Business

Big Silence From Insurance Industry After Cyclone Michaung Flooded Chennai

Chennai, Dec 7 : The Indian insurance industry, including the sectoral regulator, is strangely silent on helping the policyholders affected by cyclone Michaung on the steps to be taken to...

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Govt Going For Vote On Account On Feb 1, No Big Bang Announcements: Sitharaman

New Delhi, Dec 7 : Finance Minister Nirmala Sitharaman has said that the upcoming Union Budget on February 1, 2024 to be presented in Parliament ahead of the Lok Sabha...

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Low Quality Small And Midcap Stocks In Bubble Zone

New Delhi, Dec 7 : Weak (low growth plus low quality) mid Caps and small Caps are in bubble zone and caution is advised.Strong (high growth plus high quality) Mid...

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Sarvam Ai Raises $41 Mn Led By Lightspeed, Largest By An Indian Ai Startup

Bengaluru, Dec 7 : Indian generative AI startup Sarvam AI on Thursday said it has raised $41 million in its Series A round led by Lightspeed and supported by Peak...

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Jack Dorsey’s Tidal Lays Off Over 10% Of Workforce

San Francisco, Dec 7 : Music streaming platform Tidal has laid off more than 10 per cent of its workforce, or about 40 employees. The majority of the company is...

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Spicejet Mulling Equity Raise Amidst Financial Turbulence, Board Meeting On Dec 11

New Delhi, Dec 7 : SpiceJet will deliberate on raising fresh capital through the issue of equity shares in its Board meeting on December 11, according to a stock exchange...

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Profit Booking Expected At Higher Levels

New Delhi, Dec 7 : In spite of favourable factors, there will be dips in the market triggered by profit booking at higher levels, says V K Vijayakumar, Chief Investment...

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Apple Joins Ai Race With Releasing Model Framework For Its Silicon Chips

New Delhi, Dec 7 : As artificial intelligence (AI) takes centre-stage across companies, Apple’s machine learning research team has released frameworks and model libraries designed to run on its silicon...

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Revolutionising India\'s Digital Landscape, Realme Democratising 5g With Realme C67 5g

New Delhi, Dec 7 : 5G, being the fifth generation of mobile technology, promises to transform communication and information access through its extensive applications.Its exceptional connection quality, elevated data capacity,...

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Post Election Results, Ensuing Rally Has Steam To Continue

New Delhi, Dec 7 : The results of five state elections have provided a major booster dose to the markets and saw them building on the rally which was already...

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Former Twitter Security Head Sues Musk, X Over Unlawful Sacking

San Francisco, Dec 7 : Former Twitter IT security head Alan Rosa has filed a lawsuit against X, its owner Elon Musk and company adviser Steve Davis, alleging that he...

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Nfra Debars Two Cas For Lapses In Dhfl Audit

Mumbai, Dec 6 : The National Financial Reporting Authority (NFRA) has debarred two statutory auditors of erstwhile Dewan Housing Finance Corporation Ltd (DHFL) for 10 years and five years respectively,...

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Us Firm Waters Corporation Opens Global Capability Center In Bengaluru With $16 Mn Investment

Bengaluru, Dec 6 : US firm Waters Corporation, an analytical laboratory instrument and software company, inaugurated its new Global Capability Center (GCC) in Bengaluru’s RMZ Ecoworld technology park on Wednesday....

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K’taka Govt Invites Startups To Provide Tech Solutions

Bengaluru, Dec 6 : The Karnataka government on Wednesday invited startups to provide tech products and solutions for the government departments. “In tune with its policy to create innovation and...

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Mahindra To Hike Vehicle Prices From Next Month

New Delhi, Dec 6 : Home-grown auto major Mahindra & Mahindra on Wednesday said it will increase the prices of its passenger and commercial vehicles from next month. The company...

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$175 Million Adb Loan For Upgrading Madhya Pradesh Highways Okayed (lead, Correcting Headline)

New Delhi, Dec 6 : India and the Asian Development Bank (ADB) have signed a $175 million loan to upgrade 500 kilometres of state highways and major district roads in...

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$175 Million Adb Loan For Upgrading Madhya Pradesh Highways Okayed

New Delhi, Dec 6 : India and the Asian Development Bank (ADB) have signed a $175 million loan to upgrade 500 kilometres of state highways and major district roads in...

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Tv18 And E18 To Merge With Network18 Consolidating Tv And Digital News Assets

New Delhi, Dec 6 : Network18 Media & Investments Ltd.(Network18) and TV18 Broadcast Ltd (TV18) on Wednesday announced a Scheme of Arrangement in terms of which TV18 and e-Eighteen.com Ltd...

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Airlines\' Profits On The Rise But High Interest Rates Playing Spoilsport: Iata

New Delhi, Dec 6 : The International Air Transport Association (IATA) on Wednesday announced strengthened profitability projections for airlines in 2023, which will then largely stabilise in 2024. However, net...

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$125 Million Adb Loan For Upgrading Madhya Pradesh Highways Okayed

New Delhi, Dec 6 : India and the Asian Development Bank (ADB) have signed a $175 million loan to upgrade 500 kilometres of state highways and major district roads in...

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Public Sector Banks Wrote Off Loans Worth Rs 3.66 Lakh Crore In Last Three Fiscal Years

New Delhi, Dec 6 : Public sector banks wrote off a whopping Rs 3.66 lakh crore loans in the last three financial years, according to RBI data. At the same...

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Gandhinagar To Host Vibrant Gujarat Summit 2024 In January

Gandhinagar, Dec 6 : The anticipation for the upcoming Vibrant Gujarat Summit, scheduled for January 2024, is building with the confirmation of 16 countries and 14 organisations, an official said...

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Rupee Edges Up As More Foreign Funds Flow Into Stocks

Mumbai, Dec 6 : The rupee appreciated 5 paise to close at 83.32 against the US dollar on Wednesday as more foreign funds flowed into the Indian stock markets which...

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Wedding Season Expected To Boost Vehicle Sales: Fada

Chennai, Dec 6 : The wedding season – November–December – is expected to boost automobile sales in India while challenges continue to persist for the manufacturers, the Federation of Automobile...

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Q-line Biotech (poct Group) Establishes Medical Equipment Manufacturing Unit In Lucknow

New Delhi, Dec 6 : In a significant move under the Investor Summit held in February 2023, Q-Line Biotech Pvt.Ltd.(POCT Group) has established a medical equipment manufacturing unit in Lucknow....

