ITC’s Hotel Group expands in Rajasthan with ‘Mementos Jaipur’
New Delhi, May 27 - ITC’s Hotel Group announced the opening of Mementos by ITC Hotels, Jaipur, its second Mementos property in India, after Mementos Udaipur.
Fitch sees big RBI dividend to govt as positive for India’s rating
New Delhi, May 27 - Global rating agency Fitch views the larger-than-expected Reserve Bank of India (RBI) dividend of Rs 2.1 lakh crore to the government, announced last week, as positive for India’s sovereign rating fundamentals.
Hyundai Motor installs EV charging station in Chennai, plans 100 facilities in Tamil Nadu
New Delhi, May 27 - Automaker Hyundai Motor India on Monday inaugurated its first 180 kW (kilowatts) DC fast public electric-powered vehicles (EV) charging station in Chennai, comprising 150 kW & 30 kW connectors.
Cybercriminals launched on avg 9K online attacks on Indian firms per day in 2023: Report
New Delhi, May 27 - Cybercriminals launched an average of nearly 9,000 online attacks targeting Indian businesses per day in 2023, a new report revealed on Monday.
NSE to launch one paisa ticket size for stocks below Rs 250 from June 10
Mumbai, May 27 - The National Stock Exchange is set to launch a new one paisa ticket for stocks below the trading price of Rs 250 per share, according to the NSE circular.
Zypp Electric raises $15 mn to expand company’s fleet, domestic operations
New Delhi, May 27 - Tech-enabled EV-as-a-service platform Zypp Electric said on Monday that it raised $15 million to expand the company's fleet from 21,000 to 2,00,000 electric scooters and domestic operations to 15 cities across the country by 2026.
BluSmart launches new ‘charge’ app to meet diverse EV customer needs
New Delhi, May 27 - Homegrown electric vehicle (EV) company BluSmart on Monday launched a new app -- 'BluSmart Charge' on Google Play Store and Apple App Store to meet diverse EV customer needs.
Musk’s AI firm xAI raises $6 bn to boost research, development of future tech
New Delhi, May 27 - Elon Musk-run artificial intelligence (AI) company xAI said on Monday that it raised $6 billion to accelerate the research and development of future technologies.
PhonePe’s Pincode partners with Simpli Namdhari’s in Bengaluru to tap wider customer base
Bengaluru, May 27 - Homegrown store-first commerce app Pincode by PhonePe on Monday announced it has partnered with Simpli Namdhari’s – India’s only 100 per cent veg omni-channel retailer — to help reach a larger online customer base.
Hyundai Glovis to adopt emission reduction system for PCTCs from next year
Seoul, May 27 - Hyundai Glovis, the logistics unit of Hyundai Motor Group, said on Monday it has signed a deal with Stax Engineering to adopt an emission reduction system for its pure car and truck carriers (PCTCs) as part of efforts to
Docking of largest container ship shows Mundra Port’s unmatched capabilities: Karan Adani
New Delhi, May 26 - The docking of the largest container ship ever at an Indian port highlights Mundra's unmatched capabilities and a testimony to the company’s nation-building efforts, Karan Adani, Managing Director, Adani Ports and Special Economic Zone (APSEZ), said on Sunday.
WIPO treaty a huge win for India, Global South: Ministry
New Delhi, May 26 - The World Intellectual Property Organisation (WIPO) treaty on intellectual property, Genetic resources (GRs) and associated traditional knowledge (ATK), is a significant win for countries of the Global South and for India, Ministry of Commerce & Industry said on
Hyundai Mobis to expand investment in EV parts, automotive chips
Seoul, May 26 - Hyundai Mobis, South Korea's leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year.
Largest container ship ever to arrive in India docks at Adani’s Mundra Port
Ahmedabad, May 26 - Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd (APSEZ), has created yet another record by welcoming the largest container ship ever to call at an Indian port, the company announced on Sunday.
BharatPe, PhonePe settle trademark dispute on using ‘Pe’ suffix
Bengaluru, May 26 - The BharatPe Group and PhonePe Group on Sunday announced that they have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix "Pe".
Musk’s X has paid over $50 million in ad sharing to 150K creators: CEO
New Delhi, May 26 - Elon Musk-run X has paid more than $50 million in ad sharing to creators on its “video-first” platform, its CEO Linda Yaccarino has announced.
Homegrown HireMee helps 7 lakh small-town youth receive talent assessment for free
Bengaluru, May 26 - Indian edtech platform HireMee has helped over 7,00,000 talented small-town youth get assessed at no cost by assessing them free of cost and connecting them with potential employers, the company said on Sunday.
Google plans India manufacturing after introducing industry-leading Pixel 8a
New Delhi, May 26 - Google, which just launched its new device Pixel 8a with industry-leading features, is apparently looking at India to manufacture its smartphones via investing billions of dollars.
KFintech appoints ex-Kotak Mahindra Bank veteran C. Jayaram as Independent Director
New Delhi, May 25 - Hyderabad-based KFin Technologies Limited on Saturday announced it has appointed former Kotak Mahindra Bank joint managing director, Chengalath Jayaram, as an Independent Director.
Divi’s Labs Q4 net profit jumps over 67 pc, declares dividend of Rs 30 per share
Mumbai, May 25 - Pharma major Divi’s Laboratories Ltd on Saturday reported a 67.6 per cent jump in its consolidated net profit to Rs 538 crore for the Jan-March quarter of 203-24 compared to the corresponding figure of Rs 321 crore in the