The Economic Time
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HCLTech trims full-year outlook on demand drop
For the fiscal second quarter ended September 30, the company posted an 11% sequential fall in revenue in constant currency terms. Net hiring also...
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EU investigating X's compliance with bloc's online content rules
The EU executive said it has formally asked X to provide information in accordance with the Digital Services Act (DSA).
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AI, online gaming can add up to $300 billion to India's GDP by 2026-27: Rajeev Chandrasekhar
The Minister of State for Information and Technology said the government will host a global summit titled 'India AI -2023' on December 10 this...
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Manufacturing-focussed startups got $8 billion in investments over 7 years: Prashanth Prakash
Startup Vision Group chairman Prashanth Prakash said Indian startups will be Karnataka’s growth catalyst in the manufacturing space. Prakash is...
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Infosys Q2 Results: PAT rises 3% YoY to Rs 6,212 crore; firm trims FY24 revenue guidance
In an unexpected move, the software major yet again tweaked its guidance for FY24. Infosys sees revenue growing 1.0-2.5% in constant currency terms...
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Catamaran Ventures picks up 1.12% stake in garment maker Gokaldas Exports
Gokaldas Exports, one of India’s largest garment manufacturers and exporters, is promoted by Florintree Advisors, a private equity firm run by...
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TCS announces 100% variable pay for majority of staff
The variable payout for the remaining employees will be based on their business unit’s performance, said chief human resources officer Milind Lakkad.
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Malaysia says TikTok not fully compliant with local laws
Short video application TikTok has shown an unsatisfactory level of compliance with the laws of Malaysia, the country's communications minister...
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US Space Force pauses use of AI tools like ChatGPT over data security risks
The U.S. Space Force has temporarily banned the use of web-based generative artificial intelligence (AI) tools due to data security concerns. The...
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Ranjan Pai plans $250-300 million investment in Byju’s Aakash; tech firms may shift ops if Israel crisis worsens
In what could be a shot in the arm for Byju’s, Manipal Education and Medical Group chairman Ranjan Pai may invest as much as $250-300 million in...