Tesla to invest over $500 mn on Supercharger network expansion
New Delhi, May 10 - Tesla CEO Elon Musk on Friday said that the company will be investing more than $500 million in its Supercharger network to create thousands of new chargers in 2024.
Cipla Q4 net profit surges by 79 pc, declares dividend of Rs 13 per share
Mumbai, May 10 - Pharma major Cipla on Friday reported a 78.5 per cent surge in net profit to Rs 939 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs 525 crore for the same period last year.
Netweb opens high-end computing system manufacturing facility in India, to create hundreds of jobs
New Delhi, May 10 - In line with the government's 'Make in India' initiative, technology solutions provider Netweb Technologies on Friday inaugurated a high-end computing servers, storage and switch manufacturing facility in the country.
South Korean ministry voices regret on Japan’s ‘pressure’ over Line messenger
Seoul, May 10 - The science ministry on Friday expressed regret over the Japanese government's "pressure" over the Line messenger app, saying that Seoul would "strongly and sternly" take measures against Tokyo's move against the popular app developed by Naver, South Korea's biggest
Indians buying luxury homes more than ever, affordable housing sees 20 pc dip: Report
New Delhi, May 10 - Luxury and premium home sales surged in India in the last five years -- from 7 per cent sales in Q1 2019 to 21 per cent in Q1 2024 -- while affordable housing saw a 20 per cent
How 10-minute delivery platforms struck a chord with young Indian consumers
New Delhi, May 10 - As quick commerce (QC) companies strike a chord with consumers in the country, particularly the urban digital natives, such platforms have found good product market fit in metros and large cities and are now gradually expanding their presence
Homegrown GenAI platform Hanooman now live in 98 languages
New Delhi, May 10 - Abu Dhabi-based AI investment firm 3AI Holding Limited and SML India on Friday launched the generative artificial intelligence (GenAI) platform Hanooman in 98 global languages, including 12 Indian languages.
Audi launches two new cars under its Bold Edition in India
New Delhi, May 10 - German luxury car manufacturer Audi on Friday launched two new cars under its Bold Edition -- Q3 and Q3 Sportback, in India.
Sensex up by 466 points, Nifty climbs over 22,050
Mumbai, May 10 - Indian stock indices are in green on Friday, after a range-bound opening. At 9:50 a.m., Sensex was up by 466 points, or 0.64 per cent at 72,871 points, and Nifty was up by 138 points, or 0.64 per cent
India on the cusp of becoming a global tech powerhouse: Industry leaders
New Delhi, May 10 - With its burgeoning tech ecosystem and emphasis on harnessing the power of artificial intelligence (AI), India is on the cusp of becoming a global tech powerhouse, industry leaders said on Friday, ahead of the National Technology Day that
25 terminated Air India Express employees reinstated as Chief Labour Commissioner steps in
New Delhi, May 9 - A total of 25 cabin crew members of Air India Express who were terminated after they reported sick on Tuesday and Wednesday have been reinstated following a meeting at the office of the Chief Labour Commissioner (CLC) between
Airbus’ defence, space arm to launch research centre in S. Korea
Seoul, May 10 - The industry ministry here said on Friday that it has signed a memorandum of understanding with Airbus SE for the European aerospace giant to launch a new research and development (R&D) centre in South Korea.
Post full-length movies on X, ‘AI Audiences’ coming soon: Elon Musk
New Delhi, May 10 - Tesla and SpaceX CEO Elon Musk, on Friday, said that subscribed users can post movies, TV series or podcasts on the platform and earn money via monetisation.
Dell discloses data breach of some customers’ names, physical addresses
New Delhi, May 9 - Tech giant Dell Technologies on Thursday admitted that it experienced a data breach that exposed some customers’ names and physical addresses.
Finance Ministry hosts workshop on best AI practices for bank chiefs
New Delhi, May 9 - The Finance Ministry on Thursday held a workshop for CEOs and MDs of 12 public sector banks and other financial institutions to provide them with insights into the best practices for AI adoption and risk mitigation in the
BPCL declares 1:1 bonus share issue, Q4 profit declines 30 per cent
New Delhi, May 9 - Bharat Petroleum Corporation Limited (BPCL) on Thursday reported a 30 per cent decline in consolidated net profit of Rs 4,789.57 crore for the January-March quarter financial year 2023-24 compared to the corresponding figure of Rs 6,870.47 crore in
Paytm refutes reports on invoking loan guarantees due to repayment defaults by lending partners
New Delhi, May 9 - Fintech services major Paytm on Thursday refuted media reports claiming about invoking loan guarantees due to repayment defaults by the company's lending partners.
Double-digit growth propels India’s technical textiles industry to world’s 5th rank
New Delhi, May 9 - India's technical textiles market has a huge potential as it is clocking a double-digit growth of 10 per cent and has become the fifth largest in the world, Rachna Shah, Secretary of Ministry of Textiles, said on Thursday.
SBI hiring nearly 12,000 employees for various roles, including IT: Chairman
New Delhi, May 9 - The State Bank of India (SBI) is in the process of hiring nearly 12,000 employees who will be trained for various roles, including IT, its Chairman Dinesh Khara said on Thursday.
Honda opens new R&D facility in India to accelerate electrification
New Delhi, May 9 - Honda R&D (India) Private Limited, a subsidiary of Honda Motor Co, on Thursday, opened its new Solution R&D Center in the country to accelerate electrification.