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Hyderabad
278 posts
Infosys (NSE: INFY) AI revenue grows 29%, but weaker FY27 outlook sends US shares down 6.6%
Infosys reported stronger artificial intelligence revenue and its highest quarterly large-deal bookings in recent periods, but reduced its annual revenue growth guidance amid persistent weakness in traditional IT services. The divergence raises questions about whether AI transformation is creating enough incremental demand to offset the pressure on existing outsourcing contracts.
Ensono has more than 4,200 employees globally. Why is India leadership becoming more important now?
Ensono has appointed Ayush Mittal as Senior Vice President and Managing Director for India, putting its Indian workforce at the centre of global cloud, infrastructure, application and AI delivery.
Infosys expands Truist’s Hyderabad AI capability centre as bank consolidates Indian technology operations
Infosys and Truist are expanding a Hyderabad AI capability centre expected to mark more than 1,000 colleague onboardings later this month. The arrangement combines supplier consolidation with a build-operate-transfer model, creating opportunities for Infosys while raising a longer-term question about how outsourcing revenue evolves as banking clients build internal expertise.
Olectra Greentech (NSE: OLECTRA) names Surender Nath COO of Energy Division
Olectra Greentech Limited has appointed Surender Nath as Chief Operating Officer of its Energy Division as the electric-bus manufacturer expands a second business spanning power-sector products and potential battery opportunities. The division generated about ₹81 crore of first-quarter revenue while Olectra's overall sales jumped 66%, putting management depth under greater scrutiny as the company scales.
Premier Energies secures Rs 4,001cr solar orders as 7 GW TOPCon plant enters trial runs
Premier Energies Limited has secured ₹4,001 crore in second-quarter orders while expanding solar cell capacity to 10.6 GW. Its next challenge is converting new manufacturing capacity into profitable production as India tightens domestic solar sourcing requirements.
Embark and Tavant combine AI engineering with GCC setup as India’s sector reaches $98.4bn
Embark and Tavant have formed a strategic partnership combining global capability centre establishment, workplace infrastructure and talent management with AI and digital engineering. The agreement targets new and existing GCCs in India's $98.4 billion sector, but its commercial value will depend on client acquisition, successful AI deployment and measurable operating improvements.
Zen Technologies’ (NSE: ZENTEC) Rs 1,239cr defence backlog: Can new orders reverse its earnings slowdown?
Zen Technologies has announced ₹472.5 crore in fresh defence simulator orders after reporting a ₹1,239 crore June-end backlog. However, declining revenue, weaker operating margins and an expanding counter-drone portfolio make contract execution and cash conversion the next major tests.
Premier Explosives (NSE: PREMEXPLN) flags Q2 trading-window closure as Rs 1,393cr order book faces execution test
Premier Explosives Limited has announced the customary trading-window closure ahead of its September-quarter results, putting attention on whether a ₹1,393 crore order book, delayed exports and recovering execution can reverse the sharp profit decline reported in Q1 FY27.
Fortune plans Rs 60,000cr Hyderabad AI data centre across 170 acres
Fortune Hospitality & Infra plans an initial ₹60,000 crore AI data-centre park on about 170 acres at Kandukur near Hyderabad, with four hyperscale modules supporting up to 1,600 MW of IT load and full-build investment potentially reaching ₹1 lakh crore.
TCS HyperVault plans up to Rs 70,000cr Hyderabad AI campus across 264 acres
Tata Consultancy Services subsidiary HyperVault has secured 264 acres in Hyderabad for an AI data-centre campus of up to 1GW, with HyperVault and its partners expected to invest as much as ₹70,000 crore as the Indian technology group moves deeper from IT services into ownership of artificial intelligence infrastructure.