KOCHI SOFTWARE LAB
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
There are times when a watchlist is more important than a buy list. But if you still insist on putting money in the market, look at fundamentally strong stocks. While doing so, however, be clear that the invested money might still shed some value in the near term, or at least underperform. Coming specifically to mid-cap stocks, even in the initial phase of a recovery, they may well have limited ability to see a sharp upmove. Why?
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitions
BRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more representative global order. The document outlines India's 2026 chairship priorities, recognises partner countries' contributions and calls for greater participation of Emerging Markets, Developing Countries and Least Developed Countries in global governance.
India not behind in AI race, must focus on deployment: IBM CEO Arvind Krishna
In an interview with ET, IBM CEO Arvind Krishna shrugged off IBM’s 13% stock drop after an Anthropic blog post suggested its AI tool could compress legacy system maintenance timelines, calling the reaction excessive. He also spoke about India’s AI ambitions, the impact on traditional IT services and concerns around workforce disruption.
Emergent bags major funding; Sebi greenlights PhonePe IPO
Happy Wednesday! AI startup Emergent has raised fresh funding, tripling its valuation to around $300 million. This and more in today’s ETtech Morning Dispatch.
DPDP Act reinforces trust, transparency in today’s digital economy: IBM's Sandip Patel
IBM is expanding its innovation hubs beyond Indian metros to tap into local talent, fostering inclusive technology development. The company highlights India's strong AI adoption and progress, emphasizing data sovereignty and responsible AI as crucial for global competitiveness in the AI-driven economy.
Now locating: Human talent for AI agents
As agentic AI sweeps the automation wave across sectors, India is witnessing a surge in new job roles to train, design and deploy these intelligent systems responsibly. Himanshi Lohchab analyses.
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TCS setting up 37-acre campus in Kochi
Alongside the campus development, TCS is also scouting for office space at InfoPark in Kochi to meet its immediate need for 5000 seats. The government is in talks with a few large developers in the tech hub to help the company find space early.
IBM looks to groom Indian talent for global roles and key missions
IBM plans to increase its technical leaders in India by up to 30% over the next three years. The company will also increase its workforce in India by similar numbers. The focus is on talent development and expansion in tier-2 cities. IBM aims for 25% hiring growth this year in cities like Bengaluru, Kochi, and Ahmedabad.
Raksha Rajya Mantri visits DRDO, learns about collaborations with private sector and MSMEs
Raksha Rajya Mantri Sanjay Seth visited DRDO Bhawan in New Delhi, where he was briefed on DRDO's collaborations with private sectors in AI, robotics, and cyber security. Seth also learned about DRDO's Technology Development Fund encouraging private industry participation.
Underwater-launched UAV & more: DRDO sanctions seven new projects to private sector companies
DRDO's Technology Development Fund projects include simulator training tools by Oxygen 2 Innovation, ISR and MDA underwater vehicles by Sagar Defence, icing sensors by Craftlogic Labs, radar processors by Data Patterns, advanced timing systems by Accord Software, and graphene-based e-textiles using advanced nanocomposite materials by Alohatech. Aims to bolster India's military industrial ecosystem.
IBM launches GenAI innovation centre in Kochi
IBM's GenAI Innovation Center in Kochi, part of the IBM India Software Lab, supports AI development in India. Using LLMs, InstructLab, and watsonx, it aids enterprise-grade AI integration, focusing on healthcare and sustainability. Managed by IBM experts, the center enhances productivity and innovation for enterprises and startups.
Water Crisis: Kerala writes to top IT firms in Bengaluru, offers office space
Kerala seeks tech investments amid water shortage in the country’s tech hub. The state aims for one million tech workers, Kerala Industries & Law Minister P Rajeeve said.
IBM bullish on new Ahmedabad, Kochi labs, looks to double hiring this year
IBM's India network spans five labs, including its Bengaluru HQ and facilities in Pune and Hyderabad. Notably, the recent additions in Kochi and Ahmedabad are fueling advancements in WatsonX, IBM's AI platform.
IBM India to upgrade Kochi software lab
IBM India aims to make its Kochi software lab an important centre in the country to augment development and delivery of next generation software portfolio and cloud offerings, according to a top company official.
IBM executives foresee robust growth in Indian tech market
Speaking at the flagship IBM Think conference in Mumbai, on Tuesday, Paul Burton, general manager, IBM Asia Pacific, and Sandip Patel, managing director, IBM India and South Asia, said that skill gaps and talent scarcity are also driving larger investments in artificial intelligence (AI) and automation.
Geojit to build 1.25 lakh sq ft IT infrastructure in Infopark
Investment services firm Geojit Financial Services Ltd has entered into an agreement with Infopark here to set up a new office space with 1.25 lakh square feet built-up area.
Indian tech landscape no longer defined by metros: IBM ISA managing director Sandip Patel
"We’ve embarked on a very robust expansion strategy; we are continuing to grow our global delivery and also our R&D, which includes our software labs, systems labs, and research labs," Patel said
India's talent, partners central to IBM's growth strategy, says top executive
“India is at the core of IBM’s growth strategy both for clients and for talent. We are clearly making things in India not just for India but for the world, and build a lot of software in India,” Tom Rosamilia, Senior Vice President - Software & Chairman, North America at IBM said.
TCS, Wipro to work at IBM's Kochi centre to co-create AI-based automation tech
"India is an innovation and talent hub for IBM, and our collaborations with IIIT Kottayam, TCS, and Wipro will help us accelerate the adoption of automation for businesses across industries," IBM Automation General Manager Dinesh Nirmal said.
IPO bandwagon getting bigger and bigger; Aug sees 23 filings so far
Several of these companies are from the startup space such as fintech, e-commerce, online travel and SaaS (software-as-a- service) segments.
Never settle for mediocrity; it is worse than failure: Sam Santhosh, Founder, Medgenome
In software, I was hands on. I knew I could do it if something comes up suddenly; I could fix it with a few programmers over the weekend, Sam Santhosh said.
B2B startups make their presence felt in Nasscom's Top 50 this year
The 2016 'Nasscom Emerge 50' validates the emergence of B2B startups in India with half of the companies shortlisted in the annual list engaged in serving enterprise clients.
Sensex gains over 150 points, Nifty50 above 7,100; Just Dial gains 6%
The S&P BSE Sensex gained over 150 points after slipping 100 points on Wednesday tracking mixed cues from global cues.
KSIDC to start more business incubation centres
Encouraged by the success of its business incubation centre in Kochi, the KSIDC is planning to start such centres in three places in the state.
Ahmedabad to Kochi: Indian startups bloom in smaller cities
Under Nasscom's 10,000 Startups programme, 20% of the selected startups have come from tier-2 cities, like Ahmedabad, Kochi and Chandigarh.
BlackBerry to extend its innovation zone to Vizag, Hyderabad incubation centres
BlackBerry India is banking on app developers to come up with solutions as a part of its enterprise partner program.
Ten stocks in focus in Friday morning trade
Indian markets are expected to trade in a range. Here is a list of ten stocks which are likely to be in focus today.
How accelerators go beyond funding, take companies to global entrepreneurship hotspots
More and more Indian accelerators have come up with programmes that take startups under their wings to entrepreneurship hotspots abroad.
Move over Bangalore and Delhi: Entrepreneurs now building startups in places like Goa and Dharamsala
Heading to where the living is easy while work is plentiful is paying off handsomely for several entrepreneurs who are staying away from India’s chaotic metros.
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