Global brokerage firm BofA Securities has initiated coverage on India’s mid-cap IT sector, saying the next phase of returns will depend on companies’ ability to capitalise on artificial intelligence-led opportunities. In its report titled “Initiating coverage on mid-cap IT: In search of an AI breakthrough”, the brokerage said that mid-cap IT companies have outperformed over…
“It feels awful…”: Taylor Swift’s reported text to Blake Lively raises eyebrows ahead of wedding to Travis Kelce.(Image via Getty Images) Taylor Swift and actress Blake Lively seem to have experienced a lot of setbacks in their bond as rumors swirl about how the pop star has cut her off ahead of her wedding to…
NEW DELHI: The US has assured India that access to critical artificial intelligence technologies will not become a challenge for trusted partners, IT secretary S Krishnan said on Thursday after discussions with US officials on the future of AI collaboration.The discussions come weeks after the US commerce department directed AI firm Anthropic to restrict foreign…
As questions continue to grow around Shedeur Sanders’ future with the Cleveland Browns, his father, Deion Sanders, shared a message that quickly caught attention. Without mentioning Shedeur or the trade rumors directly, Coach Prime posted a tweet that many fans linked to the ongoing speculation. The post came as reports suggested teams had reached out…
Anthropic accused Alibaba of carrying out an extensive campaign to access Claude, its flagship artificial intelligence model, by deploying thousands of proxy accounts, calling it the biggest attempt by a Chinese company to stride on US AI technology. The AI startup in a letter addressed to several US senators and White House officials, claimed that…
New Delhi: Adani Airports will invest Rs 20,000 crore in developing aerocities in the six places where it operates hubs – Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati. The phase I of this monetisation of land bank at this capex will see 2.2 crore square feet being developed across these places. The development will…
Chris Evert has shared another difficult update in her long fight against cancer. The three-time Wimbledon champion said her ovarian cancer has returned and confirmed she will not attend this year’s Wimbledon while she focuses on treatment. The 71-year-old revealed that she has already had surgery and will begin chemotherapy in the coming weeks. She…
Shares of State Bank of India (SBI), India’s largest lender are trading with gains on Thursday, June 25, after brokerage firm CLSA reiterated its optimistic stance on the stock, expecting it to cross its previous record high levels. CLSA has maintained its “outperform” rating on shares of SBI with a price target of ₹1,275, which…
NEW DELHI: US treasury secretary Scott Bessent said tariffs could return to their previous levels if the Section 301 investigations being conducted by the US trade representative result in fresh levies.“Right now, we have something called Section 122 tariffs, which is a 10% global tariff. Currently, USTR, ambassador Jamieson Greer, is doing studies for Section…
Reliance Industries has already announced plans to invest ₹10 lakh crore in building multi-gigawatt-scale AI-ready data centres, describing the initiative as a step towards creating a “sustainable, high-performance computer backbone” for India, and Jio would play a key role in this project. Jio Platform, a homegrown digital behemoth, has a rare achievement. It has two…
