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LTIMindtree, India's sixth largest IT service provider at $4.4 billion revenues, is transferring artificial intelligence (AI)-driven productivity gains to clients in order to get more business as the technology becomes more pervasive across deals and clients, its top executive told ET.

Sidbi) to run a secondaries-focused fund of funds, people in the know told ET.

BFSI) and rupee depreciation in a seasonally weak third quarter (Q3) of the financial year has brightened prospects for India's $254 billion outsourcing industry. This, along with growing momentum for artificial intelligence (AI) adoption across enterprises, has put growth in core markets on track for 2025. Top six software service providers, reporting earnings over the past two weeks, have witnessed revival in the key regions and business verticals of North America and BFSI, with at least three companies — Infosys, HCLTech and Wipro — upgrading guidance, although manufacturing continues to be soft in Europe. «The December 2024 quarter earnings of major Indian service providers — Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro and TechM — indicated signs of recovery, though the current growth and margins performance was tepid,» said Prashant Shukla, vice president at Everest Group.

RBI coming up with liquidity measures is a signal that there is a recognition of a problem in the money market. Last week, the central bank said it would inject ₹50k cr every day through the variable rate repo. This would provide much-needed relief to financial market intermediaries.

climate action and paucity of financial flows should inform Budget 2025. India must resist prioritising growth that disregards environmental, and thereby human, well-being. Instead of greening the economy within limits, this year's budget must turbo-charge efforts to decarbonise while making the economy resilient.

More than 15,000 people are helping fight the fires across Southern California.

Jammu and Kashmir Police on Saturday released pictures of four active terrorists in Kishtwar district and announced a reward of Rs 5 lakh each to anyone providing credible information on them. Pictures of Saifullah, Farman, Adil and another terrorist, believed to be Basha, were made public through a poster in both Urdu and English.

Donald Trump's inauguration ceremony, unless the administration steps in to offer critical assurances to service providers. The company’s announcement comes after a Supreme Court ruling upheld a law mandating that TikTok be sold off from its Chinese parent company, ByteDance, by January 19.

Anupam Mittal and early-stage investment firm All In Capital.

TikTok warned late Friday it will go dark in the United States on Sunday unless President Joe Biden's administration provides assurances to companies like Apple and Google that they will not face enforcement actions when a ban takes effect.

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TikTok in the United States is days away from shutting down after the U.S. Supreme Court on Friday allowed the federal law forcing a nationwide ban to take effect.However, there remain questions over whether it could still be reversed.The uncertainty over the app’s future may have ripple effects in Canada, experts say, although Ottawa says what happens in the U.S.

Prime Minister Narendra Modi said Friday that the equity support of more than Rs 10,000 crore for the Visakhapatnam steel plant has been given due to the importance of the steel sector in building an "Aatmanirbhar Bharat". The plant has a special place in the hearts and minds of the people of Andhra Pradesh, he said on X.

oldest blazar ever observed. This cosmic giant, a supermassive black hole named J0410−0139, is located 12.9 billion light-years away from Earth. Its powerful jet, aimed directly at Earth, makes it the most distant blazar ever recorded, surpassing the previous record-holder by 100 million years. The findings, published in The Astrophysical Journal Letters, mark a milestone in the study of supermassive black holes and their formation in the early universe.

Indian Army used the Sambhav smartphones which have now been given in large numbers to the officers in the force.