Business
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ThoughtSpot acquires Mode Analytics for $200 mn, expands India footprint
New Delhi: AI-driven analytics company ThoughtSpot on Tuesday said it has acquired business intelligence (BI) platform Mode Analytics in a cash and equity deal valued at $200 million. With the acquisition, 31…
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J Swaminathan takes charge as RBI Deputy Governor
New Delhi: Top banker J. Swaminathan on Monday took charge as the Deputy Governor of Reserve Bank of India (RBI). The government on June 21 had appointed him to the post of…
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Govt approves investment proposals worth Rs 56,000 crore in 16 states for 2023-24
New Delhi: Government has approved capital investment proposals worth Rs 56,415 crore in 16 states in the current financial year. Approval has been given under the scheme entitled ‘special assistance to states…
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Lulu Group to invest Rs 3,500 cr investments in Telangana
Hyderabad: UAE-based Lulu Group will be investing about Rs 3,500 crore in investments in Telangana in the next five years in various projects including a Destination Shopping Malls (Rs 3,000 crore) here and…
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India is investment destination of the decade
New Delhi: With longstanding trends of solid economic growth, young demographics, urbanisation and the rise of an aspirational middle class, India stands out as one big shining star in the global economy,…
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Honda recalls over 1 mn vehicles amid rearview camera issues
San Francisco: Automobile company Honda has issued a recall notice for roughly 1.2 million vehicles in the US because the rearview camera image may fail to display on the dashboard screen. Certain…
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Crypto exchange Binance ordered to halt services in Belgium
San Francisco: Leading blockchain and cryptocurrency platform Binance has been ordered by Belgium’s Financial Services and Markets Authority (FSMA) to cease immediately all offers of virtual currency services in the country. The…
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NIFTY falls short of intraday lifetime high by a whisker, correction to follow
Markets were on a roll last week making new records but somehow towards the end of the week, they lost momentum. They gained on two of the five sessions, losing on the…
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Hyundai may join Tesla’s EV charging network
Seoul: Automaker Hyundai is reportedly planning to invest $28 billion over the next decade to accelerate its electrification efforts and is considering adopting Elon Musk-run Tesla’s charging network for all future electric…
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Toyota to use AI to design future vehicles
Tokyo: Japanese automotive giant Toyota has started to research AI-based car design using the generative artificial intelligence technique developed by the Toyota Research Institute (TRI). The company said that designers can leverage…
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WhatsApp rolling out new icons for communities & groups on Android beta
San Francisco: Meta-owned messaging platform WhatsApp is rolling out new icons for communities and their linked groups, on Android beta. Earlier, the icon for the community appeared with rounded edges, to make…