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Microsoft boost to data centre base in Hyderabad
Posted inTechnology

Microsoft boost to data centre base in Hyderabad

Hyderabad, which is emerging as a key data centre hub, gets a shot in the arm with Microsoft expanding the scope of its data centre plans. The company reportedly acquired…
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Tata Communications launches CloudLyte computing platform 
Posted inTechnology

Tata Communications launches CloudLyte computing platform 

Tata Communications Ltd reported that it introduced Tata Communications CloudLyte, an automated edge computing platform. It enables enterprises to deploy and manage applications across multiple countries globally, to offer advanced…
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Zee Media Corporation terminates CEO Abhay Ojha
Posted inTechnology

Zee Media Corporation terminates CEO Abhay Ojha

Zee Media Corporation Ltd on Monday said its CEO Abhay Ojha has been terminated with effect from May 4, 2024. In a regulatory filing, the company said its Board of…
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Services PMI drops a tad to 60.8 in April
Posted inTechnology

Services PMI drops a tad to 60.8 in April

The Purchasing Managers’ Index (PMI) for services moderated to 60.8 in April against 61.2 in March due to a marginal dip in export orders. However, S&P Global, the agency which…
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DTH, Cable TV players push for a forbearance-based regulatory approach for the broadcasting sector
Posted inTechnology

DTH, Cable TV players push for a forbearance-based regulatory approach for the broadcasting sector

DTH and cable operators including Hathway, Jio and Airtel have urged the regulator to put the broadcasting sector under forbearance. Submitting comments to the Telecom Regulatory Authority of India, they…
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Bhavish Aggarwal’s Krutrim launches android application, opens up cloud infra for businesses
Posted inTechnology

Bhavish Aggarwal’s Krutrim launches android application, opens up cloud infra for businesses

Ola founder Bhavish Aggarwal’s Krutrim, India’s first AI unicorn platform, has launched its standalone android app and has opened up its cloud platform, Krutrim Cloud to enterprises, researchers, and developers.…
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Good Capital to invest $25 million in AI start-ups by 2025
Posted inTechnology

Good Capital to invest $25 million in AI start-ups by 2025

Early-stage venture investment firm Good Capital is dedicating $25 million to invest in AI start-ups in India by FY25. The VC firm will invest from Good Capital Fund II’s corpus…
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Order executable value is surrogate for growth in FY25: Coforge CEO Sudhir Singh
Posted inTechnology

Order executable value is surrogate for growth in FY25: Coforge CEO Sudhir Singh

Though Coforge, the mid-tier IT firm, has not given an annual guidance for FY25, sees the order executable value as the surrogate for growth, according to CEO Sudhir Singh. The…
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WhatsApp bans 79.54 lakh accounts in March
Posted inTechnology

WhatsApp bans 79.54 lakh accounts in March

Social media platform WhatsApp has said that it banned 79.54 lakh accounts in March 1-31. And 14.30 lakh of these accounts were proactively banned before any reports from users.Also read:Apple…
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Apple CEO Tim Cook: Making in India to achieve competitive edge
Posted inTechnology

Apple CEO Tim Cook: Making in India to achieve competitive edge

As Apple hits another revenue record in India,  CEO Tim Cook says the iPhone maker is pragmatically making smartphones in India to become competitive.As Apple ramps up production in India…
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Posted inTechnology

How Does an Electric Circuit Board Function?

Electric Circuit Board Function A circuit board is a flat piece of material that holds and connects electronic components using conductive pathways, enabling them to communicate with each other and…
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IT companies to amp up off-campus hiring 
Posted inTechnology

IT companies to amp up off-campus hiring 

Indian IT companies that have traditionally concentrated on hiring from campuses are now increasingly looking to expand their recruitment efforts to include off-campus hiring. With this, amid an unpredictable demand…
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Microsoft to invest $2.2 billion in cloud and AI services in Malaysia
Posted inTechnology

Microsoft to invest $2.2 billion in cloud and AI services in Malaysia

Microsoft Corp. will invest $2.2 billion to build digital infrastructure in Malaysia, the latest in a series of big-ticket bets on Asia’s rising prominence as a technology market.The company plans…
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Public Sector IT leaders expect near-term adoption of multiple IT operating models: Report
Posted inTechnology

Public Sector IT leaders expect near-term adoption of multiple IT operating models: Report

Public Sector IT leaders expect substantial near-term adoption of multiple IT operating models (87 per cent), yet current usage (57 per cent) is slightly behind the average compared to other…
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Indian BPM industry will adopt AI, jobs won’t be lost but roles will evolve
Posted inTechnology

Indian BPM industry will adopt AI, jobs won’t be lost but roles will evolve

IT bellwether TCS’ CEO K Krithivasan’s recent take on the effect of AI on call center functions has re-sparked the debate over the adverse effect of AI deployment on the…
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Posted inTechnology

How Can High Density Interconnect PCB Be Used in Wearable Technology?

How Can High Density Interconnect PCB Be Used A high density interconnect pcb is a printed circuit board that offers more components in a smaller space. This technology supports a…
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Indian startup OneAIChat unveils unified interface for leading LLMs
Posted inTechnology

Indian startup OneAIChat unveils unified interface for leading LLMs

Are you tired of visiting different LLMs to get human-like answers and comparing the answers produced by those Generative AI websites?An Indian startup has built a multi-modal AI aggregator to…
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Koo stops salary payments from April amid strategic partner discussions
Posted inTechnology

Koo stops salary payments from April amid strategic partner discussions

Microblogging start-up Koo has stopped alary payments to all its employees from April as the company is going through a cash crunch situation. The microblogging startup was touted as a…
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Deals bagged by top 4 IT firms increase by 32% in FY24
Posted inTechnology

Deals bagged by top 4 IT firms increase by 32% in FY24

Even as business slowed for IT firms in FY24, these firms reported improvement in their order book going from FY23 to FY24. According to data shared by CareEdge – total…
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Posted inTechnology

Thermal Considerations for Printed Circuit Board Assemblies

Printed Circuit Board Assemblies Printed circuit boards (PCBs) connect electronic components together into a functional unit that can be used in a variety of applications. PCB fabrication processes, such as…
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Azim Premji’s PremjiInvest bets on AI to prop $10 billion fund
Posted inTechnology

Azim Premji’s PremjiInvest bets on AI to prop $10 billion fund

PremjiInvest, the largest Indian family office that manages over $10 billion for software tycoon Azim Premji, will invest more money into artificial intelligence companies while fine-tuning its proprietary AI investment…
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IT firms’ margins hit a three-year low in FY24
Posted inTechnology

IT firms’ margins hit a three-year low in FY24

Margins for top Indian IT firms, excluding TCS, hit the lowest in three years during FY24. As economic troubles starting with the war in Ukraine spelled trouble for Western markets…
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Mphasis reports 2.9% y-o-y profit decline at 393.22 cr
Posted inTechnology

Mphasis reports 2.9% y-o-y profit decline at 393.22 cr

IT firm Mphasis recorded a 2.9 per cent year-on-year (y-o-y) net profit decline at ₹393.22 crore for the fourth quarter. On a sequential basis, profits rose by 5.2 per cent.…
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UST acquires Strativity Group, strengthens presence in Australian market
Posted inTechnology

UST acquires Strativity Group, strengthens presence in Australian market

Digital transformation solutions company UST has acquired Strativity Group, an Australian boutique strategy consultancy specialising in customer-centric transformations. Strativity delivers customer experience strategy, design, innovation, change management, and operating models…
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Pune court asks police to probe bribery allegations against IT major Cognizant
Posted inTechnology

Pune court asks police to probe bribery allegations against IT major Cognizant

The sessions court here has directed the Anti-Corruption Bureau (ACB) of Maharashtra Police to investigate allegations against IT major Cognizant Technologies that it paid a bribe through a contractor to…
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HCLTech Q4 FY24 net profit flat at ₹3,986 crore
Posted inTechnology

