BENGALURU: German software major SAP is tightening hiring, travel and third-party spending as it steps up investments in artificial intelligence, according to an internal email sent to employees.In the email, SAP said the rapid pace of AI adoption is driving significant investments in AI products, strategic acquisitions and the infrastructure needed to support AI workloads….
NEW DELHI: Commerce and industry minister Piyush Goyal on Friday urged states to identify products that are currently imported but can be manufactured competitively in India.He said such efforts would not only reduce import dependence and save foreign exchange but also strengthen domestic supply chains and reduce vulnerabilities arising from excessive dependence on foreign suppliers.This…
Representative image (AP) BENGALURU: HCLTech shares rose nearly 6% on the BSE on Friday after the IT firm announced a $1.1 billion mega deal with a Europe-based Fortune Global 50 enterprise, which people in the know told TOI is Mercedes-Benz. The agreement is among the largest AI-led deals announced by an Indian IT firm this…
BENGALURU: India’s AI data-centre boom is creating an unexpected winner: engineers from mechanical, electrical and industrial backgrounds. As companies race to build energy-intensive AI infrastructure, mechanical, electrical and cooling engineers-roles long overshadowed by software jobs-are back in demand, commanding hefty salaries and opening a new career path for industrial talent.Companies actively hiring span the full…
When will state-run oil marketing companies like Indian Oil Corporation, Hindustan Petroleum, and Bharat Petroleum cut rates? (AI image) Global crude oil prices have crashed to a four month low and are now hovering around the pre-war levels. From around $120 per barrel to near $70 per barrel – the crash has been driven by…
NEW DELHI: Over nine years after it was launched, PM Modi will on Saturday launch a revamped Ude Desh ka Aam Nagrik (UDAN) that could provide a much-needed boost to this regional connectivity scheme (RCS) with an allocation of Rs 28,840 crore over a decade. The modified scheme aims to develop 100 existing airstrips across…
Piyush Goyal said India exported goods and services worth $863 billion in 2025-26 India has set an ambitious target of achieving $1 trillion in exports during the current financial year, with exporters and policymakers committing to the goal at a Board of Trade meeting in New Delhi, Union commerce and industry minister Piyush Goyal said…
Terminal is inspired by Rajasthan’s royal heritage, featuring arches, domes and design motifs reflecting local culture Prime Minister Narendra Modi on Friday shared images of the new Jodhpur airport terminal, describing it as a major boost for tourism and connectivity ahead of its inauguration on July 4.In a post on X along with the pictures,…
Representative image (Picture credit: AP) India is set to challenge the proposed US tariffs on exports before the US Trade Representative (USTR) next week, arguing that findings related to alleged forced labour are legally flawed and could negatively impact American businesses and consumers.Representatives from the commerce ministry along with industry bodies including APEDA, FICCI, CII…
The green shoots of nari shakti are now visible in India’s labour and enterprise data. But ASUSE 2025 also tells a more uneven story that women-owned enterprises are not rising uniformly across urban India. Gujarat and Maharashtra cities dominate the top ranks in female-owned proprietary establishments, while several northern cities sit near the bottom.The Indian…