Business

Nothing’s India Head Manu Sharma Moves On, Company Says ‘best Of Luck’

New Delhi, Dec 14 : Consumer electronics brand Nothing’s India head Manu Sharma is moving on and will stay with the company till the end of January. In a LinkedIn...

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Lenovo Unveils New Hybrid Cloud Platforms & Services To Accelerate Ai

New Delhi, Dec 14 : Consumer electronics major Lenovo on Thursday announced significant enhancements to its hybrid cloud platform, elevating its capabilities for AI applications.This includes new ThinkAgile hyperconverged solutions...

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Adani Group To Invest Rs 8,700 Crore In Bihar

Patna, Dec 14 : The Adani Group will invest Rs 8,700 crore in Bihar, a senior official of the company said during the Bihar Business Connect-2023, a two-day global investors...

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Change Of Guard: Two Mega Projects In Hyderabad Put On Hold

Hyderabad, Dec 14 : Putting on hold the Hyderabad Airport Metro Rail project and the plans to develop mega township on the land acquired for Pharma City near Hyderabad are...

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Lenovo Invests $1bn To Boost Ai Infrastructure Solutions

New Delhi, Dec 14 : Consumer electronics major Lenovo on Thursday announced that it has invested $1 billion to accelerate artificial intelligence (AI) infrastructure solutions and launched new hybrid cloud...

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Calcutta Hc Rules In Favour Of Harsh Vardhan Lodha Continuing As M.p. Birla Group Chairman

Kolkata, Dec 14 : The Calcutta High Court on Thursday ruled in favour of Harsh Vardhan Lodha as the Chairman of the M.P.Birla Group. A division bench of Chief Justice...

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Rbi Fines Four Banks In Mumbai And Pune

Mumbai, Dec 14 : The RBI has imposed monetary penalties on one bank in Mumbai and three co-operative banks in Pune in separate cases involving the violation of the apex...

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Coal Ministry Hands Over 8 Mines To Successful Bidders

New Delhi, Dec 14 : The Ministry of Coal issued the Vesting Orders for six commercial coal mines and signed agreements for two mines on Thursday. Of these 6 coal...

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X Corp Banned Over 3l Accounts For Policy Violations In India In Nov

New Delhi, Dec 14 : Elon Musk-run X Corp banned a record 3,33,036 accounts in India between October 26 and November 25, mostly for promoting child sexual exploitation and non-consensual...

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India’s Logistics Costs Drop To 8.9% Of Gdp Due To Better Infra

New Delhi, Dec 14 : India’s logistics costs have fallen to 8.9 per cent of gross domestic product (GDP), as better infrastructure created by higher government expenditure on highways, ports...

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Xbox Cloud Gaming Now Available On Meta Quest Vr Headsets

New Delhi, Dec 14 : Microsoft-owned gaming console brand Xbox has announced that its Cloud Gaming service is now available on Meta Quest VR headset devices. “Starting today, Xbox Cloud...

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Tata Technologies Sets Up Innovation Centre In Coimbatore

Chennai, Dec 14 : Product engineering and digital services company Tata Technologies on Thursday said it inaugurated its first innovation centre in Coimbatore. The company said the centre is focused...

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Coal India Emerges Top Psu In E-market Procurement

New Delhi, Dec 14 : The Ministry of Coal, along with its Public Sector Undertakings (PSUs), has reached a record procurement of Rs 34,524 crore through Government e-Marketplace (GeM) exceeding...

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Nifty Hits All-time High As Fed Sounds Dovish

Mumbai, Dec 14 : Thanks to the dovish narrative from the US Fed at the Federal Open Market Committee (FOMC) meeting, the Nifty 50 on Thursday scaled to an all-time...

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Exuberant Markets Touch New High After Dovish Commentary From Us Fed

Mumbai, Dec 14 : The markets continued their exuberance and hit fresh highs on Thursday amid the dovish commentary from the US Federal Reserve, signalling at least three rate cuts...

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Mumbai User Placed Food Orders Worth Rs 42.3l On Swiggy This Year

New Delhi, Dec 14 : Looking back at ‘How India Swiggy’d in 2023’, the online food delivery platform on Thursday revealed that a user from Mumbai alone spent Rs 42.3...

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Homegrown B2b E-commerce Unicorn Udaan Raises $340 Mn

New Delhi, Dec 14 (IANAS) B2B e-commerce platform Udaan on Thursday said that it has raised $340 million (a mix of equity and convertible notes) in a Series E round...

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Essar Signs 3 Mous With Gujarat Govt Worth Rs 55,000 Cr In Energy Transition, Power & Ports Sectors

Ahmedabad, Dec 14 : Essar signed three Memorandums of Understanding (MOUs) with the Government of Gujarat for a total investment of Rs 55,000 crore ahead of the Vibrant Gujarat Global...

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Medical Device Cybersecurity Market To Grow $1.1 Bn By 2027: Study

New Delhi, Dec 14 : The market for cybersecurity in medical devices is expected to grow at a CAGR of 12.2 per cent by 2027 reaching $1.1 billion, according to...

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Exponent Energy Raises $26.4 Mn, To Expand Footprint In 5 New Cities

New Delhi, Dec 14 : Energy-tech startup Exponent Energy on Thursday announced it has raised $26.4 Million in a series B round led by Eight Roads Ventures, including a strategic...

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Lava Launches New Smartphone With 50mp Dual Ai Camera, Punch Hole Display

New Delhi, Dec 14 : Domestic smartphone brand Lava on Thursday launched a new smartphone — Yuva 3 Pro, with a 50MP dual AI rear camera and punch hole display....

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India’s Steel Imports At All-time High

New Delhi, Dec 14 : India’s November steel imports was at an all-time high of 1.2 million tonnes for the data series available since CY06, Elara Securities said in a...

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Fifth Time In Succession, Reliance Industries Emerges As Largest Wealth Creator In 2018-23

New Delhi, Dec 14 : For the fifth time in succession, Reliance Industries has emerged as the largest Wealth Creator over 2018-23.This takes Reliance’s overall No.1 tally to 10 in...

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Wholesale Price Inflation Surges Out Of Negative Zone To Touch 8-month High

New Delhi, Dec 14 : India’s wholesale price inflation surged out of the deflationary zone for the first time since March this year to register a 0.26 per cent increase...

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It, Real Estate Stocks Lead Market Rally

New Delhi, Dec 14 : IT stocks are the biggest gainers in Thursday’s monster rally of more than 800 points after the US Fed gave a dovish message on interest...

