Global Tech Rotation, Not Foreign Plots: Explaining the FII Exit from Indian IT

By BPN News Desk September 5, 2025

Op-Eds Opinion

Indian equities—especially IT services—are facing outsized FII outflows and heavy index shorts, spawning a rumour that “foreign powers” are sabotaging the market. The evidence says otherwise: FY26 Q1 prints across Indian IT were soft; global consulting peers flagged cautious demand; and capital

Business

Ambani Launches AI Subsidiary with Google & Meta

By BPN News Desk August 30, 2025

At the 48th Annual General Meeting of Reliance Industries, Chairman Mukesh Ambani announced the launch of Reliance Intelligence, a wholly-owned subsidiary aimed at establishing India’s national-scale AI infrastructure. Strategic Tech Partnerships Reliance Intelligence will partner with Google to build an AI-focused cloud region in Jamnagar, powered by Jio’s network

Business

Musk’s xAI Files Lawsuit Against Apple and OpenAI

By BPN News Desk August 26, 2025

Elon Musk’s companies, xAI and X Corp., have filed a federal antitrust lawsuit against Apple and OpenAI. The suit alleges that the two giants have colluded to stifle competition in AI by integrating ChatGPT deeply into Apple’s ecosystem, thereby disadvantaging rival platforms like xAI’s Grok chatbot. Unfair Advantage Alleged The lawsuit claims that Apple’s exclusive […]

Business

Google Pledges $1 Billion to Support AI Training in U.S. Colleges

By BPN News Desk August 7, 2025

Google has announced a major investment of $1 billion over the next three years to support artificial intelligence (AI) training and education in the United States. The initiative will benefit more than 100 colleges, universities, and nonprofit institutions across the country, with plans to eventually include all accredited nonprofit U.S. colleges. The program aims to […]

Op-Eds Opinion

From Importer to Innovator: Building India’s GPU Roadmap for the AI Era

By BPN News Desk August 5, 2025

India is at the threshold of the AI age, yet the engines that power AI — GPUs — remain conspicuously absent from its industrial base. Despite grand ambitions under the India Semiconductor Mission and the promising rollout of the IndiaAI program, India has positioned itself more as a consumer of compute, not its creator. As […]

National

Agentic AI to Reshape Over 10 Million Jobs by 2030

By BPN News Desk August 1, 2025

A recent industry report has predicted that Agentic Artificial Intelligence (AI) will significantly transform India’s workforce, reshaping over 10.35 million jobs by 2030. At the same time, the rise of this technology is expected to create around 3 million new technology roles. Routine Roles to See Maximum Disruption Jobs involving routine, rule-based tasks—such as payroll

Business

Cognizant Q2 Profit Up 14%, Lifts Annual Guidance

By BPN News Desk July 31, 2025

Cognizant reported a 14% rise in net profit for the second quarter of 2025, reaching $645 million, or $1.31 per share, surpassing market expectations. Revenue stood at $5.25 billion, showing an 8.1% increase year-on-year, driven by steady demand across key sectors and geographies. Full-Year Outlook Raised Buoyed by better-than-expected results, Cognizant revised its

Business

TCS Plans 2% Workforce Cut Amid Restructuring

By BPN News Desk July 27, 2025

India’s largest IT services company, Tata Consultancy Services (TCS), has announced plans to reduce its global workforce by approximately 2%, which amounts to over 12,000 jobs. The decision is part of a broader strategic shift aimed at aligning operations with emerging technologies and changing market dynamics. The company, which currently employs over 613,000 people

Business

Nvidia and AMD Chiefs Back Trump’s AI Push

By BPN News Desk July 25, 2025

The CEOs of Nvidia and AMD have voiced strong support for President Donald Trump’s new AI action plan, which aims to boost American leadership in artificial intelligence through relaxed regulations, expanded energy access, and a clampdown on what Trump calls “woke” AI systems. Chipmakers Welcome Deregulation, Export Relaxation At a recent industry roundtable in

International

Trump Bans “Woke” AI in Federal Government

By BPN News Desk July 24, 2025

President Donald Trump signed an executive order instructing all federal agencies to stop using artificial intelligence (AI) systems that display political or ideological bias. The order is aimed at preventing what he described as “woke” AI and ensuring that government systems reflect neutrality and factual accuracy. New Rules for Government AI Use The executive order […]