Mumbai, July 10 (IANS) Domestic equity benchmarks ended about 1 per cent higher each on Friday, extending their gains on the back of strong buying in information technology (IT), financial stocks, and realty stocks.Nifty settled at 24,206.90, up 244.10 points or 1.02 per cent. Similarly, Sensex climbed 827.57 points or 1.08 per cent to close at 77,569.39.The rally was led by IT and realty stocks, with the Nifty IT index rising around 2 per cent to emerge as the top-performing sector. Financial s…
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Thiruvananthapuram, July 9 (IANS) Artificial Intelligence (AI) must become an integral part of India’s education system and find applications across sectors beyond information technology if the country is to emerge as a global leader in the field, NASSCOM President Rajesh Nambiar said here on Thursday.Highlighting NASSCOM’s role in shaping India’s AI ecosystem, Nambiar said the industry body is working closely with the University Grants Commission (UGC) and other national education agencies to…
Mumbai, July 4 (IANS) The Indian equity benchmarks posted a fourth consecutive week of gains, over sustained correction in crude oil prices and expectations of a more favourable global interest rate environment.Nifty added 0.89 per cent during the week and edged up 0.39 per cent on the last trading day to reach 24,270. At close, Sensex was up 261 points, or 0.34 per cent, at 77,763. It added 0.86 per cent during the week.The domestic markets shifted from defensive caution at the start of the wee…
Thiruvananthapuram, June 22 (IANS) A day after being asked to head an ad hoc committee of the Association of Malayalam Movie Artistes (AMMA), Ramesh Pisharody, known for his wit and humour, carried the same flair into the Kerala Assembly in his debut speech. The Palakkad Congress MLA’s maiden speech in the Budget debate made the House laugh, but also delivered pointed political punches.Pisharody began by thanking the people of Palakkad for electing him, before targeting the Left over its defea…
Mumbai, June 13 (IANS) The Indian equity benchmarks posted notable gains this week after two weeks of consecutive losses, over investor optimism about potential US-Iran peace agreement, and decline in Brent crude prices.Nifty added 1.10 per cent during the week and gained 1.99 per cent on the last trading day to reach 23,622. At close, Sensex was up 1,695 points or 2.30 percent at 75,527. It added 1.73 per cent during the week.The Indian equities showed structural resilience in a turbulent week,…
New Delhi, June 13 (IANS) Meta CEO Mark Zuckerberg has told employees that the company made “mistakes” in reshaping its workforce around artificial intelligence, adding that further company‑wide layoffs are not expected this year.Zuckerberg pledged to provide greater stability as possible” in terms of organisation changes going forward, multiple reports said.”I don’t want to over promise because the world is changing in ways that are out of our control,” he said, adding that rapid advances…
Mumbai, June 9 (IANS) Tata Consultancy Services expects a major transformation in the coming years, with artificial intelligence (AI) becoming deeply integrated into its workforce and operations, its Chairman N Chandrasekaran said on Tuesday.Speaking at the 31st Annual General Meeting here, he said that over the next three years, the company could have as many AI agents as human employees, marking a major shift in how work is done at TCS.He said the company is building what he called “the most…
Hyderabad, June 2 (IANS) Telangana Governor Shiv Pratap Shukla said on Tuesday that the formation of the state stands as a symbol of the sacrifices made by martyrs and the democratic struggles waged over several decades.On the occasion of Telangana State Formation Day, the Governor unfurled the National Flag at the Lok Bhavan. Subsequently, he received the Guard of Honour from the police forces.He paid rich tributes to the martyrs who laid down their lives during the Telangana movement.On this o…
Mumbai, May 23 (IANS) Indian equity benchmarks posted notable gains during the week as sentiments improved over easing crude oil prices and reports of indirect US–Iran talks.Nifty gained 0.32 per cent during the week and added 0.27 per cent on the last trading day to reach 23,719. At close, Sensex was up 231 points or 0.31 per cent at 75,415. It advanced 0.24 per cent during the week.”Despite the rebound, investors largely remained cautious, with limited conviction at higher levels continuing …
Nashik, May 22 (IANS) The Nashik Police filed a 1,500-page chargesheet on Friday against the accused in the sexual harassment case involving the Nashik BPO unit of Tata Consultancy Services (TCS). A total of nine FIRs have been registered against the accused. Of these, a chargesheet has currently been filed in only one case. An official statement issued by the team of Nashik Police Commissioner Sandeep Karnik revealed that the Special Investigation Team (SIT) — which is probing the allegations …