Software Financial News
26.02 / 02:33
markets
Software
Enterprise
wellness
Bill
Updates
Doom scroll: Just how hard will artificial intelligence hit the business models of IT service companies?
Big Tech’s acceleration of Agentic AI hangs like a sword of Damocles over traditional IT services. Consequently, global tech and Indian IT stocks lurch between optimism and unease as investors weigh the impact of these artificial intelligence (AI) tools on a services model built largely on billing human effort. The debate has moved beyond incremental automation to deeper concern over AI agents that can generate code, test applications and manage infrastructure.
25.02 / 11:43
markets
Target
Software
innovations
information
reports
Updates
Mint Explainer: Are India’s IT giants actually ready for AI?
On Tuesday, information technology industry body Nasscom projected a flat pace of growth for India’s tech services sector in the coming fiscal years. The previous day, brokerage firm Jefferies reduced its target prices of India’s Big Four IT firms.
25.02 / 01:59
markets
UPS
CEO
Software
performer
reports
Interviews
Tech firms aren’t just encouraging their workers to use AI. They’re enforcing it.
. Employees get an AI competency score from one to five—scoring a five if they create systems that improve the workflow of others. He has also created a new award: Whoever comes up with the most effective AI-driven process wins a vacation stipend worth several thousand dollars.He won’t consider hiring candidates without AI fluency.
24.02 / 08:39
markets
Software
Research
wellness
Features
Updates
International
AI’s impact on human employment will vary in line with what tasks are open to automation
The AI Impact Summit held last week brought many members of the global technology royalty to New Delhi. It also featured the launch of India’s first multi-billion parameter large language model, saw announcements of big investments in artificial intelligence (AI) infrastructure and ended with an international declaration on the need for democratic diffusion of AI. Venture capitalist Vinod Khosla set the cat among the pigeons by saying that AI may destroy the software services and business processing outsourcing businesses that are so important to the Indian economy.
23.02 / 10:39
UPS
Waters
Platform
Software
Experts
medicines
Job apocalypse? Not yet. AI is creating brand new occupations
Subscribe to enjoy similar stories. A mock job advertisement that has done the rounds recently calls for a “killswitch engineer" for OpenAI, maker of ChatGPT. The description requires the successful applicant to stand by servers all day and unplug them “if this thing turns on us".
23.02 / 01:19
markets
Waves
Ripple
Manufacturing
Software
Markets are churning furiously beneath a calm surface
Subscribe to enjoy similar stories. AN INVESTOR WAKING from a stupor that began on New Year’s Eve might question whether they had missed anything. The S&P 500 share index of big American firms sits almost exactly where it did at the end of 2025: nearly at a record high.
22.02 / 01:51
markets
Google
Software
Enterprise
NVIDIA
Trade
reports
Code unknown: What is spooking IT stocks?
Subscribe to enjoy similar stories. Artificial intelligence (AI) has come for the software industry. Since early January, software stocks across the world have tumbled sharply on investor fears that much of the business that software companies do will be taken over by AI, and by new AI giants such as Anthropic and OpenAI, among others.
20.02 / 23:39
markets
Software
Enterprise
Research
Healthcare
IBM
rights
‘Pursuing three-year plan for India as top growth market for IBM’
New Delhi: Global tech giant IBM is sharply focusing on increasing its role in the Indian technology ecosystem, with a targeted three-year plan to offer generative AI-based services and integration especially for public services.In an interview with Mint, Ana Paula Assis, the company’s chairperson for Asia-Pacific, Middle-East and Africa, said IBM views India’s enterprise and public-sector use cases as large business opportunities.“The public sector is one of the biggest opportunities for deployment of AI. There’s no denying that AI is a transformational technology, but enterprises are so far not spending extensively on AI because they are still waiting and watching the technology.
20.02 / 09:47
markets
Digital
Strategy
Software
Sustainability
country
Updates
Germany's talent deficit pushes Siemens to make India a key global capability hub, says board member Judith Wiese
Judith Wiese, board member and chief people and sustainability officer at Siemens AG, cautioned that Germany will lose 15-20% of its workforce over the next decade due to demographics. And this is why India is “central” to Siemens' strategy of a capability hub.In an exclusive interaction with Mint, Wiese assuaged fears of AI-led layoffs, marked out workplace shifts since the pandemic and spoke on how data centres do guzzle energy, but that challenge needs to be dealt with responsibly.Some things have stayed since covid, particularly hybrid work. In India and China, more employees prefer working from the office.
20.02 / 00:55
markets
UPS
Provident
Platform
Software
Enterprise
Research
Anthropic and OpenAI are the new darlings of Indian IT
Subscribe to enjoy similar stories. Bengaluru/New Delhi: Tata Consultancy Services Ltd (TCS) and Infosys Ltd’s partnerships with OpenAI and Anthropic could prove a win-win for India’s under-pressure technology sector and the fast-growing artificial intelligence (AI) firms. The tie-ups echo earlier strategic pivots that powered expansion in enterprise software two decades ago and cloud services a decade later.
