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Chairman N. Chandrasekaran told ET Now that Tata Consultancy Services is actively working with businesses to implement next-generation “Agentic AI” solutions, highlighting artificial intelligence as the biggest opportunity in the company’s history. Speaking at the company’s 31st Annual General Meeting, he emphasized that while the company continues to produce consistent financial performance in a difficult global context, AI is emerging as a key growth engine. According to Chandrasekaran, TCS is “working with enterprises on the deployment of Agentic AI solutions,” indicating a change in which AI systems are becoming more adept at carrying out intricate, end-to-end workflows. As businesses move…

Even as rapid commerce rival Zepto filed amended draft documents for its proposed IPO, shares of Eternal Ltd (Zomato) and Swiggy Ltd increased on Tuesday, somewhat reversing the losses from the previous session. In the midst of a fiercer struggle in India’s fast commerce market, Zepto filings show a robust increase in revenue and transaction value while reducing losses. Swiggy shares increased 1.7 percent to Rs 245.3 in early trade, while Eternal stock, which owns Blinkit, was up about 1 percent at Rs 250.9. In the previous session, both big equities had dropped by almost 4% apiece. For its planned…

LPG Rate Today: Supplying a domestic cylinder to your home costs the government and oil businesses ₹1,600. Customers are still paying less in spite of this. The cost of LPG gas cylinders has not changed as of yet. LPG Price Today, June 9: In recent days, the cost of supplying residential cooking gas has increased significantly. A typical 14.2-kg LPG cylinder now costs more than ₹1,600 to deliver. Customers are still paying much less even if the price of petrol has dramatically increased internationally. The government and public sector oil marketing businesses are footing the bill for the under-recovery of…

Tokyo: Towards the end of last year, a small group of retired Honda Motor executives began holding private meetings to talk about the problems facing the Japanese carmaker and the person they thought was to blame: Chief Executive Toshihiro Mibe. According to a written account of their conversations that Reuters reviewed and interviews with two participants, they developed a case against the former engineer over months of text messages, meetings, and meals that occasionally included current executives. They accused Mibe of ignoring China, the largest auto market in the world, and placing a “failed” wager on electric cars, which would…

Cheers to Tuesday! Zepto, a quick commerce company, has submitted revised draft documents for its $1 billion IPO. This and more in today’s ETtech Morning Dispatch. Also in the letter:  Ex-Mirae India CEO’s new fund Articul8’s heritage AI bet Infineon deepens India ties Zepto files updated papers for Rs 9,500 crore IPO; aims July listing Zepto CEO Aadit Palicha has submitted its revised prospectus for a Rs 9,500-crore initial public offering (IPO), paving the way for one of the year’s most anticipated new-age listings and possibly aiming for a July market debut. Quick commerce first: The offering will make Zepto…

According to a report by InCred Research, India’s drive for E85-compatible cars could raise yearly ethanol demand by around 21% by fiscal 2040 when compared to a scenario based only on E20 fuel blending. According to the research, the government’s new emphasis on E85 gasoline is the first significant attempt to extend the nation’s ethanol program beyond the E20 roadmap, generating demand for ethanol in addition to the current blending ecosystem. Flex-fuel technology has been shown by automakers, and India has already developed significant ethanol production capacity to satisfy the E20 target. According to the paper, policymakers are also working…

The world has been told repeatedly over the past five years that artificial intelligence would save corporations billions of dollars, replace costly employees, and radically change enterprises forever. Tech companies scrambled to incorporate AI into everything they could. customer service, hiring, coding, logistics, and even making decisions. However, something unexpected is currently taking place behind closed business doors. The same AI technologies that were supposed to save a ton of money are really turning into financial catastrophes. According to reports, Uber’s annual AI funding disappeared in just four months. Because the expenses are growing too quickly, Microsoft is now requesting…

As moviegoing habits change after the epidemic, Cinepolis India is focusing more on growing its footprint, boosting its contribution to food and beverage (F&B), and increasing weekday foot traffic. According to Devang Sampat, managing director of Cinepolis India, the multiplex chain intends to add about 40 screens a year while aiming to raise its F&B contribution as a percentage of the box office to 70 to 75 percent. The company will continue to seek catchment-led expansion rather than a metro versus non-metro strategy, according to Sampat in an interview with BW Businessworld. The company intends to add nearly 20 screens…

Since last month, the retail prices of gasoline and diesel have increased four times; the most recent increase, of Rs 2.6 and Rs 2.7 per liter, respectively, was announced last week. With the exception of a few paise, the cost of gasoline and diesel has not changed much as of June 8. Since the beginning of the US-Iran war, prices have risen by Rs 7.5–8. The ongoing crisis in the Middle East has caused global oil prices to jump, which has had a huge impact on oil marketing companies. Diesel costs Rs 95.20 per litre, while petrol costs Rs 102.12…

OnePlus has officially revealed the launch date of the OnePlus Turbo 6X series after teasing it for a few days. The two versions in the series, the Turbo 6X and Turbo 6X Pro, will make their debut in China on June 10. In addition to disclosing the launch date, the company has verified a few important features of the Pro version. OnePlus Turbo 6X Pro key specifications confirmed The OnePlus Turbo 6X Pro will include a Samsung AMOLED display with 1.5K resolution support, according to the posters below. The screen offers full-brightness DC dimming and is designed for outdoor visibility.…