Tag
Information Technology
31 articles
The information technology sector is experiencing a surge in investment and expansion, fueled by both government initiatives and private sector growth. Nvidia's strong revenue projections and a $105 billion guarantee for its Ohio data center underscore the continued demand for AI infrastructure, while companies like Backblaze and WhiteFiber are raising substantial capital through convertible notes to fund data center expansion and GPU server deployments. Complementing this trend, India's digital economy is rapidly expanding, contributing 12-14% to GDP and projected to reach 20% within the decade, supported by government incentives for semiconductor manufacturing and AI development. These developments signal robust growth potential within the IT sector, albeit with financing considerations for some players, and highlight the increasing importance of AI and digital infrastructure globally.
Nvidia Aa1 Rating Confirmed, $105B Ohio Guarantee
Moody's reaffirmed Nvidia's Aa1 senior unsecured rating and Prime‑1 CP rating, keeping a positive outlook.
Nvidia will backstop lease and power payments for an OpenAI affiliate covering 4.25 GW IT pow
WhiteFiber $250M Convertible Notes Drop Stock 25%
WhiteFiber announced a $250 million convertible senior notes offering due 2032 in a private placement to qualified institutional buyers.
The company granted purchasers an option for up to $37.5 millio
Backblaze Announces $150M Convertible Notes Offering
Backblaze shares fell 6.7% in after‑hours trading following announcement of a $150 million convertible senior notes offering.
The notes will be senior unsecured, convertible into cash, Class A shares
Millworks Technologies Announces August 21 Investor Meeting
Millworks Technologies discloses a group investor call scheduled for August 21, 2026, under SEBI LODR Regulation 30.
Managing Director Sridhar Acharya and Investor Relations Officer Tejaswini S will r
Supreme Court Condones Delay in META Petition
Hemendra Patel filed a writ petition against the Union of India seeking condonation of delay in refiling defects.
The Supreme Court, comprising the Chief Justice and Justices Joymalya Bagchi and V. Mo
IKIO Technologies Schedules August 27 Investor Meetings
• IKIO Technologies intimated scheduled virtual analyst/investor meetings on August 27, 2026 under SEBI LODR Regulations.
• Meetings are scheduled with Xponentia Capital Partners (2:00-3:00 PM) and Tr
Sugs Lloyd Limited Website Migration and Revamp
Sugs Lloyd Limited migrated and revamped its website on a new hosting platform for improved performance and user experience.
The company's official domain name www.sugslloyds.com remains unchanged fol
Jitendra Singh Highlights AI, Digital Governance Transformation
Union Minister Dr. Jitendra Singh emphasized AI, quantum tech, cybersecurity, and digital tools are rapidly transforming governance processes.
63 officers have entered government through lateral entry
Software Freedom Law Center Wins Instagram Restoration
The Supreme Court heard a petition by Software Freedom Law Center, India, requesting restoration of its Instagram handle @aapgujarat and Facebook page.
Court ordered respondents to restore the account
India's Digital Economy Contributes 12-14% to GDP
India's digital economy contributes 12-14% to GDP and is projected to reach 20% in the next decade, making it the world's fifth-largest digitalised economy.
Electronics production grew 7-fold to ₹13.1
India's ₹1.38 Lakh Crore Semiconductor and AI Push
India approved Semicon 2.0 with ₹1,27,500 crore outlay to expand semiconductor ecosystem across six strategic pillars including fabrication and design.
Twelve semiconductor projects approved with ₹1.6
Indian Judiciary e-Courts Project Digital Transformation
Indian government's e-Courts Mission Mode Project has digitized judiciary with 753 crore pages of court records digitized since 2014.
Project achieved 1,806 e-Sewa Kendras, 4.18 crore remote hearings,
Defrail Technologies 3rd AGM Notice and Annual Report
Defrail Technologies schedules its 3rd AGM for September 10, 2026, at its Faridabad registered office.
Company issues notice to shareholders without registered email addresses per SEBI Regulation 36(1
Blue Cloud Softech NSE Dual Listing Admission
Blue Cloud Softech admitted to NSE trading with 92.3 crore shares effective 17 August 2026 under permitted category.
Company reported FY26 revenue ₹1,002 Cr (+26%), PAT ₹60.5 Cr (+37%) and Q1 FY27 rev
Rashi Peripherals FY26 Revenue Hits ₹15,827 Cr, PAT Up 52.8%
Rashi Peripherals reported 14.9% YoY revenue growth to ₹15,827 crore and 52.8% PAT growth to ₹282 crore for FY 2025-26, with 3-year PAT CAGR of 31.8%.
