Software Financial News

27.11 / 06:59

Provident Digital Platform Software reports Newgen Software board approves bonus issue of 1 share for every 1 share held

₹10 each for every 1 existing fully paid-up equity share of ₹10 each held by the Members of the Company as on the Record Date," the company said in a BSE filing on Monday. This will reportedly be the company's first bonus issue of shares. Newgen Software board has also approved the increase in the authorized share capital of the company from ₹110.10 crore to ₹180.10 crore.

27.11 / 03:49

Reuters Software Actor country testing recommendations guidelines US, Britain, other countries ink agreement to make AI 'secure by design'

how to keep artificial intelligence safe from rogue actors, pushing for companies to create AI systems that are "secure by design." In a 20-page document unveiled Sunday, the 18 countries agreed that companies designing and using AI need to develop and deploy it in a way that keeps customers and the wider public safe from misuse. The agreement is non-binding and carries mostly general recommendations such as monitoring AI systems for abuse, protecting data from tampering and vetting software suppliers.

26.11 / 17:15

Waves Software stage Bain Capital eyes late-stage tech deals, other new sectors for India investments

MUMBAI : Boston-based private equity firm Bain Capital, which has over $160 billion of assets under management, may spend more time looking at late-stage tech deals next year in India, as the opportunities in the segment widen for traditional private equity firms, a top executive said. The PE firm closed a $7.1 billion fifth Asian fund last week, up from $4.5 billion which it raised for its fourth Asia fund. It expects to widen the scope of its investments in India over the next few years, including in newer sectors.

26.11 / 17:15

Provident Aware Platform Software consequences prevention Why India's top bullion body is upset with MCX

MUMBAI : Nodal gold trade body India Bullion and Jewellers Association (IBJA) has locked horns with MCXCCL, the clearing corporation of India’s largest commodity derivatives exchange MCX, over a crucial revision in the platform’s settlement procedure for gold and silver contracts traded on the bourse. The revision puts the onus of collecting goods and services tax (GST) on the seller and buyer, who give and take delivery on the exchange platform. Up until now, MCXCCL would facilitate the payment of GST from buyer to seller through the exchange’s clearing members.

26.11 / 16:39

Target Platform Software performer reports analyst 5 big analyst AI moves: AI demand to keep tech rally intact; C3 upgraded

Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

26.11 / 09:57

Software Dreams Forbes innovations Youngest billionaire Clemente Del Vecchio leads Forbes' elite list; here's who else is on the list

Forbes' annual billionaire list always draws attention, and this year, the spotlight is on 19-year-old Clemente Del Vecchio, the youngest billionaire on the prestigious list. Clemente inherited a substantial fortune from his father, the late Italian billionaire Leonardo Del Vecchio, former chairman of EssilorLuxottica, the world's leading eyeglasses firm.

25.11 / 23:05

Adobe Software Nov US Black Friday sales rise 2.5% -Mastercard Spendingpulse

(Reuters) — Mastercard (NYSE:MA) Spendingpulse said on Saturday that U.S. retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales, not adjusted for inflation.

25.11 / 19:05

BLOCK Mobile Software Interface Experts performer reports open Can Open RAN technology make any headway in India?

Open RAN (open radio access network) technology had promised a lot: It could provide a cheaper alternative to traditional telecom network deployments, challenging the might of the few infrastructure vendors operating in the market. What was expected to be a game changer, though has yet to make much headway in India, except for a few trials and deployments. Experts cite several challenges for the deployment to pick up, but say it would happen in another two-three years.

25.11 / 13:37

Provident Software Xbox Inside information reports Leak GTA 6 Preorder date leak sparks excitement: Alleged December 12 release expected

GTA 6 preorder date. According to leaked information, it is suggested that GTA 6 preorders might become available on December 12.

25.11 / 07:35

Provident Target CEO Gap Strategy Software Remark What does sales as a service mean? How it works for consumer goods companies?

FMCG) companies, have always found it challenging to reach Indian rural markets. The potential of this market, constituting >70% of India’s retail landscape, has remained largely untapped, primarily due to challenges in rural distribution.

