South Korea inks consumer safety pacts with China’s AliExpress, Temu
Seoul, May 13 - The South Korean antitrust regulator said on Monday it signed agreements with the Chinese retail platforms AliExpress and Temu meant to prevent them from selling harmful products and to better protect consumers.
Adani Defence & Aerospace joins IIT Gandhinagar to bolster defence sector with new-age tech
Gandhinagar, May 13 - In a bid to foster collaboration in research, education, and innovation in defence technology, the Indian Institute of Technology Gandhinagar (IITGN) on Monday joined hands with Adani Defence & Aerospace, a subsidiary of Adani Group, to collaborate in areas
Malaysia’s natural rubber production falls 9.2 pct in March
Kaula Lumpur, May 13 - Malaysia's natural rubber production decreased by 9.2 per cent in March to 26,966 tons as compared to 29,691 tons in February, official data showed Monday.
India’s CPI inflation eases to 11-month low of 4.83 pc in April
New Delhi, May 13 - India’s consumer price inflation eased to an 11-month low of 4.83 per cent in April, bringing more relief to household budgets, figures released by the Ministry of Statistics showed on Monday.
Where will funds for Congress’ ‘Khata-Khat’ schemes come from, asks Nirmala Sitharaman
New Delhi, May 13 - Finance Minister Nirmala Sitharaman on Monday fired a fresh salvo against Rahul Gandhi and the Congress, for making “lofty promises disconnected with reality” during the Lok Sabha poll campaign without explaining where the huge funds to finance these
Musk’s Tesla regains top position in battery EV sales despite YoY decline
New Delhi, May 13 - Elon Musk-run Tesla has regained the top position in BEV (battery electric vehicle) sales in the first quarter (Q1) of 2024, despite a 9 per cent (year-on-year) decline, a new report showed on Monday.
Hero MotoCorp becomes first auto firm to join government’s ONDC Network
New Delhi, May 13 - Strengthening the Digital India mission, two-wheeler giant Hero MotoCorp on Monday said that it has joined the government-run Open Network for Digital Commerce (ONDC) Network, becoming the first auto company in the country to join the network.
MapmyIndia logs 35 pc PAT growth in FY24, new order bookings up 63 pc
New Delhi, May 13 - Homegrown geospatial software provider MapmyIndia on Monday reported operating revenue of Rs 379.4 crore in FY24, up 35 per cent (year-on-year).
Sensex to become less volatile after every election phase: EAM Jaishankar
Mumbai, May 13 - As more election rounds get completed in the seven-phase Lok Sabha election, the Indian markets will become less and less volatile, External Affairs Minister (EAM) S. Jaishankar said here on Monday.
Sensex closes 111 points up after intra-day volatility
Mumbai, May 13, - The Sensex and Nifty closed at a day high on Monday, after falling almost one per cent in the morning hours.
PhonePe’s Share.Market to introduce proprietary stock research using factor analysis
New Delhi, May 13 - Share.Market, a PhonePe product, brings forth the Intelligence Layer on Stocks -- an in-depth quantitative factor-based analysis of each stock, a first-of-its-kind in the discount broking industry.
IIM-Kozhikode inks MoU with French business school
Kozhikode (Kerala) May 13 - Indian Institute of Management-Kozhikode (IIM-K) has inked an MoU (Memorandum of Understanding) with Emlyon Business School, Lyon, France for academic collaboration.
Zomato’s Blinkit turns adjusted EBITDA positive, aims 1,000 stores in FY25
New Delhi, May 13 - Zomato on Monday said that its quick commerce business Blinkit turned adjusted EBITDA positive in March, as the online food delivery platform clocked Rs 194 crore in adjusted EBITDA for the January-March quarter of FY24.
Toyota pips Hyundai Motor to capture top spot in Q1 global hydrogen car sales
Seoul, May 13 - South Korea's top automaker Hyundai Motor has slipped to second place in global hydrogen vehicle sales in the first quarter (Q1), data showed on Monday.
Led by Adani Group, India saw robust deal-making activity in April: Report
New Delhi, May 13 - India Inc saw robust deal-making activity in April, with three major domestic consolidations by the Adani Group valued at $2 billion, representing 38 per cent of the total deal values, a new report showed on Monday.
Picking China over India will rob Musk: Entrepreneur Vivek Wadhwa
New Delhi, May 13 - Indian-American academic, entrepreneur and author Vivek Wadhwa on Monday said that he had warned the Tesla and SpaceX CEO Elon Musk not to pick China as they would "rob him blind" and instead asked him to consider moving
Over 100 million Indians can get gigabit connectivity by 2030 with robust digital infrastructure
New Delhi, May 13 - As India continues to build a robust and resilient core digital infrastructure, the country can achieve gigabit connectivity to all households or at least 100-110 million households by 2030, industry experts have said.
Airtel, Google Cloud join hands to deploy GenAI solutions in India
New Delhi, May 13 - Bharti Airtel and Google Cloud on Monday entered into a long-term partnership to accelerate cloud adoption and deploy generative artificial intelligence (GenAI) solutions in India.
Apple deepening its India ecosystem with building network of local vendors: Union Minister
New Delhi, May 13 - Union Minister and BJP candidate from Thiruvananthapuram, Rajeev Chandrasekhar, on Monday, said that with the production-linked incentive (PLI) scheme now well in place, global tech giants like Apple are deepening their ecosystems by building a network of local
Singapore airport retailer selected to run duty-free outlets at Noida airport
New Delhi, May 13 - The famous Heinemann group, which operates retail outlets at Singapore’s Changi airport as well as the Hong Kong and Auckland airports, has been selected to run the duty-free shops at the Noida International Airport.