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Weak tech spends by telcos could put IT firms' revival on hold this fiscal year

New Delhi, May 8 -- Lower-than-expected demand for enterprise 5G services, coupled with sustained caution in macroeconomic conditions, could see India's $254-billion information technology (IT) servic... Read More


OpenAI joins AI content alliance as Election Commission warns of deepfakes

New Delhi, May 7 -- In a significant move towards building consensus in identifying and tracking artificial intelligence (AI)-generated content online, OpenAI, the developer of ChatGPT, has joined the... Read More


Coforge eyes 4x growth in 4 years, as stock crashes 10% in a day

New Delhi, May 3 -- Noida, Uttar Pradesh-headquartered mid-cap IT services firm, Coforge Ltd, has a long-term target to be among the top five of India's $254-billion tech outsourcing industry. To do t... Read More


HCL Tech remains an IT outlier. But CEO remains cautious of macro pressures

New Delhi, April 29 -- HCL Technologies Ltd topped its closest rivals not only with better revenue growth in financial year 2023-24 but also as the only information technology services company to actu... Read More


Can electric cars electrify muted IT firms in a dull year?

New Delhi, April 25 -- Auto companies may yet smoothen the bumps for Indian IT services in FY24, a year that has so far been one of the worst in the $253-billion industry's history. The country's top... Read More


Mint primer | Honey I shrunk AI: the latest in tech takeover

New Delhi, April 24 -- This month, Meta unveiled its new AI model, Llama-3, and Microsoft introduced Phi-3. The base version of each is tiny in comparison to large language models (LLMs). Turns out, s... Read More


Offline ready: Microsoft debuts Phi-3 Mini AI model

New Delhi, April 23 -- Microsoft Corp.'s new family of AI models unveiled on Tuesday is targeted at finding use in devices such as smartphones and other consumer-end applications, including in situati... Read More


Microsoft's new small AI model attractive for offline, local usage

New Delhi, April 23 -- Microsoft Corp.'s new family of AI models unveiled on Tuesday is targeted at finding use in devices such as smartphones and other consumer-end applications, including in situati... Read More


Former Tech Mahindra CEO Gurnani, IndiGo's Rahul Bhatia launch AI venture

New Delhi, April 23 -- Former Tech Mahindra CEO CP Gurnani and IndiGo's group managing director Rahul Bhatia on Tuesday launched a joint venture that will offer AI services, including generative AI, t... Read More


Wipro ends a dismal year, and the next quarter may be no better either

New Delhi, April 19 -- New Delhi:Wipro Ltd on Friday outlined bleak revenue growth for the June quarter, as India's third largest IT services company exited one of its worst years with declining reven... Read More