Optiemus to invest Rs 140 cr to create fleet of 5,000 drones by 2025 end
New Delhi, July 4 - Optiemus Unmanned Systems (OUS), a subsidiary of homegrown telecommunications and electronics manufacturing company Optiemus Infracom Limited, said on Thursday that it will invest Rs 140 crore and offer a pioneering model of 'Drone as a Service' for the
realme ushers in new era of smartphone photography with ultra clear camera, AI in 13 Pro Series 5G
New Delhi, July 4 - The world of smartphone photography has been democratised by AI and machine learning, putting professional-level results within everyone's reach.
Finance Ministry declares 7.1 pc interest rate for Central govt staff PF schemes
New Delhi, July 4 - The Finance Ministry has announced a 7.1 per cent interest rate for the Central government employees’ General Provident Fund (GPF) and other similar provident fund schemes for the July-September quarter.
AstraZeneca to expand its Chennai GCC at Rs 250 crore outlay
Chennai, July 4 - AstraZeneca India Private Limited (AZIPL), the Global Capability Centre (GCC) of the pharma group AstraZeneca on Thursday said it will invest Rs 250 crore on expanding its Global Innovation and Technology Centre (GITC) here.
OnePlus confirms top-level rejig at India operations; Robin Liu back
New Delhi, July 4 - Smartphone company OnePlus on Thursday confirmed the return of veteran Robin Liu to head its India operations amid an internal reshuffle.
India one of the most active countries for Meta’s Threads globally
New Delhi, July 4 - Meta (formerly Facebook) on Thursday said that India is one of the most active countries for Threads globally.
Electric 2-wheelers see growth in last 2 months, Ola Electric loses market share: Report
New Delhi, July 4 - The electric vehicle (EV) penetration improved in the Indian two-wheeler (2W) sector over the last two months after incentives almost halved in April, a report said on Thursday, adding that Ola Electric lost market share while TVS Motor
Bengaluru sees 57 pc jump in residential prices in last 5 years: Report
Bengaluru, July 4 - India’s Silicon Valley saw average residential prices surge by 57 per cent in the last five years and considering the current trends, residential launches and sales in the city are expected to rise by 10-15 per cent by the
Suzuki’s Next Bharat Ventures launches Rs 340 cr fund for social impact startups
New Delhi, July 4 - Japanese automobile company Suzuki Motor Corporation's subsidiary Next Bharat Ventures IFSC Private Limited on Thursday launched a Rs 340 crore investment fund -- Next Bharat -- that aims to act as a growth catalyst for the social impact
Indian FMCG sector to see revenue jump 7-9 pc this fiscal, rural demand surges
New Delhi, July 4 - Riding on higher volume growth, revival in rural demand and steady urban growth, the fast-moving consumer goods (FMCG) sector in India is projected to see revenue grow 7-9 per cent this fiscal (FY25), said a report on Thursday.
Increased funding from domestic sources vital to drive India’s startup movement: Amitabh Kant
New Delhi, July 4 - To drive India's startup movement, increased funding from domestic sources is required, G20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Thursday.
Users will be able to make UPI payments to UAE merchants now
New Delhi, July 4 - The Indian Government has been pushing UPI globally for faster digital payments. Now, UPI will be available in the Middle East country UAE as well.
Global survey ranks India among top three most optimistic nations
New Delhi, July 4 - A new global survey has ranked India among the top three most optimistic nations, along with Singapore and Indonesia, based on the economic outlook of the people interviewed across various countries.
95 pc of Indian firms see positive returns from data streaming investments: Report
New Delhi, July 4 - About 95 per cent of India’s IT leaders with experience in data streaming reported a remarkable 2 to 10 times return on investment (ROI) from their data streaming initiatives, underscoring the critical role of real-time data in the
Cement volumes to grow 7-8 pc in FY25, top 5 firms to solidify market share
New Delhi, July 4 - Driven by the sustained healthy demand from the infrastructure and housing sectors, cement volumes in the country are projected to rise by a healthy 7-8 per cent (year-on-year) in the current fiscal (FY25), a report showed on Thursday.
IT Ministry’s task force seeks Rs 44,000 crore push for homegrown electronics firms
New Delhi, July 4 - As the government doubles down on electronics manufacturing, including semiconductors, to make the country a global supply chain hub, a task force set by the IT Ministry is near finalising its report, suggesting a massive Rs 44,000 crore
Hyundai’s all-electric Casper SUV’s production to begin this month
Seoul, July 4 - Full-fledged production of Casper Electric, Hyundai Motor’s highly anticipated all-electric mini SUV, will begin in South Korea's southwestern city of Gwangju later this month, according to industry officials, with a target output of 21,400 units by the end of
SECI plans 500 MW solar thermal capacity tender in 2024-25 in big push to green energy
New Delhi, July 3 - The Solar Energy Corporation of India (SECI) is likely to float a tender for 500 megawatt (MW) of solar thermal capacity by the end of 2024-25, company chairman R.P. Gupta said on Wednesday.
Govt buys 266 lakh tonnes of wheat at MSP; Rs 61 lakh crore credited to farmers’ accounts
New Delhi, July 3 - The Food Corporation of India (FCI) has successfully procured 266 lakh metric tonnes of wheat during the current Rabi marketing season 2024-25, surpassing last year's figure of 262 lakh metric tonnes to secure the nation's foodgrain sufficiency, the
Coal production from captive, commercial mines shoots up by 35 per cent in April-June
New Delhi, July 3 - The production of coal from the country's captive and commercial mines has shot up by 35 per cent to 39.53 million tonnes in the April-June quarter of 2024-25 from 29.26 million tonnes in the same period of the