Business
-
Mphasis partners AWS to launch Gen AI Foundry for financial services
New Delhi: Information Technology (IT) solutions provider Mphasis on Friday announced a multi-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to launch Gen AI Foundry for financial services. According…
-
Tesla to showcase a ‘robotaxi’ on August 8: Elon Musk
San Francisco: Elon Musk on Saturday said that his electric car company Tesla will unveil its robotaxi on August 8. In a post on his social media platform X, the billionaire said:…
-
Australian envoy to India discusses future collaborations with Gautam Adani
New Delhi: Australia’s High Commissioner to India, Philip Green, on Friday said he met Adani Group’s Founder and Chairman, Gautam Adani, and had a detailed discussion that not only focused on existing…
-
Bank Nifty edges higher on robust credit growth
Mumbai: Although the RBI policy meeting unfolded as anticipated on Friday, concerns over food inflation and warnings of a heat wave tempered the sentiment, said Vinod Nair, Head of Research at Geojit…
-
LG Electronics reports 11 pc decline in Q1 profit as costs rise
Seoul: LG Electronics said on Friday that its operating profit for the first quarter of this year fell more than 10 per cent from a year earlier, due to rising costs and…
-
3 in 4 feature phone users in India consider switching to smartphones: Study
New Delhi: While feature phones remain a lifeline for many people in India, about three in four users have expressed interest in switching to smartphones, a new study revealed on Friday. According…
-
Krafton India CEO appointed Vice President of Indian Digital Gaming Society
New Delhi: The Indian Digital Gaming Society (IDGS), a non-profit organisation, on Friday said that it appointed BGMI developer Krafton India CEO Sean Hyunil Sohn as its Vice President (VP). As VP,…
-
Rupee falls 6 paise to 83.45 against US dollar in early trade
Mumbai: The rupee depreciated 6 paise to 83.45 against the US dollar in early trade on Friday, as market participants remained cautious ahead of the announcement of the Reserve Bank of India’s…
-
Markets fall in early trade ahead of RBI policy announcement; Sensex tumble nearly 200 points
Mumbai: Benchmark equity indices Sensex and Nifty retreated from their record peaks and traded lower in early trade on Friday as investors turned cautious ahead of RBI’s interest rate decision, amid muted…
-
Income Tax Dept throws open e-portal for filing ITRs
New Delhi: Central Board of Direct Taxes (CBDT) on Thursday said that has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24)…
-
Centre Court Capital launches Rs 350 cr gaming, sports tech fund
New Delhi: Venture capital (VC) firm Centre Court Capital (CCC) on Thursday launched a Rs 350 crore fund to revolutionise the country’s sports and gaming landscape. According to the company, the fund…
-
Markets rebound in early trade; Sensex, Nifty hit fresh peaks
Mumbai: Benchmark equity indices rebounded after two consecutive days of fall on Thursday with Sensex and Nifty touching their all-time high levels as investors rushed to value-buying in bellwether stocks ahead of…
-
Tesla to search for sites in India to set up $2-3 billion EV plant: Report
New Delhi: After the Prime Minister Narendra Modi-led government approved a new electric vehicle (EV) policy to attract investments in the EV space by global manufacturers, Tesla is reportedly sending a team…
-
Rupee falls 11 paise against US dollar
Mumbai: The rupee depreciated 11 paise to close at 83.53 against the US dollar on Wednesday, as persistent foreign capital outflows and risk-averse sentiment among investors weighed on the local unit. A…
-
Govt allows additional 10,000 tonnes of onion exports to UAE
New Delhi: The government has allowed the export of an additional 10,000 tonnes of onion to the UAE, through the National Cooperative Exports Ltd (NCEL), as a friendly gesture at a time…
