Warsaw, Poland—November 12, 2024—the International Finance Corporation (IFC) has committed an equity investment of up to €15 million in Cogito Fund II, a venture capital fund focused on supporting early-stage tech companies in Central and Eastern Europe (CEE). The €125 million fund will primarily invest in Series A+

The value of US-based edtech company Chegg has plummeted by 99% since its peak in 2021, wiping out an estimated $14.5 billion in market capitalization. The sudden decline in stock price and loss of over half a million paid subscribers have raised concerns about the company's ability to pay

Industry Trends The Indian label industry faces a lack of domestic manufacturing for machinery by MNCs.Sustainability is crucial for businesses, and companies like Orient are promoting environmentally friendly practices.Despite Indian/Chinese presses gaining popularity, European players can compete due to Orient's quality, service, and use of newer technology.

Mumbai, November 12 -- The shares of L&T Technology Services Ltd surged 4% on Tuesday, 12 November, after the company announced the acquisition of California-based software and artificial intelligence (AI) firm Intelliswift for $110 million. In a statement released on Monday, LTTS announced that its wholly-owned subsidiary, L&

Mumbai, November 12, 2024 - The Indian financial sector saw a significant boost with the launch of a workshop on "Digitalisation of Financial Education: A Modern Approach for Investor Protection and Capital Market Development", organized by the Investor Education and Protection Fund Authority (IEPFA), National Council of Applied Economic Research

Warsaw, Poland—November 12, 2024—The International Finance Corporation (IFC) has invested up to €15 million in Cogito Fund II, a venture capital fund focused on supporting early-stage tech companies in Central and Eastern Europe. Cogito Fund II aims to help innovative startups access the capital and resources necessary to

Aligarh: CloudFirst Technology, a leading provider of innovative cloud solutions, has launched its AI Factory, a dedicated space for developing and growing its Artificial Intelligence (AI) services and solutions. With certifications in ISO 27001:2013 and ISO 9001:2015, CloudFirst Technology has established itself as a quality-driven firm with strong

In a strategic move to drive digital payments, iServeU, a leading digital payment solutions provider, announced its partnership with PAX Technology, the global leader in electronic payment terminals. The two companies have collaborated to launch an all-in-one soundbox terminal capable of accepting QR-based payments, NFC, and EMV Dip transactions. The

In a surprise move, shares of Larsen & Toubro (L&T) Technology Services, a leading IT software company in the largecap industry, witnessed a 3.61% boost on November 12, 2024, closing at Rs 5305.05. According to MarketsMojo, a financial research and analysis firm, L&T Tech

Industry trends and challenges:Adoption of 4.0 Industry (Industry 5.0) technology and automation in the Indian label and packaging industryCompetition from Chinese presses Sustainability: Incorporating sustainability into operationsUsing solar power generating systems to promote sustainability Regulatory requirements: Meeting global health and safety regulations by ensuring sufficient space on

Mumbai, November 12 - Shares of L&T Technology Services Ltd (LTTS) surged by 4 percent on Tuesday after the company announced its acquisition of California-based software and artificial intelligence firm Intelliswift for a whopping $110 million. According to the company's announcement, LTTS' wholly owned subsidiary, L&T

Bangalore, India - CloudFirst Technology Private Limited, a renowned provider of innovative cloud solutions, has introduced its AI Factory – an exclusive space for exploring, developing, and delivering cutting-edge Artificial Intelligence (AI) services and solutions. This move reflects the company's unwavering commitment to harnessing advanced technologies to make meaningful improvements across

Mumbai, India - iServeU, a leading digital payment solutions provider, has partnered with PAX Technology, a global leader in electronic payment terminals, to launch an all-in-one soundbox terminal capable of accepting QR-based payments, NFC, and EMV Dip transactions. This strategic partnership aims to drive the next generation of digital payments

Noida, November 12, 2024 - L&T Technology Services, a leading Indian IT software company, witnessed a significant surge in its stock performance on Tuesday, closing at Rs 5305.05 with a gain of 3.61% against the previous day's close of Rs 5108.45. The company's shares have

Business Strategies: Incorporating sustainability: Orient has solar panel manufacturing, offered discounts on solar power generating systems to customers purchasing their machinery.Manufacturing at home: The company aims to reduce reliance on imports by fostering a domestic industry for label printing machines.Technology Trends: Robotics and automation: Industry 4.0 adoption

Mumbai, November 12, 2023 - Shares of L&T Technology Services Ltd skyrocketed by 4% on Tuesday after the company announced its plans to acquire California-based software and artificial intelligence (AI) firm Intelliswift for a whopping $110 million. According to a statement issued by LTTS, its wholly owned subsidiary,

In an effort to equip students with in-demand skills and enhance their employability prospects, Mississippi Gulf Coast Community College (MGCCC) proudly announces the launch of its revamped AI and Data Technology program. Formerly known as the Data Analytics Technology program, this revamped curriculum places a strong focus on artificial intelligence

New Delhi: As researchers continue to push the boundaries of quantum computing, Indian industry leaders are eagerly investing in a transformative technology expected to revolutionize sectors including cybersecurity, healthcare, and logistics. According to results from a recent survey conducted by Primus Partners, a leading consultancy firm in India, nearly 75%

In a surprising twist, mid-tier technology firms are snatching deals worth over $100 million, rendering the notion that smaller budgets would limit their ability to secure large orders obsolete. Persistent Systems Sonata Software and L&T Technology Services (LTTS) have emerged as frontrunners in the services outsourcing space, leveraging

The Asian Pacific (APAC) region is poised to witness a resurgence in technology adoption and growth in 2025, driven by the increasing demand for localized solutions from customers and regulators alike. According to a recent report by Forrester, AI-driven business initiatives will continue to force IT organizations to improve their

SYDNEY, Australia (GLOBE NEWSWIRE) -- Metakosmos, a leading Australian space technology company, today announced the launch of Kernel360 ™, an innovative spacesuit telemetry software designed to revolutionize astronaut training and mission management. The Kernel360 ™ software is integrated into Metakosmos's flagship Kosmosuit ® platform, which provides unparalleled real-time data analytics and performance diagnostics

New Delhi, [Date] - Communications Minister Jyotiraditya Scindia has announced that non-terrestrial networks (NTNs) or satellite communication networks will unlock new opportunities for connecting the unconnected regions and extending coverage to most remote corners of the country. At a meeting of the South Asian Telecommunication Regulators' Council, hosted by the

New York, US - Honeywell CEO Vimal Kapur urged employers to embrace artificial intelligence (AI) and not resist its adoption, warning that those who do will "live in the past" and risk being left behind. Speaking at the Fortune Global Forum conference in New York on Monday, Kapur expressed his

Nagpur, August 2024 - A renowned expert in technology and AI-based systems has emphasized the importance of innovation in creating wealth and making India a developed country by its centenary independence. Padma Shri Sanghamitra Bandyopadhyay, director of the Indian Statistical Institute, shared her thoughts at the third international conference on

In a major development that could change the way people identify anonymous callers, telecom operators have informed the Department of Telecommunications (DoT) that they can display a caller's identity only within their own network on users' phone screens. This means subscribers will still rely on Truecaller to find out the