ASM Technologies Board Approves ₹500 Crore Fund Raise to Fuel Growth
The Board of Directors of ASM Technologies has approved a capital raising proposal for an amount not exceeding ₹500 Crore. This strategic initiative involves multiple financial instruments and is aimed at strengthening the company's financial position for future expansion.
Coforge Launches Nexa Agentic AI Platform to Industrialize Insurance Operations
Coforge Ltd has announced the launch of its Nexa Agentic AI Platform, a next-generation solution designed to operationalize AI for the global insurance industry. The platform features a marketplace of over 30 AI assets aimed at enhancing productivity across underwriting, claims, and product development without disrupting core legacy systems.
Persistent Systems Expands in Estonia with 90-Professional Team for AI Transformation
Persistent Systems is expanding its European operations by establishing new strategic delivery centers in Tallinn and Tartu, Estonia. The move involves integrating a specialized team of over 90 professionals from software engineering firm Concise to advance AI-led platform transformation. This expansion strengthens the company's nearshore delivery capabilities and expertise in cloud-native technologies.
HCLTech Unveils Autonomous Finance Platform Powered by Google Cloud Gemini Enterprise
HCLTech has launched an AI-driven Autonomous Finance platform in collaboration with Google Cloud. Utilizing the Gemini Enterprise AI stack, the solution automates end-to-end accounting operations including Order-to-Cash and FP&A to enhance efficiency for global enterprise clients.
Mphasis Launches Tria AI Platform and Modernize Optimize Product Lines
Mphasis has introduced Mphasis Tria™, a first-of-its-kind Enterprise Agency Platform designed to transition businesses from AI experimentation to autonomous, coordinated decision-making. The launch includes two market-facing product lines, Mphasis Modernize™ and Mphasis Optimize™, aimed at structural transformation and continuous performance improvement.
Tata Elxsi Launches ViTel AI-Powered Med-Tech Solution to Streamline Compliance
Tata Elxsi has introduced ViTel™, a specialized material intelligence solution designed for medical device manufacturers. Developed in partnership with Viridium AI, the tool utilizes science-constrained AI models to automate material risk assessment and regulatory compliance across the product lifecycle.
TCS Launches SovereignSecure Cloud in Europe to Address EU Digital Sovereignty
TCS has introduced SovereignSecure Cloud in the European Union, a bespoke offering designed for governments and regulated industries. The platform integrates AI with sovereign cloud architecture to ensure data, operational, and digital infrastructure autonomy within EU regulatory frameworks.
Exato Technologies Secures Managed Services Orders Worth ₹24.58 Crore From iQor India
Exato Technologies Limited has secured three work orders for managed services from iQor India Services Private Limited. These orders carry an aggregate value of ₹24.58 Crore and represent a significant addition to the company service pipeline through late 2027.
Coforge Launches Aeronova.AI Framework to Modernize Global Airline Retailing Systems
Coforge has introduced Aeronova.AI, a specialized AI-native framework designed to facilitate the transition of airline carriers from legacy PNR systems to modern, order-led retailing. The solution aims to bridge the execution gap in the industry-wide shift toward the One-Order and One-Offer mandate while maintaining financial auditability.