Gold price rises amid escalating Middle East tensions
New Delhi, April 15 - Gold price rose on the Multi Commodity Exchange (MCX) on Monday tracking the global market for the precious metal which firmed up amid the worsening geopolitical crisis in the Middle East region following Iran’s drone and missile attack
Byju’s CEO Arjun Mohan quits, company to consolidate biz in 3 units
New Delhi, April 15 - In an abrupt move, Arjun Mohan, who was elevated as the embattled edtech firm Byju's CEO just about seven months back, has quit to pursue other opportunities, the company confirmed on Monday.
Global smartphone sales up 7.8 pc, Samsung clinches top spot from Apple
San Francisco, April 15 - Samsung clinched the top spot in the smartphone market from Apple in the first quarter (Q1) of 2024, preliminary data from global research firm IDC said on Monday.
Liquidity from global equity markets fuelling fresh investment in gold
New Delhi, April 14 - The risk on trade in global markets is witnessing a huge rally in equities as well as gold.
Hyundai Motor & Kia set to top $72 billion in combined market cap
Seoul, April 14 - The combined market capitalisation of Hyundai Motor and Kia is widely expected to surpass the 100 trillion-won ($72.2 billion) mark this year, according to industry watchers.
HD Hyundai, AI firm Palantir to develop unmanned surface vessel
Seoul, April 14 - South Korean shipbuilder HD Hyundai Heavy Industries said on Sunday it has partnered with US artificial intelligence (AI) company Palantir Technologies to co-develop an unmanned surface vessel (USV) for maritime surveillance.
Over $100 million in funding raised by 21 Indian startups this week
New Delhi, April 13 - The Indian startups continued to raise funds at a normal pace, and this week, as many as 21 startups secured nearly $105 million in the country.
This is how Tesla can produce a Rs 20 lakh ‘Make in India’ EV
New Delhi, April 13 - Elon Musk is coming to India for the first time to spend at least 48 hours in the country later this month. As all eyes are on what the billionaire would announce during his meeting with Prime Minister
‘1st failure or never try’: Entrepreneur Ronnie Screwvala asks budding talent
New Delhi, April 13 - Serial investor and Co-founder/Chairperson of edtech platform upGrad Ronnie Screwvala on Saturday dropped a question to all those who want to start something on their own but are still indecisive about taking this step.
Elon Musk looking for engineers, designers, tutors to join his AI company
New Delhi, April 13 - Elon Musk on Saturday asked young talented people to join his artificial intelligence (AI) venture called xAI across the verticals.
Centre directs gas-based power plants to start ops amid rising summer demand
New Delhi, April 13 - In order to help meet the high electricity demand in the country during the summer season, the government has decided to operationalise gas-based power plants, the Ministry of Power said on Saturday.
Govt warns against forward trade in pulses
New Delhi, April 13 - As part of its stepped-up vigil to bring down prices of pulses, the Government has warned traders that anyone found indulging in forward trade of pulses would be dealt with firmly in accordance with the provisions of the
S. Korea, US & Japan to hold ministers’ talks on supply chain issues
Washington, April 13 - South Korea and the United States have agreed to hold bilateral talks on supply chain and commercial issues and a trilateral industry ministers' meeting with Japan in the first half of the year, a senior Seoul official said.
250 buyers from 27 countries attending International Gem & Jewellery Show in Jaipur
Jaipur, April 13 - The Gem Jewellery Export Promotion Council (GJEPC) is holding the third edition of the International Gem & Jewellery Show (IGJS) in Jaipur from April 12-14, which is being attended by 250 buyers from 27 countries.
India’s forex kitty surges to new all-time high of $648.56 bn
Mumbai, April 12 - India's foreign exchange reserves went up by $2.98 billion during the week ended April 5 to scale a new all-time high of $648.562 billion, data released by the RBI showed on Friday.
India’s industrial production accelerates to 5.7pc in Feb
New Delhi, April 12 - The growth rate of India's industrial output accelerated to 5.7 per cent in February after having slowed to 3.8 per cent in January, data released by the Ministry of Statistics on Friday showed.
India’s CPI inflation eases to 9-month low of 4.85 pc in March
New Delhi, April 12 - India’s consumer price inflation eased to a 9-month low of 4.85 per cent in March bringing relief to household budgets, figures released by the Ministry of Statistics on Friday showed.
TRAI unveils recommendations to boost live testing of innovative tech like 6G, AI
New Delhi, April 12 - In view of rapid developments in emerging technologies like 5G/6G, AI, virtual reality and others, the Telecom Regulatory Authority of India (TRAI) on Friday released recommendations to encourage live testing of innovative tech and use cases in the
TCS sees net headcount drop for first time in 2 decades
New Delhi, April 12 - Tata Consultancy Services (TCS) on Friday revealed that its headcount dropped by 13,249 employees (year-on-year) during the financial year 2023-24 (FY24).
TCS posts 9 pc jump in Q4 net profit at Rs 12,434 crore, declares dividend of Rs 28 per share
Mumbai, April 12 - Leading IT software exporter Tata Consultancy Services (TCS) on Friday reported a 9 per cent increase in net profit at Rs 12,434 crore for the Jan-March quarter of 2023-24 up from Rs 11,392 crore in the same period of