Sector Software & Services - Latest news, views and updates

Software & Services

SECTOR | 04 Dec 2025

Cognizant doubles down on Synapse commitment with new target to reach 2 million by 2030

Business Line

Philanthropic initiatives impact near 39,000 individuals in India over two years

Software & Services

SECTOR | 03 Dec 2025

Fake news threat to democracy, govt working to curb it, says Vaishnaw

Business Standard

Terming fake news as a threat to democracy, Union Minister for Information and Broadcasting and IT Ashwini Vaishnaw on Wednesday said there is a need to take strict action against those who create AI-generated deep fake videos and spread false information. Vaishnaw also informed the Lok Sabha that the government is working on framing new rules for curbing fake news and AI-generated deep fake videos and strengthening the institutional mechanism for that. "Fake news is a very serious issue. Fake news is a threat to democracy. There is a need to take strict action against fake news and AI-generated deep fake videos," he said during Question Hour. The minister said the people and the ecosystem which spread fake news don't follow Indian laws, and there is a need to take action against them. Appreciating the recommendations made by the Parliamentary Standing Committee on Communications and Information Technology, headed by BJP member Nishikant Dubey, he said the panel has given many good

Software & Services

SECTOR | 02 Dec 2025

Sequential market share gains mask deeper yearly slide for Indian IT

Business Line

Accenture continued to gain the most market share, at 75 bps year-on-year (y-o-y), followed by EPAM and Cognizant at 24 bps each

Software & Services

SECTOR | 01 Dec 2025

Govt blocks 87 illegal loan lending applications after due process

Business Standard

The government on Monday said a total of 87 illegal loan lending applications have been blocked after following the due process. "Ministry of Electronics and Information Technology (MeitY) is empowered to issue blocking directions to block the Information for public access under section 69A of the Information Technology Act 2000. "So far, after following the due process, MeitY has blocked a total of 87 illegal loan lending applications under section 69A of the Information Technology Act 2000," Minister of State for Corporate Affairs Harsh Malhotra informed Lok Sabha on Monday. In a written reply, he also said that regulatory action for inquiry, inspection of books of accounts and investigation under the Companies Act, 2013 is taken from time to time against companies, including the ones indulged in online lending activities through loan apps. "Whenever any violation under the Companies Act, 2013 is found on the basis of the above, an appropriate legal action is taken," he said. Th

Software & Services

SECTOR | 23 Nov 2025

Cognizant moves US court asking to dismiss Infosys' antitrust case

Business Line

The legal battle between the two IT services companies began in August 2024 when Cognizant's subsidiary, TriZetto, sued Infosys for allegedly misusing trade secrets to build a competing healthcare platform

Software & Services

SECTOR | 20 Nov 2025

Kochi based start-up Digital Worker Services launches AI-driven BPO platform memmoo'

Business Line

The company is introducing a lightweight, cost-effective Artificial General Intelligence (AGI) framework that enables deployment of AI-driven digital co-workers

Software & Services

SECTOR | 19 Nov 2025

Editors Guild flags DPDP rules for failing to safeguard journalistic work

Business Standard

The Editors Guild of India on Wednesday said the Digital Personal Data Protection (DPDP) Rules, notified recently, do not address the concerns around journalistic work falling within the purview of the law. In a statement, the Guild said it had highlighted the DPDP Act's shortcomings, which included the dilution of the Right to Information regime and the absence of any explicit journalistic exception, and asserted that the newly issued rules continue to leave critical questions unresolved for journalists and media organisations. In July this year, S Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY), held a meeting with press bodies and assured that journalistic work would not fall within the purview of the DPDP Act, the Guild said. "The Guild, along with other media organisations, had urged the MeitY to issue a legally tenable clarification or amendatory provision to explicitly safeguard journalistic activities," it said. The Guild has urged MeitY to .

Software & Services

SECTOR | 19 Nov 2025

Explained: Cognizant Employee Activity Monitoring Controversy And Clarification From Company

NDTV Profit

According to media reports, Cognizant has rejected claims that it monitors employees. A company spokesperson has said that the tools are implemented only with employee consent.

Software & Services

SECTOR | 14 Nov 2025

Cognizant to acquire 3Cloud to expand Azure capabilities

Business Line

The acquisition will strengthen Cognizant's role in enterprise AI readiness by adding 3Cloud's capabilities in data and AI, app innovation, and cloud platforms for enterprise clients

Software & Services

SECTOR | 11 Nov 2025

Genpact appoints Dinesh Jain as GCC Lead

Business Line

Dinesh will spearhead Genpact's efforts to help clients design, scale and transform their GCC strategies, driving business impact through agentic operations, advanced technologies, and data-led transformation