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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.
'China's Version Of Mythos': 360 Develops Tool Designed To Automatically Discover Software Vulnerabilities
Zhou conceded that Chinese models still trail US systems by roughly 20-30% in base capability.
Happiest Minds launches agentic AI platform to accelerate software modernization
Happiest Minds Technologies announced the launch of Agentic AI development platform, Rel(AI)Build along with the Agentic Development Lifecycle (ADLC), to transform enterprise software systems.
Zydus Lifesciences, 2 other share buybacks closing today. Are you participating?
Investors have a final opportunity to tender shares in buyback offers from Zydus Lifesciences, Dhanuka Agritech, and CyberTech Systems and Software. These offers, collectively valued at approximately Rs 1,185 crore, are closing on Wednesday. Eligible shareholders can participate in these corporate actions, which represent a chance to sell shares at a premium.
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.
Buyback alert! 4 stocks turning ex-record dates for share buybacks in next two weeks. Check details
description: Four companies: Onward Technologies, Garware Technical Fibres, CMS Info Systems and CyberTech Systems, will soon turn ex-record for share buybacks, offering premiums between 8% and 23% to shareholders.
Cybertech Systems & Software consolidated net profit declines 26.35% in the March 2026 quarter
Sales rise 1.37% to Rs 62.33 crore
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.
Nvidia launches open-source ‘Ising’ AI models to tackle quantum computing bottlenecks
Firms such as IBM, Google and Microsoft are building quantum hardware and software stacks, while startups like IonQ are focused on specialised systems. However, all players face a common challenge — making quantum computers stable enough for real-world use.
Bosch shares jump 3% after acquiring Bosch Chassis Systems for Rs 9,068 crore. Check details
Bosch share price surged 3% after the company approved the acquisition of a 100% stake in Bosch Chassis Systems India (BCSI) for Rs 9,068.68 crore. This strategic move aims to transition Bosch from a component supplier to an integrated solutions provider, encompassing vehicle systems, software, and hardware.