Page 4 - Smart World News Today

The Ayodhya Development Authority and Saifee Burhani Upliftment Trust (SBUT) have jointly secured the top spot in the Smart Infrastructure category at FICCIs 5th Smart Urban Innovation Awards.

Computing power network will match AI's demands, say industry leaders Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

The President/CEO added that Africans have always argued that Africa’s contribution to the current climate change catastrophe is insignificant compared to the West “that is true, however, what we fail to appreciate is that the problem was significantly created by the West but the solution lies in the hands of Africa and this is another 21st century industrial revolution for Africa to take advantage of”.

Leading global telco releases annual report on the development of photonics-based wired and wireless communications infrastructure claiming breakthrough in distributed datacentres and addressing communications for AI and large language model use cases.

"While LTTS deal wins have improved, complemented by better margin defence, risks of business cyclicality and weaker working capital cycle (post-SWC) persist," HDFC Securities said in a note.

Indian engineering research and development services provider L&T Technology Services cut its revenue growth forecast for the current financial year on Tuesday, citing longer deal decision cycles...

In the same quarter last year, the top 10 IT companies had added over 69,000 employees. Of the top 10 IT companies in India by revenue, six companies saw their headcount shrink during the quarter

The board will meet on July 25 to consider the buyback and a special dividend for fiscal year 2023-24.

Pti: L&T Technology Services Reports 15 Percent Growth in Q1FY24

L&T Tech Q1 results: The company's Q1 FY24 profit came at Rs 311.1 crore as against Rs 275.4 crore in the same period a year ago. Revenue from operations grew by 15 per cent to Rs 2,301.4 crore compared to Rs 2,006.2 crore in the corresponding period last year. In dollar terms, revenue stood at $280 million, a growth of 10 per cent (YoY) in constant currency.