25.11 / 01:19

Digital Progressive Manufacturing Software economy electronic innovations ETtech Opinion | Catalysing the Indian innovation ecosystem- the RISC-V way

Writer is Union minister of state for entrepreneurship, skill development, electronics & technologyAfter several decades of r

25.11 / 00:59

CEO Action Software OPNX reports CoinFLEX Crypto Exchange Creditors Accuse Other Exchange OPNX of Wrongful Use of Assets

Creditors of the crypto derivatives exchange CoinFLEX are alleging that the newly established creditor claims marketplace OPNX, founded by bankrupt crypto hedge fund Three Arrows Capital (3AC) co-founders Kyle Davies and Su Zhu, wrongfully used CoinFLEX assets without their consent.

24.11 / 23:23

CEO Software Nov pandemic 2020 Mastermind Toys seeks creditor protection, challenges ‘too significant to overcome’

Prominent Canadian retailer Mastermind Toys has filed for creditor protection as it says the challenges facing the company are “too significant to overcome.”

24.11 / 17:59

Waters Manufacturing Software Gartner Bitcoin 2020 ventilators View: Stay a step ahead of cybergangs

In 2021, the Texas-to-New York Colonial Pipeline suffered a ransomware attack. The pipeline carries 55% of the gasoline, diesel and jet fuel consumed on the US East Coast. It resumed only after a $4.4 million ransom was paid in bitcoins in exchange for a decryption tool.

24.11 / 17:31

Target Google CEO Software show reports Investors are clamoring for OpenAI, Microsoft stock amid Sam Altman drama

The recent dramatic firing and re-hiring of OpenAI CEO Sam Altman has led to a massive increase in would-be investors in the AI software company behind ChatGPT. An analysis from Venture Smarter showed that Google (NASDAQ:GOOGL) searches for «OpenAI stock» soared by 1,200% versus a 90-day high on November 18th, the day after Altman's firing was made public. On November 20th, searches soared again by 354% versus the prior last seven days after an employee revolt was reported.

24.11 / 16:23

Blockchain Digital Software Bitcoin Craig S. Wright Explores 'Code is Law' Paradigm in Digital Governance Debate

Dr. Craig S. Wright, known in the cryptocurrency world for his claim as the creator of Bitcoin, Satoshi Nakamoto, has recently penned a thought-provoking piece on «Open-Source Development.» His involvement in blockchain technology lends significant credence to his insights into the realms of digital governance and legal structures in cyberspace.

24.11 / 16:22

Blockchain Provident Platform Software Remark NVIDIA reports Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia

Bitdeer Technologies Group (NASDAQ: BTDR), a leader in blockchain and high-performance computing, has teamed up with NVIDIA to introduce a new cloud service in Asia, according to Globenewswire . Named Bitdeer AI Cloud, this service is poised to be powered by NVIDIA's advanced DGX SuperPOD with DGX H100 systems, representing a major development in the region's technological landscape.

24.11 / 08:27

Software Experts show reports Mphasis shares down 1.05% as Nifty drops

MphasiS Ltd. traded 1.05 per cent down in Friday's trade at 01:33PM (IST). Around 1,419 shares changed hands on the counter.

24.11 / 08:27

Software Enterprise WhatsApp Matrix Experts hospital information F&O stocks: Apollo Hospitals, Dixon Technologies among 5 stocks with short buildup

stocks witnessed a build of fresh short positions. Lets first understand how this conclusion is reached that whether the stock has seen a buildup of fresh short position or not.

24.11 / 05:59

Progressive Software Interface performer week NOT ‘Technology will not replace humans’: Bill Gates believes three-day work week possible

technology would free up labor for more constructive work when Noah asked about the threat of intelligence to jobs. In the 45-minute-long conversation, Gates talked about technology, work, and the purpose of life. ‘Don't have to work so hard.

24.11 / 05:30

Digital Action Strategy Software performer innovations reports services L&T Technology Services lays off 200 employees in mid-to-senior roles: Report

Times of India, the engineering services company sacked its staff partly because of the actions initiated as part of the performance cycle and to reduce overlapping of the roles. The layoffs have mainly happened in delivery and support functions due to the integration of automation in many functions.

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