Economic Times
Can a slew of attractive sops from
the state government and a competitive workforce turn Chennai into a hub for GCCs, positioning the state as a hea
Apple integrates AI features into data centres and new iPad Pro. Meta launches enhanced generative AI tools. OpenAI joins C2PA steering committee. US
Investors like Titan Capital are shifting focus to Gen Z brands, moving away from traditional brands. This trend is visible in brands such as Perfora,
Meta's board upheld removing Facebook posts calling for multiple votes in an indigenous rights referendum due to unclear voter fraud rules. Australia
Biden administration takes steps to safeguard U.S. AI from China and Russia by regulating advanced models. Concerns arise over deepfakes, misinformati
TikTok introduces Content Credentials to label AI content amid U.S. election concerns. Tech coalition fights AI misuse. TikTok expands labeling to ext
D2C brands, primarily online-first, consider expanding to offline stores as Indian retail market grows to $2.2 trillion by 2030. Reports highlight the
Increasing number of large startups across sectors looking to shift from US, Singapore
Wipro Hydraulics acquires Mailhot Industries, expanding into new markets and strengthening its global presence. The acquisition enhances capabilities
TCS employee on Reddit suspended for whistleblowing security incident involving personal laptops and shared login credentials. Allegations include pre
Venturi Partners acquired a 5.12% stake in K12 Techno Services from Navneet Learning, operating Orchids international schools. The firm invests from i
Bengaluru-based insurtech startup Go Digit General Insurance has announced that its IPO will open on May 15 and close on May 17. This and more in toda
Digit's upcoming IPO on May 15 aims to raise Rs 1,125 crore, delayed by Sebi compliance issues. Valued at $4 billion, Digit faced fines from IRDAI. Wi
Infosys partners with ABB FIA Formula E as digital innovation partner, aiming to engage 500 million fans by 2030. The collaboration focuses on fan eng
Paytm introduces auto-rickshaw booking on its app through ONDC and Namma Yatri for users in NCR, Bengaluru, and Chennai. ONDC tab includes food, groce
Infosys, AEEE, and IIHS collaborate on 'ASSURE' to decarbonize India's commercial building sector, aiming for 100 million sq. ft. of high-performance
Byju's reduced course fees by 30-40%, raised incentives by 50-100%, shifted to a pull-based sales model, and lowered annual subscription costs for the
India delays market share caps for digital payments, benefiting PhonePe and Google Pay. NPCI extends UPI market share cap deadline. PhonePe's UPI shar
NPCI appoints Benjamin Ambrose as CISO and Pravin Kumar as CMISO to enhance security and compliance. Formerly from Amazon and Citibank, they strengthe
Ride-hailing platform Uber reported $654 million loss on global revenue of $10.13 billion for the January-March 2024 quarter. The company's mobility b
