Business
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Copilot driving GitHub’s growth, annual revenue run rate at $2 billion: Nadella
San Francisco: Artificial intelligence (AI) assistant Copilot accounted for over 40 per cent of GitHub’s revenue growth this year as the annual revenue run rate of the open-sourced developer platform has reached…
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Average data breach cost in India touches record Rs 19.5 crore
Bengaluru: The average cost of a data breach in India reached an all-time high of Rs 19.5 crore this year, as the local industrial sector experienced the costliest cyber attacks across sectors,…
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India sees 21 pc growth in data centre absorption, demand surges from tier 2, 3 cities
New Delhi: India saw 21 per cent growth in data centre absorption in the first half this year — from 778 megawatts (MW) capacity in H1 2023 to nearly 942 MW in…
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Stock markets open in the green amid mixed global cues
Mumbai: Equity benchmark indices climbed on Wednesday as the markets saw volatile trading amid buying in bank stocks in tandem with mixed global trends. Rallying for the fourth day running, the 30-share…
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Rupee rises 2 paise to 83.71 against US dollar in early trade
New Delhi: The rupee rose 2 paise to 83.71 against the US currency in early trade on Wednesday following a marginal dip in the dollar in overseas markets. At the interbank currency…
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Adani Energy Solutions raises USD 1 bn in share sale, first since Hindenburg
New Delhi: Billionaire Gautam Adani-led group’s power transmission unit has raised USD 1 billion through a share sale, the first public equity raise by the conglomerate since a damning Hindenburg report, which…
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SEBI launches India’s 1st website for passive funds at NSE, unveils report on capital markets
Mumbai: The Securities and Exchange Board of India (SEBI) on Tuesday launched India’s first website for passive funds at the National Stock Exchange (NSE), along with unveiling a comprehensive report on the…
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Allegations by MapMyIndia false, misleading: Ola Electric
New Delhi: Ola Electric on Monday said that allegations made by CE Info Systems Ltd, the parent company of MapMyIndia, in a legal notice against the EV firm are false and misleading.…
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India-made telecom equipment now being exported to more than 100 nations
New Delhi: Designed and manufactured in India, telecom equipment is now being exported to over 100 countries, the Centre has informed. Last year, the country exported telecom equipment and services worth more…
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AI & robotics firms dominate office space absorption in Bengaluru in Q2: Report
Bengaluru: Rapid global advancement in artificial intelligence has spurred demand for office space, and AI and robotics companies accounted for 21 percent of the city’s absorption in the April-June quarter, a report…
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India fastest-growing market, offers huge opportunity for us: Top Samsung executive
New Delhi: Signalling the growing importance of India for the South Korean giant, Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the Device Experience (DX) Division at Samsung Electronics, said on…
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Indian spacetech startups witness record-breaking funding amid govt push
Bengaluru: India’s spacetech sector witnessed record-breaking funding of $126 million in 2023 — a 7 per cent increase from the $118 million raised in 2022 and a whopping 235 per cent increase…
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Took responsible approach to train our AI models: Apple
San Francisco: Tech giant Apple has responded to certain allegations regarding its AI models, saying it takes precautions at every stage — including design, model training, feature development, and quality evaluation —…
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‘Excited for future collaborations’: Adani after meeting FedEx CEO
New Delhi: Gautam Adani, Chairman of the Adani Group, on Monday had an “insightful meeting” with FedEx CEO Rajesh Subramaniam, adding that he is “excited” about future collaborations with the global logistics…
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India is leading global digital revolution: RBI report
Mumbai: India is leading the global digital revolution, emerging as a frontrunner on the back of its robust digital public infrastructure, a vibrant financial technology (FinTech) ecosystem, and a conducive policy environment…
