"Infosys inaugurates a new development centre in Nagpur. With over Rs 230 crore investment, the 2,65,000 sq ft unique state-of-the-art building is an integration of art and science," according to a release.
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Infosys kicks off holiday season with long-awaited pay hike
The hikes, which typically are effective from April 1, have now been announced from November 1, 2023, ET has learnt. It does not include reviews for entry level workers of the IT services major, according to people aware of the matter.
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from Tech-Economic Times https://ift.tt/zRuDTWp
Going vocal with local on LLMs; and other top tech, startup stories this week
While tech biggies including Microsoft, Google, and Meta are leading the charge on AI, more localised contingents are emerging across geographies, including in India and the European Union.
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Government may go high-tech to reduce wastage of fresh fruits, veggies
Plans to use a technology tool developed by ecommerce major Amazon called Johari to reduce wastage of fresh fruits and vegetables at its warehouses and retail outlets.
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from Tech-Economic Times https://ift.tt/ESofD7X
BharOS looks to provide its technology for routers
BharOS, an indigenously developed mobile operating system, is considering providing its technology for routers, said Karthik Ayyar, the founder of JandK Operations, an IIT Madras incubated non-profit organisation that has built BharOS.
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from Tech-Economic Times https://ift.tt/rhJ9Ljc
Hero MotoCorp increases stake in Ather, buys additional shares worth Rs 140 crore
In September, the electric scooter maker had raised Rs 900 crore in fresh funding from Hero MotoCorp and GIC. Prior to that, Hero had partially led a $128-million fundraise into Ather in January 2022.
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from Tech-Economic Times https://ift.tt/peSPxE2
Investments in private markets, firms fetch better returns than public markets: report
The report highlights that the aggregate benchmark of alternate investment funds (AIF) investing in private markets delivered an alpha of 13.5% over the public market equivalent, S&P BSE Sensex.
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