Business
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Centre begins auction for telecom spectrum worth Rs 96,238 crore
New Delhi: The Centre on Tuesday announced it has begun the auction of spectrum worth Rs 96,238.45 crore for telecom services. The total quantum of spectrum being auctioned is 10,522.35 MHz in…
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TRAI tells mobile firms to enhance apps, web portals to curb spam messages
New Delhi: In a bid to curb spam calls and messages, the government has issued fresh directions to mobile services providers. The Telecom Regulatory Authority of India (TRAI) has mandated mobile services…
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JSW Steel USA to invest $110 million to expand renewable energy biz
Mumbai: JSW Steel USA, a subsidiary of India’s leading steel company, on Tuesday said it plans to invest $110 million in steel projects in the state of Texas. The company said this…
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AI health startup Cloudphysician raises $10.5 million
New Delhi: Artificial intelligence (AI) health startup Cloudphysician on Tuesday said that it raised $10.5 million in a Series A funding round led by Peak XV Partners, with participation from Elevar Equity…
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Sensex jumps 212 points on positive global cues
Mumbai: Indian equity indices opened in the green on Tuesday following positive cues from Asian peers. At 9:55 a.m., Sensex was up 212 points or 0.27 per cent, at 77,553 and Nifty…
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India’s large format printer market rose 2.7 pc in Q1: Report
New Delhi: A total of 3,422 units of large format printers were shipped in the first quarter (Q1) of 2024 for India, with an annual growth of 2.7 per cent and a…
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New AI model to help prevent power outages
New Delhi: A team of US researchers has developed an artificial intelligence (AI) model that could help electrical grids prevent power outages by automatically rerouting electricity in milliseconds. The automated system, published…
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Sony Pictures Networks India appoints Gaurav Banerjee as MD and CEO
Mumbai: Sony Pictures Networks India (SPNI) on Monday announced the appointment of Gaurav Banerjee as the new Managing Director and Chief Executive Officer (CEO), effective on or before August 26 pending regulatory…
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Razorpay to offer international payments to Indian freelancers via export account
New Delhi: Fintech major Razorpay on Monday announced the expansion of its ‘MoneySaver Export Account’ to offer international payments for Indian freelancers. This feature will now enable freelancers to open a ‘Smart…
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World is witnessing the rise of India, this is India’s moment: Adani
Ahmedabad: Amid the geopolitical tensions and uncertainties that are straining global relationships, the world is witnessing the rise of India and this is India’s moment, Gautam Adani, the Chairman of the Adani…
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Sensex, Nifty trade lower, IndusInd Bank and Tata Steel top losers
Mumbai: India equity benchmarks opened in red on Monday as heavyweights like IndusInd bank, Tata Steel, SBI, and JSW Steel are top losers. At 9:41 am, Sensex was down 430 points or…
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Groww investor claims fraud, trading app says resolved the issue
New Delhi: Popular trading platform Groww came under heavy backlash on social media over the weekend after a customer alleged that her sister faced fraud after investing via the financial services platform.…
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Markets look tired but expiry could change things
New Delhi: Markets were open for four trading sessions in the previous week as there was a trading holiday on Monday. They were a little volatile but managed to close with small…
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India electronics component manufacturing to hit $240 bn by 2030
New Delhi: As the government doubles down on making India a global manufacturing hub, the demand for electronics components and sub-assemblies is likely to scale to $240 billion by 2030, paving the…
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Centre wants to levy GST on petrol, diesel; states have to decide rate: FM
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the intention of the central government has always been to bring petrol and diesel under GST, and it is now up to the…
