Edu advances hold up well despite visa, AI headwinds

Mumbai: Education lending in India is proving unexpectedly resilient. Growth remains brisk and asset quality has improved even as visa curbs for Indian students in some countries and labour-market uncertainty from artificial intelligence cloud employment prospects abroad. Data from Reserve Bank of India show education loans rising 14.8% year-on-year, with banks’ outstanding exposure reaching Rs…

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Qualcomm to make modules in India

New Delhi: Ramping up its India focus, US semiconductor and wireless technology company Qualcomm is all set to announce a partnership to manufacture and source automotive modules from the country. “We are expanding our relationship with India also for the beginning of advanced packaging and assembly and testing of semiconductors. And, we also want to…

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Companies see AI as a growth engine: Accenture CEO

Accenture CEO Julie Sweet highlights need for AI access for SMEs to drive inclusive global growth New Delhi: Julie Sweet is CEO of Accenture, the world’s largest IT consulting and services company, with revenue of $70 billion. After a 10-year legal career, Sweet joined Accenture as general counsel in 2010 and was appointed CEO in…

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Chennai-based startup to build India’s 1st e-air taxi

ePlane Company’s Air Tax New Delhi: Chennai-based startup The ePlane Company is building India’s first electric air taxi, the e200x, using advanced technology from Nvidia. Engineers have created a highly detailed “digital twin” of the aircraft using Nvidia Omniverse software, allowing them to test flight physics, sensors and emergency scenarios in a virtual world before…

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Entering a world that anticipates, automates: NXP

New Delhi: Imagine a world where your home unlocks as you approach, adjusts the temperature before you feel the chill, quietly monitors your health, and safeguards your property without a single visible barrier. Your car becomes a rolling living room, steering, braking, and navigating hazards long before they enter your line of sight. In factories,…

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