Fintech Investments Drop to $29 Million in April 24: The Digital Fifth report
DBT Bureau Pune, 25 May The fintech space in India attracted only $29 million of investments in the month of...
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VC funds doubling investments in AI space with GenAI leading the show
DBT Bureau Bengaluru, 24 May Venture capital (VC) and private equity (PE) firms are doubling down on artificial intelligence (AI)...
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Nvidia chips to see increased demand due to AI-Generated videos: CEO Jensen Huang
Anindita Nayak Bhubaneswar, May 24 AI-generated videos are likely to boost demand for chips, supplementing the growth of chip giant...
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HDFC Bank collaborates with Pravega Ventures; selects two startups under Co-Lab initiative to drive innovation in fintech sector
DBT Bureau Pune, 22 May 2024 HDFC Bank in collaboration with Pravega Ventures, a venture capital firm, announced the selection...
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Paytm writes off Rs 227 crore in Payments Bank in Q4 post RBI restrictions
DBT Bureau Bengaluru, 22 May Fintech firm One97 Communications, which owns the Paytm brand, has written off Rs 227.1 crore...
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What does it mean for Cognizant after Nomura’s stake buy!
Debasis Mohapatra Bengaluru, 22 May Speculation of activist investors taking position in Nasdaq-listed IT major Cognizant has surfaced after Japanese...
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AI-powered healthcare revenue solution provider, Infinx secures $150 million investment from KKR
Anindita Nayak Bhubaneswar, May 21 Global private equity firm, KKR said it has acquired a "significant minority stake" in Infinx...
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Market Report: Nasdaq, Nifty IT index log weekly gains
DBT Bureau Bengaluru, 19 May Nifty IT, the index which measures the movement of major IT services and technology firms...
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Infosys and First Abu Dhabi Bank Collaborates to Optimize and Modernize its IT Infrastructure Services
DBT Bureau Pune,19 May 2024 Infosys announced a multi-year strategic collaboration with First Abu Dhabi Bank , the largest bank...
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Infibeam Avenues posts 28% rise in net profit at Rs 49.2 cr in Q4 of FY24
DBT Bureau Pune,18 May 2024 Fintech company Infibeam Avenues has posted a net profit of Rs 49.2 crore in the...
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TVS SCS and Manchester Metropolitan collaborated to lead AI innovation
DBT Bureau Pune , 17th May 2024 TVS Supply Chain Solutions Limited announced that its wholly owned subsidiary, TVS SCS...
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Indian IT firms chase inorganic growth through acquisition route
-Around 10 M&A deals have been announced since last year with Infosys, HCL Tech, Coforge, Happiest Minds, ITC Infotech taking...
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PhonePe and LankaPay collaborated to promote UPI payment acceptance in Sri Lanka
DBT Bureau Pune, 15 May 2024 PhonePe, today announced that it has enabled UPI payment acceptance in collaboration with LankaPay...
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In Shorts: Cognizant warns employees of layoff for not complying with return-to-office norm, says Report
DBT Bureau Bengaluru, 14 May Nasdaq-listed IT major Cognizant has warned its employees that they could lose their jobs if...
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Will growth of Indian IT industry recover this year!
By Anindita Nayak Bhubaneswar, 13 May: Indian IT sector’s outlook for the current financial year seems conservative as compared to...
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Wipro nearing settlement with former top executives, Jatin Dalal and Mohd Haque, says Report
By Anindita Nayak Bhubaneswar, 13 May: IT giant Wipro is likely to conclude settlement agreements with its former Chief Financial...
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In FY2024 Bajaj Allianz Life shows profitable and sustainable growth
DBT Bureau Pune 13 May 2024 India's leading private life insurers Bajaj Allianz Life Insurance, continues to demonstrate robust performance...
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Bitcoin on consolidation mode as price hovers above $60,000
DBT Bureau Bengaluru, 5 May The price of bitcoin is consolidating above $60,000 after the US Federal Reserve’s decision to...
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