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Indian online gaming sector faces money laundering threat, warns report

The sector employs around one lakh people and has the potential to to create 2,50,000 jobs by 2025




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India should manufacture its own AI systems: Nvidia’s Jensen Huang

In an interaction with media in Mumbai, Huang said, “Manufacture your own AI. You should not outsource, you should not export data to import intelligence. Don’t wait to jump into this one 20 years later. Enter this one at Ground Zero.”




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Qualcomm bullish on India’s automotive growth, eyes major expansion in auto tech

At the recent Snapdragon Summit, Qualcomm launched the Snapdragon Cockpit Elite and Ride Elite platforms, designed to enhance in-car entertainment and automated driving experiences




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Revolutionising data security: IBM introduces Guardium Data Security Centre with GenAI capabilities

The centre incorporates GenAI features for generating risk summaries and improving productivity among security teams.




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TRAI monthly data: BSNL gains subscribers in August on losses of Airtel, RJio, VIL

The three private players increased their tariffs by 11-25 per cent in July




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Nvidia overtakes Apple as world's most valuable company

Nvidia's stock market value briefly touched $3.53 trillion, while that of Apple was $3.52 trillion, according to data from LSEG




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CMS Info Systems reports 8% increase in consolidated net profit at ₹91 crore

The company said slower consumption, elections and intense rains in the first half (H1) of FY25, which impacted realisations




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Reliance Jio slashes price of JioBharat 4G phone by ₹300 for Diwali

BL Mumbai Bureau Users of JioBharat 4G phones can make unlimited voice calls, get access to over 455 television channels, and 14 GB data at ₹123 per month




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A digital twin holds promise for people with Type 2 diabetes

This model integrates data from various sources, including a continuous glucose monitor (CGM), activity trackers, and a smartphone app where patients log their daily food intake




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Cyient acquires 27.3% stake in Azimuth AI

The investment aligns with India’s initiatives to boost domestic semiconductor innovation and follows Cyient’s establishment of a fully owned semiconductor subsidiary in July 2024




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Shashwat Sharma to take over as MD and CEO of Airtel from January 2026

Gopal Vittal to be Executive Vice-Chairman; Q2 consolidated net profit jumps 168 per cent YoY to ₹3,593 crore




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Airtel Q2 FY25 net profit jumps 168% YoY to ₹3,593 crore

Mobile ARPU increased to ₹233 in Q2 FY25 vs ₹203 in Q2 FY24




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Zebra Technologies aims for double-digit revenue growth from India by next year

Zebra Technologies has expanded its India presence this year, particularly in sales and support functions to serve the growing demand




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Having a data backup is not enough. You should store it at multiple places: Veeam

This rule involves maintaining three copies of data, stored on two different types of storage media, with one copy located offsite




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India key for us to be able to fulfill our AI strategy, says Dell’s Vivek Mohindra

businessline spoke to Mohindra during his recent visit to Mumbai about how Dell is looking at AI developments and the challenges he is seeing on ground when it comes to using AI




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Cognizant’s Synapse skilling initiative impacts 275,000 individuals in its first year

The rapid progress of Synapse comes at a time when there is a growing desire from organisations to train and redevelop talent




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Sealy expands global reach with new manufacturing facility in India

The new factory will produce Sealy’s premium mattresses, including the Posturepedic range, for the domestic market




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Cognizant reports 22% profit jump in Q3, bolstered by health sciences and financial services growth

Revenue also increased by 3% year-on-year, totalling $5 billion




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Apple reports record revenue in India; to launch 4 more stores in the country

Tim Cook calls out record India performance




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Tech giants are set to spend $200 billion this year chasing AI

Executives from each company warned investors this week that their splurge will continue next year, or even ramp up




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India’s Satcom landscape expands as global firms seek market entry

These companies have written to the Telecom Regulatory Authority of India expressing their willingness to launch satcom services in India




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The rise of digital arrest scams: What you need to know

Cybercriminals generally initiate contact through phone calls or emails sometimes. One or two audio calls will be followed by a video call from multiple locations – from an ‘airport’, from the police station, or even from a court




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IT/ITEeS demand for hybrid work model continuation in SEZs beyond Dec 31 being considered: Govt sources

Some units want long-term flexibility but government only open to only periodic extension




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IT sector records positive net hiring from top four firms for first time in two years

Despite this positive trend, industry experts caution that the current demand environment remains uncertain, and graduates have expressed frustrations over delayed joining dates 




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Posidex Technologies eyes US, Middle-East, APAC expansion

“This strategic rebrand aligns with our target to bring our solutions to high-growth international markets, strengthening its position as a leader in customer data management and technology innovation”




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UST opens second delivery centre in Bengaluru 

The new facility is located in Helios Business Park, Kadabeesanahalli




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SaaS can help firms enhance their cybersecurity posture: CyberArk official

Contrary to common misconceptions, SaaS solutions will be helpful in managing complex IT environments, says Rohan Vaidya




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CCI approves acquisition of STT GDC by Ruby Asia and Singtel

This approval comes with certain voluntary commitments that the parties must adhere to




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Indian IT industry confident amid potential Trump return, sees reduced H1B visa dependency

 The U.S. remains the largest market for India’s IT exports, contributing 55% of its $200 billion in IT-BPM exports.




