Page 29 - Persistent Systems News Today

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Generative AI has the power to spark creativity, through the creation of new content and ideas like conversations, stories, images, videos and music. It will drive productivity across all lines of business. It will also drive economic growth — Goldman Sachs forecasts that the technology will deliver a $7-trillion boost in global gross domestic product over the next 10 years.

This week the much-awaited initial public offering (IPO) of omnichannel retailer Honasa Consumer Ltd, the parent of beauty and personal care brands such as Mamaearth and The Derma Co, was launched.

The ET Soonicorns Summit 2023, an Economic Times initiative, to track the evolving frontiers of growth in the startup-tech sector will bring together key stakeholders and decision makers from within Indian tech-startup ecosystem to foster conversations, connections, and collaborations that can equip entrepreneurs, including those from Bharat, to navigate the ever-evolving tough market conditions and grow to build sustainable, scalable businesses of the future.

Kim mentioned that he has observed a surge in midcap stocks, especially in the Indian financial sector. However, large-cap financial stocks, especially private ones, still have some distance to cover, he added.

While all techies are affected by the increased workload during the festive season, software developers, system engineers, DevOps engineers, and IT support staff are under increased pressure because they are responsible for critical tasks that cannot be delayed

The Indian IT sector is facing headwinds due to the broader macroeconomic conditions and cutbacks on discretionary spends. Amid this another prominent trend is multiple senior level executives exits

Nifty 50 today closed at 19,230.60, up 97 points, or 0.51 per cent while the Sensex closed at 64,363.78, up 283 points, or 0.44 per cent.

/PRNewswire/ -- Global Management Consulting firm, Zinnov Management Consulting, released its industry-leading study on Digital Engineering spends today....

Of the top 10 listed software companies, mutual funds increased their holding in eight of them, while FIIs have done it in seven of them, shareholding data for the September quarter analysed by ETMarkets showed.