Sector Software & Services - Latest news, views and updates

SECTOR | 12 Dec 2024

Cognizant, Zscaler Expand Partnership To Accelerate Adoption Of AI-Enabled Zero Trust Security

NDTV Profit

The partnership aims to enable enterprises to streamline policy enforcement, enhance threat detection and isolate security threats with an AI-powered offering supported by various capabilities.

Software & Services

SECTOR | 12 Dec 2024

Techno Funda

Software & Services

IDBI Capital

Software & Services

SECTOR | 09 Dec 2024

Make AI in India, work for India is vision for nation's AI revolution: Min

Business Standard

Union Minister Jitin Prasada on Monday asserted the vision to develop artificial intelligence (AI) in India, for India, and all, and said the country is poised for an AI revolution. Prasada, Minister of State for Electronics & Information Technology, in a keynote address at the India Internet Governance Forum (IIGF) 2024, said India is not only the largest democracy, but also a vibrant digital economy setting new benchmarks for innovation and inclusivity. He said discussions today should not only focus on addressing the challenges of internet governance but also on exploring transformative solutions. "Artificial intelligence is a cornerstone of these transformative solutions. Our vision is to make AI in India and make AI work for India, as well as AI for all. Today, India is placed for a transformative AI revolution," he said. The minister quoted Prime Minister Narendra Modi, "If earlier, human civilisations were based around rivers and oceans, then later around highwaystoday's...

Software & Services

SECTOR | 08 Dec 2024

Drop in number of students impact Kota's coaching, hostel industry

Business Standard

Business has slowed down for coaching centres and hostels in Kota following negative publicity over student suicides, new guidelines regulating coaching centres and the expansion of coaching brands to other cities, according to industry stakeholders. The number of students in Kota has fallen to 85,000 to 1 lakh this year from the usual 2 to 2.5 lakh, reducing the annual revenue to Rs 3,500 crore from Rs 6,500 to 7,000 crore, they said. Despite the setback, stakeholders remain optimistic about the credibility of the Kota coaching model and its environment, that is absent in other cities. Kota's educational system and environment are unmatched and will attract students back next session, which will compensate for the decline, Govindram Mittal, Zonal Chairperson, United Council of Rajasthan Industries said. He said that industrialists are also looking at alternative opportunities, with plans to establish Information Technology (IT) hubs in the city, modelled after Bengaluru. Earlier

Software & Services

SECTOR | 03 Dec 2024

Jio Platforms, Tata Communications, Sify Digital Services among 19 bidders to procure 10,000 GPUs under IndiaAI Mission

Business Line

Ministry of Electronics and Information Technology (MeitY) on Tuesday said the pre-bid meeting in August witnessed enthusiastic participation from over 50 service providers

Software & Services

SECTOR | 28 Nov 2024

New guidelines on laptop import policy still under deliberation: Goyal

Business Standard

Union Minister Piyush Goyal on Thursday said the new guidelines on India's laptop import policy are still under deliberation by the Ministry of Electronics and Information Technology. Asked about the import authorisation system for IT hardware products and what kind of guidelines the government is looking at, Goyal said, "I think, this is still under deliberation. It is handled by the Ministry of Electronics and Information Technology. I am not privy to what is in their mind for the future". It is pertinent to mention here that in September this year, the government extended the approval system for the import of certain IT hardware products, including laptops and tablets, for three months till December 31. These imports stood at USD 8.4 billion in 2023-24 against the authorisation of about USD 9.5 billion. Most of these imports were coming from China. "It is clarified that the importers are allowed to apply for import authorisations, which will be valid up to December 31, 2024....

Software & Services

SECTOR | 22 Nov 2024

This microcap stock zoomed 10% on Nov 22 after co announced stock split

Business Standard

Shares of microcap firm Dev Information Technology rose up to 10.12 per cent at Rs 168.10 a piece on the BSE in Friday's intraday deals

Software & Services

SECTOR | 21 Nov 2024

Information Technology

Software & Services

Prabhudas Lilladhar

Software & Services

SECTOR | 16 Nov 2024

UP minister Gupta's company accountant duped of Rs 2.08 cr by cyber frauds

Business Standard

An accountant of a company owned by Uttar Pradesh cabinet minister Nand Gopal Gupta's was allegedly duped of Rs 2.08 crore by cyber frauds, police said on Saturday. On the complaint of Ritesh Srivastava, a case was registered on Thursday in the cyber police station against unidentified individuals under section 319 (2), 318 (4) of the Bharatiya Nyaya Sanhita and sections 66C and 66D of the Information Technology Act, they said. Srivastava works for Icavo Agro Daily Private Limited, owned by the minister and managed by his son Abhishek Gupta. According to the complaint, Srivastava received a WhatsApp message on November 13 from a number displaying Abhishek's profile photo. The sender claimed it was a new number and sought sensitive financial information related to a proposed business meeting, the complainant said. Believing the message to be genuine, Sivastava shared the company's account details on that number following the instructions of the company's director, it...

CM Siddaramaiah to inaugurate 3-day Bengaluru Tech Summit on Nov 19

Business Standard | 16 Nov 2024

Software & Services

SECTOR | 14 Nov 2024, 12:00AM

IT Services: Q2FY25 Earnings Review

Software & Services

IDBI Capital