Business
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Global EV battery market to grow fivefold to $616 bn in 2035
Seoul: The global electric vehicle (EV) battery market is forecast to post rapid growth to $616 billion in 2035, a market tracker said on Wednesday, with the China-based production likely to sharply…
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Homegrown VC firm BoldCap unveils $25 mn early stage fund
New Delhi: Homegrown VC firm BoldCap on Wednesday announced its second fund with a fresh capital of $25 million, to be invested in 15-20 early-stage startups over the next 24-36 months. Chennai-based…
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Global IT spending continues to decline for 5th consecutive month
New Delhi: The global IT spending will continue to slow down by 4.4 per cent to $3.25 trillion for the fifth consecutive month, as technology investments continue to show the impact of…
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Global PC market in the doldrums, notebooks suffer largest 34% decline
New Delhi: Notebook shipments suffered a large decline in the first quarter of 2023, falling 34 per cent year-on-year to 41.8 million units, as the first three months of this year brought…
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HARMAN expands India footprint, to hire 200 people this year
New Delhi: HARMAN, a subsidiary of Samsung Electronics, focussed on designing consumer experiences at automotive grade, on Tuesday announced its expansion plans in India by opening a new Automotive Engineering Centre. This…
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Gautam Adani says USD 2.6 bn stake sale money came in group firms
New Delhi: Billionaire Gautam Adani’s group on Monday listed out details of the USD 2.87 billion stake sales in group firms since 2019 and how USD 2.55 billion of this was ploughed…
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73% of workers want to know about internal growth opportunities: Report
New Delhi: About 73 percent of employees want to know about career opportunities inside their organisation, and employees, who are provided with access to self-service technology for career mobility exploration, are half…
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Adani Total, Torrent Gas reduce CNG, PNG price after Centre revises pricing guidelines
Ahmedabad: In a respite to lakhs of domestic gas and CNG vehicle owners, Adani Total Gas Ltd and Torrent Gas reduced CNG and PNG prices following the Centre’s decision to revise the…
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India surpasses Rs 85,000 cr worth mobile phone exports in FY23
New Delhi: The government’s push towards local manufacturing of consumer electronics items has helped India cross record more than Rs 85,000 crore in mobile exports in the fiscal year ending March 31,…
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Global economy heading for weakest period of growth since 1990: IMF chief
Washington: The global economy is heading for the weakest period of growth since 1990 as higher interest rates set by the world’s top central banks drive up borrowing costs for households and…
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China: FM hits back at Cong, says Nehru had washed his hands off north-east
Bengaluru: Union Finance Minister Nirmala Sitharaman on Thursday hit back at the Congress questioning Prime Minister Narendra Modi’s “silence” on Chinese actions on the border, saying the country’s first PM Jawaharlal Nehru…
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Apple Store Online launches dedicated support for SMEs in India
New Delhi: The Apple Store Online has launched a dedicated support team for the small and medium enterprises (SMEs) in India. According to the company, it will provide a dedicated business contact…
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India records 1.4 times more sales of Galaxy S23 series than predecessor: Samsung
New Delhi: India recorded a 1.4 times more sales of the newly-launched Samsung Galaxy S23 series compared to its predecessor S22 series last year, the company said on Thursday. Galaxy S23 Ultra…
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Quick commerce platform Dunzo lays off 30% of its workforce
New Delhi: Homegrown quick-grocery delivery provider Dunzo has laid off at least 30 per cent of its workforce, nearly 300 employees, after it raised $75 million in a fresh funding round. According…
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UPI emerges as 2nd most popular mode to repay digital loans: Report
New Delhi: Unified Payments Interface (UPI) emerged as the second most preferred repayment method for digital loans, while SIP (Systematic Investment Plan) is the most popular investment option for millennials, a new…
