Facebook Pixel Indian IT and AI’s dawn | Financial Express Chandigarh - newspaper - Read this story on Magzter.com
Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Indian IT and AI’s dawn

Financial Express Chandigarh

|

December 30, 2025

WHILE AI MAY STILL BE GUESSING, INDIAN IT HAS ALWAYS KNOWN EXACTLY WHAT IT'S DOING

- SIDDHARTH PAI Technology consultant and venture capitalist By invitation

THERE'S A MOMENT in every technology's evolution when the hype recedes, the buzzwords wear thin, and the real work begins. In 2026, artificial intelligence (AI) will be smack in the middle of that phase. Companies, after months of breathless pronouncements and budget-blowing experiments, are beginning to realise that AI, especially the wildly popular and highly unpredictable generative AI (GenAI), is less a magic wand and more a very sharp, somewhat wobbly tool that needs careful handling.

Indian IT service providers find themselves at the centre of this unfolding drama. They didn't build the AI models, those came from labs in Silicon Valley, Seattle, and a few stealthy startups elsewhere, but they will be the ones asked to integrate these models into the Rube Goldberg machines that are modern enterprise systems. And in many ways, they're well suited to the task. After all, if you've spent decades coaxing legacy mainframes to speak to cloud native applications, managing multilingual databases, and smoothing the wrinkles out of a compliance workflow last updated when Nokia still made phones, AI integration might actually seem... manageable.

MORE STORIES FROM Financial Express Chandigarh

Financial Express Chandigarh

Lodha Developers Q4 nets rises 9%

REALTY FIRM LODHA Developers on Friday reported a 9% increase in its consolidated net profit to 1,008.1 crore for the quarter ended March, mainly driven by higher income.

time to read

1 min

April 25, 2026

Financial Express Chandigarh

Dark patterns in online payments persist: Survey

80% of users hit despite regulatory tightening

time to read

2 mins

April 25, 2026

Financial Express Chandigarh

Munich, Stuttgart, or Austin: Who wins?

INDIA’S BEST ENTRY-LUXURY EVs COMPARED

time to read

1 mins

April 25, 2026

Financial Express Chandigarh

Trai to scale digital consent across 11 banks

DCA to digitise, centralise customer consents on distributed ledger

time to read

2 mins

April 25, 2026

Financial Express Chandigarh

US announces anti-dumping duties on solar cells

THE US DEPARTMENT of Commerce (DoC), following an investigation, has determined that solar cells imported from India are being sold in the US below fair value, and has recommended the imposition of anti-dumping duties equivalent to the dumping margin.

time to read

1 min

April 25, 2026

Financial Express Chandigarh

Benchmarks snap 2-week winning run

BENCHMARK EQUITY INDICES snapped a two-week winning streak on Friday, as investors resorted to profit booking amid concerns over rising crude oil prices, which surged nearly 20% to $107.5 per barrel.

time to read

2 mins

April 25, 2026

Financial Express Chandigarh

Reliance Retail Q4 net flat, but revenue up 11%

RELIANCE RETAIL, THE country’s largest organised retailer, on Friday reported its slowest profit growth in seven quarters for the January-March (Q4FY26) period, at 0.5% year-on-year (y-0-y) to 3,563 crore amid higher tax expenses and investment in its quick commerce business.

time to read

1 mins

April 25, 2026

Financial Express Chandigarh

Progress on key matters: Govt on US trade deal

INDIA AND THE US discussed the nitty-gritty of their long-anticipated interim trade agreement as officials from both sides met in Washington from April 20-23, though an official statement stopped short of providing a firm timeline for the deal.

time to read

1 min

April 25, 2026

Financial Express Chandigarh

Jan Dhan deposits cross ₹3.09 lakh cr

THE DEPOSITS IN accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) crossed ₹3.09 lakh crore as of April 8, indicating a shift from mass account open-

time to read

1 min

April 25, 2026

Financial Express Chandigarh

EAAA India, Yatayat get Sebi's nod to float IPOs

THREE COMPANIES — EAAA India Alternatives, an arm of Edelweiss Financial Services, MV Electrosystems and Yatayat Corporation India — have secured Sebi’s approval to raise funds through initial public offerings, an update with the markets regulator showed on Friday.

time to read

1 min

April 25, 2026

Listen

Translate

Share

-
+

Change font size