Most organisations are limiting the use of Generative AI (GenAI) over data privacy and security issues. 27 per cent had banned its use, at least temporarily, according to the Cisco…
Wizr AI, a Generative AI platform, has secured $500,000 in angel funding to take its customer support and success solutions forward. The company operates out of Bengaluru and Infopark, Kochi.…
Mark Zuckerberg-backed Meta has urged the TRAI to set up regulatory sandboxes to deal with issues arising out of tech developments related to Metaverse and Artificial Intelligence. “To the extent…
The US is aiming to announce major chip grants by the end of March, people familiar with the plans said, paving the way to send billions of dollars to semiconductor…
Tesla Inc. Chief Executive Officer Elon Musk said he plans to buy chips from Advanced Micro Devices Inc. as part of a spending spree on computing hardware to handle artificial…
Tesla Inc. Chief Executive Officer Elon Musk said he plans to buy chips from Advanced Micro Devices Inc. as part of a spending spree on computing hardware to handle artificial…
CoinDCX, Solana Foundation, and Superteam jointly have announced a ₹25 crore grant programme for Indian Web3 developers. Also read: Web3 platform zbyte raises $5 m for blockchain innovation This initiative…
Telecom major Reliance Jio and Chinese smartphone company OnePlus have joined hands to set up a 5G innovation lab in India. Also read: Mobile tariffs for 5G users set to…
NEW YORK Microsoft’s stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world’s second most valuable company, just behind Apple.…
Aimed at transforming the State as the hub of deep-tech start-ups, Kerala Startup Mission (KSUM) has proposed to set up an emerging technology hub at Technocity. A move in this…
Zee Entertainment Enterprises Ltd (ZEEL) has moved the National Company Law Tribunal (NCLT) and Singapore International Arbitration Centre (SIAC) against Sony Pictures Network India’s termination of the merger deal. The…
Experts predict that the results of mid-cap IT firm Tech Mahindra will be modest for the third quarter of FY24. TechM may report a sequential decline in overall revenue and…
The Ministry of Electronics and Information Technology (MEiTY) is working on the successor to the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) programme, said the Ministry’s…
TiE Global, an international network of entrepreneurs, has appointed Singapore-based Amit Gupta as the Chairman of the Board of Trustees and Murali Bukkapatnam from Hyderabad as the Vice Chairman of…
Reveal, a US-based eDiscovery platform that helps firms review and cull out relevant data, has opened its maiden office in India. The inauguration of the centre is part of the…
On the eve of the January 20 deadline for the merger, Zee Entertainment Enterprises is discussing another deadline extension with Sony. In a news clarification filed to the exchanges on…
Ahead of the Ram Temple consecration ceremony in Ayodhya, the Information & Broadcasting Ministry has asked newspapers, television channels and digital news publishers to refrain from publishing or telecasting any…
iSprout, a managed office space provider with 1.3 million sq ft of space under management, is planning to expand its operations to New Delhi, Mumbai, Kolkata and Ahmedabad this calendar…
In a major setback for homegrown startups, a Madras High Court division bench has dismissed the appeals they preferred against tech giant Google’s new ‘User Choice Billing’ Policy. The Bench…
The net profit of Reliance Jio rose 12.2 per cent to ₹5,208 crore in the December quarter of 2023, from ₹4,638 crore reported in the same period last year. Revenue…
A two-year extension for implementation of the Digital Personal Data Protection Act, 2023(DPDPA) is required for compliance, suggests a report by think tank Esya Centre. The report titled, “An Empirical…
In 2024, the Enterprise IT Services sector is strategically positioned for a potential cyclical recovery, marked by a notable 20 per centdecrease in valuation from recent peaks. In contrast to…
The London Stock Exchange Group (LSEG) has inaugurated its Technology Centre of Excellence in Hyderabad as part of its global expatnsion efforts. LSEG’s new centre currently houses 300 professionals in…
Cognizant Technology Solutions has announced that Nella Domenici resigned from the Board of Directors of the company with immediate effect to pursue an outside opportunity. Domenici did not resign on…
