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Wipro launches ai360, will invest $1 billion into AI the next three years IT major Wipro announced the launch of ai360 service and plans to invest $1 billion in artificial intelligence over the next three years. The move follows Tata Consultancy Services' announcement to train 25,000 engineers...

Bad news for Infosys employees: IT major defers salary hikes India's tech giant Infosys has deferred payment hikes for employees below senior management level due to financial crunch under the prevalent macroeconomic situation

'India is super fun': Ashneer Grover slams policymakers over 28% GST on online games Ashneer Grover, co-founder of CrickPe, criticizes the Indian government's decision to impose 28% GST on online gaming companies, calling it detrimental to the industry.

Adani Group to offer bids for Anil Ambani-owned bankrupt coal power plants Adani Group may face intense competition for Anil Ambani promoted Vidarbha Industries Power Ltd which operates 600-megawatt generation facilities

Nuclear startup Oklo to go public in US via Sam Altman's SPAC Altman, CEO of OpenAI - the AI startup behind the viral chatbot ChatGPT - co-founded AltC Acquisition Corp, with Churchill Capital in July 2021, and has served as its CEO and chairman of Oklo.

Bosses Push Back on WFH Die-Hards: ‘They Will Need to Show Up’ Managers say team productivity has taken a hit as employees stay remote

Bank of America Ordered to Pay $250 Million Over Wrongful Fees, Fake Accounts Regulators say the bank withheld credit-card rewards and opened accounts without consent

An Overachiever’s Guide to Bringing Vacation Treats Back to the Office Yes, giving your boss and co-workers goodies from your summer travels can help you get ahead. Just beware of the etiquette pitfalls.

America Has Shortage of Key Lead-Poisoning Drug Some regions are out of dimercaprol, and supplies are running out elsewhere for treatment of life-threatening condition

Rains hit hydropower ops in North India Four plants of NHPC—Dul Hasti Hydro Electric Project (3 units of 130 MW each), Salal (6 units, 115 MW each) on the Chenab river in Jammu & Kashmir, Chamera II (3 units,100 MW each) and Chamera III (3 unitsmof 77 MW each) on the Ravi in Himachal Pradesh...

Luxury car sales clock new record in Jan-Jun The luxury car market in India is on track for its best year ever, with Mercedes Benz and Audi experiencing strong sales growth in the first half of 2023. The demand is driven by a growing salaried luxury consumer base and new offerings, including...

Foxconn eyes partner for new chip venture Foxconn, the world's largest contract manufacturer, has withdrawn from a $19.5bn joint venture with Vedanta, but remains committed to building India's semiconductor ecosystem

Probe diversion of Dish TV funds, say small investors Minority investors of Dish TV India have called for an investigation into alleged fund diversion by Zee Entertainment Enterprises, a sister company of Dish TV. The investors, who own a combined 10.15% stake, have demanded a special...

ITC board backs reappointing Sanjiv Puri for five more years as CMD ITC Ltd's board has recommended the reappointment of Sanjiv Puri as chairman and managing director for an additional five years, starting from July 22, 2024. The proposal will be put forward during the company's annual general...

The big trends from June auto sales data, in charts Three segments—three-wheelers, passenger vehicles (PVs), and tractors—reached their highest-ever sales for this month

Centre  begins inspection into Byju’s financials MCA has begun an inspection of Think and Learn Pvt. Ltd on a suo moto basis

Tata group closes in on deal to become first Indian iPhone maker A takeover of the Wistron Corp. factory in southern Karnataka state, potentially valued at more than $600 million, would cap about a year of negotiations

Disney Explores Strategic Options for India Business Talks are a sign of how Star India’s fortunes have changed since Disney’s purchase of Fox entertainment assets

CarTrade Tech to acquire Sobek from OLX India BV for ₹537.43 crore It will acquire Sobek at a cost of ₹537.43 crore to be paid on the completion date of the acquisition, according to a regulatory filing by CarTrade Tech to the stock exchanges.

TCS delays onboarding of over 200 lateral recruits, THESE cities' hires impacted: Report TCS has postponed the onboarding of several lateral hires by at least three to four months due to project deferrals and budget cuts. Over 200 recruits are affected.