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Skill Gap Haunts Enterprises In Apj Region As They Adopt Ai Solutions: Report

New Delhi, Dec 14 : Around 90 per cent of enterprises in the Asia-Pacific and Japan region are prioritising AI solutions to drive data and infrastructure modernisation but are slowed...

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Tesla Recalls Over 2 Mn Cars In Us Over Autopilot Defect

San Francisco, Dec 14 : Elon Musk-run Tesla is recalling more than 2 million vehicles in the US to address a “defect” with Autopilot, the company’s controversial advanced driver-assist system....

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Sensex Zooms Past 70k After Us Fed\'s Dovish Message

New Delhi, Dec 14 : The clear dovish message from the US Federal Reserve has set the stage for a smart Santa Claus rally in the coming days, and this...

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E-commerce Company Etsy Lays Off 225 Employees In Holiday Season

San Francisco, Dec 14 : E-commerce company Etsy is laying off 11 per cent of its workforce in order to restructure its business and streamline costs. Approximately 225 employees will...

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Apple Will Need Court Order From Govts To Give Phone Push Notifications

San Francisco, Dec 14 : Apple will now require law enforcement agencies to obtain a court order before it hands over details of customers’ push notifications. Apple has updated its...

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Up Has New Classification System For Hospitality Industry

Lucknow, Dec 14 : The Uttar Pradesh Tourism Department has launched a new star hotel classification portal to boost the tourism and hospitality industry in the state. Under the new...

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Us Fed Leaves Interest Rates Unchanged As Inflation Cools

Washington, Dec 14 : The US Federal Reserve has left interest rates unchanged at a 22-year high of 5.25 per cent to 5.5 per cent as inflation continued to cool,...

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Gpai Member Countries Adopt New Delhi Declaration On Ai, Its Responsible Use

New Delhi, Dec 13 : The New Delhi declaration of the Global Partnership on Artificial Intelligence (GPAI), unanimously adopted by 28 countries on Wednesday, is focused on harnessing new opportunities...

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Crypto Exchange Htx Loses $258mn In Withdrawals

New Delhi, Dec 13 : Leading crypto exchange HTX has witnessed a net outflow of $258 million after a $30 million hack in November, the media reported. As per DefiLlama...

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Cci Approves Temasek Arm’s Acquisition Of Niva Bupa Shares

New Delhi, Dec 13 : The Competition Commission of India (CCI) has approved subscription to the equity shares of Niva Bupa Health Insurance Company Limited by V-Sciences Investments Pte.Ltd, a...

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Nlc India Enters M-sand Segment, Converting Mine Overburden To Construction Sand

Chennai, Dec 13 : Integrated lignite mining-cum-power generation company NLC India Ltd is entering the manufactured sand (M-Sand) segment as a part of its green initiatives. As per plans, NLC...

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Indian Banks Expanding Overseas Footprint: Rbi Survey

Mumbai, Dec 13 : Indian banks increased their overseas presence through the subsidiaries route and their employee strength rose by 0.5 per cent and 6.2 per cent for foreign branches...

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Blast Partners Nodwin To Enter India, Pak Esports & Gaming Markets

New Delhi, Dec 13 : Esports entertainment company BLAST on Wednesday announced that it has teamed up with South Asia’s leading esports and gaming media company NODWIN Gaming, to launch...

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Adb Raises India’s Gdp Growth Forecast To 6.7%

New Delhi, Dec 13 : Asian Development Bank (ADB) on Wednesday raised its forecast for India’s economic growth rate to 6.7 per cent for 2023-24 from 6.3 per cent that...

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India\'s Inflation Rate 5.6% Higher Than Most Other Nations: Bank Of Baroda

Chennai, Dec 13 : Inflation in India at 5.6 per cent for November is higher than most other nations, the Bank of Baroda said in a report. According to the...

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Zerodha Ceo Nithin Kamath Shares Own Deepfake Video, Warns About Ai Threats

New Delhi, Dec 13 : Zerodha Co-founder and CEO Nithin Kamath on Wednesday posted a video showing his own deepfake which was convincing enough to fool users into believing it...

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42% Indian Firms Aim To Spend Over Rs 50cr On Ai Initiatives In Fy25: Report

New Delhi, Dec 13 : As Indian enterprises are substantially increasing their investments in artificial intelligence (AI), a new report on Wednesday said that about 42 per cent of enterprises...

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Markets Remained Flat For The Past Five Trading Sessions

Mumbai, Dec 13 : The markets remained flattish for the past five trading days despite continued rally in the US. “The markers are struggling to break the 21,000-mark on the...

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Mahindra Lines Up Rs 875cr Investment For Two-wheeler Unit

Mumbai, Dec 13 : Homegrown auto major Mahindra and Mahindra said on Wednesday it will invest Rs 875 crore in its two-wheeler unit, Classic Legends over the next two to...

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Denmark-based Cowi Rolls Out Industry-first Paternity Leave Policy For Its India Arm

New Delhi, Dec 13 : COWI in India, a subsidiary of global engineering and design consultancy COWI A/S with a global turnover of nearly billion dollars, on Wednesday said it...

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Google Maps\' New Timeline Feature Lets You Remember Places You Visited

New Delhi, Dec 13 : Google has introduced a new ‘Timeline’ feature in Maps, which will help you remember places you have visited. Soon, your Timeline will be saved right...

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E-retail Market In India Likely To Cross $160 Bn In Value By 2028: Report

New Delhi, Dec 13 : The e-retail market in India (both offline and online channels) is expected to cross $160 billion in value by 2028, riding on factors like improved...

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Gaming Industry’s Mega Event E3 Now Permanently Cancelled, Say Organisers

New Delhi, Dec 13 : The E3 (Electronic Entertainment Expo) gaming event, once the world’s largest gaming event, has been permanently cancelled after two decades of its glorified run. Industry...

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63% Of Indian Firms To Invest In Automation, Genai In 2024: Report

New Delhi, Dec 13 : About 63 per cent of Indian enterprises are proactively directing investments towards Artificial Intelligence (AI) and Machine Learning (ML) for the automation of their business...

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Itc’s Investor Meet Highlights Growth Imperative

New Delhi, Dec 13 : ITC’s investor meet highlighted growth imperative led by broad based growth across business segments enabled by innovation, efficient and agile supply chain, digital/smart ecosystem and...

