News

Ahmedabad-based NSquareIT Offshore launches PAN-India Global Capability Centre (GCC) services for Global Companies

Ahmedabad-based IT company NSquareIT Offshore has launched Global Capability Centre (GCC) services in India, expanding its offerings beyond IT services and Employer of Record (EOR) support to help global companies build long-term capability centres in India.

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Red Balloon Aerospace and Bazoomq sign space MoU

Red Balloon Aerospace Private Ltd and Bazoomq Space Research Laboratory have formed a partnership through a Memorandum of Understanding (MoU) aimed at enhancing near-space test campaigns, payload-platform integration, atmospheric research, and onboard AI development. This collaboration allows for the execution of stratospheric demonstration campaigns, real near-space testing of payloads, advancements in edge computing and autonomy, and exploration of future commercial prospects

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Beyond Manufacturing: How SEMICON India 2026 Advances India’s Semiconductor Strategy

SEMICON India 2026 reflects India’s strategy to become a trusted and resilient partner in the global semiconductor value chain by attracting international collaborations, investments, and technology partnerships. Beyond showcasing industry growth, the event highlights the importance of supply-chain diversification, workforce development, and ecosystem-building in strengthening India’s position in the global chip industry

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Rackspace Cuts 15% Workforce to Focus on AI Growth

Rackspace Technology is set to reduce its global workforce by approximately 15 per cent as part of a major transformation strategy aimed at strengthening its position in the rapidly growing enterprise artificial intelligence (AI) market. The cloud and IT services provider announced that the workforce reduction is a key component of a broader restructuring programme designed to align the company with increasing demand for AI-driven services and infrastructure solutions.

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NITI Aayog Urges India’s AI Self-Reliance After US Export Controls

AI giant Anthropic’s decision to take its latest AI models offline to comply with the US government’s new export controls reinforces that India will have to become self-reliant in technology development, NITI Aayog member Abhay Karandikar said on Thursday. Last week, Anthropic said it had taken its latest artificial intelligence models, Fable 5 and Mythos 5, offline to comply with a directive from the Trump administration to prevent their use by foreign nationals.

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