How will decision from the Budget shape the future of AI in India?

Finance Minister Nirmala Sitharaman, at the Union Budget 2023 parliamentary session, made several noteworthy remarks about the efficient integration of artificial intelligence (AI) and technology in the Indian economy. Through…

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Infosys, GE Digital form partnership with focus on utilities industry

Infosys forms partnership with GE DigitalInfosys has announced a strategic collaboration with GE Digital, the software division of GE, to follow a joint go-to-market approach to deliver value-added solutions for…

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SaaS startup Ushur lands $50M Series C investment led by Third Point Ventures

Ushur, the Santa Clara and Bengaluru-based AI-powered customer experience automation (CXA) platform, has raised $50 million in a Series C funding round led by Third Point Ventures, along with existing…

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Banks’ exposure to Adani Group ‘insufficient’, face limited risk: Fitch

Indian banks' exposure to Adani Group is "insufficient in itself" to pose a substantial risk to their credit profiles, Fitch Ratings said on Tuesday.Adani Group has faced stock rout and…

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Boeing to showcase initiatives to boost ‘Make-in-India’ at Aero India

US aerospace major Boeing on Tuesday said it will showcase at the upcoming Aero India its focus on boosting local services, investments and partnerships in complimenting India's ambitious goal of…

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Electric passenger vehicles retail sales decline 10.51% in January 2023

Electric passenger (EV) vehicle retail sales declined by 10.51% sequentially to 3,346 units in January 2023 over 3,739 vehicles sold in December last year, according to the Federation of Automobile…

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Moody’s says bank exposure to Adani not large to affect credit quality

Moody's Investor Service on Tuesday said banks' exposures to Adani are not large enough to affect their credit quality materially."While we estimate that the exposures are larger for public sector…

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