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Tessolve to acquire German chip design company for up to ₹400 crore

It will expand Tessolve’s European operations by adding four delivery locations across Germany and the Netherlands, including a specialized ADAS and imaging centre-of-excellence lab




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Cyient DLM secures 16-year aerospace contract with Honeywell 

The shares of Cyient DLM Limited were trading at ₹644.85 up by ₹11.80 or 1.86 per cent on the NSE today at 1.40 pm




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Deeptech robotics start-up CynLr raises $10 million series A funding

CynLr will now expand its 60-member core team into a 120-member global team




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Satcom spectrum: TRAI sidestepped level field issue with terrestrial services, says Justice Nageswara Rao

His legal opinion, requested by Reliance Jio, highlights TRAI’s failure to invite stakeholder comments on the important issue of creating a level playing field between terrestrial access services and satellite communication networks




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SAP’s India lab fastest-growing and second-largest, says company CEO

The company deepened its investments in the country with the new campus, aiming to create 15,000 new jobs in Bengaluru




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Nxtra to set up a 200 MW data centre in Hyderabad

It will be the company’s biggest DC in the country




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C-DOT, IIT-Roorkee tie-up to develop millimeter wave transceiver for 5G rural connectivity

The project focuses on the development of millimeter wave backhaul technology in which only a small number of small cell-based stations are connected to the gateway through fibre




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Freshworks asks 660 employees to leave as part of ‘global realignment’

The move is expected to result in $11 million to $13 million in charges in the fourth quarter of 2024, consisting primarily of cash expenditure for separation-related payments, employee benefits and related costs




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Indian IT sector lags in global RPE standards, yet digital shift signals growth potential

The Indian IT sector, while traditionally emphasising cost-effective outsourcing, is gradually evolving to enhance RPE and profitability through investments in upskilling and digital innovation




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KPMG in India forms strategic alliance with SecurityBridge to enhance SAP security and compliance

KPMG in India, one of the country’s leading professional services firms, has announced a strategic alliance with SecurityBridge GmbH, a renowned provider of SAP-native cybersecurity solutions. This collaboration aims to enhance SAP security and compliance offerings for clients by integrating SecurityBridge’s cutting-edge technology into KPMG’s comprehensive service portfolio




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Sonata Software optimistic about revenue growth in H2FY25; eyes $1.5 billion revenue by FY27

The company’s international services revenue in the September-ended quarter stood at ₹707.9 crore




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This is naked greed, nothing less: Zoho’s Sridhar Vembu on Freshworks layoff

‘This is why choose to remain private. We put our customers and employees first. Shareholders should come last,’ Vembu




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Google Cloud expands support for early-stage AI Startups with new initiatives, partnerships




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Elon Musk’s broadband ambitions in India: Why Jio and Airtel are feeling the heat

Tech advancements have made it possible for satcom players to offer data services directly to the users’ smartphones, bypassing traditional cellular operators altogether




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Zuckerberg not personally liable in lawsuits over social media harm to children

A US District Judge rejected accusations that Zuckerberg directed Meta's efforts to conceal from children the serious mental health risks of using Facebook and Instagram




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AppLovin CEO once spurned by VC firms now worth $11 billion

Shares of Palo Alto, California-based AppLovin have surged seven-fold this year, giving co-founder Adam Foroughi a net worth of $10.9 billion




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AI agents more effective than GenAI for enterprise productivity: Deloitte study

The study says that GenAI use cases have mostly been limited to standalone applications




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Customers no longer reluctant to adopt AI, says Hitachi Vantara’s Hemant Tiwari

Even non-tech companies have AI requirements. If you’re manufacturing a transformer, a train engine, or a jet engine, AI goes into making them efficient: Tiwari




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Cyient to carve out semiconductor arm in Q1 2025: Ramya Mohan

The new company will primarily focus on four industry segments for its ASIC turnkey offerings – automotive, industrial, telecommunications, and healthcare: Cyient VP




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AI adoption: 74% companies struggle to achieve and scale value, says BCG

Report to assess firms’ AI maturity is based on a survey of 1,000 CxOs and senior executives from over 20 sectors, spanning 59 countries




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Paint your thoughts

Students flocked to The Hindu Young World painting competition held in Gulbarga on June 26.