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#india

2427 articles found

Persistent’s Q4 net profit up 34% to Rs 529 crore
· 25 days ago· ET Tech

Persistent’s Q4 net profit up 34% to Rs 529 crore

Revenue increased 25.1% year-on-year and 7.4% quarter-on-quarter to Rs 4,055.9 crore, supported by a 24.3% year-on-year growth in the banking, financial services and insurance (BFSI) segment, and 11.2% year-on-year growth in the software, hi-tech and emerging industries verticals. The company’s heal

#india#et-tech
SpaceX says it has option to acquire startup Cursor for $60 billion
· 25 days ago· ET Tech

SpaceX says it has option to acquire startup Cursor for $60 billion

SpaceX is exploring a significant move into AI developer tools by securing an option to acquire code-generation startup Cursor for $60 billion or partner for $10 billion. This push aims to bolster xAI's position in the AI coding market and provide Cursor with enhanced computing power for AI model de

#india#et-tech
· 25 days ago· YourStory

From data to decisions: What it takes to build real-time, AI-led consumer businesses in India

Building a real-time, AI-led consumer business in such a category requires more than just data collection: it demands a system where data flows continuously, is interpreted intelligently, and triggers timely action.

#india#yourstory
Vodafone offers small businesses cybersecurity, AI capability with Google tie-up
· 25 days ago· ET Tech

Vodafone offers small businesses cybersecurity, AI capability with Google tie-up

Vodafone is partnering with Google Cloud to bring advanced cybersecurity and AI to small businesses. It will launch in Germany, in compliance with ​the region's stringent data protection ⁠standards, before ‌rolling out across additional European ​markets ​later this year, it said.

#india#et-tech
Infosys weighs CEO change; Groww's Lalit Keshre on next growth bets
· 25 days ago· ET Tech

Infosys weighs CEO change; Groww's Lalit Keshre on next growth bets

Happy Wednesday! Infosys is set to discuss CEO Salil Parekh's tenure and a succession roadmap as it reports Q4 results. This and more in today's ETtech Morning Dispatch.

#india#et-tech
Microsoft must face $2.8 billion UK lawsuit over cloud computing licences
· 25 days ago· ET Tech

Microsoft must face $2.8 billion UK lawsuit over cloud computing licences

A London tribunal has allowed a mass lawsuit against Microsoft. Thousands of British businesses claim they were overcharged for Windows Server software. This software was used on cloud services from Amazon, Google, and Alibaba. The case, valued at up to $2.8 ​billion, will now proceed to trial.

#india#et-tech
Meta breaks ground on over $1 billion data center in Oklahoma's Tulsa
· 25 days ago· ET Tech

Meta breaks ground on over $1 billion data center in Oklahoma's Tulsa

Meta Platforms is constructing a massive $1 billion data centre in Tulsa, Oklahoma, to boost its AI infrastructure. This investment will create over 1,000 construction jobs and 100 operational roles, marking Meta's first facility in the state. The project underscores the company's aggressive push in

#india#et-tech
Competition doesn’t limit growth in India: Groww’s Lalit Keshre on building a full-stack wealth platform
· 25 days ago· ET Tech

Competition doesn’t limit growth in India: Groww’s Lalit Keshre on building a full-stack wealth platform

After steering Groww to a blockbuster IPO in under a decade, Keshre was named Entrepreneur of the Year at The Economic Times Awards for Corporate Excellence 2025, having outpaced legacy bank-backed brokerages and established fintech incumbents.

#india#et-tech
ASM International forecasts second-quarter revenue that beats estimates
· 25 days ago· ET Tech

ASM International forecasts second-quarter revenue that beats estimates

Europe's second-largest maker of chipmaking tools forecast second-quarter revenue at around 980 million euros ($1.15 ‌billion), against ⁠LSEG ⁠data estimates of 883.9 million euros. First-quarter revenue reached 862.5 ​million euros versus the 828.5 million euros analysts expected.

