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Black Box Ltd Surges 1.9%
Black Box Ltd Surges 1.9%

Business Standard

time28-05-2025

  • Business
  • Business Standard

Black Box Ltd Surges 1.9%

Black Box Ltd has added 23.1% over last one month compared to 6.66% gain in BSE Information Technology index and 1.54% rise in the SENSEX Black Box Ltd gained 1.9% today to trade at Rs 486.35. The BSE Information Technology index is up 0.39% to quote at 37170.83. The index is up 6.66 % over last one month. Among the other constituents of the index, Zensar Technologies Ltd increased 1.54% and R Systems International Ltd added 1.28% on the day. The BSE Information Technology index went up 7.68 % over last one year compared to the 8.36% surge in benchmark SENSEX. Black Box Ltd has added 23.1% over last one month compared to 6.66% gain in BSE Information Technology index and 1.54% rise in the SENSEX. On the BSE, 7875 shares were traded in the counter so far compared with average daily volumes of 42886 shares in the past one month. The stock hit a record high of Rs 715.8 on 09 Dec 2024. The stock hit a 52-week low of Rs 218 on 05 Jun 2024.

R Systems to fund applied AI research with new chair at IIT-Delhi
R Systems to fund applied AI research with new chair at IIT-Delhi

Time of India

time08-05-2025

  • Business
  • Time of India

R Systems to fund applied AI research with new chair at IIT-Delhi

R Systems International Ltd, a Blackstone-backed digital engineering firm, has partnered with Indian Institute of Technology, Delhi to establish a faculty chair focused on applied artificial intelligence for sustainable systems. #Operation Sindoor Live Updates| From Sindoor to showdown? Track Indo-Pak conflict as it unfolds Indian cities that were on Pakistan's radar India hits Lahore's Air Defence Radars in proportionate response Under a memorandum of understanding signed between the two entities on Thursday, R Systems will fund the programme under its corporate social responsibility (CSR) initiative. The programme is designed to boost academic research in using applied AI to solve environmental and sustainability challenges. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0.00% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Professor Hariprasad Kodamana from IIT-Delhi's Department of Chemical Engineering has been named the inaugural chairholder. 'This endeavour presents a significant opportunity to advance research and development in applied AI and sustainability as it leverages the existing knowledge base, fostering academic excellence and ground-breaking research in this domain,' said Preeti Ranjan Panda, dean of corporate relations at IIT-Delhi. 'By driving problem-solving and promoting best practices, the impact will extend beyond academia to the broader engineering community,' Panda said. Live Events R Systems chief executive Nitesh Bansal said the programme aligns with the company's strategy to foster stronger industry-academia linkages. 'This Chair reinforces our commitment by fostering greater innovation, driving impactful research, and setting new benchmarks in the field,' he said. 'Our partnership with a distinguished institution like IIT-Delhi will undoubtedly accelerate these efforts.' Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The endowed chair is part of a growing trend of private-sector support for research roles at India's top institutes, particularly in emerging fields like applied AI and sustainability.

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