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India now an artificial intelligence innovation hub, reveals a study

India was ranked eighth in the top 10 countries by AI patent families on a global level, an impressive accomplishment considering it had no AI-related patent filing prior to 2002

PharmEasy parent API Holdings in talks with SoftBank to raise $100-200 mn

Softbank is still evaluating proposal. The firm aims to acquire a company in the healthcare space and to clear loans raised earlier, says source

TCS plans to hire over 40,000 freshers from Indian campuses in FY22

IT firm's recruitments may surpass FY21 numbers

TCS Q1 PAT up 28.5% YoY; India business down 14.1% due to second wave

The company continued to see robust growth operationally, reporting total contract value of $8.1 billion, deal signing driven by growth across geographies and verticals

I-T assessments hit as e-filing portal's communication with back-end broken

A host of activities have been stalled on the upgraded e-filing portal; banks seek undertaking from customers for overseas payment

Chiratae Ventures starts seed initiative to enable faster access to capital

Chiratae has also introduced an application form and a dedicated website to make the process even simpler for early-stage founders

Nasper-backed PayU in talks to acquire BillDesk for up to $4 billion

Media reports have said Paytm, which will soon come up with its initial public offering (IPO), is also evaluating BillDesk

Roposo's owner Glance announces JV with Collective Artists Network

Glance Collective will be the first-of-its kind strategic alliance for global content creator and commerce platform

D2C player MyGlamm emerges stronger from setbacks, plans to float IPO

The company, which saw investors pull out of a fund raise as the pandemic struck, is now eyeing an annual revenue run rate of Rs 600 cr by this December

Strong deal pipeline may boost Q1 show of IT companies: Analysts

Margins will be a concern with salary hikes and attrition taking centre-stage

What makes Indrajaal, India's first autonomous digital drone system unique

Developed by Hyderabad-based Grene Robotics it can protect an area of 1,000-2,000 sq km per system against threats such as UAVs, incoming weapons, loitering munitions, low RCS targets autonomously

QuEST Global acquires Synapse Design to boost semiconductor business

This acquisition will enable QuEST's vision to grow its semiconductor business, add at least 2,000 engineers in the next four years

Twitter India MD Manish Maheshwari files caveat petition in Supreme Court

Asks to be heard if Ghaziabad police appeals Karnataka HC order

Productivity not deterred by shift to remote work amid Covid-19: Survey

In general, most organisations are desperate for more productivity

Infosys' buyback of shares worth Rs 9,200 cr to start from Friday

The company has proposed to buy back shares at a maximum price of Rs 1,750 per share

India's unicorn tally touches 50, MindTickle the latest entrant

Industry experts have been saying that the Indian unicorn list is expected to only rise as fund houses with access to liquidity are looking at avenues for investment.

Cyber fraud helpline brings banks and police together: Here's how it works

The helpline and its reporting platform have been made operational by the Indian Cyber Crime Coordination Centre (14C) with support from the RBI, all major banks, payment banks, wallets

Wipro announces salary hike for 80% of eligible staff, second in CY21

The salary hike will be effective from September 1, 2021.

NYSE-listed BPM firm Startek eyes $1-billion revenue in next 2 years

Part of the push to reach this $1 billion target may also come from Chennai-based CSS Corp in which StarTek acquired 26 per cent stake in the company for $30 million, early this year.

Voice critical to get the next 500 million in India to use digital payment

The challenge lies in getting digital transactions done in vernacular in a country with over 20 languages and many more dialects