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.
HP launches laptops with industry-leading AI tools for creators in India
New Delhi, April 3 - PC and printer major HP on Wednesday launched Envy x360 14 laptops with advanced artificial intelligence (AI) features for the creators' community in India.
Govt steps up efforts to meet peak summer power demand without outages
New Delhi, April 2 - The government has stepped up its efforts to ensure that the electricity demand in the upcoming peak summer season is met in the country without any outages.
CCI okays IFC’s acquisition of Northern Arc shares
New Delhi, April 2 - The Competition Commission of India (CCI) has approved the acquisition of compulsorily convertible preference shares in Northern Arc Capital Limited by the World Bank’s International Finance Corporation (IFC).
Apple’s services revenue likely to cross $100 bn mark in 2025: Report
New Delhi, April 2 - Apple's services revenue is likely to cross the $100 billion mark for the first time, despite legal and regulatory risks, accounting for one-fourth of its revenue by 2025, a new report said on Tuesday.
FSSAI tells e-commerce firms to stop misuse of ‘Health Drink’ tag to push sales
New Delhi, April 2 - The Food Safety and Standards Authority of India (FSSAI) has asked all e-commerce food business operators to ensure appropriate categorisation of food products being sold on their websites and not misuse terms such as Health Drink and Energy
JSW Energy gets board nod to raise Rs 5,000 crore through share sale
Mumbai, April 2 - Billionaire Sajjan Jindal-led group company JSW Energy said on Tuesday that its board of directors has approved a proposal to raise Rs 5,000 crore via the sale of shares to institutional investors.
Meta purged over 18 mn pieces of bad content on FB, Insta in India in February
New Delhi, April 2 - Meta said that it took down over 13.8 million pieces of bad content across 13 policies for Facebook and over 4.8 million pieces of objectionable content across 12 policies for Instagram in India in February.
TRAI releases consultation paper to formulate ‘National Broadcasting Policy 2024’
New Delhi, April 2 - The Telecom Regulatory Authority of India (TRAI) on Tuesday released a consultation paper for formulation of the ‘National Broadcasting Policy 2024’, in an effort to bolster the broadcasting sector which is a sunrise industry.
Company boards must navigate complexities of data privacy in DPDP era: Report
New Delhi, April 2 - In an era where data is both an asset and a liability, it is important for company boards to consider integrating comprehensive risk management and resilient oversight to navigate the complexities of data privacy, a new report showed
BMW Group, Tata Technologies to develop automotive software solutions in India
New Delhi, April 2 - The BMW Group and Tata Technologies on Tuesday announced they are establishing an automotive software and IT development hub with locations in Pune, Bengaluru and Chennai.
Electric vehicle sales in South Korea cross 5 lakh: Industry data
Seoul, April 2 - The number of cumulative electric vehicle (EV) registrations in South Korea surpassed the 500,000 mark last year, according to industry data on Tuesday.
Digital infrastructure is taking India towards Viksit Bharat: Finance Minister Nirmala Sitharaman
Chennai, April 2 - Union Finance Minister Nirmala Sitharaman on Tuesday said that the digital infrastructure is taking the country towards attaining Viksit Bharat by 2047.
Vistara pilots’ protest: 52 flights cancelled today
New Delhi, April 2 - A total of 52 Vistara flights were cancelled on Tuesday after pilots remained on mass sick leave in protest against the terms of a new contract following the airline's decision to merge with Air India.