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Bengaluru : India's digital commerce landscape is undergoing a seismic transformation, driven by deep rural internet penetration, explosive growth in Direct-to-Consumer (D2C) brands, and the rapid adoption of Artificial Intelligence (AI) in the retail sector. According to the Made for Bharat, Powered by AI: The New Age of Commerce Report by Shiprocket and KPMG, with 886 million active internet users 55% from rural India and UPI accounting for 84% of all retail digital payments, Bharat is not jus ...Read More >
Bengaluru : AI will reshape the accountancy profession by changing how tasks are completed at all levels. Leading global accountancy body, ACCA (the Association of Chartered Certified Accountants) says that as AI becomes more commonplace, new responsibilities and tasks will emerge for finance teams as they focus on improving controls and specifying the desired information outcomes from machine use. New roles are also expected to support activities ensuring AI systems remain accurate and complia ...Read More >
New Delhi: Tech layoffs are picking up pace once again and Microsoft is the latest to make headlines. The company has reportedly cut over 15,000 jobs across various divisions in several rounds of layoffs. At the same time, it is urging its remaining employees to focus on upskilling in artificial intelligence (AI), with internal messages encouraging them to "invest in your own AI skilling," according to The Information. Microsoft has cut over 15,000 jobs in 2025 through at least four major round ...Read More >
New Delhi [India] July 11: With telecom compliance under increasing regulatory pressure in India, enterprises are re-evaluating the resilience and legality of their contact center infrastructure. In this context, Simple2Call, a US-based Contact Center-as-a-Service (CCaaS) provider, has launched its AI-powered, private cloud-hosted Contact Center Suite (CCS) in India, designed to meet evolving regulatory and operational demands. Also Read | Amira Ishtara Viral Video With Johnny Sins? Archita Phu ...Read More >
Mumbai (Maharashtra) [India], July 10: Uniqus Consultech, a tech-enabled global platform that offers consulting solutions in the accounting & reporting, finance operations, governance, risk, ESG, and technology domains, announced a strategic alliance with Anecdotes, an AI-native governance, risk & compliance (GRC) platform that identifies gaps, strengthens, and scales GRC programs. Also Read | Guru Purnima 2025 Quotes in Marathi for Free Download Online: Send Guru Purnima Shubhechha Images to G ...Read More >
New Delhi [India], July 10 (ANI): The Public Works Department (PWD) cancelled the tender for renovation of Chief Minister Rekha Gupta's official residence on Wednesday. PWD cancelled the tenders for the renovation of Bungalow Number 1, including replacement of electrical wiring, fittings & fixtures and execution of various miscellaneous electrical works. Also Read | Volkswagen Reports Electric Vehicles Sales Surge in 2025. AAP Delhi President Saurabh Bharadwaj questioned the sudden cancellati ...Read More >
BANGALORE, INDIA - Media OutReach Newswire - 9 July 2025 - Arrow Electronics, a global provider of technology solutions, today announced the launch of its new Engineering Solutions Center(ESC) in Bangalore, India. This expansion reinforces Arrow's commitment to making critical technologies such as AIoT, edge computing, intelligent sensing more accessible, while strengthening the engineering capabilities of domestic technology manufacturers across key sectors including industrial, automotive and ...Read More >
BANGALORE, INDIA - Media OutReach Newswire - 9 July 2025 - Arrow Electronics, a global provider of technology solutions, today announced the launch of its new Engineering Solutions Center(ESC) in Bangalore, India. This expansion reinforces Arrow's commitment to making critical technologies such as AIoT, edge computing, intelligent sensing more accessible, while strengthening the engineering capabilities of domestic technology manufacturers across key sectors including industrial, automotive and ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent mu ...Read More >
Bengaluru: In an exclusive interview with TOI, WNS Group CEO Keshav Murugesh discusses how Capgemini's acquisition of WNS is a move to prepare for a future that requires combining business process understanding with new-age technologies, allowing outsourcers to address a far larger portion of clients' businesses.How do you see the synergies playing out in this deal, especially with all the changes AI is bringing to the tech space?Both companies are approaching this from a long-term perspective. ...Read More >
New Delhi: There is a golden opportunity for the youth who are planning a career in toy design. If you want to step into the world of innovation and technology through toys by giving shape to your imagination, then for such students, Guru Gobind Singh Indraprastha University (IP University) has started a four-year undergraduate course in Toy Design and Development (B Des) from this academic session. This course was discussed in the opening ceremony of the 16th Toy Biz International B2B Exhibiti ...Read More >
