Business
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Sensex up more than 700 points
New Delhi: The BSE Sensex on Thursday climbed 743.95 points or 1.03 per cent to 72,845.64 in early trade. NTPC, IndusInd Bank are top gainers – up by 3 per cent. The…
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Rupee rebounds 14 paise to 83.05 against dollar as US Fed indicates 3 rate cuts
Mumbai: The rupee rebounded 14 paise to 83.05 against the US currency in early trade on Thursday as the dollar retreated from high levels in global markets after the US Federal Reserve…
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Oil and gas shares gain as crude oil surges to 5 month high
New Delhi: Siddhartha Khemka, Head Retail Research, Motilal Oswal Financial Services on Wednesday said that the markets are expected to remain in consolidation mode and will keenly track the US Fed commentary…
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DST-funded incubator to focus on wearable, assistive technologies
New Delhi: The Salem-based Sona Incubation Foundation (SIF) is set to focus on nurturing startups focused on wearable and assistive technologies, the institution said on Wednesday. SIF is part of the Department…
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‘Pure veg mode’ fleet will also wear colour red: Zomato CEO
New Delhi: Facing flak over his decision to launch a ‘pure veg mode,’ Zomato Co-founder and CEO Deepinder Goyal on Wednesday said the company has decided to remove the on-ground segregation of…
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5G data consumption 4 times faster than 4G in India: Report
New Delhi: 5G users in India are using approximately 3.6 times as much mobile data traffic compared to 4G since its launch in October 2022 by Prime Minister Narendra Modi, a report…
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No notice from US Department of Justice: Adani Group
New Delhi: After a JP Morgan report stated that the scope for bribery looks “highly unlikely” for the Adani Group given the high level of transparency involved in renewable energy sector in…
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Rupee edges up 1 paisa to 83.02 against US dollar in early trade
Mumbai: The rupee edged up 1 paisa to 83.02 against the US dollar on Wednesday ahead of the announcement of the key US Fed policy decision later in the day. At the…
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Net direct tax collections for FY 2023-24 grow at over 19.88 p.c.
New Delhi: The provisional figures of direct tax collections for the Financial Year 2023-24 as on March 17, 2024, show that net collections were at Rs 18,90,259 crore as compared to Rs…
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Satya Nadella welcomes Mustafa Suleyman as CEO of Microsoft AI
New Delhi: Microsoft Chairman and CEO Satya Nadella on Tuesday welcomed Mustafa Suleyman as CEO of the company’s artificial intelligence (AI) venture. As CEO of Microsoft AI, Suleyman will lead consumer AI…
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India’s direct tax collections jump 20% to cross Rs 18. 9 lakh cr in 2023-24
New Delhi: The country’s Direct Tax collections for the current financial year, ending on March 31, 2024 have shot up by 19,88 per cent to Rs 18,90,259 crore compared to Rs 15,76,776…
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Unilever to spin off ice cream business, eliminate 7,500 jobs
New Delhi: Unilever, the parent company of Hindustan Unilever, on Tuesday announced to separate its ice cream unit into a standalone business, in a restructuring exercise that will result in nearly 7,500…
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Indian workers with AI skills could see pay hikes of over 54 pc: Report
New Delhi: When artificial intelligence (AI) is fully harnessed, Indian workers with AI skills and expertise could see salary hikes of more than 54 per cent, with workers in IT (65 per…
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Indian SaaS startups poised to create 100 new AI unicorns: Report
Bengaluru: Indian AI software-as-a-service (SaaS) startups are poised for the next wave of innovation, helping create 100 new AI unicorns, a new report showed on Tuesday. The convergence of SaaS, AI and…
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Lenovo launches new lineup of gaming laptops with AI features in India
New Delhi: Global technology brand Lenovo on Tuesday launched the new lineup of Legion gaming laptops in India, with Artificial Intelligence (AI) and next-gen features. The new lineup includes — Legion Pro…