HCLTech Q4 FY24 net profit flat at ₹3,986 crore

HCL Technologies (HCLTech) on Friday reported a consolidated net profit of ₹3,986 crore for the fourth quarter that ended on March 31, a marginal growth year-on-year (y-o-y) as compared with…
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Posted inTechnology

How Rigid Flex Printed Circuit Boards Affect Signal Integrity

Rigid Flex Printed Circuit Boards Rigid-flex printed circuit boards are a game-changer for electronics and can boost efficiency and durability in various sectors. In areas like aerospace and wearable technology,…
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IT sector expects fresher hiring surge in FY25 with deal growth, attrition decline
Posted inTechnology

IT sector expects fresher hiring surge in FY25 with deal growth, attrition decline

The IT sector in India, after a complete fiscal of low-to-no freshers and entry-level hiring, will see fresher hiring pick up in FY25. As the deal pipeline swells, attrition comes…
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Cyient Q4 PAT up by 9% at ₹173 cr
Posted inTechnology

Cyient Q4 PAT up by 9% at ₹173 cr

Engineering and technology solutions company, Cyient has posted a net profit of ₹173 crore, showing a growth of 9.1 per cent year-on-year. It registered a revenue of ₹1,489 crore, reporting…
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Posted inTechnology

Can flexible PCBs be used in medical devices

flexible PCBs be used in medical devices Medical devices are a key part of healthcare and can help detect, diagnose, treat or even cure a wide range of conditions. Increasingly,…
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Vodafone Idea 2.0 begins with ₹18,000 crore FPO: Kumar Mangalam Birla
Posted inTechnology

Vodafone Idea 2.0 begins with ₹18,000 crore FPO: Kumar Mangalam Birla

On the back of the ₹18,000 crore fundraise through a follow on offer, Vodafone Idea will stage a smart turnaround, according to Kumar Mangalam Birla, Chairman, Aditya Birla Group. Speaking at…
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CriticalRiver to offer ESOPS for all its employees to build loyalty, cut attrition
Posted inTechnology

CriticalRiver to offer ESOPS for all its employees to build loyalty, cut attrition

In a bid to promote loyalty and reduce attrition, technology solutions company CriticalRiver has floated a two-way ESOP (employee stock option) policy to give shares to all of its employees.…
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Posted inTechnology

Heavy Copper PCBs and Signal Integrity

Heavy Copper PCBs Copper is the lifeblood of a PCB, providing a foundation upon which traces, the intricate pathways that carry electrical signals, are built. It’s the underlying technology that…
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Cognizant incurs $229 million in 2023 as part of its NextGen programme
Posted inTechnology

Cognizant incurs $229 million in 2023 as part of its NextGen programme

As part of the NextGen programme, the US-based Cognizant Technology Solutions in 2023 incurred $115 million of employee separation costs and $114 million of facility exit and other costs totalling…
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IndiGo’s Rahul Bhatia, C P Gurnani’s Assago set up AI business venture
Posted inTechnology

IndiGo’s Rahul Bhatia, C P Gurnani’s Assago set up AI business venture

Rahul Bhatia, Group MD, InterGlobe Enterprises (IndiGo’s parent company) and CP Gurnani, former CEO, Tech Mahindra, have launched a new AI company called AIonOS.AIonOS aims to provide businesses with advanced…
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HP Inc partners with Indo-MIM for metal 3D parts production, expect nearly 40% growth in India
Posted inTechnology

HP Inc partners with Indo-MIM for metal 3D parts production, expect nearly 40% growth in India

HP Inc has partnered with Metal Injection Molding (MIM) company Indo-MIM to mass produce metal 3D parts in India. The company is looking at a nearly 40 per cent growth…
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Net profit for Sify remains flat in Q4; saw a steep decline in FY24
Posted inTechnology

Net profit for Sify remains flat in Q4; saw a steep decline in FY24

Sify Ltd, the Chennai-based ICT service and solution provider, reported a consolidated net profit of ₹3.8 crore for the fourth quarter ended March 31, 2024, as against ₹3.4 crore in…
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Google will not claim ownership of AI-generated content
Posted inTechnology

Google will not claim ownership of AI-generated content

In a move that could significantly impact the discourse around ownership of the AI-generated content, digital technologies company Google has said that it will not claim ownership over the original…
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Tech start-ups can seek DoT nod directly for beta testing services: TRAI
Posted inTechnology

Tech start-ups can seek DoT nod directly for beta testing services: TRAI

Soon tech start-ups can start testing their services and products on a telecom network without getting into a bilateral deal with a specific operator. The telecom regulator has suggested that…
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TikTok divest-or-ban bill expected to become US Law within days
Posted inTechnology

TikTok divest-or-ban bill expected to become US Law within days

The US House was on a path Saturday to passing legislation forcing TikTok’s Chinese parent ByteDance Ltd. to divest its ownership stake on a fast-track to become law, in a…
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Elon Musk’s India trip may see breakthroughs for Starlink, Tesla
Posted inTechnology

Elon Musk’s India trip may see breakthroughs for Starlink, Tesla

Days after Tesla Inc’s largest-ever round of layoffs and hours before its quarterly earnings, Elon Musk will fly to India to squeeze in a meeting with Prime Minister Narendra Modi. It’s…
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Tata in talks to buy Pegatron’s iPhone operations as soon as May
Posted inTechnology

Tata in talks to buy Pegatron’s iPhone operations as soon as May

Tata Group may strike a deal to take control of Pegatron Corp.’s iPhone manufacturing operations in India as soon as May, cementing Apple Inc.’s relationship with one of the country’s…
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For the first time in a decade, top 3 IT services firm see dip in headcount
Posted inTechnology

For the first time in a decade, top 3 IT services firm see dip in headcount

Once a major force for offering employment in the country, IT services firms have seen a reduction in their workforce for the first time in at least a decade. Large…
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Bombay HC prevents Cognizant from using trademark logo in India
Posted inTechnology

Bombay HC prevents Cognizant from using trademark logo in India

The Bombay High Court has temporarily prohibited US-based information technology giant Cognizant Technology Solutions, to use its new trademark logo in India as it is alleged to be identical to…
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Samsung eyes ₹10,000-cr turnover in India through its television business
Posted inTechnology

Samsung eyes ₹10,000-cr turnover in India through its television business

Samsung is targeting a ₹10,000-crore turnover for its television business in India on the back of mid to premium segment models, said Mohandeep Singh, Senior Vice-President, Visual Display Business, Samsung…
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Microblogging site X banned due to national security reasons: Pakistan govt tells High Court
Posted inTechnology

Microblogging site X banned due to national security reasons: Pakistan govt tells High Court

The Pakistan government on Wednesday told a high court that the popular microblogging site X has been banned in the country due to national security issues after the social media…
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With two strong promoters, we do not have room for strategic investors: Vodafone CEO Akshay Moondra
Posted inTechnology

With two strong promoters, we do not have room for strategic investors: Vodafone CEO Akshay Moondra

Garnering the third largest anchor allotment in the country, Vodafone Idea’s follow-on public offer hopes to attain full subscription come April 18. In an interview with businessline Vodafone CEO Akshay…
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PlanckDOT raises $350,000 in bridge round to develop Quanta AI platform for Edge Data Centres
Posted inTechnology

PlanckDOT raises $350,000 in bridge round to develop Quanta AI platform for Edge Data Centres

PlanckDOT, a technology startup focusing on Edge Data Centres, raises $350,000 in a bridge round. The current funding round pegs the startup’s valuation at $30 million.The startup said the proceeds…
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X (Twitter) may start charging new users’ tweets, likes
Posted inTechnology

X (Twitter) may start charging new users’ tweets, likes

In a bid to restrict the onrush of bots and fake accounts, new users on social media platform X (formerly known as Twitter) will now be required to pay a…
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Indian enterprises shifting towards hybrid multi-cloud adoption, smart cloud strategies: Nutanix Survey
Posted inTechnology

