Group on Tuesday announced plans to invest USD 100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035, marking one of the world’s largest integrated energy and compute commitments.
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The Reserve Bank of India has overhauled External Commercial Borrowing rules, raising the automatic route cap for eligible borrowers to the higher of $1 billion or 300% of net worth. It also relaxed maturity norms and removed rigid cost ceilings…
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Mutual funds significantly reduced their holdings in nine out of ten major IT stocks in January, driven by concerns that AI will disrupt the traditional outsourcing model. Despite this selling pressure, the sector still holds substantial value, with managers offloading…
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Artificial intelligence offers significant opportunities for Indian companies. Instead of job losses, roles will evolve. Indian professionals are set to deploy AI globally, a major chance for the nation. Government and private sectors are training 1.5 lakh people in AI.
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Indian IT stocks, including TCS and Infosys, faced a $56 billion market hit amid global AI-related concerns. The sell-off tested the sector’s resilience as investors reacted to fears of automation-driven disruptions and changing technology dynamics. Despite short-term volatility, analysts say…
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Infosys on Tuesday announced a collaboration with Anthropic, an AI safety and research company, to develop and deliver advanced enterprise artificial intelligence (AI) solutions for companies across telecommunications, financial services, manufacturing, and software development.
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