Infosys has accused Cognizant of attempted monopolisation and unreasonable restraint of trade, and requested the court that "Cognizant's motion should be denied in its entirety." This comes around a month after Cognizant in a filing alleged that Infosys was "caught red-handed" stealing trade secrets of TriZetto.
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Wednesday, April 2, 2025
Hillary Clinton joins Bluesky amid growing exodus from X
This follows former president Barack Obama debuting on the platform last week. Though Bluesky’s user base remains smaller than that of X, the open-source social network has amassed over 33 million users. Bluesky has positioned itself as an alternative social media platform for users dissatisfied with X’s shift to the right.
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Tuesday, April 1, 2025
EV finance company charged up over electric commercial vehicles
Industry estimates suggest India will need $30 billion in EV financing over the next five years. While banks and non-banking financial companies (NBFCs) focus on passenger EVs, fintechs are targeting commercial vehicles.
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Trump tantrums and client rethinks likely to slow IT recovery
India’s $280 billion IT services sector faces delays in recovery due to economic uncertainties, client budget cuts, and deal pauses. Analysts predict minimal growth, with mid-tier firms outpacing larger rivals. FY26 demand growth remains uncertain.
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AI Mission GPU L1 bidders set to get workloads assigned by April second week
Reliance Jio, E2E, NxtGen, Locuz, and CtrlS, as L1 bidders in IndiaAI Mission's GPU tender, will receive AI workloads. They’ll integrate with the AI Compute portal by April 14, with further evaluations and fresh applications in April.
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Monday, March 31, 2025
Influencer commerce startup Lehlah raises Rs 12.5 crore in funding led by Nikhil Kamath’s Gruhas
Currently focused on fashion and beauty, Lehlah is now expanding into home accessories and gadgets. It recently partnered with Flipkart to market a wider range of products, including homeware, kitchen appliances, and other household essentials.
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Sunday, March 30, 2025
Local, smaller ISPs struggle as Jio, Airtel intensify broadband push
Out of 2,000 internet service provider (ISP) licensees, 1,300 are active, and the past six months have seen multiple new licences being issued and cancelled amidst a slow consolidation, as shrinking margins make it difficult for smaller players to sustain. Even larger ISPs are burning cash, as they require costly over-the-top (OTT) tie-ups to compete with Jio and Airtel.
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