Latest news with #BSReporterNewDelhi
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Business Standard
07-07-2025
- Business
- Business Standard
HCLSoftware launches sovereign AI to enhance government data privacy
HCLSoftware's Domino 14.5 introduces a sovereign AI extension, Domino IQ, aimed at protecting data privacy for governments and regulated organisations, ensuring greater information security BS Reporter New Delhi HCLTech's software division, HCLSoftware, has launched Domino 14.5, a sovereign artificial intelligence (AI) aimed at governments and regulated organisations concerned with their data privacy. 'HCL Domino 14.5 ushers in significant enhancements to the Domino+ sovereign collaboration portfolio, including the introduction of Domino IQ, a sovereign AI extension to the Domino platform that protects an organisation's data privacy and ensures information security,' the company said in a statement.
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Business Standard
24-06-2025
- Business
- Business Standard
Google rolls out experimental AI Mode in Search for Indian users
Google launches AI Mode in Search via Labs for select users in India with advanced reasoning and multimodal capabilities for handling complex and nuanced queries BS Reporter New Delhi Google on Tuesday announced the rollout of AI Mode in Search for certain users in India. For now, the feature will be offered as an experiment in Labs in English, the company said. 'AI Mode is our most powerful AI search, with more advanced reasoning and multimodality, and the ability to go deeper through follow-up questions and helpful links to the web,' Google's vice-president of product management – Search, Hema Budaraju, said in a blog post. The AI Mode in Search, though visually similar to the AI Overviews feature of Google Search, is distinct as it allows users to ask longer, more complex, or nuanced questions that would previously have required multiple searches. The AI Mode works by breaking down a complex query into smaller subtopics and issuing a multitude of queries simultaneously on behalf of the user. All the answers received are then combined into one hyper-relevant content output that matches the user's query. 'You can not only access high-quality web content, but also tap into fresh, real-time sources like the Knowledge Graph, info about the real world, and shopping data for billions of products,' Google said on Tuesday. In May last year, Google launched its AI Overviews feature, which gave users a quick snapshot of the information they were looking for using the Search engine. The search engine giant had then said the Overviews feature ensured users were viewing a greater diversity of websites for help with more complex questions, and that the links included in AI Overviews received more clicks than if the page had appeared as a traditional web listing for that query. 'As we expand this experience, we will continue to focus on sending valuable traffic to publishers and creators,' Google added.
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Business Standard
13-06-2025
- Business
- Business Standard
Basmati rice exports to Iran at risk if Israel conflict persists: Traders
Iran is one of the top buyers of Indian basmati rice; traders warn exports may take a hit if the Israel conflict continues and diplomatic tensions escalate BS Reporter New Delhi Listen to This Article India's basmati rice exports to Iran might take a hit if the ongoing conflict with Israel persists for long and a diplomatic standoff in the host country leads to coercive measures like trade sanctions, traders said. Iran is a major destination for India's basmati rice exports and accounts for almost 700,000–800,000 tonnes per annum out of the total exports of 4–6 million tonnes. Earlier, India used to export around a million tonnes of basmati rice to Iran every year. 'India's basmati export season started from November
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Business Standard
06-06-2025
- Business
- Business Standard
Microfinance: Indicators show cautious lending, continuing stress in parts
Amid these shifts, CRIF High Mark emphasised that the sector remains on a path of long-term sustainability BS Reporter New Delhi The microfinance business continues to prioritise larger loan sizes. According to CRIF High Mark's 'MicroLend March 2025', loans between Rs 30,000–50,000 declined by 6.7 per cent quarter-on-quarter (QoQ), while those up to Rs 30,000 contracted by 8 per cent. Loans in the Rs 50,000-80,000 range saw a moderate QoQ decline of 0.4 per cent. Despite a small base, loans of Rs 80,000, particularly those over Rs 100,000 grew beyond industry trends, indicating a shift toward higher-ticket loans, likely among existing customers. Amid these shifts, CRIF High Mark emphasised that the sector remains on a path of long-term sustainability. While current indicators suggest cautious lending and persistent stress in parts of the portfolio, improvement in early-stage performance and a gradual move towards higher-quality credit segments are encouraging trends.
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Business Standard
03-06-2025
- Business
- Business Standard
Adani Energy Solutions may invest around ₹6K cr in cooling solutions biz
Adani Energy Solutions plans a Rs 5,000-6,000 crore investment in centralised cooling, setting up India's largest unit at Mundra with Cooling-as-a-Service model BS Reporter New Delhi Listen to This Article Adani Energy Solutions (AESL) is undertaking centralised cooling solutions projects with a cumulative capacity of 52,000 TR (tons of refrigeration), including setting up India's largest such cooling facility in Mundra, it said in its latest annual report. The company is additionally pursuing projects worth a quarter of a million (0.25 million) TR across geographies and sectors. While the capex details were not revealed, industry experts indicate these projects may see investments of around Rs 5,000–6,000 crore. The upcoming Mundra facility, with a capacity of 45,000 TR, will be India's largest and serve industries in the region.
