VC firm Venturi Partners invests $27 mn in K12 Techno Services
New Delhi, May 9 - Venture capital firm Venturi Partners on Thursday announced a purchase of a $27 million stake in the education service provider K12 Techno Services from Navneet Learning LLP, a subsidiary of Navneet Education Limited.
BMW 3 Series Gran Limousine M Sport Pro edition launched in India
New Delhi, May 9 - The new BMW 3 Series Gran Limousine M Sport Pro edition was launched in India by the luxury car maker on Thursday.
Byju Raveendran tells staff not to sell courses but counsel parents; cuts course prices
New Delhi, May 9 - In a bid to salvage the financial and cultural crisis edtech company Byju’s is currently in, its Founder and CEO Byju Raveendran has asked staff to pull the plug on aggressive selling, while slashing course prices by up
India smartphone market poised for fierce competition in affordable 5G segment
New Delhi, May 9 - With the smartphone market registering 10 per cent (year-on-year) growth in the first quarter (Q1) of 2024 in India and 5G devices capturing 70 per cent share, analysts on Thursday said that the market in this year and
Happiest Minds to acquire 100 pc stake in Aureus Tech Systems
New Delhi, May 9 - IT firm Happiest Minds Technologies on Thursday announced that it has signed definitive agreements to acquire 100 per cent ownership of the US-based Azure native digital product engineering company Aureus Tech Systems LLC.
Wipro Infrastructure Engineering acquires Canada-based Mailhot Industries
New Delhi, May 9 - Wipro Infrastructure Engineering's hydraulic cylinders and components manufacturing business has entered into a definitive agreement to acquire Canada-based Novacap portfolio firm Mailhot Industries, the company announced on Thursday.
India smartphone market grows 8 pc in Q1, 5G shipments share at highest-ever 71 pc
New Delhi, May 9 - Driven by consumers upgrading to higher-value phones across price tiers, India’s smartphone shipments in the January-March quarter (Q1) grew a record 8 per cent (year-on-year) in terms of volume and 18 per cent in terms of value, a
Semiconductor giant SK hynix develops next-gen AI chip for smartphones
Seoul, May 9 - South Korean chipmaker SK hynix said on Thursday it has developed a next-generation mobile NAND solution designed for on-device artificial intelligence (AI) applications.
India playing an important role in advanced manufacturing: TCS Chairman Chandrasekaran
New Delhi, May 9 -Geo-political challenges are continuing to alter established supply chains and companies are rebalancing their supply chains to address both resilience and efficiency, Tata Consultancy Services (TCS) Chairman N. Chandrasekaran has said.
1st human implanted with Neuralink brain chip completes 100 days: Musk
New Delhi, May 9 - Elon Musk on Thursday said his brain-computer interface company Neuralink has achieved 100 successful days with the first human implanted with a brain chip.
Air pollution increasingly threatening the mangrove ecosystem of Sunderbans: Study
Kolkata, May 8 - Air pollution poses a significant threat to the Sundarbans, a crucial mangrove ecosystem in West Bengal that protects the region from extreme weather, warns a recent study by leading environmental scientists
Microsoft, Google challenge Delhi HC single-judge bench’s order on removal of non-consensual intimate images
New Delhi, May 8 - Tech giants Microsoft and Google have moved the Delhi High Court against its single-judge bench's order directing search engines to proactively remove non-consensual intimate images (NCII) from the internet without requiring specific URLs.
Startup hiring surges in India, freshers to grab 53 pc jobs: Report
Bengaluru, May 9 - The Indian startup ecosystem saw a 37 per cent increase in the number of new companies in April, leading to a 14 per cent surge in the number of jobs, a report showed on Thursday.
US automotive firm BorgWarner launches R&D centre in South Korea
Seoul, May 9 - US automotive company BorgWarner has opened a research and development centre in South Korea, which is expected to help stabilise the supply chain in the sector, the industry ministry said on Thursday.
EU asks for more details on X’s content moderation activities, resources
London, May 8 - The European Commission on Wednesday sent Elon Musk-run X a request for information (RFI) under the Digital Services Act (DSA), seeking more details on the company's content moderation activities and resources, on the risk assessment conducted by it about
Zomato unveils India’s 1st crowd-supported weather infrastructure, offers free access
New Delhi, May 8 - Online food delivery platform Zomato's co-founder and CEO, Deepinder Goyal, on Wednesday unveiled India's first crowd-supported weather infrastructure, which would provide localised, real-time information on key weather parameters such as temperature, humidity, wind speed, rainfall, and more.
Stopped manufacturing, supply of additional Covishield doses, disclosed all side effects: Serum Institute
New Delhi, May 8 - As British-Swedish pharma giant AstraZeneca recalled its Covid-19 vaccine globally, Pune-based Serum Institute of India (SII) on Wednesday said it stopped the manufacturing and supply of additional doses of Covishield in December 2021.
AstraZeneca recalls Covid vax: Risk-benefit currently against further use, say experts
New Delhi, May 8 - The risk-benefit of AstraZeneca's Covid-19 vaccine is currently against further use, said experts on Wednesday amid a report of a global recall of the jab by the British-Swedish pharma giant.
BMW earnings hit by model change, lower profits on e-auto sales
Munich, May 8 - German car manufacturer BMW made less profit in the first quarter despite a good run with expensive models and an increase in sales, the company reported on Wednesday.
Two new species of needlefish from Indian waters identified by CMFRI
Kochi, May 8 - Researchers at the ICAR-Central Marine Fisheries Research Institute (CMFRI) have scientifically described and added two new species of needlefish from Indian waters.