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Udemy and Mila Partner to Empower the Global Workforce with Responsible AI Skills
Businesswire· 2025-12-09 14:25
Core Insights - Udemy and Mila have announced a partnership aimed at accelerating responsible AI skill development for the global workforce [1][2] - The collaboration will focus on creating scalable AI learning programs that emphasize ethical and responsible AI application [1][3] Partnership Details - Starting in January, new responsible AI learning programs will be launched, combining Udemy's global reach with Mila's expertise in responsible AI research [2] - The programs will blend technical skills with strategic and ethical decision-making, catering to organizations at various stages of their AI journey [2][3] Organizational Impact - The partnership aims to equip organizations with practical skills and frameworks necessary for safe and strategic AI adoption [3] - Professionals will gain access to courses on responsible AI, ethics, governance, and practical decision-making [6] Educational Offerings - The learning solutions will include applied training on integrating responsible practices into workflows and insights from Mila researchers on emerging trends [6] - Flexible learning formats will be available, including on-demand content and expert-led sessions for enterprise teams [6] About Udemy - Udemy is an AI-powered skills acceleration platform serving 82 million learners and over 17,000 organizations globally [1][4] - The platform provides personalized experiences to help organizations develop the necessary capabilities for a rapidly evolving workplace [4] About Mila - Mila is the world's largest academic AI research center, specializing in deep learning and dedicated to advancing AI for the benefit of all [5] - Founded by Yoshua Bengio, Mila is supported by the Canadian government and recognized for its influential research and leadership in responsible AI [5]
Microsoft plans bigger data centre investment in India beyond 2026, to keep hiring AI talent
MINT· 2025-12-05 00:30
Core Insights - Microsoft plans to continue investing in AI-ready data center infrastructure in India beyond 2026, with a focus on hiring AI engineers to develop value-added solutions [1][2] Investment Plans - Microsoft has a $3 billion investment plan for this year and next, with a major data center in Hyderabad expected to go live by June 2026, complementing existing centers in Mumbai, Pune, and Chennai [2] - The company emphasizes that its investments are structural rather than episodic, indicating a long-term commitment to AI infrastructure [2] Hiring and Workforce - Microsoft India currently employs 22,000 AI engineers and has 420 job openings, with 92% of these roles requiring AI skills [4] - The company is focused on skilling its workforce, dedicating one day each month to training [4] AI Adoption and Services - Microsoft India reported operating revenue of ₹28,754.77 crore ($3.18 billion) in FY25, with a net profit of ₹1,245.18 crore ($138 million), reflecting a 27% year-on-year revenue growth and a 39% increase in net profit [6] - Over 1,000 customers in India are using Microsoft Azure OpenAI, indicating significant adoption of AI services across various sectors [7] Market Position - Despite growth, Microsoft Azure holds a 21% market share in the Indian cloud services market, trailing behind Amazon Web Services, which has 29% [8] - Analysts note that Microsoft's established presence in India positions it as a key player in the country's AI adoption [8][9] Partnerships - Microsoft maintains a strong partnership with Tata Consultancy Services (TCS) to offer enterprise AI services, viewing TCS as a valuable collaborator rather than a competitor [10][11] - The company is expected to continue leveraging its partnerships with tech outsourcing firms to enhance AI adoption in India [10]
Sensex dips 31 points amid relentless foreign fund outflows
Rediff· 2025-12-03 11:09
Stock market benchmark indices Sensex and Nifty ended lower in a largely range-bound trade on Wednesday amid persistent foreign fund outflows and profit-taking by investors.Photograph: Francis Mascarenhas/ReutersFalling for the fourth day in a row, the 30-share BSE Sensex dipped 31.46 points or 0.04 per cent to settle at 85,106.81.During the day, it dropped 374.63 points or 0.44 per cent to 84,763.64. The 50-share NSE Nifty skidded 46.20 points or 0.18 per cent to 25,986.From the Sensex firms, Bharat Electr ...