#india#et-tech
Intel results to show if supply chain issues are dimming its AI ambitions
· 25 days ago· ET Tech

Intel results to show if supply chain issues are dimming its AI ambitions

Intel investors are watching supply chain challenges affecting chip production for AI services. The company anticipates a revenue and earnings drop in the first quarter. However, its data center and AI segment is projected for growth. Intel is also expanding AI CPU partnerships and joining a major A

#india#et-tech
Domestic AIFs Halve Ownership In MobiKwik In March Quarter
· 25 days ago· Inc42

Domestic AIFs Halve Ownership In MobiKwik In March Quarter

Domestic alternative investment funds (AIFs) undertook heavy sell-offs in MobiKwik in Q4 FY26, following the fintech company’s maiden profitable quarter…

#india#inc42
TCS case: Prime accused seeks bail, says complaint filed due to frustration or parents' pressure
· 25 days ago· ET Tech

TCS case: Prime accused seeks bail, says complaint filed due to frustration or parents' pressure

A prime accused in the alleged sexual harassment case at TCS's Nashik unit on Tuesday filed a bail application claiming that the complaint stemmed from the victim's frustration over her "one-sided feelings" for him, or due to parental pressure.

#india#et-tech
Meta to start capturing employee mouse movements, keystrokes for AI training data
· 25 days ago· ET Tech

Meta to start capturing employee mouse movements, keystrokes for AI training data

Meta is ​installing new tracking software ​on US-based employees' computers to capture mouse ​movements, clicks and keystrokes for use in training its artificial-intelligence models, part of a broad initiative to build AI agents that can perform work ‌tasks autonomously, ⁠the ⁠company told staffers

#india#et-tech
Tesla registers its AI-driven voice assistant in Shanghai
· 25 days ago· ET Tech

Tesla registers its AI-driven voice assistant in Shanghai

Tesla has registered ​its voice assistant ​feature, which is powered ​by a generative artificial intelligence (AI) model, with China's cyberspace administrator in Shanghai, the city's ‌local ⁠authority said ⁠on Tuesday.

#india#et-tech
AI chipmaker Forge Nano to list via $1.6 billion SPAC deal
· 25 days ago· ET Tech

AI chipmaker Forge Nano to list via $1.6 billion SPAC deal

​Forge Nano, a US-based semiconductor ​equipment and advanced materials company, plans to go public ​through a $1.6 billion blank-check deal with Archimedes Tech SPAC Partners II, the companies announced on Tuesday.

#india#et-tech
Apple's Ternus era hints at renewed hardware focus, AI growth push
· 25 days ago· ET Tech

Apple's Ternus era hints at renewed hardware focus, AI growth push

Ternus, a 25-year veteran who has overseen development of key products including multiple iPhone generations, will take the helm in September, succeeding Tim Cook after more than a decade of ‌strong growth that ⁠saw ⁠Apple's market value swell to around $4 trillion.

#india#et-tech
Florida investigating ChatGPT role in mass shooting
· 25 days ago· ET Tech

Florida investigating ChatGPT role in mass shooting

Florida on Tuesday announced a criminal probe into whether ChatGPT artificial intelligence played a role in deadly mass shooting at a university in that state.

#india#et-tech
Trump says Anthropic is 'shaping up,' open to deal with Pentagon
· 25 days ago· ET Tech

Trump says Anthropic is 'shaping up,' open to deal with Pentagon

US President Donald Trump said ​on Tuesday Anthropic was "shaping up" ​in the eyes of his administration, opening the door for ​the AI company to reverse its blacklisting at the Pentagon. Trump directed the government in February to stop working with Anthropic.

#india#et-tech
MeitY extends IT rules feedback deadline to May 7; proposes stricter SGI labelling
· 26 days ago· ET Tech

MeitY extends IT rules feedback deadline to May 7; proposes stricter SGI labelling

The Ministry of Electronics and Information Technology has extended the deadline for feedback on proposed amendments to the IT Rules. New rules will require clear labels for synthetically generated information. Intermediaries must now comply with ministry advisories in writing. The amendments also e

#india#et-tech
Zerodha’s Rainmatter Invests In PrimeInvestor to Tap PMS Boom
· 26 days ago· Inc42

Zerodha’s Rainmatter Invests In PrimeInvestor to Tap PMS Boom

Wealthtech startup PrimeInvestor has raised ₹19.5 Cr (around $2.1 Mn) in its seed funding round from Zerodha’s investment arm Rainmatter…

#india#inc42
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