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TECHNOLOGY

Indian IT sector's recruitment grows 10 pc annually
BUSINESS

Indian IT sector's recruitment grows 10 pc annually

New Delhi, Aug 6 — India’s technology hiring is diverging into two distinct trends as overall demand for tech work rose 10 per cent annually even as entry‑level IT roles eased, a report said on Thursday.The report from job site foundit said AI-led roles now account for 4 per cent of entry-level…

Meta’s AI model hacked external system during cybersecurity test
BUSINESS

Meta’s AI model hacked external system during cybersecurity test

New Delhi, Aug 6 — Technology giant Meta Platforms Inc. reported that one of its artificial intelligence models accessed the internet and hacked into an outside service's systems during cybersecurity testing following other recent incidents in the AI industry that have raised concerns about…

Cohance Lifesciences slips into Rs 24 crore loss in Q1
BUSINESS

Cohance Lifesciences slips into Rs 24 crore loss in Q1

Mumbai, Aug 5 — Cohance Lifesciences Limited on Wednesday reported a consolidated net loss of Rs 24.1 crore for the first quarter of FY27, compared to a net profit of Rs 48.9 crore in the corresponding quarter of the previous fiscal (Q1 FY26).The company's revenue from operations declined 23.1 per…

Healthcare major Aster DM Q1 profit slumps 81 pc to Rs 16 crore
BUSINESS

Healthcare major Aster DM Q1 profit slumps 81 pc to Rs 16 crore

Mumbai, Aug 5 — Aster DM Quality Care on Wednesday reported over 81 per cent decline in net profit for the quarter ended June 2026 (Q1 FY27).The healthcare major posted a consolidated net profit of Rs 16.1 crore in the first quarter, down 81.2 per cent from Rs 85.5 crore recorded in the…

Indian Railways utilises 39 pc of FY27 capex spent till July: Govt
BUSINESS

Indian Railways utilises 39 pc of FY27 capex spent till July: Govt

New Delhi, Aug 5 — Indian Railways has incurred capital expenditure of over Rs 1.14 lakh crore or about 39 per cent of the budgetary allocation for 2026-27 till July, while expanding the deployment of its indigenous train collision avoidance system Kavach and upgrading tracks to support higher…