Started my career on shop floor of auto plant: Anand Mahindra to Elon Musk
New Delhi, March 29 - Mahindra Group Chairman Anand Mahindra, on Friday, revealed that he started his career on the shop floor of an auto plant, as he responded to Tesla and SpaceX CEO Elon Musk.
Sales turnover of Government e-Marketplace doubles to Rs 4 lakh crore in 2023-24
New Delhi, March 29 - The Government e-Marketplace (GeM) has closed the 2023-24 financial year with a Gross Merchandise Value (GMV) of a staggering Rs 4 lakh crore which is double that of the corresponding figure for the previous fiscal year (2022-23), the
Political stability has given India a new sense of confidence: JKLU Laureate awardee Deepak Parekh
Jaipur, March 29 - Amid geological tensions impacting the global economy, India has maintained its pace of having the fastest-growing GDP rates among major economies, thanks to the political stability that the country enjoys today which has given it a new sense of
Complaints against Alibaba Group’s AliExpress triple in S. Korea last year
Seoul, March 29 - Complaints filed against AliExpress, the e-commerce retail platform of China's Alibaba Group, in South Korea nearly tripled in 2023 from a year earlier, a state-run consumer organisation said on Friday.
Samsung, employees agree to 5.1 pc pay raise for 2024
Seoul, March 29 - Samsung’s management and its workers agreed to an average 5.1 per cent pay raise for the year, sources said on Friday.
World should develop the concept of Green GDP: PM Modi
New Delhi, March 29 - Prime Minister Narendra Modi on Friday said India is making rapid advancements in the renewable energy sector, like solar, wind energy and green hydrogen, thus building 'Green GDP' which the world economies should embrace to tackle the burning
Delhi HC to examine Google’s Advertising terms for legal remedies in India
New Delhi, March 29 - The Delhi High Court has said that it will examine whether the terms of Google’s advertising programme unjustly restricts advertisers from seeking legal remedies or opting for arbitration within India.
RBI to shut Rs 2000 banknote exchange facility for a day on April 1
Mumbai, March 28 - The RBI announced on Thursday that the facility for exchange and deposit of Rs 2000 banknotes will not be available on April 1 at the central bank’s 19 offices due to operations associated with the annual closing of accounts.
Wipro, Indian Institute of Science to offer online Master’s programme in AI
Bengaluru, March 28 - Amid the government's call to bridge the skill gap in emerging technologies, IT major Wipro on Thursday announced a collaboration with the Indian Institute of Science (IISc) to offer eligible employees a higher education programme in artificial intelligence (AI).
1 in 4 YouTube creators are earning money via Shorts, says company
New Delhi, March 28 - More than one in four YouTube creators, who are part of its ad sharing programme, are now earning money with the short-form video service Shorts, the company said on Thursday.
India’s core sector industries clock 6.7 pc growth in Feb
New Delhi, March 28 - The eight core industries that include sectors such as coal, cement, steel and electricity posted a 6.7 per cent growth in February this year compared to the same month of the previous year, according to an official figures
Expert Committee submits report on regulatory regime for GIFT IFSC
New Delhi, March 28 - The Expert Committee on developing the Gujarat International Finance Tech-City International Financial Services Centre (GIFT IFSC) as a Global Finance and Accounting Hub has recommended a comprehensive regulatory regime for undertaking bookkeeping, accounting, taxation and financial crimes compliance
FTX CEO Sam Bankman-Fried sentenced to 25 years in prison
San Francisco, March 28 - Sam Bankman-Fried, the co-founder and CEO of collapsed crypto exchange FTX, was on Thursday sentenced to 25 years in prison in the US for seven counts of conspiracy and fraud charges.
Centre’s transfer of tax revenue to states up by over Rs 2.25 lakh crore in 2023-24
New Delhi, March 28 - The Centre has transferred Rs 10,33,433 crore to State Governments as devolution of share of taxes during the 11 months of the current financial year up to February 2024 which is Rs 2,25,345 crore higher than the previous
Global smartphone shipments to reach 1.2 billion units this year: Report
New Delhi, March 28 - Global smartphone shipments in 2024 are likely to see a modest rebound of 3 per cent (year-on-year) to reach 1.2 billion units, a report showed on Thursday.
AI security startup SydeLabs raises funds to secure GenAI systems
Bengaluru, March 28 - AI security and risk management startup SydeLabs on Thursday said it has raised $2.5 million in its seed funding round to build solutions aimed at securing generative AI systems for enterprises.
Reliance Industries invests in Mahan Energen, a wholly-owned subsidiary of Adani Power
New Delhi, March 28 - An investment agreement has been entered into among Mahan Energen Limited (MEL), a wholly owned subsidiary of Adani Power Limited (APL), Reliance Industries Limited (RIL) and APL, in terms of which RIL has agreed to subscribe and MEL
NCLT refuses to defer Byju’s EGM to raise capital via rights issue
New Delhi, March 28 - In a breather for embattled edtech company Byju's, the National Company Law Tribunal (NCLT) on Thursday refused to stay the extraordinary general meeting (EGM) called by the board of directors to raise the capital via the rights issue.
NXP Semiconductors unveils industry-first platform for software-defined vehicles
New Delhi, March 28 - NXP Semiconductors on Thursday said it has broken through the integration barriers for next-generation software-defined vehicle (SDV) development with the introduction of a new platform.
Smart TV shipments drop 16 pc as premium TVs drive growth in India: Report
New Delhi, March 28 - India's smart TV shipments declined 16 per cent (year-on-year) in 2023 but QLED smart TV shipments increased by 110 per cent YoY, a new report showed on Thursday.