Is India ready for the AI revolution? The rapid advancements in artificial intelligence, from generative AI tools to sophisticated machine learning algorithms, are transforming industries across the nation. From fintech's burgeoning use of AI-powered fraud detection to the agricultural sector's embrace of precision farming technologies, the impact is undeniable. This week saw a major breakthrough in indigenous 5G technology development, signaling India's growing prowess in the global tech landscape. But alongside this progress comes the crucial discussion surrounding data privacy, cybersecurity, and the ethical implications of AI deployment. How will India navigate these challenges and harness the transformative power of technology for inclusive growth? Explore the latest developments in Indian tech, from the rise of digital payments to the burgeoning startup ecosystem, and discover how innovation is shaping the nation's future. Stay informed with Abtak.com – your gateway to understanding the tech revolution reshaping India.
Bengaluru: A US-based tech giant, Oracle has laid off around 12,000 employees in India, with another round expected within weeks. The layoffs reportedly are part of a global reduction of nearly 30,000 roles and come as growth in India's IT services industry slows sharply after two decades of expansion. Globally, Oracle, American multinational technology company headquartered in Austin, has reportedly fired around 30,000 employees. According to the employees, Oracle has communicated the layoffs directly via email, informing them that their roles have been eliminated with immediate effect. The company has reportedly offered 15 days' salary to each employee who has completed a year of service in India, in addition to one month of unpaid wages till termination date, leave encashment, gratuity based on eligibility and pay for a one-month notice period. Oracle has also offered a two-month salary as a top-up. However, these benefits are available only to employees who opt for voluntary and amicable separation.
Not long ago, India's Global Capability Centres (GCCs) were simply backroom engines -- managing payroll, IT help desks, or processing data to save global companies time and money. Fast forward to today, and these same centers are at the heart of transforming how the world's biggest businesses invent, experiment, and scale with artificial intelligence. India is now home to more than 1,700 GCCs, which employ nearly 1.9 million professionals. These centers have quietly shifted from checking boxes to imagining what's next. Today, instead of following orders, they help global firms dream up new pr ...Read More >
Mumbai: The income tax (IT) department conducted raids at over 150 locations across the country against false tax deduction disguised as political donations as well as educational and medical expenses. The investigation has revealed that employees of government bodies, public sector undertaking (PUS), multinational companies, academic institutions and entrepreneurs were a part of these organised rackets. On Monday, the IT department initiated a large-scale verification operation across multiple locations in the country, targeting individuals and entities facilitating fraudulent claims of dedu ...Read More >
New Delhi [India], August 1 (ANI): The Indian Embassy in Ireland has advised all citizens to take precautions and be aware of their surroundings for their personal security following a recent increase in physical attacks against Indian nationals in the country. The Embassy further stated that they are in touch with the Irish authorities to address the situation. Also Read | Tragedy at Cleethorpes: UK Teen Dies After Swimming on Full Stomach of Pizza and Chips, Coroner Warns of Hidden Dangers of Swimming Too Soon After Eating. The Embassy has also provided emergency contact details for India ...Read More >
New Delhi: The flexible office space market of India has witnessed a sharp surge over the past eight years, with annual transaction volumes rising 8.4 times from 2.2 million sq ft in 2017 to 18.6 million sq ft in 2025 across the top eight cities, a report showed on Wednesday. The report by Knight Frank India highlighted that such growth indicated a compound annual growth rate (CAGR) of 30 per cent, significantly outpacing the broader office market, which grew at 9 per cent over the same period. Flex space penetration has also increased sharply from 5 per cent in 2017 to 21 per cent in 2025, ...Read More >
