Sector Software & Services - Latest news, views and updates

SECTOR | 11 Jan 2026, 09:20AM

Elon Musk's X 'Accepts Mistake', To Ban Obscene Imagery On Grok: Govt Sources

NDTV Profit

Earlier, the Ministry of Electronics and Information Technology (MEITY) had issued a notice to X regarding the obscene imagery on the platform and how Grok is being misused by users to undress women.

IDBI Capital released a Sector Update report for Software & Services on 07 Jan, 2026.

Software & Services

SECTOR | 09 Jan 2026

Big tech, banks & airlines fuel GIFT City office boom, as real-estate developers play long game

Business Line

Cognizant emerged as one of the largest lessees, taking over more than one lakh square feet, while Oracle and Federal Bank leased around 30,000 square feet each

IDBI Capital released a Sector Update report for Software & Services on 07 Jan, 2026.

Software & Services

SECTOR | 08 Jan 2026

Karnataka to host India's first commercial quantum computer: Priyank Kharge

Business Standard

Karnataka will host India's "first commercial quantum computer", with the state government announcing its deployment at the IIIT-Dharwad, Minister Priyank Kharge said on Thursday. The move is seen as a major step towards positioning Karnataka as a national hub for advanced quantum technologies, the state IT/BT minister said. The announcement followed separate meetings held by Priyank with Bengaluru-based deeptech firm QpiAI and Singapore-based water technology company ZWEEC, focusing on cutting-edge innovation and rural infrastructure solutions, according to a press release. "Karnataka is moving decisively in the quantum space. The deployment of India's first commercial quantum computer at the Indian Institute of Information Technology-Dharwad marks a significant milestone in building a world-class quantum ecosystem," the minister was quoted as saying. During discussions with QpiAI, Priyank reviewed plans to deploy the country's "first indigenously built commercial quantum computer

IDBI Capital released a Sector Update report for Software & Services on 07 Jan, 2026.

Software & Services

SECTOR | 07 Jan 2026

Govt not satisfied with X's response on Grok issue, may seek more details

Business Standard

According to sources, X submitted its reply to the notice issued by the Ministry of Electronics and Information Technology (Meity) on Wednesday, but the ministry was not satisfied with the response

IDBI Capital released a Sector Update report for Software & Services on 07 Jan, 2026.

Software & Services

SECTOR | 07 Jan 2026

Chemicals: Monthly Pricing Update

Software & Services

IDBI Capital

The month of December saw mixed chemical price movement: heavy soda ash was up 11% MoM, Toluene was down 11%, and TDI saw a 12% increase. The price growth in Ref gases picked up pace again, as the refrigerant gases index grew by 10% MoM. Contrary to earlier trends, this pick up was on the back of 16% price jump in R32 prices. This is expected to have an effect on the results of our coverage companies, NFIL and SRF, which had previously guided for a...

IDBI Capital released a Sector Update report for Software & Services on 07 Jan, 2026.

Software & Services

SECTOR | 03 Jan 2026

Cognizant faces US class-action lawsuits over TriZetto data breach

livemint

At least 100 individuals are likely impacted as lawsuits claim Cognizant delayed disclosing TriZetto data breach, causing potential identity theft and financial losses.

IDBI Capital released a Sector Update report for Software & Services on 07 Jan, 2026.

Software & Services

SECTOR | 02 Jan 2026

Cognizant hit with many US class-action lawsuits after TriZetto data breach

Business Standard

The complaints state that TriZetto, which provides healthcare claims, failed to protect personal data and did not inform affected people in a timely manner after a cyberattack

IDBI Capital released a Sector Update report for Software & Services on 07 Jan, 2026.

Software & Services

SECTOR | 02 Jan 2026

Tamil Nadu received investment commitments of 2.07 trn in 2025: Minister

Business Standard

Tamil Nadu has signed a total of 270 MoUs with several corporates committing investments to the tune of Rs 2.07 lakh crore in 2025, Minister for Industries TRB Rajaa said. The Memoranda of Understanding (MoUs) signed were expected to generate over 4 lakh job opportunities in the State, he added. Detailing about the significant achievements made in 2025, Rajaa said, "It (2025) was another fantastic year of the Dravidian Model in focused execution. Over 270 MoUs worth a total of Rs 2.07 lakh crore of committed investments were signed in 2025 alone and these MoUs have opened up over 4 lakh new job opportunities." The growth was distributed across Tamil Nadu as investment conclaves were held beyond Chennai and the regional spread of investments improved in 2025, he said, in a social media post late on January 1. Many new TIDEL Neo parks (mini IT Parks) took Information Technology closer to the homes of aspiring youths, while the first-ever State Industries Promotion Corporation of Tami

IDBI Capital released a Sector Update report for Software & Services on 07 Jan, 2026.

Software & Services

SECTOR | 01 Jan 2026

Cognizant faces US class-action lawsuits over TriZetto data breach

livemint

At least 100 individuals are likely impacted as lawsuits claim Cognizant delayed disclosing TriZetto data breach, causing potential identity theft and financial losses.

IDBI Capital released a Sector Update report for Software & Services on 07 Jan, 2026.