Databricks Acquires Arcion in $100M Deal
The company acquired Arcion for about $100 million, including incentives…reports Asian Lite News US-based data and AI company Databricks has acquired data
Investor Caution in IT Stocks
Rupee depreciation and cost control seems to have helped in margins inching up. Companies activated a few levers to defend margins….reports Asian
GenAI Investments to Outpace Overall AI Spending
This is more than twice the rate of growth in overall AI spending and almost 13 times greater than the CAGR for
RBI Holds Key Repo Rate at 6.5%
The MPC, in its policy review meeting, had retained the key repo rate at 6.5 percent, reiterating willingness to act against inflation….reports Asian
External Factors Impact Indian Markets
The key risk is any escalation of geo-political tensions, which may heighten market volatility in the short term…reports Asian Lite News External
Adobe To Tap Generative AI
Narayen wrote that AI will help us do things that we couldn’t have imagined a decade ago…reports Asian Lite News AI and
Get Ready for a Realme Spectacle this Festive Season
As the festive season approaches, realme is gearing up for a surge in demand….reports Asian Lite News The Indian festive season is
Re.life Expands In MENA
re.life’s geographical expansion comes with its exponential growth in 2023, surpassing its performance indicators from 2022….reports Asian Lite News During GITEX Global
Vedanta Welcomes Japanese Firms
Vedanta, a global natural resources and technology conglomerate, highlighted the tremendous investment opportunities in India…reports Asian Lite News The state government of
Unicommerce Eyes Deeper Expansion
With most of the population residing in smaller cities, global and domestic brands are increasingly establishing warehousing and distribution facilities to tap