Sanjana B

Bangalore

Tech Reporter at The Hindu Business Line

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Articles

Milk, Metro ride prices likely to rise as Karnataka tries to balance funding for public schemes amid revenue gaps

Jan 5, 2025 | thehindubusinessline.com | Sanjana B

Karnataka is projected to borrow approximately ₹4,000 crore each week during the fourth quarter of the financial year 2024–2025, totalling ₹48,000 crore over 12 weeks from January to March, according to RBI’s indicative borrowing calendar for states. This was first reported by The Hindu. The borrowing surge comes when the state’s finances are under strain, attributed to mounting expenditure on public schemes and “freebies”.
Indian IT sector poised for steady YoY growth despite Q3FY25 seasonal headwinds

Jan 5, 2025 | thehindubusinessline.com | Sanjana B

Indian IT companies are set to announce their third-quarter earnings for FY25 in January. While H2 is typically ridden with the usual seasonal factors like furloughs, analysts forecast that an improvement in the growth momentum on a YoY basis is likely to continue in Q3. After a decent Q2, seasonal furloughs will weigh on growth for the IT sector in Q3FY25.
Game, set, monetisation

Jan 5, 2025 | thehindubusinessline.com | Sanjana B

More than 500 million Indians are gaming today on devices ranging from personal computers and gaming consoles to mobile phones. Many of them use streaming platforms like Discord, Twitch, and YouTube, where they pit their strengths against fellow players and build a community. The gaming industry is eyeing these community-driven platforms to unlock new opportunities for monetisation, collaboration, and engagement.
Intel spinoff Articul8 eyes $250 million ARR in four years: CEO

Jan 3, 2025 | thehindubusinessline.com | Sanjana B

Intel spin-off enterprise-focused GenAI company Articul8 expects to reach the $250 million ARR mark in four years, outpacing its original expectations, said Arun Karthi Subramaniyan, the company’s founder and CEO. In January 2024, Intel and DigitalBridge Group, a global investment firm, announced the formation of Articul8. “We launched Articul8 as an independent venture-backed start-up last January but were building it in stealth mode inside Intel for about 18 months before.
India emerges as one of the fastest-growing markets for GE HealthCare

Jan 2, 2025 | thehindubusinessline.com | Sanjana B

Girish Raghavan, the CTO of Women’s Health and X-Ray and VP of Engineering, GE HealthCare Technology Centre India, talks about India’s pivotal role in the company’s global operations, its recent commitment of $1 billion to the country and the evolving role of AI in healthcare. GE HealthCare, with a 2023 revenue of $19.6 billion, employs 51,000 people globally. It allocates approximately $1 billion annually toward R&D and product investments and holds 11,000 patents worldwide.
India will soon become 15-20% of GlobalLogic’s business, says CEO Nitesh Banga

Jan 1, 2025 | thehindubusinessline.com | Sanjana B

India will soon become 15 to 20 per cent of GlobalLogic’s business, said Nitesh Banga, the President & CEO of the Hitachi Group company. “APAC is about half of our engineering powerhouse and India is an important part. From a market perspective, North America is about 60 per cent. While Europe is important to us, Asia is improving significantly in terms of our expansion.
Curefoods takes a big bite: acquires Krispy Kreme’s South and West India operations

Dec 31, 2024 | thehindubusinessline.com | Sanjana B

F&B house of brands Curefoods has officially acquired the South & West India operations of Krispy Kreme, the US-headquartered global doughnut and coffee brand from Landmark Group. As part of this deal, Landmark Hospitality Services Limited is also taking a stake in Curefoods India. Krispy Kreme’s South Indian operations were previously managed by Landmark Group, with close to 50 points of access across the country.
Bengaluru’s ICB aims for ₹90 crore revenue next fiscal, targets 70,000 monthly visitors

Dec 31, 2024 | thehindubusinessline.com | Sanjana B

The recently opened Indian Craft Brewery (ICB) is targeting a revenue of ₹90 crore for the next financial year, said co-founder Gopi Chand Cherukuri. ICB is also eyeing to establish outlets in other cities and abroad, he shared. The microbrewery, which opened its doors in December, is a 1,500-seater facility spread over two acres and is located in the business district of Manyata Tech Park in Nagavara. Road map “We are exploring different formats, including a keg system.
Trump backs Musk on H-1B visas, boosting Indian tech hopes: Analysts

Dec 31, 2024 | thehindubusinessline.com | Sanjana B

Industry experts have expressed optimism of easier H1-B processes and higher H1-B quotas working in favour of Indian IT firms following US President-elect Donald Trump’s endorsement of tech magnate Elon Musk’s positive outlook on H-1B or immigration visas for highly skilled workers, calling it a “great programme” on Saturday.
Synaptics to double India headcount, reinforcing R&D expansion

Dec 30, 2024 | thehindubusinessline.com | Sanjana B

US-based semiconductor company Synaptics is focusing on developing its R&D footprint in India, President & CEO Michael Hurlston shared. Over the next three years, the company intends to double its India headcount from 400 to over 800. For the company, whose revenue is around $1 billion, India is its largest site by headcount. While 18 per cent of employees are in the US, the rest 82 per cent are overseas, with India leading the pack. “India is our most important development site today.