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Need To Take Steps On Who’s Warning On Surge Of New-age Gateway Devices Among Children: Health Experts

New Delhi, Dec 13 : Mothers Against Vaping, a united front of concerned mothers combatting the escalating vaping crisis among our youth, on Wednesday, emphasised on the urgent need to...

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Ram, Hanuman Flags In Great Demand Before Consecration Ceremony In Ayodhya

Prayagraj/ Varanasi , Dec 13 : With exactly a month left before rituals in the consecration ceremony of Ram temple in Ayodhya begin, the demand for Shri Ram and Hanuman...

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Meta Expanding Fact-checking To Threads Ahead Of Us, India Elections

New Delhi, Dec 13 : Meta is expanding its fact-checking programme to Threads platform, as the US and India gear up for general elections next year. Instagram head Adam Mosseri...

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Iqoo Launches New Smartphone With Snapdragon 8 Gen 3 Chip In India

New Delhi, Dec 13 : Technology brand iQOO has launched a new smartphone — iQOO 12, with Snapdragon 8 Gen 3 chipset in India. Priced at Rs 52,999 (effective price:...

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Mutual Funds Increase Weightage In Healthcare, Real Estate Sectors

New Delhi, Dec 13 : Among the Nifty midcap-100 stocks, mutual funds were net buyers in 64 per cent of the stocks.The highest month on month net buying in Nov’23...

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Fashion-tech Platform Lehlah Unveils Its Latest Campaign Featuring Athiya Shetty

Mumbai, Dec 13 : LehLah, a pioneering tech platform reshaping the online shopping experience, has proudly announced the launch of its first video campaign featuring talented Bollywood actress and fashion...

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Sensex Down More Than 200 Points As It Heavyweights Lag

New Delhi, Dec 13 : BSE Sensex is down 249 points on Wednesday morning trade as IT stocks face selling pressure. BSE Sensex is trading at 69,301 points with Infosys,...

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Serious Need To Bridge Huge Talent Deficit In The Field Of Ai: Mos It

New Delhi, Dec 13 : There is a serious need for the tech industry and academic institutions to work along with the governments globally in shaping the future pipeline of...

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Us Rejects $900 Mn In Subsidy For Musk’s Cheaper Internet Service Starlink

Washington, Dec 13 : The Federal Communications Commission (FCC) in the US has announced not to award Elon Musk’s Starlink nearly $900 million subsidy for expanding broadband service in rural...

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Musk’s X Sees Ad Share Nosediving, To Generate Half A Billion Less This Year

San Francisco, Dec 13 : The X platform under Elon Musk has seen its ad share nosediving, and the company may generate $2.5 billion this year, missing the internal targets...

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Adar Poonawalla Reaches Deal For London’s Most Expensive Home Sale Of The Year

London, Dec 13 : India’s billionaire “vaccine prince” Adar Poonawalla has reached a deal for London’s most expensive home sale of the year, agreeing to pay about 138 mn pound...

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Meghalaya Exports 20 Metric Tons Of Khasi Mandarin To Dubai

Shillong, Dec 13 : Meghalaya has exported 20 metric tons of Khasi Mandarin to Dubai, officials said on Tuesday. State Agriculture Minister Ampareen Lyngdoh said that at one point of...

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Scindia Meets Meets Representatives From The Airline Industry, Urges Reasonable Fare On Routes

New Delhi, Dec 12 : Union Civil Aviation Minister Jyotiraditya M.Scindia on Tuesday chaired a pivotal Advisory Group meeting with key representatives from the airline industry to address critical issues...

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Cooling Inflation In Us Might Enable Fed To Pause Any Further Rate Hike

Washington, Dec 12 : Inflation in the US is slowing down to 3.1 per cent, the lowest in two years, signalling continued moderation of consumer price increases.That’s a bit slower...

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Nhai Inks Pact For Rs 673 Crore Multi-modal Logistics Park In Nagpur

New Delhi, Dec 12 : The NHAI has signed an agreement with DC Multi-Modal Park (Nagpur) Ltd, a special purpose vehicle of DeltaBulk Shipping India Pvt Ltd, for the development...

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Kerala Petroleum Dealers Decide Not To Supply Fuel To Govt Vehicles On Credit Till Dues Cleared

Thiruvananthapuram, Dec 12 : With the Kerala government’s dues to various petroleum dealers mounting as its financial position in dire straits, the dealers have decided that from January 1, no...

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India\'s Industrial Growth Surges To 16-month High Of 11.7% In October (lead)

New Delhi, Dec 12 : The growth rate of India’s industrial output shot up to a 16-month high of 11.7 per cent in October, compared to the same month of...

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India\'s Industrial Growth Surges To 16-month High Of 11.7% In October

New Delhi, Dec 12 : The growth rate of India’s industrial output shot up to a 16-month high of 11.7 per cent in October, compared to the same month of...

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Ashneer Alleges Oppression, Mismanagement At Bharatpe, Moves Nclt Against Firm

New Delhi, Dec 12 : Ashneer Grover, former co-founder and managing director of BharatPe, has moved the National Company Law Tribunal (NCLT) in the Capital against the fintech major, alleging...

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India’s Industrial Growth Surges To 16-month High Of 11.7% In Oct

New Delhi, Dec 12 : The growth rate of India’s industrial output shot up to a 16-month high of 11.7 per cent in October compared to the same month of...

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Global Ai Conclave: India Calls For Building Responsible, Safe Ai

New Delhi, Dec 12 : The Global Partnership on Artificial Intelligence (GPAI) will ensure that AI becomes a kinetic enabler for millions of people with clear and accountable guardrails, the...

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60% Of Indian Shoppers Leave App Mid-way If It Buffers Over 10 Seconds: Report

New Delhi, Dec 12 : As attention spans continue to drop and app marketplaces become more crowded, a new report on Tuesday revealed that 60 per cent of Indian online...

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India\'s Retail Inflation Rises To 5.55% In November

New Delhi, Dec 12 : India’s retail inflation increased to 5.55 per cent in November after having slowed to a four-month low of 4.87 per cent in October, with higher...

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Indian Consumertech Industry Likely To Reach $300 Bn By 2027: Report

Bengaluru, Dec 12 : Driven by an urge for personalised experiences among people, the Indian consumertech industry is likely to reach $300 billion by 2027, growing at a CAGR of...

