PLI 2.0 for IT hardware: Make global giants feel safe to manufacture in India, say experts
New Delhi, Jan 19 - The IT hardware sector in India is still in a nascent stage and a key factor will be to make global giants like Dell, HP, ASUS, Lenovo, and Acer feel safe to make the country their manufacturing hub,
JetSetGo signs $1.3 billion deal for 280 hybrid-electric aircraft
Hyderabad, Jan 18 - Air service operator JetSetGo on Friday signed a deal with three global aviation tech firms for 280 hybrid-electric aircraft worth over $1.3 billion.
Boeing estimates India will need 2,500 new aircraft by 2042
Hyderabad, Jan 19 - Boeing estimates India will need more than 2,500 new aircraft by 2042 to cater to the needs of its growing civil aviation market.
Money markets to remain shut on Jan 22: RBI
New Delhi, Jan 19 - Reserve Bank of India (RBI) on Friday said that the money markets will remain closed on January 22.
UK retail sales in 2023 lowest since 2018
London, Jan 20 - Retail sales volumes in the UK fell by 2.8 per cent in 2023 compared to a year earlier, marking the lowest level since 2018, the Office for National Statistics (ONS) said in its latest survey.
Japan’s 2023 core inflation hits 41-year high
Tokyo, Jan 19 - Japan's core consumer prices rose 3.1 per cent in 2023 from the previous year, marking the fastest growth in 41 years, the government said in a report on Friday.
PM Modi inaugurates in Bengaluru Boeing’s largest campus outside US
Bengaluru, Jan 19 - Prime Minister Narendra Modi said on Friday that India has been aiming to reduce its offshore dependence on aircraft leasing and financing in the coming years.
Paytm registers bumper operating revenue uptick of 38% YoY, PAT improves by Rs 170cr YoY
New Delhi, Jan 19 - India’s leading payments and financial services company Paytm has shown yet another impressive quarterly growth, registering a bumper operating revenue uptick of 38 per cent YoY, taking the revenue to Rs 2,850 crore in Q3FY24.
Hindustan Unilever logs lower sales, marginal growth in PAT at Rs 2,519 crore
Chennai, Jan 19 - Fast moving consumer goods (FMCG) major Hindustan Unilever Ltd (HUL) closed the third quarter of FY24 with marginally higher profit of Rs 2,519 crore, largely boosted by other income and other operational revenue on a reduced sales.
Central Bank of India logs Rs.717.86 cr profit for Q3
Chennai, Jan 19 - Public sector mortgage lender, Central Bank of India closed the third quarter of FY24 with higher net profit of Rs.717.86 crore.
Airbus, Heligo sign services contract for H145 choppers
Hyderabad, Jan 19 - Airbus on Friday signed a services contract with Heligo Charter Private Limited for six Airbus H145 helicopters deployed for offshore and onshore operations in India.
Hyundai, Kia’s Europe sales hit new high in 2023
Seoul, Jan 19 - Hyundai Motor and its smaller affiliate Kia on Thursday said that their vehicle sales in Europe hit an all-time high in 2023 on brisk demand for SUV and electric models.
AWS to invest over $15 bn in Japan to expand data centres
Tokyo, Jan 19 - Amazon Web Services (AWS), the cloud arm of e-commerce giant Amazon, on Friday announced that it will invest about $15.5 billion (about 2.3 trillion yen) in Japan over five years between 2023 and 2027.
Gadkari clears Rs 344 cr project for expanding Mangaluru-Tumkur highway
New Delhi, Jan 19 - Union Minister for Road Transport and Highways Nitin Gadkari announced on Friday that an allocation of Rs 343.74 crore has been sanctioned for the expansion of the Mangaluru-Mudigere-Tumkur section of NH-73 in Karnataka.
IRFC market capitalisation surpasses M&M, Bajaj Auto
New Delhi, Jan 19 - The Indian Railway Finance Corporation's (IRFC) market capitalisation crossed Rs 2 lakh crore on Friday, surpassing the market capitalisation of Mahindra and Mahindra and Bajaj Auto.
Tata, Uber plan to expand operations in Telangana
Hyderabad, Jan 19 - Tata Group and Uber plan to expand their operations in Telangana while Systra Group is looking to set up a digital centre.
It is super important to honour users’ privacy with AI phones: Samsung’s JB Park
San Jose, Jan 19 - When it comes to enhancing personal experiences for consumers based on generative AI, it means that they must have a secure device and a robust Cloud so that someone cannot look into their personal or private lifestyles, says
OpenAI’s ChatGPT finally enters classrooms in US
San Francisco, Jan 19 - Arizona State University (ASU) in the US and OpenAI have announced a partnership to bring ChatGPT into the classrooms. The university became the first higher education institution to collaborate with OpenAI, the AI research and deployment company behind
Meta’s new feature to remind teens when they spend over 10 min on Insta
New Delhi, Jan 18 - Meta (formerly Facebook) on Thursday launched a new feature called "nighttime nudges" that aims to remind teens when they spend more than 10 minutes on Instagram late at night.
Airbus A350, Boeing 777X steal show at Wings India 2024
Hyderabad, Jan 18 - Boeing 777X and Airbus A350-900 were the centre of attraction at Wings India 2024, Asia’s largest event on civil aviation which began at Begumpet Airport here on Thursday. Around 25 aircraft are on display at the four-day aviation conclave