5+ hour, 33+ min ago   (533+ words) IT services giant HCLTech has reported $876 million in advanced AI revenue for the July-September quarter growing 72 percent year-on-year in constant currency, contributing significantly to the company’s overall business growth in Q2. Sequentially advanced AI revenue was up by 28 percent QoQ in…...

6+ hour, 59+ min ago   (356+ words) HCLTech added 6,136 freshers in the September quarter, with about 15 percent of new recruits placed in its elite engineer category as the IT services company builds a talent pipeline for specialised forward-deployed engineering roles that combine artificial intelligence (AI) engineering with…...

6+ hour, 28+ min ago   (324+ words) HCLTech does not expect the US government's suspension of the permanent labour certification programme, known as PERM, to have a material impact on its workforce plans or client engagements, citing the small number of applications it has filed in recent…...

4+ day, 11+ hour ago   (236+ words) The Indian government on October 7 released a request for empanelment (RFE) for the long-term procurement of 10,000 AI GPUs with assured usage for five years, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said. In simple terms, the government is…...

12+ hour, 54+ min ago   (696+ words) Equity markets investing firm Raise Financial Services has spent close to Rs 50 crore on graphics processing units (GPUs) to power its artificial intelligence (AI) initiatives, Alok Pandey, co-founder and CTO, told Moneycontrol in an interaction. The company has deployed NVIDIA…...

6+ hour, 33+ min ago   (489+ words) Just In: RDI Fund selects 19 fund managers, commits Rs 7,131 crore. One quick thing: Nazara founder Nitish Mittersain to step down as MD; Mithun Sacheti becomes executive director. India’s festive shopping carts are filling up, but the big-ticket items are refusing…...

9+ hour, 7+ min ago   (350+ words) India's third-largest IT firm HCLTech has revised its FY27 full-year revenue growth guidance to 2.5- 4 percent year-on-year in constant currency (CC) terms, increasing the estimate it the lower end from 1-4 percent previously, driven by consequent quarters of a strong order book. The Noida-headquartered…...

8+ hour, 57+ min ago   (296+ words) Homegrown sports and fitness brand Boldfit has raised Rs 400 crore from The Wealth Company Alternates’ Bharat Value Fund in a Series B funding round, as it looks to scale its business across sportswear, footwear and fitness equipment. Founded in 2018 by…...

14+ hour, 17+ min ago   (346+ words) Apple has rolled out festive offers across its iPhone, Mac, iPad, Apple Watch and AirPods portfolio in India, including up to Rs 15,000 in instant cashback and up to 12 months of no-cost EMI on select products, alongside the launch of a…...

9+ hour, 50+ min ago   (384+ words) As artificial intelligence becomes more advanced, Microsoft CEO Satya Nadella has warned businesses against blindly trusting AI models, highlighting the security risks of granting them access to sensitive systems without adequate safeguards. In a lengthy post on X on Saturday,…...