Healthcare, BFSI supported IT growth in Q2 as technology and retail remained mixed
Q2 FY27 performance across verticals was mixed for Indias leading IT services companies, with growth varying significantly by segment
Jio Platforms Q2 profit rises 13% on subscriber growth, higher ARPU
Revenue from operations grew 11.3% year-on-year, while EBITDA rose 16.6% to 21,879 crore, supported by robust revenue growth and a 250 basis-point expansion in operating margins
Cognizant forms OpenAI group with 25,000 professionals to deliver AI products to clients
The IT services company is first scaling the technology across its sales and customer success operations before extending tested approaches to clients
Zee Entertainment net profit dips 40% to 45.6 crore in Q2
Companys operating revenue grew 13 per cent annually to 2,224.6 crore led by subscription revenue
Infosys adds 10,000 seats with 1.1 million sq ft expansion at Hyderabad campus
New block at Pocharam Dev Centre can support 13,000 employees in hybrid mode
TRAI proposes responsible use of AI in telecom networks, to make telcos accountable
The framework, applicable to both in-house and third-party AI, aims to ensure responsible deployment across networks and services,
As pay hikes dry up, more promotions doled out for employee satisfaction
Data further showed that promotion rate for males stood at 10.2 per cent in 2026 as against 10 per cent in the previous year
Thousands of deceptive ads evade Google
Thousands of deceptive advertisements have slipped through Google
Sun TV reports 3% increase in consolidated PAT in Q227
Revenue was down 30% to 940 crore (1,300 crore); the advertisement revenues for Q227 declined to 253 crore (292 crore); Domestic subscription revenues up 2.34% 487 crore
Foxconn chairman says he met OpenAI CEO Sam Altman in Taiwan
Details of their planned cooperation would be announced once plans are confirmed
AU Small Finance Bank probes potential data leak
The bank's own systems remain unaffected and all banking services are operating normally
eMudhra appoints KPMG to conduct independent review of TLS certificate incident
Digital trust provider eMudhra appointed KPMG to conduct an independent review of a recent TLS certificate incident. This appointment follows a commitment made by the company to ensure clarity regarding the incident. The incident involved weak private keys associated with several certificate authorities, which remained undetected for a significant period. As a result, eMudhra has withdrawn from its global SSL/TLS certificate business due to security concerns.
Would you watch a 90-minute-long video on Instagram?
Instagrams latest foray into horizontal, long-form videos will transform how social media scrollers, content creators, and even streaming competitors operate
eMudhra appoints KPMG to conduct independent review
The review is intended to bring clarity on the October 17 incident when a security researcher informed browser root programmes
Spotify targets 2027 launch for AI remix service
The Swedish audio-streaming giant is considering charging subscribers an additional $4 to $5 a month for the service
Nvidia's web of AI bets: smart strategy or bubble risk?
investments have raised a nagging question among some doubters on Wall Street: is Nvidia helping to inflate an AI bubble?
Nvidia's web of AI bets: smart strategy or bubble risk?
investments have raised a nagging question among some doubters on Wall Street: is Nvidia helping to inflate an AI bubble?
Former Coro Health employees plan healthcare IT cooperative
The proposed Health Care IT & Revenue Cycle Co-operative Society has applied for registration as a primary cooperative society and approached the Cooperation Department seeking support
OpenAI expands AI safety monitoring after agents breach restricted environments
OpenAI has expanded its monitoring system for advanced artificial intelligence (AI) models across training, evaluations, internal use and selected external deployments after an incident in which its AI agents escaped restricted environments and exposed gaps in existing security safeguards. The company said its upgraded monitoring system, when tested in a simulation of the incident, could have alerted its security team around 30 minutes after the AI agents first escaped their restricted environment and more than 30 hours before Hugging Face's systems were breached in the actual incident. OpenAI said the early warning could have provided its security team with enough time to stop the activity before the models accessed external services. We believe that this warning would have given our responders time to interrupt the activity well before our models were able to access external services, the company said. The incident, disclosed by OpenAI in July, occurred during an internal cybersecu...
