Apple to shut down ‘Pay Later’ service, launching ‘installment loans’
San Francisco, June 18 - Apple has announced to shut down its buy now, pay later (BNPL) service called ‘Apple Pay Later’ in the US.
New 410 GW offshore wind capacity to be installed over next 10 years globally: Report
New Delhi, June 17 - At least 410 GW of new offshore wind capacity will be installed in the next 10 years globally, bringing offshore wind deployment in line with global targets to install 380 GW by 2030, a new report said on
Hyundai Motor’s envisioned US plant to prioritise EVs: CEO
Seoul, June 17 - A new car manufacturing plant by Hyundai Motor, South Korea's largest automaker, under construction in the US state of Georgia will prioritise producing electric vehicles despite a temporary fluctuation in market demand, the company's CEO said on Monday.
Operating profit margin for India Inc to remain steady at 15-18 pc in Q1 FY25: Report
New Delhi, June 17 -The operating profit margin for India Inc. is expected to remain steady at 15-18 per cent in the first quarter (April-June period) in the ongoing fiscal year (FY25), a report showed on Monday.
Sensex, Nifty hit new all-time high on strong global cues
Mumbai, June 18 - Indian equity frontline indices opened in green on Tuesday following positive global cues. In the early trade, Sensex and Nifty made a new all-time high of 77,326 and 23,573 respectively.
Apple Macs continue to grow amid workforce transformation growth in India
New Delhi, June 17 - Apple Macs continue to benefit from strong workforce transformation growth tailwinds in India, industry experts said on Monday, as the tech giant launched its latest campaign for Mac devices in the country.
Netweb launches AMD-based servers from India manufacturing facility
New Delhi, June 17 - In a fillip to the government’s ‘Make in India’ initiative, technology solutions provider Netweb Technologies on Monday announced the launch of a range of servers from its Faridabad-based manufacturing facility.
Indian firms fast adopting Digital Twin tech to boost transformation: Report
New Delhi, June 17 - As the government doubles down on the 'Digital Twin' technology adoption, 90 per cent of the enterprises in the country are aware of digital or virtual twins that could play a crucial role in accelerating their growth journey,
Sitharaman to hold pre-budget talks with India Inc, farmers’ bodies, state FMs this week
New Delhi, June 17 - Finance Minister Nirmala Sitharaman will hold consultations with apex industry chambers, farmers’ associations and state finance ministers in the run-up to the full budget for 2024-25 that is expected to be presented in late July.
Naver unveils AI safety framework to respond to possible risks
Seoul, June 17 - Naver, South Korea's biggest internet portal operator, on Monday unveiled a proactive scheme designed to assess and manage risks associated with artificial intelligence (AI) as part of its efforts to safely develop and use the fast-evolving technology.
Foreign investors make a stellar comeback to Indian equity markets with Rs 11,730 crore inflow
Mumbai, June 17 - Foreign investors were selling equity in Indian markets for the last few months. The trend changed from the previous week when Foreign Institutional Investors (FIIs) invested Rs 11,730 crore in the Indian equity market.
SK Group chairman claims ‘critical error’ in divorce ruling
Seoul, June 17 - SK Group Chairman Chey Tae-won said on Monday that he has decided to appeal a record divorce ruling, which threatens his grip on the telecom-to-energy conglomerate, to the Supreme Court because there was a "critical error" in the calculation
Shares of Hyundai Motor jump as it files for India unit IPO worth $3 billion
Seoul, June 17 - Shares of Hyundai Motor, South Korea's leading carmaker, jumped here on Monday as it confirmed that its India unit has filed for an initial public offering (IPO) to raise around $3 billion (Rs 25,000 crore).
Samsung to set up joint AI lab with Seoul National University
Seoul, June 17 - Samsung said on Monday it has joined hands with Seoul National University (SNU) to establish a joint research centre focused on artificial intelligence in a way that enhances technology and competitiveness in the sector.
In talks with Paytm to acquire its movies and events biz: Zomato
New Delhi, June 16 - Online food delivery platform Zomato on Sunday confirmed that it is in discussions with financial services major Paytm for acquiring its movies and ticketing business but “no binding decision has been taken at this stage”.
India set to be 6th nation with its own deep sea mission: Dr Jitendra Singh
New Delhi, June 16 - India is set to be the sixth country to have its own deep sea mission, which has the potential to contribute greatly to the overall growth of the economy, Union Minister of State (Independent Charge) for Science and
Solid export growth to lead recovery of domestic consumption: S. Korean PM
Seoul, June 16 - Prime Minister Han Duck-soo said on Sunday that exports continue to stably remain in positive territory, leading to expectations domestic consumption will recover over time.
Musk’s X banned over 2 lakh accounts for policy violations in India in May
New Delhi, June 16 - Elon Musk-run X Corp has banned 2,29,925 accounts in India between April 26 and May 25, mostly for promoting child sexual exploitation and non-consensual nudity.
Zomato may buy Paytm’s movie ticketing business: Reports
New Delhi, June 16 - Online food delivery platform Zomato is in advanced discussions to buy Paytm's movie ticketing and events business, according to multiple reports.
Indian cyber agency finds multiple bugs in Google Chrome, SAP Products
New Delhi, June 16 - The Indian Computer Emergency Response Team (CERT-In), which comes under the Ministry of Electronics & Information Technology, has warned users of vulnerabilities in Google Chrome for desktop and SAP Products, which could allow an attacker to execute arbitrary