Flipkart, Amazon expand dark stores as profit check slows quick commerce majors

The quick-commerce foray of Flipkart and Amazon appears to have coincided with the profitability check at pioneers in this space -Swiggy and IPO-bound Zepto – and amid a broader debate over employment conditions in the last-mile, instant delivery revenue stream.

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Amazon unit withdraws from drone trade group, raises safety concerns

Amazon Prime Air said in a ​letter seen Thursday by Reuters that the alliance's ​positions "on the ⁠most consequential ‌safety questions ​facing ​the commercial drone industry ⁠are incompatible with Prime Air's ​core safety tenets."

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Lucid unveils steering wheel-free robotaxi concept, taking aim at Tesla's Cybercab

Lucid ​showcased a two-seater ​robotaxi concept without pedals ‌and ⁠a steering ⁠wheel ​and announced a ​self-driving tech subscription for ​its ⁠electric vehicles ‌at ​its ​investor ⁠day event on Thursday.

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Infosys tightens overseas travel approvals amid Middle East crisis

In an internal communication sent to employees on Wednesday and reviewed by ET, the company said only critical travel would be permitted for the time being. Group meetings, events, offsites, conferences and similar gatherings have been restricted until further notice.

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India's software exports touch $222 billion in 2024-25: ESC

The export of computer software and services, including ITeS and BPO, increased by 11% on a year-over-year basis to $222 billion in 2024-25, the Electronics and Computer Software Export Promotion Council said on Tuesday.

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Wipro Enterprises eyes entry into semiconductor sector

Wipro Enterprises is considering entering semiconductor manufacturing, likely chip assembly, taking a cue from other large Indian conglomerates that are betting on the sunrise industry to power new avenues of growth. It will look to enter the space via the outsourced semiconductor assembly and test (OSAT) route, he said, much like the HCL Group that laid the foundation stone for a Rs 3,700 crore OSAT facility in Uttar Pradesh in a joint venture with Foxconn.

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Househelp apps top 2 million monthly orders amid profitability questions

India’s emerging 10-minute househelp segment is scaling quickly, but investors are seeking clearer answers on long-term economics. Market leaders Urban Company, Snabbit and Pronto together recorded over 2 million monthly orders in February, up sharply from 1.3 million in December, helped by expansion into new cities and micro-markets.

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A guide to the Pentagon's dance with Anthropic and OpenAI

If Anthropic did not allow the Pentagon to deploy these technologies for "all lawful uses," Hegseth said, he would sever ties with the San Francisco startup.

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AI to play major role in tomorrow's warfare: CDS Anil Chauhan at Raisina Dialogue

Chief of Defence Staff General Anil Chauhan on Saturday said the world is at the cusp of a huge transformation where artificial intelligence and autonomous systems will influence future warfare.

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AI firm Fractal expects strong growth on increased AI adoption

The newly listed firm crossed Rs 100 crore in net profit for the first time in the December quarter, on the back of year-on-year 21% revenue growth to Rs 854.4 crore.

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Marvell Tech shares soar on bullish multi-year AI chip outlook

Marvell Technology rose ​nearly 11% in early trading on Friday, as its ​upbeat multi-year forecast underscored booming demand for custom AI chips from large technology companies.

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