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Edelweiss added that Snowflake’s pay-as-you-use pricing and separation of compute from storage were central to cutting costs.
Minister Vaishnaw said the models that were selected earlier are progressing 'really well' and he is confident that India will have a model or models by the time the AI Impact Summit gets underway in February 2026.
iValue Infosolutions IPO | The Bangalore-based company will open its Rs 560-crore initial share sale on September 18, and close on September 22.
India is in the midst of a GCC boom, and poised to add another 500 centres by 2030 from around 1,700 at present, potentially creating 9 lakh new jobs.
The facility enhances Rolls-Royce’s operations in India, where it employs over 3,000 people, the majority of whom are based in Karnataka. The workforce includes over 2,000 high-skilled engineers working in-house and through partnerships.
While American multinationals dominate upcoming global capability centres in India, non-US companies, particularly Japanese firms, are expanding at almost twice the pace
Experts have long held that Gen AI revenues are difficult to estimate, ever since Accenture disclosed it, since most deals have a component of the nascent technology
KPIT has been able to cut engineering cycle times by as much as 25-30 percent by deploying AI in validation and testing environments.
The MoU with one of India's leading R&D institution is aimed at helping in the digital transformation of critical public sector services.
Engineering research and development requires sector-specific solutions for industries such as automotive, aerospace, manufacturing and energy. These are also the areas where adoption cycles are slower and results take longer to materialise
The board of the Bengaluru-headquartered company held a meeting on Thursday to consider the proposal
Efficiency remains the dominant driver of Gen AI initiatives, with organisations reporting more than 50% of their expected return on investment already realised.
Approved H-1B petitions for initial employment from the top seven Indian IT firms fell 56 percent to 6,700 in FY2023 from about 15,100 in FY2015.
These cuts have so far happened across Oracle Cloud Infrastructure (OCI) and Oracle Financial Services Software (OFSS) divisions, impacting hundreds of employees.
India is also seeking to run the Council of Administration and the Postal Operations Council of the UPU and is proposing to enhance the global postal community.
The Supreme Court also directed the Single Judge’s Bench of the Bombay High Court to expedite the disposal of the injunction application within six months.
Vaishnaw also said the Centre is engaging gaming industry stakeholders after ban for an orderly transition
A Cognizant spokesperson said the company is complying with the order of the Bombay High Court, while also considering its options for redress and pursue available legal remedies to defend its right.
A clear majority of India's GCCs are actively upskilling their teams for AI, with over 70% of India’s over 1,700 GCCs now tasked with driving their organisation’s global AI mandate.
As part of the agreement, TCS will partner with the company to simplify and standardise operations across its three major markets, Denmark, Sweden, and Norway.
In August, the company had said that it will be giving out increments to around 80% of its employees effective from September 1.
Industry-leading earnings growth and the AI edge should help the stock do well
Parekh added that the Bengaluru-headquartered IT major has built a lot of content and capabilities around AI and the best place to scale up technology is Infosys and India.
Murthy, who has seen many waves of technology disruption, said the one trait that stays through this constant evolution is the ability to learn.
Singh’s FY25 remuneration included salary and allowances worth Rs 62.04 lakhs, perquisites, PF contribution of Rs 16 lakhs, performance linked bonus of Rs 60.7 lakhs and stock options worth Rs 22.25 crores.
