BSE Sensex tanks 389 points, markets spooked by escalation in Middle East tensions
Mumbai, April 19 - BSE Sensex is trading at 72,099 points, down 389 points on Friday as domestic equities continued their losing spree amid escalation in Middle East tensions.
Oil prices surge in global market amid escalating Iran-Israel tensions
New Delhi, April 19 - Oil prices surged by $3 a barrel in the international market on Friday amid reports of Israel launching a missile attack against Iran raising fears of escalating geopolitical tensions that could disrupt crude shipments.
20 energy firms create alliance for EV charging via UPI-like system in India
Bengaluru, April 19 - At least 20 energy companies have joined hands to create an alliance for an open energy network called the Unified Energy Interface (UEI), which is a unified payments interface (UPI)-like system for EV charging, the firms said in a
SK hynix joins TSMC in strengthening high-end chip capabilities
Seoul, April 19 - South Korean chipmaker SK hynix said on Friday that it has set up a strategic partnership with Taiwan Semiconductor Manufacturing Company (TSMC) aimed at bolstering its capabilities in producing premium high-bandwidth memory (HBM) chips and advanced packaging technologies.
Meta introduces most capable Llama 3 AI model
New Delhi, April 18 - Meta on Thursday introduced Llama 3, its next generation of open source large language model (LLM) in the AI era.
Altos India unveils locally manufactured high-end workstations, servers
Bengaluru, April 18 - In a fillip to the government's local manufacturing push for IT hardware, technology company Altos India on Thursday said it has expanded its manufacturing portfolio to include high-end 'Make in India' workstations and servers.
Nothing launches 2 new earbuds with ChatGPT integration in India
New Delhi, April 18 - London-based consumer tech brand Nothing on Thursday launched two new wireless earbuds -- Ear and Ear (a) in India, with ChatGPT integration to enhance overall user experience.
Suzuki Motorcycle produces 80 lakh units of two-wheelers in India
New Delhi, April 18 - Two-wheeler manufacturer Suzuki Motorcycle India on Thursday said that it has reached the landmark of producing 80 lakh units in the country.
Escalation of Iran-Israel conflict to impact inflation, oil price, interest rates in India: Acuite Ratings & Research
Chennai, April 18 - The price of crude oil would breach $100, the central bank may delay cutting the repo rate over uncertainty over disinflation, exports to West Asia may be affected and an increase in shipping costs are some of the likely
Airtel Payments Bank joins NPCI to launch NCMC-enabled debit, prepaid cards
New Delhi, April 18 - Airtel Payments Bank on Thursday launched eco-friendly NCMC (national common mobility cards) enabled debit and prepaid cards in partnership with the National Payments Corporation of India (NPCI).
Hyundai, Kia’s Q1 sales in Europe drop 1.3 pc year-on-year
Seoul, April 18 - The combined vehicle sales of South Korea's leading automakers Hyundai Motor and Kia fell 1.3 per cent from a year ago in the first quarter (Q1) of 2024 in Europe, industry data showed on Thursday.
Hindustan Zinc says it has become world’s 3rd largest silver producer
New Delhi, April 18 - Hindustan Zinc Limited on Thursday announced that it has now become the third-largest silver producer globally as per the World Silver Survey 2024 conducted by The Silver Institute in the US.
New smart biodegradable microgels to boost sustainable agriculture
Mandi, April 18 - A team of researchers at the Indian Institute of Technology (IIT) Mandi has developed natural polymer-based multifunctional smart microgels that will aid in promoting sustainable agriculture in India.
HDFC Life logs Rs 1,569 crore PAT, declares final dividend of Rs 2
Chennai, April 18 - Private life insurer HDFC Life Insurance Company Ltd closed FY24 with a net profit of Rs 1,569 crore, earning a total premium of about Rs 63,076 crore, against Rs 1,360 crore net profit and a total premium of Rs
UK’s Coventry University Group opens India Hub in Delhi
New Delhi, April 18 - Coventry University Group, on Thursday, announced the launch of an India Hub in the national capital to further intensify its longstanding connections with India.
Ev2 Ventures, Caret Capital launch $50 million India-focused sustainability fund
New Delhi, April 18 - Sustainability fund Caret Capital and Ev2 Ventures, an early-stage smart mobility fund, on Thursday announced a $50 million India-focused fund to invest in startups in the mobility, distribution and employment sectors.
Indian electronics industry sees impressive 154 pc growth in hiring, skilling: Report
New Delhi, April 18 - The electronics industry in India saw a massive 154 per cent growth in hiring and skilling in the last financial year (from March 2023 till March this year) and the telecom domain led the industry, a report showed
Australian unemployment rate rises to 3.8 pc in March
Canberra, April 18 - Australia's unemployment rate rose slightly to 3.8 per cent in March, official data has revealed.
IREDA’s GIFT City branch to give special foreign currency loans for green projects
New Delhi, April 18 - Indian Renewable Energy Development Agency Ltd (IREDA) has opened an office in GIFT City at Gandhinagar which will specialise in providing debt options denominated in foreign currencies to facilitate natural hedging and significantly reduce the financing costs for
Dialog, Axiata Group and Bharti Airtel to merge operations in Sri Lanka
New Delhi, April 18 - Dialog Axiata PLC (Dialog), Axiata Group Berhad (Axiata) and Bharti Airtel have signed an agreement to combine their operations in Sri Lanka.