It's a wrap: News this week (September 6-12)

There have been multiple developments this week on the tech front. From TCS’ new service to Blue Cloud Softech’s acquisition, here is a list of the most important updates for a quick catch-up:

TCS launches chiplet-based service

Tapping into the $50 billion Indian semiconductor market, IT services firm TCS has announced the launch of its Chiplet-based System Engineering Services. This new offering provides semiconductor design services to accelerate innovation beyond traditional design, TCS said.

TCS will be using chiplets or small integrated circuits that serve as the building blocks of larger chips, to help deliver faster and more powerful processors. TCS’ new services are expected to give both Indian and international companies access to world-class expertise in chip-to-system engineering.

Additionally, the IT firm also signed a memorandum of understanding (MoU) with the Centre for Development of Advanced Computing (C-DAC) to accelerate the development of India’s sovereign cloud ecosystem. Under this collaboration, the two organisations will deliver AI-enabled cloud platforms aligned with India’s data localisation mandates and supporting the digital transformation of critical public sector services.

Affordable Robotic’s arm to invest $10 mn for expansion in Europe, US

HumRo, the robotics arm of BSE-listed Affordable Robotic and Automation (ARAPL), has announced a proposed investment of USD 8–10 million to support its expansion into global markets. The investment, pending approval from the company’s Board of Directors, aims to fuel capital expenditure and working capital needs as the company scales operations in the autonomous material handling sector.

The funding will be sourced through a mix of promoter contribution, preferential allotment, and debt instruments. As part of the initiative, Pune-based ARAPL’s promoter will invest USD 3 million in his personal capacity by diluting a proportional stake in the parent company. The proposal received board approval in the meeting held on August 29, 2025.

LTIMindtree renews digital transformation deal with Nordic’s OKQ8

LTIMindtree has announced the renewal of its strategic partnership with OKQ8, one of the largest fuel companies in the Nordic region. This renewal underscores LTIMindtree's role as a trusted technology partner, strengthening its collaboration with OKQ8 to support their digital transformation goals.

The extended partnership will focus on optimising OKQ8's technology landscape, spanning cloud and infrastructure management, application development and maintenance for both modern and legacy systems, advanced data analytics, CRM, and ERP services powered by Microsoft Dynamics.

Punjab National Bank taps TCIL to modernise IT Infrastructure

Telecommunications Consultants India Ltd (TCIL), a Government of India enterprise under the Ministry of Communications, has signed a Memorandum of Understanding (MoU) with Punjab National Bank (PNB) to bolster the bank’s digital transformation and IT infrastructure.

The agreement was formalised at TCIL’s headquarters in New Delhi, with senior leadership from both organisations in attendance. TCIL was represented by Chairman and Managing Director Sanjeev Kumar, while PNB’s delegation was led by General Manager Manish Agrawal.

As part of the collaboration, TCIL will offer consultancy, project management, and turnkey implementation services to support large-scale digital initiatives at PNB. The partnership aims to strengthen the bank’s digital backbone, enhance operational resilience, and improve customer experience with secure, scalable, and compliant IT solutions.

Blue Cloud Softech Solutions signs LOI to acquire 3P Vision

Blue Cloud Softech Solutions Limited (BCSSL), an Indian company specializing in AI and cybersecurity, has signed a Letter of Intent (LOI) to acquire 3P Vision, a defense technology firm with expertise in AI, drones, and integrated surveillance systems.

The proposed acquisition aims to expand BCSSL’s presence in the defense and homeland security sector. By combining 3P Vision’s surveillance and drone technologies with BCSSL’s existing portfolio in cloud computing, data analytics, cybersecurity, and enterprise solutions, the company seeks to build advanced defense and security platforms.