Automation

AI and automation top priorities for Indian corporate treasuries: EY

EY India's 2025 corporate treasury survey shows leaders moving from AI pilots to real-world applications, with automation and digital fluency at the core

Oil industry makes the digital leap to cut costs and lift efficiency

Fossil fuel companies are setting up digital oilfields to improve efficiency, cut costs, and enhance customer satisfaction amid focus on renewable energy­

Why open automation is India's moment to lead industrial digitalisation

India's diverse industrial landscape and talent pool position it to lead Industry 5.0. Open automation can drive competitiveness, resilience, and sustainable growth

Magellanic Cloud Q1FY26 results: PAT up 22.9%, revenue hits ₹163.96cr

IT company Magellanic Cloud on Tuesday posted a 4.75 per cent increase in consolidated profit after tax to Rs 27.77 crore in the June quarter. The company had posted profit after tax of Rs 22.59 crore. The total income of Magellanic Cloud increased 23.16 per cent to Rs 164.34 crore during the first quarter of the current fiscal year from Rs 159.18 crore a year ago. "Magellanic Cloud delivered a strong start to FY26, reporting revenue of Rs 163.96 crore, EBITDA growth of 19.14 per cent, and PAT up 22.93 per cent year-on-year. Our multi-vertical momentum, backed by product innovation and global partnerships, positions us well for an accelerated trajectory this fiscal year," Magellanic Cloud Global CEO and MD Joseph Sudheer Reddy said. He said the company closed acquisition of Finoux during the quarter, which marks its official entry into Al-powered financial analytics and robo-advisory automation. "We recorded a TCV (total contract value) close to Rs 100 crore across our core vertic

Amazon cuts hundreds of AWS jobs amid shift towards generative AI tools

Amazon has laid off hundreds of employees in its AWS cloud division as part of a wider shift towards AI-driven automation, despite strong March-quarter growth in sales and operating income

Smart companies will hire more engineers, says GitHub CEO on AI jobs impact

GitHub CEO Thomas Dohmke's remarks come at a time when tech giants have laid off over 100,000 employees since the start of 2025, citing slow growth, rising costs, and a shift towards AI and automation

Automation will replace white-collar jobs; manual trades safe: Father of AI

Geoffrey Hinton said for mundane intellectual labour, AI is just going to replace everybody

Rare earth crisis: Indian companies hopeful as global panic sets in

With China tightening rare earth exports, Indian firms eye domestic incentives and stockpiling, as global automakers and medical device makers face rising supply fears

Will AI cut working hours? Bill Gates predicts 2-day workweek in a decade

Speaking on The Tonight Show Starring Jimmy Fallon, Bill Gates said advancements in AI would make intelligence freely available and commonplace

Pace of order inflow, peak margin worries for ABB after strong Q4

Stock vulnerable to valuation downgrades as engineering company's management says growth will revive

Automation for improvement: How it will boost productivity for workers

Time saved will boost productivity by 2.61 per cent in the organised sector by 2030

After a 2,261% rally, this midcap stock is seen testing key 10-year support

Honeywell Automation stock is seen testing its monthly super trend line for the first time since 2014. At present levels the stock has shed one-third of its valuation from its peak.

Honeywell to sell PPE biz to Protective Industrial Products for $1.33 bn

A potential sale of the PPE business was disclosed before activist Elliott Investment called for a split of the company's aerospace and automation businesses after taking a $5 billion-plus stake

Schneider looks to raise India's share in industrial automation biz to 25%

In 2020, Schneider Electric completed the purchase of Larsen & Toubro's switchgear business which was acquired by Schneider Electric in 2020

Skill gap widening as AI, automation advances: Experts at BSmart conclave

Dr Hema Bajaj, Ruhie Pande, Amit Das, and Dr Suryanarayan G Iyer speak with Nivedita Mookerji at the BSmart HR Conclave on the growing skill gaps and evolving workforce dynamics

Honeywell India's Q1 profit jumps to Rs 137 cr on order execution

The Indian unit of US-based Honeywell International reported a profit of Rs 137 crore (around $16 million), compared to Rs 103 crore a year ago

Robotics firm DiFACTO raises Rs 40 cr in funding from Stakeboat Capital

Bengaluru-based startup will use Series A financing to expand business

Rockwell Automation to expand in India with more factories, tech workers

The industrial automation equipment maker, which completed 40 years in India in 2023, counts many manufacturing giants, including Reliance Industries, Mahindra Group and MRF, as its customers

We're optimistic about demand environment: LTTS CEO & MD Amit Chadha

At the end of the third quarter, our patents portfolio stood at 1,249, out of which 811 are co-authored with customers and the rest are filed by LTTS

German tech major SAP elevates Kulmeet Bawa to global chief revenue officer

In his new role, Bawa will be responsible for driving the growth and adoption of SAP BTP across the globe