Microsoft: ‘Push investment while protecting sovereignty’ | India Business News

New Delhi: Microsoft president Brad Smith, in an interview, outlined the opportunities and responsibilities AI presents for the Global South, with a particular focus on India. He noted the need for digital sovereignty, and India-US collaboration through trade agreements to protect sovereignty while enabling cross-border innovation. Smith said India is Microsoft’s second-largest employee base, with…

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Ramadan 2026 overtime work rules in UAE explained: Get 25% above normal hourly wage, 50% extra for evening shifts

UAE Ramadan 2026: Reduced Work Hours Explained for Private Sector Employees As the holy month of Ramadan 1447 AH begins across the UAE, workplaces nationwide are adjusting schedules to reflect both the spiritual rhythm of the month and legal labour requirements. Under Cabinet Decision No. 1 of 2022 implementing Federal Decree-Law No. 33 of 2021,…

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Sarvam rolls out 105-bn parameter AI LLM model

Sarvam AI showcases futuristic solutions tailor made for India’s needs New Delhi: In a major step for India’s push to compete in advanced AI, homegrown startup Sarvam has launched a foundational 105-billion-parameter large language model (LLM), along with a range of tools and systems aimed at commercialisation. The company said the model performs on par…

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Will fast-track IndusInd, Gensol cases: ICAI chief

ICAI president Prasanna Kumar D New Delhi: The Institute of Chartered Accountants of India (ICAI) has set up a special group within its Financial Reporting Review Board to fast-track high-profile cases, the regulatory agency’s president Prasanna Kumar D said. “… more than 10 to 15 cases are there which have public interest. These cases will…

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AI tools to widen scope for IT cos: Parekh

Salil Parekh, CEO and MD, Infosys (File photo) New Delhi: Infosys CEO Salil Parekh suggested that stock market investors may be misreading the impact of AI tools from companies like Anthropic, arguing that rather than shrinking opportunities for IT services firms, such technologies are likely to expand and reshape the demand for their capabilities. He…

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