TECHNOLOGY HEAD
US senators call out big tech's new approach to poaching talent, products from smaller AI startups
President Joe Biden's administration and lawmakers from both parties have promoted stricter oversight of the tech industry recently. US antitrust authorities plan to investigate the roles of Microsoft, Nvidia, and OpenAI in the AI boom, with the Department of Justice probing Nvidia and the Federal Trade Commission scrutinising Microsoft and OpenAI partnerships.
How Microsoft's Satya Nadella became tech's steely-eyed AI gambler
Nadella, Microsoft's CEO, had his eyes on a Silicon Valley startup called Inflection AI. The company's CEO, Mustafa Suleyman, was one of the founders of the pioneering artificial intelligence company DeepMind.
US inflation data, IT stocks propel Indian indices to fresh highs
The NSE Nifty rose 186.20 points, or 0.77%, to close at 24,502.15, having hit a lifetime high of 24,592.20 during the day. The BSE Sensex rose 622 points, or 0.78%, to end at 80,519.34, down from an intraday record of 80,893.51.
Goldman Sachs puts a $1 trillion question mark over Generative AI
A KPMG survey in the US found that executives expect Generative AI to have an enormous impact on business, but most say they are unprepared for immediate adoption.
Circuit House Technologies raises $4.3 million in funding round led by Stellaris, 3one4 Capital
Varun Alagh of Mamaearth and Tracxn’s Abhishek Goyal also participated in the funding for the consumer electronics maker, which was started by Xiaomi India chief business officer Raghu Reddy.
TVS Motor unveils TVS Apache RTR 160 Racing Edition at Rs 1.28 lakh
The TVS Apache 2024 RTR 160 Racing Edition, priced at Rs 1.28 lakh (ex-showroom Delhi), features a matte black color, red alloy wheels, ride modes, an LCD cluster, and LED lamps. Vimal Sumbly highlighted its engineering excellence. Backed by 5.5 million riders, it's now available for booking. Business - Premium head emphasized state-of-the-art technology reflecting TVS heritage.
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UP gives Maruti a head 'start' in strong hybrids
Maruti Suzuki India saw a nearly 7% surge in its stock price following Uttar Pradesh's decision to waive registration levies on strong hybrid and plug-in vehicles. This move, aimed at promoting greener mobility choices alongside electric cars, is expected to reduce ownership costs by 10%. Maruti, already a leader in the strong hybrid category, stands to benefit significantly. This policy shift reflects a broader trend among states to incentivize alternative technologies like biofuels and hybrids, aiming to make them more attractive and cost-effective compared to traditional petrol vehicles.
Bandhan Bank names Ratan Kumar Kesh as interim head
Bandhan Bank is facing a leadership change as CEO Chandra Shekhar Ghosh steps down without a successor in place. The board is considering options for an interim head to manage daily operations during this transition period.
Mahindra & Mahindra selects ABB technology for new EV paint facility
M&M partners with ABB using PixelPaint tech to offer precise finish application without disrupting production line for personalization options on new EVs, marking a significant advancement in the automotive industry.
Is it time to start buying IT stocks? Macquarie’s Ravi Menon explains
The IT sector anticipates growth is being driven by AI and enterprise technology spending amid concerns over interest rates and consulting demand. Companies like Tata Technologies are facing valuation challenges in the engineering services segment, contrasting with positive growth prospects for IT services, says Ravi Menon, IT Services Analyst, Macquarie.
Indian software sector earnings will remain modest in Q1: here’s why
Infosys and LTIMindtree are expected to lead a modest increase in average growth for Indian software service providers in the first quarter of FY25. However, previous top performers, Tata Consultancy Services (TCS) and HCLTech, may see pressure on profits and margins as they work to reignite growth.
Amrit Jiwan elected as new MAIT president
The Manufacturer's Association of Information Technology (MAIT) appointed Amrit Jiwan as president and aims to encourage domestic IT hardware manufacturing. They align with the New National Policy on Electronics and prioritize tax structuring stability for business growth under Jiwan's leadership.
Where US stock market is headed after wild first half: 5 charts
A boom in artificial intelligence fueled a blistering first half for the US stock market, and traders expect to see the same — and more — in the remainder of the year.
CS Setty gets FSIB approval to head SBI as next chairman
Challa Sreenivasulu Setty has been selected as the next chairman of the State Bank of India (SBI) by the Financial Services Institution Bureau (FSIB). Setty, who has worked at SBI for 35 years, will succeed current chairman Dinesh Khara, who will end his term on August 28.
Consistent winners! 9 stocks gain at least 25% in last four quarters, turn multibaggers
Indian equities soar to all-time highs with Nifty breaking above 24,000 levels, supported by the private banking sector. Sectors like IT and healthcare offer growth opportunities, making a stock-specific approach advisable amidst the current market conditions.
