Sector Software & Services - Latest news, views and updates

SECTOR | 16 Feb 2026, 03:32PM

Anthropic boosts India AI push via flag airline, Cognizant pacts

Business Line

Air India Ltd is using Claude Code to create custom software, while Cognizant Technology Solutions is deploying the agent to 350,000 employees globally to modernise legacy systems, Anthropic said in a statement

Software & Services

SECTOR | 16 Feb 2026, 02:59PM

India AI Impact Summit is 'Maha Kumbh' for AI, says Jitin Prasada

Business Standard

India is hosting the "Maha Kumbh" of artificial intelligence, with world leaders, startups, innovators and researchers gathering here for the five-day AI Impact Summit, Union Minister Jitin Prasada said on Monday. The Minister of State for Electronics and Information Technology said the outcomes of the summit are being deeply watched not only in India but across the world. "The world is converging and it is truly historic, and it's a big feat and a feather in India's trajectory that we are hosting this truly international impact summit with so much of participation, from state heads to tech leaders to industry," he said. He added that startups, innovators, and researchers, too, have gathered here for the summit. "So this, I can say, is truly like the Kumbh in Prayagraj. This is the Maha Kumbh for AI, which India is hosting," Prasada said. The event, scheduled from February 16-20, is drawing delegates from a number of countries, including ministers, senior officials, foreign...

India has highest level of AI skill penetration, says Jitin Prasada

Business Standard | 16 Feb 2026, 12:51PM

Software & Services

SECTOR | 13 Feb 2026

Cognizant flags anti-immigrant policies as a risk for its business

Business Line

It added that its subsidiary in the United States utilises workers holding H-1B and L-1 visas may face increased costs and visa processing delays

Software & Services

SECTOR | 12 Feb 2026

Cognizant flags US and Europe work visa risks in its annual report

Business Standard

IT services firm cites tighter immigration rules and rising visa costs in key markets, warning of impact on staffing, mobility programmes and project execution

Software & Services

SECTOR | 06 Feb 2026

Cognizant partners Palantir to accelerate AI-led modernisation in healthcare, enterprises

Business Line

Under the collaboration, Cognizant will use Palantir Foundry and the Palantir Artificial Intelligence Platform to deepen AI integration within its TriZetto healthcare business, including BPaaS operations

Software & Services

SECTOR | 05 Feb 2026

Cognizant grants employees 100% bonus after a strong quarterly performance

Business Line

Cognizant reported its December quarter results on Wednesday, posting an 18.7 per cent increase in net profit to $648 million

Cognizant gives 100% bonus to employees for 2025 after strong results

Business Standard | 05 Feb 2026 4 more

Software & Services

SECTOR | 03 Feb 2026

Cognizant, Uniphore to co-develop small language models for industry specific use cases

Business Line

The partnership will combine Uniphore's Business AI Cloud as the foundation for building and fine-tuning small language models (SLMs), while Cognizant will lead the solution development, deployment and client delivery

Software & Services

SECTOR | 02 Feb 2026

White-collar hiring up 3% in Jan, led by non-IT sectors, freshers: Report

Business Standard

India's white-collar hiring began with a steady foot with a 3 per cent year-on-year increase in January mainly driven by non-IT sectors and fresher hiring, a report said on Monday. White-collar hiring began 2026 on a steady footing, with the Naukri JobSpeak Index witnessing 2,637 points in January -- a 3 per cent YoY rise from 2,550 points in January 2025 -- Naukri said in a report. Non-IT sectors were the primary drivers of this growth, with BPO/ITES surging 21 per cent, hospitality/travel climbing 15 per cent, insurance advancing 7 per cent, and healthcare gaining 5 per cent. However, banking and financial services was one major non-IT sector to see a decline, slipping 15 per cent year-on-year. Meanwhile, the IT sector remained flat for the month, within this landscape, AI/ML roles sustained strong momentum with a 34 per cent rise. Overall, fresher hiring grew 8 per cent, signalling expanding entry-level opportunities across the board, added the report. Non-IT sectors have stea

Software & Services

SECTOR | 29 Jan 2026

GCC expansion anchors IT-ITeS resilience despite global tech slowdown: Economic Survey 2026

Business Line

As of FY24, India hosted over 1,700 GCCs, employing over 19 lakh professionals, making it the largest global hub for captive centres.

Software & Services

SECTOR | 29 Jan 2026

After Infosys, Cognizant taps Cognition for AI-driven development

Business Line

The move aims to enable large-scale adoption of AI with enterprise-grade security, governance and operational controls.