Business
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Flipkart, IIT Delhi to research on personas to boost personalised suggestions
New Delhi: E-commerce major Flipkart on Tuesday said that it signed a Memorandum of Understanding (MoU) with the Foundation for Innovation and Technology Transfer (FITT), the industry interface organisation of the Indian…
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HCLTech, global chip IP provider CAST to offer customised semiconductors
New Delhi: HCLTech and global semiconductor Intellectual Property (IP) provider CAST on Tuesday announced plans to offer customised chips to enable Original Equipment Manufacturers (OEMs) across industries to accelerate their digital transformation.…
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We now have a chip for generative AI era: Nvidia CEO
New Delhi: As big tech companies aims to lead the generative AI race, Nvidia Founder and CEO Jensen Huang has said that they have created a processor for the GenAI era. Huang…
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Cisco completes $28 billion acquisition of cybersecurity leader Splunk
San Francisco: Networking major Cisco on Monday announced it has completed the acquisition of Splunk, the leader in cybersecurity and observability, for about $28 billion in the generative AI era. The acquisition…
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Rupee declines 5 paise to 82.95 against US dollar on firm crude prices
Mumbai: The rupee declined 5 paise at 82.95 against the US dollar on Tuesday due to firm crude oil prices and foreign fund outflows. At the interbank foreign exchange market, the rupee…
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Tata Steel UK announces closure of coke ovens at Welsh steelworks
London: Tata Steel UK on Monday announced the closure of the coke ovens at its Port Talbot, south Wales, site over what it described as “significantly deteriorating operational stability”. The ovens are…
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French carmaker Citroen joins India’s BluSmart Mobility to deploy 4,000 EV SUVs
Bengaluru: French carmaker Citroen on Monday joined hands with Indian EV company BluSmart Mobility to expand the homegrown firm’s all-electric fleet in the country. The French company and BluSmart Mobility have signed…
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Netflix, Wavve face probe over alleged unfair biz practices
Seoul: South Korea’s antitrust regulator has launched an on-site inspection into over-the-top streaming platforms Netflix and Wavve on suspicion of their failure to properly notify users of terms of an early subscription…
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Narayana Murthy gifts Rs 240 cr Infosys stock to 4-month-old grandson
New Delhi: India has probably seen its youngest millionaire in Ekagrah Rohan Murty – the four-month-old grandson of Infosys founder N.R. Narayana Murthy. According to a regulatory filing, Narayana Murthy has gifted…
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B2B retail platform Jumbotail raises Rs 151 crore to tap mass market consumers
Bengaluru: B2B marketplace and new retail platform Jumbotail on Monday said it has raised Rs 151 crore equity capital led by Artal Asia. Heron Rock, Sabre Investment, Arkam Ventures, Jarvis Reserve Fund,…
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Indian IT services industry to see modest 3-5 pc revenue growth in FY25: ICRA
New Delhi: The revenue growth of the Indian IT services industry is expected to improve mildly from 2 per cent in the nine months of the current fiscal year but remain modest…
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Qualcomm unveils Snapdragon 8s Gen 3 chip for flagship Android phones
New Delhi: Chip-maker Qualcomm on Monday announced Snapdragon 8s Gen 3 Mobile Platform for Android flagship smartphones. The Snapdragon 8s Gen 3 will be adopted by major players including Honor, iQOO, realme,…
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Climate-tech startup BNZ Green raises funds to drive low-carbon economy
New Delhi: Blockchain-based climate-tech startup BNZ Green on Monday said it has secured pre-seed funds worth $100,000 from Climate Detox and others. The funds will be utilised primarily for platform development and…
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Mindsprint appoints Nitesh Mirchandani as Chief Business Officer
New Delhi: Mindsprint, a digital technology and business solutions company, on Monday appointed Nitesh Mirchandani as the company’s Chief Business Officer. A Mumbai University graduate with a Master’s in Management from the…
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Aditya Birla Sun Life AMC launches Gen AI-based search assist tool for investors
New Delhi: Aditya Birla Sun Life AMC Ltd on Monday launched ‘MyMutualFundGPT’ to assist investors’ queries across its digital platforms. The generative AI-based tool goes beyond traditional keyword matching by comprehending the…