Indian enterprises shifting towards hybrid multi-cloud adoption, smart cloud strategies: Nutanix Survey

Hybrid multi-cloud remains the dominant deployment model in India with 44 per cent of companies using it, according to the sixth annual global Nutanix Enterprise Cloud Index (ECI) survey and…
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Expect 5G rollout, 6-9 months after raising funds: Vodafone CEO, Akshay Moondra
Posted inTechnology

Expect 5G rollout, 6-9 months after raising funds: Vodafone CEO, Akshay Moondra

As debt-laden telecom operator, Vodafone Idea gets ready for its follow on public offer of ₹18,000 crore – CEO Akshay Moondra expects to roll out Vi’s 5G network in the…
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Apple loses top phonemaker spot to Samsung as iPhone shipments drop, report says
Posted inTechnology

Apple loses top phonemaker spot to Samsung as iPhone shipments drop, report says

Apple's smartphone shipments dropped about 10 per cent in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research…
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NetApp partners with Google Cloud to maximise flexibility for cloud data storage
Posted inTechnology

NetApp partners with Google Cloud to maximise flexibility for cloud data storage

Data infrastructure company NetApp has expanded its partnership with Google Cloud to make it easier for organisations to leverage data for generative AI (GenAI) and other hybrid cloud workloads. Under…
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Allow only Indian entities to participate in regulatory sandbox: TRAI
Posted inTechnology

Allow only Indian entities to participate in regulatory sandbox: TRAI

Only Indian nationals or entities should be eligible to participate in telecom regulatory sandboxes that can provide real-time but regulated access to networks and customer resources during product or technology…
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‘Spyware attack on iPhones erodes trust in mobile phones’
Posted inTechnology

‘Spyware attack on iPhones erodes trust in mobile phones’

The recent news of a large-scale mercenary spyware attack targeting iPhone users in India and 91 other countries sent shockwaves among smartphone users globally as it exposed their privacy and…
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Number of devices hit by data-stealing malware rises over 600%pc in three years: Kaspersky
Posted inTechnology

Number of devices hit by data-stealing malware rises over 600%pc in three years: Kaspersky

The number of devices compromised with data-stealing malware has increased more than 600 per cent in the past three years, according to cybersecurity firm Kaspersky.Also read:Hackers spam Indian businesses with…
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TCS Q4 profit rises 9.1% Y-o-Y on strong domestic revenue, revival in UK business
Posted inTechnology

TCS Q4 profit rises 9.1% Y-o-Y on strong domestic revenue, revival in UK business

In an indication that the worst may be over for the IT services sector, Tata Consultancy Services announced a 9.1 per cent growth in profit to ₹12,434 crore in the…
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IT majors TCS, Infosys, Wipro brace for muted show amid weak global macros, tight spends
Posted inTechnology

IT majors TCS, Infosys, Wipro brace for muted show amid weak global macros, tight spends

Indian IT companies are seen signing off FY24 on a subdued note with an uncertain global macroeconomic environment dragging tech demand and client spends, analysts said, forecasting modest commentary and…
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Posted inTechnology

Apple iPhone users in India and 91 other countries receive alerts on mercenary spyware threat

Apple did not attribute the attack to any entity
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Foxconn considers rotating CEOs in management reshuffle
Posted inTechnology

Foxconn considers rotating CEOs in management reshuffle

Apple supplier Foxconn is considering introducing a rotating chief executive system in a major overhaul of its management structure designed to nurture future talent, three sources briefed on the matter…
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Srini Pallia — The insider trusted to hike Wipro back up
Posted inTechnology

Srini Pallia — The insider trusted to hike Wipro back up

IT major Wipro recently appointed Srinivas Pallia as Chief Executive Officer and Managing Director to succeed outgoing Thierry Delaporte. Pallia — referred to as Srini — so far a lesser-known…
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Sharad Sanghi ventures into Gen AI with Neysa, secures $20 mn seed funding
Posted inTechnology

Sharad Sanghi ventures into Gen AI with Neysa, secures $20 mn seed funding

Sharad Sanghi, the man among the first to invest in India’s data centre sector, is now betting on Gen AI with a new venture, Neysa. Neysa, which will be India’s…
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TASL’s first ‘sub-metre optical’ satellite launched
Posted inTechnology

TASL’s first ‘sub-metre optical’ satellite launched

Tata Advanced Systems Ltd (TASL) and Satellogic on Monday announced the successful deployment into space of ‘TSAT-1A’, a sub-metre optical satellite, after its launch from the Kennedy Space Center, Florida,…
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With foundational elements of Wipro’s transformation in place, my main goal is complete: Former CEO 
Posted inTechnology

With foundational elements of Wipro’s transformation in place, my main goal is complete: Former CEO 

 IT major Wipro’s former CEO Thierry Delaporte, who resigned on April 6, said with the foundational elements of the company’s transformation plan in place, his main goal is completed. In his…
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Vodafone Idea’s ₹20,000 crore share sale to hit market soon, roadshows garner investor interest
Posted inTechnology

Vodafone Idea’s ₹20,000 crore share sale to hit market soon, roadshows garner investor interest

Telecom operator Vodafone Idea’s share sale of ₹20,000 crore through a follow-on public offer is expected to hit the market within a month, sources said. Roadshows have already drummed up…
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Thierry Delaporte’s mixed legacy at Wipro
Posted inTechnology

Thierry Delaporte’s mixed legacy at Wipro

Thierry Delaporte, IT major Wipro’s CEO find - bought in four years ago to get the lagging company out of the rut, resigned a year before his term ends, on…
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HP’s two new AI-enhanced laptops to help consolidate its market position
Posted inTechnology

HP’s two new AI-enhanced laptops to help consolidate its market position

Personal computer manufacturer HP is trying to consolidate its number one position in gaming PCs by launching two new categories of laptops. It has introduced two Artificial Intelligence-enhanced laptops designed…
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Wipro CEO Thierry Delaporte steps down, Srini Pallia named successor
Posted inTechnology

Wipro CEO Thierry Delaporte steps down, Srini Pallia named successor

IT major Wipro announced on Saturday that its chief executive officer, Thierry Delaporte, will resign effective immediately, ‘to pursue passions outside the workplace’. The company said in a notification to…
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Mphasis signs collab agreement with AWS to launch Gen AI foundry 
Posted inTechnology

Mphasis signs collab agreement with AWS to launch Gen AI foundry 

Mphasis, IT solutions provider, has announced a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS). With this collaboration, Mphasis establishes the Gen AI Foundry, led by Mphasis.AI,…
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Three in four feature phone users express interest in switching to smartphones: CMR study
Posted inTechnology

Three in four feature phone users express interest in switching to smartphones: CMR study

Feature phones remain a lifeline for many, but India is experiencing a surge in digital acceleration, driving a renewed interest in affordable 4G smartphones and even 5G offerings within the…
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SiMa.ai raises $70 million in fresh funding
Posted inTechnology

SiMa.ai raises $70 million in fresh funding

SiMa.ai, the software-centric, embedded edge machine learning system-on-chip company, announced it has raised an additional $70 million of funding led by Maverick Capital, with participation from Point72 and Jericho, as…
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TRAI floats consultation paper on auction of spectrum in three new bands
Posted inTechnology

TRAI floats consultation paper on auction of spectrum in three new bands

New Delhi, April 4The Telecom Regulatory Authority of India (TRAI) on Thursday sought stakeholders’ views on the auction of three new spectrum bands -- 37–37.5 GHz; 37.5–40 GHz; and 42.5–43.5…
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GenAI start-up Vodex raises $2 million in seed round 
Posted inTechnology

GenAI start-up Vodex raises $2 million in seed round 

Vodex, a GenAI company, has raised $2 million in a seed round from Unicorn India Ventures, and Pentathlon Ventures. The funds raised will be used for global expansion. The company…
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India’s tech sector revenue to grow 3.8% Y-o-Y to $254 billion: Report
Posted inTechnology

