Ola Electric cuts prices of S1 X range of e-scooters, to start from Rs 69,999
New Delhi, April 15 - Bhavish Aggarwal-led Ola Electric on Monday announced new prices for its S1 X range of e-scooters along with the delivery details.
Shareholders approved rights issue to tackle cash crunch: Byju’s
Bengaluru, April 15 - Edtech firm Byju’s on Monday said that its shareholders have approved the rights issue, paving the way for its parent company Think & Learn Private Limited to issue fresh shares and conclude the rights issue aimed at tackling the
US to provide $6.4 bn in CHIPS Act grants to Samsung
Washington, April 15 - The US government on Monday announced a plan to award Samsung Electronics up to $6.4 billion in grants to support the tech giant's chipmaking investment in Texas.
NFRA finds Reliance Capital joint auditor guilty of Rs 12,571 crore fudge in 2018-19
New Delhi, April 15 - National Financial Reporting Authority (NFRA) has held the joint auditor of Reliance Capital guilty of professional misconduct for deliberately overlooking the Price Waterhouse (PW) report of suspected fraud regarding loans and investments amounting to approximately Rs 12,571 crore
Ambuja Cements acquires My Home Group’s 1.5 MTPA cement unit in TN for Rs 413.75 cr
Ahmedabad, April 15 - In a bid to enhance coastal footprint across southern markets, the Adani Group’s building material company Ambuja Cements on Monday announced to acquire My Home Group's 1.5 MTPA (million tonnes per annum) cement grinding unit in Tuticorin, Tamil Nadu,
Rising global risks could delay RBI rate cuts, say analysts
New Delhi, April 15 - Rising global risks, including the rise in crude oil prices, may delay RBI’s rate cuts, analysts said.
TRAI recommendations to help startups develop India-made products: Industry body
New Delhi, April 15 - The latest recommendations by the Telecom Regulatory Authority of India (TRAI) on ‘Regulatory Sandbox’ would assist startups and entrepreneurs in building indigenous solutions and products, facilitate the development of new original equipment manufacturers (OEMs) and boost investments, the
Hiring for AI, ML roles in India continued to grow in March: Report
New Delhi, April 15 - Hiring for artificial intelligence (AI) or machine learning (ML) job roles in India continued to witness momentum, with a 12 per cent increase in new job creation reported in March this year when compared to the same month
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