Sector Software & Services - Latest news, views and updates

SECTOR | 29 Aug 2026

Foreign BFSI firms setting up more GCCs; rent highest 7.32 million sq ft office space in H1: Knight Frank

Business Line

Leasing by foreign IT-ITeS companies to set up GCCs fell 28% to 4.13 million sq ft in the first six months of this year from 5.71 million sq ft in the year-ago period

Software & Services

SECTOR | 20 Aug 2026

PhonePe, MeitY sign MoU to integrate PulsePro data in PM GatiShakti portal

Business Standard

Fintech firm PhonePe on Thursday announced that it has signed a Memorandum of Understanding (MoU) with the Ministry of Electronics and Information Technology (MeitY) to integrate its enterprise data intelligence platform, PulsePro, into the PM GatiShakti framework. The platform transforms aggregated and anonymised transaction data into market signals, allowing organisations to access real-world activity trends across various geographies and categories for smarter, data-based decision-making. The collaboration is aimed at supporting national infrastructure planning, economic analysis, and holistic urban and rural development through granular, hyperlocal insights, the company said in a statement. Under the agreement, PhonePe PulsePro metrics will be integrated into the PM GatiShakti National Master Plan portal, which is managed in collaboration with the Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N). "Data-driven intelligence can play an import

Software & Services

SECTOR | 18 Aug 2026

Keralam CM flags off containers at Vizhinjam port as EXIM operations begin

Business Standard

Chief Minister of Keralam V D Satheesan on Tuesday flagged off two containers from Vizhinjam, marking the commencement of EXIM operations from the international seaport here. Satheesan was accompanied by state Minister for Industries, Information Technology, and Commerce P K Kunhalikutty and Congress MLA M Vincent. In an X post, the CM said that the state government held strategic discussions with diverse investor groups to explore key opportunities for scaling EXIM operations at Vizhinjam to the next level. "To ensure seamless commercial expansion, the government is committing comprehensive support, regulatory facilitation, and infrastructure backing to help investors expand global export activities through the port," he said. "The same Arabian Sea, which has shaped our nation for centuries and welcomed travelers from all over the world with open arms, is today opening the historic door to the development of a new era Keralam. Let us move forward together into the new era of...

Software & Services

SECTOR | 17 Aug 2026

Cognizantlaunches talent accelerator programme for 489 newly hired B-school graduates

Business Line

The two-week onboarding will be held simultaneously across Cognizant's facilities in Chennai, Bengaluru, Hyderabad and Pune

Cognizantlaunches talent accelerator programme for 489 newly hired B-school graduates

Business Line | 17 Aug 2026

Software & Services

SECTOR | 13 Aug 2026

Q1 results: ABREL, Godrej, JSW Cement, FirstCry, and 693 more on Aug 13

Business Standard

Q1FY27 company results: Firms including Jubilant Foodworks, Brigade Enterprises, CESC, DCM Shriram Industries, and Dev Information Technology are also to release their April-June earnings today

Software & Services

SECTOR | 08 Aug 2026

Govt examines if Meta recommendation system deciding what-to-show-to-whom fits intermediary status

Business Line

The issue centres on whether a platform that actively decides what users see, can continue to claim intermediary status under the Information Technology Act

Software & Services

SECTOR | 05 Aug 2026

Meta apologises as govt threatens withdrawal of safe harbour protection

Business Line

The government has made it clear that without compliance, Meta risks losing its protections under the Information Technology Act.

Software & Services

SECTOR | 30 Jul 2026

Tamil Nadu government to set up integrated AI Cities: State IT Minister

Business Line

R Kumar, Minister for Artificial Intelligence, Information Technology and Digital Services for the Government of Tamil Nadu, said that rather than just an industrial park, the AI city will function as an integrated ecosystem.

Software & Services

SECTOR | 29 Jul 2026

Cognizant trims 2026 growth estimate on cautious client spending

Business Line

Cognizant revises 2026 growth estimates downward due to cautious client spending, despite strong quarterly performance exceeding tier 1 peers.

Cognizant Q2 profit dips 1.4%; lowers upper end of annual growth guidance

Business Standard | 29 Jul 2026 1 more

Software & Services

SECTOR | 28 Jul 2026

Cognizant bags IT operations deal from Novartis

Business Line

Under the agreement, Cognizant will help consolidate applications, infrastructure, security, digital workplace and platform services into a unified, end-to-end operating model powered by AI, automation and agentic capabilities.