India’s per capita GDP growing faster than peers, reverses pre-2014 falling trend
New Delhi, April 30 - Apart from India taking the big leap from the fragile five to the world's top five economies based on GDP in the last 10 years of the Narendra Modi government, an analysis by experts based on IMF data
Exports of eco-friendly cars drop amid slowing EV shipments in S. Korea
Seoul, May 1 - South Korean exports of environment friendly vehicles fell for the first time in the first quarter after reporting on-year increases in the past 12 quarters, an industry association said on Wednesday.
Wipro signs multi-million deal with Nokia for digital workplace services
New Delhi, April 30 - IT software major Wipro on Tuesday announced that it has inked a multi-million-dollar agreement with telecommunications major Nokia to overhaul its employee service desk and provide seamless, real-time IT support to a global network of workers.
India woos foreign investors for big push to critical minerals sector
New Delhi, April 30 - Invest India on Tuesday highlighted the huge business opportunity for critical mineral processing in the country to foreign investors with details of fiscal and non-fiscal incentives being offered to push growth in the sunrise sector.
Worldline ePayments India gets RBI approval to operate as payment aggregator
New Delhi, April 30 - Global payment services leader Worldline ePayments India on Tuesday announced that they have been granted authorisation by the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator (PA) under the Payment and Settlement Systems Act,
Adani Total Gas clocks 27 per cent EBITDA growth in FY24, overall volume up 15 per cent
Ahmedabad, April 30 - Leading city gas distribution company Adani Total Gas Ltd (ATGL) on Tuesday announced EBITDA of Rs 1,150 crore in FY24 that surged by 27 per cent (year-on-year), with consolidated profit after tax (PAT) at Rs 668 crore which increased
Groww gets RBI’s in-principle nod to operate as payments aggregator
New Delhi, April 30 - Groww Pay, the UPI payments platform of broking firm Groww, has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payments Aggregator (PA).
Apple hires dozens of AI experts from Google, builds secret research lab
San Francisco, April 30 - Apple has hired dozens of artificial intelligence (AI) experts from Google and formed a "secretive European laboratory" in Zurich to house a new team of staff tasked with developing new AI models and products, a media report said
Adani Ports & SEZ secures AAA rating – India’s 1st in private infra development space
New Delhi, April 30 - Adani Ports and Special Economic Zone Limited (APSEZ), one of the largest profit contributors for the Adani Group, has been upgraded to AAA rating by Care Ratings.
Elon Musk sacking senior Tesla staff to further reduce costs: Report
New Delhi, April 30 - Elon Musk is firing more people at his electric car company Tesla, after executing layoffs this month that affected 10 per cent of its global workforce, a media report said on Tuesday.
India’s gold demand rises 8 pc in Jan-March despite soaring prices
Mumbai, April 30 - India's gold demand rose to 136.6 tons in the January-March quarter which represents an 8 per cent increase over the same quarter of the previous year, according to figures released by the World Gold Council (WGC) on Tuesday.
Microsoft to invest $1.7 bn in cloud, AI infrastructure in Indonesia
New Delhi, April 30 - Microsoft on Tuesday announced that it will invest $1.7 billion over the next four years in new cloud and artificial intelligence (AI) infrastructure in Indonesia.
Himansh Verma: Former 19-yr-old millionaire who built Navrattan a billion dollar company
New Delhi, April 30 - In a groundbreaking move, Himansh Verma, the visionary founder of Navrattan Group, headquartered in Mumbai, is set to revolutionise India's infrastructure.
Chinese lucky number behind decision to launch Tesla robotaxi on Aug 8: Musk
New Delhi, April 30 - Elon Musk, who just visited China, said on Tuesday that he chose August 8 as the date to launch the robotaxi because 8/8 is a lucky number in that country.
Govt bonds worth Rs 28,000 crore coming up for auction on Friday
New Delhi, April 29 - The Finance Ministry on Monday announced the sale of Government bonds worth Rs 28,000 crore scheduled for Friday (May 3) in three lots through a price-based auction using the multiple price method.
Krishna Ella new President of Indian Vaccine Manufacturers’ Association
Hyderabad, April 29 - The Indian Vaccine Manufacturers Association (IVMA) on Monday announced Bharat Biotech Co-Founder and Executive Chairman Dr. Krishna M Ella will be its new President for a two-year period.
Global advanced smartwatch market likely to see 15 pc annual growth in 2024: Report
New Delhi, April 29 - The global High-Level Operating System (or advanced) smartwatch market is expected to witness 15 per cent annual growth in 2024, a new report said on Monday.
RBI tells banks to stop charging extra interest on loans as probe shows unfair practices
Mumbai, April 29 - The Reserve Bank of India (RBI) on Monday directed banks and NBFCs to immediately review their practices to ensure that they are fair and transparent in the interest they charge customers as several instances have been detected where excessive
Ola Cabs CEO Hemant Bakshi resigns, firm plans to cut 10 per cent jobs
New Delhi, April 29 - Ride-hailing platform Ola Cabs CEO, Hemant Bakshi, has resigned from his position just four months after taking the job, according to sources.
Travel & tourism sector expected to add over 58 mn jobs in India by 2033: Report
New Delhi, April 29 - The travel and tourism sector in India, which registered remarkable growth post the Covid-19 pandemic, is expected to add 58.2 million jobs by 2033 throughout the country, a new report said on Monday.