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Internet / The Hindu Businessline

Another class action suit against Infosys McCamish for 2023 cybersecurity incident

McCamish had originally experienced the cybersecurity incident resulting in the non-availability of certain applications and systems in November 2023

27 Jul 2024 10:24 am
Microsoft-backed OpenAI launches AI search engine to rival Google

Currently, the prototype is accessible to only a small group of users, but the company plans to integrate its capabilities into ChatGPT in the future

26 Jul 2024 7:23 pm
Cyient DET profit down by 17% at 141 cr

Revenue fell to 1,414 crore, registering a fall of 3.6 per cent

26 Jul 2024 6:03 pm
ServiceNow ventures arm invests in Prodapt

Prodapt will promote the Now platform to expand business transformation and leverage learnings across clients

25 Jul 2024 7:13 pm
Companies may have to send itemized consent notices to every user under data protection rules

An industry expert said while this is good for the consumers, compliance cost on companies may go up drastically

25 Jul 2024 6:59 pm
Tech M net profit up 23 per cent at 851 crore in first quarter

Margins up by 1.9 percentage points at 12 per cent in the quarter

25 Jul 2024 6:54 pm
Global IaaS market grows by 16.2% in 2023, reaches $140 billion

Data sovereignty, Gen AI boost Infrastructure-as-a-Service public cloud services market; to drive SaaS market too

25 Jul 2024 12:08 pm
Tech Mahindra Q1 preview: Muted revenue expected due to seasonal weakness

Tech Mahindras revenue is expected to decline 1.6% y-o-y in Q1 while sequential revenue growth is seen anywhere between 0.3-0.9%

25 Jul 2024 10:25 am
Asteria Aerospaces cloud platform to enhance drone data management

The cloud platform delivers secure, centralised drone data management with intuitive visualisation, collaboration, and reporting tools

25 Jul 2024 9:42 am
Pega internships to address AI skills gaps

The programme will take over 100 engineering graduates and expose them to advanced Pega software skills

23 Jul 2024 9:03 am
HCLTech CEO the highest paid in Indian IT industry

With a base salary of $1.96 million, Vijayakumar, who took over as the CEO in 2016, is the highest paid among Indian IT services companies CEOs for the year

23 Jul 2024 8:58 am
Despite slowdown in tech spends, IT deal pipeline robust in Q1

Top 4 players TCS, Infosys, HCL and Wipro added $8.3 billion, $4.1 billion, $1.96 billion and $ 1.2 billion to their order book respectively

22 Jul 2024 10:47 pm
Economic Survey: Export of smartphones rises steadily to touch 31% of total output in FY24

Says PLI scheme in 2020 led to an increase in the ratio of exports

22 Jul 2024 10:22 pm
Economic Survey 2023-24: Overuse of internet and social media fuelling mental health crisis

The Survey raises concern about the negative economic impact of such cases

22 Jul 2024 7:09 pm
MediaMint Founder-CEO steps down to make way for Rajeev Butani

Aditya Vuchi to continue to serve on the Board

22 Jul 2024 6:23 pm
Around 8.5 million Windows devices affected by CrowdStrike outage

Last week, a simple update conducted by Microsofts cybersecurity partner, CrowdStrike impacted IT systems globally including India where several businesses and individuals reported that their Windows devices had crashed and were unable to reboot

21 Jul 2024 9:18 pm
Flights, banks, companies face disruption due to massive Microsoft outage

Microsoft blames its cybersecurity partner CrowdStrike for the global outage

19 Jul 2024 9:09 pm
Global internet outage leads to chaos at airports, flight delays

Airlines resorted to manual check-in process to keep the schedules running

19 Jul 2024 8:15 pm
Bigbaskets BB Matrix to expand SaaS supply chain solutions globally

The strategy aims to help e-commerce firms optimise supply chains with a suite of SaaS products, including warehouse, transportation, and order management systems

19 Jul 2024 7:50 pm
Experts seek localisation guardrails after Microsoft outage

Kotak811s Jay Kotak calls for more guardrails against global tech stacks; Economist Sanjeev Sanyal says a less interconnected system may appear inefficient but will be more resilient

19 Jul 2024 7:46 pm
Windows OS dominance amplifies impact of Microsoft outage

The outage underscores the heavy reliance on major tech companies and the need for diverse IT infrastructure.

19 Jul 2024 6:52 pm
How to survive an outage like this

Cybersecurity experts call for testing updates in simulator; granular roll out of security updates

19 Jul 2024 6:37 pm
Reliance Jio reports 2% sequential rise in Q1 net profit

The operating profit margin slightly increased to 26.7%, while the net profit margin remained flat at 17.5%

19 Jul 2024 5:55 pm
Microsoft outage: CrowdStrike CEO rules out cyberattack

Windows10 users around the world saw their systems crash owing to an update on CrowdStrike

19 Jul 2024 4:14 pm
Wipro Q1 results: Net profit rises 4.6% to 3,003 cr, revenue declines 3.8%

Wipro expects its IT Services revenue for the September quarter to range between USD 2,600 million and USD 2,652 million, reflecting a sequential guidance of a (-) 1.0% to +1.0% change in constant currency terms

19 Jul 2024 4:09 pm
Ashwini Vaishnaw: In contact with Microsoft over global outage

The Indian Computer Emergency Response Team (CERT-In) issued a technical advisory to address the issues related to the update.

