positions Coforge for accelerated revenue growth and deeper engagement with large global enterprises.

India’s equity markets witnessed a sharp uptick in investor wealth, with the combined market capitalization of leading companies rising by Rs. 75,257 crore in a single session. The gains were led by information technology heavyweights Tata Consultancy Services and Infosys, reflecting renewed optimism around the sector amid improving global cues. Broader market sentiment was supported by selective buying in frontline stocks, as investors positioned themselves ahead of key economic data and earnings updates.

India’s AI and IT job market is undergoing a structural shift as companies increasingly prioritize sector-specific technological solutions to improve efficiency and competitiveness. Rather than hiring for generic tech roles, industries such as healthcare, finance, manufacturing, and retail are turning to specialized digital capabilities—from predictive analytics and automation to cloud-based enterprise tools. This shift has triggered a surge in demand for niche talent equipped with both domain expertise and advanced technological skills.

India’s technology landscape is poised for a significant leap as Tata Consultancy Services (TCS) and global investment major TPG unveil a joint plan to invest Rs. 2 billion in advanced AI-focused data centers. The initiative marks one of the most ambitious technology infrastructure commitments in recent years, aimed at accelerating enterprise adoption of artificial intelligence, cloud computing, and high-performance workloads. The proposed facilities will support scalable AI models, sovereign cloud requirements, and data-intensive applications across industries.

A recently surfaced video of Infosys’ canteen from the 1990s has gone viral on social media, sparking nostalgia and discussions about corporate culture in India’s IT sector. The footage showcases employees enjoying meals in a modest, yet lively, cafeteria environment, reflecting the early days of India’s burgeoning technology industry. Analysts note that the clip provides insight into workplace camaraderie, operational simplicity, and the evolution of employee welfare practices over three decades.

Andhra Pradesh IT Minister has embarked on a strategic visit to Australia to attract foreign investment and forge collaborations in technology, innovation, and digital infrastructure. The delegation aims to strengthen ties with Australian tech firms, venture capitalists, and academic institutions, positioning the state as a preferred destination for IT-enabled services, software exports, and startup incubation. Discussions are centered on joint research initiatives, skill development programs, and sustainable technology projects.

The Vibrant Gujarat Summit 2025 concluded with a record signing of 1,200 Memorandums of Understanding (MoUs), collectively valued at Rs 3.24 lakh crore, signaling strong investor confidence in the state’s economic prospects. The event attracted domestic and international investors across sectors such as manufacturing, renewable energy, IT, and infrastructure. State and central government officials emphasized the MoUs’ potential to create employment, boost regional development, and strengthen India’s manufacturing and export capabilities.

Tata Consultancy Services (TCS) reported strong financial performance for the second quarter, posting a rise in both profit and revenue, underscoring resilience in its IT services business despite macroeconomic headwinds. Consolidated revenue increased to Rs. [insert accurate figure], driven by sustained demand across digital transformation, cloud services, and enterprise solutions. Net profit expanded by [insert percentage or Rs. amount], reflecting operational efficiency and cost management.

Tata Consultancy Services (TCS) has announced the acquisition of ListEngage, a leading U.S.-based Salesforce digital marketing services firm, in a deal valued at approximately Rs. 607 crore (USD 72.8 million). The acquisition marks a strategic move by TCS to enhance its Salesforce cloud offerings, expand its presence in North America, and bolster its customer experience solutions portfolio.

Infosys has partnered with Telenor to modernize its human resources operations through a comprehensive Oracle Cloud implementation. The initiative aims to streamline HR processes, enhance employee experience, and drive operational efficiency across the telecom company’s workforce. Leveraging Oracle Cloud’s advanced capabilities, Telenor expects improved payroll management, talent acquisition, and performance analytics. This digital transformation reflects the broader trend of enterprise adoption of cloud-based solutions to optimize human capital management.