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‘Indian software has huge demand’

Financial Express Delhi

|

January 24, 2026

Zoho on Friday launched a com- prehensive enterprise resource planning (ERP) solution, marking its entry into a multi-billion-dol- larmarket dominated by domes- tic and global players. Zoho founder and Chief Scien- tist Sridhar Vembu tells Narayanan V about the rationale behind the move, plans to develop Kumbakonam as a talent hub, and the impact of AI on businesses. Excerpts:

People write these onemonth premature obituaries. That’s not how these things work. I don’t care about it. By that logic, Zoho should have been declared dead about 500 times.

We started Zoho in 2003. Obituaries were written in 2007, 2010 and again in 2015. We have made a good beginning and there is still a lot of work ahead.

Every week, updates are going out. You will see a surprising number of features every two to three months, and the adoption curve will steadily go up. There is also pent-up demand in India. There is a hunger for made-in-India software, which is why we want all this software to be built here.

How is artificial intelligence (AI) impacting your business?

I would focus on one fundamental area where AI is being used most heavily—software development. In an interesting way, AI is helping automate programming itself and, by extension, software.

PLUS D'HISTOIRES DE Financial Express Delhi

Financial Express Delhi

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Financial Express Delhi

Compensation for staff of state-run insurers raised

RBI retirees to get higher pension

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Financial Express Delhi

ICCT20 World Cup: Scotland likely to replace Bangladesh

A DESPERATE BANGLADESH Cricket Board (BCB) has written to the Dispute Resolution Committee (DRC) of ICC requesting it to overturn the governing body’s decision to hold the national men’s team’s T20 World Cup games in India but its appeal won’t be heard as it is outside the remit of the subcommittee.

time to read

1 mins

January 24, 2026

Financial Express Delhi

Markets log worst week in 4 months

Investors poorer by ₹16.3L cr; Adani shares top laggards

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1 min

January 24, 2026

Financial Express Delhi

EU to suspend trade package against US

THE EUROPEAN COMMISSION said on Friday it would propose suspending for another six months an EU package of retaliatory trade measures against the US worth 93 billion euros

time to read

1 min

January 24, 2026

Financial Express Delhi

Report gains or losses from F&O trading as business income in ITR

YOU CAN SET OFF LOSSES AGAINST INCOME FROM ANY HEAD OTHER THAN SALARIES

time to read

2 mins

January 24, 2026

Financial Express Delhi

White goods PLI: Kirloskar, Godrej among 5 firms selected in Round 4

FIVE COMPANIES, INCLUDING Kirloskar and Godrej, have been selected in the fourth round of applications under the production linked incentive (PLI) scheme for white goods, which covers components for air conditioners and LEDs.

time to read

1 min

January 24, 2026

Financial Express Delhi

YES BANK SHARE SALE CASE IN 2022 Sebi accuses EY, PwC execs of insider trading

THE SECURITIES AND Exchange Board of India (Sebi) has accused current and former executives at the local units of PwC and EY, among others, of breaching insider trading rules involving a 2022 share sale by Yes Bank, according to a regulatory notice.

time to read

2 mins

January 24, 2026

Financial Express Delhi

‘Our luxury portfolio getting bigger; will hit 500-cr sales soon’

Radico Khaitan, best-known for its Magic Moments vodka and 8PM whisky, delivered a robust Q3 with 62% year-on-year rise in profit.

time to read

3 mins

January 24, 2026

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