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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...
Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
Intel bets big on AI infrastructure with new Xeon chipsIntel has unveiled new data center products. This includes the next-generation Xeon 6+ processors and advanced AI accelerators. These innov...
Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attra...
Company racks up $500M Claude AI bill in one month after putting no usage limits on employee licensesA firm's unchecked AI spending led to a staggering $500 million bill in a single month due to unlimited employee licenses for platforms lik...
GCCs to hand out more jobs to freshersThis fiscal year, global capability centres are gearing up to boost their fresh graduate hiring by 12 percent, a notable uptick amid the IT...
Defence Ministry issues RFP for indigenous 5th-gen Advanced Medium Combat Aircraft project to 3 shortlisted biddersIndia's Defence Ministry has issued a Request for Proposal for its indigenous fifth-generation Advanced Medium Combat Aircraft project. Thr...
Old shopping funnel is gone: Gen Z is rewriting rules of retailGen Z is rapidly reshaping India’s online retail market, forcing brands and platforms to rethink traditional marketing strategies. Nearly h...
What makes the Rs 90,000-crore Great Nicobar Island project critical for India both militarily and economicallyIndia is undertaking a massive Rs 90,000 crore project in Great Nicobar. This initiative will develop a major transshipment port and intern...
India to use AI to protect consumers from money mule banking cyber fraud, announces Home Minister Amit ShahIndia will now use Artificial Intelligence to fight money mule banking cyber fraud. The Home Minister announced a partnership between the I...
Qualcomm stock jumps 15% as AI partnership with OpenAI, new Snapdragon chips and strong earnings boost investor confidenceQualcomm stock is getting attention after strong growth in AI, smartphones and data centers. Investors are watching the company closely bec...
AI powers Meesho’s turnaround as losses narrow sharplyMeesho's technology upgrades, including AI tools like PRISM and Vaani, boosted customer engagement and sales. The e-commerce giant reported...
Walmart self checkout: Why are Costco, Target removing self checkout?Self checkout means Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monoton...
EY, FICCI urge govt to reduce GST rate to 9% on hotel rooms priced above Rs 7,500 per nightA joint report by EY and FICCI suggests lowering the GST on luxury hotel rooms to 9%. This move aims to make India a more competitive touri...
Tata Capital targets 23–25% loan growth through FY28, bets on GenAI and falling credit costs to boost returnsTata Capital anticipates strong performance in FY27, driven by growth, improved margins, and operating efficiency. The company has seen a c...
AMD stock surges past $300 as AI demand and analyst upgrades boost momentumAMD stock is rising fast and crossing key levels as demand for AI chips grows and analysts give positive targets. The company is getting st...
From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
Why US stock market Dow Jones, S&P 500, Nasdaq on the move today? Dow jumps over 400 points, Nasdaq rallies 1%+, S&P 500 climbs as AI stocks rebound and earnings buzz buildsWhy are Dow Jones, S&P 500, and Nasdaq surging today? US stock market rally today is gaining strong momentum, backed by hard numbers and fr...
Rainmatter, Turbostart co-lead $2.5 million pre-Series A round in Lawyered for mobilityFinvolve doubles down with a follow-on investment as Lawyered crosses 2 million vehicles and enters its next growth phase.
Unstoppable surge: AMD hits all-time high in best run in nearly two decades - what's fueling the drive?AMD stock is rising very fast and hitting new highs after many days of gains. Strong demand for AI chips and servers is helping the company...