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Xiaomi Launches Redmi 13c Series With 50mp Ai Dual Camera In India

New Delhi, Dec 6 : Global technology brand Xiaomi on Wednesday launched the Redmi 13C Series with a 50MP AI dual camera in India. Available in three colour options —...

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Nifty At Record High, Rises For 7th Day

New Delhi, Dec 6 : Nifty ended at a record high rising for the seventh consecutive session on Wednesday. At close, Nifty was up 0.40 per cent or 82.6 points...

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Paytm Expands Credit Distribution Business, Extends Higher Ticket Loans To Consumers, Merchants

New Delhi, Dec 6 : Paytm, India’s leading mobile payments and financial services distribution company, on Wednesday said it will expand its credit distribution business in partnership with large banks...

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Ola Electric\'s Net Loss Surges To Rs 1,472 Cr In Fy23 As Expenses Grow

New Delhi, Dec 6 : Bhavish Aggarwal-driven Ola Electric’s net loss nearly doubled to Rs 1,472 crore in FY23, from Rs 784.1 crore in the previous fiscal year, as expenses...

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Swiggy Appoints Anand Kripalu As Independent Director, Chairperson Of Board

New Delhi, Dec 6 : Online food delivery platform Swiggy on Wednesday announced the appointment of Anand Kripalu as an Independent Director and the Chairperson of its Board of Directors....

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Hero Motocorp, Ather Energy Join Hands For 1st-ever Interoperable Fast-charging Network

New Delhi, Dec 6 : Hero MotoCorp and electric vehicle manufacturer Ather Energy on Wednesday entered into a partnership for an interoperable fast-charging network in the country, touted as the...

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Gautam Adani Now 15th Richest In The World

New Delhi, Dec 6 : Gautam Adani, Adani Group Chairman is now the 15th richest in the world after adding more than $ 12 billion in a massive rally in...

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Phonepe\'s Share.market Introduces Discover Section With Advanced Intelligence Layer

New Delhi, Dec 6 : Share.Market, a PhonePe product, on Wednesday launched the ‘Discover’ section on the platform, which will facilitate an enhanced investment experience through its cutting-edge Intelligence layer....

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Not Competing With Musk Or Altman On Ai But Building Real-life Use Cases: Mos It

New Delhi, Dec 6 : India is not competing with OpenAI’s Sam Altman or xAI owner Elon Musk in the field of artificial intelligence (AI) but aims to build AI...

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High Prices Of Onion, Tomato Drove Up Cost Of Thali In Nov

New Delhi, Dec 6 : The cost of a vegetarian ‘thali’ rose 10 per cent in November as compared to October while the cost of a non-veg thali increased 5...

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92% Of Indian Firms View Genai Tools As Potential Security Risk

Bengaluru, Dec 6 : As Generative AI tools take centre stage in India’s digital economy, at least 92 per cent of organisations consider GenAI to be a potential security risk,...

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Kolkata: No Respite From Skyrocketing Vegetable Prices

Kolkata, Dec 6 : Soaring prices of vegetable in the retail market continue to burn a hole in common man’s pocket in Kolkata. According to estimates of members of the...

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Nifty Headed Towards 21k, Sensex Towards 70,000

New Delhi, Dec 6 : Even though the undertone is bullish, the market is likely to consolidate in the near-term since up moves will be countered with profit booking by...

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Homegrown Fintech Startup Zestmoney To Shut Down

New Delhi, Dec 6 : Homegrown digital EMI financing platform ZestMoney, backed by Goldman Sachs, is shutting down operations after several unsuccessful attempts to find a buyer, media reported on...

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Musk’s Ai Company Seeks To Raise $1 Bn In Investments

San Francisco, Dec 6 : Elon Musk’s AI company called xAI is seeking to raise up to $1 billion in equity investments. According to a filing with the US Securities...

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Twitch Plans To Shut Down In S.korea Over High Network Costs

Seoul, Dec 6 : Twitch, a popular US-based live game streaming platform, said on Wednesday it plans to shut down its South Korean service in February next year due to...

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Delhi Hc Asks Go First\'s Rp To Submit Affidavit On Contempt Allegations On Non-maintenance Of Aircraft

New Delhi, Oct 12 : The Delhi High Court on Tuesday asked the Resolution Professional (RP) of cash-strapped Go First to file an affidavit in response to a lessor’s plea...

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Brand Bengaluru Plan Afoot To Develop It City In A Systematic Way: Minister

Belagavi, (Karnataka) Dec 5 : The Brand Bengaluru plan is afoot to ensure planned and systematic development of the city, the Karnataka Assembly was informed on Tuesday. Replying to a...

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Bookmyshow Posts Bumper Profit Of Rs 85cr In Fy23

New Delhi, Dec 5 : BookMyShow saw its revenue from operations surged 3.5 times to Rs 976 crore in FY23, from Rs 277 crore in FY22. According its consolidated financial...

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Sbi Buying Another 20% Stake In Sbi Pension Funds

New Delhi, Dec 5 : State Bank of India has stated in a regulatory filing that it plans to acquire an additional 20 per cent stake in SBI Pension Funds...

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India\'s Lic Ranks 4th In World\'s Top Life Insurance Companies List

New Delhi, Dec 5 : India’s state-owned Life Insurance Corporation (LIC) has emerged as the fourth largest life insurer in the world, according to a new ranking, on the basis...

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Rs 1.51 Lakh Crore Of Gst Evasion Detected In April-october, Maharashtra Tops List

New Delhi, Dec 5 : The government has detected goods and services tax (GST) evasion to the tune of Rs 1.51 lakh crore between April to October in the current...

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\'unemployed Before Holidays Again\': Techie Who Quit Twitter Last Year Now Laid Off By Spotify

San Francisco, Dec 5 : A techie has said that he is “unemployed before the holidays again”, as he has been laid off by music streaming giant Spotify in its...

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Share Of Non-fossil Fuels In India\'s Power Generation Rises To 44%

New Delhi, Dec 5 : As much as 44 per cent of India’s power generation capacity is now based on non-fossil fuels, Power and Renewable Energy Minister R.K.Singh informed Parliament...

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Apple Requests India To Exempt Older Iphones From Common Charger Requirement

New Delhi, Dec 5 : Apple has asked the Indian government to exempt its existing iPhones from the requirement of a common charging port (USB-C) for electronics devices, as the...