NEW DELHI: ED on Friday said it has attached properties worth Rs 34 crore linked to Kannada actor Ranya Rao and her associates in its ongoing gold smuggling and money laundering case.The case had assumed significance after the actor claimed proximity to a Karnataka home minister G Parameshwara. Premises of the latter were searched by ED in May in connection with the money laundering case.Later, ED shifted its investigation into the gold smuggling case from Bengaluru to its headquarters in Delhi. ...Read More >
Pune: Space limitations in major cities are driving a gradual shift towards elevated and high-rise car parking solutions.Modern technology now offers several advanced options beyond the traditional elevated parking commonly found in residential complexes.Project requirements dictate the choice of design, with options including the chess set pattern, aisle pattern, and rotary pattern, among others. While most people still prefer conventional ground-level parking, the severe space constraints in c ...Read More >
New Delhi [India], June 25: In today's tech-driven world, businesses are embracing AI to organize operations, improve customer experiences, and unlock new revenue opportunities. As demand soars, choosing the right AI partner becomes important. According to recent reports, the global AI market is projected to reach $407 billion by 2027, driven by innovation and enterprise adoption. There are 12 AI development companies driving innovation, enhancing operational efficiency, and enabling organizati ...Read More >
LONDON and NOIDA -- HCLTech, a global technology leader, and Equinor, Europe's largest energy supplier and a pioneer in renewables and low-carbon solutions, have expanded their IT collaboration to support the next phase of Equinor's digital transformation. This expanded relationship will cover Equinor's IT landscape across several key strategic areas. HCLTech will support Equinor as it accelerates its digital transformation by: Accelerating its cloud migration and standardizing services across ...Read More >
Mumbai, July 2: TikTok is reportedly planning to announce another round of layoffs, affecting e-commerce team staff from the global workforce. The TikTok layoffs will reportedly be announced due to 'organisational and personnel changes'. The company shared a memo with its employees, citing the same reason and hinting at possible layoffs. TikTok has announced several rounds of layoffs this year for various reasons. TikTok is banned in India, but it has been struggling in the US. Recently, US Pre ...Read More >
New Delhi, July 2: India's Tier-2 cities are continuing to emerge as key engines driving the nation's employment growth, according to a report on Wednesday that showed that hiring for the IT sector surged by 53 per cent in smaller cities. The report, by job platform foundit, showed that the overall national hiring held steady month-on-month (0 per cent) and grew by 20 per cent year-on-year. But Tier-2 markets have surged ahead, growing 28 per cent YoY and outpacing the national average significa ...Read More >
VMPL Hyderabad (Telangana) [India], July 1: In a world where AI often feels overhyped or out of reach, MetaNova AI is engineering intelligent solutions that plug into real business workflows and deliver results within days. MetaNova AI is an Indian AI company based out of Hyderabad, backed by a team with decades of combined experience across India, the USA, UAE, and the EU. Together, they're building a growing AI ecosystem powered by intelligent agents that seamlessly automate processes and st ...Read More >
New Delhi, Jun 30 (PTI) Individual investors Paresh Mohanlal Parekh and Vijay Mohanlal Parekh divested a total of 6.02 per cent stake in Jyoti CNC Automation for Rs 1,489 crore through open market transactions on Monday, the exchange data showed. According to the bulk deal data on the NSE, Paresh and Vijay Parekh offloaded 68.50 lakh shares each of Gujarat-based Jyoti CNC Automation. The transaction was executed in the price range of Rs 1,087.01-1,087.45 apiece, taking the deal value to around ...Read More >
New Delhi, Jun 30 (PTI) Individual investors Paresh Mohanlal Parekh and Vijay Mohanlal Parekh divested a total of 6.02 per cent stake in Jyoti CNC Automation for Rs 1,489 crore through open market transactions on Monday, the exchange data showed. According to the bulk deal data on the NSE, Paresh and Vijay Parekh offloaded 68.50 lakh shares each of Gujarat-based Jyoti CNC Automation. Also Read | Maharashtra Chakka Jam on July 01: Transport Operators Threaten Indefinite Strike From Tuesday Over ...Read More >
