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AI NewsAI Deals Now Make Up 63% of Mphasis' New Contracts as Q1 Profit Rises 11% YoY

AI Deals Now Make Up 63% of Mphasis' New Contracts as Q1 Profit Rises 11% YoY

6:23 PM IST · July 24, 2026

AI Deals Now Make Up 63% of Mphasis' New Contracts as Q1 Profit Rises 11% YoY

Mphasis’ operating margin narrowed as higher costs weighed on profitability despite strong deal momentum and acquisitions.

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US Suspends Cognizant’s Green Card Filings Amid Visa Fraud Investigations

US Suspends Cognizant’s Green Card Filings Amid Visa Fraud Investigations

The suspension applies to new PERM filings and does not, by itself, cancel existing green card cases or terminate Cognizant employees' H-1B status.

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Pine Labs' AI Turns Fraud Investigator, But Stakes are Too High to Keep Humans Away

Pine Labs' AI Turns Fraud Investigator, But Stakes are Too High to Keep Humans Away

Pine Labs’ new CORA agent marks a shift in fintech AI—from assisting human compliance teams to executing entire workflows.

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MSD Opens 2.5 Lakh Sq Ft Technology Centre in Hyderabad as Telangana Pushes Life Sciences Beyond Manufacturing

MSD Opens 2.5 Lakh Sq Ft Technology Centre in Hyderabad as Telangana Pushes Life Sciences Beyond Manufacturing

The new centre will bring together teams working across digital, data, analytics, AI, technology and engineering.

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Anthropic Discloses Fourth Hacking Incident It Initially Missed

Anthropic Discloses Fourth Hacking Incident It Initially Missed

An early version of Claude Opus 4.6 accessed a third-party system during a January cybersecurity test, gaining administrator access, harvesting credentials, and reading one person’s information.

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