Greece aims at tenfold increase in electric taxis in Athens by 2026
Athens, June 20 - Greece aims to increase the number of electric taxis circulating in the Athens wider area tenfold by 2026, as part of efforts for a shift to climate-friendly electromobility, officials said.
Union Budget: Real estate sector calls for renewed push towards affordable housing in metros
New Delhi, June 20 - Riding on supportive policy interventions and rising disposable incomes, India’s real estate sector is growing and needs a renewed push for affordable housing, especially in and around metro cities, from the Union Budget 2024-25, industry experts said on
Ola Electric gets SEBI’s nod for Rs 5,500 crore IPO
New Delhi, June 20 - Bhavish Aggarwal-led Ola Electric has received the go-ahead from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
India now has 3,600 deeptech startups, ranks 6th globally: Nasscom
New Delhi, June 20 - India now ranks sixth among the top nine deeptech ecosystems globally with 3,600 such startups, which received $850 million funding last year, a Nasscom report said on Thursday.
Indian tech professionals saw median salary hike of 150 pc post upskilling: Report
New Delhi, June 20 - Indian tech professionals have secured a median salary hike of 150 per cent and 110 per cent, respectively in the last two years post-skilling, a new report showed on Thursday.
Tech startups raise $4.1 billion in 1st half of 2024, India remains 4th-highest funded globally
Bengaluru, June 20 - Indian tech startups raised $4.1 billion in the first half this year (January to June to date), a 4 per cent increase from $3.96 billion in the second half of 2023, a report showed on Thursday, as the country
BharatPe, Invest India join hands to drive financial inclusion via ODOP initiative
New Delhi, June 20 - Fintech platform BharatPe on Thursday partnered with Invest India to promote digital financial inclusion and financial literacy across One District One Product (ODOP) producers and sellers in the country.
Crypto exchange Binance to pay Rs 18.82 cr fine to restart India operations
New Delhi, June 20 - Leading blockchain and cryptocurrency platform Binance will be required to pay Rs 18.82 crore fine to restart operations in India.
AI platform OrbitShift raises $7 million to expand product footprint
New Delhi, June 20 - AI-native sales operating system OrbitShift on Thursday said it has raised $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners.
Mirae Asset Mutual Fund launches India’s 1st EV exchange-traded fund
Mumbai, June 20 - Mirae Asset Investment Managers (India) on Thursday launched India’s first exchange-traded fund (ETF) focused on the electric vehicles (EV) and new-age automotive segment, after the National Stock Exchange (NSE) launched a new Nifty EV index last month.
Samsung unveils industry’s first AI hybrid fridge using ‘Peltier’ modules
Seoul, June 20 - Samsung Electronics on Thursday unveiled the industry's first hybrid refrigerator using semiconductor elements and artificial intelligence (AI) to improve energy efficiency and performance.
Former OpenAI Co-founder Ilya Sutskever launches new AI company
San Francisco, June 20 - Ilya Sutskever, one of the co-founders of AI company OpenAI, has launched a new firm called Safe Superintelligence Inc (SSI), just a month after leaving the ChatGPT maker.
CERT-In, Mastercard join hands to bolster cybersecurity for financial sector
New Delhi, June 19 - The Computer Emergency Response Team (CERT-In), under the IT Ministry, on Wednesday said it has joined hands with financial giant Mastercard to promote cooperation and information sharing in the area of cybersecurity related to the financial sector.
Probe into imported Toyota, Yamaha models over fraudulent Japanese testing
Seoul, June 20 - The South Korean government said on Thursday it has carried out a probe into some imported vehicles made by Japanese automakers Toyota Motor Corp. and Yamaha Motor Co. in connection with their improper certification tests in their home country.
India to make huge progress on back of young population, rapid development: NSE CEO
Mumbai, June 20 - Riding on a young talented population, rapid technological developments and overall economic growth, India will be able to generate more wealth in comparison to other countries in years to come, Ashish Kumar Chauhan, Managing Director and CEO of National
Indian Gen Z workers more motivated to work when management delivers on promises: Report
New Delhi, June 19 - Gen Z employees in India are more motivated to work when they see management deliver on promises and when they can bring their authentic selves to work, a report showed on Wednesday.
VC firm GVFL unveils Rs 100 crore fund to nurture up to 30 startups
New Delhi, June 19 - Venture capital firm GVFL on Wednesday announced the first close of its new Seed Stage fund, Prarambh Fund, raising Rs 100 crore to nurture 25-30 promising seed startups in the next one year.
Centre plans to revamp PLI schemes to boost MSME sector
New Delhi, June 19 - The government is planning to revamp the production-linked incentives (PLIs) by relaxing the norms for releasing funds, including more sectors under the scheme, and extending benefits to MSMEs (micro, small and medium enterprises) in labour-intensive sectors through special
Bharti Airtel acquires 1 pc equity stake in Indus Towers
Mumbai, June 19 - Bharti Airtel said on Wednesday it has acquired 1 per cent equity stake in telecommunications infrastructure company Indus Towers, after the UK's Vodafone Group sold nearly 20 per cent shareholding in the firm.
LG joins ChargePoint to expand EV charging infrastructure in US
Seoul, June 19 - LG Electronics said on Wednesday it has partnered with ChargePoint, the leading supplier of charging solutions for electric vehicles in North America, to expand its EV charging business on a global basis.