The company expanded distribution to 701 location
Nucleus Software Trust Secondary Market Share Purchase
Nucleus Software Equity Incentive Trust to purchase up to 114,187 shares for RSU scheme fulfillment.
Share acquisition scheduled for completion by September 30, 2026, in multiple tranches during open
Supreme Court Orders Union on Child Abuse Reporting
Court condoned delay and noted serious lapses by social media intermediaries in IT Act due diligence and POCSO reporting obligations.
Applicants sought directions for Union to issue SOP, create report
Genesys International Appoints Nikhil Alulkar as CEO
Genesys International appointed Nikhil Alulkar as Chief Executive Officer effective August 17, 2026.
Alulkar previously served as Head – India Business and Senior VP at Tech Mahindra with enterprise t
Exato Technologies Q1FY27 Earnings Call on August 19
Exato Technologies schedules its Q1FY27 earnings call for August 19, 2026, post unaudited results announcement.
The call will feature key management including Chairman & MD Appuorv K Sinha and other C
PM Modi Outlines Viksit Bharat 2047 Vision with Economic Reforms
Prime Minister Narendra Modi outlined the vision for a developed India (Viksit Bharat) by 2047, citing economic transformation including 25 crore citizens lifted from poverty and the economy becoming
Aheesa Digital Innovations Achieves First-Pass Silicon Success
Aheesa Digital Innovations achieved first-pass silicon success with VIHAAN broadband chip using indigenous VEGA microprocessor.
The startup raised ₹40 crore from TNIFMC and private investors to accele
EaseMyTrip Q1 FY27 Revenue Up 18.4% YoY
EaseMyTrip reported Q1 FY27 Revenue from Operations of INR 134.7 Cr, an 18.4% YoY increase, with Gross Booking Revenue at INR 2,371 Cr.
Dubai operations showed strong growth with Gross Booking Revenue
Mastek FY26 Reports 7% Revenue Growth, 44th AGM Scheduled
Mastek Limited reported 7% revenue growth to INR 3,699 crore with 21.8% UK business growth and record cash position of INR 938.5 crore in FY26.
The company will hold its 44th Annual General Meeting on
Genus Power Q1 FY27 Revenue Up 45% YoY
Genus Power reported Q1 FY27 revenue of ₹1,365 crore, a 45% YoY growth driven by smart metering project execution.
Order book stands at ₹24,020 crore, providing strong medium to long-term revenue visi
FutureSkills PRIME Registers 34 Lakh Candidates, 13 Lakh Certified
FutureSkills PRIME program has registered over 34 lakh candidates with 13 lakh+ certified in emerging technologies like AI and cybersecurity.
The program shows strong participation from Tier 2/3 citie
GTT Data Solutions Approves Three Acquisitions and Q1 Results
Board approved Q1 June 2026 unaudited standalone and consolidated financial results, reporting a standalone net loss of ₹54.87 lakhs.
Approved three major acquisitions: 47.47% of Antworks Solutions In
NIELIT Digital University Reaches 2.7L Learners, SWAYAM Plus 6L Enrollments
Government launched NIELIT Digital University in October 2025 providing 100+ technology courses across 750 districts with 2.70 lakh registrations.
SWAYAM Plus platform offers 500+ employability-focuse
PMKVY 4.0 Trains 5.44 Lakh in New-Age Technologies
PMKVY 4.0 has trained over 5.44 lakh candidates in future-oriented technologies like AI and drones as of June 2026.
The scheme has utilized ₹414.86 crore for new-age job roles and mandates industry-al
MSDE Details AI and Emerging Tech Skilling Initiatives
MSDE outlines Skill India Mission programs like PMKVY and NAPS to bridge skill gaps in AI, robotics, and automation through 36 industry-led Sector Skill Councils.
NCVET has approved 10,209 industry-al
Mahaveer Infoway Promoters Acquire and Dispose Shares
Promoter Ashok Kumar Jain acquired 1,51,000 equity shares (2.74% stake) via off-market transaction on June 9, 2026, increasing holding to 34.65%.
Promoters Kamal Kumar Kothari and Rajender Kumar Jain
KREON Financial Acquires 1.34% in Kairosoft AI
KREON Financial Services disclosed open market acquisition of 15,870 shares in Kairosoft AI Solutions under SEBI Takeover Regulations.
Post-acquisition holding increased to 9.05% from 7.71% of total p