Musk arriving in India this month to meet PM Modi, announce investment plans: Report
New Delhi, April 10 - Tesla and SpaceX CEO Elon Musk is reportedly planning to visit India later this month to meet Prime Minister Narendra Modi and announce his mega investment plans, as the country doubles down on its EV adoption strategy.
Malay Joshi appointed CEO of Wipro Americas 1 Strategic Market Unit
Bengaluru, April 10 - IT major Wipro on Wednesday appointed Malay Joshi as CEO of its Americas 1 Strategic Market Unit, with immediate effect.
Nearly 60 lakh biryani orders received this Ramzan: Swiggy
New Delhi, April 10 - Online food delivery platform Swiggy on Wednesday revealed that close to 60 lakh Biryani orders were received during the holy month of Ramzan.
Markets sustain upward momentum as Sensex closes above 75K for the first time
Mumbai, April 10 - The Indian markets sustained their upward momentum on Wednesday, buoyed by a robust performance in the broader market, albeit slightly lagging behind its Asian and European counterparts, said Vinod Nair, Head of Research at Geojit Financial Services.
Top industry bodies IESA & SEMI partner to boost India’s semiconductor goals
Bengaluru, April 10 - In a boost for the country’s semiconductor industry, the India Electronics and Semiconductor Association (IESA) on Wednesday forged an alliance with global industry association SEMI.
Samsung took top spot in US home appliances market last year: Report
Seoul, April 10 - Samsung Electronics was the most popular home appliances brand in the United States last year in terms of market share, data showed on Wednesday.
Asian central banks likely to cut rates from late June onwards: Morgan Stanley
New Delhi, April 10 - Asian central banks are likely to begin cutting rates from late June onwards, global brokerage Morgan Stanley said.
Most Indian firms say building human-centric software more crucial now
New Delhi, April 10 - About 90 per cent of Indian organisations asserted that building human-centric and accessible applications has become more crucial than it was two years ago, a new report said on Wednesday.
Fitch cuts China’s sovereign credit rating
New Delhi April 10 - Global rating agency Fitch has downgraded China's sovereign credit rating from stable to negative, citing concerns over the country’s rising fiscal deficit.
Gold prices rise on MCX tracking global rally
Mumbai, April 10 - The price of gold went up on MCX on Wednesday with gold for June 5 delivery traded 0.44 per cent higher at Rs 71,652 per 10 grams at around 11:30 a.m.
realme’s power-packed P Series set to disrupt mid-range market with powerful performance
New Delhi, April 10 - The smartphone market in India is expected to witness an annual growth rate of 7.25 per cent from 2024 to 2028.
NSE cautions investors not to fall for deepfake videos of its MD & CEO
New Delhi, April 10 - The National Stock Exchange of India (NSE), on Wednesday, cautioned investors not to fall for fake videos or deepfakes of Ashishkumar Chauhan, MD and CEO of NSE, recommending stocks.
Industrials to report healthy quarter on continued push by govt on infrastructure development
New Delhi, April 10 - The industrial sector is likely to report a healthy quarterly performance for 4QFY24 driven by a healthy opening order book, continued execution momentum and healthy demand.
iBUS raises $200 mn from NIIF to fuel digital infrastructure expansion in India
New Delhi, April 10 - Digital infrastructure solutions company iBUS, on Wednesday said, that it has raised $200 million from the government-backed National Investment and Infrastructure Fund Limited (NIIF) to support the growth of India’s digital infrastructure.
The best is yet to come in the US-India partnership, US Ambassador Eric Garcetti says at O P Jindal Global University
Sonipat, April 10 - The Jindal School of International Affairs, the Jindal India Institute, and the Jindal Global Centre for G20 Studies jointly hosted Eric M. Garcetti, Ambassador of the US to India, on the campus of O. P. Jindal Global University in
Indian software firm Zoho builds power tools to create more rural jobs: CEO
New Delhi, April 10 - Sridhar Vembu, Founder and CEO of leading Cloud software provider Zoho, said on Wednesday that they have created first-of-its-kind power tools that are ready for commercial production.
Take corrective measures for unfair practices against retail stores: Regulator orders samsung
Seoul, April 10 - The antitrust regulator here said on Wednesday that it has decided to order Samsung Electronics to take corrective steps for interfering with the business operations of its authorised retail stores.
Indian AI startup Neysa raises $20 mn to boost GenAI adoption
Mumbai, April 10 - AI cloud and platform-as-a-service (PaaS) startup Neysa on Wednesday said it has raised $20 million (nearly Rs 166 crore) led by Matrix Partners India, Nexus Venture Partners and NTTVC investment firms.
Paytm Payments Bank’s CEO Surinder Chawla moves on
New Delhi, April 9 - Surinder Chawla, CEO and MD of Paytm Payments Bank, has stepped down from his position, the company said in a regulatory filing on Tuesday.
Govt extends deadline for submitting R&D proposals under Green Hydrogen Mission
New Delhi April 9 - The Ministry of New & Renewable Energy announced on Tuesday that the deadline for submission of R&D proposals under the National Green Hydrogen Mission has been extended to 27th April 2024.