Paytm aims ‘leaner organisation structure’ after Rs 550 crore net loss in Q4
New Delhi, May 22 - In order to achieve significant cost efficiencies through artificial intelligence (AI)-led capabilities, digital payments major Paytm is planning a “leaner organisation structure” and the “pruning of non-core businesses”, indicating there may be job redundancies at the company in
Mahindra launches new variant for ‘XUV700’ starting at Rs 16.89 lakh
New Delhi, May 22 - Leading SUV manufacturer Mahindra & Mahindra on Wednesday launched a new variant for the XUV700 -- AX5 Select (AX5 S), starting at Rs 16.89 lakh (ex-showroom).
With Modi govt’s support, will create lakhs of jobs in next 10 yrs: Ghazal Alagh
New Delhi, May 22 - Mamaearth co-founder Ghazal Alagh on Wednesday said that the company will create lakhs of employment opportunities in the next 10 years with the support of Narendra Modi's government.
Cipla receives final USFDA nod for Lanreotide injection to treat tumours
Mumbai, May 22 - Drugmaker Cipla on Wednesday announced that the US Food and Drug Administration (USFDA) has granted it final approval for the Lanreotide injection, used for the treatment of acromegaly and gastroenteropancreatic neuroendocrine tumours (GEP-NETs).
IIT Jodhpur study sheds fresh light on air pollution hazards in north India
New Delhi, May 21 - As air pollution remains a crucial global challenge, with severe health implications for millions of people globally, a new study by a researcher from the Indian Institute of Technology (IIT) Jodhpur sheds light on the sources and composition
Meta, Match Group, Coinbase, others team up to prevent, disrupt financial scams
New Delhi, May 21 - Major tech companies across social media, dating apps, financial institutions and crypto on Tuesday announced a new coalition -- Tech Against Scams, to help prevent online fraud and financial schemes that target consumers across industries.
Snapchat strengthens senior leadership team in India
New Delhi, May 22 (IANS) Social media platform Snapchat on Wednesday strengthened its leadership team in India, a country where it has reached over 200 million monthly active users.
14 global tech giants adopt pledge on ‘responsible’ development of AI
Seoul, May 22 - A group of South Korean and global tech companies adopted a joint pledge on Wednesday, vowing to responsibly develop and use artificial intelligence (AI) and to address social challenges with the technology
Paytm reports 3 pc decline in Q4 revenue at Rs 2,267 crore
New Delhi, May 22 - Payment and financial services company Paytm on Wednesday reported 3 per cent decline in its revenue for the fourth quarter of FY24 to Rs 2,267 crore.
Widespread 5G spectrum availability to add $27 billion to India’s GDP: GSMA
New Delhi, May 21 - The widespread availability of spectrum for 5G is likely to contribute about $27 billion to India's gross domestic product (GDP) by 2030, a GSMA report said on Tuesday.
Google’s parent company Alphabet earned over Rs 2.5 lakh per second in Q1
New Delhi, May 21 - After seeing its net profit drop by almost 35 per cent in 2022 due to inflation and advertisers' pullbacks, Google's parent, Alphabet, has been on a trajectory of growth for the past year and a half, earning $3,042
Food regulator finds no trace of ethylene oxide in Indian spices
New Delhi, May 21 - Amid the global furore over the alleged presence of a "cancer-causing substance" in certain spices from India, the Food Safety and Standards Authority of India (FSSAI) has cleared more than a dozen samples of spices from MDH and
Vodafone Idea to raise Rs 2,075 crore via preferential share allotment to AB Group
Mumbai, May 21 - Telecom operator Vodafone Idea (Vi) on Tuesday announced it will raise up to Rs 2,075 crore from Oriana Investments (Aditya Birla Group entity) via a preferential share issue.
Clocked 1.6 times growth in grocery biz, over half deliveries via EVs: Flipkart
Bengaluru, May 21 - As online grocery delivery market surges in the country, e-commerce platform Flipkart on Tuesday said it has clocked 1.6 times growth (year-on-year) in its grocery business, with more than half of deliveries being carried out using electric vehicles (EVs).
BMW launches new motorcycle in India at Rs 22.5 lakh
New Delhi, May 21 - German luxury vehicle manufacturer BMW on Tuesday launched a new motorcycle -- S 1000 XR, in India at Rs 22,50,000 (ex-showroom price).
We’re committed to provide right environment for startups to flourish, create wealth: PM Modi
New Delhi, May 22 - Prime Minister Narendra Modi on Wednesday reiterated that the government is committed to providing a conducive environment for startups to flourish.
South Korea needs to revamp green energy regulations: Climate Group head
Seoul, May 21 - South Korea needs to modify regulations to accelerate its transition to renewable energy sources, enabling the sector to compete on a level playing field with traditional fossil fuels, the head of a renewable energy advocacy group said on Tuesday.
AICTE, Skillible’s new tech programme to upskill & reskill 1 mn Indian students
New Delhi, May 21 - The All India Council for Technical Education (AICTE), under the Ministry of Education, on Tuesday joined hands with Skillible, a technology platform for experiential learning, to launch a novel initiative SAMBAV (Skillible's Academic Model for Business-To-Academic Ventures) to
Audi India launches new car under Bold Edition at Rs 97.84 lakh
New Delhi, May 21 - German luxury car manufacturer Audi on Tuesday launched a new car -- Q7, under its Bold Edition, in India at Rs 97,84,000 (ex-showroom).
Started new batches at 240 tuition centres, says embattled edtech firm Byju’s
New Delhi, May 21 - Embattled edtech company Byju’s said on Tuesday that it has started batches for the 2024-25 academic session at 240 out of its 296 tuition centres, as it struggles to pay salaries to its employees.