Elon Musk likely to meet chiefs of Indian space companies: Report
New Delhi, April 17 - SpaceX CEO Elon Musk will likely meet representatives of Indian space companies during his visit to the country next week, according to media reports.
Samsung aims for Rs 10,000 cr revenue from its AI TV business in India
New Delhi, April 17 - Samsung on Wednesday said that it is targeting Rs 10,000 crore revenue from its Artificial Intelligence (AI)-powered Neo QLED, OLED TV business in India.
India to house up to 17 pc of world’s elderly population by 2050
New Delhi, April 17 - By 2050, India is projected to house up to 340 million senior citizens, constituting approximately 17 per cent of the world's elderly population, a new report showed on Wednesday.
Daimler India Commercial Vehicles to enter into battery electric market in 6 to 12 months
New Delhi, April 17 - Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG, on Wednesday announced its entry into the battery electric market with the light-duty 'eCanter' trucks which will be launched within the next 6 to 12 months.
Intel builds 1st large-scale neuromorphic system to enable sustainable AI
New Delhi, April 17 - Chip maker Intel on Wednesday announced that it has built the world's largest neuromorphic system called 'Hala Point' to enable more sustainable artificial intelligence (AI).
Samsung develops industry’s fastest DRAM chip for AI applications
Seoul, April 17 - Samsung on Wednesday said that it has developed the industry's first low-power double data rate 5X (LPDDR5X) DRAM (Dynamic Random Access Memory) chip, a memory solution tailored for artificial intelligence (AI) applications.
ZEE withdraws merger implementation application from NCLT, to pursue claims against Sony
Mumbai, April 16 - Zee Entertainment Enterprises (ZEE) has decided to withdraw a merger implementation application filed before the Mumbai branch of the National Company Law Tribunal (NCLT).
India to add 13,000 km of new highways in 2024-25: ICRA report
New Delhi, April 16 - India is expected to maintain its rapid pace of road construction with the addition of up to 13,000 kilometres in the financial year 2024-25, an increase of 5 to 8 per cent over the previous year, according to
Musk’s Starlink may get Indian government approval soon
New Delhi, April 16 - Ahead of Elon Musk's visit to India, the tech billionaire's satellite-based internet service Starlink has reportedly received tentative approval from the Ministry of Communications.
Apple aims at assembling iPhone camera module in India to cut dependence on China
New Delhi, April 16 - As Apple continues to minimise its dependence on China, the iPhone maker is increasing investments in India and is reportedly in advanced talks with Tata Group's Titan Company and Murugappa Group to assemble sub-components for phone camera modules,
IMF increases India’s growth projection to 6.8 pc for 2024
Washington, April 16 - The International Monetary Fund (IMF) has pegged India's growth projection to 6.8 pc this year, an increase of 0.3 pc over its January 2024 update.
Paytm clarifies licensing process status amid speculations, says govt champions fintech
New Delhi, April 16 - Fintech major Paytm on Tuesday clarified the status of its licensing process amid recent speculations, saying it has not received any communication suggesting a deferral or penalties and any notion to the contrary is “completely unfounded and misleading”.
UNCTAD forecasts India’s GDP growth at 6.5 pc in 2024
New Delhi, April 16 - The latest UN Conference on Trade and Development (UNCTAD) report released on Tuesday forecasts global economic growth at 2.6 per cent in 2024 barely above the 2.5 per cent threshold commonly associated with a recessionary phase.
Zomato introduces ‘large order fleet’ for gatherings of up to 50 people
New Delhi, April 16 - Online food delivery platform Zomato on Tuesday introduced a ‘large order fleet’ to serve orders for a gathering of up to 50 people.
NSE IPO awaits SEBI’s green signal, says CEO
New Delhi, April 16 - Ashish Kumar Chauhan, MD and CEO of the National Stock Exchange (NSE), on Tuesday said the exchange’s much-anticipated initial public offering (IPO) is waiting for the green signal from the market regulator, the Securities and Exchange Board of
India could absorb more Russian metals after LME ban, say experts
Chennai, April 16 - Countries like India and several other non-US and European nations could buy more Russia-origin metals following last week's London Metal Exchange (LME) ban.
Microsoft invests $1.5 billion in UAE-based AI company G42
New Delhi, April 16 - Microsoft on Tuesday announced a $1.5 billion investment in the UAE-based artificial intelligence (AI) technology company, G42.
Mahindra unveils new nine-seater Bolero Neo+ starting at Rs 11.39 lakh
New Delhi, April 16 - Leading SUV manufacturer Mahindra & Mahindra on Tuesday unveiled the 9-seater 'Bolero Neo+' in two variants -- the P4 and the P10, at a starting price of Rs 11.39 lakh (ex-showroom).
Morgan Stanley does not expect RBI to go for a rate cut in 2024-25
Mumbai, April 16- Morgan Stanley economists do not expect the RBI to cut key interest rates in 2024-25 as the country is clocking a robust GDP growth and the US Fed has postponed its rate cut which could pose a risk to the
Healthcare-startup Medulance secures $3 mn Series A funding
New Delhi, April 16 - Emergency healthcare provider Medulance on Tuesday announced it has secured $3 million (about Rs 25 crore) in Series A funding.