India’s tech sector revenue to grow 3.8% Y-o-Y to $254 billion: Report

India continues to lead the global technology sector despite global economic uncertainties, according to Deloitte India’s Tech Trends report. It estimates FY24 revenue of $254 billion for India’s tech sector,…
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Digital transformation sweeping Indian manufacturers, study reveals
Posted inTechnology

Digital transformation sweeping Indian manufacturers, study reveals

NYSE-listed Rockwell Automation, Inc., a leading MNC dedicated to industrial automation and digital transformation, has found that Indian manufacturers are in a big way taking up digital transformation, driven by…
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Muted demand to stymie Q4 hopes of IT firms
Posted inTechnology

Muted demand to stymie Q4 hopes of IT firms

The fourth quarter of 2023-24 is not going to bring any good news for the Indian IT industry. Going by the global macro cues, the fourth quarter results are likely…
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Infosys receives tax demand of ₹341 crore 
Posted inTechnology

Infosys receives tax demand of ₹341 crore 

IT major Infosys has received a tax demand of ₹341 crore from the Income Tax Department for the assessment year 2020-21.“The company is in the process of evaluating the implications…
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Telcos oppose TRAI proposal on relaxing norms for virtual network operators
Posted inTechnology

Telcos oppose TRAI proposal on relaxing norms for virtual network operators

Bharti Airtel, Reliance Jio and Vodafone Idea have opposed the telecom regulator’s proposal to allow virtual network operators (VNOs) to link up with multiple telecom companies in a circle. The…
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IBM expects cybersecurity spending to rise with advent of GenAI: Monisha Oberoi of IBM Consulting
Posted inTechnology

IBM expects cybersecurity spending to rise with advent of GenAI: Monisha Oberoi of IBM Consulting

The advent of Generative Artificial Intelligence(AI), is accelerating the threat landscape, making cybersecurity investments inevitable. IBM seeing spending on cybersecurity to increase in the coming years, said Monisha Oberoi, Partner…
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Infosys to receive ₹6,329 crore tax refund from I-T dept
Posted inTechnology

Infosys to receive ₹6,329 crore tax refund from I-T dept

Infosys Ltd has said that it expects a refund of ₹6,329 crore from the Income Tax Department. It also informed the stock exchanges about tax demand to the tune of…
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AT&T says data from 73 million accounts leaked on dark web
Posted inTechnology

AT&T says data from 73 million accounts leaked on dark web

AT&T Inc. said that personal data from about 7.6 million current account holders and 65.4 million former customers was leaked onto the dark web.The data — leaked about two weeks…
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TCS responds to discrimination allegations, asserts equal opportunity employment
Posted inTechnology

TCS responds to discrimination allegations, asserts equal opportunity employment

 Tata Consultancy Services has said that allegations that it engages in unlawful discrimination are meritless and misleading.“TCS has a strong track record of being an equal opportunity employer in the…
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US court asks India to pay $132 million to Deutsche Telekom in Devas Antrix case
Posted inTechnology

US court asks India to pay $132 million to Deutsche Telekom in Devas Antrix case

The United States District Court for the District of Columbia confirmed a $132-million award awarded to Deutsche Telekom against the Republic of India. The German company had petitioned the court…
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About 30% of new GCCs in Oct-Dec from the semiconductor sector
Posted inTechnology

About 30% of new GCCs in Oct-Dec from the semiconductor sector

Policymakers’ push for semiconductor manufacturing and chip design talent base has led to more chip industry GCCs (global capability centres) setting up shops in India. Also read:DY Patil University starts…
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Accel announces its Atoms 3.0, unveils 8 start-ups
Posted inTechnology

Accel announces its Atoms 3.0, unveils 8 start-ups

Venture capital firm Accel has unveiled eight start-ups from the third cohort of its accelerator programme Atoms. The programme’s first sector-focused cohort, Atoms 3.0, backs pre-seed startups building in the…
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Amazon invests $2.75 billion in AI startup Anthropic
Posted inTechnology

Amazon invests $2.75 billion in AI startup Anthropic

Amazon.com Inc has announced that it is investing an additional $2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence startup and expand a…
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Gupshup bets on AI amid increased client spending
Posted inTechnology

Gupshup bets on AI amid increased client spending

SaaS-based conversational messaging platform Gupshup is seeing a higher allocation by client spending for experimental digital initiatives and increased spending on conversational channels, according to Beerud Sheth, co-founder and CEO,…
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Sify data centre in Mumbai goes live; Chennai, Noida units slated for June
Posted inTechnology

Sify data centre in Mumbai goes live; Chennai, Noida units slated for June

With data consumption exploding in India, Chennai-based Sify Technologies is setting up more data storage centres. Its data centre at Rabale in Mumbai went live recently, and it will launch…
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Zee creates special committee to audit business verticals
Posted inTechnology

Zee creates special committee to audit business verticals

In a bid to rescue struggling financials after the Zee-Sony merger collapse, the board of Zee Entertainment Enterprises Ltd (ZEE) has institutionalised a structured Monthly Management Mentorship (3M) Programme, which…
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KPMG India, Cisco collaborate to accelerate customers’ digital transformation
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KPMG India, Cisco collaborate to accelerate customers’ digital transformation

KPMG India and Cisco, an enterprise networking and security company, announced a strategic alliance to provide organisations in India with a broad range of services to help navigate complex business…
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MeitY readies DPDP rules but waits for LS elections before releasing them for consultation
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MeitY readies DPDP rules but waits for LS elections before releasing them for consultation

The Ministry of Electronics and IT has completed the drafting process for the rules of the Digital Personal Data Protection Act (DPDP), 2023. However, the rules will be open for…
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Apple’s Cook tells China forum AI is key for climate battle
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Apple’s Cook tells China forum AI is key for climate battle

Apple Inc. Chief Executive Officer Tim Cook said artificial intelligence is an essential tool for helping businesses reduce their carbon footprint, as he joined a climate change dialog Sunday at…
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Centre likely to relax export norms for networking equipment, information security software
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Centre likely to relax export norms for networking equipment, information security software

In line with the policy to promote exports of high-tech items, the government is set to liberalise exports of two controlled items with dual-use capabilities – networking equipment and information…
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Telcos may take a tariff hike call after elections
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Telcos may take a tariff hike call after elections

Telecom consumers must brace for another round of tariff hikes after the general elections and mobile operators are looking to improve their average revenue per user.However, experts believe that telcos…
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Zoho’s Sridhar Vembu keen on setting up semiconductor design project in rural Tenkasi
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Zoho’s Sridhar Vembu keen on setting up semiconductor design project in rural Tenkasi

As India has set an ambitious mission of becoming a major hub for semiconductor, Zoho’s co-founder and CEO Sridhar Vembu wants to set up a semiconductor design project in rural…
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Tech Mahindra to consolidate two US-based subsidiaries
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Tech Mahindra to consolidate two US-based subsidiaries

Born Group, Inc., a step-down subsidiary of Tech Mahindra Ltd (TML), will merge with Tech Mahindra (Americas) Inc., a subsidiary of TML, with the appointed date of the merger plan…
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Vodafone Group looks to sell up to 3% stake in Indus Towers
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Vodafone Group looks to sell up to 3% stake in Indus Towers

Vodafone Group Plc is looking to sell up to 3 per cent stake in Indian telecom infrastructure company Indus Towers, which has seen its shares run up over 70 per…
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What is the best way to design a flex circuit PCB?

best way to design a flex circuit PCB The first step in flex circuit pcb assembly is to mount the components. This can be done by either manually or automatically…
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VentureBlick to help Indian health tech start-ups go global
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VentureBlick to help Indian health tech start-ups go global

VentureBlick, a global platform for healthcare innovation, has signed a memorandum of understanding with start-up ecosystem enabler T-Hub to groom health tech start-ups and promote cross-border cooperation.With a network of…
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Alphatron Capital raises $30-million fund
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Alphatron Capital raises $30-million fund

