Business
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Gadkari vows to eliminate petrol, diesel vehicles in India
Nagpur: As part of his ambition to make India a green economy, Union minister Nitin Gadkari wants to slash GST on hybrid vehicles and has vowed to rid the country entirely of…
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Coal India likely to report output of 773.7 MT in FY’24
Kolkata: Coal India Ltd is likely to report production of around 773.7 million tonnes (MT) for the 2023-24 fiscal, which will be close to a 10-per cent growth over last year, company…
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Financial changes to impact credit/debit card users from April 1
With the new financial year beginning from April 1, several important changes in money-related regulations have been introduced, which can have an impact on people in the manner in which they spend…
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Samsung, employees agree to 5.1 pc pay raise for 2024
Seoul: Samsung’s management and its workers agreed to an average 5.1 per cent pay raise for the year, sources said on Friday. The world’s largest memory chip and smartphone maker reached an…
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Byju’s EGM on rights issue ends sans objections, dissenting investors skip meet
New Delhi: Embattled edtech company Byju’s on Friday held its extraordinary general meeting (EGM) called by the board of directors to raise the capital via the rights issue without any hassles. The…
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AI chatbot ‘Grok 2’ now in training, will exceed all expectations: Elon Musk
New Delhi: Tesla and SpaceX CEO Elon Musk on Friday said that AI chatbot ‘Grok 2’ is now in training and will exceed all expectations when it is finally released for the…
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FTX CEO Sam Bankman-Fried sentenced to 25 years in prison
San Francisco: Sam Bankman-Fried, the co-founder and CEO of collapsed crypto exchange FTX, was on Thursday sentenced to 25 years in prison in the US for seven counts of conspiracy and fraud…
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Rupee falls 6 paise to 83.39 against US dollar
Mumbai: The rupee depreciated 6 paise to settle at 83.39 against the US dollar on Thursday due to a strengthening greenback against major rivals overseas and rising crude oil prices in the…
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Facility to exchange, deposit Rs 2000 notes not available on Apr 1: RBI
Mumbai: The facility to exchange or deposit Rs 2,000 banknotes will not be available on Monday, April 1, 2024 due to operations associated with the annual closing of accounts, the Reserve Bank…
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ShareChat secures nearly $49 million from key investors: Report
New Delhi: Social media platform ShareChat has raised $48.8 million via convertible debentures from its existing investors that include Temasek and Lightspeed. Startup news website Inc42 reported on Wednesday, citing the startup’s…
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Kia unveils K4 compact sedan in US ahead of launch
Seoul: Kia, South Korea’s second-biggest carmaker by sales, said on Thursday that it has unveiled the K4 compact sedan at the New York auto show as it plans to launch the vehicle…
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Only 4 pc of Indian firms are ‘mature’ to tackle modern cyber attacks: Report
New Delhi: Only 4 per cent of organisations in India have the “mature” level of readiness needed to be resilient against modern cybersecurity risks, a new report showed on Thursday. Readiness is…
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New AI tool can predict fatal heart rhythm with 80 pc accuracy
London: British researchers have developed a novel artificial intelligence (AI) tool that can predict a person’s risk of a lethal heart rhythm with 80 per cent accuracy. Ventricular arrhythmia (VA) is a…
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Smart TV shipments drop 16 pc as premium TVs drive growth in India: Report
India’s smart TV shipments declined 16% YoY in 2023, according to the latest research from Counterpoint’s IoT Service. The decline was attributed to a slow start in the first half of the…
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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…