Hinduja Group’s IIHL to acquire 60% stake in Invesco India Asset Management
New Delhi, April 9 - IndusInd International Holdings Limited (IIHL), a Mauritius-based investment holding company backed by the Hinduja Group, and Invesco Ltd have announced to enter into a definitive agreement to form a joint venture which will see IIHL acquire 60 per
Google Cloud CEO announces new capabilities, advanced chips for AI era
New Delhi, April 9 - Google Cloud CEO Thomas Kurian on Tuesday announced several new capabilities and solutions in the AI era to drive customer success and momentum, including custom silicon advancements, Google Axion which is the company’s first custom Arm-based CPU designed
EU, India join hands to nurture startups in EV battery recycling field
New Delhi, April 9 - In a fillip to the country’s electric vehicle (EV) goals, the European Union (EU) and India on Tuesday joined hands to promote startups working in the area of battery recycling technologies for EVs.
Ola to shut global operations, to focus on Indian market
New Delhi, April 9 - Ride-hailing company Ola on Tuesday said it has decided to shut down all of its existing global markets, namely the UK, Australia and New Zealand amid rising competition.
ISH, Sommet Education and Accor Group announce Indian talent development initiative
New Delhi, April 9 - India's hospitality sector is renowned for its rich and diverse cultural heritage and exceptional warmth. The country offers a broad range of experiences, from luxury resorts to heritage hotels, making it a desired destination for global travellers eyeing
Indian markets hit a fresh intraday peak
Mumbai, April 9 - Indian markets reached a fresh intraday peak before seeing profit-booking at higher levels in anticipation of Wednesday's key US inflation data, which carries weight in determining future rate cuts by the US Fed, says Vinod Nair, Head of Research,
Auto parts maker Musashi appoints Naoya Nishimura as CEO for India, Africa
New Delhi, April 9 - Japanese auto parts manufacturer Musashi, on Tuesday announced the appointment of Naoya Nishimura as its Chief Executive Officer (CEO) for India and Africa region.
Altair expands operations in India, opens new office
New Delhi, April 9 - US-based information technology company Altair on Tuesday expanded its operations in India by opening a new office.
Synapses launches $125mn VC fund for STEM innovations in climate & health tech
New Delhi, April 9 - Synapses on Tuesday announced the launch of a $125 million venture capital fund to identify and support STEM (Science, Technology, Engineering and Mathematics)-based solutions for climate change and health.
Tesla’s entry in India a natural progression: Elon Musk
New Delhi, April 9 - The entry of Tesla in India, as the company scouts for factory land, will be a natural progression, its CEO Elon Musk has said, as the country gears up for mobility transformation.
Bajaj Allianz Life introduces premium payment options on WhatsApp
New Delhi, April 9 - Bajaj Allianz Life Insurance on Tuesday said that it partnered with Meta to introduce premium payment options on WhatsApp for customers to seamlessly manage their policies and payments all in one place.
EV firm Ultraviolette unveils industry-1st coverage up to 8 lakh kms for F77 e-bike
Bengaluru, April 9 - Global EV company Ultraviolette Automotive on Tuesday announced an industry-leading battery and drivetrain warranty structure for its flagship electric motorcycle called F77 that offers coverage spanning up to 800,000 kms.
PayU partners PayPal to improve cross-border payments for Indian merchants
New Delhi, April 9 - Leading online payment solutions provider PayU on Tuesday announced its partnership with the US-based fintech company PayPal to enhance the cross-border payment experience for Indian merchants.
India gears up to woo investors for ‘Clean Economy’ startups at 14-nation meet in Singapore
New Delhi April 9 - India plans to showcase its leadership position in the Clean Economy space and the various innovative solutions driving it in the forthcoming investor forum meeting of the Indo-Pacific Economic Framework for Prosperity (IPEF) to be held in Singapore
Maruti Suzuki India’s new vehicle assembly plant starts rolling out cars
Chennai, April 9 - Passenger car major Maruti Suzuki India Limited on Tuesday said its new vehicle assembly line at its Manesar facility went on stream rolling out its Ertiga model first.
Invenco by GVR expands India footprint, unveils technology centre
New Delhi, April 9 - Global provider of self-service payment solutions Invenco by GVR on Tuesday said that it has expanded its footprint in India by unveiling a new technology centre.
SPPL launches e-commerce platform, aims to do yearly business of Rs 100 cr
New Delhi, April 9 - Homegrown consumer electronics player Super Plastronics Pvt Ltd (SPPL) on Tuesday launched its own e-commerce platform with an aim to do a yearly business of Rs 100 crore.
India leads Web3 adoption globally with over 1,000 startups: Report
New Delhi, April 9 - India now has one of the largest Web3 ecosystems in the world, with more than 1,000 startups and over 35 million traders, a new report showed on Tuesday.
MSCI India index rebalancing could see inclusion of 18 stocks with inflow of $2.7 bn
New Delhi, April 9 - MSCI India Standard Index rebalancing announcement scheduled on May 14 is expected to see one of the largest inclusions of 18 stocks with inflows of $2.7 billion.
X employees facing arrest in Brazil: Elon Musk
New Delhi, April 9 - Tesla and SpaceX CEO Elon Musk on Tuesday alleged that employees of his X social media platform in Brazil are facing arrest amid his ongoing stand-off with the judiciary over blocking some X accounts.