New Delhi, IT services company HCL Technologies on Friday reported 20.4 per cent rise in consolidated net profit to Rs 4,257 crore for the June quarter and gave revenue growth guidance of 3-5 per cent for FY2025.HCL top executives expressed confidence of achieving "good growth in the coming...
New Delhi: Optical and digital solutions company Sterlite Technologies has received approval from shareholders and creditors for the demerger of its global services business, paving the way for shares of the new business to be listed separately.According to the company, the demerger proposal...
Samsung Electronics has joined other investors including Fidelity and Foresight Capital in the US company's $277 million Series D round, Yonhap news agency reports.The South Korean tech giant said the investment will help it explore new business opportunities across a range of sectors, from...
New Delhi, Circuit House Technologies has raised US$4.3 million (approximately Rs 35.9 crore) in a funding round led by Stellaris Venture Partners and 3one4 Capital, with participation from several leading angel investors.According to a release, the funds will be used to assemble a team across...
"Our customers will experience exceptionally well-designed smartphones with high-end processors, great camera technology and a host of premium features across the range," Anand Dubey, CEO of Indcal Technologies, said in a statement.Indical Technologies will launch a wide range of smartphone...
The move is aimed at encouraging micro, small and medium enterprises (MSMEs) and startups in the aerospace and defense sectors, the Defense Research and Development Organization (DRDO) said."Indigenous development of these technologies will strengthen the military-industrial ecosystem," he...
Following a complaint filed by the Director of Vigilance of CSIR, New Delhi against 10 persons, including former scientists and senior officials, the CBI registered three separate cases.The raids were carried out at 17 places in Maharashtra, New Delhi, Haryana and Bihar, from where the CBI...
With this year's theme "Innovation and sustainable solutions for equal opportunities", the conference highlighted the importance of information and communication technologies (ICT), accessible physical infrastructure and transport, promotion of employment opportunities through political...
Siemens said its share in the order as part of the consortium is about Rs 558 crore to design, engineer and install and commission rail electrification technologies as well as digital solutions comprising supervisory control and data acquisition (SCADA) systems. .The project covers 30 stations...
New Delhi, Maruti Suzuki India Chairman RC Bhargava on Tuesday said the 100 per cent registration exemption for hybrid vehicles by the Uttar Pradesh government recognizes the fact that multiple technologies are required to reduce carbon emissions. and oil imports.The Uttar Pradesh government...
The acquisition cost includes an upfront amount of Rs 133 crore and a deferred amount of Rs 50 crore payable over four years.L&T Semiconductor Technologies Ltd (LTSCT) has entered into a share purchase agreement to acquire 100 per cent stake in Siliconech Systems Pvt Ltd, the company said in a...
A two-stage orbital launch vehicle called Agnibaan was launched on May 30, powered by India's first proprietary one-piece 3D printed semi-cryogenic engines, developed and incubated at the Indian Institute of Technology (IIT), Madras. developed by space technology startup Agnikul, incubated at...
New Delhi: Accenture on Monday announced the acquisition of Bengaluru-based semiconductor design services provider Excelmax Technologies for an undisclosed amount.Mahesh Jurale, global head of Advanced Technology Centers Global Network at Accenture, said the acquisition of Excelmax...
New Delhi, HCL Technologies on Monday said its chairperson Roshni Nadar Malhotra has been honored with France's highest civilian award, the Chevalier de la Légion d'Honneur.The Knight of the Legion of Honor recognizes his contributions to business and sustainability, the company said in a...
New Delhi, Wari Renewable Technologies Limited (WRTL) on Monday said it has won the contract to set up a 412.5 MW solar project in Rajasthan.WRTL said in a statement that the project will be set up on an engineering, procurement and contract (EPC) basis.The company did not disclose the value...
Speaking at the Security & Fire Expo organized by Informa Markets in India, Bejoy Alailo, Vice President, TP-Link Consumer, said the surveillance market in the country is projected to grow at a CAGR of over 16 per cent this decade. “By the rapid development of technologies introduced year after...
New Delhi, The Department of Telecommunications has invited research proposals on 'quantum standardization and testing laboratories' from Indian academic institutions or research and development institutes, an official release said on Sunday.The goal is to promote research and development in...
For the proposal titled 'Quantum Standardization and Testing Labs', DoT has invited submissions from Indian academic institutions or R&D institutions individually or in partnership.The main objective of this initiative is to accelerate research and development in quantum technologies, ensuring...
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New Delhi, Stock markets will be guided by global trends and trading activity of foreign investors, while in the latter part of the week the first quarter earnings of IT majors TCS and HCL Technologies will guide the investor sentiment, analysts said.Markets could consolidate after last week's...
The company's mandate is to strengthen intelligence capabilities and improve the state police's ability to predict and prevent crimes using AI.According to the state government, Maharashtra is the first state in the country to create an independent entity to enforce the law.The government...