Accenture acquires Bengaluru-based chip design services provider Excelmax

Accenture acquires Bengaluru-based chip design services provider Excelmax

Bengaluru, July 8 - Global IT services firm Accenture on Monday said it has acquired Excelmax Technologies, a Bengaluru-based semiconductor design services provider, for an undisclosed sum.

Read More
Yogi govt targets self-sufficiency in pulse production in next 3-4 years

Yogi govt targets self-sufficiency in pulse production in next 3-4 years

Lucknow, July 8 - The Uttar Pradesh government is set to target self-sufficiency in the pulses' production in the next three to four years.

Read More
Govt cites data on job creation to refute Citigroup report on employment in India

Govt cites data on job creation to refute Citigroup report on employment in India

New Delhi, July 8 - The government on Monday refuted the Citigroup report that claims sufficient jobs are not being created in India, saying it fails to consider the positive trends and comprehensive data from official sources.

Read More
Kharif crop sowing rises by 14.1 pc in 2024, pulses record 50 pc jump

Kharif crop sowing rises by 14.1 pc in 2024, pulses record 50 pc jump

New Delhi, July 8 - With a better monsoon this year, the area under kharif crop sowing has shot up by 14.1 per cent to 378.72 lakh hectares compared to 331.9 hectares during the same period last year, according to data released on

Read More
Two-wheeler industry to sustain steady volume growth rate of up to 9 pc in FY25: Report

Two-wheeler industry to sustain steady volume growth rate of up to 9 pc in FY25: Report

New Delhi, July 8 - Two-wheeler industry is expected to sustain a steady volume growth rate of around 7 to 9 per cent in FY25, considering both domestic and export markets, a new report said on Monday.

Read More
Indian economy among the few where investment rates rose between 2015-2023: Report

Indian economy among the few where investment rates rose between 2015-2023: Report

New Delhi, July 8 - The Indian economy is among the few in the region where investment rates rose between 2015 and 2023, a report showed on Monday.

Read More
Ducati launches new motorcycle at Rs 16.5 lakh in India

Ducati launches new motorcycle at Rs 16.5 lakh in India

New Delhi, July 8 - Luxury motorcycle brand Ducati, on Monday, launched a new motorcycle -- Hypermotard 698 Mono at Rs 16,50,000 (ex-showroom) in India.

Read More
Nothing launches CMF Phone 1 with 50MP camera in India

Nothing launches CMF Phone 1 with 50MP camera in India

New Delhi, July 8 - London-based consumer tech brand Nothing on Monday launched a new smartphone under its sub-brand CMF with a 50MP camera in India.

Read More
Govt reopens window for white goods PLI scheme as firms are keen to invest

Govt reopens window for white goods PLI scheme as firms are keen to invest

New Delhi, July 8 - The Ministry of Commerce and Industry announced on Monday that the application window for the production-linked incentive (PLI) scheme for white goods (ACs and LED Lights) is being reopened “based on the appetite of the industry to invest

Read More
After Microsoft Azure, it’s time for Indian developers to exit Google Maps: Ola CEO

After Microsoft Azure, it’s time for Indian developers to exit Google Maps: Ola CEO

New Delhi, July 8 - Bhavish Aggarwal, co-founder and Chairman of the Ola group, said on Monday that after exiting Microsoft Azure Cloud, it is time for the developers to shun Google Maps, as he announced one-year free access to all developers to

Read More
Consulting firm Mercer appoints Siddhartha Gupta as India President

Consulting firm Mercer appoints Siddhartha Gupta as India President

New Delhi, July 8 - US-based consulting firm Mercer on Monday announced the appointment of Siddhartha Gupta as its India President.

Read More
Maruti Suzuki 1st automaker to send 2 mn vehicles via Indian Railways towards ‘green logistics’

Maruti Suzuki 1st automaker to send 2 mn vehicles via Indian Railways towards ‘green logistics’

New Delhi, July 8 - In a bid to help the government towards its net zero emissions target by 2070, Maruti Suzuki India on Monday said it surpassed 2 million cumulative vehicle dispatches using Railways as part of its ‘green logistics’ goals.

Read More
Welspun One raises Rs 2,275 crore to boost logistics infra in India

Welspun One raises Rs 2,275 crore to boost logistics infra in India

Mumbai, July 8 - Integrated fund and development management platform Welspun One on Monday said it has raised a second fund worth Rs 2,275 crore, inclusive of co-investment commitments, to strengthen logistics infrastructure in the country.

Read More
July begins with healthy rainfall, sowing status better than last year: Report

July begins with healthy rainfall, sowing status better than last year: Report

New Delhi, July 8 - Signalling a normal monsoon ahead, The cumulative rainfall reached 1 per cent above the long-term average (as on July 6) while weekly rainfall (as on July 3) was 32 per cent above the long-term average in the country,

Read More
Sensex, Nifty trade flat as Titan, bank stocks top losers

Sensex, Nifty trade flat as Titan, bank stocks top losers

Mumbai, July 8 - Benchmark equity indices on Monday snapped their three-day winning streak and traded flat in the morning hours.

Read More
LG Energy Solution’s operating profit plunges 58 pc as EV sales slip

LG Energy Solution’s operating profit plunges 58 pc as EV sales slip

Seoul, July 8 - LG Energy Solution Ltd (LGES), South Korea's leading battery maker, said on Monday its second-quarter operating profit plunged 58 per cent from a year earlier due to slowing sales of electric vehicles.

Read More
Will fight Apple over ‘arbitrary’ changes: Epic Games CEO

Will fight Apple over ‘arbitrary’ changes: Epic Games CEO

San Francisco, July 7 - The fight between Apple and Epic Games is not over yet and now, Epic Games Founder and CEO Tim Sweeney has said that the App Store owner's EU Digital Markets Act (DMA) saga "has taken a turn towards

Read More
SEBI notice says Hindenburg shared Adani report with client 2 months before publishing

SEBI notice says Hindenburg shared Adani report with client 2 months before publishing

Mumbai, July 7 - Markets regulator Securities and Exchange Board of India (SEBI), in its 46-page show-cause notice to Hindenburg Research, has detailed how the US short-seller shared an advance copy of its critical report on the Adani Group with New York-based hedge

Read More
‘Paytm was like a daughter to me who met with an accident’: CEO Vijay Shekhar Sharma

‘Paytm was like a daughter to me who met with an accident’: CEO Vijay Shekhar Sharma

New Delhi, July 7 - Paytm Founder and CEO Vijay Shekhar Sharma has said the company was like his daughter who was a school topper and met with an accident on the way to an entrance test.

Read More
First Airbus A320 Neo aircraft for Air India arrives in New Delhi

First Airbus A320 Neo aircraft for Air India arrives in New Delhi

New Delhi, July 7 - Air India on Sunday welcomed its first narrow-body aircraft - Airbus A320neo, which landed at the Indira Gandhi International Airport from the Airbus facility in Toulouse, France.

Read More