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Unacademy Reduced Cash Burn By 60%, Has Runway Of Four Years: Ceo Gaurav Munjal

New Delhi, Dec 5 : While the embattled edtech unicorn Byju is facing myriad issues amid a severe cash crunch, its rival company’s Founder and CEO Gaurav Munjal on Tuesday...

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Fiis Inflows Strong With Net Buy Of More Than Rs 17k Crore In Last 8 Sessions

New Delhi, Dec 5 : FIIs have remained net buyers to the tune of Rs 17,133 crores in the last eight trading sessions, says Siddhartha Khemka, Head – Retail Research,...

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Fedex Invests $100 Mn To Foster Job Growth, Innovation In Hyderabad

New Delhi, Dec 5 : Courier delivery services giant FedEx on Tuesday inaugurated its first-ever advanced capability community (ACC) hub in Hyderabad, marking a significant investment of $100 million in...

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Adani Green Accomplishes Its Construction Financing Framework At $3bn

New Delhi, Dec 5 : Adani Green Energy Ltd (AGEL), India’s largest and world’s leading renewable energy player announced follow-on funding of $1.36 billion to further boost its Construction Financing...

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Bike-taxi Startup Rapido Enters Cab Biz With Intra-city Mobility Solution

New Delhi, Dec 5 : Bike-taxi startup Rapido on Tuesday announced its strategic entry into the cab business, with launching an intra-city, SaaS-based mobility solution with Rapido Cabs. With a...

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Traders Advised Caution For Next Two Days As Market Is Overheated

New Delhi, Dec 5 : Despite a broad-based rally, the fear gauge India VIX is also going up. Traders are advised caution for the next two days until the RBI’s...

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Musk Mocks Paris Hilton\'s New Ad After Her Firm Suspends X Deal

San Francisco, Dec 5 : Tech billionaire Elon Musk has now picked a fight with American media personality and businesswoman Paris Hilton days after her company pulled an ad campaign...

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Meta To Discontinue Cross-app Communication Chats On Instagram

San Francisco, Dec 5 : Meta will soon discontinue the “cross-app communication chats” feature that lets you chat with Facebook friends on Instagram. Starting in mid-December, the company will disconnect...

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Jupiter Wagons Raises Rs 403 Cr From Qip

Chennai, Dec 5 : Railway wagon and passenger coach major Jupiter Wagons Ltd on Tuesday said it has completed raising Rs 403 crore from qualified institutional placement (QIP). According to...

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Sitharaman Slams Oppn On Npas Issue, Says \'india\'s Economy World\'s Fastest Growing\'

New Delhi, Dec 5 : Union Finance Minister Nirmala Sitharaman on Tuesday said the Opposition MPs raising questions on the government’s handling of non-performing assets (NPAs) should first recognise that...

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Monetary Policy: Rbi To Continue With Its Cautious Pause

Chennai, Dec 5 : The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to maintain the repo rate at 6.5 per cent and there would be no...

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Moody’s Cuts Outlook On China’s Bonds To Negative As Debt Level Shoots Up

New Delhi, Dec 5 : Moody’s Investors Service lowered its outlook for Chinese sovereign bonds to negative amid growing concerns over the country’s rising debt level. Moody’s scaled down its...

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Dell Empowers 2 Mn Indians In Digital Skills, To Expand Further

New Delhi, Dec 5 : Dell Technologies on Tuesday announced that it has met its target of positively impacting two million beneficiaries in India through the Mobile Solar Community Hubs...

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Small & Midcaps Outperform Nifty In 2023

New Delhi, Dec 5 : Mid and small caps outperformed largecaps and have risen 36 per cent and 46 per cent, respectively, versus the 11 per cent rise for the...

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Government, Psus, Defence Sector Witness 14% Upsurge In Hiring: Report

New Delhi, Dec 5 : The Government, PSU (Public Sector Undertakings), and Defence industries experienced a 14 per cent upsurge in hiring on a month-over-month (MoM) basis in the country,...

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Byju\'s To Hold Board Meeting On Dec 20 Amid Pending Dues

New Delhi, Dec 5 : Embattling edtech unicorn Byju’s parent company Think and Learn Private Limited will hold its 11th annual general meeting on December 20, as it faces myriad...

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Ibm, Meta Launch Ai Alliance To Build Open, Responsible Ai

New Delhi, Dec 5 : IBM and Meta on Tuesday launched the AI Alliance in collaboration with over 50 tech companies, founding members and collaborators globally. The AI Alliance is...

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Global Crypto Market Hits $1.5 Trillion As Panic Buying Fuels Bitcoin Price

New Delhi, Dec 5 : The world’s biggest cryptocurrency Bitcoin touched a 19-month high above $42,000 which was triggered by some “panic buying”, reports said on Tuesday. The surge in...

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Cloud Communication Firm Twilio Lays Off Another 5% Workforce

San Francisco, Dec 5 : Cloud communications firm Twilio has laid off hundreds of employees as it announced a 5 per cent cut in its workforce. The company had laid...

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Celebrating Realme\'s 200 Mn Global Shipments: A Success Story In Smartphone Industry

New Delhi, Dec 5 : realme, a rapidly growing smartphone brand in India, has recently announced a significant achievement — its global smartphone shipments have successfully surpassed the 200 million...

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Gen Z In India To Lead Key Trends On Instagram In 2024

New Delhi, Dec 4 : Gen Z in India will lead the key trends on Instagram next year, from prioritising careers to being super on point with meme preferences, and...

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Nifty Rallied 10% From October Low

Mumbai, Dec 4 : Nifty has rallied by 1,865 points or 10 per cent from its low of 18,837 recorded in October, said Siddhartha Khemka, Head of Retail Research at...

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Byju Raveendran Pledges Family Homes To Raise Funds For Salaries: Report

New Delhi, Dec 4 : Edtech major Byju Raveendran has reportedly pledged his home, as well as those owned by his family members, to raise money for paying employees amid...

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Meta Faces $598 Mn Lawsuit From Spanish Media Association: Report

San Francisco, Dec 4 : An association of 83 Spanish media outlets has filed a $598 million (550 million euro) lawsuit against Meta (formerly Facebook), accusing the tech giant of...

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Cji D.y. Chandrachud To Present 45th Bajaj Awards In Mumbai On Friday

Mumbai, Dec 4 : Supreme Court Chief Justice D.Y.Chandrachud will be the chief guest and give away the prestigious 45th Jamnalal Bajaj Foundation Awards at a mega-event here on December...

