GenAI spending from banks to reach $85 bn globally by 2030
New Delhi, Jan 23 - The spending on GenAI by banks will reach $85 billion in 2030, from $6 billion globally in 2024 which is a 1,400 per cent growth, a report showed on Tuesday.
Colgate-Palmolive logs Q3 PAT of Rs 330.11 cr
Chennai, Jan 23 - Fast moving consumer goods (FMCG) company Colgate-Palmolive (India) Ltd closed the third quarter of FY 24 with an after tax profit of Rs 330.11 crore.
Zee shares plunge 25% at lower circuit
New Delhi, Jan 23 - Zee Entertainment shares were down a massive 25 per cent on Tuesday.
7 in 10 CEOs globally planning to invest in genAI in 2024: Report
New Delhi, Jan 23 - About seven out of 10 CEOs globally are planning to invest in generative artificial intelligence (genAI) this year, a new report said on Tuesday.
Sensex down more than 500 points led by banks
New Delhi, Jan 23 - BSE Sensex has now slumped more than 500 points on Tuesday with banks leading the fall.
Samsung Galaxy S24 Ultra: AI blends perfectly with productivity, creativity
New Delhi, Jan 23 - Artificial intelligence (AI) is here and when it comes to devices around us, the role of this new technology to boost productivity, creativity and overall daily-life experiences is now being explored by various original equipment manufacturers (OEMs). For
AI launches maiden flight with Airbus A350-900 from Mumbai to Chennai
Mumbai, Jan 22 - Air India operated its maiden flight with the most advanced and the country’s first Airbus A350-900 with the carriers’ new livery on the Mumbai-Chennai sector, here on Monday, said an official.
InterGlobe Enterprises appoints Aditya Pande as Group Chief Executive Officer
New Delhi, Jan 22 - InterGlobe Enterprises on Monday announced the appointment of Aditya Pande as its Group Chief Executive Officer, with effect from March 1, 2024.
Ram Mandir in Ayodhya to attract 5 crore tourists every year: Jeffries report
New Delhi, Jan 22 - Ram Mandir in Ayodhya is expected to have a big economic impact in the region as tourism is projected to surge to 5 crore visitors every year to the holy town, according to global brokerage firm Jeffries.
Worst start to a year for Chinese stocks since 2016
London, Jan 22 - China’s stock market had a rough 2023 and the rout has accelerated in the first few weeks of the New Year, after Beijing dashed hopes that it might do more to support the struggling economy, a media report said.
Coforge’s net profit up over 31% in Q3 FY24, revenue at Rs 2,323 cr
New Delhi, Jan 22 - Digital services and solutions provider Coforge on Monday registered a 31.5 per cent growth in consolidated net profit in the third quarter (Q3) of FY24.
Coal import by power plants declines 40.66% in April-Dec as local production rises
New Delhi, Jan 22 - The country’s power generation based on domestic coal increased by 7.14 per cent to 872 billion units during April-December of the current financial year, compared to 813.9 billion units generated in the same period of the previous fiscal.
India’s first Airbus A350 takes wings with passengers from B’luru to Mumbai
Bengaluru, Jan 22 - Air India on Monday launched its maiden scheduled commercial flight with the country’s first Airbus A350-900 -- also the first aircraft in the new bold Air India livery -- heralding a new era for Indian aviation.
Samsung registers record 2.5 lakh pre-bookings of Galaxy S24 series in India
New Delhi, Jan 22 - Samsung’s newly-launched flagship Galaxy S24 series has seen a record 250,000 pre-bookings in India in just three days, making it the most successful Galaxy S series ever, the company said on Monday.
ITC’s Aashirvaad Svasthi Ghee to spread ‘Aro-ma of Love’ during Pran Pratishtha at Ram Mandir in Ayodhya
New Delhi, Jan 22 - During the sacred occasion of the Pran Pratishtha ceremony at the Lord Ram Mandir in Ayodhya on the 22nd of this month, Aashirvaad Svasthi, ITC's Ghee brand, is set to spread and imbue the ‘Aro-Ma of Love’ in
Sony sends termination letter to Zee to call off merger
New Delhi, Jan 22 - Sony Group Corp. has officially notified Zee Entertainment Enterprises Ltd. that it plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition as
Second Boeing aircraft model to be inspected by US aviation agency
London, Jan 22 - Checks are to be carried out on a second Boeing aircraft model in the US following the blowout of an unused door on one of its planes earlier this month, media reports said.
Ascent of UP as the face of New India
New Delhi, Jan 21 - Uttar Pradesh appears headed for a tipping point, scripting a success story as it recognizes and reaps the opportunities sweeping New India, working on key enablers to attain a sizable economic order, a report by the Economic Department
Farm sector to get Interim Budget boost for food security, inclusive growth
New Delhi, Jan 21 - The Interim Budget to be presented by Finance Minister Nirmala Sitharaman on February 1 will aim to give a major boost to the agricultural sector in order to enhance the country’s food security and ensure inclusive growth in
Ayodhya can set a template for India’s tourism boost: Report
New Delhi, Jan 21 - The grand opening of Ram temple in Ayodhya on January 22 is a big religious event. It also comes with a large economic impact as India gets a new tourist spot which could attract 50 million plus tourists