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Will mid and specialized IT companies pay more as the sector makes a comeback ? 6 Mid sized IT stocks with upside potential of upto 41%
It was after a long period of time that IT stock made a comeback on Friday as reflected in the top gainers list which was dominated by IT stocks. Now the question is whether it is another false start or the Q1 results from TCS and HCL tech are reflecting the fact that the street has been more pessimistic on the sector than it was required. The answer to this would be clear in another couple of days, but the way they have been performing, there is a higher probability of it being more sustainable this time. The fact is IT companies are one of most researched companies in India. But the focus of that research is largely on TOP 5 five companies. While the fact is that the Indian IT sector is far bigger than just these companies. There are many niche areas where mid and small cap IT companies have been able to make their mark and a distinction needs to be made when looking at the sector and probably because the are not over owned by large institutional investor.
Acer ties up with Indkal Technologies to enter Indian phone market
Indkal Technologies has struck a licensing agreement with Acer, enabling Acer to enter India's smartphone market. According to a joint statement on Thursday, this strategic deal marks Acer's debut with its own branded smartphones in India. Indkal plans to launch a diverse range of Acer-branded smartphones by mid-2024, aiming to capture a significant market share.
Under Bhashini, IISc to open source 16,000 hours of speech data
Bhashini’s Vaani project, led by IISc-ARTPARK and Google, is open-sourcing 16,000 hours of speech from 80 districts and 150,000 hours from one million people across 773 districts in India. The Gates Foundation funds it. The project records 200 hours per district, supporting AI development in 58 language variants, with Karya assisting data collection.
Panel studies US and UK models for exam reforms, plans NTA revamp
The education ministry and exam reforms panel are exploring US and UK entrance exam models for potential changes, like computer-based testing. Public feedback favors domain-specific and social aptitude tests. Central government is discussing NTA's role and accountability, considering a statutory structure.
Tesla hikes Model 3 prices in Europe due to tariffs on China-made EVs
Tesla has increased prices of its Model 3 cars in several European countries, including Germany, the Netherlands, and Spain, by approximately 1,500 euros ($1,622). This price hike comes in response to new tariffs imposed by the European Union on electric vehicles (EVs) manufactured in China, where Tesla produces its Model 3 vehicles.
Proud of its SDG localisation model, India says it has fully integrated SDGs into national development strategies
India's Deputy Permanent Representative to the UN, Ambassador Yojna Patel, highlighted India's full integration of the Sustainable Development Goals (SDGs) into national strategies during the High-Level Political Forum at the UN General Assembly. Emphasizing India's SDG localization model, Patel outlined its foundation on institutional ownership, collaborative competition, capacity building, and a whole-of-society approach. She underscored India's economic growth through systemic reforms, inclusive policies, and Digital Public Infrastructure.
What are Iskander-M ballistic missiles that Russia frequently uses against Ukraine?
Russia has in recent times claims to have destroyed critical military assets of Ukraine using its Iskander-M ballistic missiles. Ukraine countered this and said that it had tricked the Russians into destroying dummy targets that were placed at strategic locations.
AI bots taking over the Internet? Here's how companies are stopping this intrusion
Artificial intelligence' rise has created some nasty problems for text-based websites, some of whom are complaining that the performance of the internet is diminishing due to AI bots scraping the web for training its systems. Language model system need a lot of text to get trained, and therefore, this has started off what appears to be a long-draw 'text war'.
Scandron secures DGCA certification for agricultural drone
Scandron Pvt Ltd, a subsidiary of Magellanic Cloud, received DGCA certification for its agricultural drone model. The SNDAG010QX8 drone is designed for fertilizing and crop monitoring. The certification supports the 'Make in India' initiative, aiming to reduce reliance on foreign technology. The company plans to collaborate with government bodies to promote innovation and safety in the agri-drone market.
