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Global professional services company Accenture announced its Q1FY25 results on Thursday, reporting a 9 per cent revenue increase that exceeded its guided range of 3-6 per cent. Analysts note that while the Indian IT sector experienced a slow recovery in the first half of FY25, clear signs of acceleration are emerging. Revenues for the first [&helli

The Telecom Regulatory Authority of India (TRAI) on Friday recommended that in addition to the already assigned 5 MHz (paired) frequency spectrum in the 700 MHz frequency band, an additional 5 MHz (paired) spectrum of the same band should be assigned to Indian Railways for its safety and security applications along the railway tracks for […]

Bharti Airtel reporting incremental an incremental Adjusted Gross Revenue (AGR) of ₹41 billion over market leader Reliance Jio’s ₹35 billion in Q2FY25, despite the tariff hike churn. While Airtel’s market share went up 19 per cent YoY, Vodafone Idea (Vi) continues its uphill climb as its market share dipped 14.6 per cent, as per an […]

ZETWERK Manufacturing Businesses has raised close to $90 million in 2024 in a funding round led by investors Rakesh Gangwal and Khosla Ventures, valuing the company at $3.1 billion. It also achieved a Gross Merchandise Value (GMV) of ₹17,564 crore or around $2.10 billion for the year ended March 31, 2024. Additionally, UK-based Baillie Gifford [&he

embedUR systems, the US-based embedded technology company with most of its employees working in Chennai, has tied up with the $1 billion US-based Synaptics Inc, a fabless semiconductor company listed on the Nasdaq, to deliver affordable, Artificial Intelligence powered Edge solutions for India’s smart device market. The partnership announced that i

The Telangana government has signed an agreement with ITServe Alliance, a US-based association of IT companies, to promote upskilling and reskilling and generate 30,000 jobs in tier-ii, iii cities in the State. “The MoU would promote the establishment of IT and allied companies in cities like Mahbubnagar, Warangal, Karimnagar, Khammam, Nizamabad, a

The darkweb is getting swarmed with ‘lucrative’ offers for hackers. For one, banking credentials that can give access to accounts of thousands of users are being sold in the darkweb. For $70,000, the keys to an Indian bank’s digital kingdom could be yours. Not just a stray account number or two, but administrator privileges – […]

Infosys has launched a Google Cloud centre of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The centre will serve as a catalyst for co-creation and help businesses harness the power of GenAI for transformative growth. According to the company, Infosys and Google Cloud share a legacy of delivering innovative data analytic

Tired of waiting for the rules for the Digital Personal Data Protect Act, 2023, the Data Security Council of India (DSCI), a data protection body set up by NASSCOM, partnered with IDfy to launch PriView, an AI-powered tool that generates privacy notices for companies. Notices are the consent forms that companies must provide users under […]

Companies in India believe Artificial Intelligence (AI) is essential for business success in 2025, showcasing the highest sentiment globally, according to the Freshworks’ AI Workplace Report. With 79 per cent of companies planning to increase AI budgets and an anticipated 41 per cent average rise in spending from 2024 – the largest globally &

Move over bulky, cumbersome heart monitors; there’s this patch placed on your chest to capture transient abnormal heartbeats, which often disappear, making it challenging for doctors to diagnose the condition. Monitra Healthcare Private Limited, a three-year-old startup, has developed this patch to address this challenge. This sleek, discreet band,

Infosys founder NR Narayana Murthy, on Sunday advocated the use of advanced technologies, including artificial intelligence (AI), in India, stating that technologies essentially reduce the gap between the well-to-do and the not-so-well people as it is a great leveller. “Technology is about reducing cost. It’s about increasing revenues. It’s about i

Foxconn’s facility at Kongara Kalan near Hyderabad is likely to start production of AirPods for the US phone maker Apple beginning later this month or early next month, a source in the industry told businessline. The contract manufacturer has invested over $500 million to build the AirPod production facility in Hyderabad. Apple’s push to manufactur

A 26-year-old Indian-origin former employee of the artificial intelligence giant OpenAI has died by suicide in San Francisco, authorities said. Suchir Balaji was found dead inside his Buchanan Street apartment in San Francisco on November 26, San Francisco police and the Office of the Chief Medical Examiner were quoted as saying by The Mercury News

With robust data centre (DC) demand fuelling expansion into India’s digital infrastructure, investment commitments in the industry are expected to surpass $100 billion by the end of 2027, according to CBRE report. India’s Data Centre (DC) market is witnessing a surge in investment activity, with Maharashtra and Tamil Nadu emerging as th

Telangana, which has set its sights on achieving a $1-trillion economy within the next decade, has said that focusing on emerging sectors such as AI semiconductors and quantum computing would help the State to achieve the target, according to Telangana IT and Industries Minister D Sridhar Babu. Addressing the IAMPHENOM India conference here on Frid