Entrepreneur News Network

Tech Mahindra Reports 28% Growth in Q1 FY27 Profit, Deal Wins Cross $1 Billion for Third Consecutive Quarter

Tech Mahindra

Pune: IT services company Tech Mahindra reported a strong financial performance for the first quarter of FY27, with consolidated net profit rising 28% year-on-year to ₹1,465 crore, supported by robust deal wins, expanding margins, and growing demand for AI-led digital transformation services. The company also posted 17.7% year-on-year growth in consolidated revenue, which increased to … Read more

Cribl Acquires Israeli Cybersecurity Startup CardinalOps to Strengthen AI-Powered Security Platform

Cribl Founder

San Francisco | Tel Aviv: U.S.-based telemetry management company Cribl has announced the acquisition of Israeli cybersecurity startup CardinalOps, strengthening its artificial intelligence-driven cybersecurity platform and expanding its global operations. While the companies did not officially disclose the financial terms of the transaction, industry estimates value the deal at approximately $100 million. The acquisition is … Read more

HCLTech Enters Full-Stack AI Market with ₹3,500 Crore Investment in AI Data Centres

HCL Tech

Noida: HCLTech has announced its entry into the rapidly growing full-stack artificial intelligence (AI) market, backed by a planned investment of up to ₹3,500 crore to establish AI data centres in India. The company said the strategic investment will enable it to deliver end-to-end AI infrastructure, cloud, software, and managed services to enterprises and government … Read more

TCS Expands 20-Year Partnership with ABB to Deliver AI-Powered Global Network Operations

TCS

Mumbai/Zurich: Tata Consultancy Services (TCS), a global IT services, consulting, and business solutions company, has announced an expanded strategic partnership with global electrification and automation leader ABB to modernize the company’s worldwide network operations. The multi-million, multi-year engagement marks the next phase of a collaboration spanning more than two decades. Under the new agreement, TCS … Read more

LTM Partners with Anthropic to Accelerate Claude Adoption and Expand Enterprise Delivery

LTM

Mumbai: AI-centric technology services company LTM, part of the Larsen & Toubro (L&T) Group, has announced a strategic partnership with Anthropic, the artificial intelligence company behind the Claude family of AI models. The collaboration aims to help enterprises accelerate the adoption of Claude, Claude Code, and Claude Cowork across software engineering, application modernization, and business … Read more

Accenture Wins €200 Million NATO Contract to Build Secure Cloud Infrastructure with Leonardo

NATO Announces Major Contract with Accenture

Ankara, Turkey: Global consulting and technology services leader Accenture has secured a multi-million euro contract worth approximately €200 million from the NATO Communications and Information Agency (NCIA) to modernize the alliance’s digital infrastructure. The project, to be delivered in collaboration with Leonardo, will span the next seven years and support NATO’s transition to a secure, … Read more

UST partners Anthropic to train 20,000 staff on Claude

Manu Gopinath, President, UST.

Mumbai: Digital transformation and AI solutions company UST has announced a strategic alliance with Anthropic, the company behind the Claude family of AI models, to help Global 1000 enterprises accelerate enterprise-wide AI adoption. As part of the collaboration, UST will integrate Claude across its engineering platforms, enterprise solutions, consulting services, and internal operations while training … Read more

78% of Singapore IT Leaders Say Weak Data Infrastructure Is Slowing AI Adoption, Confluent Report Finds

78% of Singapore IT Leaders Say Weak Data Infrastructure

A new global survey is putting numbers to a problem many enterprise IT teams have felt for a while: companies are racing to deploy AI faster than their data infrastructure can actually support it. According to Confluent’s 2026 Data Streaming Report, which surveyed 4,625 IT leaders across 14 countries including India and Singapore, 78% of … Read more

DXC Technology Opens AI-First Customer Experience Center in Bengaluru to Drive Enterprise AI Innovation

DXC Technology

Bengaluru: Global technology services leader DXC Technology (NYSE: DXC) has inaugurated a new AI-first Customer Experience Center in Bengaluru, strengthening its commitment to helping enterprises accelerate AI adoption and digital transformation. The facility, one of DXC’s largest global delivery hubs, is designed to enable organizations to move from AI experimentation to large-scale deployment while expanding … Read more

Capillary Technologies Discloses €3 Million Deepfake Banking Fraud at Overseas Subsidiary

capillary-technologies

New Delhi: Customer loyalty and engagement platform Capillary Technologies has disclosed that one of its recently acquired overseas step-down subsidiaries was targeted in a sophisticated cyber-enabled banking fraud involving advanced deepfake technology. The incident resulted in the fraudulent transfer of approximately €3 million (around ₹32.7 crore) to unauthorized third-party bank accounts. The Bengaluru-based company informed … Read more

