US-based Invesco raises Swiggy’s valuation to $8.3 bn
New Delhi, Jan 4 - US-based investment company Invesco has raised IPO-bound food delivery platform Swiggy's valuation to about $8.3 billion.
US labour agency accuses SpaceX of illegally firing workers who criticised Musk
San Francisco, Jan 4 - The US National Labor Relations Board (NLRB) has filed a complaint against SpaceX, saying it illegally fired eight employees for criticising its CEO Elon Musk.
India saw highest private equity, venture capital exits in 2023: Report
New Delhi, Jan 3 - India saw the highest number of private equity and venture capital exits in 2023, according to a report on Wednesday.
Tech Mahindra appoints ex-Infosys veteran Richard Lobo as chief people officer
New Delhi, Jan 3 - Tech Mahindra on Wednesday announced the appointment of Richard Lobo, former Infosys executive vice-president and head of human resources, as its chief people officer.
SpaceX launches 1st batch of satellites for mobile phone connectivity anywhere on Earth
New Delhi, Jan 3 -Elon Musk-run aerospace company SpaceX has launched the first batch satellites to connect mobile phone users anywhere on the planet.
itel launches A70, India’s 1st smartphone with 256GB storage and 12GB (4+8) RAM at just Rs 7,299
New Delhi, Jan 3 - itel, the most popular sub-Rs 10,000 smartphone brand in India, on Wednesday launched the country's first phone with 256GB storage and 12GB RAM through memory fusion at just Rs 7,299, marking a significant leap into 2024.
India to use US rocket to launch GSAT-20, as ISRO’s heavy lift rocket is work in progress
Chennai, Jan 3 - With the development of a rocket that can lift above four ton still a work in progress for Indian Space Research Organisation (ISRO), India will be using a US rocket for the launch of communication satellite GSAT-20 (renamed as
Samsung opens pre-reserve for Galaxy S24 series in India
New Delhi, Jan 3 - Samsung on Wednesday announced the pre-reserve of its next flagship Galaxy smartphones in India which will be unveiled globally on January 17.
Hyundai Motor, Kia sales rise to record levels in 2023
Seoul, Jan 3 - Hyundai Motor, South Korea's biggest carmaker, said on Wednesday that its 2023 sales rose 6.9 per cent from a year earlier, helped by the release of new sport utility vehicle models and eco-friendly cars.
Electric 2-wheeler sales up 17% in India as electrification improves
New Delhi, Jan 3 - Electric two-wheeler (E2W) sales volume in India rose 17 per cent year-on-year in December as electrification improved after a recent hiatus, a report showed on Wednesday.
realme’s new mantra for youth in 2024: ‘Make it real’
New Delhi, Jan 3 - The year 2023 marked a series of remarkable achievements for realme. Celebrating its fifth anniversary, the brand also reached the significant milestone of shipping 200 million smartphones globally.
Palo Alto CEO Nikesh Arora becomes a rare non-founder billionaire
San Francisco, Jan 3 - Nikesh Arora, a SoftBank veteran and now the CEO of cybersecurity company Palo Alto Networks, has entered the billionaires’ club after a hefty paycheck he received from the firm.
Indian-origin MIT engineer develops vibrating pill to help treat obesity
New York, Jan 3 - An Indian-origin engineer at the Massachusetts Institute of Technology (MIT) has developed a new vibrating and ingestible capsule that could create a sense of fullness, tricking the brain into thinking it's time to stop eating, and one day
AI will be at the forefront of smartphone tech transformation: Industry
New Delhi, Jan 3 - Artificial Intelligence (AI) will significantly transform the IT and technology sector, including upcoming smartphones, in India and will play a crucial role in enhancing battery life, improving camera quality and boosting voice assistant capabilities in future devices, industry
Musk’s X launches paid basic tier for verified organisations
New Delhi, Jan 3 - Elon Musk-run X on Wednesday announced a new basic paid tier for verified organizations that is now available for $200 per month or $2,000 per year.
Telegram announces colorful calls, largest bot update
New Delhi, Jan 2 - Encrypted messaging platform Telegram on Tuesday unveiled new updates, featuring a range of exciting enhancements aimed at elevating user experience.
Motorola appoints TM Narasimhan to lead its India business
New Delhi, Jan 3 - Motorola Mobility India on Wednesday announced the appointment of T.M Narasimhan as the Managing Director for its Mobile Business Group in the country.
Samsung to unveil flagship Galaxy S24 series in heart of Silicon Valley
San Francisco, Jan 3 - Samsung on Wednesday announced to launch its next flagship Galaxy S24 series, powered by AI, during the ‘Unpacked’ event in the heart of Silicon Valley in the US this month.
Tesla delivers 1.81 mn cars in 2023, stays behind China’s BYD
San Francisco, Jan 2 - Elon Musk-run electric vehicle (EV) company Tesla on Tuesday said it delivered 1.81 million cars in 2023, which is a 38 per cent growth (year-on-year).
Transactions via UPI cross 100 bn mark in 2023: NPCI
New Delhi, Jan 2 - Transactions via the unified payments interface (UPI) platform surpassed the 100 billion-mark in 2023 to close at around 118 billion, representing 60 per cent growth as compared to 74 billion transactions recorded in 2022.