Alphatron Capital, formerly SMK Ventures, a US-based venture capital firm, has closed its maiden fund with $30 million. The fund, which was oversubscribed by 20 per cent, would focus on…
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IPL 2024: JioCinema Ropes in 18 Sponsors & 250 Advertisers
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IPL 2024: JioCinema Ropes in 18 Sponsors & 250 Advertisers

For the upcoming 2024 season of the Indian Premier League, JioCinema has roped in 18 sponsors and 250 advertisers. JioCinema is the digital streaming partner for the upcoming season. Fantasy sports…
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Deep fakes, phishing attacks, misinformation could mislead the electorate
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Deep fakes, phishing attacks, misinformation could mislead the electorate

It is time for general elections so as the time for cyber frauds. As the country gears up for election campaign, hackers sharpen their tools to lure people into scam…
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‘For SMBs, we make IT investment a force multiplier’
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‘For SMBs, we make IT investment a force multiplier’

Cloud solutions are not just a big boys’ game. In fact, small and medium businesses (SMBs) need to adopt cloud solutions now more than ever, given the headwinds they face.…
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Smartphone industry seeks tariff reduction
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Smartphone industry seeks tariff reduction

Smartphone makers have urged the Finance Ministry to lower custom duties on crucial components in the full budget for financial year 2024-25. Sources suggest that the smartphone and laptop makers…
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After Google, Meta announces to work with ECI to flag unlawful content from its platforms
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After Google, Meta announces to work with ECI to flag unlawful content from its platforms

As the world’s largest democracy prepares for the 18th General Elections, Meta (erstwhile Facebook) will continue efforts to limit misinformation, remove voter interference, and enhance transparency and accountability on its…
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IT Cos like Google, Meta and Microsoft to address national meet on AI, ML at JNTU on March 30, 31
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IT Cos like Google, Meta and Microsoft to address national meet on AI, ML at JNTU on March 30, 31

Over 2,000 IT professionals, researchers, startups and technology students will take part in the two-day AI Days 2024, an exclusive meet on artificial intelligence and machine learning, here on March…
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Tata Sons to sell 0.6% stake in TCS for over ₹9,200 crore
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Tata Sons to sell 0.6% stake in TCS for over ₹9,200 crore

Tata Sons, the holding company of the Tata Group, will be selling over 2 crore shares or 0.6 per cent equity of Tata Consultancy Services through a block deal for…
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Apple to pay USD 490 million to settle allegations that it misled investors about iPhone sales in China
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Apple to pay USD 490 million to settle allegations that it misled investors about iPhone sales in China

Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone's sales in China that culminated in…
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ER&D preferred over IT companies by clients, not seen as competition: LTTS CEO
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ER&D preferred over IT companies by clients, not seen as competition: LTTS CEO

Even as larger IT players are increasingly building their Engineering Research & Development (ER&D) capabilities, L&T Technology Services(LTTS) does not see IT companies as a competition and believes it specific…
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KRAFTON India launches inaugural cohort under gaming incubator, invests in 2 companies
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KRAFTON India launches inaugural cohort under gaming incubator, invests in 2 companies

South Koream game developer KRAFTON India has launched its inaugural cohort KRAFTON India Gaming Incubator (KIGI). KIGI aims to provide mentorship for game development talent in India for a duration…
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Govt removes permit requirement for untested AI models; calls for labelling content
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Govt removes permit requirement for untested AI models; calls for labelling content

The government has dropped the permit requirement for untested AI models but emphasised the need to label AI-generated content, according to a latest advisory on Artificial Intelligence technology.Also read: BL…
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Tech firms miss deadline for submitting status report under new AI rules
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Tech firms miss deadline for submitting status report under new AI rules

Tech firms have skipped submitting status reports to the Centre in adherence to the newly introduced directives on AI. Ministry of Electronics and IT had set March 15 deadline for…
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Hinduja Tech secures $50-million investment from PE Fund Creador
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Hinduja Tech secures $50-million investment from PE Fund Creador

Hinduja Tech Limited (HT), a mobility-focused global engineering R&D services company and a subsidiary of Ashok Leyland, has secured a $50 million investment from Creador, a PE firm focused on…
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WNS opens delivery centre in Hyderabad
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WNS opens delivery centre in Hyderabad

WNS (Holdings) Limited, a business process management (BPM) solutions firm and a NYSE-listed company, has opened a new delivery centre in Hyderabad. The 40,000-sq ft office located at the IT…
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LinkedIn’s India head Ashutosh Gupta steps down
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LinkedIn’s India head Ashutosh Gupta steps down

Ashutosh Gupta, Country Manager for India & APAC Head of Online Sales for LinkedIn Marketing Solutions, has decided to leave the company at the end of April to take a…
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AI platform RapidCanvas raises $7.5 million in seed funding
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AI platform RapidCanvas raises $7.5 million in seed funding

AI platform RapidCanvas on Wednesday announced that it raised $7.5 million in seed funding led by Accel and with participation from Valley Capital Partners. RapidCanvas is unveiling its AutoAI platform,…
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pm narendra modi lays foundation stone for three semiconductor plants
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pm narendra modi lays foundation stone for three semiconductor plants

Prime Minister Narendra Modi on Wednesday laid the foundation stone, through a virtual ceremony, for three semiconductor projects worth around ₹1.25-lakh crore. The three sites are Dholera Special Investment Region…
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Workflow automation platform Nanonets raises $29 million in Series B round 
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Workflow automation platform Nanonets raises $29 million in Series B round 

Nanonets, an AI-based workflow automation platform, raised $29 million in a Series B funding round led by Accel. The funding round also saw participation from existing investors Elevation Capital, YCombinator…
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Adani, Qualcomm CEO discuss India’s potential in AI, semiconductors
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Adani, Qualcomm CEO discuss India’s potential in AI, semiconductors

Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology…
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Three years since launch, has Paytm’s mini app store lived up to expectations?
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Three years since launch, has Paytm’s mini app store lived up to expectations?

The recent conflict between Google and Indian app developers has reignited the debate for an indigenous app store yet again. Recently, digital payments and financial services firm PhonePe launched its…
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Ghost users can be Trojan horses, can break open doors for cyber intruders: Report
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Ghost users can be Trojan horses, can break open doors for cyber intruders: Report

Ghost users of your computer networks can be dangerous. They can expose your networks to cyber-attacks, caution cybersecurity experts.Ghost users are those employees or vendors that have stopped working for…
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Digital panel’s Draft Bill to elude relief for news publishers
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Digital panel’s Draft Bill to elude relief for news publishers

The Centre-appointed 16-member inter-ministerial committee on digital competition law (CDCL) is set to recommend a draft digital competition Bill without any specific bargaining guidelines that could come in handy for…
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Mobile phone manufacturing jumps 21 times to ₹4.1 lakh cr in 10 yrs: ICEA
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Mobile phone manufacturing jumps 21 times to ₹4.1 lakh cr in 10 yrs: ICEA

Mobile phone manufacturing in value terms jumped 21-fold to ₹4.1 lakh crore in India in the last 10 years as government policy measures like PLI played a critical role in…
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Tata Tech to set up skilling centres in Telangana
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Tata Tech to set up skilling centres in Telangana

Tata Technologies Limited (TTL) will establish advanced technical skill training centres in 65 ITIs (Industrial Training Institutes) in Telangana. The decision has been taken after a meeting between the company’s…
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Apple retreats in Epic feud, allows Fortnite return in EU
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Apple retreats in Epic feud, allows Fortnite return in EU

Under pressure from European regulators, Apple took a step back in its feud with Epic Games on Friday, clearing the way for Epic to put its own game store on iPhones…
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Fintechs need to focus on curtailing losses, new growth areas
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Fintechs need to focus on curtailing losses, new growth areas

Fintechs have seen exponential growth in personal and business loan segments, but are now seeing some stress, especially in more recent sourcing. This warrants a need to control aggression in…
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Technovalley Software launch LSG-YEP programme in Kerala 
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Technovalley Software launch LSG-YEP programme in Kerala 