Jios halo brightens momentum for mega deals in India pipeline
The massive demand for Jios listing showed investors remain willing to commit significant capital to marquee deals, even against a difficult backdrop for Indian equities
Tech firms take fresh hit as earnings misses fan AI fears
The announcements came a day after Google parent Alphabet reported soft growth in revenue from advertising and its search business
OpenAI says human intent at center of updated AI model guidelines
The move echoes rival Anthropic's Constitutional AI approach, which uses a written constitution of principles to guide model behavior and make the values shaping AI systems more transparent
COAI seeks early execution of TRAI recommendation on microwave spectrum
TRAI recommends providing backhaul spectrum at a uniform and nominal price through an administrative process and without auction to telecom operators
Reddit puts logged in experience first as Google AI hits traffic
Google is crawling us as hard as ever, so the demand hasnt changed from their point of view either. The reality is, the AI mode does not drive traffic, not for us and not to anybody, Huffman said
Amazon burns cash, Intel flags weak PC demand as AI booms costs ripple across markets
Selloff hits AI, cloud stocks and chipmakers alike; Lower PC demand a sign of consumer pain; Semiconductor index down 21% from June all-time high
AI firm AM Intelligence seeks $3 billion financing for Nvidia chips order
The funding package for the company, established by the founders of renewable energy producer Greenko Group Plc, could comprise of bonds and bank loans
Record-setting 2.75 gigahertz LED designed for fast, energy-efficient data centers
A collaboration between the University of Illinois Urbana-Champaign
Titanium boosts thermoelectric performance of thin films by 250-fold
Every electronic device, factory and vehicle generates heat that often goes to waste. What if that energy could be recovered to generate electricity using thin films manufactured without high-temperature processing? Researchers at Tohoku University have taken a step toward making this possible, developing a thermoelectric material that delivers a 250-fold increase in power factor by adding a small amount of titanium to chromium nitride.
Cognizant cuts growth guidance despite industry-beating growth in September quarter
Cognizant beats quarterly growth but cuts full-year 2026 guidance amid stable macro, rising discretionary risks, and restructuring costs.
ANSR eyes IPO in 2027 amid strong GCC growth prospects
GCCs step up AI hiring as demand for AI talent rises 45%; GCC industry projected to reach $100 billion by 2030
Over one-third of Indias tech workers get no hike or face pay cuts: Blind survey
Overall, 63 per cent are dissatisfied, including 47 per cent who are very dissatisfied with the lack of hikes
Axiro Semiconductor announces investment in ThinSiC
Axiro entered into a long-term commercial partnership to support the development and commercialisation of ThinSiCs silicon carbide power device technology
Cognizant reports 4.8% CC growth in Q3; trims 2026 revenue guidance
Cognizant narrows expected growth guidance range from 4-5.5% guided earlier to 4-4.4%
41,000 DHS names leaked in major hack, collective says
A nonprofit news leak group said Wednesday it has published data on more than 41,000 employees of the U.S. Department of Homeland Security, including those working on President Donald Trump
Industries startup Venttup raises $3 million in Pre Series A round
Venttup has raised the funding to support its scale up journey and go from engineering development to scalable production mode
Carbelim secures 10 crore from IIT Madras Unicorn Frontier Fund
The climate-tech company, founded by Karthika Gopi and Rahul Babu, develops microalgae-based systems to capture carbon dioxide and purify air
Databricks India growth outpaces global rate amid rising enterprise AI adoption
Indian enterprises and digital-native businesses are increasingly exploring AI models, data control and deployment costs as the company expands its local presence
Amazon cuts more jobs, in devices unit, after flurry of product rollouts
We've made the difficult decision to eliminate a small number of roles, a spokesperson said without elaborating
Apple shows pricey touchscreen laptops, a first for the iPhone maker
JohnTernus took the stage at an Apple event in Los Angeles and showed a MacBook Pro model with an organic light-emitting diode (OLED) display
Newly launched Ek Microbook targets to simplify MCA compliance
Software that integrates compliance and documentation management with automated document generation, task tracking, client records, deadline reminders, and office administration
Chinese AI model carries out complex cyberattacks in controlled tests, researchers say
The findings raise concerns that increasingly capable AI models lower the technical barriers to sophisticated cyberattacks
Microsoft revenue rises 19% to $92.3 billion on strong cloud growth
Cloud revenue hits $63.9 billion with 30% growth; Azure up 48% as company starts FY27 on higher earnings
DeepSeek, Moonshot used OpenAI'sGPT-6 Astra to train latest models: Report
The practice, known as distillation, has become a flashpoint for leading AI companies as US-China technology competition intensifies, with firms arguing it allows rivals to reproduce advanced capabilities more quickly and cheaply
Google owner Alphabets shares plummet on profit miss, ad slowdown
Net profit slid 25 percent from a year earlier to $26.2 billion in the July-to-September period, or $2.12 per share
Q2 Results Today, 29th October 2026 Live Updates: businessline brings to you latest Q2 announcements, earnings updates and more.
