Generative AI to replace 46% of time spent on accounting tasks in India
New Delhi, Nov 27 - Generative AI has the potential to automate 46 per cent of time spent on accounting tasks in India by 2032, a new report showed on Monday.
China investigates major shadow bank Zhongzhi for crimes
Singapore, Nov 27 - Chinese officials have launched an investigation into one of the country's biggest shadow banks, which has lent billions to real estate firms, the media reported.
2 crypto firms linked to Justin Sun lose $115 mn after hack: Report
San Francisco, Nov 25 - Two cryptocurrency firms associated with high-profile digital entrepreneur Justin Sun were hacked in two exploits that might have stolen up to $115 million to date, the media reported.
AIBEA defers two strike calls, retains all India call for 19-20 January 2024
Chennai, Nov 25 - The All India Bank Employees' Association (AIBEA) on Saturday said it has deferred its bank wise and state wise strike call given earlier demanding adequate recruitments by the banks.
Of the takeover of hospitals & hotels by TN hospital groups
Chennai, Nov 25 - The healthcare sector in Tamil Nadu is seeing a state of consolidation and expansion with major home grown groups on an acquisition spree.
Govt makes phased blending of compressed bio-gas with CNG, PNG mandatory
New Delhi, Nov 25 - The National Biofuels Coordination Committee chaired by the Union Petroleum Minister has announced the introduction of phase-wise mandatory blending of Compressed Bio-Gas (CBG) in CNG (transport) and PNG (domestic cooking) segments of the city gas distribution sector.
Liberal media more negative towards AI than conservative media: Study
New York, Nov 25 - Articles from liberal-leaning media have a more negative sentiment toward AI than articles from conservative media, new research has found.
HSBC apologies for outage in UK during Black Friday sale
London, Nov 25 - Banking services giant HSBC has apologized after thousands of customers in the UK were unable to access mobile and online banking for hours during an outage on Black Friday.
Elon Musk meets father after 7 years as family cried
San Francisco, Nov 25 - SpaceX and Tesla CEO Elon Musk met his father Errol Musk after seven years during the launch of the Starship rocket, according to reports.
Thanksgiving Day clocks $5.6 bn online sales in US, smartphones lead
San Francisco, Nov 25 - Online sales touched $5.6 billion on Thanksgiving Day in the US, an increase of 5.5 per cent from last year.
Misinformation super-spreaders on X sharing ads revenue: Report
New Delhi, Nov 25 - Some super-spreaders of misinformation on X, who are verified premium users with blue badges, are sharing Elon Musk’s ads revenue even after making conspiratorial claims about the Israel-Hamas war, a new report has revealed.
Noida International Airport signs MoU with IndiGo
New Delhi, Nov 24 - Noida International Airport on Friday signed a Memorandum of Understanding (MoU), with IndiGo to work together towards developing and strengthening the air connectivity within Uttar Pradesh and beyond, an airport official said.
Air India to operate 4 weekly flights from Delhi to Phuket
New Delhi, Nov 24 - Tata owned Air India is set to connect Delhi with Phuket, Thailand's popular island destination, with a non-stop service from December 15.
India’s forex kitty rises by $5 bn in a week
Mumbai, Nov - India's foreign exchange reserves increased by $5.077 billion to $595.397 billion for the week ended November 17, the latest data released by the RBI showed on Friday.
Nifty stuck in a narrow range amid tug of war between bulls and bears
Mumbai, Nov 24 - Nifty closed in a narrow 29-point closing range over the last four days (19,783-19,812), which shows a tug of war between the bulls and bears, Deepak Jasani, Head Retail Research at HDFC Securities, said on Friday.
Adani-Hindenburg dispute: What steps are you taking to prevent the investors’ losses in the future, SC questions Centre
New Delhi, Nov 24 - The Supreme Court, hearing a batch of pleas on the Adani-Hindenburg dispute, on Thursday asked the Union government and the SEBI to explain what steps are they taking to prevent investors’ loss in future.
With Made-in-India motherboard, Lenovo India to pitch stronger for govt desktop tenders
Puducherry, Nov 24 - Personal computer (PC), laptop maker $1.9 billion revenue Lenovo India on Friday launched its desktop with locally sourced motherboard which in turn would give a stronger pitch while bidding for government supplies, said a senior official.
EDM icon Afrojack to make fans groove at OnePlus AI Music Festival
Bengaluru, Nov 24 - Global technology brand OnePlus on Friday announced the ‘OnePlus AI Music Festival’, a multi-genre musical extravaganza for its ever-growing Indian community. The unique community-focused event will be held at the Manpho Convention Centre in Bengaluru on December 17.
Data tech firm Tmax to unveil new products at AWS conference
Seoul, Nov 24 - Tmax Group, a South Korean data technology company, said on Friday it will unveil its new products at Amazon Web Services' (AWS) cloud conference next week.
FY24 to be blockbuster year for oil marketing companies with strong dividends
New Delhi, Nov 24 - FY24 is turning out to be the best year in terms of earnings for oil marketing companies despite the upcoming general elections.