Digital Technology

Cloudextel secures ₹200 cr debt to boost AI-ready digital infrastructure

Digital infrastructure provider CloudExtel on Thursday said it has raised Rs 200 crore in debt from a leading private sector bank to accelerate the development of AI-ready digital infrastructure and expand its metro fibre network across India. The Mumbai-headquartered company did not disclose the name of the lender. The capital infusion is complemented by a proportional follow-on equity investment from CloudExtel's existing shareholders to support its expansion plans, according to a company statement. The debt will be used to fund CloudExtel's upcoming Data Centre Interconnect (DCI) network initiative, aimed at providing high-capacity, low-latency, and redundant connectivity between data centrescritical infrastructure for AI workloads, cloud computing, and digital content delivery. The network will debut in Mumbai, followed by expansion to major metro cities including Bengaluru, Hyderabad, Delhi, and Pune. These funds will help us scale more rapidly, deepen our infrastructure ...

Nasscom Foundation, IBM to upskill 87K marginalised youth in digital tech

In a matter of days, Army Secretary Dan Driscoll vaulted from being the leader of a military bureaucracy where he's been cutting red tape to quickly buy inexpensive drones to a key negotiator in the Trump administration's push to end the Russia-Ukraine war. The boyish Iraq War veteran, former venture capitalist and friend of Vice President JD Vance went from presenting President Donald Trump's plan to Ukrainian President Volodymyr Zelenskyy in Kyiv to sitting down with Russian officials in the United Arab Emirates on Monday and Tuesday, heading up the latest phase of talks on a possible deal to halt the fighting. Trump appears to believe Driscoll's efforts are going well, posting on social media that my team has made tremendous progress. In the hopes of finalizing this Peace Plan," Trump wrote Tuesday, I have directed my Special Envoy Steve Witkoff to meet with President Putin in Moscow and, at the same time, Secretary of the Army Dan Driscoll will be meeting with the ...

Samsung launches DigiArivu for digital and STEM education in Tamil Nadu

Through this initiative, Samsung will upgrade school infrastructure, enable STEM and digital learning, train teachers, and support holistic student development

New-age reality check: NSO set to reboot industrial activity codes

MoSPI drafts NIC-2025 to classify emerging activities from ashwagandha farming to drone toys and digital tutoring, aligning with UN ISIC standards

NLB Services forays into GCC, targets $200 mn revenue over next 5 years

Global technology and digital talent solutions provider NLB Services on Monday announced its foray into the Global Capability Centre (GCC) segment and is eyeing USD 200 million revenue over the next five years, a senior company executive has said. The company also announced the appointment of Abhilash Raghavan as Chief Business Officer (CBO) of its GCC vertical, who will lead global business strategy and accelerate growth across priority markets. Raghavan will help establish and scale operations across India and other key markets across North America, Asia, the UK and Europe. "India continues to be at the forefront of major GCC expansions globally. We have built a strong and trusted presence in the GCC ecosystem by consistently delivering transformative outcomes for global enterprises," NLB Services SVP and APAC Head Varun Sachdeva told PTI. "Over the next five years, we are aiming to generate around USD 200 million in revenue through our GCC-as-a-Service venture," he ...

Armenia's TUMO first India centre in Mumbai to offer free digital training

TUMO has completed pilot programmes and is now set to launch its Mumbai centre, which will accommodate up to 1,500 students, said Pegor Papazian, Chief Development Officer, TUMO

How digital technology platforms are lubricating the NPA disposal process

The digitalisation of the entire process, has the potential to reduce costs for banks and buyers, speed up recovery for banks, and provide fair access to buyers

India's digital infrastructure development 'game-changer': Databricks CEO

India's digital infrastructure development has been a game-changer, putting the country ahead of most other nations, Databricks CEO and Co-founder Ali Ghodsi has said. At a press conference here on Wednesday at the Databricks Data + AI Summit 2025, Ghodsi said that India is on the upswing at a time when recession is a concern in several other regions and nations. What has happened in the last decade, where they've built a lot of digital infrastructure in India, is a game-changer. We don't have that even here, in other countries. India is now ahead on digital infrastructure compared to most other countries in the world," Ghodsi said in response to a question by PTI on India. This of course, makes it much easier to innovate in data and AI, he said. Ghodsi added that Databricks is very excited to partner with new companies in the field of AI as well as with companies that have been around a long time such as the Tatas of the world that we're partnering with as well. It's a gigantic .

CtrlS Datacenters partners with BSE to power digital infrastructure

CtrlS Datacenters operates 15 data centres across eight key markets and plans to expand into new overseas markets in Southeast Asia and the Middle East, with Thailand as its first international foray

Algorithmic management of work led to decline in job quality: ILO report

AM refers to the allocation, monitoring and evaluation of work tasks and workers' performance through extensive data collection, surveillance, real-time decision-making and metrics-driven evaluations

Mivi eyes Rs 1K cr revenue in FY26 with expansion plans, geographic scaling

Mivi, a Hyderabad-based consumer electronics brand, has set an ambitious Rs 1,000 crore revenue target for FY26, driven by a strategic blueprint including product category expansion, broader geographic reach, a new manufacturing facility, and enhanced marketing strategies. Mivi, which employs over 1,500 people, clocked over Rs 300 crore in revenue in FY25. In an interview to PTI, Mivi co-founders Midhula Devabhaktuni and Viswanadh Kandula outlined Mivi's multi-pronged roadmap for growth, with plans to venture into new categories such as IoT devices, smart wearables, smart CCTVs and speakers alongside bolstering its existing audio and mobile accessory offerings. "FY26 is going to be an amazing year for the brand. We are targeting a revenue of Rs 1,000 crore, which will be a huge jump. We are targeting a good amount of that revenue to come from the existing categories, but we are also going to expand into other categories. "Mivi AI is a platform that we have developed. The category t

A new world in the making: Is it time to rethink India's economic strategy?

The US is home to massive and world-dominating private tech companies, such as Google, Microsoft, Amazon, OpenAI, Meta, and Apple, yet the country as a whole is struggling neck-deep in debt

Artificial intelligence & India: The Modi model of technology diffusion

While much of the public discourse has been around this stack of Digital Public Goods and their population-scale impact, the role of leadership has been underappreciated

A new way to measure digital capability: Tracking tech progress globally

Developing countries are moving from the margins to the mainstream of digital innovation. They account for the global majority of internet and smartphone users

Adobe brings free Photoshop app to phones, targeting younger users

Adobe has now released a free version for Apple's iPhone, with an Android app coming soon

From Aadhaar to Bhashini, India's digital services grow in numbers

BharatNet provides high-speed internet access in rural areas. Bhashini is an AI-based tool for translating Indian languages

Artificial intelligence euphoria likely to fizzle out over lack of data

Tech giants are running out of data used to train AI systems. To overcome the problem, some companies are exploring new methods powered by 'synthetic data', write Cade Metz & Tripp Mickle

Generation Beta: Born into climate change and shifting demographics

Unlike Gen Z, who witnessed the transition from analogue to digital technology, Gen Beta will grow up in a highly technologically integrated world

AI, capitalism, and ethics: The urgent need for responsible governance

Without human feelings and consciousness, AI, like any technology, is an ethics-free enterprise

Australia introduces world-first social media ban for children under 16

Australia's policy sets the highest age restriction on social media globally, surpassing France's recent ban on under-15s, which allowed exceptions with parental consent