Products from Chinese firms found to contain harmful substances
Seoul, June 14 - Some of the cosmetics and children's water toys sold on three overseas e-commerce retail platforms have been found to contain harmful substances far exceeding the permitted safety levels, a state-run consumer organisation said on Friday.
Tesla stockholders approve Musk’s $56 billion pay package
San Francisco, June 14 - Tesla stockholders have overwhelmingly approved the $56 billion pay package (now valued at $44.9 billion) for the company’s CEO Elon Musk, along with reincorporating the electric vehicle company in the US state of Texas, moving it from Delaware.
MECON Ltd seeks bids for use of green hydrogen in making steel
New Delhi, June 13 - As part of the government's move to replace fossil fuels with green hydrogen in steel manufacturing, MECON Limited has invited proposals from prospective bidders for use of Hydrogen in DRI Pilot Plant, in existing Blast Furnace and in
AWS offers $230 million in Cloud credits to generative AI startups, including in India
New Delhi, June 13 - Amazon Web Services (AWS) on Thursday announced a $230 million commitment in Cloud credits to generative AI startups and the expansion of the global Generative AI Accelerator, which is aimed at helping 80 founders and innovators (including 20
Govt says it has sufficient wheat stocks to keep price in check
New Delhi, June 13 - The Central government's Department of Food and Public Distribution is keeping a close watch on the price of wheat and has sufficient stocks of the cereal which can be released to cool down the market in case the
Adani Group’s Ambuja Cements acquires Penna Cement for Rs 10,422 crore
New Delhi, June 13 - Ambuja Cements, the leading Adani Group company, on Thursday announced the acquisition of 100 per cent stake in Penna Cement Industries Ltd (PCIL) for an enterprise value of Rs 10,422 crore, as the cement and building material major
Vodafone Idea’s board approves fundraise of Rs 2,458 crore via stock sale
Mumbai, June 13 - Telecom service provider Vodafone Idea, on Thursday, said that its board has approved issuance of about 166.8 crore equity shares worth Rs 2,458 crore on a preferential basis.
Oracle to train 200K students in India in Cloud, AI tech
New Delhi, June 13 - Cloud major Oracle on Thursday announced that it would support the training of 200,000 students in India in Cloud, data science, Artificial Intelligence (AI), and other emerging technologies.
GST Council meeting scheduled for June 22
New Delhi, June 13 - The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 22 to take a look at the taxes being levied on goods and services ahead of the full Union Budget which is likely to be
Atal Innovation Mission connects young innovators with rural ecosystem
New Delhi, June 13 - Atal Innovation Mission's (AIM) Student Entrepreneurship Programme (SEP) season -- 2023-24 has witnessed a special focus on connecting young innovators with Krishi Vigyan Kendras, resulting in a significant number of projects centred around the rural ecosystem theme, NITI
Samsung Chairman meets with Meta, Amazon and Qualcomm CEOs in US
Seoul, June 13 - Samsung Electronics Chairman Lee Jae-yong has met with the heads of Meta, Amazon and Qualcomm in the US this week to discuss future technologies and business collaborations, the company said on Thursday.
Software, hardware firms hiring talented freshers with highest salaries in India
Bengaluru, June 13 - Signalling a shift in hiring strategies, IT companies in India, particularly in the hardware and software sectors, are hiring freshers the most as the demand for raw talent has increased by 5 per cent over the last six months,
Advanced manufacturing startup Ethereal Machines raises $13 mn
New Delhi, June 13 - Advanced manufacturing startup Ethereal Machines on Thursday announced it has raised $13 million in a Series A round led by Peak XV Partners and Steadview Capital.
TRAI allots new 160 mobile phone series to key financial entities to curb spams
New Delhi, June 15 - The government has allocated 160 mobile phone series for making transactional and service voice calls for all entities regulated by RBI, SEBI, IRDAI and PFRDA in the first phase, in order to prevent the duping of citizens from
Sense, Nifty at all-time high as inflation cools this week
Mumbai, June 15 - Indian stock markets closed at an all-time high in the last week. This is the second consecutive week when Indian frontline indices Sensex and Nifty made a new all-time high of 77,145 and 23,490 respectively.
Rising college costs: A topic of concern?
By YBB Personal Finance Rising college costs are on the minds of many parents and students. Planning must begin early. States’ 529 plans are great vehicles for them. Each state has a 529 plan under the federal and state laws. The earnings grow
Kia India exports over 2.5 lakh vehicles since 2019
New Delhi, June 13 - Automaker Kia India on Thursday said it has surpassed 250,000 vehicle exports from the country since 2019.
India likely to attract up to Rs 4 lakh crore investments in PLI schemes, generate 2 lakh jobs
New Delhi, June 13 - The production-linked incentive (PLI) schemes, announced under the leadership of Prime Minister Narendra Modi for 14 key sectors with an outlay of Rs 1.97 lakh crore (over $26 billion) to enhance India's manufacturing capabilities and exports, are likely
India excellent hub for AI innovation, startups: Google Cloud’s top exec
New Delhi, June 13 - India is an excellent hub for innovation in artificial intelligence (AI), startups and also a key global market for Google Cloud, the company's top executive has said.
SK Telecom to invest $10 mn in Perplexity for AI search cooperation
Seoul, June 13 - SK Telecom, a leading South Korean mobile carrier, said on Thursday it will invest $10 million in US Artificial Intelligence (AI) startup Perplexity to cooperate on AI search services.