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AI spending in India may triple to $5 bn by 2027: Report

AI spending in India is expected to increase to $5 billion with CAGR of 31.5%New Delhi: Spending on Artificial Intelligence (AI) in the country may triple to $5 billion by 2027, an Intel-IDC report released on Tuesday said.According to...

Significant percentage of Indian companies hit by ransomware attacks in 2023: Sophos

Ransomware attacks come with a timeline, threatening users New Delhi: Nearly 64% of Indian organisations surveyed were hit by ransomware attacks in 2023, a latest report by Sophos said on Tuesday, noting that while the attack rates fell year-on-year, the...

Armani Exchange opens outlet in Bengaluru

The new Armani Exchange store is located at Phoenix Mall of Asia, Hebbal, South BengaluruBengaluru: Italian apparel and accessories brand Armani Exchange (A|X) has launched its new store in Bengaluru located at Phoenix Mall of Asia, a mall official...

DLF is building Khan Market-style neighbourhood plaza in Gurugram

DLF is already in the process of leasing another Plaza in Moti Nagar in Delhi. The Moti Nagar plaza had around 3 lakh sq ft and is expected to open later this year New Delhi: DLF Ltd. is building a...

IKEA partners Rhenus to set up warehouse at Gurugram for online order deliveries in Delhi-NCR

This step aims to support the growth of IKEA's e-commerce expansionNew Delhi: Swedish furniture retailer IKEA on Tuesday said it has partnered with Rhenus, a global logistics player, to support its e-commerce expansion and deliveries to customers in...

Namaskara Meals to open 20 outlets by FY25

The company began its operations recently, starting from Gurugram, with six new locations Bengaluru: Indian street food restaurant chain Namaskara Meals is targeting to launch 20 more outlets by fiscal year 2025, the company said in a press release on...

DLF net profit up 62% in Q4 to Rs 921 cr; FY’24 profit up 34% to Rs 2727cr

DLF Ltd has developed more than 158 real estate projects and developed an area in excess of 340 million sq. ft.New Delhi: India's largest realty firm DLF Ltd on Monday reported a 62% increase in its consolidated net profit...

Retail inflation eases to 11-month low of 4.83% in April

The central bank has projected the CPI inflation for 2024-25 at 4.5%New Delhi: Retail inflation eased to an 11-month low of 4.83% in April as prices of some kitchen items declined though overall food basket firmed up marginally, according...

Zomato to surrender RBI licence to operate as online payment aggregator

Zomato announced the incorporation of ZPPL in 2021 as its wholly owned subsidiary to carry out the business as a payment aggregatorNew Delhi: Food tech major Zomato on Monday said its subsidiary Zomato Payment Pvt Ltd (ZPPL) has decided...

Community building and employee engagement: Key retail mantras for FY25

Assembling a community around the brand and strengthening the brand's internal community or team is crucial, according to industry leaders at PRC 2024 Bengaluru: Building a niche community centred on a brand, backed by thorough market analysis and strong employee involvement...
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Starbucks goes to Manali

Situated at a height of 7,697 feet, the latest outlet is the brand’s highest-altitude store in India New Delhi: US-based...
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