Zomato’s Blinkit turns adjusted EBITDA positive, aims 1,000 stores in FY25

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.

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Toyota pips Hyundai Motor to capture top spot in Q1 global hydrogen car sales

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.

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Led by Adani Group, India saw robust deal-making activity in April: Report

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.

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Picking China over India will rob Musk: Entrepreneur Vivek Wadhwa

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

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Over 100 million Indians can get gigabit connectivity by 2030 with robust digital infrastructure

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.

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Airtel, Google Cloud join hands to deploy GenAI solutions in India

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.

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Apple deepening its India ecosystem with building network of local vendors: Union Minister

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

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Singapore airport retailer selected to run duty-free outlets at Noida airport

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.

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Paytm focuses on UPI Lite Wallet for low-value daily payments

Paytm focuses on UPI Lite Wallet for low-value daily payments

New Delhi, May 13 - One97 Communications Limited (OCL), which owns leading payments and financial services company Paytm, on Monday, said that it is now focusing on UPI Lite wallet to move the users who prefer wallet for low-value everyday payments.

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Manufacturing, retail sectors join tech hiring wave in India: Report

Manufacturing, retail sectors join tech hiring wave in India: Report

Bengaluru, May 13 - Driven by various government initiatives like ‘Make in India’ and production-linked incentive (PLI) schemes, the manufacturing sector, along with retail, have joined the tech hiring wave in the country, a report showed on Monday.

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Musk gets court reprieve in fight against Australian govt, says not trying to win anything

Musk gets court reprieve in fight against Australian govt, says not trying to win anything

New Delhi, May 13 - Tesla CEO Elon Musk, on Monday, won over the Australian government after a court overturned a legal block by the country's regulator directing the removal of footage of a stabbing attack in Sydney on X social media platform.

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South Korea to infuse over $7.2 billion in domestic chip industry

South Korea to infuse over $7.2 billion in domestic chip industry

Seoul, May 13 - South Korea will push to set up a package worth over 10 trillion won ($7.28 billion) to support the chip industry as part of efforts to boost the competitiveness of the critical industry and to prop up economic growth,

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EVs, green hydrogen to propel India’s journey towards net-zero target by 2070: Experts

EVs, green hydrogen to propel India’s journey towards net-zero target by 2070: Experts

New Delhi, May 12 - The faster adoption of electric vehicles (EVs), the National Hydrogen Mission and other such initiatives will propel India's journey towards a net-zero target by 2070, eminent scientists and thought leaders have said.

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Indian tech leaders stand behind Ola’s Bhavish in his fight against Microsoft & LinkedIn

Indian tech leaders stand behind Ola’s Bhavish in his fight against Microsoft & LinkedIn

New Delhi, May 12 - Indian tech industry leaders have come out in support of Ola Founder and CEO, Bhavish Aggarwal, after his tirade against Microsoft-owned LinkedIn for deleting his posts and "bullying Indians" into agreeing with the Big Tech platforms or cancelling

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Meta ‘super greedy’ at claiming credit for ad campaigns: Elon Musk

Meta ‘super greedy’ at claiming credit for ad campaigns: Elon Musk

New Delhi, May 12 - Tesla and SpaceX CEO Elon Musk on Sunday said that Mark Zuckerberg-run Meta is "super greedy" at taking credit for advertisers who run campaigns on its platform.

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Hyundai Motor beats Volkswagen in Q1 operating profit

Hyundai Motor beats Volkswagen in Q1 operating profit

Seoul, May 12 - South Korea's Hyundai Motor Group beat Volkswagen Group to rank second after Toyota Group in operating profit for the January-March period, their earnings data showed on Sunday.

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Tripura Gramin Bank secures 2nd position among 43 Regional Rural Banks in India

Tripura Gramin Bank secures 2nd position among 43 Regional Rural Banks in India

Agartala, May 11 - The Tripura Gramin Bank (TGB) has secured the second position in terms of business, growth, and diverse performance among 43 Regional Rural Banks (RRBs) in India, registering a profit of Rs 27.92 crore after doing business of Rs 12,398.55

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Platforms like Linkedin will bully Indians into agreeing with them or cancel us out: Ola CEO

Platforms like Linkedin will bully Indians into agreeing with them or cancel us out: Ola CEO

New Delhi, May 11 - In a hard-hitting post, Ola Founder and CEO Bhavish Aggarwal on Saturday said that Big Tech platforms like LinkedIn will bully Indians into agreeing with them or cancel them out and if they can do this to him,

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1 in 3 executives to leave job if asked to return to office globally: Report

1 in 3 executives to leave job if asked to return to office globally: Report

New Delhi, May 11 - As most organisations globally implement return-to-office (RTO) policies, there is still resistance among employees and one in three of the executives presented with a RTO obligation say they will leave their current employer for that reason.

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Ola CEO Bhavish Aggarwal decides to ditch Microsoft Cloud after LinkedIn saga

Ola CEO Bhavish Aggarwal decides to ditch Microsoft Cloud after LinkedIn saga

New Delhi, May 11 - Taking on Satya Nadella-run Microsoft after a frustrated experience with LinkedIn, Ola Founder and CEO Bhavish Aggarwal on Saturday announced to leave the tech giant’s Azure cloud services and move the entire workload of his company to his

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