Hyundai Motor to raise stake in autonomous driving JV Motional in US
Seoul, May 3 - Hyundai Motor Group said on Friday that it will raise its stake in Motional, the group's autonomous driving joint venture in the United States, through a paid-in capital increase, as well as invest in the local venture partner Aptiv.
iPhone sales down 10 pc in March quarter, Apple stock up after $110 billion buyback
New Delhi, May 3 - Apple has reported a 10 per cent decline in iPhone sales for its March quarter, from $51.33 billion to $45.96 billion (year-over-year), primarily driven by a slowdown in China market.
Apple logs strong double-digit growth in India, to produce more in country: Tim Cook
New Delhi, May 3 - Apple registered strong double-digit growth in India in the March quarter this year and the company will continue to expand its operations, the company’s CEO Tim Cook said on Friday, adding that in order to be competitive, they
Apple gives small developers a breather around new app store fee in EU
New Delhi, May 2 - Apple on Thursday allowed small developers more ways around its alternative app store tax in the European Union (EU).
Adani Green secures $400 million from international banks for 750 MW solar projects
Ahmedabad, May 2 - Adani Green Energy Ltd (AGEL) on Thursday secured $400 million from a consortium of five leading international banks for its under-construction 750 MW solar projects in Rajasthan and Gujarat.
Gold production from Indian mines surges by 86 pc in Feb, copper output up 29 pc
New Delhi, May 2 - The production of gold from Indian mines surged by 86 per cent in February this year to 255 kg while that of copper increased by 28.7 per cent to 11,000 tonnes, according to data released by the Ministry
Over 97 per cent of Rs 2,000 banknotes returned: RBI
Mumbai, May 2 - The Reserve Bank of India (RBI) said in its currency update on Thursday that 97.76 per cent of the Rs 2,000 banknotes in circulation as on May 19, 2023, when their withdrawal was announced, have now been returned.
IBM expands software availability to 92 nations in AWS Marketplace including India
New Delhi, May 2 - IT major IBM on Thursday announced the expansion of its software portfolio globally to 92 countries in AWS Marketplace, including India.
India’s coal output rises 7.4 per cent to 73.26 million tonnes in April
New Delhi, May 2 - India's coal production increased by 7.4 per cent in April to 78.69 million tonnes compared to the corresponding figure of 73.26 million tonnes for the same month last year, the Ministry of Coal said on Thursday.
Covaxin has excellent safety record, says Bharat Biotech
Hyderabad, May 2 - Bharat Biotech on Thursday said that its Covid-19 vaccine Covaxin has an excellent safety record without any vaccine-associated incidents of blood clots, thrombocytopenia, TTS, VITT, pericarditis, myocarditis, etc, as it was developed with a single-minded focus on safety first,
India, New Zealand to strengthen links in pharma, agriculture sectors
New Delhi, May 2 - India and New Zealand have decided to strengthen bilateral trade and collaboration in the pharma, agricultural, and processed food sectors, the Commerce and Industry Ministry said on Thursday.
Fears of complete economic meltdown rising in Pakistan
Islamabad, May 2 - Fears that Pakistan is moving towards a complete economic meltdown are rising in the country.
Mizoram reports record GST collections in April, 4 NE states see negative growth
Aizawl, May 2 - Mizoram recorded its highest proportion growth at 52 per cent in Goods & Services Tax (GST) collections in April, while four of the eight northeastern states -- Sikkim, Arunachal Pradesh, Nagaland, and Meghalaya -- registered negative growth in the
Gautam Adani meets new British envoy to India, wishes her to boost bilateral ties
New Delhi, May 2 - Gautam Adani, Chairman of the Adani Group, on Thursday, met Lindy Cameron, the new British High Commissioner to India, and wished her the best in continuing to enhance relations between the two countries.
NPCI partners Bank of Namibia to develop UPI-like payment system
New Delhi, May 2 - NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), on Thursday said that it partnered with the Bank of Namibia (BoN) to support them in developing a Unified Payment Interface (UPI)-like
Adani Enterprises Ltd posts robust FY24 results, incubating businesses show strong momentum
New Delhi, May 2 - Driven by strong momentum in its incubating businesses to fuel the growth of the Indian economy, Adani Enterprises Ltd (AEL) on Thursday reported a 32 per cent increase in consolidated EBITDA at Rs 13,237 crore in FY24, while
Zomato receives GST demand, penalty order of over Rs 2 crore
New Delhi, May 2 - Online food delivery platform Zomato has received a fresh goods and services tax (GST) demand and penalty order of more than Rs 2 crore from Delhi's sales tax officer.
BMW launches new M4 Competition M xDrive in India at Rs 1.53 cr
New Delhi, May 2 - Luxury car maker BMW on Thursday launched the new 'M4 Competition M xDrive' in India at an ex-showroom price of Rs 1,53,00,000.
Krafton India expands first cohort of gaming incubator programme
New Delhi, May 2 - BGMI developer Krafton India on Thursday announced the expansion of the first cohort of their gaming incubator programme (KIGI).
Mahindra Auto sells 41,008 SUVs in India in April, registering 18 pc growth
New Delhi, May 2 - Mahindra & Mahindra (M&M) on Thursday announced that it sold a total of 41,008 SUVs in the domestic market in April, registering an 18 per cent (year-on-year) growth compared to the same month of last year when it