S24 series will use in-built Gemini Nano and access to Gemini Pro and Imagen 2 text-to-image tech through the cloud. January 17 Samsung will deploy Google’s generative artificial intelligence technology…
Catalyst Clinical Research, the US-based MNC has started its office in Kochi with Kerala Industry Minister P Rajeev inaugurating the state-of-the-art facility at Infopark. The data analyst firm has plans…
ONDC-enabled ride-hailing app Namma Yatri launched its services in Delhi with the aim to onboard 50,000 auto drivers over the next three months. The open and community-driven ride-booking app, which…
IT services company HCL Technologies (HCLTech) has teamed up with SAP to drive innovation and accelerate the adoption of Generative AI, according to a release. With this collaboration, HCLTech will…
The exports of computer software and services, including IT enabled services and BPO, logged 12.2 per cent growth during 2022-23 to touch $193 billion, according to estimates by Electronics and…
Shares of HCL Technologies climbed over five per cent in the morning trade on Monday after the company reported a 6.2 per cent increase in consolidated net profit to ₹4,350…
Mega global IT deals saw strong recovery in 2023. There were more deals with annual contract value (ACV) of $100 million in 2023 than there have been since 2014. Deals…
HCL Technologies (HCL Tech) reported a consolidated net profit of ₹4,351 crore in the third quarter ending December 31, a year-on-year (y-o-y) growth of 6.22 per cent, when compared to…
NEC Corporation India (NEC India) along with NEC Corporation has successfully completed the optical submarine cable system in southern India connecting Kochi and Lakshadweep Islands. The Kochi-Lakshadweep Islands Submarine Cable…
With global debate going against fossil fuel and debate in favour of eco-friendly energy alternatives gaining ground, hackers seem to have turned their attention to energy services and made environmental…
IT major Wipro reported a 12 per cent year-on-year (y-o-y) profit decline in Q3 at ₹2,694 crore, amid continued weak demand environment. On a quarter-on-quarter (q-o-q) basis, profits were up…
India’s third largest information technology firm HCL Technologies, is expected to deliver better third quarter (Q3) results compared to its peers. The growth is expected to be slightly better due…
Cognizant & Oxford Economics impact study predicts 90 per cent of jobs will be disrupted in some way by Generative AI. A study by Cognizant, in partnership with Oxford Economics,…
The stock price of Infosys declined 1.44 per cent or ₹21.95 to trade at ₹1,497.70 at 10 am on BSE. The IT major was the major laggard within the 30-stock…
Tata Consultancy Services Ltd (TCS) is expected to announce muted numbers for the December quarter on Thursday. Analysts are expecting the slow growth to continue, given higher furloughs in the…
Data Cloud company Snowflake has announced the appointment of Vijayant Rai as the new Managing Director, responsible for driving the business growth and Go-To-Market strategy for Snowflake in India. He…
India remains the third-largest tech start-up ecosystem globally, with over 950 tech start-ups founded in 2023, contributing to a total of more than 31,000 tech start-ups in the last 10…
Global engineering research and development (ER&D) is set to grow by a compound annual growth rate (CAGR) of 8–9 per cent from 2023 to 2030, largely backed by growing ER&D…
The IT industry is expected to record subdued growth in Q3 due to the persisting macroeconomic challenges, resulting in sustained low spending patterns, along with seasonal weakness. Despite this, there’s…
Despite experiencing an overall decline in hiring during the course of 2023, projections show an 8.3 per cent expansion in hiring for the year 2024, according to the foundit Insights…
Despite the launch of Reliance’s 5G broadband service, Reliance Air Fibre in September – data from the Telecom Regulatory Authority of India reports that subscription rates for fixed wireless broadband…
With significant revenue coming from the Middle East, Shipsy, the 3PL management firm from India, is strengthening its role in Dubai to develop products that suit today’s SaaS-based logistics solutions…