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Realty, Energy Indices Fall The Most As Nifty Ends Lower Ahead Of Inflation Data

New Delhi, Dec 12 : Nifty closed on a negative note on Tuesday while majority of the sectoral indices also closed in the red. At close on Tuesday, Nifty50 slumped...

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Zf To Make Transmissions For Off-highway Vehicles At Coimbatore Plant

Chennai, Dec 12 : Automotive component major ZF group will make transmissions for off-highway vehicles at its new Coimbatore plant for domestic and export markets, a top company official said....

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Small And Midcap Indices Trading Above Long-term Averages

Mumbai, Dec 12 : The Nifty midcap and smallcap indices, with robust rallies of 42 per cent and 49 per cent on a YTD basis, respectively, now carry a 25...

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Amazon\'s Genai \'review Highlights\' Lets Users Make Informed Purchase Decisions

New Delhi, Dec 12 : Amazon on Tuesday launched a new feature — AI-generated Review Highlights, that provides a short paragraph right on the product detail page highlighting the product...

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Adani Ports To Raise Rs 5,000 Crore Via Non-convertible Debentures

Mumbai, Dec 13 : Adani Ports and Special Economic Zone said on Tuesday that it will raise Rs 5000 crore by issuing non-convertible debentures and another Rs 250 crore through...

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Reliance Capital\'s Rs 9861cr Resolution Plan Awaits Final Nclt Approval

Mumbai, Dec 12 : IIHL, a Hinduja Group company and the successful resolution applicant, is facing obstacles in progressing its Rs 9,861 crore Resolution Plan for Reliance Capital Ltd.due to...

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Volkswagen To Hike Car Prices From Jan

Mumbai, Dec 12 : Volkswagen Passenger Cars India on Tuesday announced plans to hike car prices by up to 2 per cent across its model range owing to rising input...

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Global Display Market Forecast To Grow 5.4% In 2024

Seoul, Dec 12 : The world display market is expected to expand more than 5 per cent in 2024 thanks to the growing use of premium organic light-emitting diode panels...

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Spicejet Board Okays Rs 2,250 Crore Capital Infusion

New Delhi, Dec 12 : The Board of Directors of SpiceJet approved the raising of fresh capital of over Rs 2,250 crore through the issuance of equity shares to Financial...

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Swiggy Disbursed Rs 102 Cr In Loans To Delivery Partners In Last 12 Months

New Delhi, Dec 12 : Online food delivery platform Swiggy on Tuesday said that in the last 12 months, it has facilitated the disbursement of loans worth Rs 102 crore,...

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Omidyar Network India To Wind Up Operations, Stops Making New Investments

New Delhi, Dec 12 : Investment firm Omidyar Network India has announced to transition out of the India market by the end of 2024, and will stop making new investments....

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Globesecure Technologies Limited Receives Work Order Worth Rs 80 Crore

New Delhi, Dec 12 : Globesecure Technologies Limited, a NSE SME listed firm into cyber security solutions, has received work order from Bharat Sanchar Nigam Limited (BSNL) for providing last...

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Corning Picks Tn Over Telangana To Set Up Rs 1,000 Cr Smartphone Glass Factory

New Delhi, Dec 12 : With the government change in Telangana came the news that US-based Corning Inc, the key Apple supplier, has reportedly picked Tamil Nadu over Telangana to...

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Allen Appoints Ex-apple Marcom Exec Apoorv Sharma As Chief Marketing Officer

New Delhi, Dec 12 : Allen Career Institute on Tuesday announced the appointment of former Apple Marcom executive Apoorv Sharma as its Chief Marketing Officer (CMO). At Apple, Sharma was...

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Shiprocket Aims To Raise $75-$100 Mn Led By Tribe Capital: Report

New Delhi, Dec 12 : Homegrown logistics solution provider Shiprocket is reportedly in talks with top VC firms for a fund-raise upto $75-100 million, led by US-based investment firm Tribe...

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India’s Dpi Empowers 97% Of Population, Expands Beyond Aadhaar, Upi: Report

Bengaluru, Dec 12 : India’s current digital public infrastructure (DPI) landscape has provided 97 per cent of the population with a digital ID, facilitated direct benefit transfer (DBT) to the...

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Aviation Industry Sees Incremental Growth In Nov, Faces Engine Woes: Icra Report

New Delhi, Dec 12 : The aviation industry in India saw a modest uptick in domestic passenger traffic for November, according to a report released by the credit rating agency...

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Hospitality Major Oyo Elevates Rakesh Kumar As Cfo

New Delhi, Dec 12 : Global hospitality major OYO on Tuesday announced the elevation of Rakesh Kumar as Chief Financial Officer (CFO), effective from January 1. Abhishek Gupta, the current...

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Market Rangebound As It Awaits Us Inflation Data

New Delhi, Dec 12 : The market will be keenly watching the inflation print from the US on Tuesday night and the Federal Reserve’s message on Wednesday, says V.K.Vijayakumar, Chief...

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Pay $50k If You Sell Cybertruck In 1st Year: Tesla Again Threatens Owners

San Francisco, Dec 12 : Elon Musk-run Tesla has once again threatened to sue owners of its newly-launched Cybertruck for $50,000 if they try to sell the vehicle within the...

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Sports Illustrated Ceo Sacked Over Ai Scandal, Manoj Bhargava New Interim Head

San Francisco, Dec 12 : The publisher of Sports Illustrated has sacked the magazine’s CEO Ross Levinsohn, after the magazine published articles with bylined non-existent writers and AI-generated profile pictures....

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Blackberry Appoints New Ceo, Separates Iot & Cybersecurity Biz

Toronto, Dec 12 : BlackBerry has announced the appointment of John J Giamatteo as its new Chief Executive Officer and as a member of its Board of Directors, effective immediately....

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Up To Create Land Banks In All 75 Districts

Lucknow, Dec 12 : The Uttar Pradesh Industries and Infrastructure Department will create land banks in all the 75 districts of the state. The state government has directed District Magistrates...

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Gadkari To Inaugurate South Asia\'s Largest Construction Equipment Trade Fair Cii Excon 2023

Bengaluru, Dec 11 : Union Minister for Road Transport and Highways Nitin Gadkari will inaugurate CII EXCON — South Asia’s Largest Construction Equipment Trade Fair on Tuesday at the Bangalore...

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Indian Biotechnology Industry Set To Reach $300 Billion By 2030: Mandaviya

Ahmedabad, Dec 11 : India’s biotechnology industry, poised to become the cornerstone of health treatment, has experienced eightfold growth in the past eight years, Union Health Minister Mansukh Mandaviya said...

