IPS TECHNOLOGY
Aditya Infotech block deal: Dixon Tech offloads shares worth Rs 582 crore; Motilal Oswal MF, Kotak MF buyers
Dixon Technologies (India) sold over 14 lakh shares of Aditya Infotech through block deals worth approximately Rs 581.65 crore. Motilal Oswal Mutual Fund and Kotak Mahindra Mutual Fund purchased the shares at Rs 4,140 each. This transaction occurred after Aditya Infotech reported impressive Q2 results, with a significant increase in profit and revenue. Additionally, the company plans to invest in KGraph AI Solutions to enhance technology capabilities.
BPO jobs on a seesaw as bots call the shots
Voice AI is driving call centres even as hiring grows, but the shift towards complex tasks leaves freshers scrambling for a new career ladder.
TRAI sets port charge ceilings for IP-based interconnection, effective Jan 2027
TRAI has capped annual charges for telecom IP interconnection ports at ₹5.6 lakh for 1 Gbps and ₹42.3 lakh for 10 Gbps, effective January 1, 2027. The ceilings apply across fixed-line, mobile and long-distance services, with operators free to negotiate lower rates.
Saregama plans Rs 1,200 crore content spend for FY28-FY30
Saregama India plans to invest around Rs 1,200 crore in new content over FY28-FY30, assuming annual budget increases of 10%. The company expects earlier music acquisitions to drive margin expansion, while maintaining 20-23% revenue CAGR guidance for its music business. It is also expanding subscriptions, artist management and live events.
Law firms draft special teams to help GCCs navigate India terrain
Multinational companies expanding their global capability centres in India may face multiple regulatory and operational challenges going forward. Law firms are forming specialist teams to help these companies navigate complex issues including employment laws and data localisation.
Coders out, VCs in: Investors bet billions on AI-first services
The AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl AI raised $175 million at a $1.8 billion valuation a year ago, Wonderful raised $550 million at a $5 billion valuation in September.
Brahamastra, part of Lord’s Mark Industries Limited, takes indigenous defence innovation to the global stage
Lord's Mark Industries Limited is committed to enhancing local defence technology via its Brahamastra initiative. By focusing on innovative products like advanced laser rangefinders and smart surveillance cameras tailored for harsh conditions, the company seeks to play a pivotal role in the global defence landscape. This vision is perfectly aligned with India's Make in India initiative and ongoing defence modernisation efforts, capitalizing on the rising need for sophisticated electro-optical systems.
This startup is selling a Rs 94,835 mosquito trap that uses a powerful blue laser and sensors similar to those in self-driving cars to track and kill mosquitoes while detecting people, pets and nearby surfaces to prevent accidental firing
Photon Matrix has introduced a laser device that identifies and eliminates mosquitoes effectively. The products are priced at around $1,000 each, with a delivery estimate of 120 days. Both the indoor and outdoor models utilize advanced A.I. for mosquito detection and targeting. The system is designed to be safe for humans and pets, although independent safety testing is pending. This technology aims to revolutionize traditional mosquito control methods.
Time to be be cautious in the market, convinced about the business: 5 large-cap stocks with upside potential of up to 22%
This is the time to focus on businesses that have lived through storms like this before and come out the other side. The large, proven names are where quality is to be found, and they have lagged badly enough that the odds are now tilting in their favour. Just wait for the mood to finally turn.
Washington set to cut wire connecting Chinese companies to US phone numbers
The US Federal Communications Commission intends to vote on banning Chinese telecom firms from accessing US phone numbers. Concerns around national security have led to this potential decision against companies like China Mobile and China Telecom. The measure aims to prevent illegal robocalls and protect US telecommunications. China has opposed this likely ban, asserting it undermines legitimate business practices.
US plans to ban Chinese telecom firms from direct access to US phone numbers
The United States will soon prohibit Chinese telecom companies from having direct access to American phone numbers. This action aims to enhance national security and curb illegal robocalls. The Federal Communications Commission is set to vote on this proposal. The FCC may also revoke number authorizations for firms posing security risks. Concerns about espionage linked to Chinese firms have significantly increased in recent years.
TRAI’s internet TV proposal raises concerns over wider OTT regulation, say legal experts
The Telecom Regulatory Authority of India has proposed a new framework for internet-based linear television distribution. This recommendation could broaden the interpretation of the Telecommunications Act and affect other digital content. Legal experts express concerns over TRAI's jurisdiction regarding OTT services and the implications for freedom of speech. The Ministry of Information and Broadcasting must decide whether to adopt these recommendations.
China's new export curbs draw a line around its AI crown jewels
The draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining the models, data or expertise needed to operate or reproduce them independently.
ET Prime Special Series: Multibagger or IBC - Part 82: This auto ancillary’s name tells only 20% of the story. What’s the other 80%?
The shift towards electric vehicles, or EVs, is forcing traditional auto-component suppliers to reconsider their future. For some, it threatens core products. For others, it creates opportunities in components that can survive the death of the combustion engine. This supplier finds itself on both sides of that transition. Its original business is exposed to ICE vehicles, while its manufacturing division has developed products relevant to EVs. Alongside, the company is pursuing other initiatives. Will these translate into stronger profits, or will rising financial obligations limit the benefits?
China's new export curbs draw a line around its AI crown jewels
The draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining the models, data or expertise needed to operate or reproduce them independently.
Calcutta HC bars publication, sharing of video on PM Modi, Gautam Adani till Jan 31
The Calcutta High Court has issued an injunction against a documentary involving Prime Minister Narendra Modi and Gautam Adani. This order prohibits publication, sharing, and re-uploading of the video until January 31 next year. Justice Aryak Dutt mandated social media platforms to remove access to the video and related content. The Adani Group argued that the video contains false and defamatory statements against them.
Chip startup Nova Spectral AI raises Rs 21 crore to build low-cost image sensors
Founded by IIT Kanpur alumni Anish Priyadarshi and Sanjeev Kumar, the startup is developing a short-wave infrared (SWIR) sensor that can help cameras capture images in low light and through smoke, haze, and fog. It aims to make these sensors up to 100 times cheaper than existing technology, opening up potential applications in defence, robotics, cars, and smartphones, the founder said.
Ather rides to profit; Pronto's US AI play
Ather Energy swung to profit in the July-September quarter. This and more in today’s ETtech Top 5.
AI efficiencies shield Q2 IT margins from transatlantic macro headwinds
HCLTech’s margin rose 131 basis points quarter-on-quarter to 18.2%, Tech Mahindra’s increased 40 basis points to 14.8%, Wipro’s climbed 50 basis points to 16.5%, LTM’s edged up 10 basis points to 15.6%, and LTTS’ expanded 60 basis points to 16.3%.
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