India on the path to its next industrial revolution, Industry 4.0, say analysts
New Delhi, March 26 - India is on the path to its next industrial revolution, Industry 4.0, as per analysts at Anand Rathi Share and Stock Brokers.
Mumbai overtakes Beijing to become Asia’s new billionaire capital
New Delhi, March 26 - Mumbai has surpassed Beijing to emerge as Asia's new billionaire capital while India has overtaken Germany to become the third-ranked country globally with 271 billionaires, according to the latest Hurun Research Institute report.
Indian tech startups receive $1.6 bn in funding in Q1 2024; retail, fintech lead
New Delhi, March 26 - The Indian tech startup ecosystem received $1.6 billion in total funding in the first quarter this year (till March 15), becoming the fourth-highest nation globally in terms of funding raised during this period, a new report showed on
We’re leading energy transition for generations to come: Gautam Adani
New Delhi, March 26 - It is our duty to take care of our planet - not only for this generation and the next but also for generations to come - and Adani Green Energy is leading an energy transition that honours this
S&P Global ups India’s growth forecast for 2024-25
Mumbai, March 26 - S&P Global Ratings on Tuesday raised India's growth forecast for 2024-25 by 0.4 per cent to 6.8 per cent on the back of strong domestic demand.
Adani Green Energy Gallery in UK to explore sustainable energy options to fight climate change
Ahmedabad, March 26 - The Adani Green Energy Gallery, inaugurated at the Science Museum in London, UK on Tuesday aims to explore options that will help generate energy sustainably, decarbonise and fight climate change.
Adani Ports acquires Gopalpur Port in Odisha for Rs 3,080 crore
Ahmedabad, March 26 - Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has acquired 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL) for Rs 3,080
India’s Voltech Group seeks to expand in nuclear sector
Sochi (Russia), March 25 - The Rs 1,000 crore Voltech Group, which is majorly into testing, commissioning, and maintenance of electrical systems in power and other plants, is looking to expand into the nuclear field in a major way, a top group official
Tim Cook extends Holi wishes with colourful picture shot on iPhone
New Delhi, March 25 - Apple CEO, Tim Cook on Monday extended Holi wishes. Cook, who shared the greetings on X, added a picture showcasing the festival's vibrant colour and joy, shot on the iPhone.
Samsung to further drive growth with premiumisation this year again in India: Raju Pullan
New Delhi, March 24 - With a focus on premiumisation, Samsung will be able to drive further growth this year again in India, Raju Pullan, Senior Vice President (VP) and Head of MX Business at Samsung India, said on Sunday.
Elon Musk thought that OpenAI would fail: Sam Altman
San Francisco, March 24 - OpenAI's CEO Sam Altman has said that Tesla and SpaceX CEO Elon Musk thought that the ChatGPT-maker company would fail and "he chose to part ways".
Maruti Suzuki acquires stake in homegrown AI startup Amlgo Labs
New Delhi, March 23 - Maruti Suzuki India on Saturday announced it has invested in Amlgo Labs Private Limited, an Artificial Intelligence and Machine Learning (AI-ML)-led startup.
Robust investment, strong demand driving India’s growth amid global slowdown: Finance Ministry
New Delhi, March 22 - Robust investment activity and strengthening private consumption demand is driving growth in the Indian economy amidst the sluggish global growth, according to the Finance Ministry’s monthly review released on Friday.
DGCA imposes Rs 80 lakh fine on Air India for flight duty timing violations
New Delhi, March 22 - India's aviation regulator, DGCA, has imposed a financial penalty of Rs 80 lakh on the Tata-owned Air India for violation of flight duty time limitations (FDTL) and fatigue management system (FMS) regulations of flight crews.
RBI meeting reviews economic outlook amid global challenges
Mumbai, March 22 - The RBI's Central Board of Directors at a meeting held in Nagpur on Friday reviewed the global and domestic economic situation and outlook, including the challenges posed by geopolitical developments and global financial market volatility.
UK regulator to launch in-depth probe into $19 bn Vodafone-Three UK merger
London, March 22 - The Competition and Markets Authority (CMA) in the UK on Friday confirmed that it is launching an in-depth investigation into the proposed $19 billion merger between Vodafone and Three UK, saying the deal could lead to higher prices for
Global experts laud India’s roadmap for big push to Green Hydrogen
New Delhi, March 22 - The Vice Chair of the 23-nation International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), Dr Noe Van Hulst, has said that the participating countries of IPHE are impressed by India's National Green Hydrogen Mission, its
Tech Mahindra, IBM open Synergy Lounge to boost digital adoption in APAC
New Delhi, March 22 - Tech Mahindra in collaboration with tech major IBM on Friday announced the opening of a Synergy Lounge to accelerate digital adoption for enterprises in APAC (Asia-Pacific).
India is the next big playground for AI: Samsung VC, CEO JH Han
New Delhi, March 22 - Samsung Electronics Vice Chairman, CEO and Head of the Device eXperience (DX) Division Jaong-Hee (JH) Han, who visited Samsung BKC at Jio World Plaza, Mumbai for the first time since the store's opening, said on Friday that India
Spreads of India steel players likely to be under pressure driven by lower realisations
New Delhi, March 22 - Indian steel markets witnessed an unexpectedly soft quarter with average prices down 3-4 per cent sequentially, domestic brokerage firm JM Financial Institutional Securities said.