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AI reshapes India’s IT services sector contracts as clients demand more for less

BENGALURU, August 21 (Reuters) – AI (Artificial intelligence) promised to disrupt India’s IT industry and it is delivering. Outsourcing giants like Tata Consultancy Service, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying fees ​to performance outcomes instead of hours worked, as clients demand steep price cuts and more productivity. Industry executives also say they are losing some work entirely as customers use AI to shift tasks ‌in-house, while all the uncertainty that the new technology has brought is resulting in shorter contracts. And where once the big IT companies won contracts because they could point to their

As workplace surveillance grows, experts say it’s good to know the ways your employer is watching

NEW YORK, August 21, 2026 (AP) — College administrators read an adjunct professor’s comments to students on personal essays. Managers told a pharmacist to spend less time with patients after tracking the number and length of her appointments. Scanners on a warehouse conveyor belt monitored the pace of workers to ensure they inspected hundreds of items per hour. Thousands of employers are keeping tabs on the whereabouts, productivity and communications of workers with technology that was adopted widely during the coronavirus pandemic. A vast array of digital tools still are being used to track locations, collect data on task completion

FBI on lookout for Kamal, a member of Bishnoi gang

Washington, Aug 21 (PTI) The FBI is on the lookout for Indian national Kamal, allegedly involved in transnational crime as part of the Lawrence Bishnoi gang. Kamal is wanted for his alleged involvement in a transnational criminal organisation engaged in conspiracy to interfere with commerce by extortion, the FBI said on Thursday. No Name Given Kamal is #wanted by the #FBI for his alleged involvement in a transnational criminal organization known as The Lawrence Bishnoi Organized Crime Group. The group allegedly engaged in conspiracy to interfere with commerce by extortion, and operated in the Central… pic.twitter.com/fC58IUeufq — FBI Most Wanted

Gold rises to 3-month high of Rs 1.62 lakh/10g; silver surges Rs 10,000

Gold rises to 3-month high of Rs 1.62 lakh/10g; silver surges Rs 10,000

New Delhi, Aug 20 (PTI) Gold staged a sharp comeback in the national capital on Thursday, rising by Rs 4,300 to a three-month high of Rs 1.62 lakh per 10 grams, and silver surged by Rs 10,000 as investors turned to precious metals amid a weak US dollar. The yellow metal of 99.9 per cent purity appreciated by Rs 4,300 to Rs 1,62,300 per 10 grams (inclusive of all taxes), according to local traders. It had closed at Rs 1,58,000 per 10 grams on Wednesday. The precious metal was last seen at comparable levels on May 26, when it was

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