New Delhi, July 28 (IANS) As AI reshapes business models across the technology sector, the selloff in US technology stocks stretched into a fourth straight trading session, wiping about $1.2 trillion from the sector’s market value.Nasdaq 100 index extended its decline overnight, with Tesla leading losses after tumbling more than 16 per cent over the past four trading sessions. Moreover, Sandisk, T-Mobile, Meta Platforms, Alphabet and Amazon fell between 7 per cent and 10 per cent over the same p…
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Bengaluru, June 30 (IANS) India’s global capability centre (GCC) ecosystem is well-positioned to drive the country’s next phase of innovation-led growth by partnering with startups, incubators and young innovators, Atal Innovation Mission (AIM) Mission, Director Deepak Bagla said on Tuesday.Speaking at the GCC Conclave — organised by AIM, NITI Aayog, in partnership with the Software Technology Parks of India (STPI) — on Innovation 2026 here, Bagla highlighted the growing role of GCCs in India’…
New Delhi, April 28 (IANS) Bengaluru remains a prominent talent hub for India’s top companies hiring in the silicon valley of the country, followed closely by Hyderabad, a new report showed on Tuesday.Delhi, Mumbai, and Chennai also continue to be hiring hubs, where companies are looking for professionals who combine technical fluency with human skills like communication and problem‑solving – the capabilities AI cannot replace, according to the report by LinkedIn.Based on signals from the …
New Delhi, March 3 (IANS) US stock markets are set to open sharply lower on Tuesday, as rising tensions in the Middle East continue to shake investor confidence and push oil prices higher.Futures linked to the S&P 500 and the Dow Jones Industrial Average were down nearly 2 per cent in pre-market trade, while futures of the Nasdaq Composite fell around 2.5 per cent — indicating a weak start for Wall Street.The decline comes as tensions between the United States, Israel and Iran intensify.Con…