Sector Software & Services - Latest news, views and updates

SECTOR | 21 Mar 2025

Accenture (NOT RATED): Significant deceleration on the cards. Unsure if worst is over

BOB Capital Markets Ltd.

YoY organic growth is expected to decelerate from ~4.5% in 2QFY25 to 0.5% in 4Q. Implies a US$2.6bn annualized organic revenue loss

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.

Software & Services

SECTOR | 20 Mar 2025

X takes Indian govt to court, alleges arbitrary censorship of content

Business Standard

The petition, filed under Article 226, alleged that the Union government circumvents safeguards under Section 69A of the Information Technology Act, 2000 (IT Act)

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.

Software & Services

SECTOR | 20 Mar 2025

Cognizant to establish 14-acre Immersive Learning Centre at Siruseri campus in Chennai

Business Line

New centre is part of infrastructure footprint expansion plan across India; 100,000 individuals to be trained annually in advanced AI technologies

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.

Software & Services

SECTOR | 20 Mar 2025

India's 'AI for All' mantra backed by concrete action: MoS Jitin Prasada

Business Standard

India's 'AI for All' mantra is backed by concrete action with the country leading in AI skill penetration and talent concentration, Union Minister Jitin Prasada said on Thursday as he urged industry leaders to prioritise research and development (R&D) to capitalise on India's position as a global skill capital. Prasada, Union Minister of State for Ministry of Commerce & Industry and Ministry of Electronics & Information Technology, was delivering a keynote address at the Nasscom Global Confluence 2025 here. "Our mantra 'AI for All' is backed by concrete action. India is number one in the world in AI skill penetration -- the AI skill index even outstrips the US and Germany. "It's just not about numbers, it's about impact. As nations across the globe embrace digitalisation to modernise traditional sectors and fuel economic growth, India stands ready to be a strategic technology partner," the minister asserted. Stressing that India is open for business and ready to lead,...

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.

IT-ITes revenue over $250 bn, exports account for $200 bn: STPI DG

Business Standard | 19 Mar 2025 1 more

Software & Services

SECTOR | 18 Mar 2025

Robust demand for office spaces to give occupancies a leg-up

livemint

Demand for commercial properties continues to be led by global capability centres (GCCs), rising traction in flexible workspaces, and IT/ITes.

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.

Software & Services

SECTOR | 17 Mar 2025

Odisha Connectivity Gap: 2,603 Villages Lack Mobile Network, 10 Panchayats Without Broadband

NDTV Profit

Electronics & Information Technology Minister Mukesh Mahaling was replying to a query by BJD MLA Arun Kumar Sahoo in the House.

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.

Software & Services

SECTOR | 15 Mar 2025

Zetwerk inaugurates its largest electronic manufacturing facility near Chennai

Business Line

Two major Electronics Manufacturing Clusters with an approved cost of 1,112 crore will be developed at Pillaipakkam and Manallur in Tamil Nadu, Ashwini Vaishnaw, Union Minister for Electronics & Information Technology, Railways, and Information & Broadcasting, said after inaugurating the Zetwerk's facility

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.

Two electronics clusters worth Rs 1,112 cr to be set up in TN: Vaishnaw

Business Standard | 15 Mar 2025

Software & Services

SECTOR | 14 Mar 2025, 09:59PM

Infosys to pay $17.5 million to settle data breach case in BPM unit

Business Standard

McCamish, bought by Infosys BPM in 2009, is a platform-based BPO firm that provides life insurance and retirement software solutions and service offerings in the US

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.

Software & Services

SECTOR | 13 Mar 2025, 11:18PM

BPOs to reduce hiring as automation and AI take over routine tasks

Business Standard

The Indian technology sector, which includes IT services companies, BPM, and hardware, employs about 5.4 million people, the largest in the organized sector

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.

Software & Services

SECTOR | 12 Mar 2025

Cognizant Staff To Get Bonus Up To 115%

NDTV Profit

in the mails sent to employees, the IT major said that the bonus is at the highest level in three years.

Prabhudas Lilladhar released a Sector Update report for Software & Services on 01 Jul, 2025.