Business
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Adani ‘Green Talks’ supports 5 social impact startups
Ahmedabad: The Adani Group, India’s fastest growing portfolio, held the third edition of ‘Green Talks’ here on Friday. The founders of five startups presented their ideas at the event that aims to…
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India’s forex reserves rise to 4-month high of $606.9bn
Mumbai: India’s foreign exchange reserves rose by $2.816 billion to hit a four-month high of $606.859 billion during the week ended December 8, according to RBI data released on Friday. The increase…
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E-com player Temu sues Shein for ‘Mafia-style’ intimidation of merchants
San Francisco: Growing e-commerce marketplace Temu has sued its rival Shein, alleging that the online shopping giant is using “Mafia-style” intimidation tactics on merchants. In the lawsuit filed in the US, Temu…
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Samsung introduces new PC series ‘Galaxy Book4’ powered by AI
New Delhi: Samsung on Friday introduced its new PC series “Galaxy Book4” powered by artificial intelligence (AI), which includes — Book4 Ultra, Book4 Pro and Book4 Pro 360. The latest series will…
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Hero MotoCorp acquires extra 3% stake in Ather Energy for Rs 140 cr
New Delhi: Hero MotoCorp has acquired an additional 3 per cent stake in electric vehicle manufacturer Ather Energy for nearly Rs 140 crore. Hero MotoCorp made the investment through the purchase of…
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E-commerce & fintech firm Bolt lays off 29% of staff
San Francisco: US-based e-commerce and fintech company Bolt has confirmed it laid off 29 per cent of its staff. According to a Bolt spokesperson, the company made the cuts to get Bolt…
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Adani Group to invest Rs 8,700 crore in Bihar
Patna: The Adani Group will invest Rs 8,700 crore in Bihar, a senior official of the company said during the Bihar Business Connect-2023, a two-day global investors summit that concluded on Thursday.…
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Lenovo invests $1bn to boost AI infrastructure solutions
New Delhi: Consumer electronics major Lenovo on Thursday announced that it has invested $1 billion to accelerate artificial intelligence (AI) infrastructure solutions and launched new hybrid cloud platforms and services. Lenovo unveiled…
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WPI inflation spikes to 8-month high of 0.26 pc in Nov on costlier veggies, onion
New Delhi: Wholesale price-based inflation rose to an eight-month high of 0.26 per cent in November, driven by a sharp jump in food prices, especially onion and vegetables. The WPI inflation was…
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Narayana Murthy’s new deepfake video promises people can earn Rs 2.5L in 1 day
New Delhi: Infosys founder Narayana Murthy’s two new deepfake videos, which are being shared on social media, purportedly promoting a so-called investing platform “Quantum AI”, claiming that the user of this new…
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Sensex zooms past 70k after US Fed’s dovish message
New Delhi: The clear dovish message from the US Federal Reserve has set the stage for a smart Santa Claus rally in the coming days, and this can even trigger a pre-election…
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Apple will need court order from govts to give phone push notifications
San Francisco: Apple will now require law enforcement agencies to obtain a court order before it hands over details of customers’ push notifications. Apple has updated its guidelines for law enforcement agencies,…
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Foxconn gets approval to invest $1 bn more in Apple India plant: Report
New Delhi: Taiwanese contract manufacturer Foxconn has received approval to invest at least $1 billion more in a plant in India that will manufacture Apple products, a significant step towards its aim…
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42% Indian firms aim to spend over Rs 50cr on AI initiatives in FY25: Report
New Delhi: As Indian enterprises are substantially increasing their investments in artificial intelligence (AI), a new report on Wednesday said that about 42 per cent of enterprises plan to spend more than…
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Zerodha CEO Nithin Kamath shares own deepfake video, warns about AI threats
New Delhi: Zerodha Co-founder and CEO Nithin Kamath on Wednesday posted a video showing his own deepfake which was convincing enough to fool users into believing it was Kamath himself. He said…