Technovalley Software India Pvt Ltd, offering advanced knowledge transfer services, has announced the launch of the Local Self-Government Youth Empowerment Programme (LSG-YEP) in collaboration with panchayats across Kerala. Also read:…
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‘AI is a monster wave,’ Girish Mathrubootham
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‘AI is a monster wave,’ Girish Mathrubootham

Artificial Intelligence (AI) is a big threat but also provides the biggest opportunity for the SaaS (software as a service) community, said Girish Mathrubootham, founder and CEO of the Chennai/US…
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AI startup Cloodot secures ₹1 crore funding
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AI startup Cloodot secures ₹1 crore funding

Cloodot, an AI startup based in Kerala supported by Kerala Startup Mission (KSUM), has secured a funding of ₹1 crore from venture capital major Upekkha.Also read: Tech industry to push…
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Google restores Bharatmatrimony and 140 other apps on Play Store after 4-day suspension
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Google restores Bharatmatrimony and 140 other apps on Play Store after 4-day suspension

Around 140 apps, including Bharatmatrimony, were restored by Google in its Play Store early Wednesday morning after being deleted for four days. “We lost almost 70 to 80 percent of…
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Manish Prasad appointed President and Managing Director for SAP Indian Subcontinent
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Manish Prasad appointed President and Managing Director for SAP Indian Subcontinent

SAP has appointed Manish Prasad as President and Managing Director for SAP Indian Subcontinent. He succeeds Kulmeet Bawa, who takes on a global role to drive the growth and adoption…
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Global outage hits Gmail, YouTube, Facebook, and Instagram users
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Global outage hits Gmail, YouTube, Facebook, and Instagram users

Many users of Gmail, YouTube and social networks Facebook and Instagram faced problems in logging into their accounts in several parts of the world, including India.Users turned to another social…
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HCL Group invests ₹166 cr in edtech Educational Initiatives
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HCL Group invests ₹166 cr in edtech Educational Initiatives

B2B education software firm Educational Initiatives (Ei) has announced that software major HCL Group has invested ₹166 crore to acquire a minority stake.Founded in 2001, Ei provides schools with research-backed…
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Government persistently making efforts to check cyber frauds under secure India project: Vaishnaw
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Government persistently making efforts to check cyber frauds under secure India project: Vaishnaw

The government has been persistently making efforts to check cyber frauds under the secure India project, at three levels- National, Organisational and Individual, said Ashwini Vaishnaw, Minister of Communications, Railway,…
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Why start-ups and businesses should opt for co-working spaces
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Why start-ups and businesses should opt for co-working spaces

In bustling city centres, co-working spaces are transforming the landscape of work. These hubs transcend mere offices, evolving into hotbeds of innovation where individuals from diverse backgrounds converge to shape…
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Tech industry to push back against the new AI rule requiring govt approvals
Posted inTechnology

Tech industry to push back against the new AI rule requiring govt approvals

The Minister of Electronics and IT’s diktat that makes it mandatory for tech companies working on artificial intelligence products to seek government nod before launching their products in India has…
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India to be on high-stake global stage of chip makers in 5 years: IT Minister Vaishnaw
Posted inTechnology

India to be on high-stake global stage of chip makers in 5 years: IT Minister Vaishnaw

India will join the high-stake global stage of semiconductor manufacturing in the next five years as it combines design capabilities with $10 billion of incentives to draw manufacturers to set…
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Google reinstates popular Indian apps in Play Store, government says delisting cannot be permitted
Posted inTechnology

Google reinstates popular Indian apps in Play Store, government says delisting cannot be permitted

Amidst the Indian government taking exception to Google’s move to delist nearly ten Indian Apps from its Play Store, the tech giant on Saturday reinstated several of them. This was…
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JobsForHer Foundation with KDEM launches HerShakti, program for women in tech
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JobsForHer Foundation with KDEM launches HerShakti, program for women in tech

The JobsForHer Foundation, in collaboration with the Karnataka Digital Economic Mission (KDEM), under its W@W -Women at Work initiative, Infosys Springboard, UiPath, Broadridge and other partners, announced the launch of…
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Billing issue: Google delists apps of 10 Indian firms from Play Store 
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Billing issue: Google delists apps of 10 Indian firms from Play Store 

Google has commenced taking down from the Play Store the apps of the ten Indian companies, including prominent matrimony and dating apps in the country, that remained non-compliant with the…
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FanCode becomes exclusive India broadcasting partner for Formula 1
Posted inTechnology

FanCode becomes exclusive India broadcasting partner for Formula 1

FanCode has signed an agreement with Formula 1 to become its exclusive broadcast partner in India for the 2024 and 2025 seasons. The longest-ever F1 season, consisting of 24 races,…
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‘India one of the fastest growing markets for Oracle’s SaaS business’
Posted inTechnology

‘India one of the fastest growing markets for Oracle’s SaaS business’

India is one of the fastest growing markets for Oracle’s Software as a Service(SaaS) business, as businesses across verticals are diving deeper in their transformation journeys, resulting in increased adoption…
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CtrlS announces ₹4,000-crore investment to build hyperscale datacentre park in Chennai
Posted inTechnology

CtrlS announces ₹4,000-crore investment to build hyperscale datacentre park in Chennai

CtrlS Datacentres, a homegrown datacentre firm with a network of 15 datacentres in India and abroad, has announced an investment of ₹4,000 crore to set up a hyperscale datacentre complex…
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Back with a bang! MWC 2024 roundup
Posted inTechnology

Back with a bang! MWC 2024 roundup

The post-pandemic years had been seeing a bit of a lull at the Mobile World Congress (MWC) expo. But, not anymore! This year, with an estimated 90,000 attendees and brands…
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Juice jacking: RBI issues warning against charging mobile phones using public ports
Posted inTechnology

Juice jacking: RBI issues warning against charging mobile phones using public ports

The Reserve Bank of India (RBI) has issued a cautionary message to mobile phone users advising them against charging their devices using public ports. The warning comes amidst growing concerns…
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Zee board appoints independent panel to investigate allegations against company
Posted inTechnology

Zee board appoints independent panel to investigate allegations against company

The Board of Directors of ZEE Entertainment Enterprises Ltd. (ZEEL) has appointed an Independent Advisory Committee to review the allegations levelled by market regulator SEBI and other parties against the…
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Digital competition law panel nears finish line
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Digital competition law panel nears finish line

The Ministry of Corporate Affairs-appointed 16-member inter-ministerial Committee on Digital Competition Law (CDCL) has firmed up its recommendations, and the report is near completion, sources in the ministry said on…
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Racial and other biases will not be tolerated: Ashwini Vaishnaw on Gemini AI issue
Posted inTechnology

Racial and other biases will not be tolerated: Ashwini Vaishnaw on Gemini AI issue

The government on Monday warned tech giant Google to train artificial intelligence (AI) against reflecting racial comments and biases. “First, make sure that its (Google) models are trained. Racial and…
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Byju’s investors pass resolution to oust CEO Raveendran, kin 
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Byju’s investors pass resolution to oust CEO Raveendran, kin 

In yet another setback for Byju’s, a select group of investors of Think & Learn (T&L), the parent company of Byju’s, voted on and passed several resolutions, including the removal…
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Telecom players should provide caller ID to subscribers upon request: TRAI
Posted inTechnology

Telecom players should provide caller ID to subscribers upon request: TRAI

The Telecom Regulatory Authority of India (TRAI) on Friday released recommendations on ‘Introduction of Calling Name Presentation (CNAP) Service in Indian Telecommunication Network’, which means the name identity information provided…
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Google clarifies Gemini AI not reliable on political topics after AI’s ‘biased’ reply on Modi
Posted inTechnology

Google clarifies Gemini AI not reliable on political topics after AI’s ‘biased’ reply on Modi

