Rohit Kapoor, the Vice Chairman and CEO of EXL, asserts that generative artificial intelligence will not result in a scarcity of jobs; instead, it will foster job creation. Kapoor also underscored the importance of regulating generative AI and commended India for its regulatory approach in this regard.

Speaking to CNBC-TV18 at the inauguration of a surface mount semiconductor packaging line at CDIL Semiconductors' Mohali-based plant, Joint Secretary with the Ministry of Electronics and Information Technology, Amitesh Kumar Sinha, shared that the company is gearing up for expansion to enhance its market presence in sectors such as automotive, solar energy, and inverters.

Thomson, an online brand sold through channel partners such as Flipkart, has expanded its presence from smart TVs to appliances such as washing machines, airconditioners and small appliances.

Tata Consultancy Services has been selected by the Georgia Department of Labor (GDOL) to replace its 1980s-era legacy platform with a scalable cloud-based unemployment insurance system that streamlines the claims process, the firm said in a statement.