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TECHNOLOGY SECTOR
Majority of Indian firms face persistent external disruptions: ReportIndian businesses face talent challenges due to external disruptions. Climate shocks, infrastructure issues, and health outbreaks are affec...- Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike saysChina-linked hackers presented the largest espionage threat to technology firms in the past year. This surge coincides with significant inv...
- Geopolitical shifts to boost indigenous tech, five-fold jump in job creation in defence sector: SurveyIndia's defence sector is set for major growth. Indigenous technology adoption will surge, reaching USD 36.45 billion in three years. This ...
- H-1B filings rise at OpenAI, Anthropic and Nvidia as companies expand overseas recruitmentAI firms OpenAI, Anthropic, and Nvidia are boosting H-1B visa applications. This comes as they compete for specialized talent. Other major ...
- Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
- GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...
- US stocks: S&P 500, Nasdaq end up as tech, chipmakers reboundU.S. stocks largely rose Monday, with the Nasdaq and chipmakers leading the gains as investors sought bargains after Friday's selloff. Reli...
- TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...
- Analysts lift bets on India Inc after strong March quarterAnalysts have upgraded earnings estimates for a majority of NSE 500 companies following better-than-expected profit growth in the March 202...
- America’s formula for attracting Indian tech talent is hard to copy, but nations are still tryingDespite growing global competition, United States continues to be the top choice for Indian tech professionals. This enduring appeal stems ...
- Kuwait launches online visa service for domestic workers, drivers; revises sponsorship rulesKuwait has introduced a new digital service for managing domestic workers and drivers. Citizens and expatriates can now use the Sahel app f...
- India’s AI gap keeps global investors away, but valuations are turning attractive: Punita Kumar SinhaIndia is currently sidelined from the global AI investment boom due to its lack of semiconductor manufacturing. While the Indian IT sector ...
- Global Markets: Japan's Nikkei eases further from record high as AI euphoria fadesJapan's Nikkei index saw a dip on Friday, pulling back from its record high. Technology stocks experienced a slowdown. However, positive da...
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
- Job cuts in U.S: Lay offs total over 97,000 in May, highest in six years. Check what is disrupting jobs marketLay offs in the U.S. continue to make headlines as job cuts in the country were estimated highest since 2020.
- US Stock Market: AI-fuelled tech rally raises concerns over growing market concentrationU.S. technology stocks have surged to unprecedented market influence, driven by AI enthusiasm and now comprising over 39% of the S&P 500's ...
- AI-proof career in India? IIT engineer says this profession can earn lakhs a month and remains AI-resistantAn IIT graduate's Reddit post ignited a discussion on career stability. He argued that medicine offers more security than engineering, citi...
- IT sector entering a new growth phase, says Sandip Agarwal; sees strong earnings upside aheadIndia's IT sector is poised for an earnings recovery, shifting from hardware-centric AI investments to software and services. Market expert...
- India's Startup Safari in UK to tap into innovation tie-upsIndian startup leaders are in the UK this week to boost AI and technology partnerships. The Startup Policy Forum's 'UK Startup Safari' aims...
- U.S. equity funds draw weekly inflows as tech rally lifts sentimentAccording to LSEG Lipper data, investors bought a net $1.97 billion of U.S. equity funds, compared with a net $12 billion of selling in th...
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