Adani Group completes first phase of ‘twinning’ of international terminal at Thiruvananthapuram Airport
Thiruvananthapuram, Mar 6 - The Thiruvananthapuram International Airport, run by the Adani Group, has successfully completed the first stage of "twinning" of its international terminal (T-2).
Musk says will drop lawsuit if OpenAI changes name to ClosedAI
New Delhi, March 6 - Tesla and SpaceX CEO Elon Musk on Wednesday said that he will drop the lawsuit if OpenAI changes its name to 'ClosedAI'.
Sensex scales 74K peak for first time; last 1,000 points rally took 37 sessions
Mumbai, March 6 - The Sensex jumped 409 points on Wednesday to close above the 74,000 mark for the first time.
Powell reiterates US Fed not ready to start cutting interest rates
Washington, March 7 - US Federal Reserve Chair Jerome Powell has reiterated that the central bank is not ready to start cutting interest rates, noting that he needs to see a little bit more data before taking any action.
Nifty hits fresh record highs in volatile trade
Mumbai, March 6 - The Nifty ended on a positive note on Wednesday after a highly volatile session, hitting fresh record highs.
India’s growing stature in the global economy
New Delhi, March 6 - The GDP forecast upgrade by Moody’s and India’s inclusion in the Bloomberg bond index have added to India’s growing importance in the global economy.
NLC India’s renewable power subsidiary signs PPA with Gujarat Urja Vikas Nigam
Chennai, March 6 - Integrated mining-cum-power generation company NLC India Ltd on Wednesday said its wholly-owned subsidiary NLC India Green Energy Ltd (NIGEL) has won the 600 MW solar power project in the GSECL Khavda Solar Park tender, floated by Gujarat Urja Vikas
Airbus, IIM-Mumbai join hands to provide aviation education, skills
Mumbai, March 6 - Airbus and the Indian Institute of Management, Mumbai (IIM-Mumbai), have joined hands to provide aviation education to professionals and empower them with industry-ready skills through the Airbus Beyond programmes, officials said here on Wednesday.
India’s latest carrier Fly 91 gets air operator certificate
New Delhi, March 6 - India's latest carrier Fly91 has received the Air Operator Certificate (AOC) from aviation watchdog DGCA, it was announced on Wednesday.
J. Kumar Infra to build bridges for Mumbai Eastern Freeway, Navi Mumbai creek
Mumbai, March 6 - The BrihanMumbai Municipal Corporation (BMC) has awarded a Rs 1,330 crore contract to J. Kumar-RSP (JV) for constructing an elevated road corridor for the Eastern Freeway in south Mumbai, an official said here on Wednesday.
India’s chip manufacturing progress under PM Modi begins to jolt China’s dominance
New Delhi, March 6 - As India embarks on its ambitious semiconductor journey with a likely groundbreaking ceremony of three new semiconductor projects worth $15.14 billion, including two from the Tata Group, next week, the bold initiative under Prime Minister Narendra Modi’s leadership
Profit booking in mid and smallcaps reflecting worries about stretched valuations
Mumbai, March 6 - The domestic market exhibited a smart recovery in the second half on Wednesday, reversing initial losses as buying picked up in largecap stocks, said Vinod Nair, Head of Research at Geojit Financial Services.
Top Indian women founders to share innovation stories at ‘Startup Mahakumbh’
New Delhi, March 6 - The much-awaited 'Startup Mahakumbh', the largest celebration of Indian startups, will witness top women founders who will share their innovation stories and highlight their pivotal role within the ecosystem.
Cut & polished diamond exports to dip about 25-30 pc in FY24: CARE Ratings
Chennai, March 6 - Economic conditions in the US and China, growing market for lab grown diamonds (LGD), other avenues for discretionary spending and geopolitical conditions is taking the glitter off the Indian cut and polished diamond (CPD) industry.
Indian aviation sector to log 8-13 pc passenger traffic growth in FY24
Chennai, March 6 - Credit rating agency ICRA on Wednesday said the Indian air passengers traffic is expected to grow by 8 to 13 per cent in FY24 to touch 150-155 million to surpass the pre-Covid levels of 141.2 million in FY20.
India records big jump in agricultural exports to Iraq, Saudi Arabia, Vietnam, UK
New Delhi, March 6 - India’s exports of agricultural products to major markets like Iraq, Vietnam, Saudi Arabia, and the UK, surged by 110 per cent, 46 per cent, 18 per cent, and 47 per cent, respectively, during April-November 2023, compared to the
Aviation industry to see 8 to 13 pc surge in domestic passengers: ICRA report
New Delhi, March 6 - Despite facing supply chain challenges and engine failures, Indian aviation industry is set to scale new heights in the coming years, according to a recent report by ICRA, a leading credit rating agency.
IT Minister to launch NITI Aayog’s platform to boost digital transformation of governance
New Delhi, March 6 - In order to further empower the digital transformation of governance, Union IT and Telecom Minister Ashwini Vaishnaw will launch NITI Aayog’s ‘NITI For States’ platform in the Capital on Thursday.
Gadkari approves Rs 553 cr project for 4-laning highway in Bengal
New Delhi, March 6 - Union Road Transport and Highways Minister Nitin Gadkari on Wednesday said that an allocation of 553.12 crore has been approved for the development and four-laning of the Krishnagar-Behrampore and Barasat–Barajaguli sections on National Highway–34, spanning across Nadia, Murshidabad
Louisa AI secures $5 mn funding to enhance its tech
New Delhi, March 6 - Artificial intelligence (AI) powered platform Louisa AI on Wednesday announced that it has secured $5 million in seed funding to enhance its technology designed to systematise “serendipity” in professional settings.