19 Jul 2024 3:54 pm
Indkal Technologies eyes 2,000 crore turnover with Acer smartphone launch

The phones priced between 15,000 and to Rs 50,000 aim to market themselves as affordable options for the Indian audience

19 Jul 2024 3:37 pm
Nazara Technologies acquires additional 48.42% stake in Paper Boat Apps for 300 crores

Paper Boat Apps is the developer and publisher of popular childrens digital gamified learning app Kiddopia which is the #3 grossing app for children between 2-8 years of age in the US

19 Jul 2024 1:13 pm
CrowdStrike outage hits Windows PC users globally

Crowdstrike has acknowledged the error and said its engineers were working to resolve the issue

19 Jul 2024 12:36 pm
IT hiring in limbo even as tech spends expected to return

Anticipating more business, Indian IT industry is hiring more associates in the first quarter of FY25

18 Jul 2024 10:31 pm
L&T Technology Services reports 1% growth in Q1 profit due to lower margins

The engineering services arm of L&T had reported a net profit of 311 crore in the year-ago period

18 Jul 2024 10:10 pm
Ankur Yatra to identify, promote rural innovation in AP, Telangana

A large number of entrepreneurs and investors from different countries will arrive in Amaravati on September 30 and interact with Andhra Pradesh Chief Minister N Chandrababu Naidu on October 1

18 Jul 2024 9:55 pm
Apple is in talks to license more films from Hollywood to bolster Apple TV+ streaming service

Apple has spoken to several of the largest studios about acquiring more programming from their libraries to offer customers both in US and abroad, say sources

18 Jul 2024 9:10 pm
Infosys beats expectations with strong Q1 performance, ups growth guidance to 3-4%

Posts 6,368-crore profit in Q1, revenue rises 2.5% to 39,315 crore

18 Jul 2024 8:23 pm
Infosys Q1 net profit surges 7.1% to 6,368 crore

Infosys, has exceeded quarterly revenue estimates with a 3.6 per cent surge, reaching 39,315 crore

18 Jul 2024 3:51 pm
byteXL raises $5.9 m in Series-A round

byteXL said it would use the funds to expand its team to support its expanding operations to improve the existing products and develop new digital tools and technologies

18 Jul 2024 6:00 am
Google unveils plans for Indian developers and start-ups at Bengaluru I/O connect

Google claims to be democratizing AI for developers by focusing on three key areas - multimodal, multilingual, and mobile

17 Jul 2024 9:52 pm
LTIMindtree Q1FY25 results: Net profit down by 1.5%; revenue surges 5%

The management attributed the increase in revenue to the ramp-up in deals seen in previous quarters

17 Jul 2024 8:16 pm
Vodafone Ideassubscriber loss widens despite successful fundraising efforts

In May, Vi lost 9.2 lakh wireless subscribers, up from 7.3 lakh in April and 6.8 lakh in March. This trend may continue as Vis 20% tariff hike in July could prompt more cancellations.

17 Jul 2024 5:43 pm
Kore.ai launches GenAI tool for business

Kore.ai launches GALE tool for AI app development, GenAI adoption

17 Jul 2024 1:32 pm
Results curtain raiser: Analysts predict Infosys to deliver robust Q1 FY25 results compared to peers

According to a Motilal Oswal Financial Services report, verticals like BFSI and Communications have been under pressure for the past 5-6 quarters

17 Jul 2024 11:31 am
Acer to open over 90 stores in India by early next year

Launches Acerpure, its line of consumer electronics and appliances in India, which includes TVs, water and air purifiers, air circulator fans, and accessories

17 Jul 2024 10:12 am
We need to maintain a close relationship with academia: TCS CHRO

We should have engagement, excitement and awareness about TCS in the campuses, and help them prepare for the skills that we need, says Milind Lakkad, CHRO, TCS

16 Jul 2024 8:45 pm
Indias IT sector to ramp up hiring amid rising demand for services

Indian IT majors are increasing hiring to meet domestic demand, with focus on AI-related roles for future growth

15 Jul 2024 9:02 pm
Semiconductor manufacturing capacity is a matter of resilience for India: S Krishnan

In his keynote address, Krishnan stressed that reliance on semiconductor imports is not sustainable for a country as large as India

15 Jul 2024 7:20 pm
Zen Tech launches 4 new defence products

Zen Technologies worked with its Pune-based AI Turing Technologies to develop these products

15 Jul 2024 1:30 pm
We have reached pre-pandemic levels of office occupancy - TCS CHRO

The final push to get its workforce back to office included tying variable pay or bonuses to attendance

15 Jul 2024 6:00 am
Samsung expects to regain market share with new launches in coming months

According to Counterpoint Research, Samsungs market share fell down to 17.5 per cent in January-March quarter this year on volume wise, after Xiaomi which had a market share of 18.8 per cent

14 Jul 2024 5:17 pm
Government appoints Robert J Ravi as CMD, BSNL

Purwar, who took charge as CMD, BSNL, completes his tenure Sunday (July 14) in July, had applied for an extension

13 Jul 2024 10:06 pm