Sensex to become less volatile after every election phase: EAM Jaishankar

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.

Read More
Sensex closes 111 points up after intra-day volatility

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.

Read More
PhonePe’s Share.Market to introduce proprietary stock research using factor analysis

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.

Read More
IIM-Kozhikode inks MoU with French business school

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.

Read More
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.

Read More
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.

Read More
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.

Read More
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

Read More
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.

Read More
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.

Read More
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

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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,

Read More
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.

Read More
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

Read More
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.

Read More
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.

Read More