Krutrim, often billed as India’s first GenAI unicorn, is shifting its focus toward cloud services after layoffs and slower product development. The move highlights the gap between ambitious AI model plans and the real cost, time, and market readiness needed to sustain cutting-edge GenAI in India.
Tata Capital expects a strong FY27 performance supported by growth, better margins and operating efficiency. The firm highlights a continued drop in credit costs, attributing it to a disciplined risk culture and the adoption of AI. Looking ahead to FY28, it targets 23–25% loan growth, focusing on housing finance and retail products to improve returns.
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After a 2005 rush, Indian IT’s push into consulting stumbled for years, with repeated failures and retreats. Now, GenAI is reviving the playbook by enabling strategy-led offerings, not just delivery. With firms betting big again, the question is whether this time AI can convert consulting ambitions into sustained wins.
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