Musk meets Sri Lankan President in Indonesia, discusses Starlink implementation

Musk meets Sri Lankan President in Indonesia, discusses Starlink implementation

New Delhi, May 19 (- Tesla and SpaceX CEO Elon Musk on Sunday met Sri Lankan President Ranil Wickremesinghe in Indonesia during the 10th World Water Forum, Sri Lankan President's Media Division (PMD) said

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AWS, Microsoft Azure, Google Cloud now dominate 66 per cent of global Cloud spending

AWS, Microsoft Azure, Google Cloud now dominate 66 per cent of global Cloud spending

New Delhi, May 18 - As artificial intelligence (AI) becomes a key demand driver for cloud investment, Amazon Web Services (AWS), Microsoft Azure and Google Cloud collectively grew by 24 per cent, accounting for 66 per cent of total spending in the first

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Digital Competition Bill: Strengthen existing regulatory bodies like CCI, NCLAT, says Nasscom

Digital Competition Bill: Strengthen existing regulatory bodies like CCI, NCLAT, says Nasscom

New Delhi, May 18 - As India aims to adopt the Digital Competition Bill to curb anti-competitive practices of Big Tech companies and foster domestic innovation, IT industry's apex body Nasscom has said that it is also important to strengthen the existing regulatory

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India needs to forge global partnerships in shaping telecom standards: Industry stakeholders

India needs to forge global partnerships in shaping telecom standards: Industry stakeholders

New Delhi, May 18 - The country needs to forge global partnerships and align with international best practices in telecommunications standards, industry stakeholders have said, as India prepares to host World Telecommunication Standardisation Assembly (WTSA) in October.

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India to contribute about 30 pc of global GDP growth between 2035-2040: Amitabh Kant

India to contribute about 30 pc of global GDP growth between 2035-2040: Amitabh Kant

New Delhi, May 18 - India is likely to contribute 30 per cent of the global gross domestic product (GDP) between 2035-2040, G20 Sherpa and former NITI Aayog CEO Amitabh Kant said here on Saturday.

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India to regain its share in global trade on back of sustained growth rates: DPIIT Secretary

India to regain its share in global trade on back of sustained growth rates: DPIIT Secretary

New Delhi, May 18 - In 2012, India was at 11th place in the world GDP rankings and today, the country is at the fifth position -- jumping six places in the last decade or so and it is only inevitable that we

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India hot investment destination for Western corporate giants: UN report

India hot investment destination for Western corporate giants: UN report

New Delhi, May 18 - India has become an alternative investment destination for many Western companies, according to the latest World Economic Situation and Prospects report of the UN.

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Sensex, Nifty extend winning streak in special trading sessions, TCS & Nestle lead

Sensex, Nifty extend winning streak in special trading sessions, TCS & Nestle lead

Mumbai, May 18 - The special trading sessions on Saturday saw Indian equity markets extending their winning streak as the benchmark indices ended higher on both of the special sessions.

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Nestle India shareholders reject proposal to hike royalty to Swiss parent

Nestle India shareholders reject proposal to hike royalty to Swiss parent

Mumbai, May 18 - Nestle India shareholders have rejected a proposal of the company’s board of directors to increase royalty payments to its Swiss parent Nestle S.A., according to a regulatory filing by the company.

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Oyo to refile its IPO papers post-refinancing existing loan

Oyo to refile its IPO papers post-refinancing existing loan

New Delhi, May 18 - Hospitality major Oyo will refile its initial public offering (IPO) papers with markets regulator Securities and Exchange Board of India (SEBI) after refinancing its existing $450 million Term Loan B (TLB) at a lower interest rate.

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Stock market special session today, Sensex jumps 120 points

Stock market special session today, Sensex jumps 120 points

Mumbai, May 18 - Indian equity indices opened in green on Saturday, following positive global cues.

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AI-driven sustainable development needs tech deployment across economic, social sectors: DoT

AI-driven sustainable development needs tech deployment across economic, social sectors: DoT

New Delhi, May 18 - Sustainable development, driven by Artificial Intelligence (AI) will require technology deployment across economic and social sectors, Dr Neeraj Mittal, Telecommunications Secretary, has said.

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Women break through glass ceiling at IndiaSkills 2024

Women break through glass ceiling at IndiaSkills 2024

New Delhi, May 17 - The IndiaSkills Competition 2024, which is underway from May 15-19 at Yashobhoomi convention centre in Dwarka has been witnessing increased participation of women in trades that were previously dominated by men.

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Govt eyes hydrogen-based process for steel production to cut carbon emissions

Govt eyes hydrogen-based process for steel production to cut carbon emissions

New Delhi, May 17 - Secretary, Ministry of Steel, Nagendra Nath Sinha said on Friday that the government is working on introducing a green hydrogen-based process in the steel industry where the iron will be directly reduced with 100 per cent hydrogen, resulting

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Delhivery posts Rs 69 crore net loss in Jan-March quarter, CBO Sandeep Barasia quits

Delhivery posts Rs 69 crore net loss in Jan-March quarter, CBO Sandeep Barasia quits

New Delhi, May 17 - Integrated supply chain services provider Delhivery on Friday reported a net loss of Rs 69 crore in the January-March quarter, down from Rs 159 crore in the same quarter a year ago.

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JSW Steel to buy coking coal mine in Mozambique for $73.75 million

JSW Steel to buy coking coal mine in Mozambique for $73.75 million

Mumbai, May 17 - JSW Steel on Friday said that its board of directors have approved the acquisition of mining company Minas de Revuboe (MDR) in Mozambique to secure supplies of high-quality coking coal used for steel production.

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SRK gets friendship ultimatum from Karan Johar in leaked clip

SRK gets friendship ultimatum from Karan Johar in leaked clip

Mumbai, May 17 - A leaked video of Bollywood filmmaker Karan Johar in conversation with superstar Shah Rukh Khan has surfaced on the Internet, sending the fans into a tizzy on what’s putting pressure on their friendship.

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India forex reserves surge by $2.56 bn to $644.15 bn

India forex reserves surge by $2.56 bn to $644.15 bn

Mumbai, May 17 - India’s foreign exchange reserves surged by $2.56 billion to $644.15 billion during the week ended May 10, the latest data released by the RBI showed on Friday.

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Wipro appoints Sanjeev Jain as COO as Amit Choudhary moves on

Wipro appoints Sanjeev Jain as COO as Amit Choudhary moves on

New Delhi, May 17 - IT services major Wipro on Friday announced the appointment of Sanjeev Jain as the Chief Operating Officer (COO) with immediate effect.

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Gujarat CM discusses future collaborations with German Consul General

Gujarat CM discusses future collaborations with German Consul General

Gandhinagar, May 17 - The Consul General of Germany, Achim Fabig, who is based out of Mumbai, was in Gandhinagar on Friday.

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