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India's consumer durables market is projected to reach Rs 5.39 lakh crore by FY30, driven by a 14% CAGR and increasing demand for smart, energy-efficient appliances. This growth is creating opportunities for startups to innovate in niche segments, offering localised and affordable products.
Intel CEO Lip-Bu Tan joins the board of PsiQuantum, a privately held quantum computing company.
India's burgeoning digital gold sector is on the cusp of formal regulation as the government explores an oversight framework. Fintech founders have urged finance ministry officials to address the industry's rapid growth and lack of current legislation.
Bengaluru's Calligo Technologies is in talks to secure $12-15 million in funding. US-based BIG Capital is expected to lead the investment round. This funding will help Calligo commercially scale its silicon chip and expand globally. The company focuses on energy-efficient computing for AI and superc
Alphabet delivered a strong quarterly performance driven by surging demand for AI-powered cloud services, with its business momentum pushing revenue and profits higher; energy engineering company Kimbal Pvt Ltd has raised $22 million in a Series B funding round led by GEF Capital Partners.
Mphasis has taken the spotlight with stellar financial results for the fourth quarter of fiscal year 2026, celebrating a solid 14.1 percent boost in net profit year-on-year. The company’s revenue also saw a healthy climb, up 14.4 percent over the same period. This impressive growth is largely attrib
India's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers are being reduced. This move aims to control costs and improve efficiency. Companies are focusing on productivity growth. Revenue per employee is increasing. This
Tech Mahindra is acquiring an 85% stake in Canadian wealth management firm Avant Techno Solutions for CAD 28 million. This strategic move aims to bolster Tech Mahindra's BFSI sector capabilities, particularly in payments modernization and wealth platforms. The acquisition is expected to be finalized
Meta Platforms has raised $25 billion through bond sales to boost its artificial intelligence infrastructure. This move follows a significant $30 billion sale last year. The company is increasing its capital expenditure forecast for 2026. Meta is also scaling back its metaverse business and planning
Huawei anticipates a significant surge in its AI chip revenue, projecting a 60% increase this year. This growth is driven by strong demand from Chinese companies. The tech giant expects its chip revenue to reach approximately $12 billion this year, a substantial rise from previous figures.
Amazon Web Services anticipates several months to restore cloud operations in Bahrain and the UAE following Iranian drone strikes in early March. The attacks disrupted services, prompting AWS to advise customers to migrate resources and restore from backups.
Cybersecurity giant Palo Alto Networks is acquiring AI infrastructure startup Portkey to bolster its defences for autonomous AI systems. This move aims to provide enterprises with a centralised control plane for managing and securing AI agents. The acquisition is expected to close in Palo Alto Netwo
Sandisk has reported a significant surge in revenue and profit. The company has secured long-term contracts worth at least $42 billion. This move aims to stabilize its business against price fluctuations. Sandisk also plans a substantial $6 billion share buyback program.
Voice assistants that engage in back-and-forth communication are something you’ve likely experienced. But a voice assistant that provides rational, uninterrupted exchanges via spoken dialogue? That’s what xAI delivered with their Grok Voice Think Fast 1.0 in April 2026 and instantly, it became the t
Elon Musk spars with OpenAI attorney in trial over company's evolution from a nonprofit
