Business
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Adani Energy Solutions raises USD 1 bn in share sale, first since Hindenburg
New Delhi: Billionaire Gautam Adani-led group’s power transmission unit has raised USD 1 billion through a share sale, the first public equity raise by the conglomerate since a damning Hindenburg report, which…
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SEBI launches India’s 1st website for passive funds at NSE, unveils report on capital markets
Mumbai: The Securities and Exchange Board of India (SEBI) on Tuesday launched India’s first website for passive funds at the National Stock Exchange (NSE), along with unveiling a comprehensive report on the…
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Allegations by MapMyIndia false, misleading: Ola Electric
New Delhi: Ola Electric on Monday said that allegations made by CE Info Systems Ltd, the parent company of MapMyIndia, in a legal notice against the EV firm are false and misleading.…
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India-made telecom equipment now being exported to more than 100 nations
New Delhi: Designed and manufactured in India, telecom equipment is now being exported to over 100 countries, the Centre has informed. Last year, the country exported telecom equipment and services worth more…
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AI & robotics firms dominate office space absorption in Bengaluru in Q2: Report
Bengaluru: Rapid global advancement in artificial intelligence has spurred demand for office space, and AI and robotics companies accounted for 21 percent of the city’s absorption in the April-June quarter, a report…
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India fastest-growing market, offers huge opportunity for us: Top Samsung executive
New Delhi: Signalling the growing importance of India for the South Korean giant, Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the Device Experience (DX) Division at Samsung Electronics, said on…
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Indian spacetech startups witness record-breaking funding amid govt push
Bengaluru: India’s spacetech sector witnessed record-breaking funding of $126 million in 2023 — a 7 per cent increase from the $118 million raised in 2022 and a whopping 235 per cent increase…
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Took responsible approach to train our AI models: Apple
San Francisco: Tech giant Apple has responded to certain allegations regarding its AI models, saying it takes precautions at every stage — including design, model training, feature development, and quality evaluation —…
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‘Excited for future collaborations’: Adani after meeting FedEx CEO
New Delhi: Gautam Adani, Chairman of the Adani Group, on Monday had an “insightful meeting” with FedEx CEO Rajesh Subramaniam, adding that he is “excited” about future collaborations with the global logistics…
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India is leading global digital revolution: RBI report
Mumbai: India is leading the global digital revolution, emerging as a frontrunner on the back of its robust digital public infrastructure, a vibrant financial technology (FinTech) ecosystem, and a conducive policy environment…
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Media major NDTV clocks robust revenue growth at 34 pc in Q1 FY25
New Delhi: Leading news network NDTV on Monday reported a significant revenue surge at 34 per cent (year-on-year) in the April-June quarter, outpacing the performance of the previous year’s first quarter by…
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UltraTech to acquire India Cements; buy 32.72 pc promoters’ stake for Rs 3,954 cr
New Delhi: Aditya Birla Group flagship company UltraTech Cement will acquire a 32.72 per cent stake in India Cements from promoters and their associates in a Rs 3,954 deal to expand its…
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Market Outlook: Q1 results, PMI data, Fed meeting key factors for next week
Mumbai: Indian equity indices witnessed a stellar rally last week. This is the eighth consecutive week when frontline indices posted gains as positive sentiment due to the robust budget which was presented…
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Gen X emulates millennials’, Gen Z’s spending on travel, F&B and services
New Delhi: An increasing number of Gen X customers, those in the age group of 41-60 years, are spending more online on travel, food and beverages (F&B) and services categories like millennials’…
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India now home to more than 1.4 lakh startups: Union Minister
New Delhi: India now has more than 1.4 lakh startups, as the government continues to nurture innovation and encourage investments in the ecosystem, Union Minister of State for Commerce and Industry, Jitin…
