Business
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NXP Semiconductors unveils industry-first platform for software-defined vehicles
New Delhi: NXP Semiconductors on Thursday said it has broken through the integration barriers for next-generation software-defined vehicle (SDV) development with the introduction of a new platform. The new industry-first vehicle software…
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NCLT refuses to defer Byju’s EGM to raise capital via rights issue
New Delhi: In a breather for embattled edtech company Byju’s, the National Company Law Tribunal (NCLT) on Thursday refused to stay the extraordinary general meeting (EGM) called by the board of directors…
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Market extend winning momentum for 2nd day
Mumbai: Benchmark equity indices climbed in early trade on Thursday, extending their previous day’s rally, on foreign fund inflows and positive trend in the US markets. The 30-share BSE Sensex climbed 342.48…
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Rupee turns flat at 83.33 against US dollar in early trade
Mumbai: The rupee turned flat at 83.33 against the US dollar in early trade on Thursday amid a strong American currency and higher crude oil prices. Forex traders said the positive equity…
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X users with 2,500 verified subscriber followers to get Premium service for free
New Delhi: Billionaire Elon Musk on Thursday said that X users who have 2,500 verified subscriber followers will get Premium features for free. The Tesla and SpaceX CEO also mentioned that those…
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7 in 10 Indian B2B sellers using AI to surpass their targets: Report
New Delhi: More than seven in 10 (73 per cent) of business-to-business (B2B) sellers in India who exceed their targets are using artificial intelligence (AI), a new report said on Wednesday. The…
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India’s data centre capacity to double in 3 years: Report
New Delhi: India’s data centre capacity is likely to double in three years, from nearly 0.9 gigawatts (GW) in 2023 to 2 GW in 2026, a report said on Wednesday. This additional…
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Sensex gains more than 500 points amid bullish undertone
New Delhi: Market is likely to continue in the consolidation mode for a couple of days more and then take a new directional trend starting April, says V K Vijayakumar, Chief Investment…
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Rupee trades in narrow range against US dollar in early trade
Mumbai: The rupee was trading in a narrow range against the US dollar in early trade on Wednesday, as the support from positive domestic equities was negated by strong American currency. Forex…
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Sensex, Nifty rebound in early trade led by Reliance Industries
Mumbai: Benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesday supported by buying in index majors Reliance Industries and Maruti. The 30-share BSE Sensex climbed 270.18 points to 72,740.48…
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Consumer commission imposes Rs 35,000 fine on Amazon, retailer
New Delhi: Observing that Amazon does not have an appropriate grievance redressal mechanism and has “one-sided oppressive” sale terms, a consumer commission here has imposed a fine of Rs 35,000 on the…
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RFL PMLA case: ED attaches Rs 124-cr worth assets
New Delhi: The Enforcement Directorate on Tuesday said it has attached assets worth more than Rs 124 crore belonging to various companies as part of a money laundering investigation against Religare Finvest…
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Sensex, Nifty drop on foreign fund outflows, weak US markets
Mumbai: Benchmark equity indices Sensex and Nifty declined on Tuesday due to losses in index major Reliance Industries and HDFC Bank amid sustained foreign fund outflows and mixed global trends. The 30-share BSE…
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Indian tech startups receive $1.6 bn in funding in Q1 2024; retail, fintech lead
New Delhi: The Indian tech startup ecosystem received $1.6 billion in total funding in the first quarter this year (till March 15), becoming the fourth-highest nation globally in terms of funding raised…
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63 pc of Indian enterprises believe Gen AI is important for sustainability efforts: Study
Bengaluru: About 63 per cent of Indian enterprises believe that generative AI will be important for their efforts towards sustainability, according to a new study on Tuesday. The global study conducted by…
