TCS launches GenAI aggregation platform for firms to adopt next-gen tech at scale
New Delhi, June 7 - Tata Consultancy Services (TCS) on Friday launched 'AI WisdomNext', a platform that aggregates multiple Generative Artificial Intelligence (GenAI) services into a single interface and enables organisations to rapidly adopt next-gen technologies at scale, lower costs and within regulatory
RBI bringing in Auto-Replenishment facility for Fastag, NCMC & UPI Lite Wallet
Mumbai, June 7 - The Reserve Bank of India (RBI) has decided to include payments, such as replenishment of balances in Fastag, National Common Mobility Card (NCMC), etc. which are recurring in nature but without any fixed periodicity, in the e-mandate framework.
RBI hikes limit of bulk deposits for banks, FD investors to gain
Mumbai, June 7 - The Reserve Bank of India (RBI) has decided to revise the definition of bulk deposits as ‘Single Rupee term deposits of Rs 3 crore and above’ for scheduled commercial banks and small finance banks, central bank Governor Shaktikanta Das
Adani Solar ‘Top Performer’ in Kiwa PVEL’s PV Module Reliability Scorecard for 7th year
Ahmedabad, June 7 - Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group, on Friday, said it has been recognised as a 'Top Performer’ in the 10th Edition of Kiwa PVEL’s PV Module Reliability Scorecard.
RBI raises GDP growth forecast for 2024-25 to 7.2 pc, sees CPI inflation at 4.5 pc
Mumbai, June 7 - The RBI has raised India’s GDP growth forecast from 7 per cent to 7.2 per cent for the current financial year (2024-25), as it expects the economy to continue on a high growth trajectory.
28,000 unionised workers of Samsung set to stage walkout over wages
Seoul, June 7 - Unionised workers of Samsung Electronics were set to launch a one-day walkout over wages on Friday, a union official said, in what would be the first walkout at the technology giant.
SK Group chairman meets TSMC chief, discusses AI chips
Seoul, June 7 - SK Group Chairman Chey Tae-won had held a meeting with CC Wei, Chairman of Taiwan Semiconductor Manufacturing (TSMC), in Taiwan and they discussed bolstering cooperation on artificial intelligence (AI) chip technologies, SK Group said on Friday.
India, Qatar hold talks on bolstering economic ties
New Delhi, June 6 - The first meeting of the Joint Task Force on Investment (JTFI) between India and Qatar held here on Thursday reaffirmed the commitment of both the nations to strengthen bilateral economic relations.
Wipro secures $500 million deal from US communication service provider
Mumbai, June 6 - IT major Wipro on Thursday announced it has secured a $500 million deal from a leading US communication service provider over a period of five years.
More volume and less taxes, best way to counter counterfeiting: Delhi Police Joint Commissioner
New Delhi, June 6 - B. Shanker Jaiswal, Joint Commissioner (Tech, Cyber and Licensing), Delhi Police, said on Thursday that counterfeiting must not be permitted to become an activity of 'low risk and high gain' for the counterfeiters.
Amazon acquires some assets of MX Player
New Delhi, June 6 - E-commerce giant Amazon which also runs video streaming platforms like Prime Video and Mini TV has acquired some assets of Times Internet-owned MX Player.
CMF Phone 1 is coming, confirms Nothing
New Delhi, June 6 - London-based consumer tech brand Nothing on Thursday confirmed that it will soon launch the CMF Phone 1 as the first smartphone under the CMF sub-brand.
10 Indian companies selected in top 100 list by Indo-Pacific Clean Economy Investor Forum
Singapore, June 6 - As many as 10 Indian companies including start-ups figure among the top 100 climate tech firms selected by the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum, the Commerce and Industry Ministry said on Thursday.
Zee Entertainment Enterprises to raise funds up to Rs 2,000 crore
New Delhi, June 6 - Zee Entertainment Enterprises Limited (ZEEL) on Thursday announced to raise funds up to Rs 2,000 crore via shares or eligible securities.
India’s smartwatch market stagnates for 1st time, rises 0.3 pc in Q1: Report
New Delhi, June 6 - India's smartwatch shipments stagnated for the first time, rising marginally by 0.3 per cent (year-on-year) in the first quarter (Q1) of 2024, a new report said on Thursday.
India Inc sees resilient investments at $6.7 billion across key sectors in May
New Delhi, June 6 - India Inc saw resilient private equity (PE) investments amid elections as the month of May witnessed 145 deals worth $6.7 billion, a report showed on Thursday.
India’s unemployment rate decreased to 3.1 per cent in 2023: Report
New Delhi, June 6 - India's unemployment rate decreased to 3.1 per cent in 2023, down from 7 per cent in 2022 amid robust government policies, a report showed on Thursday.
‘Petrol cheaper in Assam than West Bengal’: CM Sarma defends hike
Guwahati, June 6 - A day after Lok Sabha poll results were declared, the Assam government hiked taxes on petrol and diesel. Chief Minister Himanta Biswa Sarma claimed that the prices of fuel are cheaper in Assam by at least Rs 7 compared
Railways rushes more coal to power plants to meet peak summer demand
New Delhi, June 6 - Indian Railways transported 9.3 per cent more coal in May this year compared to the same month last year to help the country’s power plants meet the peak demand for electricity in the scorching summer from power plants,
Time to position India as creator of global brands: Industry
New Delhi, June 6 - Policies of the incumbent government have added significant thrust to economic development as well as fast-tracked infrastructure development, and the time now is to position India as a creator of global brands, industry experts said on Thursday.