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34 Ftos Operating Across The Country, No Shortage Of Pilots: Mos Civil Aviation

New Delhi, Dec 11 : There are 34 Flying Training Organisations (FTOs), operating at 55 bases in the country, to impart flying training to cadets, the Parliament was told on...

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Mumbai Airport Notches Highest-ever November Passenger Traffic

Mumbai, Dec 11 : The Chhatrapati Shivaji Maharaj International Airport (CSMIA) here notched the highest passenger traffic of 4.46 million in November, besides maximum passenger movement and flights, officials said...

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Significant Shortage, Gender Gap In Green Skills Worldwide: Linkedin Report

New Delhi, Dec 11 : Globally only one in eight workers has one or more green skills, according to a new report by professional social networking platform LinkedIn. LinkedIn’s annual...

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Govt Plans To Ramp Up Coal Production To 1.5bn Tonnes By 2029-30

New Delhi, Dec 11 : There are plans to enhance the production of coal in the country to 1.5 billion tonnes by 2029-30 to meet the growing demand for the...

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Ola Electric Aims To Raise Nearly Rs 5,800 Cr Via Ipo, To File Drhp

New Delhi, Dec 11 : Homegrown electric two-wheeler manufacturer Ola Electric aims to raise nearly Rs 5,800 crore through an Initial Public Offering (IPO) and is set to file its...

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Panasonic Introduces Matter-enabled Air Conditioners In India

New Delhi, Dec 11 : Panasonic Life Solutions India on Monday introduced India’s first Matter-enabled Room Air Conditioners (RACs) powered by Miraie. Matter is an open-source connectivity standard that enables...

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Whatsapp Rolling Out Pin Messages, Check Connection Health Features On Ios

New Delhi, Dec 11 : Meta-owned WhatsApp is rolling out new features — pin messages and check connection health for video calls to users on iOS. According to the official...

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Ruckus Over St Co-operative Bank In Maharashtra Legislative Council

Nagpur, Dec 11 : The Maharashtra Legislative Council on Monday witnessed ruckus over the “inaction” against directors of ST Co-operative Bank, led by Gunaratna Sadavarte, which is reportedly on verge...

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Online Furniture Brand Pepperfry Registers Rs 188 Cr Losses In Fy23

New Delhi, Dec 11 : Online furniture brand Pepperfry registered Rs 188 crore in losses in FY23, down just 3 per cent from Rs 194 crore losses in FY22. Pepperfry...

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Genai Startups Defy Funding Winter, Raise Record $10 Bn In 2023

New Delhi, Dec 11 : Generative AI (GenAI) startups raised $10 billion in venture capital globally in 2023, a huge 110 per cent rise compared to 2021, a new report...

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Sensex Closes 103 Points Higher After Retreating From 70,000 Record High

Mumbai, Dec 11 : The BSE 30-stock benchmark Sensex hit a lifetime high, surging past the 70,000 mark in morning trade on Monday but then lost ground to settle at...

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Tata Power, Indian Oil Ink Pact To Set Up 500 Charging Points For Evs

New Delhi, Dec 11 : Tata Power and Indian Oil Corporation Limited (IOCL) have signed a Memorandum of Understanding (MoU) to roll out over 500 electric vehicle (EV) charging points...

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Tiktok To Invest $1.5 Bn In Goto’s Indonesia E-commerce Biz

Jakarta, Dec 11 : Chinese short-video making platform TikTok on Monday committed to invest $1.5 billion in Indonesian firm GoTo’s e-commerce unit Tokopedia to drive long-term growth for MSME sector...

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Aws India\'s Interim Head Vaishali Kasture Quits, 2nd Top Exec To Leave This Year

New Delhi, Dec 11 : Amazon Web Services (AWS) India and South Asia’s interim country head for commercial business, Vaishali Kasture, has quit the company, the media report said on...

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Consumer Confidence Stays Stable In Rbi Survey Across 19 Major Cities

Mumbai, Dec 11 : Consumer confidence in the country for the current period remained stable as higher pessimism on the current general economic situation and employment was counterbalanced by a...

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More Households Expect Higher Inflation Ahead: Rbi Survey

Mumbai, Dec 11 : A larger share of households in the country expect higher inflation for both three months and one year periods going ahead, according to the Reserve Bank...

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Hiring For Blue-collar Workforce In India Up 7.4% In 2023

New Delhi, Dec 11 : The blue-collar workforce in India saw a rise of 7.4 per cent in hiring in 2023 and logistics, construction and real estate, tourism and hospitality...

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Hybrid Cloud Approach Key To Unlock Genai Potential: Report

Bengaluru, Dec 11 : About 64 per cent of hybrid cloud users in India now have a formal, organisation-wide policy and approach for the use of Generative AI (GenAI), a...

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Rbi Issues Warning On Ads Offering Loan Waivers

Mumbai, Dec 11 : The Reserve Bank of India (RBI) on Monday issued a warning on misleading advertisements enticing borrowers by offering loan waivers. There are reports of such entities...

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Sensex Smashes Past Historic 70,000 Mark In Morning Trade

Mumbai, Dec 11 : The Sensex smashed past the 70,000 mark for the fast time ever to scale a historic high, while the Nifty 50 zoomed to a record 21,019.80...

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S.korea To Boost Chip Cooperation With Netherlands, Us, Japan

Seoul, Dec 10 : President Yoon Suk Yeol said South Korea plans to “significantly” strengthen semiconductor cooperation with the Netherlands, the United States and Japan, a news report said on...

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India\'s Air Passenger Traffic To Be 42 Crore By 2030: Scindia

Rajahmundry (Andhra Pradesh), Dec 10 : India’s air passenger traffic will triple to 42 crore by 2030, Civil Aviation Minister Jyotiraditya Scindia said here on Sunday. “The air passenger traffic,...

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Us Fed, Ecb, Bank Of England Poised To Keep Interest Rates On Hold

London, Dec 10 : The Western world’s largest central banks are poised to keep interest rates on hold this week amid concerns over stubbornly high inflation, despite growing expectations for...

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Pakistan Stock Market Soars To All-time High

Karachi, Dec 10 : The Pakistan Stock Exchange (PSX) wrapped up the trading week on a historic note as the benchmark KSE-100 index soared to an unprecedented all-time high above...

