Persistent Systems’ Stock Drops 9% After Nagaro Acquisition; Analysts Caution About Potential Devaluation
Shares of Persistent Systems Ltd. opened as much as 9% lower on Monday, June 29, after brokerages presented differing opinions on the…
RailTel Corporation secures ₹53 crore deal for IT disaster recovery systems.
RailTel Corporation of India Ltd, a telecom infrastructure company, announced on Wednesday (June 17) that it has received a Letter of Intent…
Jain Irrigation Systems Opens 20,000-Tonne Biochar Plant in Jalgaon, Maharashtra
Jain Irrigation Systems Ltd announced on Wednesday (June 3) the launch of an industrial-scale, advanced biochar facility in Jalgaon,…
Microsoft unveils AI-created quantum chip, plans to launch systems by 2029
On Tuesday, Microsoft introduced a redesigned quantum computing chip, developed with AI assistance, and expressed confidence in achieving…
RBI Forms Specialist Group to Safeguard Indian Banks and Payment Systems Against Potential Quantum Hacking Risks
The Reserve Bank of India (RBI) has formed an expert committee to investigate the potential advantages, risks, and challenges of establishing…
CMS Info Systems authorizes ₹168 crore repurchase, announces dividend; net profit declines
CMS Info Systems Ltd, specializing in cash logistics, announced on Thursday (May 14) a consolidated net profit of ₹79.06 crore for Q4 FY26,…
CMS Info Systems secures a 5-year contract for ATM management services with HDFC Bank.
CMS Info Systems Limited has secured a five-year ATM managed services outsourcing agreement with HDFC Bank, the largest private sector bank in…
Experts Warn India Needs Urgent Action as New AI Can Breach Systems in Minutes
Organizations across industries, public entities, and government agencies must prioritize cybersecurity and invest significantly in both…
From Fixed Tools to Adaptive Systems: AI Security Platforms Evolve into Essential Infrastructure in BFSI
Cybersecurity driven by artificial intelligence is swiftly transitioning from supplementary tools to essential infrastructure within the…
Vercel Systems Compromised Through Third-Party AI Tool; Hackers Demand $2 Million for Data
A security incident at the cloud development platform Vercel has sparked concerns after the company revealed that parts of its systems were…