Adani Defence & Aerospace, UAE’s EDGE Group collaborate across strategic defence & military domains
Ahmedabad, June 11 - Adani Defence and Aerospace on Tuesday signed a landmark agreement with EDGE Group, the leading advanced technology and defence group in the UAE, to collaborate across strategic defence and military domains, combining their expertise in missiles, weapons, unmanned platforms,
Bengal is the 4th highest recipient state of tax devolution instalment in last phase
Kolkata, June 11 - West Bengal was the fourth highest recipient state in the latest instalment of tax devolution released in the last phase as per the figures released by the Union Finance Ministry on Tuesday.
India offers strongest employment outlook in Asia Pacific in Q3: Report
New Delhi, June 11 - India has offered the strongest employment outlook in Asia Pacific (APAC) at over 30 per cent in the third quarter (Q3) of 2024, a new report showed on Tuesday.
Centre releases Rs 1.39 lakh crore as tax devolution to states to boost development
New Delhi, June 11 - In a bid to enable state governments to accelerate development and capital spending, the BJP-led NDA government released one additional instalment of devolution of taxes, cumulatively amounting to Rs 1,39,750 crore this month.
EV startup Battery Smart raises $65 million led by LeapFrog Investments
New Delhi, June 11 - Electric vehicle (EV) startup Battery Smart on Tuesday said it has secured $65 million in a Series B funding round led by LeapFrog Investments.
Sensex trades flat on mixed global cues
Mumbai, June 11 - ndian equity indices on Tuesday opened in the red on mixed global cues. Frontline indices are trading in a narrow range. At 9:45 a.m., Sensex was down 10 points at 76,480 and Nifty was up 2 points, at 23,261.
RBI rejects reappointment of Rajkumar Bansal as Edelweiss ARC’s CEO
New Delhi, June 11 - The Reserve Bank of India (RBI) has rejected the reappointment of Rajkumar Bansal as Edelweiss Asset Reconstruction Co’s (ARC) Managing Director and Chief Executive Officer.
Musk threatens to ban iPhones at his companies over ChatGPT integration
San Francisco, June 11 - Tesla and SpaceX CEO Elon Musk on Tuesday threatened to ban iPhones from all his companies over the integration of ChatGPT into iPhones and other Apple devices.
ChatGPT surpasses 1 million users in S Korea: Industry data
Seoul, June 11 - The number of OpenAI's ChatGPT users in South Korea rose 30 per cent last month, surpassing 1 million for the first time on the increasing popularity of the artificial intelligence chatbot, industry data showed on Tuesday.
‘Apple Intelligence’, ChatGPT on iPhone & more: Tim Cook heralds AI era
Cupertino (California), June 11 - Joining the AI bandwagon in a big way, Apple on Monday announced a new suite of AI features (including ChatGPT integration) that will customise personal experiences for millions of its users with the arrival of iOS 18 and
Apple Vision Pro to arrive in 9 new countries this month: Tim Cook
Cupertino (California), June 10 - Apple on Monday announced to bring its Vision Pro device to nine new countries, with pre-orders for China, Hong Kong, Japan and Singapore beginning on June 14 and availability on June 28.
Telecom & IT industry bodies hail policy continuity under PM Modi
New Delhi, June 10 - Top industry bodies on Monday welcomed the appointment of Jyotiraditya Scindia as Minister of Communications and Ashwini Vaishnaw retaining Railways and IT Ministries, besides getting the key Information and Broadcasting (I&B) portfolio.
Seoul ranked 9th best city for startup ecosystem globally, US leads
Seoul, June 10 - Seoul was ranked the ninth best city for launching a startup in an annual report published on Monday by a US startup research firm, the highest spot the city has ever achieved.
India Inc set to touch new heights, fastest pace of growth in Modi 3.0: Assocham
New Delhi, June 10 - India Inc is confident that under the leadership of Prime Minister Narendra Modi, the country will be steered to greater heights, maintaining the fastest pace of growth among the major economies of the world, Assocham said on Monday.
Quality Council of India celebrates World Accreditation Day
New Delhi, June 10 - Quality Council of India (QCI) celebrated World Accreditation Day on Monday in more than 20 cities in India as part of its campaign to improve quality across sectors in the economy.
Capacity building need of hour to enable us to export, employ more people: Dr Vijay Kalantri
New Delhi, June 10 - Congratulating Prime Minister Narendra Modi on his third-successive term, Vijay Kalantri, Chairman, MVIRDC World Trade Centre Mumbai, on Monday said that capacity-building is the need of the hour to "enable us to export more and employ more people".
Equity mutual funds hit record Rs 34,697 crore in May, all eyes on govt’s 100-day action plan
Mumbai, June 10 - Equity mutual fund inflows reached a record Rs 34,697 crore in May, an 83.42 per cent jump from the previous month, marking 39 consecutive months of positive trends, the Association of Mutual Funds of India (AMFI) said on Monday.
SK Group chairman’s younger brother moved to lead conglomerate’s energy units
Seoul, June 10 - The younger brother of SK Group Chairman Chey Tae-won was formally moved on Monday to lead the conglomerate's energy units, in an apparent move by Chey to tighten the family's grip and restructure the group's business portfolio.
Sensex ends lower due to selling pressure in largecaps
Mumbai, June 10 - Indian equity benchmarks snapped a three-day winning streak on Monday with the frontline indices settling lower due to a fall in largecap stocks.
‘ONDC will become a formidable e-commerce player in near future’
New Delhi, June 10 - The government-run Open Network for Digital Commerce (ONDC) is set to become a formidable e-commerce player in the near future, said ONDC MD and CEO T Koshy on Monday.