Tech giant Google on Saturday said that it has worked ‘quickly’ to address the issue of the Gemini AI tool, which earned the ire of the Indian government for its…
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State-sponsored hacktivism on the rise in the backdrop of geopolitical conflicts: Report
Posted inTechnology

State-sponsored hacktivism on the rise in the backdrop of geopolitical conflicts: Report

The recent geopolitical flashpoints across the world have resulted in a sharp increase in hacktivism, a form of cyber attack or campaign launched by hacker-activists. State actors too join the…
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Sebi using AI for investigations, says official
Posted inTechnology

Sebi using AI for investigations, says official

Sebi is using Artificial Intelligence (AI) for investigations, its Whole Time Member Kamlesh Chandra Varshney said on Saturday and emphasised that entities should keep track of technological developments. Against the…
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Google’s Gemini AI tool gets into a spot over “biased” response
Posted inTechnology

Google’s Gemini AI tool gets into a spot over “biased” response

Google’s AI tool Gemini has earned the ire of the Indian government for its allegedly “biased” response to a question about Prime Minister Narendra Modi, triggering a debate on the…
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Australia to be Innovation Partner Country at TN’s Umagine 2024
Posted inTechnology

Australia to be Innovation Partner Country at TN’s Umagine 2024

Australia will be an Innovation Partner Country for Umagine 2024, hosted by the Tamil Nadu government’s Information Technology and Digital Services Department, to be held in the city on February…
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One Point One Solutions buys majority stake in ITCube Solutions 
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One Point One Solutions buys majority stake in ITCube Solutions 

One Point One Solutions, a leading Business Process Management company, has acquired a majority stake in ITCube Solutions an IT and BPM/KPO services company, for an undisclosed amount.The acquisition will…
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ASIP ties up with Korean firm APACT to set up OSAT
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ASIP ties up with Korean firm APACT to set up OSAT

Advanced System in Package Technologies (ASIP) and Korean firm APACT Limited set up a joint venture project to set up a semiconductor assembling and testing facility at the Electronics Manufacturing…
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In the slow lane: Kobo Clara 2E review
Posted inTechnology

In the slow lane: Kobo Clara 2E review

If you read my last e-reader review, you’d know I’m loathe to change my reading device. I love the distraction-free experience that an e-reader provides. It works perfectly for Finding…
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SEBI finds ₹2,000-crore accounting issue at Zee: report
Posted inTechnology

SEBI finds ₹2,000-crore accounting issue at Zee: report

India’s market regulator has found a hole of more than $240 million in the accounts of Zee Entertainment Enterprises Ltd., dealing another blow to the embattled media firm less than…
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Adobe launches AI assistant for Reader and Acrobat
Posted inTechnology

Adobe launches AI assistant for Reader and Acrobat

Adobe has launched an AI Assistant in beta, a new generative AI-powered conversational engine in Reader and Acrobat. The AI Assistant instantly generates summaries and insights from long documents, answers…
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“Domestic IT growth exceeded export growth for the first time in 2023” – Chairman, Cognizant India
Posted inTechnology

“Domestic IT growth exceeded export growth for the first time in 2023” – Chairman, Cognizant India

Even as India’s tech industry witnessed slower growth due to macro headwinds, the domestic IT growth, in 2023, for the first time, exceeded the export growth, said Rajesh Nambiar, Chairman…
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GenAI to boost Indian financial services and potentially add $80 billion to GVA by 2030: Report
Posted inTechnology

GenAI to boost Indian financial services and potentially add $80 billion to GVA by 2030: Report

Generative AI’s impact on the gross value added (GVA) within the financial services sector is most significant, ranging from 22 to 26 per cent. Consequently, GenAI could contribute a potential…
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AI sales execution platform Kanlet raises $400,000 in pre-seed funding
Posted inTechnology

AI sales execution platform Kanlet raises $400,000 in pre-seed funding

Kanlet, an AI-driven sales execution platform, has raised $400,000 in pre-seed funding led by Suvan Ventures and a few angel investors. The capital will be used in product development, sales…
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GajShield Infotech launches AI-based threat detection solution
Posted inTechnology

GajShield Infotech launches AI-based threat detection solution

Cybersecurity solutions company GajShield Infotech has launched an artificial intelligence-based cyber threat detection and analysis platform.“Traditional rule-based systems struggle to keep up with these evolving threats, making AI-based detection systems…
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OpenAI unveils Sora: Text-to-video AI system
Posted inTechnology

OpenAI unveils Sora: Text-to-video AI system

OpenAI teased a new artificial intelligence system that can create realistic-looking videos based on text prompts from users, making it the latest AI company to embrace generative video technology. The AI…
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AI solution that fetches answers for students’ queries in their mother tongue
Posted inTechnology

AI solution that fetches answers for students’ queries in their mother tongue

Students studying in their mother tongue in the hinterland don’t get the same kind of access to digital resources that their peers in urban areas get to get their doubts…
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Cognizant incurs $229 million in 2023 towards NextGen programme
Posted inTechnology

Cognizant incurs $229 million in 2023 towards NextGen programme

In 2023, Cognizant incurred $115 million in employee separation costs and $114 million in facility exit and other costs totalling $229 million, or 1.2 per cent as a percentage of…
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Indian tech sector revenue growth to plummet to 3.8% from 8.4%; sSees $253.9-B revenue for fiscal year 2024
Posted inTechnology

Indian tech sector revenue growth to plummet to 3.8% from 8.4%; sSees $253.9-B revenue for fiscal year 2024

The technology industry’s revenue is expected to hit $253.9 billion in fiscal year 2024, growing at a rate of 3.8 per cent, slower than the previous years’ rate of 8.4…
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 Magellanic Cloud Q3 PAT up by 30%
Posted inTechnology

 Magellanic Cloud Q3 PAT up by 30%

 Magellanic Cloud (MCloud) has registered a net profit of ₹22.56 crore in the third quarter ended December 31, 2023, as against ₹17.35 crore in the same quarter last year, showing…
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59% of Indian enterprises have actively deployed AI: Report
Posted inTechnology

59% of Indian enterprises have actively deployed AI: Report

At lease 59 per cent of enterprise-scale organisations surveyed in India actively use AI in their businesses, according to a report released by IBM. The ‘IBM Global AI Adoption Index…
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NIT Calicut ties up with Dell Technologies for academic improvement 
Posted inTechnology

NIT Calicut ties up with Dell Technologies for academic improvement 

National Institute of Technology Calicut is all set to infuse industry perspectives into the academic curriculum by partnering with Dell Technologies. The move is to amalgamate industry perspective with academic…
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Karnataka BJP MLA accuses Infosys of failing to create, promised jobs in Hubballi
Posted inTechnology

Karnataka BJP MLA accuses Infosys of failing to create, promised jobs in Hubballi

Bangalore-based IT major Infosys faced criticism from BJP MLA Arvind Bellad in the Karnataka assembly who accused it of not generating any employment at its Hubballi campus despite taking 58…
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Nordic Capital acquires majority stake in SaaS Core solutions provider Zafin
Posted inTechnology

Nordic Capital acquires majority stake in SaaS Core solutions provider Zafin

Nordic Capital has acquired a majority share in Zafin, a leading provider of SaaS core modernisation and transformation solutions for financial institutions around the world. Headquartered in Vancouver, Canada, Zafin…
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16th century Qutub Shahi tombs get a digital twin
Posted inTechnology

16th century Qutub Shahi tombs get a digital twin

The historic Qutub Shahi tombs in Hyderabad now has a digital twin. Hexagon, a reality technology solutions company, has used drone scanners to capture over 10.7 billion data points, representing…
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Veriday launches Indian operations centre 
Posted inTechnology

Veriday launches Indian operations centre 

Consulting, and application development enterprise, Veriday, announced the expansion of global footprint with the launch of operations in India. The opening of this new location in Kochi marks a critical…
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Burnout among cybersecurity professionals threaten to weaken security shield
Posted inTechnology

