Technology

Anindita Nayak Bhubaneswar, 31 May 31 More than three-fourths of Wipro's public shareholders voted against the $4.33 million (Rs 36.15 crore) cash severance package for former Chief Executive Officer, Thierry...

DBT Bureau Bengaluru, 30 May Indian private space industry achieved a significant milestone when spacetech startup, Agnikul Cosmos successfully launched its first sub-orbital test vehicle powered by the world’s first...

Anindita Nayak Bhubaneswar, 29 May A US lobby group representing tech giants Google, Amazon, and Apple has urged India to reconsider its proposed EU-like competition law. In a letter, the...

Anindita Nayak Bhubaneswar, May 28 Generative AI is considered a breakthrough in the technology world. The novel technology has the ability to digitally transform several sectors. Therefore, it becomes essential...

Anindita Nayak Bhubaneswar, May 27 Elon Musk, the tech mogul, disclosed plans to construct a substantial supercomputer dubbed as "gigafactory of compute" to support his AI venture, xAI, The Information...

Anindita Nayak Bhubaneswar, May 27 Mitter Infotech LLP, the promoter entity of the publicly listed gaming and media company Nazara Technologies, sold 48 lakh equity shares, amounting to a 6.38%...

Debasis Mohapatra Bengaluru, 27 May Indian IT services companies are increasingly rebadging employees of clients and acquired firms as they aggressively chase revenue growth amid slowing demand. Rebadging is the...

DBT Bureau Bengaluru, 26 May Nifty IT, the index which measures the movement of major IT services and technology firms in India, posted 1.33% rise to close the trading week...

DBT BureauPune, 26 May 2024 The Institute of Chartered Accountants of India (ICAI) hosted a curtain-raiser press conference in Bangalore for the upcoming Startup Sphere 2024 event, scheduled from June...

Indian IT industry is going through a slowdown after the record demand surge seen during the pandemic. This phenomenon is prompting technology firms of all sizes to pursue cost optimisation...

DBT Bureau Bengaluru, 25 May ITC Infotech, the flagship IT services company of ITC Group, posted sound revenue growth in the last financial year. As per the investor presentation of...

DBT Bureau Bengaluru, 24 May Venture capital (VC) and private equity (PE) firms are doubling down on artificial intelligence (AI) investments, even as overall investment activity remains subdued. According to...

Anindita Nayak Bhubaneswar, May 24 AI-generated videos are likely to boost demand for chips, supplementing the growth of chip giant Nvidia. Following the increased demand for chips on the back...

DBT Bureau Bengaluru, 24 May IT services firm, HCL Tech on Thursday said it will acquire Communications Technology Group (CTG) assets from Hewlett Packard Enterprise (HPE) for $225 million to...

Anindita Nayak Bhubaneswar, May 23 Mid-tier IT services firm, Tech Mahindra announced its collaboration with Japanese broadcaster Fuji TV to create and produce content spanning various genres for the global...

Debasis Mohapatra Bengaluru, 22 May Speculation of activist investors taking position in Nasdaq-listed IT major Cognizant has surfaced after Japanese financial services group, Nomura bought stake in the company. In...

Anindita Nayak Bhubaneswar, May 21 Microsoft has launched a new category of personal computer with AI features as the company eyes to compete with rivals like Alphabet and Apple. At...

Anindita Nayak Bhubaneswar, May 20 A former OpenAI leader, who resigned from the company earlier this week, has that safety has “taken a backseat to shiny products” at the influential...