TCS CEO K Krithivasan claimed, citing research, that 95% of enterprise AI pilots have failed to deliver measurable value. "As we look ahead to 2026, a clearer picture of AI's impact is emerging," he said. Krithivasan added, "We are witnessing...a new form of organisational intelligence, where combinations of humans and machines shape how choices are developed, presented and discussed."

Bengaluru-based logistics solutions provider Shadowfax Technologies has raised ₹856.02 crore from 39 anchor investors on Monday, a day ahead of its IPO opening for public subscription. The company aims to raise ₹1,907.2 crore through the IPO. The issue will open on January 20 and close on January 22, with a price band of ₹118-124 per share.

The gig economy has become a "third pillar of livelihood" in India, Swiggy's food marketplace chief Rohit Kapoor told Moneycontrol. "Last year, we would have paid out more than ₹5,000 crore, so there is a substantial amount of income flowing back into delivery partners' hands," he added. Notably, Kapoor's remarks come amid continued scrutiny of delivery partner earnings.

US Ambassador to India, Sergio Gor, and Senator Steve Daines met Commerce and Industry Minister Piyush Goyal on Monday. "Had a productive exchange of views on our bilateral relationship," Goyal said. Daines and Senator Kevin Cramer had written to US President Donald Trump, urging a reduction in duties after reports claimed that India quietly imposed 30% tariffs on US pulses.

Silver prices crossed ₹3 lakh/kg for the first time ever in the Indian futures market on Monday. Silver's rally is an extension of last year's momentum, driven by a "perfect storm" of industrial supply scarcity and geopolitical shifts, News18 reported, citing an analyst. Fresh US tariffs against European nations and tensions with Venezuela and Iran have also boosted demand.

Google has declined to share its search and related data with OpenAI, the developer of ChatGPT, amid wider competition in artificial intelligence. The company says it will focus on its own AI products and protect proprietary information rather than supplying data to rivals. The move reflects intensifying strategic rivalry between major AI platform providers.

Wellness startup Culture has secured ₹2 crore in seed funding to scale its health and wellbeing products and services. The capital will be used to build the team, enhance product offerings and expand market reach. Culture focuses on holistic wellness solutions that blend physical, mental and lifestyle support for users seeking accessible and personalised health tools.

IT union Nascent Information Technology Employees Senate (NITES) has written to India's labour ministry accusing Wipro of delaying onboarding for over 250 graduates who received offer letters and formal joining details last year. The affected candidates say they have waited for months without confirmed joining dates or clear communication.

Professional services firm Deloitte announced its entry into Mangaluru at the TiEcon Mangaluru 2026 event, unveiling plans to grow operations and hire 50,000 professionals over time. The expansion aims to create jobs across technology, consulting and business services, tapping local talent and boosting the region’s job market.

Mobility stakeholders face rising design costs and development cycles. The metaverse can simulate vehicle designs and experiences, enabling virtual testing, immersive showcases and new marketing formats. While interoperability and usability remain challenges, brands embracing virtual prototypes, AR/VR showrooms and connected experiences reportedly strengthen engagement and shorten design cycles.