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HCL Tech announces $1.14 billion AI partnership with European firmSources familiar with the matter told ET that the client is Mercedes-Benz, with HCLTech beating out Infosys, which was the incumbent vendor...
Apps blocked over EV shutdowns, focus turns on auto cybersecurityAuthorities are intensifying scrutiny of vehicle cybersecurity after blocking several mobile apps used to remotely disable electric two- an...
Holiday Halt: NYSE, Nasdaq to remain closed today for Independence Day holidayUS financial markets observed a closure on Friday, July 3, in commemoration of Independence Day, as the holiday fell on a Saturday. Trading...
Govt lens on e-rickshaw remote shutdown issue; two apps including BAT-BMS removed from app storesConcerns over e-rickshaws being remotely disabled via a Chinese app, BAT-BMS, have prompted government action. IT Secretary S Krishnan conf...
Global Market Today: Asian stocks slip on AI woes, oil extends dropAsian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-hi...
US stocks today: Nasdaq ends lower with tech slip; investors assess softer jobs dataUS markets closed mixed as weak June jobs data cooled rate hike fears. Nasdaq fell on tech and chip stock declines, while the Dow rose stro...
Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and ...
US stocks today: S&P 500, Nasdaq edge lower as tech shares slideUS stocks ended slightly lower as weakness in technology and semiconductor shares weighed on sentiment, even as Meta rose after reports of ...
US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...
Rs 19 lakh crore shocker! TCS, Infosys & 2 IT giants crash 50% from peak: Is the absolute worst yet to come?India's top IT firms, including TCS and Infosys, have seen their market value plummet by at least 50% from peak levels, erasing nearly Rs 1...
Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
India eyes open source, homegrown AI amid access curbs on frontier modelsIndia is championing open-source and homegrown AI models to counter potential access restrictions on advanced frontier technologies. The IT...
AI-enabled cyberattacks biggest near-term threat to financial system: RBIAI-powered cyberattacks are India's top financial system risk, according to the RBI's latest report. Banks and NBFCs are most concerned abo...
Anthropic's export restrictions are fueling Asia's AI boomThe US move has allowed Asian firms to establish themselves in a market dominated by a handful of US companies.
Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...
Cyber talent gap widens as demand for hybrid skills outpaces supply"Modern cybersecurity sits at the intersection of digital platforms, AI deployment, regulatory accountability, operational resilience and c...
Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...
Inside Claude Mythos: Why Anthropic held back its most advanced AIAnthropic's advanced AI, Claude Mythos, capable of discovering software flaws, was kept from public release due to misuse concerns. Instead...
GIFT Nifty tumbles over 150 points as global sell-off in AI stocks rattles sentimentGIFT Nifty signals a weak start for Indian markets after a sharp global sell-off led by declines in AI and semiconductor stocks across Asia...
Amazon CEO in India Now; Hyderabad’s growing spacetech orbitAmazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech...