Indian startups file 83,000 patents in FY23; AI, neurotechnology lead
New Delhi, April 26 - Led by artificial intelligence (AI), Internet of Things (IoT) and neuro-technology, India witnessed 83,000 patents being filed by deep-tech startups in FY2023, marking an annual growth rate of 24.6 per cent which is highest since the last two
DoT warns people against scammers posing as MS Dhoni
New Delhi, April 26 - Amid the ongoing cricket fever in the country, scamsters have been posing as Mahendra Singh Dhoni to con people on social media, the Department of Telecom (DoT) said on Friday, warning people against falling into the trap.
Tech Mahindra shares jump more than 8 per cent on turnaround strategy
New Delhi, April 26 - Heavyweight IT stock Tech Mahindra jumped more than 8 per cent on Friday on its new growth strategy.
Bajaj Finance, Bajaj Finserv drag Sensex lower
New Delhi, April 26 - BSE Sensex was down by more than 100 points on Friday, amid selling in heavyweights.
Blinkit now more valuable that Zomato’s core food business: Report
New Delhi, April 26 - Zomato’s quick delivery service, Blinkit, has become more valuable than its core food delivery business, according to a new Goldman Sachs report.
US awards $13.6 billion to Micron which has a chip plant in progress in India
Washington, April 26 - The US government has announced a plan to award Micron Technology up to $6.14 billion in grants and $7.5 billion in loans to support the US chipmaker's plan to build new factories, as it strives to bolster domestic semiconductor
Snapchat reaches 422 million daily active users globally
New Delhi, April 26 - Social media platform Snapchat reached 422 million daily active users in the first quarter (Q1) this year, an increase of 39 million or 10 per cent (year-on-year).
Microsoft posts $21.9 billion in net income, bets big on AI
New Delhi, April 26 - Microsoft has posted a revenue of $61.9 billion in its third quarter (Q3) — up 17 per cent — with $21.9 billion in net income which increased 20 per cent.
Congruent Solutions appoints Mahesh Natarajan as Chief Revenue Officer
New Delhi, April 25 - Congruent Solutions, a leading provider of Software-as-a-Service (SaaS) and outsourced plan administration services to the US retirement industry, on Thursday announced the appointment of Mahesh Natarajan as its Chief Revenue Officer (CRO).
RBI issues alert against prepaid payment instruments by illegal entities
Mumbai, April 25 - The Reserve Bank of India (RBI) on Thursday cautioned the public against Prepaid Payment Instruments issued by unauthorised entities.
Credit card data of 17K ICICI Bank users exposed; bank blocks cards, assures compensation
New Delhi, April 25 - After credit card data of at least 17,000 new ICICI Bank customers was exposed and reached "wrong users", the bank said on Thursday that it has blocked these cards and is issuing new ones to the customers.
Tech Mahindra’s PAT declines 51 per cent to Rs 2,358 crore in FY24
New Delhi, April 25 - IT software major Tech Mahindra on Thursday reported its consolidated profit after tax (PAT) at Rs 2,358 crore for FY24, down 51.2 per cent (year-on-year).
Hackers attacked Indian firms on average 2,444 times per week in last 6 months: Report
New Delhi, April 25 - Hackers have attacked Indian organisations on average 2,444 times per week in the last six months, compared to 1,151 attacks per organisation globally, a new report revealed on Thursday.
L&T Technology Services logs Rs 1,304 crore in net profit in FY24
Mumbai, April 25 - L&T Technology Services Ltd on Thursday reported a net profit of Rs 1,304 crore in FY24, an 8 per cent growth, with revenue of Rs 9,647 crore which is a 9 per cent growth (year-on-year).
CBDT extends deadline for filing Form 10A/10AB by taxpayers to June 30
New Delhi, April 25 - The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for filing Form 10A/Form 10AB by trusts, institutions, and funds under the Income-tax Act till June 30, 2024.
SJVN inaugurates India’s first multipurpose Green Hydrogen pilot project
New Delhi, April 25 - Power major SJVN Ltd has achieved a significant milestone with the inauguration of India's first multipurpose Green Hydrogen Pilot Project at its 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal Pradesh’s Jhakri, the Ministry of Power
Nifty closes above 22,550, Sensex up 487 pts on another day of gains
Mumbai, April 25 - The Nifty rose for the fifth consecutive session even as the volatility index inched up on Thursday, while the Sensex also made gains of over 480 points.
Google opens applications for this year’s Startups Accelerator programme in India
New Delhi, April 25 - Google on Thursday said that it has opened applications for this year's 'Startups Accelerator: AI First' programme in India.
Banks failing at tech, fintech failing at banking, quips Ashneer Grover
New Delhi, April 25 - Taking a dig at Kotak Mahindra Bank after the Reserve Bank of India's (RBI) action, BharatPe co-founder Ashneer Grover on Thursday said that while banks are failing at implementing robust technology to cater to their customers, fintech companies
Widening of conflict in Middle East could impact India macros
New Delhi, April 25 - A sustained flare-up in geopolitical tensions in the Middle East, and the consequent increase in crude oil prices, would negatively impact Indian macros, ratings agency ICRA said on Thursday.