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HCLTech signs European Commission’s AI Pact

HCLTech, a global technology company, announced today that it has signed the European Commission’s AI Pact, committing to responsible AI development and deployment ahead of the EU’s AI Act implementation. The shares of HCL Technologies Limited were trading at ₹1,668.90 up by ₹99.50 or 6.34 per cent on the NSE today at 2.55 pm. The...
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Sensex, Nifty up 3%, Top gainers & losers today May 12, 2025 – Adani Group stocks, Shriram Finance, Birla Corporation, Reliance Power, Jio Financial shares shine, pharma, defence stocks in action

Shares of Adani Enterprises, Shriram Finance, Trent, Jio Financial and HCL Tech lead the gainers of Nifty 50 components, while IndusInd Bank and Sun Pharma depreciated. Equity benchmark indices rebounded sharply following ceasefire between India and Pakistan. Sensex zoomed 2356.87 pts or 2.97 per cent to 81,811.34 as at 12.31 pm, and Nifty 50 jumped...
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TCS to modernise Dhofar Insurance’s core platform in Oman; Stocks up by 3.06% 

Tata Consultancy Services (TCS) announced today a strategic partnership with Dhofar Insurance Company (DIC), Oman’s largest insurance enterprise, to transform its core insurance platform. The agreement, announced on May 12, will see TCS deploy its flagship product TCS BaNCS for Insurance across DIC’s operations. The shares of Tata Consultancy Services (TCS) Limited were trading...
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Every fusion startup that has raised over $100M

Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and tantalizing technology that has drawn investors off the sidelines. The technology may be challenging to master and expensive to build today, but fusion promises to harness the nuclear reaction that...

Startups Weekly: Fast and furious

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Some startups accrued value at lightning speed this week, and we got confirmation that defense tech is red hot. Most interesting startup stories from the week Image...

Could OpenAI fill Microsoft’s shoes?

OpenAI recently announced a $200 million deal with the U.S. Department of Defense, which has us wondering: Could this further strain the company’s relationship with its biggest backer, Microsoft? After all, there have been numerous reports about growing tensions between the two companies, particularly as they become more competitive over enterprise deals. Today, on TechCrunch’s...

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