The Bengaluru City Civil Court has referred IT major Wipro’s lawsuit against its former Chief Financial Officer (CFO) to arbitration, thus ruling that Dalal’s counter petition can be admitted. Arbitration…
Vodafone Idea’s Chief Regulatory Officer P Balaji has resigned effective from January 10, 2024. The company informed the exchanges about this key personnel change on Wednesday morning. Also read: Vodafone…
PhonePe-owned app platform Indus Appstore co-founder Rakesh Deshmukh has stepped down as its CEO after a decade-long stint. This move comes as Indus Appstore gears up to launch its Android…
Bharti Airtel Services, a wholly-owned subsidiary of Bharti Airtel, has entered into an agreement for the acquisition of 49.45 lakh shares or 97.1 per cent stake in Beetel Teletech, another…
Keen to take advantage of the rapid shift towards digital transformation in the procurement processes of the B2B industry across various industrial segments, the Noida-based e-commerce platform Moglix is pinning…
In 2023, the Indian IT industry has shifted from its previous high-speed growth marked by double-digit figures. It’s currently dealing with challenges from the broader economy and the possibility of…
After telecom operators, DTH firms are now demanding to bring OTT players under regulatory framework of the proposed Broadcasting Bill. DTH operators, including Airtel and Tata Play have written to…
From politics to films and even war, the year 2023 has demonstrated that not everything one sees or hears on the internet may be real. Also read: Govt to hold…
2023 marked the rising influence of content creators beyond reels and brand testimonials. Many popular social-media influencers and creators have begun featuring in movies besides OTT shows with some even…
Union Minister Rajeev Chandrasekhar on Thursday refuted a report by a US daily, which claimed Indian authorities had demanded that technology major Apple help in softening the political impact of…
The Indian cybersecurity market is expected to account for five per cent of the global market by 2028, said a report on Friday, adding that the market in India reached…
The New York Times is striking back against the threat that artificial intelligence poses to the news industry, filing a federal lawsuit Wednesday against OpenAI and Microsoft seeking to end…
Ride-hailing company Uber has said the aggregate trips on its network has covered a record 6.8 billion kilometres in 2023, which roughly equal to covering the the entire 6.37-million km…
Taiwanese electronics manufacturing services major Foxconn has infused $55.29 million (about ₹461 crore) in Bengaluru-based Foxconn Precision Engineering Private Limited, according to a regulatory filing. The company has made the…
Kicking off the process to implement the poll guarantees, the Congress government in Telangana is launching an eight-day campaign across the State to identify beneficieries. Of the ‘six guarantees’ that…
At least 60 per cent of the businesses reported having either matured Responsible AI (RAI) practices and policies or having initiated formal steps towards RAI adoption, according to a Nasscom…
New Delhi The government on Tuesday issued a fresh advisory to all intermediaries including Meta (Facebook, Instagram) and Google (Youtube), to ensure compliance with the existing IT Rules amid growing…
Microsoft’s plan to end support for Windows 10 operating system could result in about 240 million personal computers (PCs) being disposed, potentially adding to landfill waste, Canalys Research said. The…
Chipset maker Qualcomm plans to expand and strengthen its partner ecosystem in India, in a bid to foster rapid adoption of its Internet of Things (IoT) solutions, said Dev Singh,…
Microsoft on Thursday discontinued the “mixed reality” feature for Windows through which some hardware devices and software could tap into augmented and virtual reality technologies. The company launched the feature…
While the first reactions to the telecom bill tout that there is no coverage of OTT services in the law, a closer reading of the bill reveals that the state…
What is the Telecommunications Bill, 2023, about and why is it needed? The Telecommunications Bill, 2023, is aimed at amending and consolidating the law on development, expansion and operation of…
The year-end is when you spend the remainder of your leaves and flaunt your cards to travel and buy things left, right, and centre. Hackers know this well too and…