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Expect Consolidation Post Sharp Rally

New Delhi, Dec 10 : The week post-election results have pushed the markets into a new orbit.The resistance around the highs made on September 15 were broken and overcome in...

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Investors To Focus On Inflation Data From India, Us

New Delhi, Dec 10 : In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US, says Vinod Nair, Head of...

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Startup Funding: India Slips To 4th Spot In Global Ranking After Dismal 2023

New Delhi, Dec 10 : Making a dent in India’s startup growth story, the country slipped to fourth position in the global ranking among the highest-funded geographies in 2023, as...

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Amazon Competitor Zulily Curtails Operations, Lays Off Hundreds

San Francisco, Dec 10 : Amazon competition Zulily, which was once valued at $7 billion, is laying off hundreds of employees in the US while shutting down operations, according to...

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Hyundai, Kia\'s Combined Exports Set To Hit 2 Mn In 2023

Seoul, Dec 10 : Hyundai Motor, South Korea’s top carmaker, and its sister company, Kia, are set to post combined exports of 2 million units in 2023, data showed on...

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Uk Regulator Looks Into Microsoft’s Partnership With Openai

London, Dec 10 : The UK’s competition regulator will look into the partnership between Microsoft and OpenAI, the developer of ChatGPT, including recent developments, to understand the impact the merger...

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Investors Can Expect Good Times To Continue, More Milestones To Be Crossed

Mumbai, Dec 10 : Markets are on cloud 9 and all it took was the ruling party at the Centre to win the three state elections in the Hindi heartland.Rajasthan,...

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Nifty Could See Correction In Dec Second Half When Fpis Go On Vacation

New Delhi, Dec 10 : Nifty could remain buoyant aided by resumption of FPI flows, however, the second half of December could see some correction/consolidation as FPIs go away on...

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For Equity Markets, Rbi\'s Measure Against Personal Loans Is Problematic

New Delhi, Dec 10 : What’s worrying from the stock market’s perspective is that the Reserve Bank of India (RBI) is taking more direct steps to rein in debt-fueled consumption,...

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Breaking Down The Confluence Of Factors Driving Bull Rally In Indian Bourses

Chennai, Dec 10 : The two Indian stock markets – BSE and NSE- are witnessing a bull rally on the back of positive economic and political factors, said industry experts...

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Bull Run In Indian Bourses Likely To Continue Subject To Short-term Volatility

Chennai, Dec 10 : The Indian bourses have been seeing a bull rally in recent times with the indices touching new peaks. The uptrend is expected to continue in the...

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Research Shows 8x Higher Risk Of Capital Loss In Broader Smallcap Universe

New Delhi, Dec 10 : Research by DSP Mutual Fund shows an 8X higher risk of capital loss in the broader smallcap universe. Smaller firms can present a greater risk...

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Gujarat Gears Up For Vibrant Gujarat 2024

Gandhinagar, Dec 10 : The 10th Vibrant Gujarat Global Summit 2024, scheduled for the first half of 2024, will kick off with a pre-event event on December 12, at the...

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Nclat Gives Ntpc Breather On Cci Penalty

New Delhi, Dec 9 : The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order imposing Rs 40 lakh penalty on government-owned power giant NTPC for not disclosing...

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Bhupender Yadav, John Kerry Hold Talks On Us-india Collaboration For Financing E-buses

Dubai, Dec 9 : Union Minister for Environment, Forest and Climate Change Bhupender Yadav and US Special Presidential Envoy for Climate, John Kerry on Saturday discussed the US-India collaboration to...

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Fpis Have Turned Buyers In Leading Banks

New Delhi, Dec 9 : FPIs have made a major comeback to India in December. Even though FPIs made an investment of Rs 9,000 crore in India in November, they...

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Digital Public Infrastructure Driving Growth Of Indian Startups: Industry Leaders

New Delhi, Dec 9 : The development of digital public infrastructure (DPI) in India in the last decade has steered the growth of startups in the country, industry leaders said...

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Sri Lanka Records $1.8 Bn Tourism Revenue Till Nov

Colombo, Dec 9 : Sri Lanka recorded $1.8 billion tourism revenue till November this year, 78.3 per cent up from the corresponding period previous year, as per Central Bank of...

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Govt To Make Gift City Global Hub Of New Age Finance & Tech Services: Pm Modi

New Delhi, Dec 9 : Prime Minister Narendra Modi on Saturday said the government wants to take GIFT IFSCA beyond traditional finance and ventures and make it the global nerve...

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(markets Package) Time For Investors To Bank On A Couple Of Psu And Private Banks (ians Opinion)

New Delhi, Dec 9 : The Indian banking system consists of 12 public sector banks, 22 in the private sector, apart from foreign and cooperative banks.Over the last one year-to-date...

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Amazon Sues Scammers For Stealing Millions Of Dollars Via Fake Returns

San Francisco, Dec 9 : Amazon has sued an enterprising group called REKK, which is responsible for stealing millions of dollars of products from Amazon’s online stores through systematic refund...

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Openai Working With Ex-twitter India Head To Navigate Ai Landscape: Report

New Delhi, Dec 9 : Sam Altman’s OpenAI is reportedly working with ex-Twitter India head Rishi Jaitly to help the ChatGPT developer understand the Indian policies and regulations around AI...

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Zerodha Founders Kamath Brothers\' Compensation Touched Rs 200 Cr In Fy23

New Delhi, Dec 9 : Nithin and Nikhil Kamath, founders of online brokerage platform Zerodha, collectively withdrew Rs 195.4 crore as compensation in fiscal 2022-23 (FY23). According to a report...

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Dual Investor Interest Surfaces In Spicejet; Equity Infusion Up To Rs 1,500cr Anticipated

New Delhi, Dec 8 : In what looks like a significant development for SpiceJet, two major investors have expressed interest in injecting equity into the airline, sources in the know...

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India\'s Forex Reserves Rise To 4-month High

Mumbai, Dec 8 : India’s foreign exchange reserves rose to an over four-month high of $604.04 billion as of December 1, according to the latest data released by the RBI...

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Bharat Petroleum, Tatas Sign Pact To Set Up 7k Charging Points For Evs

New Delhi, Dec 8 : Bharat Petroleum Corporation Limited (BPCL) and Tata Passenger Electric Mobility Limited (TPEM) have signed an MoU for a collaboration to set up 7,000 charging points...

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Govt Bans Onion Exports To Keep Prices In Check

New Delhi, Dec 8 : The government has banned exports of onion till March next year in order to increase domestic availability so that prices do not spin out of...

