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    1. Business News
    2. Authors
    3. padmini dhruvaraj

    Padmini Dhruvaraj

    Wipro, Q3 results, quarter earnings, dividend, revenue guidance, profit, client, deal TCV, Furlough impact, discretionary demand
    Wipro collaborates with leading US healthcare payers, forecasts strong FY25

    Wipro has been developing AI solutions specifically tailored for the healthcare sector. One prominent example is the GenAI-powered contact centre…

    By Padmini Dhruvaraj
    August 29, 2024 00:45 IST
    The newly launched models come equipped with advanced AI features such as AI Wash, AI Energy Mode, AI Control, and AI eco bubble, all aimed at enhancing user convenience and efficiency. (Image Credits: Samsung)
    Samsung India targets 70% home appliance sales from AI products by 2025 Premium Story

    The launch event was marked by the introduction of 10 new large-sized, front-load washing machines, including a new 12 Kg…

    By Padmini Dhruvaraj
    August 28, 2024 08:16 IST
    B2C ecommerce funding
    B2C e-comm funding soars 200% to $1.6 billion in Q2

    Analysts attribute this surge in fundraise by some of the bigger players such as Zepto during the June quarter, rapid…

    By Padmini Dhruvaraj
    Updated: August 26, 2024 07:36 IST
    Infibeam Avenues, Infibeam, Infibean profit
    93% of large firms see AI as essential, but talent remains constraint: Report

    The report is based on a survey of 600 senior IT decision-makers from large companies across the USA, UK, India,…

    By Padmini Dhruvaraj
    August 21, 2024 03:30 IST
    Magellanic Cloud, Magellanic Cloud news, Magellanic Cloud report, industry, industry news
    Magellanic Cloud aims for 25-30% revenue growth in FY25

    In the quarter ended June, the company reported a revenue of Rs 132 crore, a decrease from Rs 137 crore…

    By Padmini Dhruvaraj
    August 17, 2024 01:45 IST
    Automotive sector, express mobility, macroeconomic, macroeconomic news, original equipment manufactures
    Automotive sector slowdown, macroeconomic woes hit ER&D companies’ growth in Q1

    Several companies have reported a sharp decline in demand, particularly in Europe, due to slower-than-expected adoption of electric vehicles (EVs)…

    By Padmini Dhruvaraj
    August 17, 2024 00:50 IST
    AI
    89% of Indian leaders predict AI-driven overhaul, smaller CX teams: Report

    This evolution is also expected to lead to smaller CX teams, with 73% of leaders in India predicting downsizing due…

    By Padmini Dhruvaraj
    August 15, 2024 10:44 IST
    happiest minds, financial results, industry
    Happiest Minds sees strong revenue growth in Q1

    Despite the positive revenue growth, the company’s Ebitda margin slightly contracted to 23.9% of total income.

    By Padmini Dhruvaraj
    August 13, 2024 23:05 IST
    revenue
    Midcap IT firm posted higher revenue growth than larger peers in April-June

    However, mixed performance on margins, & profit front

    By Padmini Dhruvaraj
    Updated: August 12, 2024 16:05 IST
    IT majors see slump in Europe revenues

    Lack of large deal wins in June quarter

    By Padmini Dhruvaraj
    August 10, 2024 03:00 IST
    For success in AI adoption tech firms need greater gender diversity: Nasscom-BCG report
    For success in AI adoption tech firms need greater gender diversity: Nasscom-BCG report

    The landscape of India’s tech industry is evolving, with women making up 36% of the workforce, the report noted.

    By Padmini Dhruvaraj
    August 9, 2024 02:00 IST
    AI & ML skills taking over the role system engineers in IT firms
    AI & ML skills taking over the role system engineers in IT firms

    Infosys, which recorded an unprecedented hiring spree in 2022, is now grappling with delays in onboarding over 500 freshers, many…

    By Padmini Dhruvaraj
    August 8, 2024 02:45 IST
    Indian startups
    Indian startups to attract $1 billion funding in 2024, 25% higher than 2023

    In India, Bessemer Venture has invested in companies such as MediAssist, Swiggy, Urban Company, Bigbasket, Pharmeasy, and The Good Glamm…

    By Padmini Dhruvaraj
    August 6, 2024 15:47 IST
    Generative AI
    Sonata Software has 9 AI deals, expects larger ones in early FY26

    The mid-tier IT company reported a 15% sequential increase in revenue from operations for the quarter ended June, reaching Rs…

    By Padmini Dhruvaraj
    August 5, 2024 03:45 IST
    Notably, the majority of those waiting for their joining dates are for the role of 'system engineer,' a position increasingly being automated due to advancements in artificial intelligence.
    500 freshers face over 2-year joining delay at Infosys

    Company says it honours all offers; onboarding is aligned with client requirements.

    By Padmini Dhruvaraj
    August 5, 2024 01:15 IST
    Skills and talent development firm, NIIT, NIIT, industry
    NIIT’s net profit down 30% to Rs 7.8 crore

    NIIT has also been focusing on Generative AI applications within Indian enterprises, with initial successes and a strong capability built…

    By Padmini Dhruvaraj
    August 3, 2024 04:30 IST
    GST Council Meeting, GST, GST rate, rate rationalisation, cancer drugs, life and medical insurance, GoM, Nirmala Sitharaman, Helicopter travel, R&D activities, Namkeens, car seats
    Nasscom defends IT firms as more GST notices loom

    A source said that tax authorities are likely to send notices to many companies based in Hyderabad, Pune and Chennai…

    By Priyansh Verma
    August 2, 2024 09:42 IST
    Cognizant
    Cognizant beats estimates, raises revenue guidance for 2024

    The company also raised its annual revenue guidance on both ends of the spectrum, indicating improved visibility of revenue growth.

    By Padmini Dhruvaraj
    August 1, 2024 19:26 IST
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    Wall street, us stock market, amazon-open ai deal, dollar, dollar 3-month high, wall street stock market

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