News zum Sektor Dienstleistungen aus Indien

 

Prime Minister Modi inaugurated Maruti Suzuki's first made-in-India Battery Electric Vehicle, the e-Vitara, in Gujarat, destined for export to over 100 countries. This launch, coinciding with the start of hybrid battery electrode production, signifies India's growing strength in green mobility....

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Global AI giants are intensifying their competition in India, a rapidly expanding market. OpenAI has launched ChatGPT Go, a budget-friendly subscription at Rs 399 monthly, directly challenging Perplexity, Google, and Anthropic. This plan offers enhanced features and UPI payment options....

On today's episode of Bloomberg Businessweek Daily with Carol Massar and David Gura, Bloomberg's Mike McKee and Pooja Sriram, Vice President of US Economics Research at Barclays react to the latest core CPI data. Bloomberg News AI Editor Seth Fiegerman breaks down Perplexity's offer to acquire Google Chrome. Shehzad Qazi, Chief Operating Officer and Managing Director of China Beige Book, and Bloomberg Economics Geo-Economic Analyst for Latin America Jimena Zuniga discuss the global reaction to Trump's tariffs. Finally, Bloom Energy CEO KR Sridhar, talks about how AI demand is boosting the need for energy. (Source: Bloomberg)...

Indian tech entrepreneur Bhavin Turakhia is partnering GoDaddy Inc. to offer his artificial intelligence-led email service — Titan — to tens of millions of new users in an enterprise market dominated by Microsoft Corp. and Alphabet Inc.'s Google....

India's services sector surged in July, hitting an 11-month high with a PMI of 60.5, fueled by robust export orders and strong sales growth. New international business from Asia, Europe, and the US drove the expansion. While firms are optimistic about future output, input and output prices saw a slight increase. Job creation slowed, despite overall strong activity....

Edelweiss Group Chairman Rashesh Shah sees long-term investment opportunities in India's banking and I.T. services sectors. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)...

Global tech companies like Meta and Google are increasing hiring in India. This happens even as Indian IT firms slow down recruitment. FAAMNG companies added over 28,000 jobs in the last year. They seek talent in AI and cloud computing. Indian firms face skill mismatches. Companies focus on AI, cybersecurity, and cloud technologies....

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The Asian Infrastructure Investment Bank (AIIB) plans to increase its investment exposure in India from $12 billion to $16-17 billion over the next two to three years. This expansion is driven by a focus on private sector projects, particularly in renewable energy, green mobility, and affordable housing....

Alphabet's strong earnings have propelled its market value, rewarding investors. This surge has also elevated CEO Sundar Pichai to billionaire status. Pichai's wealth stems from his leadership and compensation, a rarity for non-founder tech CEOs. Alphabet's success is fueled by artificial intelligence and cloud service demand....

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:...

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A ride-hailing unicorn little known outside of India is gaining users faster than Uber Technologies Inc., disrupting the San Francisco titan's effort to conquer a key growth market....

Nvidia's market capitalization has surpassed $4 trillion, driven by the AI sector's growth, even nearing India's GDP. The surge followed the unveiling of Comet, an AI-enhanced web browser by Perplexity AI, backed by Nvidia. This new browser aims to challenge Google Chrome's dominance in the market, offering AI-driven navigation and task execution....

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India's IT sector anticipates a subdued first-quarter performance, with top firms like TCS and Wipro facing flat or declining revenue. Infosys and LTIMindtree expect modest growth, while mid-tier companies may outperform. BFSI shows recovery signs, but deal activity is slow. Companies are managing margins through cost controls, and GenAI offers a positive outlook despite varied margin performance across firms....

Indian IT giants like TCS, Infosys, Wipro, and Tech Mahindra are shifting towards AI-native strategies, focusing on integrating AI solutions rather than developing core AI models. This pivot is driven by rising global demand for enterprise AI, potentially creating a $1.3 trillion market. These firms are upskilling their workforce, with TCS reporting over 1 lakh employees trained in AI....