IT

Infosys has expanded its technology development center in Mohali, increasing capacity to accommodate around 3,000 employees as part of its ongoing investment in India’s digital services infrastructure. The expansion reflects the company’s strategy to strengthen regional technology hubs while supporting growing demand for digital transformation services worldwide. By enhancing its presence in Punjab, the IT major aims to tap into emerging talent pools and contribute to regional economic growth.

Technology giants Oracle and OpenAI are strengthening their collaboration around data center infrastructure to support the rapidly growing computational demands of artificial intelligence. As generative AI systems expand in complexity and scale, companies are investing heavily in high-performance cloud infrastructure capable of processing massive datasets and training advanced models. The partnership reflects a broader industry shift toward specialized AI computing environments powered by advanced chips, cloud platforms, and hyperscale facilities.

Indian technology major Infosys has entered into a strategic collaboration with U.S.-based semiconductor leader Intel to accelerate artificial intelligence adoption across global enterprises. The partnership aims to integrate advanced AI hardware capabilities with scalable digital transformation services, enabling businesses to deploy AI solutions more efficiently and securely.

Indian equities advanced as sustained buying in information technology stocks coincided with renewed foreign institutional inflows, reinforcing risk appetite across large caps. Benchmarks opened firm and extended gains through the session, reflecting confidence in export-oriented IT names amid stable global cues and easing volatility. Market breadth improved, with selective participation from financials and metals supporting the move.

The global information technology industry is undergoing a difficult but necessary transition as artificial intelligence reshapes business models, revenue streams, and workforce structures, according to the chief executive of HCLTech. While AI adoption promises long-term efficiency and growth, the immediate impact has been uneven, creating pressure on traditional IT services and margins. Enterprises are re-evaluating spending priorities, delaying discretionary projects, and demanding faster returns on technology investments.

Equity markets retreated sharply as heavy selling in information technology stocks coincided with renewed anxiety over global trade policy. Investor sentiment weakened after fresh concerns emerged around the potential return of protectionist tariffs, a theme closely associated with former U.S. President Donald Trump. Technology shares, already under pressure from valuation concerns and muted global demand, bore the brunt of the sell-off. The downturn erased recent gains, pushing benchmark indices lower and reinforcing risk-off behavior among institutional investors.

Wipro CEO Rishad Premji has outlined India’s significant potential in artificial intelligence, emphasizing its transformative impact across industries. He identified AI as a critical enabler for enterprise efficiency, innovation, and economic growth, particularly in sectors like IT services, manufacturing, healthcare, and financial technology. Premji highlighted that India’s talent pool, combined with robust digital infrastructure, positions the country as a global AI hub.

In a landmark move for India’s technology sector, Tata Consultancy Services and its parent conglomerate, Tata Group, have entered into a strategic collaboration with OpenAI to co-develop and deploy advanced artificial intelligence solutions. The partnership aims to integrate generative AI capabilities into enterprise systems across industries including banking, manufacturing, retail and healthcare. By combining TCS’ global IT services infrastructure with OpenAI’s cutting-edge AI models, the alliance seeks to accelerate digital transformation initiatives at scale.

Indian equity markets began the trading session on a cautious note, opening lower as selling pressure weighed heavily on information technology and services stocks. Investor sentiment was subdued amid concerns over global growth, muted demand outlook for tech services and mixed cues from overseas markets. While select defensive pockets offered limited support, broader indices struggled to gain traction in early trade. Analysts attributed the weakness to profit booking and persistent uncertainty around corporate earnings visibility.

Shares of Infosys moved higher after the company announced a strategic collaboration with U.S.-based artificial intelligence firm Anthropic, reinforcing its ambitions in advanced digital and generative AI services. The market responded positively to the partnership, viewing it as a timely move that strengthens Infosys’ positioning in enterprise AI adoption. Investors interpreted the development as a long-term growth catalyst, particularly as global clients accelerate spending on automation, data intelligence and responsible AI solutions.