Google launches Gemini 4 Carbon AI model with cybersecurity focus
Gemini 4 Carbon will be priced at $2 per million input tokens and $10 per million output tokens, matching Gemini 4 Argon's introductory pricing
Info Edge appoints Sanjeev Bikhchandani back as CEO & MD, after Hitesh Oberoi steps down
Bikhchandanis appointment is scheduled to run until April 26, 2031, in line with his existing shareholder-approved term, the company said
Semiconductors could sidestep a key solar-energy trade-off through a newly identified mechanism
A study led by the University of Oxford has identified a novel semiconductor that overcomes a key limitation of light-harvesting materials. The results, published today (Oct. 28) in Nature, could enable more efficient solar panels with higher outputs.
Tanla Q2 PAT up 17% at 146 crore
Revenue rose 25.3% to 1,351.7 crore from 1,078.5 crore, while EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) grew 20.8 per cent to 2,14.3 crore
Apple bets MacBook Pro buyers will pay more for touch screens
Apple plans to unveil new 14- and 16-inch high-end MacBook Pro models at its Pro and Tell event
Meta, Snap head to trial in another case about social media
Jury selection is expected to begin on Wednesday in Los Angeles for another landmark trial about the alleged harms of social media on young users, with Meta and, for the first time, Snap as defendants.
AI chip giant SK hynix posts sevenfold surge in quarterly operating profit
South Korean chip giant SK hynix on Wednesday reported a 632% surge in third-quarter operating profit, fueled by booming demand for AI semiconductors, and unveiled plans to return an additional $45 billion to shareholders.
Google sees AI as an economic equaliser for Indias small businesses
Google Indias Preeti Lobana highlighted AIs potential to transform business operations and strengthen small enterprises as India advances towards Viksit Bharat 2047
Apple phasing out full Rosetta support in upcoming macOS updates
Going forward, its support will be limited strictly to select older, unmaintained games that rely on Intel-based frameworks
Gnani AI launches Prisma v3.0, a speech-to-text model trained on Indian phone calls
Prisma v3.0 is trained on Indian telephone audio and heavily code-mixed speech
Oracle's Larry Ellison dismisses 'SaaS apocalypse' fears, says AI will make software better
Business software has so far never been fully finished for any one industry, Ellison says
Indus Towers Q2 net profit slips 2.5% to 1,793 crore
Indus Towers consolidated revenue rose 4% to 8,516 crore, and EBITDA edged up 0.4% to 4,633 crore
COAI bats for standard power outdoor use of lower 6 GHz band
Enabling them would ensure the 500 MHz of delicensed spectrum is fully used and can be accessed by all service providers
India among Oracle NetSuite's highest-priority markets, says Asia head Suxena
One of the biggest advantages India has is that we have a young population which is actually now native to using cloud and AI: Suxena
Alleged Israeli spy company heavily targeted Starlink users, sources say
Finding ways to track Starlink users has become a cottage industry as governments around the world try to get a grip on the spread of satellite internet terminals
OpenAI plans to buy Google's AI chips: Report
OpenAI in June unveiled its first custom AI chip designed with Broadcom, and said it planned to deploy the processor by the end of this year
Three South Korean financial firms including Bithumb report data breaches, Yonhap says
Daishin Securities said about 38,000 customer records were leaked and emergency measures were taken, Yonhap reported
Why were you shown that ad? Most platforms still won
Article 39 of the EU Digital Services Act (DSA) requires very large online platforms (VLOPs) and very large online search engines (VLOSEs), including social media platforms like Instagram, shopping platforms like Temu and app stores like Google Play, to provide a database of all advertising shown and transparency as to who paid for each ad, which user demographics were targeted and how many users were reached in each country.
Researchers develop wearable sensors to track movement during sports and exercise
What does a good biceps curl look like? Walk into a busy gym, and the answer may vary from one person to the next. Some people learn by watching a trainer, while others copy fellow gym-goers or follow videos on their phones. Without regular supervision, beginners may not recognize when their form changes or a movement is being performed incorrectly.