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Small And Midcap Stocks At Historical Peak Valuations Versus Nifty

Mumbai, Dec 8 : Small and midcap (SMID) stocks have outperformed Nifty over the last 11 months.The outperformance versus Nifty is about to hit the cyclical historical peaks, DSP Mutual...

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Google Rolls Out \'migration\' Tool Ahead Of Its Podcasts\' Shutdown In April 2024

San Francisco, Dec 8 : Ahead of the discontinuation of Google Podcasts in the US as early as April 2024, the tech giant has rolled out a new tool that...

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Tata Plans To Build New Iphone Factory In Tamil Nadu, Hire 50k Workers: Report

New Delhi, Dec 8 : The Tata Group is planning to build one of India’s largest iPhone assembly plants in Tamil Nadu’s Hosur, media reports said on Friday. According to...

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Nifty Logs Longest Weekly Gaining Streak In 3 Years

Mumbai, Dec 8 : Nifty rose for the sixth straight week on Friday, up 3.46 per cent – the largest gain since July 2022.In the process, Nifty logged the longest...

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Wipro\'s Chief Growth Officer Stephanie Trautman Steps Down

New Delhi, Dec 8 : IT major Wipro on Friday announced that its Chief Growth Officer Stephanie Trautman will step down from her role, effective December 31. Based in the...

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Infra Projects Worth Rs 15k Cr Taken Up At High-level Meet Under Pm Gati Shakti

New Delhi, Dec 8 : A high-level Network Planning Group (NPG) meeting under PM Gati Shakti national master plan took up four infrastructure projects worth Rs 15,000 crore for discussion...

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Monetary Policy Review Dec 2023: No Action, None Needed

New Delhi, Dec 8 : The Monetary Policy Review (MPC) kept repo rate and stance unchanged in the policy review as was widely expected.Unlike recent previous policy reviews, and much...

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No Action, None Needed: Monetary Policy Review Dec 2023

New Delhi, Dec 8 : The Monetary Policy Review (MPC) kept repo rate and stance unchanged in the policy review as was widely expected.Unlike recent previous policy reviews, and much...

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Amazon Testing $9.99 Monthly Grocery Subscription For Prime Members

San Francisco, Dec 8 : Amazon has announced that it’s testing a new subscription model for unlimited grocery delivery for Prime members in three cities of the US. For an...

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Pm Modi Throws Open Uttarakhand Global Investors Summit

New Delhi, Dec 8 : Prime Minister Narendra Modi on Friday inaugurated ‘Uttarakhand Global Investors Summit 2023’ being held at Forest Research Institute in Dehradun. Addressing the gathering which included...

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Global Investors, Central Bank Heads, Regulators Express Confidence In India’s Growth Story: Rbi Governor

Chennai, Dec 8 : Global investors and Governors of various central banks and other regulators are showing greater confidence in the potential of Indian economic growth and the country’s capacity...

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India Tech Startups See Lowest Funding In 5 Years, Just 2 Unicorns In 2023

Bengaluru, Dec 8 : Funding in India’s tech startup ecosystem in 2023 has been the lowest in the last five years, dropping India’s global ranking from 4th to 5th place,...

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Over 10 Mn People Signed Up For X In Dec: Ceo Linda Yaccarino

San Francisco, Dec 8 : Elon Musk-run X CEO Linda Yaccarino has said that over 10 million people have signed up for X so far in December. “More than 10...

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Apple Gears Up To Manufacture Over 50 Mn Iphones A Year In India: Report

New Delhi, Dec 8 : Apple is aiming to manufacture more than 50 million iPhones in India per year, as it aims to shift some of the production out from...

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Rbi Retains Repo Rate At 6.5%, Tone Less Hawkish (2nd Ld)

Chennai, Dec 8 : As predicted by economists, the Reserve Bank of India’s Monetary Policy Committee (MPC) did not change the repo rate from 6.5 per cent. Announcing the decision...

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Zomato Sees Rs 1,125 Cr Worth Shares Deal, Softbank Likely Seller

New Delhi, Dec 8 : Shares worth $135 million (nearly Rs 1,125 crore) in food delivery platform Zomato exchanged hands via a block deal on Friday, with Japanese investment giant...

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Valuations Of Two Wheeler Listed Companies Remain Expensive, Says Brokerage

New Delhi, Dec 8 : Domestic two wheeler companies valuations trade significantly above the long-term average multiples, says a report by Kotak Institutional Equities. “Hero MotoCorp, Bajaj Auto and TVS...

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Rbi To Come Out With Regulatory Framework For Web-aggregators Of Loan Products

Chennai, Dec 8 : The Reserve Bank of India (RBI) will soon lay down the regulatory framework for web-aggregation of loan products since the customers are being harmed now, said...

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Rbi Hikes Limits For Upi Payments & E-mandates, To Set Up Cloud Facility, Fintech Repository

Chennai, Dec 8 : Enhancing the payment limits for Unified Payments Interface (UPI), electronic mandates, setting up of cloud facilities, the financial sector and fintech repository were some of the...

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Top Uk Mobile Firms Face 3 Bn Pounds Claim For Overcharging Customers

London, Dec 8 : Consumer rights champion Justin Gutmann on Friday said that he, along with law firm Charles Lyndon, have filed a class-action proceedings against Vodafone, EE, Three and...

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Nifty Crosses 21000 Mark, At New All-time High

New Delhi, Dec 8 : The Nifty reached a new all-time high as the RBI Governor announced the monetary policy, surpassing the 21,000 mark, says Rupak De, Senior Technical analyst...

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Fire Disney Ceo Bob Iger Immediately, Says Musk

San Francisco, Dec 8 : An angry Elon Musk has said that Disney CEO Bob Iger should be fired immediately, after the entertainment giant pulled advertisements from X as its...

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Market To Remain In A Range

New Delhi, Dec 8 : The market is likely to remain in a range in the near-term.A consolidation around the present levels is likely before the next phase of the...

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India Poised To Become $30 Tn Economy By 2047: Piyush Goyal

New Delhi, Dec 8 : Commerce and Industry Minister Piyush Goyal on Friday said that India was poised to become a $30 trillion economy by 2047 with the collective efforts...

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Is Google\'s Gemini Ai Demo Video On Youtube Fake?

San Francisco, Dec 8 : Google launched its new AI model called Gemini with much fanfare but a company video titled “Hands-on with Gemini: Interacting with multimodal AI” which hit...

