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'Adopting AI is essential — there's no room for delay'

Financial Express Kochi

|

February 18, 2026

Anthropic's new AI tool triggered a selloff in Indian IT stocks due to fears about Al's power to undercut traditional IT services.

- • MIHIR SHUKLA, CO-FOUNDER, CHAIRMAN & CEO, AUTOMATION ANYWHERE

“IT services companies are already transforming — smaller firms can pivot faster than larger ones, but rapid change is imperative for all,” said Mihir Shukla, co-founder, chairman and CEO of Automation Anywhere, a San Jose, California-based software company that specialises in Al-powered robotic process automation.With deep expertise in global processes, India's GCCs are well positioned to lead AI and automation initiatives, he told Sudhir Chowdhary at the India AI Impact Summit. Excerpts:

Do you see the ongoing AI shift has something bigger than the industrial revolution?

WEITERE GESCHICHTEN VON Financial Express Kochi

Financial Express Kochi

Bonds rise on robust demand for state debt

GOVERNMENT BONDS ENDED higher on Tuesday, led by the longer end after stronger-than-expected demand at an auction for state debt and on expectations of reduced issuance of longer maturity notes next fiscal year.

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February 25, 2026

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AI disruptive but also creates opportunities, say IT leaders

IT INDUSTRY LEADERS acknowledge that while AI can bring down coding costs and disrupt existing models, there are nonetheless opportunities.

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February 25, 2026

Financial Express Kochi

New WPI series expected in a couple of months: MoSPI secy

To be adopted for GDP estimates

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2 mins

February 25, 2026

Financial Express Kochi

Kotak AMC tops ₹6L cr in AUM

KOTAK MAHINDRA AMC has crossed the milestone of %6 lakh crore in its assets under management (AUM).

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1 min

February 25, 2026

Financial Express Kochi

Jindal Power lines up $1-billion loan

THE POWER UNIT of the Jindal Group is seeking to raise as much as $1 billion from offshore loans to fund overseas expansion, sources said, providing relief for India's dollar loan market that's been stymied by trade swings.

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1 min

February 25, 2026

Financial Express Kochi

SMBC carves out India as standalone global vertical

REFLECTS COUNTRY’S RISING STRATEGIC IMPORTANCE

time to read

1 mins

February 25, 2026

Financial Express Kochi

FY26 tech revenue may grow 6.1% to touch $315 bn

THE DOMESTIC TECH industry is estimated to hit $315 billion in revenue in FY26, a 6.1% increase year-on-year, led by broad-based expansion across key segments, Nasscom said in its annual strategic review on Tuesday.

time to read

1 min

February 25, 2026

Financial Express Kochi

IDFC First Bank repays ₹583 crore to Haryana govt

IDFC FIRST BANK on Tuesday said it has repaid ₹583 crore, including principal and interest, to relevant departments of the Haryana government following the fraud reported at one of its branches.

time to read

1 min

February 25, 2026

Financial Express Kochi

FDI, gig worker norms in focus for e-comm

REGULATORY AMBIGUITY AROUND FDI norms and the impending rollout of gig worker welfare rules are emerging as key fault lines for the e-commerce sector, according to industry stakeholders.

time to read

1 min

February 25, 2026

Financial Express Kochi

India-GCC trade negotiations take off, joint statement signed

INDIA AND THE six-nation Gulf Cooperation Council (GCC) commenced negotiations for their free trade agreement with the signing of a joint statement on Tuesday.

time to read

1 min

February 25, 2026

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