Business

57% Indian consumers prefer AI-enabled tools over human interactions: Report

New Delhi: In the rapidly growing landscape of consumer preferences, about 57 per cent of Indian consumers said they would choose an artificial intelligence (AI)-enabled tool or service over human interaction, far…
Robotic surgery devices market to hit $10 bn in 2024: Report

New Delhi: Robotic surgery and devices is expected to experience unprecedented growth in 2024, driven by a surge in demand for minimally invasive procedures and advancements in robotic technologies, according to a…

Meta expands Instagram’s creator marketplace to new markets, including India

New Delhi: Meta (formerly Facebook) on Thursday said that it is expanding Instagram’s creator marketplace to eight new markets, including India, to help more brands and creators work together on partnerships. The…
SBI approves Rs 110 crore loan to AMSL for new project in Telangana

New Delhi: Infrastructure solutions provider AMSL on Thursday said SBI has sanctioned a loan of Rs 110 crore for the company’s new project in Hyderabad. On Tuesday, Apollo Micro Systems Ltd (AMSL)…
India’s market capitalisation will likely touch $10 trillion by 2030

New Delhi: India’s market cap is currently the 5th largest globally (US $4.5 trillion) but its weight in global indices is still low at 1.6% (10th rank), foreign brokerage, Jefferies said in…
Sensex, Nifty witness volatile trends in early trade

Mumbai: Equity benchmark indices Sensex and Nifty witnessed a volatile movement in early trade on Thursday, amid mixed trends in the global markets. After opening on a sluggish note, Sensex turned positive…
Byju’s rights issue to raise $200 mn fully subscribed

New Delhi: Edtech firm Byju’s rights issue to raise $200 million at a 99 per cent valuation cut has been fully subscribed. In a shareholders’ letter accessed by IANS, founder and CEO…

DPIs like UPI, Aadhaar to propel India towards $8 trillion economy by 2030

New Delhi: Digital Public Infrastructure (DPIs) like Unified Payments Interface (UPI) and Aadhaar are poised to propel India towards a $8 trillion economy by 2030, helping the country achieve a $1 trillion…
India to lead global chip value chain with friendly govt policies: US report

New Delhi: Global competition for chip investment is fierce and India is set to expand its role in the semiconductor value chain with supportive government policies, a pilot visa programme and an…
Salaries in India to increase by 9.5% in 2024; infra, manufacturing sectors lead

New Delhi: Salaries in India are expected to increase by 9.5 per cent this year as industries such as infrastructure and manufacturing continue to project robust growth, a report showed on Wednesday.…
Apple grabs top 7 spots in 10 best-selling smartphones globally

New Delhi: Apple has captured top seven positions in the global list of 10 best-selling smartphones in 2023 for the first time, a report showed on Wednesday, as India became the fifth…
‘Money mule’ bank accounts on the rise in India: Report

New Delhi: Banks in India need to bolster their fraud defences as the number of mule accounts surge and third-party account takeover fraud (55 per cent of all frauds in the country)…
Microsoft to expand AI, cloud infrastructure in Spain, invest $2.1 bn in next 2 yrs

New Delhi: Microsoft’s Vice Chair and President Brad Smith has announced that the company will expand its artificial intelligence (AI) and cloud infrastructure in Spain via an investment of $2.1 billion in…
Wage negotiations at Samsung break down, union plans strike

Seoul: Wage negotiations between management and a labour union at Samsung Electronics broke down, industry sources said on Tuesday, leading the union to start the process to go on strike. The tech…
Dell launches 2 new Alienware gaming monitors in India

New Delhi: Dell Technologies on Tuesday launched two new Alienware QD-OLED gaming monitors in India, which were first unveiled at CES 2024. The new gaming monitors — Alienware 32 4K QD-OLED (AW3225QF)…