Centre releases Rs 1.39 lakh crore as tax devolution to states to boost development
New Delhi, June 11 - In a bid to enable state governments to accelerate development and capital spending, the BJP-led NDA government released one additional instalment of devolution of taxes, cumulatively amounting to Rs 1,39,750 crore this month.
Electronics & IT sector promises lakhs of jobs for young talented Indians: MoS Jitin Prasada
New Delhi, June 11 - The electronics and IT sector promises lakhs of new jobs for young talented Indians in the near future and it is an immense honour to be given the responsibility by Prime Minister Narendra Modi to be part of
Atal Innovation Mission at NITI Aayog unveils 2 groundbreaking initiatives
New Delhi, June 10 - In a bid to address pressing water challenges and empower young innovators to drive positive changes, the Atal Innovation Mission (Aim) at NITI Aayog on Monday announced the launch of two groundbreaking initiatives.
Indian cyber agency finds multiple bugs in Microsoft Edge, advises users to update
New Delhi, June 10 - The Indian Computer Emergency Response Team (CERT-In), which comes under the Ministry of Electronics & Information Technology, on Monday, warned users of multiple vulnerabilities in Microsoft Edge (Chromium-based) which could allow an attacker to compromise the targeted system.
EV startup Battery Smart raises $65 million led by LeapFrog Investments
New Delhi, June 11 - Electric vehicle (EV) startup Battery Smart on Tuesday said it has secured $65 million in a Series B funding round led by LeapFrog Investments.
RBI rejects reappointment of Rajkumar Bansal as Edelweiss ARC’s CEO
New Delhi, June 11 - The Reserve Bank of India (RBI) has rejected the reappointment of Rajkumar Bansal as Edelweiss Asset Reconstruction Co’s (ARC) Managing Director and Chief Executive Officer.
Musk threatens to ban iPhones at his companies over ChatGPT integration
San Francisco, June 11 - Tesla and SpaceX CEO Elon Musk on Tuesday threatened to ban iPhones from all his companies over the integration of ChatGPT into iPhones and other Apple devices.
ChatGPT surpasses 1 million users in S Korea: Industry data
Seoul, June 11 - The number of OpenAI's ChatGPT users in South Korea rose 30 per cent last month, surpassing 1 million for the first time on the increasing popularity of the artificial intelligence chatbot, industry data showed on Tuesday.
‘Apple Intelligence’, ChatGPT on iPhone & more: Tim Cook heralds AI era
Cupertino (California), June 11 - Joining the AI bandwagon in a big way, Apple on Monday announced a new suite of AI features (including ChatGPT integration) that will customise personal experiences for millions of its users with the arrival of iOS 18 and
Apple Vision Pro to arrive in 9 new countries this month: Tim Cook
Cupertino (California), June 10 - Apple on Monday announced to bring its Vision Pro device to nine new countries, with pre-orders for China, Hong Kong, Japan and Singapore beginning on June 14 and availability on June 28.
Telecom & IT industry bodies hail policy continuity under PM Modi
New Delhi, June 10 - Top industry bodies on Monday welcomed the appointment of Jyotiraditya Scindia as Minister of Communications and Ashwini Vaishnaw retaining Railways and IT Ministries, besides getting the key Information and Broadcasting (I&B) portfolio.
Seoul ranked 9th best city for startup ecosystem globally, US leads
Seoul, June 10 - Seoul was ranked the ninth best city for launching a startup in an annual report published on Monday by a US startup research firm, the highest spot the city has ever achieved.
India Inc set to touch new heights, fastest pace of growth in Modi 3.0: Assocham
New Delhi, June 10 - India Inc is confident that under the leadership of Prime Minister Narendra Modi, the country will be steered to greater heights, maintaining the fastest pace of growth among the major economies of the world, Assocham said on Monday.
Capacity building need of hour to enable us to export, employ more people: Dr Vijay Kalantri
New Delhi, June 10 - Congratulating Prime Minister Narendra Modi on his third-successive term, Vijay Kalantri, Chairman, MVIRDC World Trade Centre Mumbai, on Monday said that capacity-building is the need of the hour to "enable us to export more and employ more people".
Equity mutual funds hit record Rs 34,697 crore in May, all eyes on govt’s 100-day action plan
Mumbai, June 10 - Equity mutual fund inflows reached a record Rs 34,697 crore in May, an 83.42 per cent jump from the previous month, marking 39 consecutive months of positive trends, the Association of Mutual Funds of India (AMFI) said on Monday.
SK Group chairman’s younger brother moved to lead conglomerate’s energy units
Seoul, June 10 - The younger brother of SK Group Chairman Chey Tae-won was formally moved on Monday to lead the conglomerate's energy units, in an apparent move by Chey to tighten the family's grip and restructure the group's business portfolio.
candi solar raises $38 mn to boost clean energy expansion
New Delhi, June 10 - Clean energy company candi solar on Monday announced that it raised $38 million in a Series C funding round led by Norfund, Kyuden International, and STOA.
‘ONDC will become a formidable e-commerce player in near future’
New Delhi, June 10 - The government-run Open Network for Digital Commerce (ONDC) is set to become a formidable e-commerce player in the near future, said ONDC MD and CEO T Koshy on Monday.
Paytm cuts jobs amid restructuring exercise, disburses bonus
New Delhi, June 10 - One97 Communications Limited (OCL), which owns the Paytm brand, has begun to lay off an undisclosed number of employees amid a restructuring exercise, along with facilitating outplacement assistance to those affected.
Viney Equity Market co-leads Rs 715 cr investment in Vikram Solar
New Delhi, June 10 - Venture capitalist Viney Equity Market on Monday announced that it co-led a Rs 715 crore investment in solar panel manufacturers and power companies Vikram Solar and contributed Rs 12 crore to the funding round, alongside participation from multiple