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#india
1636 articles found
· 6 days ago· ET Tech
Cognizant forecasts quarterly revenue below estimates on cautious IT spending
Cognizant Technology has recently announced an unexpected decline in its quarterly revenue forecast, indicating that clients are exercising restraint in their IT service expenditures due to prevailing economic anxieties. Additionally, the firm has adjusted its annual revenue outlook lower as a resul
· 6 days ago· YourStory
Optimized Electrotech: India’s AI electro-optical systems
Optimized Electrotech builds AI-powered electro-optical systems for defence, backed by Rs 100 crore and deployed with Indian forces.
· 6 days ago· ET Tech
French regulator says most e-commerce platform products it tested breach EU rules
France's consumer watchdog found a staggering 75% of products from online platforms failed EU safety rules. Many items were found to be dangerous, posing risks like electric shock or containing harmful chemicals. This widespread non-compliance suggests systemic issues rather than isolated incidents.
· 6 days ago· YourStory
Novio raises Rs 100 Cr in Series A led by Cornerstone Ventures
Fintech startup Novio will use this funding to scale its distribution network, product development and enhance AI capabilities.
· 6 days ago· ET Tech
Smaller UPI firms to meet NPCI, seek level playing field with PhonePe, Google Pay, Paytm
Smaller third-party UPI players are set to propose new curbs on market leaders like PhonePe, Google Pay, and Paytm to the NPCI. They aim to restrict user acquisition tactics, tighten monetization rules, and democratize merchant services. These proposals come as the long-pending 30% market share cap
· 6 days ago· ET Tech
ARAI inks pact with Data Security Council to bolster cybersecurity in auto sector
Pune's ARAI and DSCI have joined forces to boost the Indian auto sector's cybersecurity. This collaboration aims to prepare the industry for new data protection rules. It will bring together car makers, suppliers, and policymakers to tackle cyber risks. The partnership will foster knowledge sharing
· 6 days ago· ET Tech
Electronic gear maker Amphenol forecasts upbeat quarterly results on AI data centre demand
Electronic gear maker Amphenol anticipates robust second-quarter revenue exceeding market expectations. This surge is fueled by increased enterprise spending on components vital for artificial intelligence data centers. Amphenol's stock saw a significant jump in premarket trading. The company's solu
· 6 days ago· ET Tech
Goa govt unveils draft AI policy with aim to position state as global hub for high-tech innovation
Goa's government has unveiled its draft Artificial Intelligence policy. The plan aims to make the state a technology hub. A key proposal is restricting social media access for children under 16. The policy focuses on AI skilling and innovation. It also seeks to improve governance and public services
· 6 days ago· ET Tech
Robinhood shares fall as crypto slump dents trading volume growth
Crypto markets have come under pressure this year, with bitcoin down more than 30% in the last six months, as a broad risk-off mood took hold, triggering waves of selling across digital assets and curbing retail trading activity.
· 6 days ago· ET Tech
Dhan launches Gold Vault, enables users to buy gold from the exchange
Brokerage firm Dhan has launched 'Gold Vault,' enabling retail investors to purchase physical gold and silver at live commodity exchange prices with home delivery. This Sebi-regulated product ensures compliance and reduces risk through MCX futures settlement and MCXCCL clearing, marking a significan
· 6 days ago· ET Tech
Families of Canadian mass shooting victims sue OpenAI, CEO Altman in US court
Lawsuits have been filed in a US court against OpenAI and its CEO Sam Altman. The suits claim the company knew about a shooter's violent plans eight months before a deadly attack in Tumbler Ridge, British Columbia. Relatives of the nine victims, including children, allege OpenAI failed to alert poli
· 6 days ago· MediaNama
Karnataka files appeal challenging the bike taxi ban lift in the Supreme Court
Karnataka has approached the Supreme Court challenging a High Court ruling that allowed bike taxi operations under the Motor Vehicles Act, reviving a legal battle over regulation, permits, and aggregator services. The post Karnataka files appeal challenging the bike taxi ban lift in the Supreme Cour
· 6 days ago· ET Tech
Apple's new CEO Ternus likely to get earnings spotlight as strong results loom
With the quarterly results around the corner, Apple's loyal investors are buzzing with anticipation. As John Ternus takes the reins as CEO, all eyes will be on his strategic vision for ushering in a new era of AI-driven innovation. The impressive sales figures for the latest iPhones and the unveilin