19.02 / 15:55
markets
COST
CEO
Software
performer
country
AI costs are dropping fast—and India stands to gain: OpenAI CEO Sam Altman
Subscribe to enjoy similar stories. NEW DELHI: The cost of deploying and running artificial intelligence (AI) applications is falling at an exponential pace, potentially making AI tools affordable at scale across India sooner than expected, according to Sam Altman, co-founder and chief executive of OpenAI, one of the world’s most valuable startups. Altman also dismissed the idea that companies like his would “kill" software and technology services firms, even as AI automates large parts of their core work.
19.02 / 08:15
Provident
Platform
Airlines
Software
Healthcare
reports
travelers
Tech Turbulence: Navitaire outage briefly jolts IndiGo, Akasa, AIX check-ins
Subscribe to enjoy similar stories. A global technology outage involving airline reservation platform Navitaire briefly disrupted operations of carriers including IndiGo and Akasa Air on Thursday morning, before systems were restored within about half an hour, according to two people familiar with the matter. No major flight delays were reported.
18.02 / 16:27
markets
UPS
Provident
CEO
Platform
Software
Updates
Meet Hazel, the AI tool that sparked a stock market selloff
Subscribe to enjoy similar stories. Financial advisor Douglas Boneparth chuckled when he saw the sharp selloff last week in wealth management stocks over concerns about tax planning updates to an artificial intelligence tool from fintech Altruist. Boneparth, who has been using Altruist’s AI-powered Hazel platform for several months, says the market was finally waking up to something he has been experiencing firsthand: AI is beginning to transform the wealth management industry.
18.02 / 13:03
UPS
Software
Enterprise
President
Gartner
show
Pedaling AI software isn’t as easy as it used to be
Subscribe to enjoy similar stories. The golden age of unbridled spending on AI software might be behind us, as vendors say it’s a lot harder to make a sale than it used to be. Last year represented something of a boon era for vendors pedaling AI apps.
18.02 / 00:53
Provident
FIVE
SUN
Gap
Software
Remark
Vinod Khosla predicts AI will kill Indian IT sector in five years
Subscribe to enjoy similar stories. NEW DELHI : India’s technology outsourcing services are likely to “die out" over the next five years, as artificial intelligence automates most software programming and quality engineering tasks, according to Vinod Khosla, founder of Khosla Ventures and early-stage investor in OpenAI—the world’s most valuable AI startup.
17.02 / 10:33
Citi
Software
Research
consequences
2020
travelers
Regulation please: AI doing its own medical research entails the risk of putting human lives in danger
Subscribe to enjoy similar stories. Early in 2020, as cities around the world began locking down in response to covid, a few researchers were still able to continue to run their experiments. Even though they, like everyone else, had been prohibited from entering their labs, they were able to log into ‘cloud laboratories’ and submit their trials remotely, leaving it to robotic arms and automated instruments to execute their instructions from a distance.
15.02 / 07:17
markets
CEO
Action
Software
stage
social
stars
Social network for AI bots: Why Moltbook is fueling hopes and fears
Subscribe to enjoy similar stories. Moltbook, a social network designed specifically for artificial intelligence (AI) agents, has rapidly gained attention since its January launch. Unlike traditional chatbots that respond to prompts, AI agents are autonomous systems that can use tools, follow multi-step plans and execute tasks independently.
14.02 / 01:59
markets
UPS
Provident
Software
economy
Trade
information
AI was proof of American exceptionalism. Now it’s undermining it.
Subscribe to enjoy similar stories. “An investment in knowledge pays the best interest," said Benjamin Franklin. But he didn’t have to contend with artificial intelligence.
13.02 / 12:01
markets
Target
CEO
Platform
security
Software
Trade
NCDEX taps TCS to build equities platform, targets cash launch by 2026
Subscribe to enjoy similar stories. MUMBAI: India’s largest farm derivatives exchange, National Commodity & Derivatives Exchange Ltd (NCDEX), has appointed Tata Consultancy Services (TCS) as its technology vendor, as the bourse prepares to enter the equities market. India’s largest software exporter will build the IT systems required for NCDEX to launch an equity cash segment by the end of 2026 and an equity derivatives segment by March 2027.
11.02 / 01:37
markets
Digital
ETF
Software
Puzzle
Bitcoin
Why this is the coldest crypto winter yet
Subscribe to enjoy similar stories. Chill winds have been battering America’s eastern seaboard for weeks, driving temperatures in places to their lowest in decades. But that has nothing on the deep freeze into which investors have shoved crypto assets.
09.02 / 12:21
markets
UPS
Target
Manufacturing
Software
Trade
Experts
Reforms and returns: Stage set for bull run 2.0?
Subscribe to enjoy similar stories. New Delhi: Life is a storm, my young friend. You will bask in the sunlight one moment, be shattered on the rocks the next. What makes you a man is what you do when that storm comes." —Alexandre Dumas, The Count of Monte Cristo Sunny days, fresh winds and quiet signs of life mark the onset of spring.
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