NVIDIA Launches Revenue-Sharing Model to Expand AI Cloud Infrastructure and Accelerate Enterprise AI Adoption

Nvidia

New Delhi: NVIDIA has introduced a new revenue-sharing and credit-support business model aimed at expanding access to large-scale AI computing infrastructure for startups, enterprises, AI model developers, research organizations, and regional cloud providers. The initiative reflects the rapidly evolving AI landscape, where demand is shifting from training large language models to running production-scale AI inference … Read more

ServiceNow Acquires Israeli AI Startup ai.work in Multi-Million Dollar Deal

Servicenow

Enterprise software company ServiceNow has acquired Israeli AI startup ai.work as part of its ongoing expansion in Israel and broader strategy to strengthen its artificial intelligence capabilities. While the companies have not officially disclosed the financial terms, the transaction is reportedly valued at tens of millions of dollars. The acquisition reinforces ServiceNow’s focus on building … Read more

MyRepublic and TP-Link Expand Strategic Partnership to Deliver Advanced Connectivity Solutions for Singapore SMEs

MyRepublic

MyRepublic Broadband Pte Ltd and TP-Link Corporation Pte Ltd have signed a Memorandum of Understanding (MoU) to expand their strategic partnership, strengthening their commitment to providing advanced internet connectivity and enterprise networking solutions for small and medium-sized enterprises (SMEs) in Singapore. The agreement will enable both companies to collaborate on delivering next-generation networking infrastructure, helping … Read more

AI Coding Costs Could Overtake Developer Salaries by 2028—Here’s Why It Matters

AI Coding Cost

There’s an uncomfortable conversation happening in the war rooms of enterprise IT right now, and it goes something like this: we invested in AI to reduce costs, so why is the invoice getting larger? A new Gartner prediction, published June 2026, puts a hard date on what many engineering leaders already quietly suspect. By 2028, … Read more

NTT DATA Partners with Cursor to Accelerate Enterprise AI Modernization and Strengthen AI Governance

NTT Data

As enterprises accelerate investments in artificial intelligence, organizations are increasingly looking for ways to modernize legacy applications while maintaining security, governance, and operational control. In a significant move aimed at transforming enterprise software engineering, NTT DATA has announced a strategic partnership with Cursor, one of the world’s leading multi-model AI coding platforms. Under the partnership, … Read more

EXL to Acquire iMerit in $310 Million Deal

EXL to acquire iMerit Technology

Artificial intelligence is rapidly moving from experimentation to enterprise-wide deployment, and organizations are increasingly seeking partners capable of building trustworthy, domain-specific AI solutions. In one of the biggest AI-focused acquisitions of the year, EXL (NASDAQ: EXLS) has announced a definitive agreement to acquire AI model training and reinforcement learning specialist iMerit in a transaction valued … Read more

Google Cloud Appoints New Leaders for Thailand and Indonesia to Accelerate AI and Cloud Growth in Southeast Asia

Google Cloud Appoints

Google Cloud has strengthened its leadership team in Southeast Asia with the appointment of Saruj Thipsena as Country Manager for Thailand and Karim Siregar as Country Director for Indonesia. The leadership changes come as demand for cloud computing, artificial intelligence (AI), and digital transformation solutions continues to accelerate across the region. The appointments reflect Google … Read more

Info-Tech LIVE 2026 Highlights: Thousands of Global IT Leaders Gather in Las Vegas to Explore the Future of Agentic AI, Cybersecurity, Governance, and Digital Transformation

Info-Tech LIVE 2026

Info-Tech Research Group has concluded its flagship Info-Tech LIVE 2026 conference in Las Vegas, bringing together thousands of CIOs, CISOs, CTOs, and senior technology executives to discuss one of the most pressing questions facing enterprises today: how to transform artificial intelligence investments into measurable business value. Held at the Bellagio from June 9–11, the conference … Read more

MaiAgent Showcases Enterprise AI Agent Platform at VivaTech 2026, Targets Global Expansion

MaiAgent

Taiwan-based enterprise AI platform MaiAgent is showcasing its AI agent technology at VivaTech 2026 in Paris, positioning itself as a solution for organizations seeking to move beyond artificial intelligence pilot projects and deploy production-ready AI systems at scale. The company announced that its platform is helping enterprises accelerate AI transformation by eliminating the need to … Read more

CtrlS Datacenters Secures ₹7,000 Crore Investment Commitment from CPP Investments to Accelerate AI-Ready Data Center Expansion in India

CtrlS Datacenters

CtrlS Datacenters Ltd. has announced a landmark strategic partnership with CPP Investments, one of the world’s largest institutional investors, to accelerate the expansion of hyperscale and AI-ready data center infrastructure across India. Under the agreement, CPP Investments will commit up to ₹7,000 crore to support CtrlS’ next phase of growth, reflecting increasing investor confidence in … Read more