DBS slashes CEO’s bonus by 30% after disruptions to its digital services
Singapore, Feb 7 - Singapore's biggest bank DBS has slashed its CEO's bonus by 30 per cent after disruptions to its digital services, despite it posting a record profit, a media report said.
India poised to lead global oil demand growth: IEA
New Delhi, Feb 7 - India will become the largest source of growth for global oil demand between now and 2030, while growth in developed economies and China initially slows and then subsequently goes into reverse, according to the latest report of the
Nifty closes flat ahead of RBI policy meeting
Mumbai, Feb 7 - Nifty opened positive on Wednesday but soon lost some sheen to close flat at 21,931 levels. Barring IT, all other sectors ended in green, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services
Nestle net profit up 4% at Rs 656 crore for Oct-Dec
New Delhi, Feb 7 - Nestle India on Wednesday reported a 4.4 per cent rise in net profit at Rs 655.6 crore for the October-December quarter compared to the corresponding figure of Rs 628 crore in the same period of the previous year.
iPhone users targeted by govt hackers with 0-days vulnerabilities: Google
New Delhi, Feb 7 - Google has said that government hackers last year used three undiscovered flaws in Apple's iPhone operating system to target users with spyware created by a European startup.
Wadhwani Foundation launches 3 AI Co-Pilots to boost employability of Indian youth
New Delhi, Feb 7 - Non-profit organisation Wadhwani Foundation on Wednesday launched three new AI Co-Pilots to enhance the employability of Indian youth and young adults.
Bootcamp to be held on Fintech in six UP cities
Lucknow, Feb 7 - The Indian Institute of Management-Lucknow’s Enterprise Incubation Centre (IIML EIC) and Reserve Bank Innovation Hub (RBIH) are organising a UP Fintech Futurepreneurs Bootcamp in six cities beginning February 8.
GM head holds talks with Samsung, LG execs over EV battery, auto parts
Seoul, Feb 7 - The head of the US auto giant General Motors (GM) met with chiefs of Samsung Group affiliates on Wednesday to discuss cooperation in areas involving electric vehicle (EV) batteries and auto electric parts, industry sources said.
Mobile phone manufacturing up 1,700% in last 10 yrs, exports up 5,600%: MoS IT
New Delhi, Feb 7 - The mobile phone manufacturing has increased from an estimated Rs 18,900 crore in 2014-15 to an estimated Rs 3,50,000 crore in 2022-23, making an impressive increase in production by more than 1,700 per cent, the government said on
Not much excitement in markets ahead of RBI policy meet: Report
New Delhi, Feb 7 - Emkay Global Financial Services has said that there is not much excitement in the markets, ahead of the upcoming MPC meet as most are expecting it to be a non-event with traces of dovishness similar to Dec-23.
Microsoft to help India become an AI world leader: Satya Nadella
Mumbai, Feb 7 - As India embarks on its Artificial Intelligence (AI) journey, Microsoft will help the country become self-reliant by fostering a skilled AI workforce and empowering every sector and industry to transform with AI, the company’s Chairman and CEO, Satya Nadella,
Veg thali prices up, non-veg meal costs come down in Jan
Chennai, Feb 7 - At their homes, vegetarians spent 5 per cent more per thali in January 2024 as compared to January 2023 due to higher prices paid for onion, tomato, rice and pulses, as per a report by CRISIL Market Intelligence &
India exports bananas to Russia after Moscow stops purchase from Ecuador
New Delhi, Feb 7 - India has started supplying bananas to Russia with export volumes planned to be increased in the future, media reports said.
Philippines’ unemployment rate drops to decades-low in Dec, 2023
Manila, Feb 7 - Philippines logged drop in unemployment rate to 3.1 per cent in December, 2023, the lowest since 2005, the country's statistics authority said on Wednesday.
AWS launches 1st space tech accelerator programme in India
New Delhi, Feb 7 - Amazon Web Services (AWS) on Wednesday launched the first space tech accelerator programme in India with support from T-Hub and Minfy.
Tata partners Microsoft to provide calling solutions on Teams for Indian enterprises
New Delhi, Feb 7 - Tata Communications on Wednesday announced that it partnered with Microsoft to provide flexibility in collaboration and connectivity on Microsoft Teams for enterprises in India.
Sensex slips below 72K mark
New Delhi, Feb 7 - BSE Sensex slipped into the red in the morning trade on Wednesday giving up its initial gains.
Mutual funds holding in NSE companies at all-time high
New Delhi, Feb 7 - The share of domestic Mutual Funds (MFs) in companies listed on NSE rose to an all-time high of 8.81 per cent as on December 31, 2023, from 8.73 per cent as on September 30, 2023, powered by strong
Microsoft to skill 2 mn Indians in AI, to further invest in country: Satya Nadella
Bengaluru, Feb 7 - Microsoft Chairman and CEO Satya Nadella on Wednesday announced that the company will train more than two million people in India in generative AI skills, to address talent shortage in the AI era.
Meta expands ‘Take It Down’ programme to help teens fight sextortion
New Delhi, Feb 7 - Meta (formerly Facebook) has worked with the US National Center for Missing & Exploited Children (NCMEC) to expand the 'Take It Down' programme to more countries and languages to help millions of teens combat sextortion.