Technology News
LTIMindtree wins $450 million deal from ADM
LTIMindtree secured its largest deal ever, a $450 million agreement with Archer Daniels Midland (ADM) for seven years. The company will implement an AI-powered operating model to enhance ADM's operational efficiency and global growth through application manag…
Swiggy stock hit as pre-IPO lock-in period expires; shares worth $7.7 billion now eligible for trading
Analysts predict the scrip will be under pressure in the near future, as some early investors may seek an exit despite Swiggy trading below its IPO price.
ETCIO Annual Conclave 2025: Redefining CIO's journey from technology steward to enterprise leader
The Economic Times CIO (ETCIO) will host its 7th Annual Conclave from May 29th to June 1st, 2025, at the Grand Hyatt, Goa. The event, themed "CIO 3.0: Transforming Innovation into Business Reality," will bring together over 200 technology leaders to discuss t…
Happiest Minds Technologies shares in focus after Q4 PAT drops 53% YoY
Happiest Minds Technologies reported a 52.8% YoY drop in Q4FY25 profit to Rs 34 crore, even as revenue surged 30.5% to Rs 544.6 crore. FY25 profit fell 25.7% while annual revenue rose 26.8%. The company added 14 new clients and declared a Rs 3.5 final dividen…
Donald Trump family Bitcoin company announces plan to go public
American Bitcoin was started in late March, when Trump and his older brother, Donald Trump Jr., announced that they were joining forces with a bitcoin mining firm called Hut 8. Bitcoin mining is a vital branch of the crypto industry, in which major companies,…
Ant to sell 4% in Paytm for nearly Rs 2.1k crore
India Business News: MUMBAI: In three companies - One97 Communications (Paytm), Aether Industries, and KFin Technologies - institutional shareholders and promoters are sel.
Flipkart may limit its quick commerce expansion to top cities to reduce burn
Flipkart is limiting the expansion plans of its quick commerce unit, Flipkart Minutes, as it looks to add new dark stores only in the top six to eight cities, according to people familiar with the matter. Flipkart’s cautious approach to quick commerce comes a…
Cybersecurity agency CERT-In flags spike in online threats
Amid rising tensions between India and Pakistan, CERT-In has flagged a significant increase in cyber threats targeting Indian businesses and government entities. The agency has issued advisories, especially for MSMEs, urging them to implement robust, cost-eff…
Ten satellites working 24/7 to ensure Indians' safety: ISRO chairman
ISRO Chairman V Narayanan stated that ten satellites are monitoring the nation's boundaries round the clock to ensure national security. India aims to establish its first space station by 2040, he said. ISRO is developing a satellite for G20 countries to stud…