Burnout among cybersecurity professionals threaten to weaken security shield

It is not just the gullible consumers that are at great risk as the number of cyber-attacks increases. Cybersecurity professionals and other IT executives who are involved in protecting the…
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Lenovo looking to manufacture servers in India as ISG business grows
Posted inTechnology

Lenovo looking to manufacture servers in India as ISG business grows

Technology major Lenovo is looking to start manufacturing servers in India as the region provides market opportunities. This is in tandem with the growth of its data center solutions business,…
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Attentive Inc, an AI-based SaaS start-up, raises $7 million in Series A round
Posted inTechnology

Attentive Inc, an AI-based SaaS start-up, raises $7 million in Series A round

Attentive Inc, an AI-based SaaS start-up, has raised $7 million in Series A funding round led by Vertex Ventures Southeast Asia and India. Existing investors Peak XV Partners and InfoEdge…
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India’s developer community on GitHub poised to surpass US by 2027: Microsoft CEO
Posted inTechnology

India’s developer community on GitHub poised to surpass US by 2027: Microsoft CEO

India’s developer community plays a pivotal role in building cutting-edge products and solutions that solve challenges for the nation and can be deployed around the world. With 13.2 million Indian…
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Intel has no plans to build semiconductor fab; is bullish on AI: Intel India MD
Posted inTechnology

Intel has no plans to build semiconductor fab; is bullish on AI: Intel India MD

Computer chip maker Intel, has no plans to set up a semiconductor plant or any type of manufacturing unit in the country at present, said the company's India business head,…
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India one of the fastest growing markets for Alexa devices : Parag Gupta, Amazon Devices India head
Posted inTechnology

India one of the fastest growing markets for Alexa devices : Parag Gupta, Amazon Devices India head

India is one of the fastest growing markets for Alexa devices, said Parag Gupta, Director and Country Manager, Amazon Devices India. Speaking to businessline on the sixth anniversary of launching…
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Google App Billing Battle: Start-ups teeter on brink of Play Store delisting
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Google App Billing Battle: Start-ups teeter on brink of Play Store delisting

The Supreme Court on Friday denied any interim protection to digital startups that had challenged Google’s app billing policy. The startups now face an imminent delisting of their apps from…
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Ramco Systems reports reduced net loss in Q3
Posted inTechnology

Ramco Systems reports reduced net loss in Q3

Ramco Systems Ltd, the Chennai-based software company, has reported a reduced net loss of ₹1.82 crore for the third quarter ended December 31, 2023, as against a net loss of…
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Kyndryl expands partnership with Google Cloud to deliver Generative AI solutions
Posted inTechnology

Kyndryl expands partnership with Google Cloud to deliver Generative AI solutions

Kyndryl, an IT infrastructure services provider, announced an expanded partnership with Google Cloud to develop responsible generative AI solutions and accelerate adoption among customers.Kyndryl and Google Cloud have been working…
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Ciklum expands global presence, acquires Infogen
Posted inTechnology

Ciklum expands global presence, acquires Infogen

Ciklum, a global experience engineering firm, has announced its acquisition of Infogen, a digital engineering services company, headquartered in the United States with India headquarters in Pune. Also read: Lenovo looking…
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Vodafone Idea opposes Jio’s proposal for sunset date for 2G networks
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Vodafone Idea opposes Jio’s proposal for sunset date for 2G networks

Vodafone Idea has countered Reliance Jio’s request to the telecommunications regulator for a sunset date or timeline for shutting down 2G networks. Reliance Jio, which entered into the telecommunications with…
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Freshworks reports reduced net loss in Q4
Posted inTechnology

Freshworks reports reduced net loss in Q4

Freshworks, the Chennai/US-based software company, has brought down its loss to $28 million for the fourth quarter ended December 2024 as against a net loss of $55 million in the…
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Pratik Pal steps down as CEO of Tata Digital
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Pratik Pal steps down as CEO of Tata Digital

The first Chief Executive Officer of Tata Digital, Pratik Pal, stepped down on Tuesday. Naveen Tahilyani replaced Pal as Chief Executive Officer and Manging Director of the company. Pal spearheaded…
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Samsung leads smartphone market with 18% share in 2023: CMR
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Samsung leads smartphone market with 18% share in 2023: CMR

Korean mobile devices maker Samsung led the Indian smartphone market with an 18 per cent share in 2023, market research firm CyberMedia Research said in a report on Monday. In…
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Birlasoft launches generative AI platform Cogito
Posted inTechnology

Birlasoft launches generative AI platform Cogito

Birlasoft Ltd has introduced a comprehensive Generative AI platform Cogito. Birlasoft is part of the $2.9 billion CK Birla Group, which has over 35,000 employees and 49 manufacturing facilities globally.…
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IBS Software opens its second fully-owned campus at Infopark Kochi 
Posted inTechnology

IBS Software opens its second fully-owned campus at Infopark Kochi 

IBS Software has opened its second fully-owned campus at Infopark Kochi as part of its efforts to provide a range of cutting-edge digital solutions to meet the post-pandemic growth in…
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Start-ups challenge Madras HC ruling in SC over Google’s user choice billing policy
Posted inTechnology

Start-ups challenge Madras HC ruling in SC over Google’s user choice billing policy

Digital start-ups and app developers have moved the Supreme Court challenging the Madras HC Ruling on Google’s new user choice billing (UCB) policy, which imposed a ‘Lagaan’ type service fee…
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Pillsbee secures ₹1.53 crore investment from Kerala Angel Network 
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Pillsbee secures ₹1.53 crore investment from Kerala Angel Network 

Kerala Angel Network (KAN) has announced a substantial investment of ₹1.53 crore in Pillsbee, an innovative software service start-up headquartered in Kozhikode.Pillsbee, an AI-driven B2B pharmaceutical platform, is set to…
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How Satya Nadella transformed Microsoft in 10 years
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How Satya Nadella transformed Microsoft in 10 years

On February 4, ten years ago, Satya Nadella took charge as the Chief Executive Officer (CEO) of Microsoft. The company was at cross roads. It lost its rhythm over the…
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Technology can ease access to legal services as it did with payments: Infosys’ Nandan Nilekani
Posted inTechnology

Technology can ease access to legal services as it did with payments: Infosys’ Nandan Nilekani

Access to legal services could be made as simple as access to payments using technology, said Nandan Nilekani, Chairman and Co-Founder, Infosys, and Founding Chairman of UIDAI (Aadhaar).Also read: Infosys…
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Sonata Software says Q3 loss linked to additional payouts for acquired company
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Sonata Software says Q3 loss linked to additional payouts for acquired company

Mid-tier IT firm Sonata Software, which reported a loss of ₹46.2 crore in the third quarter, said the dip was due to additional payouts made to its acquired company Quant.…
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Apple reports another record quarter in India driven by iPhone sales
Posted inTechnology

Apple reports another record quarter in India driven by iPhone sales

Apple has reported another quarter with record revenues from India, driven by higher iPhone sales. “India grew in revenue terms, reporting strong double digits in the December quarter, and hit…
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Budget 2024: ₹1 trillion innovation corpus to help finance research in technology
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Budget 2024: ₹1 trillion innovation corpus to help finance research in technology

At a time when tech start-ups are struggling to get funding from private equity and venture capital firms, Union Finance Minister Nirmala Sitharaman announced on Thursday ₹1 trillion corpus to…
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Manipal Institute of Tech, DLabs ink pact for grassroots innovation
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Manipal Institute of Tech, DLabs ink pact for grassroots innovation

Manipal Institute of Technology (MIT), which is part of Manipal Academy of Higher Education (MAHE), and DLabs Incubator Association at the Indian School of Business in Hyderabad have signed a…
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Infosys collaborates with Musgrave to drive IT transformation
Posted inTechnology

Infosys collaborates with Musgrave to drive IT transformation

Infosys announced that it has signed a seven-year strategic collaboration with Musgrave, Ireland’s leading food retail, wholesale and foodservice company. As part of this collaboration, Infosys will help automate Musgrave’s…
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