Healthcare platform RED.Health secures $20 mn led by Jungle Ventures

Healthcare platform RED.Health secures $20 mn led by Jungle Ventures

New Delhi, May 15 - Healthcare platform RED.Health on Wednesday said it has raised $20 million in its Series B funding led by Jungle Ventures.

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Sensex up 162 points after opening flat

Sensex up 162 points after opening flat

Mumbai, May 15 - Indian benchmark indices inched higher on Wednesday, following positive global cues.

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Samsung envisions advanced AI-connected life at home

Samsung envisions advanced AI-connected life at home

Seoul, May 15 - Samsung said on Wednesday it will lead the South Korean home appliances market with an advanced artificial intelligence (AI) solution designed to connect all smart devices, simplifying domestic chores and reducing the time and effort required.

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Apple prevented over $7 billion in fraudulent transactions on App Store in 4 years

Apple prevented over $7 billion in fraudulent transactions on App Store in 4 years

New Delhi, May 15 - Apple prevented over $7 billion in potentially fraudulent transactions on its App Store in the last four years, the company has informed.

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WPI to be around 3 per cent in FY 25, say economists

WPI to be around 3 per cent in FY 25, say economists

Chennai, May 15 - The Wholesale Price Index (WPI) is expected to be in the region of 2-3 per cent over the next two quarters and average at around 3 per cent for FY25, top economists at two credit rating agencies said as

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Google introduces lightweight Gemini AI model, video generation AI & more

Google introduces lightweight Gemini AI model, video generation AI & more

New Delhi, May 14 - Google on Tuesday introduced several updates across the Gemini family of artificial intelligence (AI) models, including the new 1.5 Flash which is a lightweight AI model for speed and efficiency.

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Govt showcases India as a 365-day tourist destination at IMEX Frankfurt

Govt showcases India as a 365-day tourist destination at IMEX Frankfurt

New Delhi, May 14 - The Union Ministry of Tourism is participating in IMEX, Frankfurt from 14th-16th May 2024 to showcase India as a leading MICE (meetings, incentives, conferences and exhibitions tourism) destination to the global market.

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AWS CEO Adam Selipsky steps down, Matt Garman to head Amazon’s cloud arm

AWS CEO Adam Selipsky steps down, Matt Garman to head Amazon’s cloud arm

New Delhi, May 14 - Amazon Web Services (AWS) CEO Adam Selipsky has stepped down from his position, its parent company Amazon confirmed on Tuesday.

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Pune GST Intelligence busts multi-state fake input tax credit scam worth Rs 145 crore

Pune GST Intelligence busts multi-state fake input tax credit scam worth Rs 145 crore

Pune, May 14 - In a major breakthrough, the Pune zonal unit of the Directorate General of GST Intelligence (DGGI) has busted a multi-state fake input tax credit (ITC) racket worth over Rs 145 crore and arrested one person from Rajasthan, official sources

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Colgate-Palmolive Q4 net profit jumps 20 pc to Rs 380 crore

Colgate-Palmolive Q4 net profit jumps 20 pc to Rs 380 crore

Mumbai May 14 - Colgate-Palmolive reported a 20 per cent jump in consolidated net profit at Rs 379.82 crore for the Jan-March quarter of 2023-24 compared to the same period last year.

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More Indians investing in stocks, household savings need to be protected: FM Sitharaman

More Indians investing in stocks, household savings need to be protected: FM Sitharaman

Mumbai, May 14 - Union Finance Minister Nirmala Sitharaman said on Tuesday that more and more Indians are now investing in stock markets and their household savings must be protected with robust guardrails.

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Apollo Tyres Q4 net profit dips 14 pc

Apollo Tyres Q4 net profit dips 14 pc

New Delhi, May 14 - Apollo Tyres on Tuesday reported a 13.7 per cent decline in net profit at Rs 354 crore for the Jan-March quarter of 2023-24 compared with the corresponding figure of Rs 410.30 crore for the same period of the

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Qualcomm unveils powerful Snapdragon chip with GenAI support in India

Qualcomm unveils powerful Snapdragon chip with GenAI support in India

New Delhi, May 14 - Global chip-maker Qualcomm on Tuesday unveiled the Snapdragon 8s Gen 3 Mobile Platform in India that includes support for on-device generative AI features.

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Amazon pumps Rs 1,600 crore into its India arm as e-commerce battle intensifies

Amazon pumps Rs 1,600 crore into its India arm as e-commerce battle intensifies

New Delhi, May 14 - E-commerce giant Amazon has pumped Rs 1,600 crore into its India arm, Amazon Seller Services, a regulatory filing by the company has shown.

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Siemens board approves demerger of energy business into separate listed entity

Siemens board approves demerger of energy business into separate listed entity

Mumbai, May 14 - The Board of Directors of Siemens Limited, the Indian subsidiary of German technology giant Siemens AG, on Tuesday approved the proposal to demerge its energy business into a separate legal entity – Siemens Energy India Limited.

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Airtel registers 31 pc decline in Q4 net profit

Airtel registers 31 pc decline in Q4 net profit

New Delhi, May 14 - Telecom major Bharti Airtel on Tuesday reported a 31 per cent decline in its consolidated net profit at Rs 2,072 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs 3,006 crore in the

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Political stability first criteria for robust markets and PM Modi guarantees that: FM Sitharaman

Political stability first criteria for robust markets and PM Modi guarantees that: FM Sitharaman

Mumbai, May 14 - Financial markets play a crucial role in capital mobilisation and allocation, and the stability of government is the first criterion for the Indian stock indices to make a difference to the growing economy, Finance Minister Nirmala Sitharaman said here

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Adobe to offer Experience Platform-based applications via data centre in India

Adobe to offer Experience Platform-based applications via data centre in India

New Delhi, May 14 - Keeping with India's data localisation norms, software major Adobe on Tuesday said that its Experience Platform-based applications will be available for enterprise customers via an India data centre later in the year.

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Sensex up 328 points, metal and energy stocks lead the rally

Sensex up 328 points, metal and energy stocks lead the rally

Mumbai, May 14 - Indian stock indices gained on Tuesday amid mixed global cues. This is the 3rd consecutive session marked closed in green.

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68 pc Indian firms rely on tech to drive sustainability success: Report

68 pc Indian firms rely on tech to drive sustainability success: Report

New Delhi, May 14 - About 68 per cent of organisations in India rely on technology to drive sustainability success, fueled by customer demand, a new report said on Tuesday.

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