Sector Software & Services - Latest news, views and updates

SECTOR | 05 Oct 2026, 06:41PM

Cognizant launches new business unit for AI transformation of emerging enterprises

Business Line

Cognizant Activate to launch with an initial focus on financial services, healthcare, manufacturing and retail/CPG sectors, where Cognizant has deep domain expertise

Software & Services

SECTOR | 05 Oct 2026, 12:00AM

Accenture (NOT RATED): Great 4Q not a signal for growth revival for Indian IT servicesBig 4Q beat. We think much of +ve surprise is ACN specific. We think it continues to grab market share despite its massive sizeView Report

Software & Services

BOB Capital Markets Ltd.

Big 4Q beat. We think much of +ve surprise is ACN specific. We think it continues to grab market share despite its massive size

Software & Services

SECTOR | 24 Sep 2026

India's ITeS industry will move to intelligence arbitrage from cost arbitrage'

Business Line

Speaking about the sector in the AI age, Rahul Singh stressed the pivot to an outcome-based model versus simply producing the technology

Software & Services

SECTOR | 22 Sep 2026

Govt mandates BIS certification for smartphone screen protectors from Apr 1

Business Standard

The government has mandated compulsory Bureau of Indian Standards (BIS) certification for smartphone screen protectors, requiring entities to secure regulatory approval before selling such products in India. The move is expected to curb sales of low-quality smartphone screen protectors and help domestic manufacturers like Optiemus Infracom, which has started production in India. "The provisions of Electronics and Information Technology Goods (Requirement of Compulsory Registration) Order, 2021, shall apply to the goods or articles as specified in column 2 (Screen Protectors for smartphones), added to the schedule of the said order by virtue of this notification, for conforming to the corresponding Indian standard as specified in column 3 IS 19348:2025), with effect from 1st April, 2027," a notification dated September 21 said. Smartphone screen protectors are the 66th item to be notified under the rule. Other items in the list include smartphones, laptops, mobile and laptop chargers

Software & Services

SECTOR | 17 Sep 2026

Cognizant goes live with Axis Bank's AMS 2.0 application management services

Business Line

The partnership will support application systems across banking, payments, treasury, finance, data platforms and other key business verticals

Software & Services

SECTOR | 17 Sep 2026

Govt to target 200 chip design startups, firms under Semicon 2.0: Vaishnaw

Business Standard

The government will target at least 200 startups and companies designing chips in India under the next phase of the country's semiconductor mission, Semicon 2.0, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Thursday. Addressing the inaugural session of SEMICON India 2026, Vaishnaw noted chip design would be the first of six pillars of Semicon 2.0, with the government scaling up ambitions after the previous phase of the mission saw more than 105 startups attempted chip design, of which about 20 secured venture capital funding worth around Rs 800 crore. "That was just the beginning. This time our ambition is much bigger. We would be targeting at least 200 startups and companies which design chips in India across the spectrum of semiconductor requirements," he said. The minister said the country had built the foundational base for a domestic semiconductor industry over the past few years through Semicon 1.0, a calibrated programme focused on...

Software & Services

SECTOR | 16 Sep 2026

Genpact leases 400K sq ft of office space in Gurugram for around 420 cr

Business Standard

The multi-year transaction will see Genpact occupy the entire Kings Canyon tower at ASF Insignia, an integrated 50-acre commercial IT campus in Gurugram

Software & Services

SECTOR | 09 Sep 2026

US suspends Cognizant's green card filings for employees; move curbs ability of Indian IT to attract and retain foreign talent

Business Line

As the crackdown on immigration-related fraud intensifies, experts warn that this could hinder long-term project delivery and create uncertainty among foreign employees in the US.

Cognizant green card filings suspended in US: What it means for workers

Business Standard | 09 Sep 2026 3 more

Software & Services

SECTOR | 07 Sep 2026

Information Technology Sector Report BPO to intelligent solutions, the next growth chapter

Software & Services

Prabhudas Lilladher

Information Technology Sector Report BPO to intelligent solutions, the next growth chapter

Software & Services

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