India stories - Page 9

Cyberattacks on the financial sector have surged 25% in 2024, with phishing leading and nearly half of employees prone to clicking malicious links.

Cloudera thrives on AI and hybrid cloud growth, aiding clients in regulated sectors while balancing innovation and cost across global markets.

Saviynt is boosting its global footprint with new offices in Singapore and London, plus expanded operations in India and Europe amid rising demand for its AI-based Identity Cloud.

ServiceNow launches agentic AI management in Asia Pacific as AI spending dips, aiming to better integrate human workers and AI agents for improved business outcomes.

Spain leads global fast fashion, with 91.5% market share as Europe dominates, despite environmental concerns, reveals study by Kaiia.

June 2025 saw a record DDoS surge, with 250 billion requests targeting a major tech firm, as attacks nearly doubled to almost two every minute, Fastly reports.

Hexaware launches GCC 2.0 after acquiring SMC Squared, merging AI and digital solutions to transform Global Capability Centres for strategic enterprise value.

Zoho launches Zia LLM and AI suite with strong data privacy focus, offering no-code tools and agents to boost efficiency across business functions.

PMC appoints Sharon Baylay-Bell as Chair, backed by BGF investment, to drive global growth in technology services for retail and direct-to-consumer brands.

Celonis has appointed Dilipkumar Khandelwal as Chief Customer Officer and India Advisory Board Chairman to boost global AI-driven customer success.

TCS reported USD $7,421m revenue in Q1 FY26, highlighting gains in AI and cybersecurity despite a slight year-on-year revenue decline.

Accel launches fifth Atoms programme, offering Indian founders up to USD $1 million funding and support in AI and LeapTech innovation.

CubeMatch has acquired a stake in UK consultancy DVCP as part of a phased full takeover, aiming to expand its UK reach in financial services consultancy by 2026.

Avalara appoints Adrianna Burrows as CMO and Shahan Parshad as CIO to boost global expansion and enhance AI-driven tax compliance solutions.

AI powers 80% of phishing attacks, causing USD $112 million in losses in India by May 2025, as cybercrime evolves with machine-generated deception.

The global labour market steadies post-pandemic as AI shifts job tasks, boosting demand for AI literacy and collaboration skills across sectors.

Despite a GBP £1 billion AI infrastructure plan, just 19% of UK executives see the country as a leader, feeling it trails behind the US and China in AI innovation.

LG has launched Radio Optimism, an AI-powered music platform designed to foster deeper digital bonds amid growing social disconnection worldwide.

Meta and Oakley launch AI-powered sports glasses starting at USD $399, featuring a 3K camera, AI assistant, and water resistance for athletes worldwide.

BGF invests in UK-based PMC to accelerate global expansion and enhance its digital engineering and managed services across retail and commerce sectors.