Stock markets trade lower in early deals amid relentless foreign fund outflows
The Hindu· 2025-12-03 05:29
Market Performance - Equity benchmark indices Sensex and Nifty declined in early trade on December 3, 2025, with the Sensex dropping 165.35 points to 84,972.92 and the Nifty declining 77.85 points to 25,954.35, marking the fourth consecutive day of decline [1] - The Sensex fell 503.63 points, or 0.59%, to settle at 85,138.27, while the Nifty declined 143.55 points, or 0.55%, to 26,032.20 on December 2, 2025 [4] Investor Activity - Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,642.30 crore on December 2, 2025, while Domestic Institutional Investors (DIIs) bought stocks worth ₹4,645.94 crore [2] Currency and Economic Sentiment - The Indian rupee fell 6 paise to a record low of 90.05 against the U.S. dollar, contributing to fragile market sentiment [3] - Market sentiment remains pressured due to FII outflows, a weak rupee, and pressure on banking stocks, as noted by Prashanth Tapse from Mehta Equities Ltd [3] Sector Performance - Major laggards from the Sensex firms included Hindustan Unilever, Bharat Electronics, Titan, Tata Motors Passenger Vehicles, NTPC, and State Bank of India [2] - Gainers included Tata Consultancy Services, Infosys, Tech Mahindra, and ICICI Bank [2] Global Market Context - In Asian markets, South Korea's Kospi and Japan's Nikkei 225 were in positive territory, while Hong Kong's Hang Seng index traded lower [3] - U.S. markets ended higher on December 2, 2025, providing a contrasting backdrop to the Indian market's performance [3] Commodity Prices - Brent crude, the global oil benchmark, was quoted at $62.43 per barrel, reflecting a slight change of 0.03% [4]
Finance ministry rejects Washington Post's claims of influence on LIC investments in Adani firms
MINT· 2025-12-01 12:16
The finance ministry does not issue any advisory or direction to Life Insurance Corporation of India (LIC) on matters related to investments, finance minister Nirmala Sitharaman told Parliament on Monday, reiterating that the state-run insurer operates independently.“The investment decisions of LIC are taken by LIC alone following strict due diligence, risk assessment, and fiduciary compliance and are governed by the provisions of Insurance Act, 1938, as well as regulations issued by the Insurance Regulator ...
Mcap boost: 7 of top-10 firms gain ₹96,201 cr; Reliance, Bajaj Finance lead chart
BusinessLine· 2025-11-30 05:04
Market Valuation Overview - The combined market valuation of seven of the top-10 most valued firms increased by ₹96,200.95 crore last week, driven by Reliance Industries and Bajaj Finance amid a positive equity market trend [1] - The BSE benchmark rose by 474.75 points or 0.55%, with the Sensex reaching a record high of 86,055.86 [1] Gainers and Losers - Among the top-10 firms, Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, and Hindustan Unilever saw increases in their valuations, while Bharti Airtel, Tata Consultancy Services (TCS), and Life Insurance Corporation of India (LIC) experienced declines [2] - Reliance Industries' market valuation increased by ₹28,282.86 crore, reaching ₹21,20,335.47 crore [2] Individual Firm Valuations - Bajaj Finance's valuation rose by ₹20,347.52 crore to ₹6,45,676.11 crore [4] - HDFC Bank's valuation increased by ₹13,611.11 crore to ₹15,48,743.67 crore [4] - ICICI Bank's valuation surged by ₹13,599.62 crore to ₹9,92,725.97 crore [4] - Hindustan Unilever's market capitalization edged up by ₹7,671.41 crore to ₹5,79,644.16 crore [4] - State Bank of India's valuation increased by ₹6,415.28 crore to ₹9,04,185.15 crore [4] - Infosys' valuation climbed by ₹6,273.15 crore to ₹6,47,961.98 crore [5] Declines in Valuation - Bharti Airtel's market capitalization fell by ₹35,239.01 crore to ₹11,98,040.84 crore [6] - LIC's market capitalization decreased by ₹4,996.75 crore to ₹5,65,581.29 crore [6] - TCS's valuation dipped by ₹3,762.81 crore to ₹11,35,952.85 crore [6] Ranking of Top-10 Firms - The ranking of the top-10 firms is led by Reliance Industries, followed by HDFC Bank, Bharti Airtel, TCS, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and LIC [6]
Reliance plans $11bn AI data centre in Visakhapatnam, India
Yahoo Finance· 2025-11-28 10:40
