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60% startup founders report increased revenue, profitability in 2023

Navigating 2024, tech startup founders expect to continue the revenue growth path with measured steps, focusing on optimizing expenditure and maximizing profitability for B2B tech startups

Q3 continues to be slow quarter for IT sector due to curtailed spending

Analyst firms are expecting the large-cap IT services firms-TCS, Infosys, HCLTech, Wipro, and LTIMindtree-to clock revenue growth in the range of negative 1.5 per cent to a positive 4.6 per cent

IT major Tech Mahindra announces appointment of Richard Lobo as CHRO

Lobo replaces Harshvardhan Soin, who takes over the role of president- Asia Pacific & Japan effective January 3

Venture debt gains ground in Indian startups amid equity fund raising dip

Though demand for venture debt is rising, players are becoming more cautious. Many hope that 2024 will offer good opportunities

TCS get notice from Maharashtra labour dept for employee transfer practices

Group representing Indian IT workers alleges company harassing employees who oppose 'forced transfers'

TCS has to keep evolving as GenAI technology rises: CEO tells employees

IT services company has to 'keep pace with the times', says K Krithivasan in New Year message

GenAI set to revolutionise video content, says YouTube India director

'I think the living-room consumption of YouTube will definitely continue to grow. This segment is going through the same phenomenon that made internet usage grow'

Corporates relook at work-from-home policy as Covid cases resurge

India reports a single-day spike of 702 cases; 6 deaths

Increasing investments to scale up AI, ML, survey shows 85% growth

AI investments have grown 85 per cent from last year, says a survey by Automation Anywhere

Building India's own ChatGPT faces challenge of data on languages

Efforts to build large language models, the backbone of AI chatbots, based on the country's needs are gathering pace

Accenture GenAI offering sees momentum in Q1 FY24, signs $450 mn bookings

The growth trajectory in Q1 for GenAI is of significance for the top IT services players who are eyeing this segment as the next growth area

Up & down the job rollercoaster: Highs for aviation & pharma, lows for IT

The game flipped in the second half of 2022, and in 2023, it has decisively turned in the favour of employers - more talent is now chasing fewer active IT jobs

Google Maps gets streetwise in India with AI, expands across 3,000 cities

Mapping platform gets over 50 million searches daily; introduces new features including address-based descriptor

Top execs exit at Infosys, Wipro underscores importance of talent creation

To mitigate attrition of senior leaders industry experts say companies must prioritise providing challenging projects that align with aspirations, skill sets of these seasoned professionals

PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed

Besides Pai's commitment, PharmEasy raised the remaining Rs 2,200 crore from existing shareholders

The new @UTO Motto: Why makers of 2-wheelers, cars are embracing ecommerce

Dealerships remain the primary point of sale, but this is a fast-evolving scenario, catalysed by both Amazon as well as Flipkart introducing the auto category last year

Alternative debt provider BlackSoil sees 44% jump in investment in 2023

Bansal also said that the risk is getting blurred between equity and debt as entrepreneurs are unable to raise funds via equity

India to create AI computing capacity for start-ups, researchers: Minister

Capacity will be created by the public sector and separately in collaboration with private companies, says Rajeev Chandrasekhar

Indian developer community cheers Epic Games win against Google in the US

In the latest case, the jury also observed that the company hurt competition by tying Google Play store with its payment services

Fintechs rule the roost in India's startup ecosystem this year, shows data

While the overall investment paints a gloomy picture, a handful of firms raised big-ticket funding, and some sectors managed to hold ground