Page 4 - Information Technology

PhysicsWallah, CSC Academy to set up digital university for rural learners

Education company PhysicsWallah has joined hands with CSC Academy (CSCA), a not-for-profit organisation under the IT Ministry's Common Services Centres (CSC), to set up a digital university for rural learners, a release said on Friday. The Digital University - envisioned under the partnership - will offer accredited online degree programmes and certifications, with Common Services Centres (CSCs) serving as digital learning centres. This would be aimed at expanding access to quality higher education across rural and underserved regions of India. "The partnership attempts to leverage PW's expertise in creating various educational and skill development programmes with CSCA's nationwide network of CSCs," the release said. The programmes will be delivered through PhysicsWallah online, offline and hybrid modes as well as Common Service Centres as learning hubs. This partnership will aim to target skill-based training, co-developing courses and certificate programmes in emerging areas suc

High input costs weighed on profit margins in FY25, says RBI study

The OPM of manufacturing firms moderated by 20 basis points (bps) from 14.4 in Fy24 to 14.2 per cent in Fy25

We are seeing significant traction in large deals: LTIMindtree CEO

Last month the company announced it has signed a $450 million deal with an agribusiness customer, this is one of the largest deals ever bagged by the firm since the merger

FinMin may restore dividend deductions for 22% corporate tax regime

Under the existing tax regime, domestic companies are taxed at three different rates depending on their chosen structure

KPIT stock slips 6% after mid-quarter update; should you buy, hold or sell?

KPIT said that the overall business environment continues to be uncertain with rising geopolitical concerns and ambiguity around the overall tariff scenario.

China urges BYD, EV rivals to end price war and avoid cost undercutting

The meeting was hosted by the Ministry of Industry and Information Technology, the market regulator and the top economic planning agency

IndiaAI Mission: Large IT, AI firms may not get govt nod to make LLMs

Meity says these firms can obtain GPUs on their own

Bengaluru tech workforce crosses 1 mn, ranks among top 12 global hubs: CBRE

Bengaluru is among the top 12 global technology hubs with a tech workforce in the IT city crossing the 1 million mark, according to CBRE. Real estate consultant CBRE has released a report, 'Global Tech Talent Guidebook 2025', which highlights global tech talent dynamics across 115 markets. The report evaluates these markets based on the availability, quality, and cost of tech talent and classifies them into three categories: Powerhouse (12 markets with large, deep, and highly competitive talent pools), Established (63 mature markets with consistent talent pipelines), and Emerging (40 growth-focused markets with improving capabilities). CBRE noted that the report identifies "Bengaluru as among the top 12 global tech powerhouses." Beijing, Boston, London, New York Metro, Paris, San Francisco Bay Area, Seattle, Shanghai, Singapore, Tokyo and Toronto are the other tech powerhouses. "Bengaluru is the largest tech talent market in the Asia-Pacific region, along with Beijing and Shanghai

Fund managers lapped up IT stocks in April after index correction

As per an analysis by Nuvama Alternative & Quantitative Research, companies in the information technology (IT) sector found favour among fund managers following a sharp correction in the IT index

Explained: Why are Sonata Software shares up 38% in 4 trading days?

On April 28, 2025, Sonata Software announced that it has secured a $73-million, five-year transformational engagement with a major US-based company in the Technology, Media, and Telecom (TMT) sector

Certified gains: More skills mean more rewards in India's IT sector

The Cloud training and consulting company questioned more than 800 respondents in 113 cities to explore IT skills' impact on career

IT companies using AI, GenAI to reduce client costs as budgets squeeze

This marks a shift in how cost savings are achieved in traditional IT projects, popularly known as the run-side

Wipro shares dip 6% on disappointing Q4 results; weak Q1 guidance

As per the management, client spends deteriorated toward the end of Q4, and Q1 could see further impact.

Citizens Financial Group to set up its GCC in Hyderabad with Cognizant

The centre is expected to scale to a headcount of 1,000 information technology and data & analytics professionals by March 2026

Mastek surges 15% on heavy volumes; Rebounds 21% from Monday's low

A combined 3.46 million equity shares representing 11 per cent of total equity of Mastek have changed hands on the NSE and BSE till 02:49 PM

IT shares under pressure; Wipro, Mphasis, Coforge down by up to 5%

In the past five days, the BSE IT index has slipped nearly 10 per cent, and it has tanked 26 per cent thus far in calendar year 2025.

Indian economy could gain $1 trillion from AI, says Nishikant Dubey

Nishikant Dubey said the panel at its meeting on Wednesday deliberated on the impact of Artificial Intelligence on banking, revenue and other related sectors

Ashwini Vaishnaw unveils major infra, IT initiatives at Advantage Assam 2.0

Union Minister of Railways, Electronics & Information Technology, and Information & Broadcasting, Ashwini Vaishnaw participated in the Advantage Assam 2.0 Investment and Infrastructure Summit held in Guwahati and announced several key initiatives and projects aimed at accelerating the growth of the railway and IT industries in the region.Highlighting the government's commitment to enhancing infrastructure and industrialization, Vaishnaw described the North East as the "New Engine" for India's development. He unveiled plans for a new semiconductor plant in Assam, reinforcing the state's growing role in electronics and semiconductor manufacturing.Additionally, he announced that Guwahati Railway Station would be transformed into a new IT hub, further strengthening the region's digital infrastructure.The Minister underscored the government's success in constructing 1,824 km of new railway tracks in Assam and the North East since 2014. He also noted the commissioning of two ...

Trump tariffs cast shadow over access to vital elements for tech sector

Lithium and other elements that the US needs for vital defence, energy and other applications could become harder to obtain if the Trump administration goes ahead with tariffs and other protectionist policies aimed at China. China refines more than 90% of the global supply of so-called rare earth elements, which include neodymium and dysprosium. Not actually rare, these 17 elements are difficult to mine and refine because they're not often found in concentrated deposits. Some elements, like Lithium, are usually mentioned along with rare earth elements, because they are also critical for the tech sector. Without them, cellphones wouldn't vibrate and computer hard drives wouldn't operate. They're used in wind turbines, electric cars and other industries the US has sought to develop. The US imports more than 80% of its rare earth elements, with most of those imports coming from China. A trade war impacts cellphone and other tech companies making their products in China when they have t

Govt keen on innovation-driven AI, its responsible use: MeitY Secy Krishnan

Krishnan said the next AI summit will be hosted in India later this year