Economic Times
For the April-June 2024 period, the company reported a 12.78% decline in net profit to Rs 332.93 crore for Rs 381.75 crore from a year ago. On-quarter
According to industry executives, the consolidation is being driven by the fact that smaller companies often offer unique propositions and specialisat
Senior officials from the ministry of electronics and information technology met industry executives from big tech companies, startups and some indust
As per sources, ONDC facilitates 60,000 orders per day in the food domain, capturing 3% of the total order volumes managed by Swiggy and Zomato across
A strong revenue expansion of 3.7% YoY during the period prompted the second-largest software exporter to forecast growth of 3-4% for FY25 against its
MMLU is a textual intelligence and reasoning benchmark used to evaluate the capabilities of language models. A higher MMLU score signifies it can unde
Persistent Systems' revenue from operations rose 17.9% YoY to Rs 2,737.17 crore as compared to Rs 2,321,17 crore in the same quarter the previous year
L&T Technology Services’ revenue declined 3% sequentially to Rs 2,461.9 crore in the Q1. On a year-on-year basis, the revenue was up 7%. Operating m
IT major Infosys logged a rise in profits for the first quarter of FY25. This and more on today’s ETtech Top 5.
Xiaomi led the market with an 18% share and 6.7 million units shipped, reclaiming the top position after six quarters. The global tech market analyst
Sequentially, Tata Technologies' net profit rose 3.04% from Rs 157.24 crore in the preceding quarter ending March 2024. Revenue from operations for th
Edtech firm Byju's has moved the National Company Law Appellate Tribunal against the recent order of NCLT. The company is seeking an urgent hearing on
Venture capital firm Promaft Partners has raised its first fund of Rs 1,000 crore, with a greenshoe option of Rs 200 crore. Promaft has been launched
Total employees at Infosys for the period ending June stood at 315,332 as compared to 317,240 in the March quarter. The employee count declined by 20,
Lenskart, an omnichannel eyewear retailer, raised $20 million from founders and investors. Peyush Bansal led the funding round with an investment of R
Target, one of the biggest retailers in the US, is bringing generative AI to its operations by introducing Store Companion, a chatbot trained on ChatG
Karnataka chief minister Siddaramaiah said in a post on X, “The bill approved by the cabinet to provide reservation for Kannadigas in private sector
The antitrust body said Google presented its request for users' consent in a way that could limit their freedom of choice, by inducing them to agree t
Wazirx security breach: Indian crypto exchange WazirX said in a post on X (formerly Twitter), "We're aware that one of our multisig wallets has expe
AI drone development in Ukraine is broadly split between visual systems helping identify targets and fly drones into them, terrain mapping for navigat
