Godrej family to continue joint biz for Vikhroli real estate project in Mumbai
Mumbai, May 1 - Godrej & Boyce, the owner-developer, and Godrej Properties, the development manager, announced on Wednesday that the two companies will continue their association for land development in Vikhroli.
Maruti Suzuki India begins pre-booking of Epic New Swift at Rs 11K per unit
New Delhi, May 1 - Leading carmaker Maruti Suzuki India on Wednesday started the pre-bookings of the 4th generation Epic New Swift at Rs 11,000 per unit.
Eager to harness AI to bring societal benefit for ‘Bharat’: OpenAI’s first employee in India
New Delhi, May 1 - Sam Altman-run ChatGPT developer OpenAI is eager to contribute to India's artificial intelligence (AI) mission by collaborating with developers, users and policymakers, Pragya Misra, the company’s Public Policy & Partnerships lead in the country, said on Wednesday.
GST collections scale record high of Rs 2.1 lakh crore in April
New Delhi, May 1 - The country's gross GST revenue collection for April this year soared to the highest ever level at Rs 2.10 lakh crore, Finance Minister Nirmala Sitharaman announced on Wednesday.
Microsoft announces to open its first regional data centre in Thailand
New Delhi, May 1 - Microsoft on Wednesday announced to build a new cloud and artificial intelligence (AI) infrastructure in Thailand, provide AI skilling opportunities for more than 100,000 people, and support the nation's growing developer community.
MG Motor India clocks retail sales of 4,485 units in April
New Delhi, May 1 - Car manufacturer Morris Garages (MG) Motor India on Wednesday announced that it clocked retail sales of 4,485 units in the country in April.
Govt cuts windfall tax on crude oil, ONGC, OIL India Ltd to gain
New Delhi, May 1 - The Government has cut the windfall tax on crude oil to Rs 8,400 a metric ton from Rs 9,600 with effect from Wednesday as part of its fortnightly revision.
The 127-year-old Godrej empire split: How it was resolved amicably
New Delhi, May 1 - In the increasingly contentious world of family business splits, the peaceful division of the 127-year-old Godrej empire worth $5.7 billion is a rare occurrence.
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.