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4 arrested for smuggling goods including mobile phones worth over Rs. 10 mln

Sri Lanka, Oct. 3 -- Maligawatta Police have arrested four individuals in connection with a consignment of mobile phones, perfumes, and accessories worth over Rs. 10 million, allegedly smuggled into t... Read More


TCS is first among peers to face investors amid H-1B visa shock, AI-led layoffs

India, Oct. 3 -- A week from now, Tata Consultancy Services Ltd. will become the first Indian IT firm to face investors after an H-1B sticker shock and AI layoffs. TCS will report its second-quarter ... Read More


QuickLogic announces $1M eFPGA hard IP contract for data center ASIC

India, Oct. 3 -- QuickLogic Corp., a developer of embedded FPGA (eFPGA) hard IP, strategic radiation hardened, antifuse and ruggedized FPGAs, announced that its eFPGA hard IP was selected for a new hi... Read More


Sony Semiconductor to release RGB-IR image sensor for in-cabin monitoring cameras

India, Oct. 3 -- Sony Semiconductor Solutions Corp. today announced the upcoming release of the IMX775 CMOS RGB-IR image sensor with the industry's smallest pixel size of 2.1 µm, delivering both ... Read More


Electronics Component Manufacturing Scheme receives applications worth Rs. 1,15, 351 crores

India, Oct. 3 -- The Electronics Components Manufacturing Scheme from the Government of India has received an overwhelming response from both domestic and international industry leaders. This reflects... Read More


NTT DATA buys Salesforce firm EXAH to boost AI services

India, Oct. 3 -- NTT DATA announced its acquisition of EXAH, a Salesforce Consulting Partner and AI specialist. The deal, announced on 3 October 2025, significantly strengthens NTT DATA's ability to p... Read More


Fujitsu and NVIDIA partner to build full stack AI infrastructure for industry

India, Oct. 3 -- Fujitsu and NVIDIA expanded their strategic collaboration to develop a "full-stack" artificial intelligence infrastructure, aiming to accelerate the adoption of AI agents across key i... Read More


OpenAI valuation hits USD 500 billion; becomes world's most valuable startup

India, Oct. 3 -- OpenAI's valuation reached USD 500 billion this week. The company secured its position as the world's most valuable private, venture-backed startup. The new figure surpasses the repor... Read More


Comet AI browser goes free, challenging Google Chrome's monopoly

India, Oct. 3 -- Perplexity AI makes its Comet browser available for free worldwide. The move positions Comet as a major competitor to Google Chrome. This strategy is described by the company as a 'bi... Read More


TCS denies 80,000 layoff rumours, confirms 2% workforce cut

India, Oct. 3 -- Tata Consultancy Services (TCS) has firmly dismissed recent social media speculations suggesting the company laid off 80,000 employees. According to various news reports, a TCS spokes... Read More