Indian SaaS startups poised to create 100 new AI unicorns: Report
Bengaluru, March 19 - Indian AI software-as-a-service (SaaS) startups are poised for the next wave of innovation, helping create 100 new AI unicorns, a new report showed on Tuesday.
Adani Electricity introduces EV ‘Share Charge’ for Mumbai housing societies
Mumbai, March 19 - The Adani Electricity Mumbai Ltd has launched the ‘Share Charge’ initiative, simplifying electric vehicle charging in residential complexes in the city, an official spokesperson said here on Tuesday.
Ashok Leyland ties up with Minus Zero for developing self-driving trucks
Chennai, March 19 - Commercial vehicle manufacturer Ashok Leyland on Tuesday announced a strategic partnership with tech startup Minus Zero to develop self-driving trucks.
Bribery ‘highly unlikely’ for Adani Group due to robust transparency in energy sector in India: JP Morgan
New Delhi, March 19 - Given the high level of transparency involved in various renewable energy tenders floated in India, the scope for corruption and bribery looks "highly unlikely" for the Adani Group, a JP Morgan report said on Tuesday, adding that the
BHEL wins order for setting up 1600 MW plant for NTPC
New Delhi, March 19 - Public sector engineering giant Bharat Heavy Electricals Ltd (BHEL) on Tuesday announced that it has won an order for setting up 1,600 MW Singrauli Supercritical Thermal Power Plant (STPP) Stage-III from NTPC through the global competitive bidding route.
HCLTech, global chip IP provider CAST to offer customised semiconductors
New Delhi, March 19 - HCLTech and global semiconductor Intellectual Property (IP) provider CAST on Tuesday announced plans to offer customised chips to enable Original Equipment Manufacturers (OEMs) across industries to accelerate their digital transformation.
Bank of Japan ends decades-long negative interest policy
New Delhi, March 19 - The Bank of Japan (BoJ) decided to end its negative short-term policy rate, which started in January 2016, and its yield curve control scheme, introduced in September in 2016. The policy rate hike is the first since July
Witnessed 100 pc surge in online business for academic year 2024-25: Physics Wallah
New Delhi, March 19 - Edtech platform, Physics Wallah (PW) on Tuesday said it has seen over 100 per cent growth in its online business for the forthcoming academic year 2024-25.
Need to make Hydrogen cleaner and more economical: Govt scientific advisor
New Delhi, March 19 - The five-day Steering Committee Meeting of the 23-nation International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) is being convened in the national capital during March 18 -22. The participants will hold discussions on new developments
Adani Vizhinjam Port wins ‘International Safety Award’ from British Safety Council
Thiruvananthapuram, March 19 - In recognition of its commitment to keeping workers and workplaces healthy and safe, Adani Vizhinjam Port Private Limited (AVPPL) has won the ‘International Safety Award’ for 2023 from the British Safety Council.
India’s outward FDI rises to $3.05 billion in Feb
Mumbai, March 18 - India's outward foreign direct investment (FDI) commitments rose by 7.8 per cent to $3.05 billion year-on-year in February 2024, compared to $2.83 billion in February 2023, according to the latest data released by the RBI on Monday.
Cisco completes $28 billion acquisition of cybersecurity leader Splunk
San Francisco, March 18 - Networking major Cisco on Monday announced it has completed the acquisition of Splunk, the leader in cybersecurity and observability, for about $28 billion in the generative AI era.
With branch in GIFT City, Star Health to attract inward reinsurance, offer NRIs risk cover
Chennai, March 18 - Standalone health insurer Star Health and Allied Insurance Company Ltd on Monday said it will offer non-resident Indian (NRI) focused insurance and also attract foreign inward reinsurance with its branch in the International Financial Services Centre, GIFT City, Gujarat
Nifty recovers in second half to close with gains
Mumbai, March 18 - The Nifty recovered in the second half of the session to close with gains of 32.35 points, or 0.15 per cent, at 22,055.70 levels on Monday.
French carmaker Citroen joins India’s BluSmart Mobility to deploy 4,000 EV SUVs
Bengaluru, March 18 - French carmaker Citroen on Monday joined hands with Indian EV company BluSmart Mobility to expand the homegrown firm's all-electric fleet in the country.
Narayana Murthy gifts Infosys stock worth over Rs 240 crore to 4-month-old grandson
New Delhi, March 18 - India has probably seen its youngest millionaire in Ekagrah Rohan Murty - the four-month-old grandson of Infosys founder N.R. Narayana Murthy.
India can create more jobs in esports, game development: CII
Pune, March 18 - Even as India's gaming sector is poised for significant growth, more jobs can be created in the country in the esports and game development industry, according to experts at the Confederation of Indian Industry (CII).
Govt plans to roll out e-buses in all cities, some long routes: Gadkari
New Delhi, March 18 - Minister of Road Transport and Highways Nitin Gadkari on Monday said that the government has plans to introduce electric buses in all Indian cities as well as some long routes such as Delhi-Shimla, Delhi-Chandigarh and Pune-Mumbai over the
DRPPL launches survey of Dharavi to collect data from informal tenement residents
Mumbai, March 17 - Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the Maharashtra government and the Adani Group, on Monday launched a survey at the Kamala Raman slum to collect data from lakhs of informal tenement residents of Dharavi.
Balance of trade favourable with government’s impetus for exports
New Delhi, March 18 - The balance of trade has been favourable with the government’s impetus for exporting manufactured goods under the Production Linked Incentives (PLI) scheme, building infrastructural facilities amid easing of global commodity prices, besides revival of service receipts, said Amnish