Infosys Will Hire 20,000 College Graduates In 2026-27
At the 2026 World Economic Forum in Davos, Infosys’s top leadership sent a strong signal about the company’s direction in the era of artificial intelligence. CEO Salil Parekh confirmed that Infosys plans to hire around 20,000 college graduates in the financial year 2027, tying this aggressive campus intake to expanding opportunities in AI-driven services and digital transformation. This hiring strategy comes on the heels of a strong recruitment year in FY26, where Infosys already onboarded approximately 18,000 fresh graduates in the first three quarters and saw its net headcount grow by over 5,000 employees in the December quarter. The company expects its total graduate hiring for FY26 to reach around 20,000, with another 20,000 planned for April 2026–March 2027. AI-Led Growth: The Strategic Backdrop Parekh’s comments at Davos underscored how AI is reshaping client demand. As enterprises globally adopt AI agents, foundation models, and automation platforms, demand has surged for services that support these transitions — especially in areas such as AI-augmented software development, customer support solutions, and modernization of complex legacy systems. By aligning its workforce planning with this shift, Infosys aims to capture a significant share of the growing AI services market. Rather than reducing talent, which many… Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups
Adani Shares Fall As US Plans Direct Legal Action Against Corruption...
The Adani Group, one of India’s largest conglomerates, faced renewed market turmoil after the U.S. Securities and Exchange Commission (SEC) escalated its legal action in a high-profile civil case. The regulator asked a U.S. court for permission to serve summons directly to Gautam Adani, the group’s founder, and Sagar Adani, a senior executive, over allegations involving fraud and an alleged $265 million bribery scheme linked to major energy contracts. SEC Legal Move: Bypassing Conventional Service The SEC’s filing in a New York court represents a significant development in an ongoing legal saga. Standard international procedure for serving legal documents through government channels in India was twice rejected on procedural grounds. As a result, the SEC told the court it should be permitted to serve summons via personal email and through U.S. counsel to ensure Adani executives receive notice of the proceedings. The allegations cover claims of misconduct that could have misled investors and violated U.S. securities laws, including anti-bribery and anti-corruption statutes. The civil case is separate from a criminal probe by the U.S. Department of Justice that also involves related charges. Market Reaction: Sharp Sell-Off Across Stocks The immediate impact of the SEC’s action was evident in financial markets.… Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups
From Emergent To Juspay — Indian Startups Raised $303 Mn This...
Why has startup fundraising turned into a multi-quarter exercise?
For Indian startup founders, obtaining funding has changed silently from a time-limited capital raise to a long, resource-draining process that can last six to nine months or even longer. What used to be expected to end in a quarter is now happening over several quarters, even for organisations doing well.This isn't just a one-time thing or a short-term market slump. Investors are changing how they think about risk, invest money, and hold people accountable. This change is making it take longer to raise money at all levels.From belief to constant reviewThe primary reason for the delay is that the way investment decisions are made has changed.Before, the steps for raising money were rather clear: pitch meetings, a term sheet, due diligence, and closing. Today, due diligence has grown into a longer examination period. Bankers in the industry claim that due diligence is taking longer, with investors having enough time to see two full quarters of operating performance.Monthly updates to the management information system (MIS) now work like a live audit. They include data on revenue, costs, recruiting, churn, and the pipeline. Investors might check to see if founders can truly deliver on the figures over time, rather than just relying… Read MoreYourStory RSS Feed
What Indian VCs want; AI for the modern classroom
Hello,Meet 2026’s first unicorn.Payments infrastructure provider Juspay raised $50 million in a Series D follow-on investment from WestBridge Capital, valuing the company at $1.2 billion. The transaction comprises both primary and secondary investments, providing liquidity to early investors and employees holding stock options.Meanwhile, Zoho is doubling down on its make-in-India mission. The SaaS company launched its ERP technology platform, which will see part of its product development and other activities driven out of Kumbakonam—a small town in Tamil Nadu located about 300 kilometres from the company’s headquarters. In other news, Urban Company’s foray into the domestic help sector has been a tad expensive this December quarter. The home services marketplace saw its quarterly revenue grow 32% on the back of Native RO range and home services, even as its loss widened to Rs 21 crore due to heavy investments in the Insta Help vertical.If this year’s CES innovations are anything to go by, household robots from companies such as LG and Clutterbot could soon be the norm.Hidden behind the more flashy AI wave, a distinct transformation is taking place in robotics. A new class of technology known as Physical AI is beginning to redefine how machines interact with the world—and Microsoft´s new offerings… Read MoreYourStory RSS Feed
Andhra Pradesh Govt Mulls Ban On Social Media For Under-16s
Entisi Chocolatier’s Nikki Thakker on Experience-Led Luxury Gifting, Artisanal Craftsmanship, and...
Bhanzu’s Prachotan D L on AI-Powered Learning, Cognitive Skill Focus, and...
Urban Company eyes Q3 FY28 breakeven while doubling down on instant...
Consumer services platform Urban Company is looking to double down on instant services, expanding the Insta Help portfolio to its larger Indian consumer business. "Beyond Instahelp, for our core India consumer services business, wherever applicable, we want to move all of those services to become relatively instantaneous as well," Abhiraj Singh Bhal, CEO, Urban Company, shared in a post-earnings call with analysts. Urban Company plans to tap into the learnings from its Insta Help operation for its core business to accelerate its trajectory into becoming more instantaneous. It plans to bring forward fulfilment timelines for all its services, beauty services, plumbers, electricians, etc. These moves are likely to follow first in high-density micro markets, which are "moving towards becoming more instantaneous", followed by other geographies. More instantaneous services improve partner utilisation, leading to more profitable micromarkets. "So it's a win-win for all of us, for the customer because they're getting the orders faster, for the service professionals because stacking of orders is better, cancellation rates are fewer, and utilisation is better, and therefore their earnings are better," explained Bhal. The NCR-based company expects to break even at the consolidated level by the December quarter of FY28, as it expects its… Read MoreYourStory RSS Feed



















