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AI, telecom infra vital for each other, concerns remain on AI-based system's impact: Trai Chair
For Real, an online factory outlet marketplace redefining branded value shopping in India, has raised Rs 3.2 crore in a pre-Seed funding round from Titan Capital. The startup will use the fresh capital to build and scale its technology platform and drive early user adoption. Founded by Anurag Sheth and Mohit Sheth, For Real is building a dedicated online factory outlet marketplace that separates liquidation from primary commerce. The platform enables brands to liquidate excess inventory in a predictable and transparent manner, without impacting their core sales channels. For consumers, it offers a discovery-led value shopping experience focused on branded products rather than random discount-led browsing. “We have backed Anurag and Mohit because they have a clear understanding of a real and persistent problem brands face with excess inventory. They are building a structured, tech-led off-price marketplace with a strong focus on brand integrity, rather than short-term liquidation. As...
Wipro Chairman Rishad Premji highlights AI scaling as the key challenge, with deal conversion delays impacting growth, but expects revenue upside as order bookings rise and AI platforms expand.
Rishad Premji says order bookings and large deals offer comfort, but client ramp-up delays and cost pressures continue to weigh on near-term growth.
Eternal Limited, formerly known as Zomato, reported strong growth in revenue and profit for the third quarter of FY26. The performance was mainly driven by the rapid expansion of its inventory-led quick commerce business Blinkit and a change in revenue recognition after moving to an inventory ownership model. The Gurugram-based foodtech and quick commerce company reported a consolidated net profit of Rs 102 crore for Q3 FY26, compared with Rs 59 crore in the same quarter last year. This represents a year-on-year increase of about 73%. Revenue from operations rose sharply to Rs 16,315 crore in Q3 FY26 from Rs 5,405 crore in Q3 FY25, an increase of around 202% year-on-year. On a quarter-on-quarter basis, revenue increased 20% from Rs 13,590 crore in Q2 FY26. The company said the sharp rise in reported revenue was largely due to its shift to inventory ownership in quick commerce. Under this model, revenue now includes the full value of goods sold instead of only marketplace commissions...
Larsen and Toubro Ltd believes end-to-end ownership will allow it to offer some of the cheapest services to clients, even as demand for data centres accelerates alongside the global push into artificial intelligence.
Biocon has completed the acquisition of the remaining equity shares of its unlisted subsidiary Biocon Biologics from Mylan Inc for $200 million, taking its total stake in Biocon Biologics to about 98% on a fully diluted basis.
The Navi Mumbai facility is designed to support build-to-suit, enterprise and NeoCloud workloads, offering high-density computing for AI and mission-critical applications
Major Wall Street banks are pushing back on some of President Donald Trump's ideas for lowering the U.S. cost of living ahead of mid-term elections, while suggesting others in an effort to shape policy, sources familiar with the discussions said.
The infrastructure to develop and power generative artificial intelligence models will require further "trillions" of dollars in investment, the head of top AI chipmaker Nvidia said Wednesday.
Netflix's co-CEOs found themselves in an unusual position after the company's latest earnings report: on the backfoot. The streaming pioneer's decision to plunk down nearly $83 billion on Warner Bros' assets marks a significant departure from the company's long-standing mantra: build, don't buy.
JPMorgan Chase CEO Jamie Dimon warned on Wednesday that a proposal to cap credit card interest rates would amount to economic disaster, while U.S. President Donald Trump doubled down on the idea and said he was asking Congress to approve the move.
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