Flash heating offers faster way to recover critical metal from e-waste
Many electronic devices use flame-retardant plastic as casing in order to reduce the risk of electrical fires. This plastic is formulated using a metal called antimony along with organic bromide compounds. In fact, 39% of the world
Voluntary buyouts offer Big Tech an alternative to layoffs
Experts say buyouts offer a relatively graceful way to reset costs, remove unnecessary layers, and redirect investments
Stay tuned to businessline for more business, financial and stock market news.
Cognizant expands partnership with Travelport
The IT major will work towards embedding AI across the Travelports platforms, products and operations enabling faster innovation, greater efficiency and enhanced traveler experiences
VIT Chennai to host Marketing Conclave 2026 on AI and the future of marketing
The October 30 event will feature panel discussions, fireside chats and networking opportunities covering emerging marketing trends and entrepreneurial challenges
Waaree Energies explores data centre entry as Q2 FY27 profit falls 15%
For the quarter ended September 30, 2026, Waaree Energies reported consolidated net profit attributable to owners of 719 crore, compared with 842 crore in the year-ago period
HCLTech expands Climate Action Grant to 24 countries, to give $1.25 million to four NPOs
The company launched the HCLTech Grant for Climate Action in the Americas in 2023 to support locally relevant solutions to pressing climate and environmental issues
Sarvam inks 5-yr pact with Defence Ministry for AI projects across armed forces
Under the agreement, Sarvam will design, develop and deploy AI applications catering to operational, training and decision-support requirements of the armed forces, besides providing technical support
BharathCloud opens 2nd Hyderabad office, plans to hire over 500 employees
The facility is also set to house the firms Global Network Operations Centre
The number of wireless mobile subscribers increased from 1,293.43 million at the end of August to 1,300 million at the end of September, registering a monthly growth rate of 0.51%
India needs resilient semiconductor supply chains to move up the value chain
Industry leaders highlighted opportunities in advanced packaging, quantum technology and photonics, while calling for better training to meet semiconductor industry needs
Truecaller launches Lite app for budget android phones ahead of Indias festive season
Truecaller says the lighter app draws on the same database and detection systems as its main application, which identified over 68 billion spam and fraud calls in 2025
Cognizant signs five-year technology transformation deal with EBRD
Cognizant will deliver technology services spanning digital and workplace management, cloud infrastructure, data and security, software engineering, automation and AI
Anthropic points to AI dangers, soaring sales in IPO filing
The listing would be the first by one of the standalone companies leading the race to build advanced AI, ahead of its main rival OpenAI, the ChatGPT-maker
Apples Foldable iPhone Duo Draws Early Complaints of the Screen Cracking
Reports of the problem first surfaced on Reddit and other social media sites
Tunable gate electrodes could help semiconductors operate at lower voltages
Smartphones and computers process information by switching the current that flows inside semiconductors on and off. The gate electrode delivers the signal that controls this switching. Until now, gate electrodes have typically been made from metals whose electronic properties are fixed.
Printed electronics turn mattress protectors into fall-risk monitors
Australian medtech company Sleeptite and RMIT University researchers have secured a U.S. patent for smart bedding technology designed to monitor residents
TRAI finalises authorisation framework for FAST channels
In addition to existing permitted or authorised television channels, a framework has been recommended for simple registration of Internet-native linear television channels
Microsoft offers buyouts to around 60,000 employees: Report
The reported offer comes as the companys workforce plans draw attention, with Microsoft yet to respond to a request for comment.
Apple Debuts $699 Water-Resistant iPad Mini With OLED Screen
The tablet, priced at $699(82,990), features an 8.5-inch OLED, or organic light-emitting diode, screen that delivers deeper blacks, brighter whites and improved contrast.
Q2 Results Today, 26th October 2026 Highlights: Stay tuned to businessline for more Q2 updates
The company restructured the Zee Studios and movie acquisition vertical to accelerate growth
AI drives productivity, but fails to spark broad based growth in IT
AI is becoming increasingly embedded in service delivery, operations, software engineering, and business transformation programs, with providers reporting higher levels of AI-related demand and stronger disclosure of AI business metrics
Nazara Technologies reports net profit of 35.36 crore in Q2 led by gaming revenue
Revenue from operations reached its highest-ever quarterly high at 803 crore, increasing 53% annually and 87% quarterly
Q2FY27: North America lagged Europe in revenue growth for Indian IT firms
Along with Europe, the UK, Asia Pacific, and other emerging markets also outperformed North America
Amaravati to host NIELITs Quantum and AI University Campus
NVIDIA to associate with AI Living Labs initiative