Bengaluru: The Karnataka government has decided to bring in a legislation to provide one day paid leave every month for women employees across the sectors, during their menstrual periods. Karnataka Labour Minister Santhosh Lad, who made the proposal in the Cabinet meeting on Thursday said that the bill will be applicable to all the women working both in private and public sectors. Stating that this was the first of its kind in the country, the government, in 2024, had proposed six menstrual leaves per year. ''However, it does not serve the purpose. I am aware of the physical pain and mental ...Read More >
India's commercial real estate market experienced a significant upswing in Q3 CY25, with office leasing surpassing supply for the sixth consecutive quarter. Net leasing rose 31% year-on-year to 15.9 million sq. ft, while completions increased 44% YoY. Vacancy rates dipped to 14.2%, and rents saw an increase across major cities. India's commercial real estate market saw a major upswing in Q3 CY25, with office leasing continuing to exceed supply for the sixth straight quarter, a report said on Fri ...Read More >
Mumbai, March 31: The Ministry of Electronics and Information Technology (MeitY) has proposed significant amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. The draft rules aim to expand regulatory oversight to include news and current affairs content shared by social media users who are not registered publishers. By bringing user-generated news dissemination under the Digital Media Ethics Code, the government seeks to ensure that individual accounts adhere to the same regulatory framework as digital news organisations. The Ministry h ...Read More >
Hyderabad: The Hyderabad Cyber Crime Police have apprehended a 29-year-old man from East Godavari, Andhra Pradesh found actively involved in a high-profile movie piracy racket. In a span of one and half year, he has recorded and leaked about 40 movies in various theaters across Hyderabad. Police arrested Jana Kiran Kumar, works as an AC Technician and residing at NGOs Colony, Vanasthalipuram, Ranga Reddy District and native of Andhra Pradesh. According to police, on June 5, police received a complaint from Yarra Manindra Babu, representing the Anti-Video Piracy Cell of the Telugu Film Chambe ...Read More >
Pune: The office leasing market in Pune experienced a notable surge in the first half of 2025, continuing with the trend observed in 2024. This increase was primarily fuelled by Global Capability Centers (GCCs), which are the Indian technology hubs of multinational corporations, as they aggressively expanded their operations. The GCCs secured a larger proportion of available office spaces in the city during the initial six months of the year, with a particularly strong increase in activity during the April-June quarter.Reports indicate that the total office spaces leased in Pune from Jan to Ju ...Read More >
Srinagar: Two months after Operation Sindoor, Jammu and Kashmir is still facing digital outage as several government websites are still inaccessible due to non-compliance with digital security parameters, posing difficulties for the public and officials in service delivery and e-governance. Following Operation Sindoor, launched by India on May 6 in response to the Pahalgam terror attack in which 25 tourists and a local pony rider were killed, several public sector websites and applications went offline. Union minister for power Manohar Lal Khattar recently revealed in a press conference in S ...Read More >
Anthropic PBC is embedding its Agentic AI tools into Air India Ltd. amid a bevy of other Indian companies, as part of its push to tap into the world's largest internet population. That's a fresh challenge for the likes of Tata Consultancy Services Ltd. to Infosys Ltd. The airline, controlled by TCS owner Tata Group, is using Claude Code to create custom software faster and cheaper, as part of a broader push to use Agentic AI across its operations. "Our partnership with Anthropic PBC is pivotal ...Read More >
INDIA: A 6 a.m. email erased 20 years of service for some workers in India following the Oracle layoff of 12,000 in the country, which is part of a larger global reduction impacting approximately 30,000 workers or roughly 18% of its workforce. A post on Instagram says: "No warning. No HR call. No manager meeting. Oracle employees across India woke up to a termination email at 5 or 6 AM with immediate effect." It also laments that the cut involves 12,000 jobs in India alone. "Just got an email at 5 a.m. Over 20 years of service. Nice," wrote an employee online, as reported by software_muchat ...Read More >
