14 global tech giants adopt pledge on ‘responsible’ development of AI
Seoul, May 22 - A group of South Korean and global tech companies adopted a joint pledge on Wednesday, vowing to responsibly develop and use artificial intelligence (AI) and to address social challenges with the technology
Paytm reports 3 pc decline in Q4 revenue at Rs 2,267 crore
New Delhi, May 22 - Payment and financial services company Paytm on Wednesday reported 3 per cent decline in its revenue for the fourth quarter of FY24 to Rs 2,267 crore.
Telangana to unveil policies for six industrial sectors
Hyderabad, May 21 - The Telangana government will formulate six new policies for industrial development, including one for the MSME sector and one for exports, it was announced on Tuesday.
Air India Express union seeks CLC’s intervention amid operations woes
New Delhi, May 21 - The Air India Express Employees Union (AIXEU) on Tuesday sought the Delhi Chief Labour Commissioner's intervention in the ongoing operations issues in the airline.
Widespread 5G spectrum availability to add $27 billion to India’s GDP: GSMA
New Delhi, May 21 - The widespread availability of spectrum for 5G is likely to contribute about $27 billion to India's gross domestic product (GDP) by 2030, a GSMA report said on Tuesday.
IndiGo flight delayed after crew spots overbooked passenger standing at the back
Mumbai, May 21 - In an unusual turn of events on Tuesday, an IndiGo flight operating from Mumbai to Varanasi was forced to return to the aerobridge at the Chhatrapati Shivaji Maharaj International Airport (CSMIA) after the crew spotted an overbooked passenger in
JK Tyre clocks 56 pc jump in Q4 net profit, declares dividend of Rs 3.50 per share
Mumbai, May 21 - JK Tyre & Industries Ltd on Tuesday reported a 56 per cent jump in its consolidated net profit at Rs 169.33 crore for the January-March quarter of 2023-24
Google’s parent company Alphabet earned over Rs 2.5 lakh per second in Q1
New Delhi, May 21 - After seeing its net profit drop by almost 35 per cent in 2022 due to inflation and advertisers' pullbacks, Google's parent, Alphabet, has been on a trajectory of growth for the past year and a half, earning $3,042
Food regulator finds no trace of ethylene oxide in Indian spices
New Delhi, May 21 - Amid the global furore over the alleged presence of a "cancer-causing substance" in certain spices from India, the Food Safety and Standards Authority of India (FSSAI) has cleared more than a dozen samples of spices from MDH and
Gold price reaches Rs 74,000
Mumbai, May 21 - Gold prices have been booming for the last few months. According to the Indian Bullion Jewelers Association (IBJA), the price of 10 grams of 24-carat gold increased to Rs 74,220 per 10 grams on Tuesday, which was Rs 73,383
World sees India on cusp of economic take-off: RBI report
Mumbai, May 21 - Internationally there is a growing optimism that India is on the cusp of a long-awaited economic take-off, according to the RBI’s monthly bulletin released on Tuesday.
India leads 29 nations on consumer sentiments amid resilient economy, job growth
New Delhi, May 21 - As the Indian economy shows a lot of resilience amid an uptick in job growth, consumer sentiments went up in India in the month of May as the country continued to lead 29 countries with the highest national
Organisers expecting biggest-ever turnout at Kerala Travel Mart 2024
Kochi, May 21 - Kerala is gearing up to hold the 12th edition of its premier tourism event -- Kerala Travel Mart (KTM-2024) -- starting September 26 with the organisers expecting the biggest-ever turnout.
BHEL Q4 net profit declines 25 pc at Rs 484 crore
New Delhi, May 21 - Government-owned Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25 per cent decline in net profit at Rs 484 crore for the January-March quarter of 2023-2024 compared to the corresponding figure of Rs 645 crore in the
Baggage delivery time improved significantly at major airports: BCAS
New Delhi, May 21 - The Bureau of Civil Aviation Security (BCAS) on Tuesday claimed substantial enhancement in baggage delivery systems at the major airports across the country.
Vodafone Idea to raise Rs 2,075 crore via preferential share allotment to AB Group
Mumbai, May 21 - Telecom operator Vodafone Idea (Vi) on Tuesday announced it will raise up to Rs 2,075 crore from Oriana Investments (Aditya Birla Group entity) via a preferential share issue.
Clocked 1.6 times growth in grocery biz, over half deliveries via EVs: Flipkart
Bengaluru, May 21 - As online grocery delivery market surges in the country, e-commerce platform Flipkart on Tuesday said it has clocked 1.6 times growth (year-on-year) in its grocery business, with more than half of deliveries being carried out using electric vehicles (EVs).
Sensex closes on flat note, Nifty holds 22,500 level
Mumbai, May 21 - Indian equity benchmarks closed on a flat note on Tuesday following sideways trading in the market.
BMW launches new motorcycle in India at Rs 22.5 lakh
New Delhi, May 21 - German luxury vehicle manufacturer BMW on Tuesday launched a new motorcycle -- S 1000 XR, in India at Rs 22,50,000 (ex-showroom price).
EU agrees to use frozen Russian assets for Ukraine’s defence
Brussels, May 21 - The Council of the European Union (EU) announced on Tuesday that ministers from EU member states have agreed to use proceeds from frozen assets of the Central Bank of Russia (CBR) to support Ukraine's military efforts, reports Xinhua News