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Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towa...- ETMarkets Management Talk| North America, AI adoption and recurring revenues to fuel Newgen's next leg of growth: Tarun NandwaniWhat is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are...
- RSWM, Spain's NDS9 form JV to set up Rs 186 crore premium apparel facilityRSWM Ltd and Noize Design Studio have formed a joint venture for premium apparel. LNJ NDS9 Global Private Ltd will focus on denim and activ...
- Lumax Auto Technologies shares rally 19% after Q1 earningsLumax Auto Technologies shares surged after Q1 profit jumped 83% YoY to Rs 99 crore, while revenue grew 33% to Rs 1,364 crore. EBITDA rose ...
- Cement, bricks and AI: India's $650-billion real estate industry has a new formulaArtificial intelligence is transforming India's real estate sector beyond customer interactions. Developers now use AI for crucial decision...
- Singapore says AI-related demand lifting economyStrong AI-related demand helped the electronics and precision engineering clusters of the manufacturing sector, as well as the machinery, e...
- Aegeus Technologies shares to debut today: GMP signals 11% premium ahead of BSE SME listingAegeus Technologies is set to debut on the BSE SME platform after its Rs 23.71 crore IPO was subscribed nearly 30 times. The latest grey ma...
- Doctors' safety alert led to Sun Pharma eye drop recallSun Pharma recalled eleven eyecare products after an eye specialists' body issued a safety alert. This alert warned about bacterial contami...
- Microsoft could unveil Maia 300 AI chip as early as September: ReportMicrosoft plans to launch its new Maia 300 AI chip this autumn. The company is securing production capacity for over 300,000 chips by 2027....
- Hindustan Copper net rises over 2x in Q1Hindustan Copper Limited announced a substantial profit increase for the first quarter. Total income also saw a significant rise compared t...
- Poland and Baltics shield infrastructure, fearing a Russian false-flag strikeBaltic nations and Poland are increasing security around critical infrastructure. They fear Russia may stage false flag drone attacks to de...
- India’s GCCs trade hefty headcount for specialised talentGlobal Capacity Centres are becoming smaller and more engineering-focused. India's GCC market is projected to reach one hundred billion dol...
- Sony, TSMC to spend $6.3 billion to jointly make image sensorsSony Group and Taiwan’s TSMC plan to invest about 1 trillion yen ($6.32 billion) in a joint venture to manufacture next-generation image-se...
- Global Market: China, Hong Kong stocks rise as strong trade data and AI demand lift sentimentChina and Hong Kong equities advanced on Friday after stronger-than-expected July trade data reinforced confidence in the country's export ...
- M2P raises Rs 100 crore debt from Alteria to fund AI expansionThe three-year facility — M2P’s second debt raise — will largely finance AI product development and computing capacity, cofounder and chief...
- Decoding how AI has transformed professional educationArtificial intelligence is rapidly transforming industries and changing employer demands. Companies now seek professionals combining AI exp...
- US productivity rises faster than expected in second quarterUS worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior per...
- X product head Nikita Bier steps down after one yearAnnouncing the move in a post on X, Bier wrote, "Ladies and gentlemen, it's time to pass the torch and demote myself to my natural state: a...
- Gracenote anchors global AI development in India, unveils MCP server for entertainment discoveryGracenote's India technology center is leading the company's artificial intelligence development efforts. This includes a new Model Context...
- Bharat Electronics Limited, Esri India sign MoU to develop GIS, GeoAI solutions for India's defence sectorBharat Electronics Limited and Esri India have signed a Memorandum of Understanding. This collaboration focuses on defence projects involvi...
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