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    GCCs ramp up hiring for AI, data, cybersecurity professionals; face talent shortage: Report

    India's GCCs are directing a greater share of technology recruitment towards specialists who can deploy AI, manage data and secure enterprise systems, according to the India GCC Tech Talent Landscape - Q2 FY27 Report by staffing and workforce solutions provider Quess Corp.

    AI, data, cybersecurity lead tech hiring with 30.3% share in September quarter

    In India, the demand for roles in AI, data, and cybersecurity within Global Capability Centers (GCCs) has surged, even amid a slight overall hiring decline. AI and data professional roles saw a 14% increase quarter-on-quarter, while cybersecurity positions grew by 12%. Notably, tier-2 cities like Coimbatore achieved a remarkable 30% growth. By 2030, the GCC workforce in India is projected to reach between 2.7 and 2.8 million.

    These mid-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 28%, according to analysts

    Global markets on Wednesday celebrated the outcome of the US mid-term election as well as a sharp drop in oil prices. Oil prices, which at the end of last week were at about $118 to the barrel, are now under $95. The hope clearly is that Democrat control of both chambers of the US Congress will pressure the Trump administration to pursue a diplomatic end to the conflict with Iran in the Gulf.

    Ahead of Market: 10 things that will decide stock market action on Thursday

    Indian markets extended their rally, with Sensex gaining 384 points to 77,301 and Nifty rising 150 points to 23,961, marking two-month highs. Positive sentiment, strong earnings, festive demand and buying across mid- and small-caps supported gains.

    U.S. and Japanese Companies Struggle with Different Parts of AI Adoption—and Offer Different Lessons for Making It Work

    Companies in both the U.S. and Japan are struggling to deploy AI, but often in very different ways. In the U.S., deployment is wide but shallow, meaning companies struggle to create real value with AI. In Japan, deployment has moved slowly, but where it has happened, it’s often deep and fruitful. Understanding what’s happening in both contexts offers important lessons for companies trying to develop an AI strategy and demonstrate ROI on their AI investments.

    India's stock market volatility since last Diwali saw 60 stocks lose up to 96%

    At least 63 stocks with a market capitalisation of over Rs 1,000 crore have lost more than half their value since last Diwali, with some plunging 60-95% amid a broad-based selloff across sectors. Elitecon International was the worst performer, tumbling 96%, followed by Reliance Infrastructure, Kothari Industrial Corporation and Fischer Medical Ventures.

    • Stocks in news: NSE, BSE, SBI, Happiest Minds, MCX, IEX and Minda Corp

      The Indian stock market continues its upward momentum, with the Nifty 50 showing a robust rally and hitting significant resistance levels. Major players like NSE and SBI have posted remarkable quarterly results, illustrating their strong profitability and revenue growth. Firms such as Happiest Minds Technologies and the Multi Commodity Exchange of India contributed positively to the market's performance.

      Binance’s $6.3 billion hack dwarfs Bybit's $ 1.5 billion breach: Is cryptocurrency theft getting bigger?

      Binance has recently reported a major security breach impacting approximately $6.3 billion in digital assets. After the hack, the exchange temporarily suspended withdrawals while assessing their security systems. Hackers allegedly linked to North Korea have raised concerns about the effectiveness of security measures in cryptocurrency exchanges. Investigators are working to trace the stolen funds and recover as many assets as possible.

      Better forecasts save lives in cyclones, but India needs stronger defences and faster recovery

      India experiences an average of five cyclones annually, with two becoming severe cyclonic storms. The Bay of Bengal generates more cyclones than the Arabian Sea due to its shape and temperature. Improved cyclone response has led to reduced fatalities through timely evacuations and better tracking. However, there is a need for enhanced infrastructure and environmental defenses to decrease destruction.

      Who sent $2 bn military equipment to Iran past US blockade? More than 5,000 agencies

      Iran has developed a clandestine network involving over 5,000 agencies to import military equipment and evade sanctions. This network functions despite ongoing US naval blockades and sanctions since the war began. Extensive investigations reveal significant transactions and military logistics supporting their activities. The secretive agencies have been linked to the Islamic Revolutionary Guard Corps and elite controlled businesses.

      India is addressing Wall Street’s favourite ‘elephant’ in the room to its own advantage

      The Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning farming, railway safety, tax compliance, public grievances, customs and healthcare. While some tools are already in use, others remain in pilot or development stages.

      US semicon gear giant KLA eyeing India manufacturing

      KLA makes advanced inspection tools, metrology systems, process solutions and computational analytics for manufacturing semiconductors and related technologies. The Milpitas, California-headquartered firm has operations spread across 18 regions and reported a revenue of $12.74 billion in CY2025.

      Google Cloud showcases AI tools to help Indian SMBs boost productivity, automate operations

      The demonstration took place at Cloud Day India 2026 in New Delhi, which was attended by more than 600 business and technology leaders. The event was held under the theme 'Any size. Every scale. AI that works for you'.

      India Inc wants AI talent to transform manufacturing space

      Manufacturing firms are increasingly focusing on integrating artificial intelligence into their operations for efficiency. Companies such as Honeywell Technologies and RPG Group are actively searching for AI and digital leaders. These leaders are expected to bridge the gap between technological advancement and manufacturing processes. Companies are also searching for talent in overseas markets, particularly among Indian-origin executives.

      byteXL strengthens leadership team to fuel AI and skilling push

      byteXL has appointed four senior executives across operations, business, strategy and finance as it prepares to scale its institutional network from 40 to 120 colleges and reach 500,000 students over the next two years. The company is also expanding programmes in AI, GCCs, electric vehicles, semiconductors and precision engineering as it shifts towards a deeper technology focus.