Infosys has announced an average 85% performance bonus for eligible employees in Q2 FY25, reflecting its strong financial performance. The bonus, paid to mid- and junior-level staff, will be credited with the November salaries, with individual payouts varying based on performance. This follows Infosys' impressive 4.7% rise in Q2 net profit and a revenue increase of 5.1%, leading to an upward revision of its FY25 revenue guidance. The bonus payout surpasses the previous quarter's 80%, with Infosys outpacing rivals like TCS. Employees are also awaiting salary hikes, with revisions expected from ...Read More >
Bengaluru: After facing roadblocks several times, Bengaluru's much-waited Namma Metro Yellow Line is all set to begin operations on January 6. Once operational, the metro line that connects RV Road to Bommasandra will be a crucial addition to the city's metro network as it links Electronics City, a hub for major companies like Infosys and Biocon. Confirming the updates, Lok Sabha MP from Bengaluru South Tejasvi Surya on Thursday said that the first train is ready and will be dispatched to Bengaluru in the first week of January. "We now have the first train ready to be dispatched to Bengaluru ...Read More >
The Income-Tax Department has found organised rackets operated by some returns preparers and intermediaries across the country, filing income-tax returns (ITRs) on behalf of their clients -- including employees of multinational companies, public sector firms, government bodies, academic institutions, and entrepreneurs -- to fraudulently claim exemptions and refunds, the Finance Ministry said. The department is now poised to take stern action against continued fraudulent claims, including penalti ...Read More >
New Delhi: The death sentence of Kerala nurse Nimisha Priya, who was sentenced to death in Yemen, has been postponed for the time being. She was to be executed by shooting today, July 16. According to media reports, activist groups and influential religious leaders intervened in the matter, after which the death sentence of Nimisha Priya was postponed. Earlier, many efforts were also made at the diplomatic level to save Nimisha from the death penalty. There is also news that the victim's family has not yet agreed to clemency or blood money. As a last-ditch effort to save her, Kanthapuram A. ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including advanced markets in Japan and Europe, which is aligned with India's vision of becoming a global aut ...Read More >
New Delhi, Oct 3 (PTI) Candidates appearing in Staff Selection Commission (SSC) exams can now view their question papers, responses and the correct answers after taking the test, as the Commission has rolled out a series of reforms to make its examinations more transparent and secure. This move would allow the candidates to challenge answer keys with evidence, as well as keep copies for their personal use, officials said on Friday. They said the steps balance exam integrity with candidate welfare, as the Commission prepares for a busy examination cycle in the coming months. A key reform rel ...Read More >
Bengaluru (Karnataka) [India], October 16: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $5,076 million in Q2 revenues, year on year growth of 2.9 and sequential growth of 2.2 in constant currency. Operating margin was at 21.0. Free cash flow generation was strong at $1.1 billion, 131.1 of net profit. TCV of large deal wins was $3.1 billion, with net new of 67. Employee headcount increased by 8,203. Second consecutive quarter of strong performance. Revenue growth of 2.2 sequentially in Q2 and 3.3 in H1 in CC; Large d ...Read More >
India's second largest software exporter also narrowed its revenue estimates for the fiscal year by lifting the lower end of the growth guidance, to 2-3% from 1-3% in constant currency, which excludes the impact of currency movements. This is a further improvement from the previous quarter, when it tweaked the outlook from the earlier 0-3% growth. It retained the operating margin guidance of 20-22%. Infosys on Thursday beat analyst estimates with a 13.2% year-on-year and 6.4% sequential increase ...Read More >
Hyderabad: The income-tax (IT) department has conducted inspections at 200 locations across the country, including among individuals employed in the Information Technology (IT) sector with links to Telangana, over the submission of fake bills to claim tax deduction. Although the raids were carried out in Maharashtra, Tamil Nadu, Delhi, Gujarat, Punjab, and Madhya Pradesh, it was reported that employees of several IT companies based in Maharashtra and Tamil Nadu -- originally from Telangana and holding Aadhaar addresses in various parts of the state -- had submitted ITRs with fake bills for ed ...Read More >
