SBICAP Ventures invests in climate-tech firm Solinas to boost sanitation efforts
Mumbai, May 28 - Asset manager SBICAP Ventures Ltd on Tuesday announced investment in climate-tech company Solinas, which provides robotic and AI solutions for the water and sanitation industry, but did not disclose the sum.
Samsung stares at 1st-ever workers’ strike over stalled wage negotiations
Seoul, May 29 - Unionised workers of Samsung Electronics said on Wednesday they plan to go on a strike amid stalled wage negotiations.
Govt fine-tuning new strategy on free trade pacts
New Delhi, May 28 - Ministry of Commerce and Industry has chalked out a new strategy for negotiations in Free Trade Agreements (FTAs) which will lay greater emphasis on economic assessment and modelling of FTAs, services and digital trade in FTAs, and leverage
Can Byju’s pay salaries on time, clear employees’ pending dues?
New Delhi, May 28 - Edtech company Byju's, which has been struggling for months to pay salaries on time to its thousands of employees and clear their pending dues, apparently has a plan to pay monthly salaries on time for at least the
Income Tax Dept issues alert on PAN-Aadhaar link deadline
New Delhi, May 28 - The Income Tax Department on Tuesday urged taxpayers who have still not linked their PAN with Aadhaar to do so before the May 31 deadline or else they will end up paying a higher tax.
OpenAI Board forms Safety and Security Committee led by Altman, others
San Francisco, May 28 - ChatGPT maker OpenAI Board has formed a Safety and Security Committee led by directors Sam Altman (CEO), Bret Taylor (Chair), Adam D’Angelo, and Nicole Seligman, the company said on Tuesday.
Sensex sheds 220 points amid profit booking; midcap, smallcap stocks hit
Mumbai, May 28 - Indian equity benchmarks closed in the red on Tuesday as investors took to profit booking before the Lok Sabha election results to be announced next week.
P&G Hygiene and Health Care appoints Mrinalini Srinivasan as new CFO
New Delhi, May 28 - Procter & Gamble (P&G) Hygiene and Health Care on Tuesday announced the appointment of Mrinalini Srinivasan as the company's Chief Financial Officer from June 29.
Samsung, Lennox join hands for HVAC business in US, Canada
Seoul, May 28 - Samsung on Tuesday said that it has agreed to set up a joint venture (JV) with a leading provider of climate solutions Lennox for a heating, ventilation and air-conditioning and refrigeration (HVAC) business in the US and Canada.
Rosneft integrates proprietary IT technologies into all aspects of its operations
New Delhi, May 28 - In today's world, digitalisation has emerged as a global trend affecting practically all industries and areas of operation.
India, Vietnam key beneficiaries as global firms scout for supply chains outside of China: Nomura
New Delhi, May 28 - As the multi-national companies recognise the importance of diversifying supply chains, India and Vietnam are the key beneficiaries as global firms are looking for supply chain alternatives outside of China, a new report by global investment bank Nomura
Global firms must tap local display manufacturing opportunities in India: Industry leaders
New Delhi, May 28 - India is set for a significant leap in local manufacturing of displays which presents a golden opportunity for global companies seeking to diversify their display supply chains beyond certain geographies, industry leaders said on Tuesday.
Lava appoints Rajesh Sethi as new Group CFO
New Delhi, May 28 - Homegrown electronics manufacturer Lava International on Tuesday announced the appointment of Rajesh Sethi as the new Group Chief Financial Officer.
80 pc Indian employers believe tech added flexibility, helped promote gender equality
New Delhi, May 28 - About 80 per cent of employers in India believe that innovation powered by technology has helped them be more flexible, promoting more gender equality, according to a new report on Tuesday.
Zoho’s Sridhar Vembu invests in homegrown drone startup Yali Aerospace
New Delhi, May 28 - London-based consumer tech brand Nothing on Tuesday announced the appointment of Vishal Bhola as President for India business.
Nothing appoints Vishal Bhola as President for India biz
New Delhi, May 28 - London-based consumer tech brand Nothing on Tuesday announced the appointment of Vishal Bhola as President for India business.
‘This is not correct’: WhatsApp head on Musk’s claims on Meta sharing user data
New Delhi, May 28 - WhatsApp head Will Cathcart on Tuesday said the claim made by X owner Elon Musk that the Meta-owned messaging platform exports your user data is "not correct."
Adani Enterprises Ltd to raise Rs 16,600 crore to expand biz
Mumbai, May 28 - Adani Enterprises Ltd (AEL) on Tuesday announced to raise Rs 16,600 crore via qualified institutional placement (QIP) or other permissible mode in one or more tranches and in accordance with the applicable laws, as it aims to aggressively expand
IIT Bombay, TCS to develop India’s 1st Quantum Diamond microchip imager
Mumbai, May 28 - The Indian Institute of Technology (IIT) Bombay on Tuesday announced a strategic partnership with IT services major Tata Consultancy Services (TCS) to develop India's first Quantum Diamond microc
For high mango yield, CISH recommends tree rejuvenation
Lucknow, May 28 - Overgrown and unproductive mango trees may get a fresh lease of life through canopy management technology developed by ICAR-Central Institute for Subtropical Horticulture (CISH), helping enhance the yield.