Bharti Airtel Ltd has announced that Airtel Xstream Play subscribers can now access aha Tamil and Telugu OTT content. Commenting on the collaboration with aha OTT, a joint venture between…
Hyderabad-based CtrlS Datacentres will set up a greenfield datacentre with an investment of ₹250 crore at GIFT City in Gujarat. Gujarat Chief Minister Bhupendra Patel conducted the ground-breaking ceremony of…
The users of microblogging platform ‘X’ and X Pro were not able to access the platform after it suffered a global outage on Thursday, Reuters reported citing the Downdetector.com, an…
Chander Prakash Gurnani, or CP as he is known in IT industry circles, has hung up his boots after a dream run of 42 years, the last 19 of which…
The Lok Sabha on Wednesday passed the Telecommunications Bill, 2023 by a voice vote without any substantive debate as the Opposition benches remained largely empty with as many as 97…
Vodafone-Idea’s (VIL) subscribers base continued to decline for the nine consecutive months this calendar year, losing 7.5 lakh mobile customers during September, bringing down its user tally to 22.75 crore.…
Technology major SAP is bullish on India’s reliance on technological advancement in its run to becoming a prominent global economy. India provides significant growth opportunities and is crucial to develop…
Weeks after the closure of once unicorn fintech player Zestmoney, it’s co-founder Lizzie Chapman is said to have joined Reliance Industries’ subsidiary, Jio Platforms. Highly placed sources say Chapman has…
The Open Network for Digital Commerce (ONDC), which has been steadily witnessing adoption from users and network partners, recently crossed the 2 lakh transactions per day-mark. The network is also…
The latest version of the Telecommunications Bill, 2023, introduced in the Lok Sabha on Monday includes significant changes in the allocation of spectrum for satellite broadband services, wherein spectrum for…
IIMK Live, the incubation centre of IIM Kozhikode and Bharat Petroleum Corporation Limited has tied up to strengthen the growth of startups in the clean energy and deep tech sectors,…
Generative AI (Gen AI) has the potential to add a cumulative US$1.2-1.5 trillion to India’s Gross Domestic Product over the next seven years, according to EY India report. The report…
Infosys handed out salary revision letters to many of its employees on Friday after a delay of several months. This comes after Infosys’ outgoing CFO Nilanjan Roy announced during Q2…
The ₹350-crore Chennai-based Precision Group has forayed into the consumer segment with the launch of its password manager that stores all the passwords in a ‘companion’ device rather than a…
Krutrim SI Designs, the new artificial intelligence (AI) venture of Ola co-founder Bhavish Aggarwal, has unveiled a family of multilingual artificial intelligence (AI) models to cater to the unique requirements…
Chinese tech giant Lenovo has announced enhancements to its hybrid cloud platform. Partnering with tech giant Intel by using their new CPUs, Lenovo aims to deliver the latest technology across…
The stalemate over Punit Goenka’s appointment as the CEO of the proposed Zee-Sony merged entity continues with both sides unwilling to relent. While Goenka has made it clear that the…
Apple Inc faces a potentially hefty fine as well as a ban on App Store rules it allegedly used to thwart music-streaming rivals, in the European Union’s latest crackdown on…
Telecom operators have again written to the government requesting for an immediate intervention to ensure that “the allocation of the 6 GHz band for international mobile technologies (IMT) is decided…
Artificial intelligence (AI) regulations cannot be developed solely in one country and have to come at a global level because AI is truly global in nature, Viscount Camrose, Minister for…
DeepTek.ai, a provider of artificial intelligence (AI) solutions for medical imaging, announced the commercial availability of Augmento X-Ray, a CADe Chest X-Ray AI solution powered by US FDA Cleared CXR…
Tejas Networks has acquired the technology for producing Radio Access Network (RAN) – the heart of 5G communications – from the Indian Institute of Technology, Madras, for ₹12 crore. This…
Google lost an antitrust court fight to Fortnite maker Epic Games Inc. that threatens to upend the mobile app economy and could end up costing the technology giant billions of…