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Largecaps To Outperform Small And Midcaps In Near Term

Mumbai, Dec 4 : The Indian markets are set for another rally, this time driven by largecap stocks going into the general elections scheduled next year, said Jaykrishna Gandhi, Head,...

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Solarwinds India Appoints Abhijit Banerjee As Managing Director

New Delhi, Dec 4 : IT management software provider SolarWinds on Monday said it has appointed Abhijit Banerjee as managing director of its India operations, including the SAARC region (Bangladesh,...

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Byju’s Pays Remaining Employees’ Salaries For Nov After ‘technical Glitch’ (lead)

New Delhi, Dec 4 : Edtech major Byju’s has paid November salaries of some of its employees after a “technical glitch” hampered the payment of some 1,000 workers. Sources told...

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Spotify Announces To Cut 17% Of Jobs, 3rd Round Of Layoffs This Year

New Delhi, Dec 4 : Music streaming giant Spotify on Monday announced to eliminate about 17 per cent of its workforce across the company as it looks to become “both...

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Cyclone Michaung: Air India Temporarily Suspends Flights To And From Chennai Airport

New Delhi, Dec 4 : Amid the heavy downpour in Chennai triggered due to cyclone Michaung, Air India has suspended all flights to and from the city till 11 p.m.on...

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Safety & Security Of Passengers Priority Of Civil Aviation Ministry: Scindia In Rs

New Delhi, Dec 4 : Union Minister for Civil Aviation Jyotiraditya Scindia on Monday said the safety and security of passengers is the priority of the ministry with the BCAS...

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Tech Glitch Delayed Some Employees’ Salaries, To Be Paid On Monday: Byju’s

New Delhi, Dec 4 : Some employees of edtech unicorn Byju’s had their salaries delayed due to a “technical glitch” and they were in the process of being paid on...

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Allen Career Institute Acquires Ai-led Doubts Platform \'doubtnut\'

New Delhi, Dec 4 : Allen Career Institute on Monday announced the acquisition of AI-led doubts-solving platform, Doubtnut. Doubtnut’s team will continue their focus on building a world-class doubt resolution...

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Nsdc Joins Hands With Blinkit, Apna, Quess Corp To Boost Employment

New Delhi, Dec 4 : The National Skill Development Corporation (NSDC), working under the aegis of the Ministry of Skill Development and Entrepreneurship (MSDE), on Monday announced that it has...

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Vfs Global Launches First Sign Language Contact Centre In India

New Delhi, Dec 4 : VFS Global, the visa outsourcing and technology services specialist, on Monday announced the launch of its first sign language contact centre for people of determination...

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Ranbir Kapoor-starrer ‘animal’ Dominates Global Box-office, Ahead Of ‘napoleon,’ ‘hunger Games’

Los Angeles, Dec 4 : Bollywood star Ranbir Kapoor’s recently released film ‘Animal’, directed by Sandeep Vanga Reddy, has not just set the Indian box-office on fire but has also...

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Hiring In Indian It Services Industry To Remain Muted Over Next 2-3 Quarters

New Delhi, Dec 4 : Hiring in the Indian IT services industry is expected to remain muted over the next two-three quarters amid slowdown in demand, with companies focusing on...

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Zerodha\'s Kite App Goes Down For 3rd Time In 3 Straight Months

New Delhi, Dec 4 : Brokerage firm Zerodha’s trading app Kite on Monday suffered another technical glitch, marking the third straight month the platform has faced such issues. This comes...

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Google Delays Launch Of Its Gemini Ai To Next Year: Report

San Francisco, Dec 4 : Google has delayed the launch of Gemini, a conversational artificial intelligence that aims to compete with OpenAI, to next year in January, media report said....

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Psu Stocks Markets To Fresh High After Bjp Wins Assembly Polls

New Delhi, Dec 4 : PSU stocks powered a monster rally of over 900 points on Monday to a fresh high after the BJP emerged victorious in the state Assembly...

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Genai Will Speed Up Drug Discovery, Boost Healthcare In India: Top Aws Executive

New Delhi, Dec 4 : Generative Artificial Intelligence (AI) has the potential to transform drug discovery and healthcare delivery in a country like India which has top-level medical experts with...

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\'toughen Up\': Indian-origin Billionaire Backs Narayana Murthy\'s 70-hr Work Week Advice

New Delhi, Dec 4 : Indian-American businessman and co-founder of Sun Microsystems, Vinod Khosla has backed Infosys founder NR Narayana Murthy’s suggestion that India’s youth must work 70 hours every...

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Now, Indigo Faces Criticism Over Delays From Former Union Minister

New Delhi, Dec 3 : Congress MP and former Union Minister Manish Tewar, on Sunday expressed frustration over repeated delays in IndiGo flights Tewari, who has taken three IndiGo flights...

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Outcome Of State Election Results Hints At Continued Uprun In Market

New Delhi, Dec 3 : The outcome of state election results hints towards continued uprun in the market, Dhiraj Relli, MD & CEO at HDFC Securities, said on Monday. While...

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Blackrock\'s Stake In Suzlon Rises Above 5%

New Delhi, Dec 3 : Investment firm BlackRock Inc.’s equity holding in renewable energy company Suzlon Energy has moved above the 5 per cent level with the acquisition of about...

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S. Korea To See Negative Growth In 2050 If Low Fertility Rate Continues

Seoul, Dec 3 : South Korea is set to report negative economic growth in 2050 if the country fails to reverse its accelerating birth-rate decline, the central bank said on...

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Nifty At New Lifetime Highs, Bse Sensex To Follow

New Delhi, Dec 3 : It was a shortened week at the bourses with Monday being a trading holiday.Markets gained on three of the four trading sessions and lost on...

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X May Go Bankrupt Under Elon Musk If Advertisers Keep Fleeing

London, Dec 3 : The loans Elon Musk took out to buy Twitter (now called X) was about $13 billion and the social media company has to pay about $1.2...

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Over Half Of Senior Citizens Aged Over 65 Want Jobs In S.korea

Seoul, Dec 3 : More than half of senior citizens aged over 65 want to have jobs, with about 20 per cent of them having the experience of looking for...

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How Openai Fired Sam Altman While Blindsiding Satya Nadella

San Francisco, Dec 3 : Fresh details have emerged in Sam Altman’s ousting from OpenAI, with a new report claiming that the company’s old board deliberately excluded Microsoft after initially...

