Zomato unveils India’s 1st crowd-supported weather infrastructure, offers free access
New Delhi, May 8 - Online food delivery platform Zomato's co-founder and CEO, Deepinder Goyal, on Wednesday unveiled India's first crowd-supported weather infrastructure, which would provide localised, real-time information on key weather parameters such as temperature, humidity, wind speed, rainfall, and more.
RBI coming up with new steps to expand UPI outreach
Mumbai, May 8 - RBI Governor Shaktikanta Das on Wednesday held a meeting with major stakeholders in the UPI ecosystem including banks, National Payments Corporation of India (NPCI), third party application providers and technology service providers during which potential strategies for further expanding
Hero MotoCorp posts 18 per cent rise in Q4 net profit, declares dividend of Rs 40 per share
New Delhi, May 8 - Two-wheeler giant Hero MotoCorp on Wednesday reported an 18.4 per cent increase in its standalone net profit at Rs 1,016 crore for the January-March quarter of 2023-24, on the back of robust sales and higher selling prices for
BMW earnings hit by model change, lower profits on e-auto sales
Munich, May 8 - German car manufacturer BMW made less profit in the first quarter despite a good run with expensive models and an increase in sales, the company reported on Wednesday.
Over 1/3rd of Australians facing financial difficulties: Survey
Canberra, May 8 - More than one-third of Australians are finding it difficult to get by on their current incomes, a survey has found.
Ex-Tesla executives-led DG Innovate enters India in joint venture with EVage Motors
New Delhi, May 8 - DG Innovate, a UK-based advanced research and development company led by former executives of Tesla, on Wednesday announced its entry in India through a joint venture (JV) with the electric truck firm EVage Motors.
Can Vijay Shekhar Sharma fix Paytm’s woes as he takes over the reins?
New Delhi, May 8 - The shares of Paytm have crashed about 50 per cent this year, amid high-profile exits, the RBI ban on certain businesses of Paytm Payments Bank Ltd (PPBL), and fresh reports about some lending partners revoking loan guarantees due
Air India Express row: ‘Concern genuine’, says Delhi Regional Labour Commissioner to Tata Sons Chairman
New Delhi, May 8 - Delhi Regional Labour Commissioner Ashok Perumalla has written an email to Tata Sons Chairman N. Chandrasekaran stating that the concerns raised by the union and cabin crew members of Air India Express are genuine and a high-level committee
India’s data centre capacity to double to 2,000 MW by 2026, green energy is the key
Mumbai, May 8 - India's data centre capacity is set to double to reach 2000 MW by 2026, as the country transitions towards a developed market economy amid a rise in 'green energy' solutions, a report showed on Wednesday.
Bharat Forge registers 59 pc surge in Q4 net profit
New Delhi, May 8 - Auto and defence component manufacturer Bharat Forge on Wednesday reported a 59.3 per cent surge in net profit to Rs 389.6 crore for the January-March quarter of 2023-24 compared to the corresponding figure of Rs 244.5 crore in
NSE, BSE to conduct special trading session on May 18
New Delhi, May 8 - NSE and BSE will hold a special live session on May 18 to perform intra-day switch-over to their respective disaster recovery site.
Gates Foundation-backed Axmed raises funds to help poor countries access critical medicines
Basel, May 8 - Axmed, a Switzerland-based B2B marketplace platform, on Wednesday announced a $2 million seed funding round to accelerate the affordability, availability, and distribution of essential and innovative medicines to low-and middle-income countries (LMICs).
High possibility of 8 pc GDP growth for India in 2023-24: CEA Nageswaran
New Delhi, May 8 - There is a high possibility of India's economic growth touching 8 per cent in 2023-24, government's Chief Economic Adviser (CEA) V Anantha Nageswaran said on Wednesday.
5 big announcements from Apple’s ‘Let Loose’ event
New Delhi, May 8 - Apple has made big announcements at its 'Let Loose' event in which it unveiled the new iPad Pro, M4 chip, redesigned 11-inch and all-new 13-inch iPad Air with M2 chip, Final Cut Pro for iPad 2, and the
US-based Lam Research to expand chip fabrication equipment supply chain in India
Bengaluru, May 8 - As India begins its ambitious semiconductor journey under the vision of Prime Minister Narendra Modi, US-based Lam Research Corporation on Wednesday announced plans to expand its global chip fabrication equipment supply chain to include India.
Will NPCI implement or extend the 30 pc cap on market share of UPI players?
New Delhi, May 8 - As digital payment platforms, PhonePe and Google Pay, continue to have a duopoly in the Unified Payments Interface (UPI) market, the deadline by the National Payments Corporation of India (NPCI) to implement a 30 per cent market share
India-Taiwan trade may reach $25 billion via investments, tech sharing
Mumbai, May 8 - As India-Taiwan economic partnership grows significantly in recent years, the trade between the two countries may reach $25 billion via investment and technology sharing, industry leaders have said.
Several Air India Express flights cancelled from four Kerala airports
Thiruvananthapuram, May 8 - About a dozen Air India Express flights from the four international airports in Kerala were cancelled leaving passengers aggrieved.
Air India Express cabin crew goes on mass sick leave, 78 flights cancelled
New Delhi, May 8 - Air India Express faced major disruption in services as 78 flights were cancelled and many were delayed after cabin crew called in mass ‘sick leave’ to mark their protest against the ongoing transition in the airline.
CarDekho Group introduces TractorsDekho for farming community
New Delhi, May 8 - Autotech company CarDekho on Wednesday launched a new online platform called TractorsDekho, that will serve the needs of the farming community by providing resources tailored specifically to tractors.