Technology Industry

Midcaps shine in Q2 as cycle bottoms, says Motilal Oswal; OMCs, Metals lead

Corporate earnings logged a 3rd straight quarter of double-digit growth, underpinned by strong performances from OMCs, Metals, Telecom, Technology, Cement, NBFCs - Lending, and Capital Goods.

Technology-driven smart farming key to building a Viksit Bharat: Niti Aayog

Technology-led smart agriculture holds the key to building a Viksit Bharat, Niti Aayog member Ramesh Chand said on Tuesday. "The agri-tech landscape is evolving rapidly, from genetic modification and precision farming to data science and ICT-based advisory systems," Chand said, while addressing an Assocham event here. He said farmers today must have access to capital, knowledge, and partnerships that enable them to adapt to this transformation, according to a statement. "Every technology brings both a solution and a challenge; we must ensure innovation also respects sustainability and environmental balance," Chand said, adding that India is not just a food-secure nation, but one moving towards value addition and climate-smart agriculture. The Niti Ayog member said 46 per cent of the the country's population is employed in the agricultural sector, making it the largest contributor to the Viksit Bharat mission, with significant growth observed in tier-II regions such as Assam and Mad

Mounting debt fuels AI data centre boom, raising fears of financial strain

Smaller outfits - far from household names, not nearly as wealthy but eager to get in on the AI boom - have started to build their own giant data centers

Accel partners with Prosus to co-invest in Indian science-led startups

Firms will match investments up to $2 million in founders building breakthrough technologies from semiconductors to robotics

GX Group to invest ₹500 cr in local photonics manufacturing venture

The firm has set up a new entity, GX Quantum Photonics Pvt. Ltd, which will mark its entry into the segment and lead local manufacturing in partnership with SMART Photonics BV

IT firm Black Box targets 15% annual growth, aims for $2 bn revenue by FY29

IT company Black Box expects 15 per cent year-on-year growth for the next four years as it eyes to cross the USD 2 billion revenue mark by fiscal year 2029, a senior company official said. Black Box President and CEO Sanjeev Verma told PTI that the company expects that its planned acquisition may add up to USD 750 million in incremental revenues. "With a quarterly order book averaging USD 500 million, the company anticipates closing the fiscal year with a backlog 30-40 per cent higher than last year, providing strong forward visibility," Verma said. The company had posted revenue of Rs 1,387 crore, about USD 160 million, in the first quarter ended June 30, 2025. "For FY'26, we are guiding revenues in the range of Rs 6,750-7,000 crore. This outlook reflects the momentum in our core business and the steps we are taking to build a stronger foundation for sustained growth," Verma said. The BSE-listed digital infrastructure solutions provider and part of the Essar Group has unveiled an

Tech must not be weaponised to thwart global progress: FM Sitharaman

Finance Minister asks fintechs to focus on trust, safety and financial inclusion

Sitharaman launches foreign currency settlement system at GIFT City

We should refrain from weaponising technology: FM Sitharaman at Global Fintech Fest 2025.

Govt proposes portal to streamline certification, access to assistive tech

The Centre has proposed setting up an online Assistive Technology Portal for certification, procurement, tracking, distribution, and grievance monitoring as part of the draft rules to regulate standards and accessibility of assistive devices for persons with disabilities. The draft Assistive Technology (Standards and Accessibility) Rules, 2025 lay down a comprehensive framework covering classification, certification, procurement, affordability, user safety, and integration of assistive technology into existing health and social welfare schemes. The rules classify assistive technology into three categories of essential (such as wheelchairs, spectacles, hearing aids), specialised (such as screen readers, prosthetics, cochlear implants), and emerging (such as AI-enabled devices, robotics, brain-computer interface systems). All assistive products will need to conform to standards prescribed by the Bureau of Indian Standards (BIS) or another notified authority before being made available

'Would you work 996?' Hustle culture trend gains ground in Silicon Valley

The number combination refers to a work schedule - 9 am to 9 pm, six days a week - that has its origins in China's hard-charging tech scene

Chakr Innovation raises $23 million in Series C round, led by Iron Pillar

The newly raised capital will primarily be used to expand manufacturing capacity, accelerate international growth, and backward integration

Global AI standards to be adopted once finalised: Consumer Affairs secy

With artificial intelligence increasingly permeating daily life, global standard-setting bodies are deliberating on frameworks for its ethical use, Consumer Affairs Secretary Nidhi Khare said on Wednesday. "Indian experts are in the international standards-setting committees. Once the global standards are framed, they will be adopted by the countries, including India," Khare told PTI on the sidelines of a PHDCCI conference on harnessing AI to combat fraud and counterfeits in the retail and e-commerce sector. She said that 39 global AI standards already exist, while 45 more are in the process of being developed. At the ongoing International Electrotechnical Commission (IEC) meeting, discussions are focused on preparing standards for responsible, inclusive and ethical use of AI, she said, addressing the event. "We have 39 standards internationally. What is ethical use? This was debated internationally... Who do we call safe, fair? Who do we call unsafe, unethical use of AI?," he ...

