EU to invest record 7 billion euros into sustainable transport infrastructure
Brussels, July 18 - The European Commission announced that it will earmark over 7 billion euros (about $7.66 billion) for 134 transport projects across the European Union (EU), to facilitate the delivery of the bloc's climate objectives and improve its transport networks.
Tata Power Renewable Energy, NHPC to drive solar initiative for govt buildings pan-India
New Delhi, July 18 - Tata Power Renewable Energy Limited (TPREL) on Thursday joined NHPC Renewable Energy Limited (NHPC-REL) to spearhead the installation of rooftop solar projects on government buildings across the country.
77 pc Indian startups now invest in AI, small cities brimming with tech skill pool
Mumbai, July 18 - More than 77 per cent of Indian startups now invest in advanced technologies such as artificial intelligence (AI), machine learning (ML), internet of things (IoT) and blockchain, a report showed on Thursday.
Sensex trades lower amid profit booking in smallcap and midcap stocks
Mumbai, July 18 - Indian equity indices opened in the red on Thursday following profit-booking midcap and smallcap stocks.
LG targets over $725 million in sales from smart factory solutions by 2030
Seoul, July 18 - LG Electronics said on Thursday it aims to achieve over 1 trillion won ($725.2 million) in sales from its smart factory solution business by 2030, leveraging its artificial intelligence technologies and manufacturing expertise.
Samsung acquires British knowledge graph tech startup for AI
Seoul, July 18 - Samsung said on Thursday it has acquired the British artificial intelligence (AI) and knowledge graph tech startup Oxford Semantic Technologies in a bid to strengthen its in-device AI capabilities.
Power Minister asks DVC to explore equity market route to raise funds for growth
Kolkata, July 17 - Union Power Minister Manohar Lal Khattar on Wednesday reviewed the performance of the Damodar Valley Corporation (DVC) here and suggested that it may explore the equity market to raise funds for its future growth plans.
Piyush Goyal holds talks with UK and EU on free trade agreements
New Delhi, July 17 - Union Minister of Commerce and Industry, Piyush Goyal, held bilateral discussions for deeper economic ties and moving ahead on free trade agreements (FTAs) with his counterparts from the UK and EU on the sidelines of the G7 trade
Vietnam’s economic growth in 2024 forecast on upward trend
Hanoi, July 17 - The Vietnamese economy is forecast to grow at 6.3 per cent in 2024 and 6.5 per cent in 2025, said the ASEAN+3 Macroeconomic Research Office in its latest update.
Asian Paints posts 25 per cent fall in Q1 net profit at Rs 1,170 crore
Mumbai, July 17 - Asian Paints on Wednesday reported a 25 per cent decline in its consolidated net profit, to Rs 1,170 crore, for the April-June quarter of 2024-25, compared to the same period of the previous year.
LTIMindtree’s net profit drops 1.5 pc to Rs 1,135 crore, revenue up 5 pc
Mumbai, July 17 - Global technology consulting and digital solutions company LTIMindtree on Wednesday reported consolidated net profit at Rs 1,135 crore for the April-June quarter, a 1.5 per cent decrease from Rs 1,152 crore in the year-ago period.
Health Minister Nadda for robust drug regulation to maintain ‘pharmacy of world’ tag
New Delhi, July 17 - India must have a robust drug regulation framework to maintain the title ‘pharmacy of the world’, said Union Health Minister, JP Nadda on Wednesday.
Manufacturing sector to play crucial role in journey towards Viksit Bharat: NITI Aayog
New Delhi, July 17 - NITI Aayog on Wednesday said the manufacturing sector, led by electronics, will play a crucial role in India's journey towards becoming 'Viksit Bharat', which can be achieved by accelerating 'Make in India' by engaging in Global Value Chains
Private equity investments in Indian real estate surge 15 pc to $3 bn in H1 2024
Mumbai, July 17 -Private equity (PE) investments in the Indian real estate sector surged 15 per cent (year-on-year) to $3 billion in the first half this year, from $2.6 billion in H1 2023, a report showed on Wednesday.
Port of Long Beach records strongest June
Los Angeles, July 17 - The Port of Long Beach, the second busiest port in the United States, said on Tuesday the port achieved its busiest June on record, driven by vibrant consumer spending, potential tariff increases and ongoing labour contract negotiations at
Bill only advisory; interests of locals, industries will be protected: K’taka minister
Bengaluru, July 17 - Karnataka government under fire from industrialists following the announcement of the proposed Bill reserving jobs for Kannadigas in the private sector, assured on Wednesday that the interests of both locals and industries would be protected.
Working closely with component partners in India to boost infra, supply chain: Samsung’s TM Roh
New Delhi, July 17 - As India doubles down on local electronics manufacturing and the entire ecosystem around it, Samsung, which has been operating its manufacturing facility in the country since 1996, is working closely with component partners in the domestic market to
Nasscom seeks withdrawal of contentious Karnataka quota Bill
New Delhi, July 17 - Nasscom, representing India’s $250 billion technology industry, on Wednesday said it is seriously concerned about the provisions of a Bill providing for reservation for Kannadigas in private companies in Karnataka.
Vietnamese hackers fuelling WhatsApp e-challan scam in India: Report
Bengaluru, July 17 - A highly technical Android malware campaign by Vietnamese hackers is targeting Indian users through fake traffic e-challan messages on WhatsApp, according to a report on Wednesday.
Naidu to meet FM Sitharaman to seek more funds for Andhra Pradesh
New Delhi, July 17 - Andhra Pradesh Chief Minister N. Chandrababu Naidu will be meeting Finance Minister Nirmala Sitharaman on Wednesday to press his case for a bigger allocation of funds for the state in the Union Budget which will be presented in