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.
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