With over 1 mn tourists Gulmarg Gondola earned Rs. 108 cr revenue in 2023
Srinagar, Jan 4 - The Gulmarg Gondola, considered the flagship attraction of Kashmir tourism, is soaring high, both in terms of the revenue generated and the number of tourists ferried.
Microsoft renames Edge browser on iOS, Android
New Delhi, Jan 4 - Microsoft has rebranded its Edge browser on iOS and Android to "Microsoft Edge: AI browser".
Railways record Rs 4,627 crore rise in freight earnings in current fiscal
New Delhi, Jan 4 - The revenue from goods traffic earned by Indian Railways has gone up by Rs 4,626.92 crores to Rs 12,5106.2 crore during April-December in the current financial year from Rs 12,0479.3 crore in the same period last year, according
85 IIT-Bombay students get job offers of over Rs 1cr per annum
Mumbai, Jan 4 - At least 85 students of Indian Institute of Bombay (IIT-B) reaped a rich harvest of job offers with more than Rs 1 crore per annum CTC, an official said here on Thursday.
At 6.2% growth rate projection for 2024, Indian economy outperformed peers: UN economist
United Nations, Jan 5 - With a projected growth rate of 6.2 per cent for 2024, the "Indian economy outperformed its peers" in a global economy which is expected to expand by only 2.4 per cent, according to the UN official monitoring the
Cashfree posts Rs 133 cr loss in FY23, logs Rs 614 cr in revenue
New Delhi, Jan 4 - Online payments and banking technology firm Cashfree has reported a Rs 133 crore loss in FY23 from just Rs 3 crore in FY22, owing to a substantial cost increase in employee benefits and payment processing, the media reported
Gold prices likely to move towards a new high of Rs 70,000
New Delhi, Dec 4 - Gold prices are likely to move towards a new high of Rs 70,000, as per a report by ICICI Direct, while silver, remaining supported amid rising industrial demand, may edge higher towards Rs 85,000.
Despite challenges, India saw birth of over 950 tech startups last year: Report
New Delhi, Jan 4 - Despite facing global challenges in 2023 like valuation issues, few IPOs, regulatory changes and macroeconomic and geopolitical trends, India remains the third largest tech start-up ecosystem globally, with over 950 tech startups founded last year, a report showed
Centre signs two deals to buy Rs 800 cr equipment for Army from domestic firms
New Delhi, Jan 4 - The Ministry of Defence signed two contracts on Thursday for procurement of 697 Bogie Open Military (BOM) Wagons at a cost of Rs 473 crore with M/s Jupiter Wagons Limited and the procurement of 56 Mechanical Minefield Marking
Xiaomi launches Redmi Note 13 Series in India, starting at Rs 16,999
New Delhi, Jan 4 - Global technology brand Xiaomi on Thursday launched the Redmi Note 13 Series in the Indian market at a starting price of Rs 16,999.
Indian fintech sector funding plunges 63% in 2023: Report
New Delhi, Jan 4 - India's fintech sector saw funding plunge 63 per cent in 2023 -- at just $2 billion -- from $5.4 billion raised in 2022, a report showed on Thursday.
Kotak Life Insurance to expand branch network
Chennai, Jan 4 - With the licence to open 30 more branches, private life insurer Kotak Life Insurance Company Ltd, (Kotak Life) will expand its distribution network this year, said a senior official. The company currently has 289 branches.
Indian enterprises to up AI spending by 68% in 2024: Report
New Delhi, Jan 4 - About 68 per cent of IT leaders stated they are gearing up for an increase in Artificial Intelligence (AI) spending over the next 12 months, a new report has revealed.
India leads deal value in healthcare sector in Asia-Pacific in 2023
New Delhi, Jan 4 - India registered the largest share of deal value in the healthcare sector in the Asia-Pacific in 2023, a new report has shown.
Intel launches enterprise GenAI software firm with Arun Subramaniyan as CEO
New Delhi, Jan 4 - Chip giant Intel has announced a new enterprise-focused generative AI (GenAI) software company called Articul8 with global investment firm DigitalBridge Group.
Pocket FM’s India arm logs 647% revenue growth in FY23, losses down by 56%
New Delhi, Jan 4 - Homegrown audio streaming platform Pocket FM on Thursday disclosed the financial performance of its India subsidiary for FY2023, reporting a 647 per cent surge in revenue, reaching Rs 131 crore and a 56 per cent decrease in loss
Real estate stocks jump up to 15%
New Delhi, Jan 4 - Real estate stocks are on fire with the realty index jumping more than 5 per cent on Thursday.
US-based Invesco raises Swiggy’s valuation to $8.3 bn
New Delhi, Jan 4 - US-based investment company Invesco has raised IPO-bound food delivery platform Swiggy's valuation to about $8.3 billion.
ONGC wins 7 of 10 oil exploration blocks put up for bidding
New Delhi, Jan 3 - Public sector giant Oil and Natural Gas Corporation (ONGC) won seven of the 10 oil and gas exploration that were put up for bidding on Wednesday as part of the eighth round of Open Acreage Licensing Policy (OALP-VIII).
India’s GDP to touch $4 tn ahead of LS polls: Piyush Goyal
New Delhi, Dec 3 - India will become a $4 trillion economy before the Lok Sabha elections and in 2 to 2.5 years, it will touch the $5 trillion GDP mark, Commerce and Industry Minister Piyush Goyal said on Wednesday.