From space to drones, PM Modi-era will be known for deep-tech forays

The confluence of technology, nationalism and communication skills of PM Modi can be appreciated from his interventions during emergencies

Mix of technical expertise, soft skills vital for competitiveness: Survey

Workplaces need to update their strategies by integrating technology-driven, experiential learning and upskilling opportunities, as a significant percentage of India's tech talent believes that such experiences are in higher demand than theoretical knowledge, says a survey. According to a survey released on Monday by New York-headquartered Vertex Group, workplaces are transforming, and those who are ready to learn and upskill will lead the industry going forward. The survey, titled "The Relevance of Academic Qualifications in a Changing Indian Job Market," highlighted the value of hands-on, practical learning, with the majority of respondents strongly agreeing that such experiences are in higher demand than theoretical knowledge in their professions. The survey conducted among more than 2,500 IT employees across five cities, including Delhi, Mumbai, Kolkata, Bengaluru, and Chennai, over 56 per cent of employees believe that their academic qualifications do not meet the requirements

Why India should prioritise mature chips over costly cutting-edge dreams

As the government pulls together more money for the next stage of its semiconductor mission, it should be cautious

Trump to host top tech CEOs except Musk at White House dinner on Thursday

President Donald Trump will host a high-powered list of tech CEOs for a dinner at the White House on Thursday night. The guest list is set to include Microsoft cofounder Bill Gates, Apple CEO Tim Cook, Meta CEO Mark Zuckerberg and a dozen other executives from the biggest artificial intelligence and tech firms, according to the White House. One notable absence from the guest list is Elon Musk, once a close ally of Trump, whom the president tasked with running the government-slashing Department of Government Efficiency. Musk had a public break with Trump earlier this year. The dinner will be held in the Rose Garden, where Trump recently paved over the grassy lawn and set up tables, chairs and umbrellas that look strikingly similar to the outdoor setup at at his Mar-a-Lago club in Florida. The Rose Garden Club at the White House is the hottest place to be in Washington, or perhaps the world. The president looks forward to welcoming top business, political, and tech leaders for this .

Why Sam Altman should make ChatGPT less entrancing, and less of a confidant

ChatGPT's tendency to flatter and validate its users has been well documented, and has resulted in psychosis among some of its users

Microsoft's annual cloud revenue hits $75 bn, profit beats expectations

Microsoft said Wednesday that annual revenue for its flagship cloud computing platform rose 34 per cent to $75 billion. The Azure cloud business has been a centrepiece of Microsoft's efforts to shift its focus to artificial intelligence. The software giant said its fiscal fourth-quarter profit was $34.3 billion, or $3.65 per share, beating analyst expectations for $3.37 per share. It posted revenue of $76.4 billion in the April-June period, up 18 per cent from last year. Analysts polled by FactSet Research had been looking for revenue of $73.86 billion. Microsoft has announced layoffs of about 15,000 workers this year even as its profits have soared. Microsoft CEO Satya Nadella told employees last week the layoffs were weighing heavily on him but also positioned them as an opportunity to reimagine the company's mission for an AI era. Promises of a leaner approach have been welcomed on Wall Street, especially as Microsoft and other tech giants are trying to justify huge amounts of

Nasscom launches US CEO Forum to boost India-US tech collaboration

Industry body Nasscom has launched a special forum to deepen IndiaUS technology collaboration and provide a platform to reinforce the bilateral tech corridor as a foundation for global digital transformation and inclusive economic growth. The Nasscom US CEO Forum was launched at the Consulate General of India in New York last week. Cognizant CEO Ravi Kumar has been named Chair of the Forum, while Amit Chadha, CEO and Managing Director of L&T Technology Services, will serve as Co-Chair. Conceived as a premier leadership platform, the Nasscom US CEO Forum aims to advance the technology and innovation partnership between India and the United States, one of the world's most forward-looking bilateral relationships, the industry body said in a statement. The forum will bring together leading Indian tech CEOs and key US stakeholders to drive strategic dialogue across innovation, enterprise, policy, and talent development. A major milestone for the IndiaUS tech corridor! the Indian ...

Delhi Technological University begins Btech odd semesters registration 2025

DTU will begin the online registration process for BTech odd semester courses today, July 11. Candidates can apply from 3 pm onwards, 11:59 p.m. on July 25, on the official website