BUSINESS
Davos 2024: Clients charged up about Gen AI, says Infosys CEO Salil Parekh
Parekh said big programs on generative AI will start flowing in whenever the economic environment improves
TECHNOLOGY
Davos 2024: PM Modi’s successful foreign policy will make India major semiconductor destination in 5 years, says Ashwini Vaishnaw
In an interview with Moneycontrol, Minister for Electronics and Information Technology Ashwini Vaishnaw said that the government will be investing in developing AI computing power and making it accessible to startups and MSMEs.
BUSINESS
Davos 2024: Support CEO Thierry Delaporte unequivocally, see signs of greenshoots, says Wipro's Chairman Rishad Premji
Premji said order bookings in the consulting business, which is a lead indicator of discretionary spending, was decent in Q3 and indicative of greenshoot in demand
TECHNOLOGY
Davos 2024: Japanese Monetary Authority to adopt India's digital payment models says Ashwini Vaishnaw
The UAE, Bhutan, and Nepal have already adopted the UPI payment system and NPCI International is in talks to extend the UPI services in the US, European countries, and West Asia.
TECHNOLOGY
Davos 2024: India's debt management wins praise from investors, says Ashwini Vaishnaw
Minister for Electronics and Information Technology Ashwini Vaishnaw said that that the belief among the investment community was that India will grow at a 6-8% over the decade
TECHNOLOGY
Davos 2024: Going forward India will have stronger regulations on deepfakes, says Ashwini Vaishnaw
With General Elections around the corner, IT Minister Ashwini Vaishnaw said that the government will work on the existing framework to tackle deepfakes.
TECHNOLOGY
Davos 2024: India to be fastest growing G20 economy, will drive global growth, says OECD chief
Prime Minister Modi has been an inspirational leader for India, OECD secretary general Mathias Cormann says
TECHNOLOGY
Davos 2024: India's semiconductor policy is absolutely right, says Ashwini Vaishnaw
After holding a series of meetings at WEF, Minister for Electronics and Information Technology Ashwini Vaishnaw said that leaders in the semiconductor ecosystem highly appreciate India's framework.
TECHNOLOGY
Davos 2024: Next set of discretionary spending will be driven by areas making AI more productive, says HCLTech CEO Vijayakumar
After beating its own operating margin guidance of 18-19% in Q3, Vijayakumar said that it will start normalising in Q4.
TECHNOLOGY
Davos 2024: Atal Setu Sea Link will increase connectivity in Mumbai, says HCC's Ajit Gulabchand
Hindustan Construction Company MD Ajit Gulabchand said that road infrastructure has picked up in Maharashtra with both Centre and state government increasing efforts.
BUSINESS
Davos 2024: India is a bright spot amid global geopolitical concerns, says Sunil Mittal
In an interview with Moneycontrol, Bharti Enterprises chairperson Sunil Mittal expressed hope that citizens would begin to experience the benefits of 5G technology, particularly in areas such as healthcare, in 2024
TECHNOLOGY
Davos 2024: 65% of employees working from office 3-5 days a week, says TCS CEO K Krithivasan
TCS CEO K Krithivasan expressed confidence that most employees will be back in the office in the next couple of quarters.
BUSINESS
Davos 2024: Have about 170 proof of concepts for Gen AI, says HCLTech chairperson Roshni Nadar Malhotra
On partnering Taiwan's Foxconn for chip packaging and testing facility, Malhotra tells Moneycontrol it is early days and the location is yet to be chosen
BUSINESS
No crackdown on unsecured loans, recent actions pre-emptive in nature: RBI Governor Das
The central bank on November 16 said that it has increased risk weight by 25 percent on consumer credit exposure of commercial banks and non-banking finance companies (NBFCs).
BUSINESS
Davos 2024: Budgets are no more sacrosanct, customers are recalibrating, says TCS CEO K Krithivasan
Krithivasan said that he is more optimistic about FY25 compared to FY24.
BUSINESS
Davos 2024: Apollo Tyres to go capex light, focus on internal consolidation using AI
The firm has set up two innovation hubs in London and in Hyderabad, where it is analyzing machines and plants and equipment, all the data is now real-time in cloud
BUSINESS
Davos 2024: Cash-strapped Vodafone Idea needs 'serious capital', says Sunil Mittal
Bharti Enterprises chairperson Sunil Mittal also termed a few OTT companies "guzzlers of network" and called for fair contribution for network consumption from them
BUSINESS
Davos 2024: Ram Mandir, reflection of India's goodness; plan to be in Ayodhya on Jan 22, says Sunil Mittal
Bharti Enterprises chairperson Sunil Mittal urged everyone, across religions, to take part in the consecration ceremony of the Ram Temple in Ayodhya scheduled to take place on January 22
BUSINESS
Davos 2024: Sunil Mittal says 3rd term for Modi govt looks likely, pitches for business continuity
Bharti Enterprises chairperson Sunil Mittal said that India does not have be 'sold' anymore and that, people are instead attracted to the country, in terms of investment and wanting to do business in India.
TECHNOLOGY
Davos 2024: No exclusive incentive scheme for Tesla to make in India, says DPIIT Secy
DPIIT Secretary Rajesh Kumar Singh says that India's digital public infrastructure enables it to leverage huge volumes of data to train AI models
BUSINESS
Davos 2024: From Ikea to Mastercard, here’s why global leaders believe India is a bright spot
Despite an air of pessimism prevailing among policymakers and global corporate leaders due to ongoing geopolitical risks, inflationary pressures, and rising interest rates, many have highlighted the underlying fundamentals that favour India's growth.
TECHNOLOGY
Davos 2024: YouTube will be 'incredibly vigilant' in combating deepfakes, says Neal Mohan
The YouTube CEO's comments come ahead of a busy election season in India and several other countries, where governments are formulating strategies to regulate deepfakes and other AI-generated content
TECHNOLOGY
Davos 2024: Tamil Nadu's workforce unmatched, will take time for other states to catch up, says minister Rajaa
The 47-year-old minister said they aim to create high-end, high-value jobs for the youth in Tamil Nadu and generate employment opportunities for rural women, extending growth to every corner of the state.
BUSINESS
Davos 2024: India’s digitisation, financial inclusion efforts benefiting SMEs, says Ling Hai of Mastercard
Ling Hai, President, International Markets at Mastercardsaid there is a lot of optimism about India globally, with fundamentals like easing inflation, rising spending power, exports, service sector, and people's confidence driving economic growth
