Over the next 5 yrs, Adani Group will invest over Rs 2 lakh cr in Gujarat: Gautam Adani
New Delhi, Jan 10 - Gautam Adani, Chairman, Adani Group said on Wednesday that over the next five years, the Adani Group will invest over Rs 2 lakh crore in Gujarat -- that is USD 25 billion -- thereby creating over 1,00,000 direct
Tata Group to soon start work on chip fabrication plant in Gujarat
New Delhi, Jan 10 - Tata Group on Wednesday announced plans to build a state-of-the-art semiconductor fabrication plant in Gujarat, as India begins the journey to become a global chip hub.
Maruti Suzuki to invest Rs 35,000 cr for setting up new factory in Gujarat
Gandhinagar, Jan 10 - Japanese carmaker Suzuki Motor will invest Rs 35,000 crore to build a second car plant in Gujarat, company president Toshihiro Suzuki said at an investment summit in the state on Wednesday.
Humane cuts 4% of jobs before releasing its Ai Pin: Report
San Francisco, Jan 10 - Sam Altman-backed startup Humane has laid off four per cent of employees this week, the media reported.
Apple removes top crypto exchanges like Binance, Kucoin from App Store in India
New Delhi, Jan 10 - Apple has removed some top global cryptocurrency exchanges like Binance and Kucoin from its App Store in India after the government sent show-cause notices to these crypto exchanges for not complying with the money laundering laws and allegedly
HPE to acquire Juniper Networks for $14 bn, boost AI-driven innovation
San Francisco, Jan 10 - Hewlett Packard Enterprise (HPE) has announced to acquire Juniper Networks, a leader in AI-native networks, for approximately $14 billion in an all-cash transaction for $40 per share.
Defence, Railways stocks have run up too much too fast, say analysts
New Delhi, Jan 10 - The market is moving up and down without a directional trend. Up moves are countered with selling and down moves are responding by buying. A trend might emerge in the coming days in response to Q3 results, says
Ex-Twitter CEO Parag Agrawal raises $30 mn for his AI startup: Report
San Francisco, Jan 9 - Former Indian-origin Twitter CEO Parag Agrawal has entered the artificial intelligence (AI) race, with reportedly raising $30 million for his startup.
CapitaLand to expand data centres, logistics & enter residential realty project financial
Chennai, Jan 9 - Building two more data centres, developing logistics and warehouse facilities, expanding renewable energy generation and getting into lending business for residential property developers are the major plans for the Singapore-headquartered real estate group CapitaLand, said senior officials.
Missing washer discovered on Boeing 737 MAX operated by Indian carrier: DGCA
New Delhi, Jan 9 - The Directorate General of Civil Aviation (DGCA) on Tuesday said that a critical washer was discovered missing during recent checks on a Boeing 737 MAX operated by an Indian carrier.
Wings India to be held at Hyderabad’s Begumpet Airport from Jan 18
Hyderabad, Jan 9 - India’s biggest civil aviation event, Wings India 2024, will be held at the Begumpet Airport here from January 18 to 21.
Paytm to invest Rs 100 cr in GIFT City, to offer AI-driven cross border remittance
New Delhi, Jan 10 - One97 Communications Limited (OCL) that owns India's leading payments and financial services company Paytm, on Wednesday announced an investment of Rs 100 crore in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem, ahead of
World Bank sees global growth slowing for 3rd straight year in 2024
Washington, Jan 9 - The World Bank has forecast a bleak outlook for the global economy with growth expected to slow down for a third year in a row in 2024, according to its Global Economic Prospects report released on Tuesday.
WhatsApp working on new ‘Meta Verified’ option for businesses
New Delhi, Jan 9 - Meta-owned WhatsApp is reportedly developing a new ‘Meta Verified’ subscription option that will allow businesses to subscribe to it to get a verified badge.
Zee missed deadline to pay $200 million cricket fee to Disney: Report
New Delhi, Jan 9 - Zee Entertainment Enterprises Ltd has missed a deadline to pay $200 million to Walt Disney Co's India unit for TV rights of cricket matches, according to people familiar with the matter, as the firm tries to preserve cash
AI has potential to create $6 to $8 tn in global economic value: Report
New Delhi, Jan 9 - Generative artificial intelligence (AI) has the potential to impact 44 per cent of all working hours across industries, enable productivity enhancements across 900 different types of jobs and create $6 to $8 trillion in global economic value, a
Nifty faces profit booking at higher levels
New Delhi, Jan 9 - The benchmark indices witnessed volatile trading session, after a roller coaster activity the Nifty ends 32 points higher while the Sensex was up by 31 points, says Shrikant Chouhan, Head-Equity Research, Kotak Securities.
Bengaluru-based retail SaaS company Impact Analytics raises $40 mn
Bengaluru, Jan 9 - Retail software-as-a-service (SaaS) sompany Impact Analytics on Tuesday announced it has raised $40 million in growth financing.
Apple exported ‘India-made’ iPhones worth Rs 65,000 cr in 2023
New Delhi, Jan 9 - As India doubles down on local manufacturing, Apple assembled iPhones worth more than Rs 1 lakh crore in India in 2023, according to industry data.
Crayons wins event management mandate for Nua-O district festival in Odisha
New Delhi, Jan 9 - Crayons -- one of India’s leading full-service advertising agencies -- has been awarded the work order for the prestigious Nua-O District Festival from Odisha government’s Department of Sports & Youth Services.