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GS NARAYANASWAMY. IT INDUSTRY
HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...- Iran truce may revive India's textile exports, industry saysIndia's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material cost...
- China launches national AI pilot base for steel industryChina has launched a new AI application pilot base in Nanjing for its metallurgical sector. This initiative aims to accelerate the adoption...
- RIL AGM 2026 this week: Date, time, where to watch live and what to expectReliance Industries' 49th AGM on June 19 is expected to draw investor attention for updates on the much-awaited Jio IPO, Reliance Retail's ...
- Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...
- Free trade pacts to boost furniture exports, domestic manufacturing: IndustryIndia's furniture sector is set for a major boost. New free trade agreements will open up export markets and encourage investment. Domestic...
- LIC targets stronger market leadership as it approaches its platinum jubileeLIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national developmen...
- 'Tatkal' cut could spoil the show for the film industryFilm producers and distributors in Mumbai are concerned about tighter release schedules and increased uncertainty following the discontinua...
- Another AI aftershock sends Indian IT stocks for a tumbleIndian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disrup...
- Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
- Fable 5: Anthropic's latest AI model could transform IT, but at a costAnthropic's Fable 5 AI model showcases advanced agentic coding, capable of autonomous complex task completion and outperforming benchmarks....
- Supreme Court flags threats to judges, says intimidation undermines justice deliveryThe Supreme Court voiced serious concerns regarding threats and attacks against judges and their families. This worry intensified following...
- Gujarat Police trace 1,470 missing persons in month-long Operation Milap; women, children make up majorityGujarat Police successfully traced 1,470 missing individuals, including many women and children, during the month-long 'Operation Milap'. T...
- Gujarat to introduce ‘Ultra Mega’ category in new industrial policyGujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is...
- Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
- India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...
- ‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
- Patna Court stays Khan Sir's arrest in connection with Khan Global Studies institute firing caseIn a significant development, the Patna District Court has issued a stay on the arrest of Khan Sir, a prominent educator, following a shoot...
- Six-figure salary, MNC job but still driving taxi: Bengaluru techie left surprised after realising who is driver wasA Bengaluru software engineer was surprised to discover that his Rapido bike taxi rider was also a software developer working at a multinat...
- FAR expansion, tax relief may boost foreign bond inflows, but risks remainNew government debt rules aim to attract foreign investment. Additional government securities are now accessible to foreign investors. Tax ...
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