Hero MotoCorp acquires extra 3% stake in Ather Energy for Rs 140 cr
New Delhi, Dec 15 - Hero MotoCorp has acquired an additional 3 per cent stake in electric vehicle manufacturer Ather Energy for nearly Rs 140 crore.
Global coal demand expected to decline in 2026: IEA
New Delhi, Dec 15 - After reaching an all-time high this year, global coal demand is expected to decline in 2026 by 2.3 per cent, said the latest edition of the International Energy Agency’s (IEA) annual coal market report on Friday -- the
Medical device cybersecurity market to grow $1.1 bn by 2027: Study
New Delhi, Dec 14 - The market for cybersecurity in medical devices is expected to grow at a CAGR of 12.2 per cent by 2027 reaching $1.1 billion, according to a report on Thursday.
Lava launches new smartphone with 50MP dual AI camera, punch hole display
New Delhi, Dec 14 - Domestic smartphone brand Lava on Thursday launched a new smartphone -- Yuva 3 Pro, with a 50MP dual AI rear camera and punch hole display.
Fifth time in succession, Reliance Industries emerges as largest wealth creator in 2018-23
New Delhi, Dec 14 - For the fifth time in succession, Reliance Industries has emerged as the largest Wealth Creator over 2018-23. This takes Reliance’s overall No.1 tally to 10 in the last 17 five-year study periods, as per Motilal Oswal 28th Annual
Skill gap haunts enterprises in APJ region as they adopt AI solutions: Report
New Delhi, Dec 14 - Around 90 per cent of enterprises in the Asia-Pacific and Japan region are prioritising AI solutions to drive data and infrastructure modernisation but are slowed by a generative AI skills gap, a report showed on Thursday.
Tesla recalls over 2 mn cars in US over Autopilot defect
San Francisco, Dec 14 - Elon Musk-run Tesla is recalling more than 2 million vehicles in the US to address a “defect” with Autopilot, the company’s controversial advanced driver-assist system.
E-commerce company Etsy lays off 225 employees in holiday season
San Francisco, Dec 14 - E-commerce company Etsy is laying off 11 per cent of its workforce in order to restructure its business and streamline costs.
Apple will need court order from govts to give phone push notifications
San Francisco, Dec 14 - Apple will now require law enforcement agencies to obtain a court order before it hands over details of customers’ push notifications.
US Fed leaves interest rates unchanged as inflation cools
Washington, Dec 14 - The US Federal Reserve has left interest rates unchanged at a 22-year high of 5.25 per cent to 5.5 per cent as inflation continued to cool, signalling an end to its rate hiking cycle and possible rate cuts next
German economy to shrink 0.5% in 2024: IW
Berlin, Dec 14 - Following an expected recession of 0.5 per cent this year, Germany's gross domestic product (GDP) is now forecast to fall by as much in 2024, the German Economic Institute (IW) said on Wednesday.
Fashion-tech platform LehLah unveils its latest campaign featuring Athiya Shetty
Mumbai, Dec 13 - LehLah, a pioneering tech platform reshaping the online shopping experience, has proudly announced the launch of its first video campaign featuring talented Bollywood actress and fashion icon, Athiya Shetty.
Adar Poonawalla reaches deal for London’s most expensive home sale of the year
London, Dec 13 - India’s billionaire "vaccine prince" Adar Poonawalla has reached a deal for London’s most expensive home sale of the year, agreeing to pay about 138 mn pound for a 25,000 square foot Mayfair mansion, media reports said.
Musk’s X sees ad share nosediving, to generate half a billion less this year
San Francisco, Dec 13 - The X platform under Elon Musk has seen its ad share nosediving, and the company may generate $2.5 billion this year, missing the internal targets of $3 billion.
US rejects $900 mn in subsidy for Musk’s cheaper internet service Starlink
Washington, Dec 13 - The Federal Communications Commission (FCC) in the US has announced not to award Elon Musk’s Starlink nearly $900 million subsidy for expanding broadband service in rural areas, based on its failure to meet the basic programme requirements.
Cooling inflation in US might enable Fed to pause any further rate hike
Washington, Dec 12 - Inflation in the US is slowing down to 3.1 per cent, the lowest in two years, signalling continued moderation of consumer price increases. That’s a bit slower than the inflation in October’s prices, as last month the CPI was
Shiprocket aims to raise $75-$100 mn led by Tribe Capital: Report
New Delhi, Dec 12 - Homegrown logistics solution provider Shiprocket is reportedly in talks with top VC firms for a fund-raise upto $75-100 million, led by US-based investment firm Tribe Capital.
Xiaomi launches Redmi 13C Series with 50MP AI dual camera in India
New Delhi, Dec 6 - Global technology brand Xiaomi on Wednesday launched the Redmi 13C Series with a 50MP AI dual camera in India.
Nifty at record high, rises for 7th day
New Delhi, Dec 6 - Nifty ended at a record high rising for the seventh consecutive session on Wednesday.
Adani stocks outperform Nifty over past seven days
New Delhi, Dec 6 (IANS) Over the past seven days, the Adani Group of Stocks has outperformed the Nifty 50. The group companies have experienced gains of between 16 per cent and 63 per cent said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio.