Business News

Business

Cognizant's AI Revolution: 12,000 Jobs Transformed, 14,000 Employees Return

Cognizant CEO Ravi Kumar reveals how AI and automation have freed up 12,000 jobs, with 14,000 former employees rejoining. Over 230,000 employees are now AI-trained, marking a signi...

Business

India's Finance Minister Denies US Pressure, Highlights Ongoing Customs Duty Reductions

Finance Minister Nirmala Sitharaman denies US pressure on customs duty reductions, emphasizing policy alignment with India's development goals. The government has rationalized cust...

Business

Lockheed Martin and Google Forge AI Partnership to Revolutionize Defense Technology

Lockheed Martin partners with Google Public Sector to integrate advanced generative AI into defense systems, aiming to enhance national security, aerospace, and science operations ...

Business

Crusoe Secures $225M Funding to Power AI Expansion with Nvidia's Cutting-Edge Chips

Crusoe raises $225M to purchase Nvidia's Hopper chips, aiming to expand its AI cloud platform and meet the growing demand for AI services, with funding from Upper90 Capital Managem...

Business

Tencent Makes a Bold Move: Invests €1.16 Billion in Ubisoft's New Gaming Subsidiary

Ubisoft partners with Tencent in a €1.16 billion deal to create a subsidiary for its major gaming franchises, aiming for long-term growth and innovation in the gaming industry.

Business

Zen Technologies Secures Major Rs 152 Crore Defense Contract for Cutting-Edge L70 Gun Simulator

Zen Technologies Ltd has won a Rs 152 crore order from the Indian defense ministry for its IADCS simulator for the L70 gun, showcasing advancements in virtual defense training and ...

Business

Zaggle Expands Fintech Dominance with Majority Stake Acquisition in EffiaSoft

Zaggle Prepaid Ocean Services Ltd acquires a 51% stake in EffiaSoft Private Ltd for over Rs 41 crore, enhancing its fintech ecosystem with EffiaSoft's billing software expertise an...

Business

Trump Announces Sweeping 25% Tariff on Imported Automobiles and Parts, Sparks Global Trade Tensions

US President Donald Trump's announcement of a 25% tariff on imported automobiles and parts has sparked global trade tensions, with potential impacts on American consumers and speci...