Business
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AI shows potential to help with chronic care & weight loss: Report
New Delhi: Artificial intelligence (AI) technology, which ushered in personalised healthcare, has the potential to greatly enhance patient outcomes and promote preventive actions, according to a report on Tuesday. AI has emerged…
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Tesla removes Disney+ from vehicles amid Musk-Iger rivalry: Report
San Francisco: Tesla has removed Disney+ from some of its vehicles amid Elon Musk having an online fight with Disney CEO Bob Iger, the media reported. Last week, Tesla informed Disney+ that…
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EU opens formal probe into Musk’s X in wake of Israel-Hamas war
London: The European Commission on Monday opened formal proceedings to assess whether Elon Musk’s X may have breached the Digital Services Act (DSA) in areas linked to risk management, content moderation, dark…
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Global passenger battery EV sales to reach 10 mn units in 2023
New Delhi: The global passenger battery electric vehicle (BEV) unit sales increased by 29 per cent (year-on-year) in the third quarter this year, a report showed on Monday, adding that annual BEV…
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IBM to acquire 2 data integration platforms from Software AG for $2.3 bn
San Francisco: Tech major IBM on Monday announced to acquire two data integration assets from Germany-based enterprise software company Software AG for 2.13 billion euros ($2.3 billion). IBM entered into a definitive…
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Telecom Bill drops OTT reference, mandates biometric identification for new SIM cards
New Delhi: The Telecommunications Bill 2023 has excluded over the top (OTT) services in its definition of telecom services which comes as a sigh of relief for such players. The new version…
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MediaTek, Nvidia join hands to power AI-led next-gen vehicles
New Delhi: Chip making giant MediaTek on Monday said that it has partnered with chip maker Nvidia to provide a global one-stop shop for the automotive industry, designing the next-gen of intelligent,…
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Blue Planet receives $35 mn IFU funding to boost key operations in India
New Delhi: Blue Planet Environmental Solutions, a sustainable waste management company with operations in India, South-East Asia and the UK, on Monday said it has received $35 million investment from The Investment…
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FIIs turn big buyers with Rs 20,000 cr of stocks in two weeks
New Delhi: FIIs, who have made a ‘U’ turn in their strategy, have turned big buyers having invested around Rs 20,000 crore, including bulk purchase, in the last two weeks, says V…
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Zee asks Sony to extend deadline for merger
New Delhi: Zee Entertainment has asked Culver Max Entertainment, formerly known as Sony Pictures Network India, to extend the date required to make the merger scheme effective. The deadline for the merger…
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Markets expected to consolidate due to elevated valuations
New Delhi: Geojit Financial Services Head of Research Vinod Nair has said a near-term consolidation in the market is expected due to elevated valuations, concerns over El Nino, and a slowdown in…
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Hyundai Motor joins UAE’s sovereign wealth fund for eco-friendly mobility
Seoul: Hyundai Motor, South Korea’s top carmaker, said on Sunday it will join hands with the United Arab Emirates’ sovereign wealth fund as part of efforts to strengthen its presence in the…
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Adani group granted Dharavi project via fair Bidding
Mumbai: The Dharavi project was awarded to the Adani Group through a fair, open and internationally competitive bidding process, the spokesperson of Dharavi Redevelopment Project Pvt Ltd (DRPPL) said in a statement.…