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.
Paytm cuts jobs amid restructuring exercise, disburses bonus
New Delhi, June 10 - One97 Communications Limited (OCL), which owns the Paytm brand, has begun to lay off an undisclosed number of employees amid a restructuring exercise, along with facilitating outplacement assistance to those affected.
Viney Equity Market co-leads Rs 715 cr investment in Vikram Solar
New Delhi, June 10 - Venture capitalist Viney Equity Market on Monday announced that it co-led a Rs 715 crore investment in solar panel manufacturers and power companies Vikram Solar and contributed Rs 12 crore to the funding round, alongside participation from multiple
Fabless firm FADU, Western Digital to develop next-gen SSD tech
Seoul, June 10 - South Korean fabless semiconductor company FADU said on Monday it has partnered with US data storage firm Western Digital Corp. to co-develop next-generation technology for solid-state drives (SSDs) targeted at business applications.
ONDC seeing variety of participation from small businesses across India: CEO T Koshy
New Delhi, June 10 - From farmer producer organisations to Kanjeevaram silk weavers to self-help groups like Kerala's Kudumbashree, the government-run Open Network for Digital Commerce (ONDC) is seeing a variety of participation from small businesses across India, said T Koshy, MD &
Household consumption expenditure jumps in India as incomes rise
New Delhi, June 10 - Household consumption expenditure on goods and services in both the rural and urban areas of India, which reflects the standard of living and well-being of the population, has shown a robust increase over the last decade, according to
India needs 3 lakh skilled professionals for semiconductor industry by 2027: Report
New Delhi, June 10 - As India embarks on its ambitious semiconductor journey, the country will require 2.5 lakh-3 lakh skilled professionals by 2027 across Research and Development (R&D), design, manufacturing and advanced packaging domains, a report showed on Monday.
Samsung launches 2024 QLED 4K TV series in India starting at Rs 65,990
New Delhi, June 10 - Samsung on Monday launched the 2024 QLED 4K TV series in India, with a plethora of premium features at a starting price of Rs 65,990.
India to continue transformation under PM Modi towards becoming 3rd largest economy: CII
New Delhi, June 10 - The Confederation of Indian Industry (CII) on Monday said they are confident that under the astute leadership of Prime Minister Narendra Modi, the country would continue its economic transformation and emerge among the top three in the world.
We value our partnership for promoting innovation for benefit of humanity: PM Modi to Bill Gates
New Delhi, June 10 - Prime Minister Narendra Modi on Monday thanked Microsoft co-founder and billionaire philanthropist Bill Gates for congratulating him for winning the Lok Sabha elections for the record third time, saying, "We value our partnership for promoting innovation for the
Sensex trades flat after opening at all-time high
Mumbai, June 10 - Indian equity indices opened at an all-time high on Monday.
US to outstrip China as top export destination for S Korea for 1st time in 22 years
Seoul, June 10 - South Korea's exports to the United States exceeded those to China so far this year, data showed on Monday, raising the possibility that the US could be the top export destination for South Korea for the first time in
Google now lets you switch between different modes in Slides
New Delhi, June 9 - Google has said that it is making it easier for users to switch between different modes such as edit, view and comment in Slides.
‘Without him, we would just be another car firm’: Musk lauds Indian-origin engineer
New Delhi, June 9 - Lauding the Indian-origin engineer Ashok Elluswamy, who was the first recruit of Tesla's Autopilot team, Elon Musk on Sunday expressed gratitude towards him, saying that "without him and our awesome team, we would just be another car company
India set to become global electronics mfg destination under PM Modi’s leadership: ICEA Chairman
New Delhi, June 9 - India is poised to become a large-scale global electronics manufacturing destination in years to come under the visionary leadership of Prime Minister Narendra Modi, Pankaj Mohindroo, Chairman, India Cellular and Electronics Association (ICEA), said on Sunday.
AI to iOS 18: What to expect from this year’s Apple WWDC developer conference?
New Delhi, June 9 - This year Apple's annual Worldwide Developers Conference (WWDC) is set to kick off on June 10, and artificial intelligence (AI) is expected to take centre stage along with many other features.
Tech industry hails PM Modi’s record third term
New Delhi, June 9 - As Narendra Modi is set to take oath as Prime Minister on Sunday, the tech industry hailed his record third term, saying that this continuity will promise stability, consistency and effectiveness in governance, taking the country closer to
Adani Airports handles over 1 mn tonnes of cargo in FY24, logs impressive 7 pc growth
Mumbai, June 9 - Adani Airport Holdings Limited (AAHL) on Sunday said it handled an impressive one million tonnes of air cargo in fiscal year 2023-2024 (FY24).