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Accenture lands ₹325 crore Pune GCC deal leasing 600000 sq ft in Baner for AI and cloud teams

Accenture lands ₹325 crore Pune GCC deal leasing 600000 sq ft in Baner for AI and cloud teams

Accenture has leased more than 600,000 sq ft at Phoenix Millennium Towers in Baner, Pune, for a new Global Capability Centre on a 15-year deal valued at about ₹325 crore. Operations are expected by June 2026, in two phases. The move signals intensifying GCC competition in India as multinationals scale AI, cloud, and digital transformation hubs across cities.

Summarised by Beize from a story on IndianWeb2 on 2 May 2026
Infosys plans 20 acre permanent campus in Vizag for 7000 professionals

Infosys plans 20 acre permanent campus in Vizag for 7000 professionals

Infosys is set to build a 20-acre permanent campus in Visakhapatnam, designed for around 7,000 professionals. The move signals growing confidence in the region’s business potential and highlights the widening demand for skilled tech talent. The facility is expected to strengthen Vizag’s position as an emerging IT and employment destination, backed by long-term investment from a global IT player.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026

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Infosys CEO says AI will reshape India IT talent pyramid and demand new specialized skills

Infosys CEO says AI will reshape India IT talent pyramid and demand new specialized skills

Infosys CEO Salil Parekh expects AI to alter India’s IT talent pyramid, shifting demand toward specialized skills while keeping big structural changes gradual. The company is already adjusting hiring and training to better integrate AI tools. Parekh stresses that Infosys measures AI’s value through client outcomes, not intermediate metrics like token usage, which is being leveraged internally for development.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Top IT firms cut nearly 7000 jobs in FY26 as hiring pivots to efficiency

Top IT firms cut nearly 7000 jobs in FY26 as hiring pivots to efficiency

India’s leading IT companies reduced headcount by nearly 7,000 in FY26, signaling a move from expansion to efficiency. The hiring slowdown is attributed to AI-driven restructuring and uncertain demand, pushing firms to favor specialized skills over broad recruiting. Even with these cuts, total industry employment edged up slightly, mainly due to growth at global capability centers.

Summarised by Beize from a story on The Economic Times on 25 Apr 2026
Pashupati Advani warns India faces LPG crunch and IT job losses amid widening earnings gap

Pashupati Advani warns India faces LPG crunch and IT job losses amid widening earnings gap

Market veteran Pashupati Advani says India’s rally may be fragile, pointing to unresolved risks like disruptions around the Strait of Hormuz that could affect oil and LNG imports. He also flags a near-term LPG crunch and growing pressure on IT jobs, citing visa curbs, AI disruption, and stagnant hiring—calling it a potential earnings shock.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tech firms push reskilling billions but some workers fall behind as AI reshapes jobs

Tech firms push reskilling billions but some workers fall behind as AI reshapes jobs

As AI accelerates change, IT companies are spending billions on reskilling and retraining programs. Yet a growing segment of workers appears unable to transition fast enough, raising retention and job-loss risks. The challenge is less about funding and more about learning pace, habit inertia, and whether training can meaningfully close skill gaps before roles disappear.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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TCS headcount drops by 23460 in FY26 but CHRO says layoffs are paused for now

TCS headcount drops by 23460 in FY26 but CHRO says layoffs are paused for now

India’s biggest IT services firm TCS cut 23,460 employees in FY26, taking its strength to 584,519. The company says restructuring is complete and it plans aggressive campus hiring, targeting about 40,000 freshers every year. Still, TCS is holding back on clearer FY27 hiring plans as global demand remains uncertain, despite no more layoffs for now.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
AI adoption chills entry level IT hiring while senior roles hold steady

AI adoption chills entry level IT hiring while senior roles hold steady

AI adoption is reshaping India’s IT hiring patterns. Companies are moderating entry-level hiring while keeping mid and senior roles largely stable, reflecting a shift toward domain knowledge plus AI capability. The report says productivity gains are strong as AI complements technical work, helping firms scale efficiently. However, AI training coverage remains limited, creating uneven readiness across the talent pipeline.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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