Global investment in clean energy at $2 trillion is twice that of fossil fuels in 2024: IEA
New Delhi, June 6 - Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for clean technologies, according to a new
Domestic air passenger traffic surges in May 2024: ICRA report
New Delhi, June 6 - Domestic air passenger traffic in India saw a notable increase in May, reaching approximately 138.9 lakh passengers, marking a 5.2 per cent rise from April's 132.0 lakh passengers, according to a recent report by ICRA, a leading credit
Nvidia hits $3 trillion market cap, surpasses Apple on AI boom
New Delhi, June 6 - Al chipmaker Nvidia has surpassed technology giant Apple to become the world's second most valuable company, just behind Microsoft.
Analysts remain bullish on private banks stocks, say ‘fundamentals’ strong
Mumbai, June 6 - As private bank stocks recovered sharply this week, a Goldman Sachs analysis has said this offers opportunities to investors to "accumulate" private bank stocks.
India’s economic fundamentals, growth prospects remain encouraging: Analysts
New Delhi, June 6 - With the new government set to take oath under the leadership of Prime Minister Narendra Modi, top global brokerage firms and market analysts said on Thursday that India’s economic fundamentals remain strong and the country's growth prospects, inflation
RBI likely to leave interest rates unchanged
Mumbai, June 6 - The RBI is expected to leave interest rates unchanged in its monetary policy review as it continues to maintain a balance between pushing for economic growth and keeping inflation in check.
Clodura.AI raises $2 mn from Bharat Innovation Fund
New Delhi, June 6 - AI-powered sales prospecting platform Clodura.AI on Thursday said that it raised $2 million in a pre-Series A funding round led by the Bharat Innovation Fund with additional backing from Malpani Ventures.
Sensex trades higher on positive global cues
Mumbai, June 6 - Indian frontline indices opened in green on Thursday following positive global cues.
Google buys Cameyo to bring Windows apps to ChromeOS devices
New Delhi, June 6 - Google has acquired Cameyo, which develops virtualisation tools to run Windows apps on ChromeOS devices, for an undisclosed sum.
BHEL bags Rs 3,500 crore order from Adani Power for Raipur TPP project
New Delhi, June 5 - The Bharat Heavy Electricals Ltd (BHEL) said on Wednesday that it has secured a Rs 3,500 crore order from Adani Power Limited for setting up a 1,600 MW thermal power plant (TPP) at Raipur, Chhattisgarh.
CBIC starts electronic disbursal of duty drawback directly to exporters’ bank accounts
New Delhi, June 5 - Central Board of Indirect Taxes and Customs (CBIC) has started to electronically disburse duty drawback amounts directly to the bank accounts of exporters in order to facilitate trade, the Finance Ministry said on Wednesday.
Apple earned over $1.95 trillion from iPhone sales so far: Report
New Delhi, June 5 - Despite the apparent decline in the first three months of the year, iPhone lifetime sales still rose to shocking highs as the tech giant Apple grossed over $1.95 trillion from iPhone sales so far, a new report said
Google parent Alphabet appoints Anat Ashkenazi as new CFO
San Francisco, June 5 - Google parent Alphabet on Wednesday announced the appointment of Anat Ashkenazi as the company's new Chief Financial Officer (CFO).
Shares of Adani Portfolio companies rebound, led by Adani Green
Mumbai, June 5 - The shares of Adani Group's portfolio of companies made a strong comeback on Wednesday, led by Adani Green Energy and Adani Ports, as the stock markets recovered from Tuesday's losses.
Test automation startup Testsigma raises $8.2 mn led by MassMutual Ventures
New Delhi, June 5 - Artificial Intelligence (AI)-powered, low-code test automation platform Testsigma on Wednesday announced that it has raised $8.2 million in funding led by MassMutual Ventures.
Byju’s US subsidiary lenders drag more entities into bankruptcy
New York, June 5 - A group of lenders on Wednesday petitioned against new entities, tied to embattled edtech company Byju's US subsidiary, into bankruptcy in a US court, alleging that these entities are not paying their debts.
Investors gain Rs 12 lakh crore as stock markets shrug off poll jitters
Mumbai, June 5 - The Indian indices shrugged off election jitters and massively rebounded in a sharp rally on Wednesday, as the BJP-led National Democratic Alliance (NDA) prepared to stake fresh claims for government formation.
Software giant SAP to acquire digital adoption platform WalkMe for $1.5 bn
New Delhi, June 5 - Enterprise software giant SAP on Wednesday announced that it has entered into a definitive agreement to acquire digital adoption platform WalkMe in an all-cash transaction worth $1.5 billion.
Adani Defence and Aerospace celebrates World Environment Day by planting saplings
New Delhi, June 5 - Employees at the Adani Defence and Aerospace on Wednesday planted several tree saplings on the occasion of World Environment Day.
YouTube expands shopping features in South Korea to help creators make more money
Seoul, June 5 - Global streaming giant YouTube has expanded its shopping features in South Korea to help creators generate additional revenue through their videos, company officials said on Wednesday.