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.
OpenAI, UK’s Financial Times ink content licensing deal
London, April 29 - The creator of the Artificial Intelligence (AI) chatbot ChatGPT OpenAI on Monday inked a partnership pact with UK-based Financial Times (FT) to licence its content and develop AI tools.
Govt to auction another 20 critical mineral blocks soon
New Delhi, April 29 - The government plans to put up another 20-odd critical mineral blocks for auction in the next round by the end of June, Secretary of the Ministry of Mines VL Kantha Rao said on Monday.
India’s Yotta to help build Nepal’s first supercloud data centre
New Delhi, April 29 - Leading end-to-end digital transformation service provider Yotta Data Services on Monday announced that it partnered with Nepal's BLC Holdings to build the first supercloud data centre facility called 'K1' in Ramkot, near Kathmandu.
India’s fiscal profile better placed to fight global economic shocks, says analyst
New Delhi, April 29 - India's fiscal profile has become structurally healthy amid better tax compliance, improved base and focus on quality spending, as per Emkay Global Financial Services.
Ban sale of illegal Wi-Fi 6E wireless routers on Amazon, Flipkart: COAI to DoT
New Delhi, April 29 - There has been a spurt in the illegal sale of Wi-Fi 6E wireless routers, which operate on the 6 GHz frequency band, on e-commerce websites and online platforms like Amazon and Flipkart in India, a top industry has
I’m a big fan of China, have lots of fans there: Elon Musk
New Delhi, April 29 - Tesla CEO Elon Musk, on his ongoing visit to China, said that he is a big fan of the country and that many people are his admirers there.
Visionary political leadership, talented youth to help India reach $30 trillion GDP by 2047: SAP
Mumbai, April 29 - A stable and visionary political leadership, young talented population, vast AI and startup community and innovations across businesses will help India reach its $30 trillion GDP growth goal by 2047, Paul Marriott, President for Asia Pacific Japan (APJ) of
Elon Musk visits China, likely to promote Tesla’s driverless tech: Report
New Delhi, April 28 - Tesla CEO Elon Musk has made an "unannounced and surprising" visit to Beijing, according to a media report on Sunday.