Latest news with #Mastek
Mint
11 hours ago
- Business
- Mint
Indian markets set for muted open as Middle East tensions spur caution
June 20 (Reuters) - India's equity benchmarks are poised for a subdued start on Friday, in line with broader Asian markets, as escalating tensions between Israel and Iran continue to rattle global investor sentiment. The Gift Nifty futures were trading at 24,777.5, as of 7:46 a.m. IST, indicating that the Nifty 50 will open near the previous close of 24,793.25. Both the Nifty and Sensex indexes ended flat in the previous session, while the broader markets fell on risk-aversion mode. Asian peers opened subdued on Friday after reports that Israel had bombed Iranian nuclear sites, triggering retaliatory missile and drone strikes from Iran. The White House said U.S. President Donald Trump would decide within two weeks whether the U.S. would back Israel militarily. Wall Street equities were closed on Thursday. "Investors are treading cautiously, with fears of U.S. involvement adding a fresh layer of uncertainty to an already volatile environment," said Vinod Nair, Head of Research at Geojit Financial Services. Domestic institutional investors (DII) remained net buyers of Indian stocks for the 23rd consecutive session on Thursday, with net inflows of 11.13 billion rupees ($128 million) in the previous session, cushioning volatile foreign flows and lending liquidity support to the markets. ** Mastek launches a comprehensive suite of AI solutions aimed at driving enterprise-wide AI adoption ** Nestle India says it will consider issuing bonus shares at a board meeting scheduled on June 26 ** ITD Cementation secures contracts worth 9.6 billion rupees ** HDFC Bank's unit HDB Financial Services sets a price band of 700-740 rupees per share for its initial public offering; issue to run from June 25-27 ($1 = 86.8130 Indian rupees) (Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sherry Jacob-Phillips)
Reuters
11 hours ago
- Business
- Reuters
Indian markets set for muted open as Middle East tensions spur caution
June 20 (Reuters) - India's equity benchmarks are poised for a subdued start on Friday, in line with broader Asian markets, as escalating tensions between Israel and Iran continue to rattle global investor sentiment. The Gift Nifty futures were trading at 24,777.5, as of 7:46 a.m. IST, indicating that the Nifty 50 (.NSEI), opens new tab will open near the previous close of 24,793.25. Both the Nifty and Sensex (.BSESN), opens new tab indexes ended flat in the previous session, while the broader markets fell on risk-aversion mode. Asian peers (.MIAPJ0000PUS), opens new tab opened subdued on Friday after reports that Israel had bombed Iranian nuclear sites, triggering retaliatory missile and drone strikes from Iran. The White House said U.S. President Donald Trump would decide within two weeks whether the U.S. would back Israel militarily. Wall Street equities were closed on Thursday. "Investors are treading cautiously, with fears of U.S. involvement adding a fresh layer of uncertainty to an already volatile environment," said Vinod Nair, Head of Research at Geojit Financial Services. Domestic institutional investors (DII) remained net buyers of Indian stocks for the 23rd consecutive session on Thursday, with net inflows of 11.13 billion rupees ($128 million) in the previous session, cushioning volatile foreign flows and lending liquidity support to the markets. ** Mastek ( opens new tab launches a comprehensive suite of AI solutions aimed at driving enterprise-wide AI adoption ** Nestle India ( opens new tab says it will consider issuing bonus shares at a board meeting scheduled on June 26 ** ITD Cementation ( opens new tab secures contracts worth 9.6 billion rupees ** HDFC Bank's ( opens new tab unit HDB Financial Services sets a price band of 700-740 rupees per share for its initial public offering; issue to run from June 25-27 ($1 = 86.8130 Indian rupees)
Time of India
a day ago
- Business
- Time of India
Mastek Ltd launches ADOPT. AI for enterprise AI adoption
Mastek , a cloud transformation company, has launched ADOPT. AI, an AI-driven suite to accelerate enterprise AI adoption across the lifecycle. To be updated
Business Upturn
a day ago
- Business
- Business Upturn
Mastek launches ADOPT.AI suite to accelerate enterprise AI adoption
By Aman Shukla Published on June 19, 2025, 16:11 IST Mastek, a digital engineering and cloud transformation company, has launched a new suite of AI-driven solutions and services designed to help businesses implement and scale artificial intelligence across their operations. The suite supports enterprises throughout the AI adoption journey, from early experimentation to mature deployment across departments. covers three focus areas—technology, business applications, and data. Within the technology scope, Mastek integrates proprietary tools like AI Amigo and Mastek ITSM Agent with established platforms such as GitHub Copilot. The goal is to enhance software delivery by improving productivity and streamlining development processes. For business transformation, the suite introduces a structured AI framework that embeds AI into enterprise applications. This includes automation of workflows and domain-specific AI agents designed for functions such as legal, marketing, customer service, HR, ERP, and finance. A growing library of AI solution blueprints supports faster implementation across different industries. In workforce development, the Mastek AI Academy has certified over 3,600 employees in AI competencies ranging from foundational knowledge to advanced skills on platforms like Oracle, Salesforce, AWS, and Microsoft. This initiative aligns with the company's broader strategy to enable an AI-ready workforce. Mastek has also established an AI Engineering Center of Excellence (CoE) focused on AI consulting, integration, and development of AI agents and industry-specific use cases. Collaborations with Microsoft, Oracle, and Salesforce enhance Mastek's ability to integrate AI into core business systems. Additionally, Mastek has entered strategic partnerships with NVIDIA and Open Ana to access advanced AI capabilities and deliver scalable, secure solutions to enterprise clients. Through Mastek aims to support organizations looking to unlock value from AI and embed it into critical aspects of their operations. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Indian Express
2 days ago
- Business
- Indian Express
IIT-B's Spoken Tutorial to empower students from tier-2 and tier-3 cities in finding jobs
The Spoken Tutorial project, developed at the IIT Bombay, brought together industry and academic leaders to explore a more efficient future for finding jobs in India, at a panel discussion on challenges faced by students from tier-2 and tier-3 cities. The discussion titled 'Hiring 2.0 in a Digital World', was part of the programme Education Technology for Nation Building held at Victor Menezes Convention Centre (VMCC) at IIT Bombay's campus in Mumbai's Powai. The discussion focused on the need to move beyond traditional hiring practices like resumes, referrals, and job fairs, which often fail to serve those outside urban centers. The panel included dignitaries such as Professor Kannan Moudgalya, inventor of Spoken Tutorial, Ashank Desai, chairman of Mastek, Prof Tara S Shaw of IIT Bombay, and Gaurav Gupta, Chief Growth Officer, EkStep Foundation. In partnership with EkStep and Proofofskill, Spoken Tutorial piloted a model where students could create verified digital profiles using voice-based, local language skill assessments. Employers, in turn, could act on these trusted signals—reducing hiring time to just 15 organisers shared that the pilot was designed with inclusion at its core—supporting voice inputs, local languages, and formats for students from tier-2 and tier-3 towns. 'This is not about replacing what works, but digitising what doesn't,' said Professor Moudgalya, emphasising the model's potential to empower students and MSMEs alike. Ashank Desai noted the strain MSMEs face during recruitment and how digital hiring can free up founders to focus on growth. With over 600 million working-age Indians, the panel called for urgent collaboration to scale inclusive hiring solutions.
