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Techs sell-off on Dalal Street as Anthropic’s AI-app takes on Indian IT majors’ business

MUMBAI: A tech sell-off on Dalal Street on Wednesday—that came on the back of Anthropic’s launch of a new AI-led app that could potentially challenge existing business models of Indian software exporters—wiped off about Rs 1.75 lakh crore worth of market value. The sharp slide in sector leaders like TCS, Infosys and Wipro, also left…

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Tech spectrum tussle: US majors push Wi-Fi use for entire 6GHz band as Jio, Vi seek mobile allocation; Airtel, Qualcomm call for deferment

US technology giants Apple, Amazon, Cisco, Meta, HP and Intel have jointly opposed demands from Reliance Jio and Vodafone Idea to allocate spectrum in the 6GHz band for mobile services, instead urging that the entire band be reserved for Wi-Fi use, reported PTI.In a joint response to Trai’s consultation paper for the next round of…

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FMCG sales dip: GST changes, heavy rains hit Q3 demand; global majors stay bullish on India growth

File photo (Picture credit: ANI) Fast-moving consumer goods (FMCG) makers in India — from soap to soft drinks — saw a slight hit to sales in the September quarter due to disruptions arising from Goods and Services Tax (GST) reforms and heavy rains across parts of the country. However, global majors such as Unilever, Reckitt,…

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