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Mukesh Ambani, S. Somanath Inspire New Graduates At Pdeu\'s 11th Convocation Ceremony

Gandhinagar, Dec 2 : The 11th convocation ceremony of Pandit Deendayal Energy University (PDEU) was graced by Reliance Industries Chairman Mukesh Ambani, and ISRO Chairman S.Somanath on Saturday. A total...

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India\'s Energy Requirement Set To Double By End Of This Decade: Mukesh Ambani

New Delhi, Dec 2 : India’s energy requirement is set to double just by the end of this decade, Reliance Industries Chairman Mukesh Ambani said on Saturday. Speaking at the...

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Direct Flight Introduced Between Guwahati & Bangkok

Guwahati, Dec 2 : A tri-weekly direct flight between Guwahati and Bangkok has been introduced which will be operated by Thai Air Asia on Wednesday, Friday and Sunday on the...

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Air India Launches Robotic-enabled Eco-friendly, Water-saver Aircraft Cleaner

Mumbai, Dec 2 : Air India has launched an environment-friendly automated aircraft interior washing and nearly dry cleaning system that will save around 75,000 litres of water per aircraft annually,...

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Gold Prices Soar To Lifetime High In India

Mumbai, Dec 2 : Gold prices rose to a lifetime high in India amid the peak wedding season and rising international rates of the precious metal. Chennai led the charge...

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\'electrifying And Eventful\': Powered By A Busy 2023, Ev Players On A High

Chennai, Dec 2 : The year 2023 could be termed as electrifying and eventful for the Indian electric vehicle (EV) industry. While the industry saw good volume growth, it also...

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Walmart Joins List Of Big Firms Who Pulled Ads From Elon Musk\'s X

San Francisco, Dec 2 : Retail giant Walmart has confirmed that it is not advertising on Elon Musk-run X (formerly Twitter), according to a report by CNN. “We aren’t advertising...

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India\'s Economic Growth: From Slowdown To Showdown, Numbers Vs Narrative

Thiruvananthapuram, Dec 2 : A study paper on India’s economic growth underscores that the slow recovery from the pandemic, dominance of non-productive sectors in driving growth, and imbalanced investment patterns...

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Uno Minda Building Land Banks In Tn, Pune And North India

Chennai, Dec 2 : In order to set up additional capacities to meet the future demand, automotive ancillaries major Uno Minda Ltd is building land banks in different states, said...

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Fpis May Turn Sellers At Higher Market Levels

New Delhi, Dec 2 : Since overall market valuations have reached high levels, FPIs may turn sellers at higher market levels, says V.K.Vijayakumar, Chief Investment Strategist at Geojit Financial Services....

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B\'luru Tech Summit 2023 An \'unprecedented Success\': K’taka Minister Priyank Kharge

Bengaluru, Dec 2 : Karnataka Minister for Information Technology and Biotechnology, Priyank Kharge, said that the three-day Bengaluru Tech Summit 2023, held at the Bangalore Palace, concluded with unprecedented and...

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Idbi Trusteeship Now Files Appeal Against Subhash Chandra In Nclat

Mumbai, Dec 2 : In the continuing saga replete with many twists and turns, IDBI Trusteeship Services Limited (ITSL) has now filed an appeal at the National Company Law Appellate...

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\'india As Big Gold Buyer Can Play Key Role In World Economic Order\'

New Delhi, Dec 1 : India as the second-largest buyer of gold in the world can play a crucial role in the global economic order as central banks are still...

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Games24x7 Joins Hands With K\'taka Govt For Gametech Accelerate Programme

New Delhi, Dec 1 : Games24x7, India’s leading online skill gaming company, today joined forces with the Government of Karnataka, to launch the gaming industry’s first-of-its-kind accelerator programme, ‘GameTech Accelerate...

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Broadcom To Lay Off Nearly 1,300 Vmware Employees Post-acquisition: Report

San Francisco, Dec 1 : US-based hardware company Broadcom will reportedly lay off nearly 1,267 employees from desktop virtualisation software provider VMware, which it finally acquired for $69 billion last...

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Gst Collection Surges To 8-month High In November

New Delhi, Dec 1 : The country’s gross GST revenue went up by 15 per cent to touch an 8-month high of Rs 1,67,929 crore mark in November, according to...

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Meta Purges Over 37 Mn Bad Pieces Of Content On Fb, Insta In India In Oct

New Delhi, Dec 1 : Meta said that it took down over 33.6 million pieces of content across 13 policies for Facebook and over 3.4 million pieces of content across...

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Genai Needs To Gain Cultural Fluency Like Humans: Amazon Cto

Las Vegas, Dec 1 : In the coming years, culture will play a crucial role in how generative Ai is designed, deployed and consumed, Amazon CTO Dr Werner Vogels has...

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Musk\'s X Sees Wave Of Resignations From Sales Team After Giving Bonus: Report

San Francisco, Dec 1 : Elon Musk-run X Corp has witnessed a wave of resignations from the sales team over the past month, media reports said. According to a report...

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Midcap Index Rising For Last 21 Sessions, Hitting Fresh Highs Since Nov 16

New Delhi, Dec 1 : The Nifty Midcap 100 index has been rising for the last 21 trading sessions and has been hitting fresh all-time highs since November 16, said...

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Rbi, Bank Of England Ink Pact On Sharing Info

Mumbai, Dec 1 : Reserve Bank of India (RBI) and Bank of England (BoE) on Friday signed a Memorandum of Understanding (MoU) concerning cooperation and exchange of information in relation...

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Nifty Hits All-time High On Strong Gdp Estimates

New Delhi, Dec 1 : Nifty reached historic highs on Friday, with the mid-small cap segment also on the rise, fuelled by faster-than-expected economic growth in the September quarter and...

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Up Transport Dept, Maruti To Sign Mou For Maintaining Dtis

Lucknow, Dec 1 : The Uttar Pradesh transport department will soon sign an MoU with Maruti Suzuki for handling tasks related to automation, operation and maintenance of the Driving Training...

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Cop28: Uae Commits $30 Bn For Newly-launched Catalytic Climate Vehicle

Dubai, Dec 1 : As world leaders gathered for COP28, the UAE on Friday announced a $30 billion commitment to the newly launched catalytic climate vehicle, ALTERRA, that will drive...

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Whirlpool India Shares Fall By Over 8% After Parent Company Announces Plan To Sell Stake Up To 24%

New Delhi, Dec 1 : Whirlpool of India shares are down by more than 8 per cent on Friday after the parent company announced the plans to cut its stake...