Core Insights - Reliance Industries, in collaboration with Brookfield Asset Management and Digital Realty Trust, plans to invest $11 billion by 2030 to develop an AI-focused data center campus in Visakhapatnam, India [1][2] - The campus will span 400 acres and is expected to have a capacity of one gigawatt (1GW) [2] - Other tech companies, including Google and Amazon, are also making significant investments in AI and cloud infrastructure in India [3][4] Investment Details - The joint venture, named Digital Connexion, has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board for the project [1] - Google plans to invest approximately $15 billion over five years for an AI infrastructure hub in Visakhapatnam, while Amazon aims to invest $12.7 billion in cloud infrastructure by the end of the decade [2][3] - OpenAI is also exploring the development of a 1GW data center in India [3] Strategic Partnerships - Reliance Industries and Google have formed a strategic partnership to enhance AI adoption across India, leveraging Reliance's ecosystem and Google's AI technology [4] - The collaboration will provide broader access to Google's AI hardware accelerators, including Tensor Processing Units (TPUs) [4] - Tata Consultancy Services (TCS) is partnering with TPG to establish a joint venture named HyperVault AI Data Centre, with a combined equity investment of Rs180 billion ($2.03 billion) [5]
Lumina Datamatics Honored with Dual Recognition at The Asian Brand & Leadership Awards 2025
BusinessLine· 2025-11-26 12:45
Core Insights - Lumina Datamatics achieved recognition at The Asian Brand & Leadership Awards 2025, winning in two categories, highlighting its commitment to innovation and excellence in the IT/ITeS industry [1][3][4] Awards and Recognition - Lumina Datamatics was named Asia's Most Admirable Brand in the IT/ITeS industry, reflecting its exceptional performance and innovative solutions [3] - Sameer Kanodia, Managing Director & CEO of Lumina Datamatics, received the Asia's Leader of the Year award for his exemplary leadership and strategic vision [4] Leadership Statements - Sameer Kanodia expressed gratitude for the recognition, attributing the success to the dedication and innovative spirit of the teams at Lumina Datamatics and TNQTech [5] Event Highlights - The awards event focused on the theme 'Innovating Tomorrow: Leading with Vision and Impact', featuring discussions and dialogues among industry leaders [6] Company Overview - Lumina Datamatics is a major provider of digital content services, retail support services, and technology solutions, serving top academic publishers and large retailers globally [7]
Day Trading Guide for November 25, 2025: Intraday supports, resistances for Nifty50 stocks
BusinessLine· 2025-11-25 12:44
Core Insights - The article provides intraday trading recommendations for Nifty Futures and major stocks, including specific entry and stop-loss levels based on technical analysis [1] Company Summaries - **HDFC Bank**: Support levels at ₹990 and ₹985; resistance levels at ₹1010 and ₹1025. Recommendation to go short only below ₹990 with a stop-loss at ₹992 [3] - **Infosys**: Support levels at ₹1540 and ₹1520; resistance levels at ₹1560 and ₹1585. Recommendation to go short only below ₹1540 with a stop-loss at ₹1545 [3] - **ITC**: Support levels at ₹402 and ₹399; resistance levels at ₹407 and ₹410. Recommendation to take fresh shorts below ₹402 with a stop-loss at ₹403 [3] - **ONGC**: Support levels at ₹243 and ₹240; resistance levels at ₹248 and ₹250. Recommendation to go short on a rise at ₹247 with a stop-loss at ₹248 [3] - **Reliance Industries**: Support levels at ₹1530 and ₹1515; resistance levels at ₹1555 and ₹1590. Recommendation to go short only below ₹1530 with a stop-loss at ₹1535 [3] - **State Bank of India (SBI)**: Support levels at ₹964 and ₹960; resistance levels at ₹978 and ₹986. Recommendation to go long on dips at ₹965 with a stop-loss at ₹963 [3] - **Tata Consultancy Services (TCS)**: Support levels at ₹3125 and ₹3085; resistance levels at ₹3155 and ₹3185. Recommendation to go short on a break below ₹3125 with a stop-loss at ₹3135 [3] - **Nifty 50 Futures**: Support levels at ₹25900 and ₹25800; resistance levels at ₹26040 and ₹26180. Recommendation to go short on a rise at ₹25990 and ₹26020 with a stop-loss at ₹26090 [3]
Here's why Tata Consultancy Services share price is ripe for a comeback
Invezz· 2025-11-24 05:39
Core Insights - Tata Consultancy Services (TCS) share price has shown a recovery trend in recent weeks, rebounding over 10% from a low of 2,856 in October to the current price of 3,155 [1] Company Summary - The share price of TCS reached a low of 2,856 in October, indicating a significant downturn prior to the recent recovery [1] - The current share price of TCS stands at 3,155, reflecting a rebound of more than 10% from its previous low [1]