      Pepper crosses $11 million ARR as SEO and GEO pivot pays off, eyes $30 million in 12 months

      The eight-year-old content platform says it is already profitable and expects roughly ₹20 crore EBITDA this financial year, with the US driving most of its growth

      Versigent leases nearly 3 lakh sq ft of industrial space in Chennai

      The company will pay a monthly rent of Rs 1.08 crore for the space, at a rate of Rs 37 per sq ft per month. The agreement includes a security deposit of Rs 6.48 crore and provides for a 15% escalation in rent every three years.

      Jio BlackRock International AMC (IFSC) launches JioBlackRock Advantage World Equity Fund (IFSC), its first GIFT City fund

      JioBlackRock has launched the Advantage World Equity Fund through GIFT City, offering eligible Indian investors access to global developed-market equities. The feeder fund invests primarily in BlackRock’s actively managed strategy spanning the US, Europe and Japan.

      Honasa Consumer elevates Vipul Maheshwari to chief product & technology officer

      In his new role, Maheshwari will lead the company’s product, technology, engineering and analytics functions. His main task will be to advance Honasa’s plans to use artificial intelligence (AI) in its business, including agentic AI, which refers to AI systems that can carry out multi-step tasks with human oversight.

      Polish PM Tusk seeks deeper tech, AI and space ties with India

      During a recent meeting, Polish Prime Minister Donald Tusk called for strengthened collaboration with India, zeroing in on advancements in AI and space technology. He pointed out potential synergies in manufacturing automation and data analysis. Karnataka's Chief Minister DK Shivakumar invited Polish participation in the 2027 Global Investors Meet, stressing the importance of joint ventures in renewable energy and advanced manufacturing, given Bengaluru's pivotal role in tech innovation.

      Cognizant to buy Australia's DyFlex in its 3rd deal of 2026

      Cognizant Technology Solutions has signed an agreement to acquire DyFlex Solutions, enhancing its AI and SAP capabilities. This acquisition is expected to close in the first quarter of 2027, subject to regulatory approvals. DyFlex specializes in SAP transformation and is based in Australia and New Zealand. The deal marks Cognizant’s third acquisition in 2026 as it seeks to expand its services.

      Swiggy narrows loss in Q2; eMudhra cofounder on what went wrong

      Happy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch.

      These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts

      The last few weeks have made one thing clear. Oil prices, US bond yields, corporate earnings, and the state of the world – all point the same way. So, the market is more likely to stay in this jumpy and uncertain mood for quite some time. But then there is something called history, and it provides some interesting lessons.

      Jio IPO beyond telecom: Why the Ambanis are pitching AI, cloud and 7,220 patents as Jio’s tech future

      Jio Platforms ₹30,213 crore IPO marks a significant shift toward technology-driven digital services. With a focus on leveraging its connectivity through AI and cloud technologies, the company is also highlighting its extensive patent holdings. While Reliance Jio Infocomm continues to generate substantial revenue, the company aspires to broaden its reach into enterprise solutions and diverse digital products.

      Stocks in news: Reliance Industries, Eternal, IREDA, Yes Bank, Trent and Hindustan Zinc

      Indian equity benchmarks experienced a decline as profit-booking occurred amid rising crude oil prices. The Nifty 50 dropped significantly, closing at 22,889 after disappointing corporate earnings. Reliance Industries aims to raise funds through its initial public offering today, which is highly anticipated. Other companies such as IREDA and Yes Bank reported mixed financial results for the quarter. Investors are closely monitoring these developments and their potential market impacts.

      Meet Scott Mathson, who built Plink with just $100 in 2019; by 2025, his podcast-link service was processing 8.2 million requests a month

      Plink provides a service that creates smart links that direct listeners to podcast on their proffered listening platforms. It does not share separate links for Spotify, Apple Podcasts and other services. It just creates a single link. The service can direct the listener to a compatible podcast app when they open the link on a mobile device. Meanwhile, people who use desktop can access a page showing different listening options.

      Five hours a week of posting earned more than her 9-to-5: Meet Sundas Khalid of Seattle, she posted career wins on Instagram while at Amazon. In 2024 the side hustle earned $302,000

      Sundas Khalid spent years building her career in Big Tech, moving from a $77,000 starting salary at Amazon to earning $292,000 a year at Google. Then her side business began bringing in even more money than her full-time job. In 2024, Khalid generated $302,000 in revenue through content creation, according to Business Insider. She spent around four to five hours a week on the business while continuing to work a 40-hour week at Google.

      As job placements near, India Inc taps old IITs for AI roles

      Old Indian Institutes of Technology are experiencing a notable rise in pre-placement offers and demand for AI roles. Companies are adapting to new technologies, which affects entry-level hiring across various sectors. Emerging opportunities in AI, data, and analytics are increasingly available to students with relevant skills.

      AI can improve forecasting, decision-making and grid reliability in power sector: CEA Chairman

      Artificial intelligence holds the potential to revolutionize India’s electricity sector with advanced forecasting capabilities and enhanced decision-making processes. The Central Electricity Authority highlights the promise of fresh ideas emerging from young innovators, rather than established companies. The focus on developing smart grids and integrating renewable energy sources is crucial for ensuring a dependable electricity supply.

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