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Power Crisis Takes A Toll On Fishermen In Coastal Karnataka As Ice Production Hits An All-time Low

Mangaluru, Dec 1 (IANS/101Reporters) Power crisis has cast a shadow on the fishermen in the coastal areas of Dakshina Kannada, Uttara Kannada and Udupi districts of Karnataka as the success...

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Raymond Independent Directors Say No Law Requires Them To Investigate Matrimonial Disputes

New Delhi, Dec 1 : The independent directors (IDs) of Raymond Limited have said that neither any law nor any corporate governance standard requires them to inquire into, investigate, or...

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Piyush Goyal Urges Corporates To Step Up Investments As India Is \'at Sweet Spot\'

New Delhi, Dec 1 : Union Commerce Minister Piyush Goyal on Friday urged corporates to increase investments in India as the country was “at a sweet spot” with massive development...

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Commercial Lpg Prices Hiked

New Delhi, Dec 1 : The Oil Marketing Companies have increased the prices of commercial LPG cylinders by Rs 21 across the country with effect from Friday. The price of...

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Over 97% Of Rs 2,000 Banknotes Have Been Returned: Rbi

Mumbai, Dec 1 : The total value of Rs 2,000 banknotes in circulation, has declined to Rs 9,760 crore at the close of business on November 30, 2023, the Reserve...

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Market Momentum Pushes Sensex Above 67k

New Delhi, Dec 1 : The market momentum which pushed the Nifty up by 6 per cent in November is likely to be sustained since the incoming data and news...

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Us Stocks Climb In The Best Ever Month As Investors Bet On Fed\'s Interest Rate Cuts

New York, Dec 1 : US stocks climbed on Thursday morning, making it the best month this year for the investors who continued to bet on interest-rate cuts after reports...

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Our Own Chips In Genai Era Best Path To Make Customers’ Lives Better: Andy Jassy

Las Vegas, Nov 30 : Designing our own chips is the best path to makes our customers’ lives better and easier every day in the generative AI era, Amazon CEO...

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Oil Prices Rise As Opec+ Cartel Nears Deal On Production Cuts

New Delhi, Nov 30 : Crude oil prices have started firming up again in the international market as the OPEC+ cartel is reported to be on the verge of signing...

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Mocked As Video Of Water Dripping In Flight Goes Viral, Air India Issues Clarification

New Delhi, Nov 30 : A video capturing water dripping onto seats through an overhead bin on an Air India flight went viral on social media, drawing sarcastic comments from...

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Saic Motor, Jsw Group Announce Joint Venture

New Delhi, Nov 30 : SAIC Motor and the JSW Group on Thursday announced a strategic joint venture. SAIC Motor is a global fortune 500 company with annual revenues of...

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College Student Who Tracks Musk\'s Private Jet Included In Forbes\' 30 Under 30 List

San Francisco, Nov 30 : Jack Sweeney, the college student who used to track Elon Musk’s private jets, has been named in Forbes’ 30 Under 30 list. Sweeney, 21, who...

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Bengaluru Tech Summit: Mou Signed To Provide Comprehensive Support To Start-ups

Bengaluru, Nov 30 : Karnataka Digital Economy Mission (KDEM) in collaboration with India Electronics and Semiconductor Association (IESA), NASSCOM, and ASSOCHAM (Associated Chambers of Commerce and Industry of India) announced...

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Rbi Fines Hdfc Bank And Bank Of America

Mumbai, Nov 30 : The Reserve Bank of India has imposed fines on HDFC Bank and Bank of America under the powers vested in it through sections of the FEMA....

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Ultratech Cement Approves Scheme Of Arrangement With Kesoram Industries For Acquisition Of Cement Business

New Delhi, Nov 30 : The Board of Directors of UltraTech Cement has approved a Composite Scheme of Arrangement between Kesoram, UltraTech and their respective shareholders and creditors. The decision...

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Whirlpool To Sell Up To 24% Stake In India Arm

New Delhi, Nov 30 : The Whirlpool Corporation on Thursday announced its intention to enter into one or more transactions to sell up to 24 per cent of its ownership...

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K\'taka Govt Invites Australian Investors To Invest In Infrastructure Development Sector

Bengaluru, Nov 30 : Karnataka Chief Minister Siddaramaiah on Thursday invited Australian investors to invest in the infrastructure development sector of the state. He held talks with the Australian High...

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Global Smartphone Shipments To Hit Lowest Level In Decade This Year

New Delhi, Nov 30 : Global smartphone shipments in 2023 are projected to decline 5 per cent (year-on-year) to reach 1.2 billion, the lowest level in almost a decade, a...

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Game Streaming Platform Loco Lays Off 36% Of Its Workforce

New Delhi, Nov 30 : Game streaming platform Loco has laid off about 36 per cent of its workforce, or 40 employees, from its total staff strength of 110. The...

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India’s Fiscal Deficit Crosses Rs 8 Lakh Crore In 7 Months

New Delhi, Nov 30 : India’s fiscal deficit for the first seven months of the current financial year stands at Rs 8.04 lakh crore, which is 45 per cent of...

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India Posts 7.6% Gdp Growth In July-sep Quarter As Manufacturing Surges

New Delhi, Nov 30 : India’s economy grew at 7.6% in the July-September quarter of the current financial year despite a slowdown in agriculture as the robust performance of the...

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India\'s Retail Inflation Slows To 4-month Low In Oct

New Delhi, Nov 30 : India’s retail inflation slowed to a four-month low of 4.87 per cent in October from 5.02 per cent in September, bringing respite to consumers. The...

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Burnout Affects 27% Of Employees In Big Indian Companies, Women Worst Hit: Report

New Delhi, Nov 30 : In 2023, burnout risk remained a concern, affecting 27 per cent of employees in large Indian companies, which is three per cent higher compared to...

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Core Sector Industries Clock 12.1% Growth In October

New Delhi, Nov 30 : The eight core industries registered an increase of 12.1 per cent in October 2023, compared to the same month of the previous year, official figures...

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Tata Technologies Records Seventh-highest Listing Day Gains

New Delhi, Nov 30 : Tata Technologies, which had a bumper listing on Thursday, recorded the seventh-highest listing day gains, said Vaibhav Vidwani, Research Analyst at Bonanza Portfolio. Tata Technologies...

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Yogi Asks Startups Not To Compromise On Quality; Assures Priority In Government Purchases

Lucknow, Nov 30 : Uttar Pradesh Chief Minister Yogi Adityanath on Thursday urged the MSME entrepreneurs of the state not to compromise quality of their products and underlined the state...

