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The projected 3.8% growth is despite a 50% slide in tech spending and 6% decline in tech contracts in 2023 globally. This means the industry has added $9.3 billion incremental revenue in the fiscal, Nasscom said.

Privacy enforcers should oppose Meta Platforms no-ads subscription service in Europe, according to a joint letter by 28 organizations. The service requires users to pay a fee for privacy, but users who consent to be tracked get a free service funded by advertising revenues.

The regulator also extended the deadline for customers to make deposits and credit transactions in the bank till March 15. In a detailed document, the RBI elaborated on what this move means for customers using Paytm Payments Bank for receiving salaries, paying EMIs and more.

Debjani Ghosh, president of Nasscom, warns that excessive focus on regulations will hinder Indias AI potential. Less than 35% of companies worldwide effectively use AI, and thinking of AI with fear prevents its deployment at scale. Unlocking AI potential is crucial, and a change in the regulation mindset is needed.

However, it did not provide any further extensions to Paytms parent One 97 Communications and payment gateway subsidiary Paytm Payments Services on transfer of its nodal accounts.

PB Fintechs subsidiary, Policybazaar Insurance Brokers, has received approval to enter the reinsurance business. It reported a net profit of Rs 37.2 crore in Q3 with revenue from operations of Rs 871 crore. The company plans to apply for a payments aggregator license.

Altman, who is reportedly working on a new business that could boost global chip manufacturing, has told potential investors and partners that he cannot move forward without a green light from Washington, the report said, citing people familiar with the matter.

Accenture’s Ankita Shrivastva talks to us about what it’s like to work in data and AI, and gives advice for women who want to break into the space.

With ample opportunities surrounding you and the diverse courses to choose from, it becomes overwhelming to pick the right course that would help you embark on a successful career journey.

Bengaluru : IITK Foundation for Advanced Consulting, Education and Training (IFACET), established by IIT Kanpur, has joined forces with GUVI, an HCL Group EdTech company to launch technology and business courses in regional languages. The courses aim