Forget Nvidia’s $4 trillion valuation! This tech company is set to cross $4.5 trillion market cap, thanks to its big AI bets

Nvidia has become the first company to cross the $4 trillion. But, there’s another technology company that may hit $4.5 trillion! (AI image) Nvidia has seen a meteoric rise – becoming the first company in the world to have a market capitalization of over $4 trillion. In fact there are only five economies in the […]

India may relax rules for Chinese investment in electronics; but only with a tech transfer, partnership – or takeoff denied

Government is likely to support Chinese investments in the electronics sector if they involve joint ventures with Indian companies and include technology transfer, rather than just setting up assembly units, according to officials.This approach aims to strengthen domestic capabilities while ensuring greater value addition and knowledge sharing within the country.Officials told ET that the ministry […]

US telecom security: FCC plans ban on undersea cables with Chinese tech; firms like Huawei, ZTE under fire

The US Federal Communications Commission (FCC) announced on Wednesday that it plans to introduce new rules to block companies from connecting undersea communication cables to the United States if they include Chinese technology or equipment.“We have seen submarine cable infrastructure threatened in recent years by foreign adversaries, like China,” FCC Chair Brendan Carr said in […]

Tech Mahindra revenue drops 1% in June quarter

BENGALURU: Tech Mahindra’s June quarter revenue declined 1.4 per cent sequentially and 1 per cent year-on-year in constant currency terms, reflecting continued weakness in discretionary client spending. Its headcount declined by 622 sequentially to 79,987, as the company continued workforce optimisation amid subdued demand, while utilisation slipped to 85 per cent and attrition rose to […]

State Street Moves into IndiaLand Tech Park, Strengthening Coimbatore’s Rise as a Global Tech Hub

In a major boost to Coimbatore’s commercial real estate landscape, IndiaLand Tech Park, a LEED Platinum-rated IT SEZ campus in Saravanampatti, has welcomed global financial giant State Street as its newest tenant. Known for its eco-conscious infrastructure and premium business environment, IndiaLand continues to attract multinational corporations seeking sustainable and future-ready workspaces in India’s […]

Asian stocks today: Indices trade mixed; tech firms lift HSI over 0.2%, Shanghai slips 0.1%

Asian stock markets were mixed on Wednesday as investors balanced optimism over Indonesia’s new trade agreement with the US against concerns about rising US inflation, which has led to reduced expectations of interest rate cuts by the Federal Reserve.Japan’s Nikei traded at 39,909, up 230 points or 0.58%. Hong Kong’s HSI also surged 68 points […]

US tariff reset boosts India’s export edge: Niti Aayog says India gains ground in 100 product lines, services and tech drive Q3 resilience

India is set to increase its presence in the United States market. This is due to changes in Washington’s tariff policies. Niti Aayog reports India will gain competitiveness in many product categories. The US has higher import tariffs on countries like China and Mexico. This creates an opportunity for Indian exporters. India’s merchandise exports and […]

Economy

NABARD launches RuralTech CoLab to promote rural tech start-up ecosystem

It will provide access to the bank’s grassroots network, which includes self-help groups, farmer producer organisations, non-governmental organisations, cooperative banks and rural institutions The National Bank for Agriculture and Rural Development (NABARD) has launched RuralTech CoLab, a unified portal that brings the rural tech start-up ecosystem together. The portal will provide a platform for fintech, […]

The chip race: US opens tech gates for China; Should Indian companies worry?

This is an AI generated image, used only for representative purpose. India must take steps to ramp up its domestic chip design capabilities as competition from China intensifies, experts have warned. The warning follows the US decision to lift restrictions on exports of Electronic Design Automation (EDA) software to Chinese firms. Trump Secures China Trade […]