Bengaluru: HCLTech shares rose nearly 6% on the BSE on Friday after the IT firm announced a $1.1 billion mega deal with a Europe-based Fortune Global 50 enterprise, which sources told TOI is Mercedes-Benz. The agreement is among the largest AI-led deals announced by an Indian IT firm this year and underscores the growing scale…
Representative image (AP) BENGALURU: HCLTech shares rose nearly 6% on the BSE on Friday after the IT firm announced a $1.1 billion mega deal with a Europe-based Fortune Global 50 enterprise, which people in the know told TOI is Mercedes-Benz. The agreement is among the largest AI-led deals announced by an Indian IT firm this…
BENGALURU: India’s AI data-centre boom is creating an unexpected winner: engineers from mechanical, electrical and industrial backgrounds. As companies race to build energy-intensive AI infrastructure, mechanical, electrical and cooling engineers-roles long overshadowed by software jobs-are back in demand, commanding hefty salaries and opening a new career path for industrial talent.Companies actively hiring span the full…
BENGALURU: German software major SAP is tightening hiring, travel and third-party spending as it steps up investments in artificial intelligence, according to an internal email sent to employees.In the email, SAP said the rapid pace of AI adoption is driving significant investments in AI products, strategic acquisitions and the infrastructure needed to support AI workloads….
Bengaluru: A father who has voluntarily given up responsibility for his child cannot later seek visitation rights, Karnataka high court held recently, observing that parental rights cannot be separated from parental responsibilities.“When a father is not ready to take up responsibility for the child financially and emotionally, he cannot interfere in the child’s life for…
NEW DELHI: Commerce and industry minister Piyush Goyal on Friday urged states to identify products that are currently imported but can be manufactured competitively in India.He said such efforts would not only reduce import dependence and save foreign exchange but also strengthen domestic supply chains and reduce vulnerabilities arising from excessive dependence on foreign suppliers.This…
Representative image (ANI) NEW DELHI: For many Indian consumers, owning an iPhone remains a status symbol. So, it would be easy to assume that Apple dominates smartphone purchases made through easy monthly instalments. The reality, however, is quite different.Samsung is the country’s leading smartphone brand in terms of devices sold through financing, followed by Vivo…
Mangaluru: City police have arrested three persons in connection with a gold trader dacoity on NH-66 near Baikampady in the early hours of June 29. Police have secured 10-day custody of the accused and intensified efforts to trace the remaining 13 suspects.City police commissioner Sudheer Kumar Reddy CH said complainant Vikas Subbarao Dhanawade, 44, was…
Udupi: A private company employee has been accused of defrauding the firm of Rs 13.4 lakh by altering documents.The complainant, an area manager at a private company that operates retail stores selling stationery and toys across India, stated that the accused, Nazeer Ahmed Kasimkhan, had worked as an assistant store manager at the company’s Kalsanka…
Street vendors, who were evicted by the Mangaluru City Corporation, meet DC Darshan HV in Mangaluru Friday Mangaluru: Street vendors evicted by the Mangaluru City Corporation (MCC) during a recent drive, including those from Sunday Bazaar, met deputy commissioner Darshan HV Friday seeking rehabilitation.They urged the DC to protect their livelihood and provide alternative arrangements….
