Only 4% of Indian companies ready for modern cybersecurity risks

[ad_1] Only 4 per cent of organizations in India have the ‘mature’ level of readiness needed to be resilient against modern cybersecurity risks, according to Cisco’s 2024 Cybersecurity Readiness Index. Companies today continue to be targeted with various techniques, ranging...

Accel announces its Atoms 3.0, unveils 8 start-ups

[ad_1] Venture capital firm Accel has unveiled eight start-ups from the third cohort of its accelerator programme Atoms. The programme’s first sector-focused cohort, Atoms 3.0, backs pre-seed startups building in the AI and Industry 5.0 domains.The four AI start-ups that...

Panasonic to fund start-ups Enlite and Clairco under Ignition program

[ad_1] Panasonic Life Solutions India (PLSIND), a diversified technology company, announced Enlite and Clairco as the winners of its first cohort of Panasonic Ignition program.Enlite focusing on AI-enabled wireless building management system and Clairco that develops IoT-based smart air purification...

Amazon invests $2.75 billion in AI startup Anthropic

[ad_1] Amazon.com Inc has announced that it is investing an additional $2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence startup and expand a partnership between the companies. The infusion brings Amazon’s total investment...

LatentView analytics to acquire 70% of Decision Point for $39.1 million

[ad_1] LatentView Analytics Ltd, a Chennai-based digital analytics consulting and solutions firm, will acquire 70 per cent of Decision Point’s outstanding equity capital for $39.1 million. The remaining 30 per cent equity is to be acquired over the next two...

Gupshup bets on AI amid increased client spending

[ad_1] SaaS-based conversational messaging platform Gupshup is seeing a higher allocation by client spending for experimental digital initiatives and increased spending on conversational channels, according to Beerud Sheth, co-founder and CEO, Gupshup.He said that the average client spend has grown...

Sify data centre in Mumbai goes live; Chennai, Noida units slated for June

[ad_1] With data consumption exploding in India, Chennai-based Sify Technologies is setting up more data storage centres. Its data centre at Rabale in Mumbai went live recently, and it will launch two more — in Chennai and Mumbai — by...

Google Ireland not to pay tax on ₹8,600 crore received from Google India, rules ITAT

[ad_1] Google Ireland (GIL) will not have to pay tax on over ₹8,600 crore received from Google India (GIPL), the Income Tax Appellate Tribunal (ITAT) has ruled.The payment was made during fiscal year 2012-13 to 2015-16 (assessment Year 2013-14 to...

Google Ireland exempted from tax on ₹8,600 crore received from India unit

[ad_1] Google Ireland (GIL) will not have to pay tax on over ₹8,600 crore received from Google India (GIPL), the Income Tax Appellate Tribunal (ITAT) has ruled. The payment was made during fiscal year 2012-13 to 2015-16 (assessment Year 2013-14...

Google Ireland exempted from tax on ₹8,600 crore received from India unit

[ad_1] Google Ireland (GIL) will not have to pay tax on over ₹8,600 crore received from Google India (GIPL), the Income Tax Appellate Tribunal (ITAT) has ruled.The payment was made during fiscal year 2012-13 to 2015-16 (assessment Year 2013-14 to...
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