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Bengaluru Tech Summit: One Passenger-one Smart Card Soon, Says Bmrcl Md

Bengaluru, Nov 30 : Passengers using different public transport like metro, cab and bus here can travel while using a single smart card, said Bengaluru Metro Rail Corporation (BMRCL) Managing...

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Evs Suffer From 79% More Maintenance Issues Than Gas-powered Cars: Report

San Francisco, Nov 30 : Electric vehicles (EVs) suffer from 79 per cent more maintenance issues than gas or diesel-powered vehicles, while plug-in hybrid EVs have 146 per cent more...

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India-russia Can Cooperate In Building Small Floating Reactors: Rosatom Chief

Chennai, Nov 30 : India and Russia can cooperate in building small floating reactors with the latter providing the nuclear heart (reactor) and the former taking care of the tow...

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Us Sanctions Cryptocurrency Mixer Used By North Korea

San Francisco, Nov 30 : The US Department of the Treasury has sanctioned a cryptocurrency mixer for serving as a “key money-laundering tool” of a North Korea-linked hacking group, in...

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5g Mobile Subscriptions In India To Reach 130 Mn In 2023

New Delhi, Nov 30 : 5G subscriptions in India are expected to reach 130 million in 2023, and are estimated to grow to 860 million by 2029, a new report...

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Modifi Announces Strategic Expansion To Bolster \'make In India\'

New Delhi, Nov 30 : MODIFI, a global FinTech platform, on Thursday announced an ambitious expansion strategy to enhance its presence in the Indian market, which is aligned with the...

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Musk’s Spacex Buys Parachute Company For $2.2 Mn: Report

San Francisco, Nov 30 : Elon Musk’s SpaceX has acquired space parachute maker Pioneer Aerospace for $2.2 million, the media reported. Musk’s rocket making company has bought Pioneer Aerospace —...

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Avid Learning To Amplify Voices Of Cultural Sustainability And Environmental Innovation At Cop28

New Delhi, Nov 30 : As India completes its G20 Presidency, it has demonstrated its unwavering commitment to sustainable energy solutions and climate action. As the host nation, India stood...

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Rr Kabel Shares Slip After I-t Search At Offices, Factories

New Delhi, Nov 30 : Shares of R R Kabel are trading in the red on Thursday after Income Tax searches at its offices and factories. Shares of R R...

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With India’s Market Cap To Gdp Ratio Climbing To 1.2, Valuations Getting Stretched

New Delhi, Nov 30 : With India’s market cap touching $4 trillion and the market cap GDP ratio climbing to 1.2, valuations are getting stretched, says V.K.Vijayakumar, Chief Investment Strategist...

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Realme\'s Disruptive Growth: A Fresh Perspective On Mid-premium Smartphone Landscape

New Delhi, Nov 30 : The growth of the smartphone market in India is being driven by its youth.The country has witnessed a significant increase in technology usage, with the...

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Apple Announces 14 Best Apps, Games On App Store In 2023

New Delhi, Nov 30 : Apple on Thursday announced winners of the 2023 App Store Awards, recognising 14 apps and games that helped users create, discover new adventures, and have...

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Aws Genai Models Safe From Harmful, Bias Content: Swami Sivasubramanian

Las Vegas, Nov 30 : Amazon is taking all the necessary steps to make sure that its generative AI models are constantly monitored for any toxicity and bias so that...

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Musk Tells Advertisers To \'go F*** Yourself\', Apologises For Anti-semitic Tweet

San Francisco, Nov 30 : X owner Elon Musk stunned the world when he told advertisers to “go f*** yourself” late on Wednesday, after some top companies pulled advertising on...

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Microsoft Joins Openai’s Board As Sam Altman Returns As Ceo

San Francisco, Nov 30 : Sam Altman has officially returned to OpenAI as CEO after an intense drama earlier this month, with Microsoft getting a non-voting observer seat on the...

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Maldives\' Airline Manta Air To Commence Direct Flights From B\'luru

Bengaluru, Nov 29 : Manta Air, the Maldives’ leading airline, has announced that it is starting direct flights from India to Maldives. It will commence international flights to India starting...

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Amazon Introduces Its Own Ai-powered Image Generator

Las Vegas, Nov 29 : Amazon Web Services (AWS) on Wednesday joined its rivals in launching Amazon Titan Image Generator that can create new images given a text description or...

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Delhi Govt Notifies Delhi Motor Vehicle Aggregator And Delivery Service Provider Scheme

New Delhi, Nov 29 : In a move aimed at promoting green and sustainable mobility and enhancing the quality of transportation services in the national capital, the Delhi government on...

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Us Economy Grew By 5.2% In Third Quarter, Faster Than Estimated

Washington, Nov 29 : US economic growth was even stronger in the third quarter than previously estimated, underscoring the economy’s remarkabale resilience in the face of elevated inflation and high...

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Economists See India’s Gdp Growth Slowing In Second Half Of Fy24

New Delhi, Nov 29 : While India is expected to maintain its status as the fastest growing economy in the world, some economists expect the GDP growth rate to slow...

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Tech Companies Committed To Invest Rs 2k Cr To Improve Rural Schools In K\'taka: Shivakumar

Bengaluru, Nov 29 : Karnataka Deputy Chief Minister D K Shivakumar on Wednesday called upon technology companies to invest their CSR funds for the development of rural schools in Karnataka....

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Byju’s, Pharmeasy \'large Underperformers\' In Prosus’ India H1 Fy24 Portfolio

New Delhi, Nov 29 : Investment firm Prosus has identified edtech firm Byju’s and health-tech company Pharmaeasy among the “large underperformers” in its first half of FY24 India portfolio. According...

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Unemployment Rate Dips In India\'s Urban Areas During July-sep

New Delhi, Nov 29 : The unemployment rate in India’s urban areas has declined to 6.6 per cent during the July-September quarter this year from 7.2 per cent in the...

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India To Host 35-nation Cotton Advisory Committee Meet From Dec 2 To 5

New Delhi, Nov 29 : The Ministry of Textiles will host the 81st plenary meeting of the International Cotton Advisory Committee (ICAC) in Mumbai from December 2-5 which is likely...

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Gautam Adani Back In World’s Top 20 Richest Billionaires List

New Delhi, Nov 29 : Gautam Adani is back in the list of top 20 richest people in the world following a rally in Adani Group stocks. As per the...

