Micron begins volume production of new chip for AI workloads
San Francisco, Feb 26 - Semiconductor leader Micron Technology on Monday announced it has begun volume production of its HBM3E (high bandwidth memory 3E) solution, that will help reduce data centre operating costs by consuming about 30 per cent less power than its
Revamped Dharavi businesses to get SGST concessions for 5 years
Mumbai, Feb. 26 - Eligible industries and commercial units in Mumbai's redeveloped Dharavi will be entitled to enjoy several benefits, including a refund of State Goods & Services Tax (SGST) for five years, the Dharavi Redevelopment Project Pvt. Ltd., a joint venture of
Samsung unveils Galaxy Ring with health-tracking features at MWC
Seoul, Feb 26 - Samsung Electronics on Monday unveiled the long-awaited Galaxy Ring smart device for the first time at the ongoing Mobile World Congress (MWC) 2024.
Next innovation wave to emerge from semiconductors, AI in India: Union Minister
New Delhi, Feb 26 - The country has created a thriving startup innovation ecosystem in the past 2-3 years and the next wave will emerge from areas such as semiconductors, microelectronics, artificial intelligence (AI) and high-performance computing, Union Minister of State for Electronics
Nifty slips on profit booking in heavyweights
Mumbai, Feb 26 - Nifty remained sideways throughout the session on Monday with negative bias and closed with a loss of 91 points at 22,122 levels.
Oil India Ltd to hold global partner roadshow in UAE
New Delhi, Feb 26 - Oil India Limited (OIL), India's youngest Maharatna central public sector enterprise, has announced its first-ever global partner roadshow: "Confluence: Where Energy and Opportunity Converge" which is scheduled to take place on 28th February at Abu Dhabi in the
Centre announces relief package for Andhra, Karnataka tobacco farmers
New Delhi, Feb 26 - The Centre has announced a relief package for FCV (Flu Cured Virginia) tobacco farmers in Andhra Pradesh and Karnataka which includes interest free loans and waiving of penalties.
Govt expedites Byju’s financial inspection, firm says complied with MCA directions
New Delhi, Feb 26 - As the government expedites the inspection of financial books of embattled edtech major Byju's, the company said on Monday that it has responded with all necessary responses along with documents to the Ministry of Corporate Affairs (MCA) and
Bhavish Aggarwal launches India’s AI chatbot ‘Krutrim AI’
New Delhi, Feb 26 - Ola founder and chairman Bhavish Aggarwal on Monday launched India's artificial intelligence (AI) chatbot 'Krutrim AI' to take on OpenAI's ChatGPT and Google's Gemini.
Rural livelihoods have seen an improvement implying success of govt policy
New Delhi, Feb 26 - The results of the Household Consumption Expenditure Survey (HCES) for 2022-23 demonstrates that rural livelihoods have seen an improvement, especially for the lowest-income classes, as per an analysis by Emkay Global Financial Services.
Sony Pictures denies reports of acquiring stake in OTT platform Aha
New Delhi, Feb 26 - Sony Picture India has denied speculation of an acquisition of a stake in OTT platform Aha.
Truecaller launches AI-powered call recording for iOS, Android users in India
New Delhi, Feb 26 - Leading caller identification app Truecaller on Monday launched an AI-powered call recording feature in India for iOS and Android platforms.
Water security to be important for semiconductor industry players: S&P Global Ratings
Chennai, Feb 26 - Credit rating agency S&P Global Ratings on Monday said semiconductor chip makers must focus on managing their water resources as water security will be an important factor in their credit profiles.
India is in multiple sweet spots from geo-strategic to demographics
New Delhi, Feb 26 - India is in multiple sweet spots. From geostrategic to demographics, there are plenty of well-discussed motivating factors for global investors to look at India favourably, Taimur Baig, MD and Chief Economist, DBS Group Research and Nathan Chow, Senior
‘Viksit Bharat’ by 2047: Govt focused on long-term gains, says Rajnath Singh
New Delhi, Feb 24 - Defence Minister Rajnath Singh on Saturday said that the government is focusing on long-term gains and not short-term outcomes to make India a developed nation by 2047.
PM Modi to inaugurate Bharat Tex 2024, one of largest-ever global textile events in country
New Delhi, Feb 26 - Prime Minister Narendra Modi will inaugurate Bharat Tex - 2024, one of the largest-ever global textile events to be organised in the country, at Delhi's Bharat Mandapam on Monday.
India’s poverty level has fallen below 5%: NITI Aayog CEO
New Delhi, Feb 26 - The latest household consumer expenditure survey indicates that India's poverty level has fallen below 5 per cent and people are becoming more prosperous both in the rural and urban areas, NITI Aayog CEO B.V.R. Subrahmanyam said on Sunday.
Vietnam’s EV firm Vinfast breaks ground for its facility in India
New Delhi, Feb 25 - Vietnam's leading electric vehicle (EV) manufacturer VinFast on Sunday broke ground for its first integrated EV manufacturing facility in India.
Aadhaar, Jan Dhan giving big push to digital India ecosystem: Instamojo’s CEO
New Delhi, Feb 25 - As the government rapidly adopts and moves forward in its digital journey, D2C (direct-to-consumer) tech company Instamojo's co-founder and CEO Sampad Swain on Sunday said that Aadhaar and Jan Dhan Yojana have given a big push to the
I’m still the CEO, management remains unchanged: Byju Raveendran
New Delhi, Feb 24 - Edtech company Byju’s founder Byju Raveendran on Saturday refuted reports of being fired from the company, saying such rumours were greatly exaggerated and he remains at the helm.