Rolls Royce successfully kicks off flight test of aero engine Pearl 10X
New Delhi, April 3 - Rolls-Royce said that it successfully kicked off the flight test campaign for its latest aero engine for the business aviation market, the Pearl 10X, on the company’s dedicated Boeing 747 flying testbed.
Swiggy Instamart VP & Head SCM Karan Arora steps down
New Delhi, April 3 - Swiggy Instamart's vice president and head of supply chain management (SCM), Karan Arora, on Wednesday announced his departure from the company after a three-and-a-half year tenure with the firm.
Samsung India expects Bespoke AI devices to contribute 70 pc to its sales by 2025
New Delhi, April 3 - Samsung India's head of digital appliances, Saurabh Baishakhia, on Wednesday said that the company expects Artificial Intelligence (AI)-powered Bespoke appliances to contribute 70 per cent to its sales in the country by 2025.
Apple doesn’t have access to a customer’s passcode, says company policy
New Delhi, April 3 - Amid the debate over Apple reportedly denying to unlock the iPhone of Delhi Chief Minister Arvind Kejriwal at the request of the Enforcement Directorate (ED), people close to the development said on Wednesday that no one at the
Musk’s Tesla overtakes Mercedes-Benz as 2nd largest seller of imported cars in March
Seoul, April 3 - Elon Musk-run Tesla overtook Mercedes-Benz as the second-largest seller of imported vehicles in South Korea last month, industry data showed on Wednesday.
Over 10 million Pakistanis may fall below poverty line: World Bank
Islamabad, April 3 - The World Bank has cautioned that over 10 million Pakistanis may fall below the poverty line, mainly due to a slothful economic growth rate and spiraling inflation at a staggering 26 per cent for the current fiscal year.
SJVN Ltd ropes in IIT Patna to speed up work on tunnelling projects
New Delhi, April 3 - Hydroelectric power major SJVN Limited has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Patna to use advanced geological models in the company’s tunnelling projects in order to reduce time and cost overruns,
UPI transactions volume surge 56 pc, average ticket size drops 8 pc: Report
New Delhi, April 3 - The number of Unified Payments Interface (UPI) transactions witnessed a staggering growth at 56 per cent (year-on-year) in the second half of last year (H2 2023), with the volume being at 65.77 billion from 42.09 billion in H2
HCLTech, Google Cloud launches initiative to scale ‘Gemini’ to global firms
New Delhi, April 3 - HCLTech on Wednesday announced an expanded partnership with Google Cloud to create industry solutions and drive business value with the tech giant's multimodal large language Artificial Intelligence (AI) model 'Gemini'.
Gold price surges to record high
New Delhi, April 3 - Gold price in India hit a record high Rs 69, 640 per 10 grams on MCX on Wednesday tracking a sharp increase in international prices of the precious metal, driven by the high safe-haven demand amid escalating geopolitical
Mumbai’s JN Port records highest ever container throughput
New Delhi, April 3 - Jawaharlal Nehru Port Authority (JNPA), Mumbai, one of the leading container-handling ports in the country, has recorded its highest-ever throughput of 6.43 million TEUs (twenty-foot equivalent unit) in the fiscal year 2023-24, which represents a 6.27 per cent
Indian firms leading APAC markets when it comes to AI/ML usage: Report
New Delhi, April 3 - Indian enterprises are leading Asia-Pacific (APAC) markets when it comes to Artificial Intelligence (AI) and Machine Learning (ML) usage, a new report revealed on Wednesday.
Highest inflows by domestic funds since April 2020
New Delhi, April 3 - Domestic institutional investors (DIIs) recorded the eighth consecutive month of inflows in March 2024 at $6.8 billion, the highest since April 2020, Motilal Oswal Financial Services said.
Tata Steel files writ petition seeking waiver of loans from Steel Development Fund
New Delhi, April 3 - The High Court of Calcutta has admitted a writ petition filed by Tata Steel in the matter of waiver of loans availed by it from the Steel Development Fund.
J&K’s Gulmarg Gondola cable car project earns record Rs 110 cr in FY 2023-24
Srinagar, April 3 - Breaking all previous records, the Gulmarg ski resort Gondola cable car project has earned a revenue of Rs 110 crore in FY 2023-2024 ferrying over a million tourists and locals.
GenAI startup Vodex raises $2 mn to scale global expansion
New Delhi, April 3 - Homegrown GenAI startup Vodex on Wednesday said it has raised $2 million in a seed round from Unicorn India Ventures, and Pentathlon Ventures.
EAM Jaishankar highlights untapped potential for Indian business community
Ahmedabad, April 2 - External Affairs Minister S. Jaishankar on Tuesday encouraged the Indian business community to look beyond the traditional and mature markets like the US and Europe, and explore the "untapped potential" in regions such as Africa.
World Bank raises India’s GDP growth forecast to 7.5 pc for 2023-24
New Delhi, April 3 - The Indian economy is projected to grow at 7.5 per cent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 per cent.
Samsung to release new products globally at same time
Seoul, April 3 - Samsung on Wednesday unveiled its latest lineup of home appliance innovations with the global launch of its artificial intelligence (AI)-powered products in a bid to offer synchronising consumer experiences worldwide.
Adani Group becomes India’s 1st ‘das hazari’ in renewables sector with over 10,000 MW portfolio
Ahmedabad, April 3 - In a first for the country, Adani Green Energy Limited (AGEL), on Wednesday, said that it has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable and clean power to the national grid.