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Forbes Reveals 10 \'most Dubious\' People To Feature In Its \'30 Under 30\' List

New Delhi, Nov 29 : Forbes has published its ’30 Under 30′ list of young entrepreneurs and changemakers who are making a difference in the world for the past 13...

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40% Urban Indians Would Opt For Alternative Fuel Vehicles: Survey

Mumbai, Nov 29 : A new survey has revealed that 40 per cent of urban Indians are ready to embrace alternative fuel cars including plug-in hybrid electric vehicles (PHEV) and...

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Goldi Solar Solarises The Homes Of 41 Rescued Uttarkashi Workers, Offering Hope For A Brighter Future

Surat, Nov 29 : Amid the ongoing prayers and efforts for the safe return of the 41 workers trapped in Uttarkashi for 17 days, Goldi Solar, India’s quality-conscious solar brand,...

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Enabling Fans To Experience Sports Like Never Before: Tech Mahindra

Las Vegas, Nov 29 : As sports become more immersive, Tech Mahindra is leveraging new-age technologies to deploy its sports cloud offering and enhance the digital capabilities of sports leagues,...

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Nifty Surpasses 20k-mark Driven By Ipo Listing Gains

Mumbai, Nov 29 : The market saw incredible upward momentum on Wednesday with Nifty surpassing the 20,000-mark for the first time in over two months driven by strong listing gains...

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Cabinet Approves Terms Of Reference For 16th Finance Commission

New Delhi, Nov 29 : The Union Cabinet has approved the terms of reference for the 16th Finance Commission which include the distribution of taxes between the Centre and states....

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Bse Market Cap Hits $4 Trillion-mark

Mumbai, Nov 29 : The BSE market cap’s ascent to the $4 trillion-mark signals the start of a fresh momentum in the stock market, Satish Menon, Executive Director at Geojit...

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Villagers From Thoothukudi Stage Protest In Delhi, Seek Reopening Of Sterlite Copper Plant

New Delhi, Nov 29 : A group of villagers from the vicinity of the Sterlite Copper plant in Thoothukudi in Tamil Nadu on Wednesday staged a protest in the national...

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Maha Govt Ejects Msrdc Md Mopalwar; Jt Md Anil Gaikwad Takes Charges

Mumbai, Nov 28 : In an abrupt move, the Maharashtra government has eased out the powerful and controversial Maharashtra State Road Development Corporation (MSRDC) Vice-Chairman & Managing Director Radheshyam Mopalwar...

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Dwarka Expressway Leads As Gurugram\'s Most Demanded Real Estate Hub

Gurugram, Nov 29 : The Dwarka Expressway has emerged as the prominent choice for discerning homebuyers. The latest Magicbricks report for Gurugram, covering the period from July to September 2023,...

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Substantial Jump In Number Of Young Investors Below The Age Of 30

New Delhi, Nov 29 : Greater financial literacy, frictionless customer onboarding and proliferating user-friendly digital platforms have led to a substantial jump in the number of young investors, accounting 70...

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Up Govt Tables Second Supplementary Budget

Lucknow, Nov 29 : The Yogi Adityanath-led government in Uttar Pradesh presented the supplementary budget of Rs 26,760.67 crore for the financial year 2023- 24 in the state Assembly on...

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Cabinet Okays Drone Scheme For Women Self-help Groups

New Delhi, Nov 29 : Information and Broadcasting Minister Anurag Thakur said on Wednesday that the Union Cabinet had cleared the scheme for providing drones to women self-help groups for...

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Cabinet Clears Rs 11.8 Lakh Cr Scheme For Free Foodgrain To Poor

New Delhi, Nov 29 : The Union Cabinet has approved the extension of the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) to provide free foodgrain to the poor for another...

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Nifty Reclaims 20k Mark Led By Auto Stocks

New Delhi, Nov 29 : Nifty reclaimed the 20,000 mark on Wednesday after FIIs turned buyers in the Indian markets. Nifty is up 148 points at 20,038 points on Wednesday.Hero...

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Swiggy\'s Food Delivery Sales Up 17% To $1.43 Bn In 1st Half Of Fy24: Prosus

New Delhi, Nov 29 : Online food delivery platform Swiggy’s investor Prosus, in its financial filing, stated that Swiggy’s core food-delivery business grew 17 per cent and delivered gross merchandise...

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Highest Stake Increase By Fiis In Coforge, Idfc First Bank, Patanjali Foods In Sep Quarter

New Delhi, Nov 29 : Coforge, IDFC First Bank and Patanjali Foods saw the highest increase in stake by FPIs in the September quarter, as per a report by Kotak...

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Gold Prices Soar To 7-month High

Mumbai, Nov 29 : Gold prices increased to a seven-month high in the international market on Wednesday while in India gold prices were above Rs 62,500 per 10 gm for...

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Bengaluru Tech Summit: Siddaramaiah Says Digital Divide Is A Reality We Must Address

Bengaluru, Nov 29 : Karnataka Chief Minister Siddaramaiah inaugurated the prestigious Bengaluru Tech Summit 2023 on Monday. Speaking after inaugurating the 26th edition of the tech summit, Siddaramaiah stated, “The...

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Apple Plans To End Partnership With Goldman Sachs In 12-15 Months: Report

San Francisco, Nov 29 : Apple is reportedly ending its partnership with global investment bank Goldman Sachs over its Apple Card. The iPhone maker has sent a proposal to Goldman...

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K\'taka Govt Approves 62 Investment Projects Worth Rs 3,607 Crore

Bengaluru, Nov 29 : The State Level Single Window Clearance Committee (SLSWCC) cleared 62 industrial investment proposals worth Rs 3,607.19 crore with an employment generation potential of 10,755 within the...

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Crayon Launches 1st Isv Incubation Centre In India With Aws

New Delhi, Nov 29 : Crayon Software Experts India (Crayon) on Wednesday announced the launch of an independent software vendor (ISV) incubation centre in Bengaluru in collaboration with Amazon Web...

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Aws Announces Guardrails Around Genai As Salesforce, Nvidia Expand Partnerships

Las Vegas, Nov 28 : Amazon Web Services (AWS) CEO Adam Selipsky on Tuesday said the company is actively participating with stakeholders across technology companies, policymakers, community groups and scientific...

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Aws Bets Big On Genai, Unveils Next-gen Chips & Serverless Innovations

Las Vegas, Nov 28 : Amazon Web Services (AWS) CEO Adam Selipsky on Tuesday unveiled a slew of new offerings, including a purpose-built chip for generative AI and ML training...

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