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X Rolls Out Access To Grok Ai Chatbot To Premium+ Subscribers

New Delhi, Dec 8 : Elon Musk’s X on Friday rolled out access to its Grok AI chatbot to the Premium+ subscribers in the US.Grok is a ChatGPT competitor developed...

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Seized Spicejet Aircraft Released After Dubai Court Decision

New Delhi, Dec 8 : SpiceJet flight carrying passengers from Ahmedabad to Dubai, which was diverted minutes before landing, and seized by a lessor recently has been released after Dubai...

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Mega Bitcoin Rally Helps Other Crypto Tokens Reach New Highs

New Delhi, Dec 8 : The impressive rally of Bitcoin, which now aims to hit $50,000 per coin, has helped other cryptocurrencies like Ethereum and Solana reach new highs.Ethereum (ETH)...

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Rbi Retains Repo Rate At 6.5%, Gdp Growth At 7%, Inflation At 5.4% (ld)

Chennai, Dec 8 : As predicted by economists, the Reserve Bank of India’s Monetary Policy Committee (MPC) did not change the repo rate from 6.5 per cent. Announcing the decision...

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Rbi Retains Repo Rate At 6.5%

Chennai, Dec 8 : As predicted by economists, the Reserve Bank of India’s Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent. Announcing the decision...

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Spotify Cfo Paul Vogel Leaving The Company After Mass Layoffs

San Francisco, Dec 8 : Music streaming platform Spotify’s chief financial officer (CFO) Paul Vogel is leaving the company after massive layoffs this week and according to Spotify CEO Daniel...

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Iba Inks Agreement With Unions; Bank Staff Pay To Increase By 17%

Chennai, Dec 8 : For the employees of public sector banks (PSBs), 2023 ends on a happy note as the Indian Banks’ Association (IBA) on Thursday inked a 17 per...

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India Inc Needs To Invest More Instead Of Sitting On Funds: Cea Nageswaran

New Delhi, Dec 7 : India’s corporate sector needs to invest more to make a comeback for rebalancing the country’s economy towards investment and manufacturing, the government’s Chief Economic Advisor...

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First Charter Flight From Uzbekistan Lands In Goa

Panaji, Dec 7 : The first charter flight from Uzbekistan landed at Mopa airport in Goa on Thursday. On the arrival of Centrum Air Q6 5545 flight, Minister for Tourism,...

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Us Retail Investors Are Sitting Out Latest Stocks Rally

New York, Dec 7 : The S&P 500 index in November notched its best monthly performance this year, snapping a three-month streak of steep losses as Wall Street became optimistic...

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Us Pharma Start-up To Manufacture Artificial Retina In Space

New York, Dec 7 : In a bid to find cure for blindness on Earth, a US-based pharma start-up aims to leverage microgravity on Low Earth Orbit (LEO) to manufacture...

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Sat Sets Aside Sebi Order Restraining Iifl Securities From Taking New Clients

New Delhi, Dec 7 : The Securities Appellate Tribunal (SAT) has set aside the Securities Exchange Board of India (SEBI)’s order restraining IIFL Securities from taking new clients for a...

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Softbank May Sell Zomato Shares Worth Rs 1,125 Cr: Report

New Delhi, Dec 7 : Japanese investment giant SoftBank is likely to sell shares of online food delivery platform Zomato worth $135 million (about Rs 1,125.5 crore) via a block...

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Steve Jobs\' Written $4 Check In 1976 Sold For Over $36k At Auction

New Delhi, Dec 7 : A $4 check written by Apple co-founder Steve Jobs to electronics retailer Radio Shack in 1976 has been auctioned for $36,850 at the US-based RR...

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India’s Ev Market Can Touch $100 Bn Revenue By 2030 If Key Issues Addressed: Report

New Delhi, Dec 7 : India’s electric vehicle (EV) market has the potential to achieve over 40 per cent penetration with $100 billion revenue by 2030, a substantial increase from...

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2 Indian Women-led Ai Startups Receive Cash Grant, Mentorship Support From Google

New Delhi, Dec 7 : Two women founders from India, whose AI-focused startups are aiming to help businesses address some of the key challenges, on Thursday received equity-free cash award...

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Indian Non-life Insurers Log 7.37% Growth In Nov, Psus Negative Growth

Chennai, Dec 7 : The Indian non-life insurance industry, including standalone health and specialised insurers, closed November 2023 with 7.37 per cent premium growth over the corresponding period last year....

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Markets Take A Breather Before Rbi Policy Announcement

New Delhi, Dec 7 : After a flat opening Nifty traded volatile on the weekly expiry and ended the session at 20,901.15 levels. On the other hand Bank Nifty took...

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Microsoft India Announces Hike Of 6% On Business Software From Feb 1

New Delhi, Dec 7 : Microsoft India has announced a 6 per cent price hike for its commercial on-premises software and online services, which include Microsoft 365 and Dynamics 365,...

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Govt Bars Sugar Mills From Using Sugarcane For Ethanol Production

New Delhi, Dec 7 : The Central government on Thursday directed sugar mills to not use sugarcane juice for producing ethanol in 2023-2024 as it is worried that the country’s...

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Sk Hynix Sets Up New Unit In Charge Of Ai Chip Business

Seoul, Dec 7 : SK hynix, the world’s second-largest maker of memory chips, said on Thursday it has set up a new unit charged with the artificial intelligence (AI) semiconductor-related...

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Awg Downgrades India Again As Lessors Fail To Get Back Planes From Go First

New Delhi, Dec 7 : Global watchdog group Aviation Working Group (AWG) downgraded India to “negative” from “positive” on Thursday as foreign lessors have not been able to get back...

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Amd Launches New Chips To Run Large Language Models In Advanced Genai Era

San Francisco, Dec 7 : AMD has announced new accelerators and processors for running large language models or LLMs, as graphics chip maker Nvidia leads the generative AI chips race....

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Dunzo Fails To Pay Nov Salaries To Its Present Employees: Report

New Delhi, Dec 7 : Homegrown quick-grocery delivery provider Dunzo has failed to pay November salaries to its current employees, despite partnering with OneTap, a revenue financing firm, earlier this...

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Tata Power Shares Up 12 Per Cent After Upgrade

New Delhi, Dec 7 : Tata Power is up 12 per cent in trade on Thursday after an upgrade by a brokerage. Tata Power is trading at Rs 329 on...

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