Infosys has launched open-source Responsible AI toolkit that aims to address risks and ethical concerns. This initiative forms a component of the Infosys Topaz Responsible AI Suite, aimed at enabling enterprises to innovate responsibly, while mitigating risks associated with ethical AI adoption. The Infosys Responsible AI toolkit builds on the company’s AI3S framework (scan, shield
Demand trends in the aviation sector remained robust in Q4FY25 as per various indicators spanning daily traffic, Passenger Load Factor (PLFs), management commentaries and media reports. This is particularly positive considering Q4 being a typically weak quarter followed by seasonally strong Q1. ICICI Securities said that December is typically a seasonally strong month for air
Former President of Reliance Industries, Captain Raghu Raman, shared his unfiltered thoughts on Mukesh Ambani’s vision and leadership skills. In a post shared by RPG Group Chairperson Harsh Goenka on X (formerly Twitter), Raman said, “The one leader whose vision and thinking truly dwarf me is Mukesh Ambani.” In the clip, Raman shared an insight
Infosys, the Bengaluru-based IT giant, has officially started implementing salary hikes for its employees from February 24, as per a report by Moneycontrol. The increments range between 5 per cent to 8 per cent, with exceptional performers receiving hikes of 10-12 per cent. The salary hikes apply to employees in band JL6 and below, with
The fiscal third quarter was yet another subdued one for the consumer staples segment with indication of it already there from post Q2 commentaries highlighting urban slowdown/weak festive demand/delayed winter. According to JM Financial, volume trajectory is expected to remain subdued in the fourth quarter as well. “Our analysis suggests that Q4FY25 consensus expectations for
The budget carrier SpiceJet on Tuesday (February 25) announced their results for the quarter ending December 31, 2024 (Q3FY25), the company announced through an exchange filing. SpiceJet has reported a profit after tax (PAT) of Rs 26 crore in Q3FY25, marking a turnaround from a loss of Rs 300 crore in the same period last
Hyderabad-based CtrlS Datacenters on Tuesday inaugurated a Rs 4,000-crore data centre park in Chennai, and said it is considering an initial public offering (IPO) to fund its capex and expansion plans. “The AI-driven opportunity is significantly expanding, requiring billions more in capex,” chairman Sridhar Pinnapureddy said. “We are contemplating and the Board has been discussing
Fast-moving consumer goods (FMCG) majors such as Godrej Consumer, Britannia and ITC are rolling out stock-ready vans to streamline stock replenishment in rural markets, significantly reducing turnaround times for retailers. Traditionally, FMCG distribution in rural areas follows a two-step process — sales representatives would visit retailers to collect orders and deliveries would follow either later
Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Early trends from Gift Nifty indicates a positive start for the markets today. Asian markets are also trading higher, with key indices in Japan and South Korea opening on a positive note. Meanwhile, Indian stock markets have reopened after a long weekend and the
After a long weekend on account of Holi, the Indian stock markets are set to resume trading today, March 17. But will the break bring fresh momentum, or will investors return to a cautious start? Early trends from Gift Nifty indicate a positive opening. From Wall Street’s performance to key economic announcements, several factors will
After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading
By Anand James One point at the start of last week was how strong an offensive could the bears launch. At that point, we were just coming off a sub 25 RSI level, which had historically favoured a bounce back. But such moves also held a strong chance of fizzling out quickly. This is why
Ride-hailing platform Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command an estimated 95% market share. The move comes at a time when restaurants have been voicing growing concerns over high commission rates and potential conflicts of interest following
