India's capital expenditure (capex) cycle is gaining strong momentum driven largely by old-economy sectors, positioning the country as a hedge against the global AI-led investment euphoria expected to peak in Calendar Year 2026 (CY26), according to a report by ICICI Securities.
Singapore, December 10: The Mastercard Economics Institute (MEI) today released its annual economic outlook for 2026, revealing that Asia Pacific's growth remains broadly stable even as the global economy adapts to rapid tariff changes, accelerating AI investment, and evolving consumer trend
In a post on X, PM Modi said the world is "optimistic about India" in the AI era and hailed Microsoft's plan--its largest-ever investment in Asia--as a major opportunity for India's youth to drive innovation and build a more sustainable future.
Microsoft Chairman and CEO Satya Nadella announced on Tuesday that the company will invest USD 17.5 billion in India to support the country's rapidly expanding artificial intelligence ecosystem.
IT firms have transitioned from traditional digital transformation projects toward AI-centric engagements, with AI deals now forming nearly 74% of all contracts signed in the last six quarters, the report said. Companies such as TCS, Infosys, HCLTech, Wipro, LTIMindtree and Tech Mahindra rep
The current rally in artificial intelligence (AI) related investments is justified and sustainable, and there are no signs of a bubble forming at this stage, highlighted a latest report by JP Morgan.
Nearly half of Indian enterprises (47 per cent) now have multiple Generative AI (GenAI) use cases live while 23 per cent are in pilot stage, marking a decisive shift from pilots to performance, as per a latest EY-CII report.
Mumbai (Maharashtra) [India], November 14: Sonata Software (NSE: SONATSOFTW) (BSE: 532221), a leading Modernization Engineering Company, today reported its unaudited financial results for the Quarter and half year ended September 30, 2025.
The report found that while nearly nine out of ten companies are now using AI in at least one business function, most remain in the pilot or experimentation phase, with only about a third having scaled their AI programs across the enterprise.
Plano (Texas) [US], November 5: Movate, a global leader in digital technology and customer experience services, today announced a strategic partnership with Lyzr.ai, an enterprise AI agent platform. This partnership transforms how enterprises deploy and scale AI across their IT and busine
Generative Artificial Intelligence (Gen AI) is no longer an experiment; it has become an integral part of daily work across various industries. According to the latest Wharton Human-AI Research report, 46 per cent of business leaders now use Gen AI every day, marking a 17-point jump from las