New Delhi, June 30 (SocialNews.XYZ) The launch of Ericsson's manufacturing unit demonstrates global confidence in India's capabilities and the country's growing confidence in its future, Union Communications Minister Jyotiraditya Scindia said on Monday. Inaugurating Ericsson's state-of-the-art antenna manufacturing facility at VVDN's Global Innovation Park in Manesar, Haryana, the minister said this is more than the launch of a manufacturing unit -- it marks the birth of a facility that will po ...Read More >
BENGALURU - Altimetrik, a pure-play AI, Data and Digital engineering solutions company, today announced the signing of a definitive agreement to acquire SLK Software ("SLK"), a global technology services firm focused on delivering AI, intelligence automation and analytics solutions. The acquisition will further strengthen Altimetrik's end-to-end enablement services and expand its customer reach, with a clear path to accelerate towards Altimetrik's goal of reaching $1billion in annual revenue. Th ...Read More >
Bengaluru: Digital engineering solutions company Altimetrik is acquiring Bengaluru-based SLK Software to accelerate its goal of reaching $1 billion in annual revenue. The transaction remains subject to customary closing conditions and is expected to close in the second half of this year. Financial details were not disclosed.Founded in 2000, SLK Software is a technology services provider focused on bringing AI, intelligent automation, and analytics together to create tech solutions for customers. ...Read More >
PATNA: RJD leader Tejashwi Yadav on Sunday claimed that the ruling NDA in Bihar was "on its way out", and the new government in the state led by the Mahagathbandhan will "consign to dustbin" the Waqf Act brought by the Narendra Modi dispensation at the Centre. The young leader addressed a 'Save Waqf, Save Constitution' rally, held at the historical Gandhi Maidan here, where leaders from various political parties had turned up, wearing black bands as a mark of protest. The former deputy chief m ...Read More >
Mumbai, June 29: A Reddit user posted on the platform that he pretended he was still employed after being laid off to land another job. He explained how he was laid off five months ago, and since then, he has tried to show he was still working. Reddit explained how doing this landed him a better job. The Reddit post explored what happened, why he was laid off and what made him pretend he was still employed at the same company. The post made by Reddit user called "VelvetViiibes" got over 26,000 ...Read More >
New Delhi [India], June 29 (ANI): As high as 82 per cent of micro and medium retailers want to adopt digital streams to boost their sales, but offline marketplaces remain their preferred channel, showing their strength. According to a survey report by the global technology firm Zoho Corporation, six out of ten Micro, Small and Medium Enterprises (MSMEs) stated that they have adopted an omnichannel selling strategy, operating in both online and offline channels, with the majority (75 per cent) o ...Read More >
Visakhapatnam: In a significant boost to Vizag's growing scientific stature, the Andhra Pradesh MedTech Zone (AMTZ) placed the city on India's science and technology map, said MD and Founder CEO of AMTZ Dr. Jitendra Sharma. Sharing the Vizag Science and Technology Cluster's broader mission, Dr. Jitendra Sharma said, "The Vizag S&T Cluster is a catalyst for convergence -- linking science, industry, and innovation. We're translating this synergy into self-reliant healthcare solutions that advance ...Read More >
Chennai/New Delhi, June 27 (UNI) The CBI conducted nation-wide raids at 42 locations in five states and arrested nine people in connection with Mule Bank Accounts being used in Cyber frauds. In continuation of its on-going efforts to combat Cyber Crime and Digital Arrest Scams, the CBI acting on specific information and after verification launched coordinated searches at 42 locations across five States--Rajasthan, Delhi, Haryana, Uttarakhand and Uttar Pradesh--as part of the Operation Chakra ...Read More >
New Delhi, Jun 27 (PTI) Around 70 per cent of startups covered in a survey have started leveraging artificial intelligence for core business functions, social media major Meta said in a report on Friday. The Meta Emerging Businesses Report prepared by professional services firm Alvarez & Marsal, India covered insight based on survey of 100 high growth Indian startups. "More than 70 per cent of startups are integrating it into their business operations. In marketing alone, 87 per cent of AI ado ...Read More >
New Delhi [India], June 27: Poonawalla Engineering Group, part of the Poonawalla Group, has been through a remarkable transformation as a result of Yohan Poonawalla's dynamic leadership. The group, which consists of Intervalve Poonawalla Ltd and El-O-Matic India Pvt Ltd, have expanded their global presence by manufacturing various types of valves such as: Ball, gate, globe valves and dual-plate check valves, in addition to Scotch-yoke actuators. These goods have applications in numerous heavy i ...Read More >
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