Elastocalorics, carbon-capturing microbes among top 10 emerging technologies: WEF
The WEF said these top 10 emerging technologies focus on applications in health, communication, infrastructure and sustainability. The report also states AI will enable researchers to make unprecedented connections and advancements in understanding diseases, proposing new materials, and enhancing knowledge of the human body and mind.
Oil & gas, construction and IT head FPI sell list; realty gets most inflows
Overseas investors, FPIs, NSDL data show ₹12,519 crore sold in 11 sectors between June 1-15. Oil & gas, construction, IT, metals & mining saw money shift. Oil & gas had largest selling at ₹3,683 crore in June's first fortnight.
Best Full Body Massagers for effective full body pain relief
Let this article become your guide to rest and relaxation as it evaluates the best full body massagers, its various models based on features such as ergonomic design, adjustable speed settings, battery life, and specialized massage heads. Also highlights key benefits of each massager, including deep tissue stimulation, infrared heat therapy, and portability. The article aims to help readers find the perfect massager for their needs, whether for relieving muscle soreness, enhancing blood circulation, or providing a soothing massage experience at home.
Discover 7 Best 5-Star Refrigerators in June 2024: Save Big on Energy Bills
Five-star refrigerators are the epitome of efficiency and innovation, providing exceptional energy savings and top-notch performance. These refrigerators are designed with advanced cooling technologies, ensuring your food stays fresh longer while minimizing electricity consumption. With spacious interiors, adjustable shelving, and smart features such as temperature control and frost-free operation, five-star refrigerators offer convenience and reliability.
Truth behind viral head-swapping operations. What you should know
Video of head-swapping operations has caught eyes of social media users. There is a shocking truth behind the operations.
Wipro's Switzerland head quits; Bruno Schenk to take over
Indian IT major Wipro on Monday appointed Bruno Schenk succeeds René Mulder, who joined Wipro in February 2021 and has decided to pursue opportunities outside Wipro.
Modi has pulse of the average man, leads by example, says head of IIT alumni nonprofit body
"You can have many politicians who can say something but mean something else. But here you have a person who is leading by example and his leadership, his work ethic, his delivering performance from his account is perpetuating in terms of every minister, every ministry following and being forced to lead that, to follow that," said Ratan Agarwal, president of WHEELS Global Foundation.
HAMMER Aeromax in-Ear Bluetooth Earbuds specifications - Newly launched budget-friendly earphones for you
The HAMMER Aeromax in-Ear Bluetooth Earbuds are the latest addition to the market, boasting a blend of affordability and quality. These earbuds promise to deliver exceptional sound performance without breaking the bank, making them an enticing option for budget-conscious consumers. Delve into the specifications and features that set them apart from other options in their price range.
SCO members including India brainstorm July summit agenda
Dammu Ravi, Secretary (Economic Relations) in India's Ministry of External Affairs, represented India at the SCO Council of Foreign Ministers meeting in Astana, Kazakhstan. The meeting focused on preparations for the upcoming SCO Heads of States Council meeting in July and discussed ongoing cooperation, regional security, and global issues like extremism. Ravi also met with counterparts from other SCO member states and Kazakh officials. The SCO aims to strengthen mutual trust and cooperation among member states in various fields, ensuring regional peace, security, and stability. Kazakhstan currently chairs the SCO until July 2024.
Head Games: Catch all the details about this psychological thriller
Head Games is a story of a corporate spy, who tries to outwit his target. In the process, he has to use all his skills even as his opponent tries to outsmart him. The film is a thriller.
Gamers, youth to drive growth for Dell this fiscal, says consumer biz head
While launching new laptop models across XPS, Alienware and Inspiron portfolio, Dell Technologies Vice President and Managing Director for Consumer and Small Business Raj Kumar Rishi said that the company will stick to its strategy of bringing the latest technologies across various price points and focus on financing of laptops to make devices affordable for consumers.
Technical Stock Pick: This FY24 multibagger is likely to head towards Rs 8,000; time to buy?
Dixon Technologies doubled investors’ wealth in FY24 and may continue its rally. Traders advised to target Rs 8,000. Stock hit a record high of Rs 7,624. Momentum and indicators support further upside potential.
10 Best Hindware Shower Heads to help you Craft your Personal Oasis
Explore the pinnacle of showering luxury with the best Hindware shower heads. Crafted with precision and elegance, these shower heads offer a harmonious blend of style and functionality. From rain shower effects to powerful sprays, each Hindware shower head is designed to provide an unparalleled showering experience. These Hindware shower heads stand out for their innovative features, such as easy to clean nozzles, adjustable angles, and consistent flow, ensuring both reliability and innovation in every showering experience.
Lenovo elevates Priya Tikare as director and head of HR
Priya Tikare leads HR at Lenovo Bengaluru, focusing on innovation, employee empowerment, job creation, and talent strength consolidation for productivity enhancement and growth.
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