FLY91 ties up with IBS Software for commercial operations
Thiruvananthapuram, April 3 - FLY91, the country’s youngest regional airline, has partnered with IBS Software to power its commercial operations.
Axis Bank says all regulatory nods received for proposed acquisition of shares in Max Life Insurance
New Delhi, April 3 - The Axis Bank said on Wednesday that all the required regulatory approvals for the proposed subscription of shares in Max Life Insurance have been received.
CERT-In warns users of multiple bugs in Android, Mozilla Firefox
New Delhi, April 3 - The Indian Computer Emergency Response Team (CERT-In), which comes under the Ministry of Electronics & Information Technology, on Wednesday warned users of multiple vulnerabilities in Android and Mozilla Firefox web browsers which could allow an attacker to obtain
Nearly 1 million Bangladeshis may slip into poverty: World Bank
Dhaka, April 3 - Nearly 1 million Bangladeshi people are projected to join the ranks of the moderately poor, who earn less than $3.65 a day in purchasing power parity (PPP), said the World Bank in its Poverty Macro Update on Bangladesh.
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.