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ARTIFICIAL INTELLIGENCE TURNAROUND
The Intel wager: Billionaire Masayoshi Son puts 67% of SoftBank’s US portfolio behind an AI revivalSoftBank has heavily invested in Intel, directing sixty-seven percent of its portfolio. This substantial stake reflects Masayoshi Son's con...- GE Aerospace uses AI to cut aircraft engine turnaround time by five daysGE Aerospace is using artificial intelligence at its Bengaluru technology centre to improve aircraft engine inspections, maintenance and su...
- Vishal Garg, Indian-origin Better CEO who fired 900 employees on Zoom in 2021, sacked 5 years later; here's whyVishal Garg, the Indian-American entrepreneur, has been removed as chief executive of Better Home & Finance. The company's board cited conc...
- HCLTech, NetApp expand partnership to deliver hybrid cloud storage-as-a-service for enterprise AIHCLTech and NetApp expanded their partnership for hybrid cloud storage-as-a-service (STaaS) to accelerate enterprise AI adoption. The initi...
- PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.
- FIIs now backing India's consumers, not capex: July data reveals major rotationForeign investors returned to Indian equities in July, but their buying reflected selective, defensive positioning. Consumer services, heal...
- HSBC picks ICICI Bank, Titan, 8 other stocks to ride a potential $25 billion FII inflow as AI trade volatility loomsHSBC expects India to attract up to $25 billion in foreign equity inflows if global investors rebalance portfolios away from volatile AI-dr...
- US equity funds see inflows as AI optimism revives demand for tech stocksUS equity funds attracted significant investor inflows, reversing prior withdrawals. Renewed confidence in artificial intelligence and stro...
- Nifty trapped in 1,531-point range for 15 weeks. Can global AI unwind bring FIIs back?The Nifty index is approaching a critical juncture after a prolonged consolidation period. Foreign institutional investors are showing earl...
- AI may hurt IT today, but it could create the sector's next growth engine: Baroda BNP Paribas MFAI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund ...
- FPIs reverse 4-month selling trend with Rs 20,200 cr inflow in JulyIn July, foreign investors reversed their selling trend, becoming net buyers of Indian equities for the first time in four months by invest...
- Samsung AI demand drives record chip earnings amid foundry and mobile hurdlesSamsung's semiconductor business achieved record second-quarter performance driven by AI server memory demand. However, its foundry operati...
- Coforge Q1 Results: Profit soars 63% to Rs 519 crore driven by Encora acquisition, AI-led services demandCoforge reported a remarkable 63.3 percent increase in profits for the June quarter, driven by the recent acquisition of Encora and a surge...
- Flipkart's supply chain arm Ekart opens logistics network to external brandsEkart is expanding its logistics network to outside businesses. This includes MSMEs and D2C brands through a new franchise model. The compa...
- Flipkart's Ekart opens pan-India logistics network to businessesEkart, Flipkart's supply chain arm, is opening its logistics network to outside businesses. This expansion utilizes a new franchise model a...
- Mukesh Ambani’s long game: How Reliance could turn a 3-year spending spree into Rs 90,000 crore of free cash flowReliance Industries could generate nearly Rs 90,000 crore in cumulative free cash flow over FY26-FY28 as its heavy investment cycle eases, ...
- Forget selling! FIIs doubled down on this AI multibagger stock that's up 200% YTDHFCL has emerged as a favourite among foreign investors, with FIIs more than doubling their stake to 15.7% in Q1 despite the stock surging ...
- D-St set for a negative opening as GIFT Nifty signals weak startDomestic equities declined as broad-based selling persisted across sectors. India VIX surged, reflecting heightened market volatility and i...
- Global Market: PayPal takeover talks intensify as board mulls improved bidPayPal is reviewing a $53 billion takeover bid from Stripe and Advent International but considers the $60.50-per-share offer too low. Amid ...
- Myntra scales AI integration; cuts seller onboarding time to under two daysMyntra has expanded its AI capabilities, using the technology to speed up seller onboarding, automate catalogue creation, improve personali...
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