Sector Software & Services - Latest news, views and updates

With 24 large deals won last year and four in Q1, Cognizant says its ecosystem for securing mega contracts is key to regaining a top-four global IT services ranking

Software & Services

SECTOR | 13 May 2025

How India's $54-billion BPO sector is being rewired by AI and Agentic AI

Business Standard

Unlike traditional AI, agentic AI can assess a situation, make decisions, and take independent steps to resolve problems - capabilities that are now being baked into BPO processes

Software & Services

SECTOR | 06 May 2025

Parl panel seeks action plan against 'anti-national' social media platforms

Business Standard

A parliamentary panel has sought details from two key ministries overseeing information flow on the action they have planned against social media platforms and influencers who "seem to be working against national interest", following the Pahalgam terror attack. The parliamentary Standing Committee on Communications and Information Technology, headed by Bharatiya Janata Party (BJP) MP Nishikant Dubey, has noted that some social media influencers and platforms in the country seem to be working against national interest, which is likely to incite violence, sources said. The committee, in a communication to the ministries of Information and Broadcasting and Electronics and Information Technology, has sought details of the "contemplated action to ban such platforms under IT Act, 2000 and Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021". The letter, the sources said, has been sent to the secretaries of the two ministries and they have been asked

Software & Services

SECTOR | 01 May 2025

Cognizant Q1 Results: Revenue Up 7.4% At $5.1 Billion; FY25 Growth Guidance Raised

NDTV Profit

The company has raised its full-year growth guidance to 3.9-6.4%, from 2.6-5.1% earlier.

Cognizant to recruit 20,000 freshers in 2025 amid AI, services push

Business Standard | 01 May 2025 3 more

Software & Services

SECTOR | 26 Apr 2025

India, US in continuous dialogue on bilateral trade deal: MoS Jitin Prasada

Business Standard

India and the US have a continuous dialogue and communication on the bilateral trade deal and the first tranche is set to roll out by fall this year, Minister of State for the Ministry of Commerce & Industry and the Ministry of Electronics & Information Technology Jitin Prasada said. Prasada made these remarks while addressing members of the Indian-American community at an interactive session organised by the Consulate General of India in New York on Friday. India and the US share a great relationship, and there is continuous dialogue and communication between both countries. The last dialogue that Prime Minister (Narendra) Modi and President (Donald) Trump had, the formalities and modalities of the bilateral trade agreement have been worked out, and by September, this fall, you will see the first tranche of our programme and policies, Prasada said. At the beginning of the event, a moment of silence was observed to pay respects to the victims of the Pahalgam terror attack in ..

Software & Services

SECTOR | 25 Apr 2025, 10:13AM

India backs tech democracy, offers to share its DPI with the world

Business Standard

India said it is expanding its Digital Public Infrastructure ecosystem into areas such as agriculture and smart cities and stands ready to share successes with the international community, as UN leaders commended the country for its leadership in investing in this domain. Minister of State for the Ministry of Commerce & Industry and the Ministry of Electronics & Information Technology, Jitin Prasada, said that the Indian DPI success story is a showcase to the world. "DPI is all about empowering citizens, good governance, inclusive and sustainable growth at the societal level. The future will not be built by machines alone but by the choices we make about how technology serves humanity, Prasada said in his keynote address at the event organised by India's Permanent Mission to the UN at the world body's headquarters on Thursday. Prasada added that looking forward, India is expanding its DPI ecosystem into agriculture, logistics, smart cities and more. "The next wave will...