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ET AI Awards 2027 are here: Discover if your AI innovation is ready for the spotlight of a national stage!
Celebrating the future of technology, the ET AI Awards 2027 acknowledges key innovations and leadership in AI from various industries in India. With an impressive array of over 40 categories, these awards emphasize the importance of AI developments by startups, SMEs, and large enterprises, offering a valuable stage for recognizing their contributions to the AI ecosystem.
AI innovation in sports: Technology driving the next phase of sports development
Artificial intelligence is creating new opportunities across the sports ecosystem, from performance analysis and sports administration to technology development and wider participation. The ET AI Awards 2027 recognises organisations, technology providers and initiatives advancing the application of AI in sports through its AI Innovation in Sports category.
Infosys, Wipro, TCS and other IT stocks rise up to 3% as US AI rout deepens; is the bubble bursting?
In the wake of a worldwide AI stock decline, companies such as Infosys and TCS have seen their shares rise, demonstrating a contrasting trend. This downturn has sparked fears of impending regulations within the sector, prompting analysts to predict that Indian IT companies might leverage this moment to enhance their entrepreneurial AI ventures, all while experts caution against excessive financial commitments in the AI landscape.
ET Product of the Year Awards 2026: Categories recognising products driving market impact
The Economic Times Product of the Year Awards 2026 celebrate cutting-edge innovations that make a substantial difference in the market and attract customer loyalty across diverse industries. Categories feature Enterprise SaaS, FinTech, Cybersecurity, as well as consumer goods such as banking solutions and smartphones. Judging criteria prioritize market presence, adoption rates, creativity, and execution excellence, with an emphasis on quantifiable achievements.
AU Small Finance Bank data leak: Salesforce says no vulnerability at its end
Salesforce has stated no vulnerabilities were found concerning a suspected data leak at AU Small Finance Bank. The bank is investigating claims of a breach by hackers, affecting sensitive customer data. Reportedly compromised information includes KYC records and personal identification documents, while the bank assures its core systems are unaffected. Prime Minister Narendra Modi recently warned of increasing cyberattack threats to the economy.
Diwali 2026: Sensex plunged 10,000 points, Nifty dropped 12% since last Diwali. Will Samvat 2083 bring some relief?
Dalal Street heads into Samvat 2083 after a turbulent year that saw the Sensex plunge over 10,750 points and the Nifty shed nearly 12% since last Diwali. The Iran-US conflict, elevated crude oil prices, persistent FII outflows and AI-led IT selloff weighed on sentiment. Can easing headwinds revive the market?
Infosys, TechM, TCS, other IT stocks plunge up to 5%, extend losses as global AI trade rebounds. What lies ahead?
Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hynix and Anthropic’s IPO filing fuelled gains in AI-linked stocks globally. However, concerns over an AI bubble persist, with analysts highlighting a potential advantage for Indian IT services firms.
Oracle's Larry Ellison dismisses 'SaaS apocalypse' fears, says AI will make software better
Speaking at Oracle AI World here, Ellison, the company's executive chairman and chief technology officer, rejected talk of a "SaaS apocalypse", in which businesses would use AI to build their own applications instead of buying software-as-a-service (SaaS) products.
ET Product of the Year Awards 2026: Recognising HR and worktech products shaping the future of work
The ET Product of the Year Awards 2026 honor exceptional HR and WorkTech solutions that drive organizational success and transform the marketplace. To be considered, nominees are required to have been launched or significantly enhanced between January 1, 2025, and September 30, 2026. Evaluation criteria will focus on innovation, user adoption, quality of execution, and overall market influence.
India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: Report
As India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of generative AI technology adoption. The nation's rich pool of tech talent and expanding internet user base shine as notable advantages. Yet, challenges loom, such as limited GPU manufacturing and changing regulations, which could hinder progress.
TCS, HCL Tech, Infosys shares surge up to 11% in 2 days; Nifty IT soars 2,000 points. More steam left for rally?
Indian IT stocks rallied as concerns over AI-driven disruption eased, triggering an “anti-AI” trade. The Nifty IT index surged over 2,000 points in two sessions to cross 30,000, its first move above the mark in nearly a month. HCL Tech gained nearly 11% in two days following its Q2 results, while TCS and Infosys rose 6–10%.
UPI MDR rollout pushed; India’s first quantum computer coming soon
Happy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning Dispatch.
UPI MDR rollout delayed; Rs 7,131 crore RDI deployment
NPCI has pushed back the UPI MDR rollout until after the festive season. This and more in today's ETtech Top 5.
Freshworks to acquire Torii to expand AI spend management capabilities
The acquisition will help Freshworks provide businesses with greater visibility into their software applications, licences, user identities and AI-related expenditure, as companies grapple with rising costs and security risks from the growing use of SaaS and AI tools.
Vivriti Asset Management returns over Rs 3,400 crore to investors across two fund vintages
Vivriti Asset Management has completed and exited its Vintage II credit funds, returning over Rs 2,260 crore in capital and income. The funds invested across more than 45 companies, delivering gross IRRs of around 12% to 15%.
India set to be ServiceNow's fastest-growing market in Asia
The California-based company employs 6,000 people in India – a fifth of its global workforce. India handles 45% of the company’s global delivery work, he said.
US Market: Software stocks hit 2026 highs as AI disruption fears ease
US software stocks have reached fresh 2026 highs as stronger earnings expectations and growing adoption of AI ease fears of disruption. Strong results, AI partnerships and rising cybersecurity demand have boosted the sector. Software earnings growth forecasts have improved, while investors increasingly view AI as an enabler, though automation risks remain for future business models.
US software stocks scale fresh 2026 highs as AI disruption worries fade
US software stocks are touching fresh 2026 highs, supported by a sharp rise in earnings expectations, which according to several analysts indicate that fears over AI-led disruption in the sector were largely overstated.
US stocks: US software shares hit 2026 highs as AI disruption fears ease
US software stocks are witnessing robust growth, fueled by optimistic earnings projections and partnerships in AI. Major players like Salesforce and Accenture have showcased impressive earnings, aiding the sector's revival. Analysts suggest that fears of AI disrupting the software landscape are exaggerated. Nonetheless, challenges persist as technology evolves, potentially affecting traditional business models.
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