Welspun One raises Rs 2,275 crore to boost logistics infra in India
Mumbai, July 8 - Integrated fund and development management platform Welspun One on Monday said it has raised a second fund worth Rs 2,275 crore, inclusive of co-investment commitments, to strengthen logistics infrastructure in the country.
LG Energy Solution’s operating profit plunges 58 pc as EV sales slip
Seoul, July 8 - LG Energy Solution Ltd (LGES), South Korea's leading battery maker, said on Monday its second-quarter operating profit plunged 58 per cent from a year earlier due to slowing sales of electric vehicles.
Will fight Apple over ‘arbitrary’ changes: Epic Games CEO
San Francisco, July 7 - The fight between Apple and Epic Games is not over yet and now, Epic Games Founder and CEO Tim Sweeney has said that the App Store owner's EU Digital Markets Act (DMA) saga "has taken a turn towards
SEBI notice says Hindenburg shared Adani report with client 2 months before publishing
Mumbai, July 7 - Markets regulator Securities and Exchange Board of India (SEBI), in its 46-page show-cause notice to Hindenburg Research, has detailed how the US short-seller shared an advance copy of its critical report on the Adani Group with New York-based hedge
‘Paytm was like a daughter to me who met with an accident’: CEO Vijay Shekhar Sharma
New Delhi, July 7 - Paytm Founder and CEO Vijay Shekhar Sharma has said the company was like his daughter who was a school topper and met with an accident on the way to an entrance test.
India’s security market expected to exceed $15 bn by 2029: Industry experts
New Delhi, July 7 - India's security market, with biometrics and surveillance emerging as major segments, is predicted to surpass $15 billion by 2029, industry officials said.
Unionised workers at Samsung to stage 3-day strike in S. Korea this week
Seoul, July 7 - Unionised workers of Samsung Electronics are set to stage a three-day general strike this week in South Korea as their negotiations with the management over wages and working conditions fell through.
India has talent, expertise to be a global leader in semiconductor industry: MeitY Secy
New Delhi, July 7 - Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan said that India has the talent and deep expertise to be a global player in the semiconductor industry, an important sector for the country.
Centre calls for Quantum Lab proposals to boost local R&D, benefit all citizens
New Delhi, July 7 - The Department of Telecommunications (DoT), which comes under the Ministry of Communications & Information Technology, on Sunday announced a call for Quantum Lab proposals to boost local R&D.
Delhi-NCR, Mumbai Metropolitan Region see housing prices surge 49 pc in 5 years
Mumbai, July 7 - Delhi-NCR and Mumbai Metropolitan Region (MMR), the country's two top realty hotspots, have seen average residential prices soar by about 49 per cent in the last five years, a report showed on Sunday.
Rajeev Chandrasekhar to address key UK conference, highlight India’s digital leadership
New Delhi, July 7 - As India sets the global discourse on democratising artificial intelligence (AI), former Union minister Rajeev Chandrasekhar is scheduled to deliver a keynote address at the ‘Future of Britain Conference’ next week.
Union Budget: Infra push, structural reforms for sustainable growth key industry wish-list
New Delhi, July 7 - With the government set to present the Union Budget 2024-25 on July 23, industry leaders and experts have reiterated the importance of structural reforms to drive sustainable and inclusive economic growth, especially the critical role of infrastructure development
Hyundai Motor’s sales in India hit record ahead of planned IPO
Seoul, July 7 - Hyundai Motor, South Korea's leading automaker, saw its sales hit a record in India in the first half of this year, according to industry data on Sunday, as it has filed for an initial public offering (IPO) worth Rs
South Korea clocks record $37 bn in car exports in first half of 2024
Seoul, July 7 - South Korea's car exports are estimated to have reached a record $37 billion for the first half of the year, according to industry data on Sunday.
Sensex, Nifty end flat as markets turn to consolidation phase
Mumbai, July 8 - The Indian benchmark indices ended flat on Monday as the stock markets turned to a consolidation phase due to the absence of major triggers to support the current premium valuation in the near term, prompting investors to book some
South Korea’s regulator set to take steps against Google over YouTube bundling allegations
Seoul, July 8 - South Korea's antitrust regulator is expected to take punitive steps against Google regarding allegations that it has unfairly bundled YouTube's music service with its premium subscription programme, officials said on Monday.
India sets eyes on competing in esports games at Olympics soon
New Delhi, July 8 - With growing viewership, investment, player base, and appearances at major international tournaments, esports in India is becoming a mainstream sport, with future ambitions to compete in the Olympics Esports Games, industry experts said on Monday.
Amarnath Yatra gets telecom infra boost, new SIM distribution centres opened: Centre
New Delhi, July 8 - To ensure seamless mobile connectivity for pilgrims participating in the Amarnath Yatra, the government on Monday announced significant improvements in telecom infrastructure.
73 pc Indian firms plan to use GenAI to enhance security measures: Report
New Delhi, July 8 - About 73 per cent of Indian organisations plan to harness generative artificial intelligence (GenAI) within the next 12 months to enhance security measures and align IT objectives with broader business goals, a new report said on Monday.
Maharashtra to receive AI support through ‘MARVEL’ to expeditiously solve crimes
Mumbai, July 6 - Amid increase in the application of Artificial Intelligence (AI) across several fields, the Maharashtra Police have integrated AI to expeditiously solve various crimes, including burgeoning cyber and financial crimes, with the establishment of the Maharashtra Research and Vigilance for