Hyderabad: Six information technology (IT) professionals were arrested by prohibition & excise sleuths for allegedly being in possession of drugs at a birthday party at a farmhouse in Medipally village in Shankarpally on Saturday night. They also seized 0.05 grams LSD blots, hashish oil, a scotch bottle and three cars -- BMW, Jeep and Datsun Go -- from their possession.The arrested accused were identified as Abhijith Banerjee, Simpson, Parthu, Goyal, Yashwanth Reddy and Sevio Dennis.Excise officials said the six friends, who at various points of time worked for a prominent MNC in the city, rea ...Read More >
India's Global Capability Centers (GCCs) are evolving from cost-saving back offices to innovation hubs, driving global product development and digital solutions. With over 1,600 GCCs currently, projected to generate $121 billion in revenue by 2030, India is becoming a strategic innovation powerhouse. For decades, India has been perceived globally as the world's back office, a reliable destination for IT services, business process outsourcing, and support functions. But in recent years, this narrative has undergone a dramatic transformation. At the heart of this shift is the rise of Global Cap ...Read More >
Healthcare GCCs are likely to be among the most resilient contributors to a rise in GCC employment, reflecting the demands of healthcare and the capability of the workforce delivering it. India's employment engine in technology is no longer powered only by traditional IT services. That model, which scaled rapidly in earlier decades, is now more exposed to global demand cycles. Slowdowns in discretionary technology spending or project-based work have led to uneven hiring patterns across the secto ...Read More >
Bengaluru, March 31: Fresh concerns over potential layoffs at Oracle Corporation in India have triggered anxiety across the tech sector, after multiple employees claimed they were abruptly terminated early Tuesday morning through emails sent around 6 AM IST. According to posts circulating on platforms like Reddit and other online forums, several employees reported being locked out of their work systems almost immediately after receiving termination emails. The sudden and impersonal nature of the process has drawn widespread criticism, with many alleging there was no prior communication from m ...Read More >
Bengaluru, March 31: After weeks of speculation, fresh reports indicate that Oracle Corporation has initiated a new round of layoffs, impacting multiple teams across regions, including India. Employees claim the layoffs were abrupt and communicated through early morning emails, some arriving as early as 5 AM to 6 AM, leaving little room for preparation or response. Several employees shared their experiences on platforms like Blind and Reddit, describing a sudden and impersonal process. According to these accounts, emails from "Oracle Leadership" informed them that their roles had been elimina ...Read More >
BENGALURU: A quiet morning in north Bengaluru's Kothanur neighbourhood spiralled into tragedy when a 32-year-old IT engineer was found dead in his apartment. Within minutes of discovering his body, his wife died by suicide after jumping from the 18th floor of the same residential complex, police said.According to police, the woman, who worked with an IT firm, had returned from Hyderabad earlier that morning. Around 7.30am, she alerted apartment security after her husband failed to respond to repeated calls and did not open the bedroom door.Security personnel broke open the door and found him h ...Read More >
New Delhi: Lieutenant governor Taranjit Singh Sandhu has directed the Delhi Development Authority (DDA) to promote Dwarka sub-city as a vibrant hub for international events, business engagements and cultural activities, citing its strategic location and expanding infrastructure.Sandhu reviewed several projects in Dwarka on Wednesday, including storm water channels No. 2 and 5, the golf course at Sector-24, the five-star hotel project at Sector-23, Bharat Vandana Park and the Yashobhoomi Convention Centre.Highlighting Dwarka's connectivity through UER-II, proximity to IGI Airport and facilities ...Read More >
Lucknow, Jul 17 (PTI) To curb illegal mining and transportation, the Uttar Pradesh government is deploying advanced technologies under the Integrated Mining Surveillance System (IMSS), a release said on Thursday. Mining activities are already being monitored through drones, geo-fencing, RFID tags, and AI-powered check gates. Now, the state is set to introduce 'Weigh-In-Motion' (WIM) technology to accurately track vehicle overloading. Also Read | 'Arvind Kejriwal Used Government Funds to Buy Mobiles Costing Up to INR 1.63 Lakh', Claims Delhi Minister Ashish Sood. According to the official re ...Read More >