The plea sought a direction that the Centre and other concerned...
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Govt to launch affordable cloud-based hospital management system for small clinics on Jun 29
Union Health Minister J P Nadda will launch an e-Sushrut clinic, a...
China’s 360 says it has developed tools to match Anthropic’s Mythos
360’s release marks the most high-profile Chinese answer yet to...
EIP partners with Nexacore, launches end-to-end device protection to Southeast Asia
Southeast Asia is expected to remain a high-growth market for device protection and warranty solutions, as rising usage and demand for protection products drive momentum across the wider region. As a result, the Asia-Pacific electronic gadget insurance market is...
Iran war disrupts the circuit board supply chain, raises costs for tech firms
The disruption is a fresh blow to electronics manufacturers which are already grappling with soaring memory chip costs and highlights the broadening impact of the Iran war that has wreaked havoc on supply chains, plastics, and oil supplies. The conflict in the Middle...
Acko eyes $300-$500 million IPO, valued at $2.5 billion
Founded in 2016, Acko has focused on digitising insurance purchase and has relied on partnerships with online platforms and mobility companies to scale. MUMBAI: India's Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned...
FM calls for exceptional vigilance on cybersecurity risks in financial system
Nirmala Sitharaman,Union Finance Minister "…not just Sebi but all regulated entities will have to remain exceptionally vigilant. The tools of attack are evolving at high speed, and the tools of defence must evolve even faster," Union Finance Minister Nirmala...
Policybazar grows its NRI biz in GIFT City
Bimal Menon, principal officer, Policybazaar’s GIFT City Branch, said, “Among NRIs, GIFT City is gaining strong momentum as a preferred investment hub. This shift is driven by benefits including tax-free gains u/s 10(10D), availability of US Dollar denominated market...
Govt forms panel under SBI chief Setty to assess Mythos-related risks: Sitharman
Nirmala Sitharaman,Union Finance Minister There will be a lot of interaction among banks over the next few weeks to understand the threats and also look at the areas where additional investments will be required, Sitharaman said. She said all this while, the system...
Microsoft must face $2.8 billion UK lawsuit over cloud computing licences
Competition lawyer Maria Luisa Stasi is bringing the case on behalf of nearly 60,000 businesses that run Windows Server on rival cloud platforms. Her lawyers have previously said the claim was worth up to 2.1 billion pounds ($2.8 billion). LONDON: Microsoft must...
AI Advatage:Leading companies focus on growth,not just productivity
``Insurance comes out as one of the stronger sectors in the survey, with solid groundwork in place for using AI. It has clear direction and strong controls around security and risk, however, it is not yet using AI as widely as the top performers. The biggest gap is...
AI defining force in risk management, improving operational efficiency, mkt surveillance: SBI Chief
"The next 25 years will not just be about scale, but about intelligent scale. Financial markets are now evolving in the fastest ways possible, becoming more interconnected and complex."CS Setty,chairman, SBI Mumbai:Artificial intelligence will play a central role in...
Global GDP to rise by USD 56 trillion in next 5 years driven by AI, quantum computing and other technologies: WEF
The report flagged several risks that could act as headwinds, including rising debt levels, societal polarisation, and the impact of climate change New Delhi:The global economy is expected to expand significantly over the next five years, with global GDP projected to...