Skoda gears up to introduce new Kodiaq, Octavia in India
Czech carmaker Skoda plans to launch new models in India, including the latest version of its premium SUV, Kodiaq, and a sub-4 meter compact SUV early next year. Skoda Auto India Brand Director Petr Janeba announced the re-introduction of the premium sedan Octavia later this year. The new Kodiaq is expected to arrive by the end of next year. Skoda aims to cater to SUV demand while also offering classic sedans like Octavia. The company also plans to introduce battery-electric models in India.
Two-wheeler sales volume growth to continue this fiscal: CareEdge Ratings
The two-wheeler industry is projected to sustain steady growth this fiscal year due to improved domestic sales and strong demand in executive and premium segment motorcycles, according to a report by CareEdge Ratings. Post-COVID, the industry saw a decline but began recovering in FY23, with momentum continuing into FY24. Key drivers include higher EV sales, CNG-powered two-wheelers, and anticipated interest rate cuts in the latter half of FY25. The Indian two-wheeler industry recorded sales growth in FY23 and FY24, with future growth expected to be bolstered by new model launches and recovering exports.
Scandron gets DGCA certification for agri-drone model
Scandron announced receiving DGCA Type Certification for its Agri-Drone model, SNDAG010QX8, supporting efforts to enhance Indian agriculture. The rotorcraft, certified for agricultural tasks, aims to improve crop yields through tasks like spraying fertilizers, crop surveillance, and livestock management. Magellanic Cloud's involvement strengthens India's drone market and supports the Make in India initiative.
SC asks Centre to frame model policy on menstrual leave for women
The Supreme Court directed the Centre to formulate a model policy on menstrual leave for women employees, emphasizing that this is a policy matter not within the court's purview. Concerned that court-mandated leave might deter employers from hiring women, the bench highlighted the need for a balanced approach to encourage more women to join the workforce. It permitted the petitioner's lawyers to approach the Ministry of Women and Child Development and urged the Centre to consult stakeholders to develop a suitable policy, ensuring states can also take independent actions in this regard.
Natasa Stankovic’s cryptic video, where she talks about a ‘problem in her life’, sparks divorce rumours with Hardik Pandya
For several months, rumors of an impending divorce between star cricketer Hardik Pandya and his wife, Serbian model-actress Natasa Stankovic, have been circulating. Speculation about their split began when Natasa deleted photos of her husband from her Instagram account. Although she restored the pictures a few days later, the rumors have persisted.
Live mannequin display of woman at Dubai mall sparks debate over ethical marketing: Viral Video
A Dubai clothing store, Manto Bride, sparked controversy by employing a live model, Angelina, to pose as a mannequin at its storefront in Dubai Festival City Mall. The stunt, which Angelina shared on Instagram and TikTok, quickly went viral, amassing hundreds of thousands of views and generating mixed reactions online. Critics labeled the display as "inhuman" and "modern-day slavery," while others praised it as innovative marketing.
J-K on verge of becoming success story among Indian states: LG Manoj Sinha
Lt Governor Manoj Sinha highlighted Jammu and Kashmir's potential as a key success story in India and a socio-economic global model. Meeting Eliska Zigova, Czech Republic's Ambassador to India, at Raj Bhawan, they discussed investment opportunities in sectors like industries, tourism, start-ups, handloom, handicrafts, food processing, agriculture, and allied areas. Sinha emphasized 'historic and transformative changes' under Prime Minister Narendra Modi's leadership, inviting Czech trade and business leaders to explore these opportunities.
New mineral fund rules restrictive: Chhattisgarh government
Chhattisgarh government red-flags new District Mineral Foundation guidelines, citing potential misuse of funds meant for people affected by mining activities.
One CM, 2 Deputy CMs BJP's new model
BJP's strategy of appointing two deputies for chief ministers in big states helps balance caste equations, starting from Uttar Pradesh and expanding to Rajasthan, Madhya Pradesh, and Chhattisgarh.
Fund released for farmers was due month ago, PM Modi did no special favour to them: Congress
Congress criticizes PM Modi for delayed release of PM-Kisan Samman Nidhi fund, calling it farmers' legitimate entitlement. Demand for legal MSP, farm loan waiver to benefit farmers.
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