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Mukesh Bansal's Nurix moves beyond voice AI to bet on workflow automation
By deploying AI-native software to displace legacy corporate systems, the startup is expanding into back-office processes after realizing that simple voice bots offer limited long-term impact for enterprises.
Sterling Bank selects Infosys Finacle SaaS platform for its transformation program
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank's decision to select Infosys Finacle Software-as-a Service (SaaS) platform for its transformation program. Sterling Bank has opted to leverage the Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and Finacle Origination solutions for its requirements. Through this strategic collaboration with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services, and reduce operational complexity through automation and digitization, thereby supporting its future growth.
Nifty IT jumps over 2.5% as strong US software earnings revive sector optimism
Domestic technology stocks saw significant gains on June 1, with all Nifty IT index constituents rising. Strong US software earnings and improved sentiment boosted confidence, reversing previous losses. Persistent Systems led with a 4% increase, while the Nifty IT index closed up 2.66%.
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's why
IT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent Systems also posted strong gains. Meanwhile, the BSE Sensex and Nifty 50 dropped over 1% as the rupee hit a record low and bond yields surged to all-time highs.
Maral Overseas Ltd leads gainers in 'B' group
Anuroop Packaging Ltd, Cybertech Systems & Software Ltd, We Win Ltd and Sandur Manganese & Iron Ores Ltd are among the other gainers in the BSE's 'B' group today, 08 May 2026.
BEL bags ₹1,011 crore in fresh defence orders, boosting order book
BEL secured orders worth ₹1,011 crore since Feb 25, 2026, including communication equipment, radar systems, and software. BEL reported Q3 revenue of ₹7,122 crore, up 23.7%.
Dynacons Systems wins order worth Rs 109 cr from Punjab & Sind Bank
Dynacons will oversee the design and implementation of the necessary IT infrastructure, underlying system software, and cloud services to support the deployment and hosting of the Bank's applications, including the Data Center and Disaster Recovery (DC-DR) environment.