Business
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HP launches new Pavilion Plus laptops for young Indian users
New Delhi: PC and printer major HP on Wednesday introduced its latest Pavilion Plus notebooks with top-notch features in India for the young consumers. The HP Pavilion Plus 16 laptop is available…
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Foxconn will build AI factories with Nvidia chips, software
Taipei: Graphics giant Nvidia has announced a collaboration with Hon Hai Technology Group (Foxconn) to accelerate the AI industrial revolution with the creation of AI factories. Foxconn will integrate Nvidia technology to…
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US-based Invesco raises Swiggy’s valuation to USD 7.8 billion
New Delhi: In some cheers for Swiggy that is facing tough competition from Zomato, US-based investment company Invesco has increased the food delivery platform’s valuation to about $7.85 billion, the media reported…
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Perfios makes 62 employees millionaires after ESOP buyback worth Rs 154 cr
Bengaluru: B2B SaaS fintech company Perfios on Tuesday announced an ESOP buyback of equity shares worth Rs 154 crore from its 135 employees, making 62 staff members millionaires. Among the beneficiaries of…
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Rolls-Royce plans to sack 2,500 staffers in cost-cutting drive
New Delhi: Global engineering giant Rolls-Royce has announced plans to sack as many as 2,500 jobs globally as part of a drastic cost-cutting exercise. Tufan Erginbilgiç, a former BP executive, took over…
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Unicommerce eyes expansion into tier 2, 3 cities to empower more sellers: CEO
New Delhi: Ecommerce enablement software-as-a-service (SaaS) platform Unicommerce’s CEO Kapil Makhija said on Tuesday that the company is planning to expand deeper into tier 2 and 3 cities and enable more sellers…
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Dubai: Driverless, AI-powered police patrol cars unveiled at GITEX
Abu Dhabi: A self-driving patrol and AI (artificial intelligence)-powered patrol cars have been unveiled in the five-day GITEX Global 2023, which commenced in Dubai World Trade Centre on Monday, October 16. Under…
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Delhi court extends ED custody of Vivo executives, Lava chief in PMLA case
New Delhi: A Delhi court on Monday extended, by two days, the ED custody of accused persons in connection with a money laundering case related to Chinese smartphone-maker Vivo. Additional Sessions Judge…
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Tata Power Renewable Energy to set up 12.5 MW captive solar plant in Maha
New Delhi: Tata Power Renewable Energy Ltd (TPREL) on Monday said it has signed an agreement with Endurance Technologies Ltd for setting up a 12.5 MW captive solar plant in Maharashtra. It…
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Petrol, diesel sales fall ahead of start of festive season
New Delhi: Petrol and diesel sales fell in the first half of October ahead of the start of festival season that is expected to boost consumption, preliminary data of state-owned firms showed.…
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Oil prices rise as Middle East tensions rise
Hong Kong: Oil prices rose above $91 a barrel on Monday as diplomatic efforts to address the crisis in the Middle East intensified. Investors are concerned that the Israel-Hamas war could spark a wider conflict…
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Popular game Minecraft sells over 300 mn copies to date
New Delhi: Popular Microsoft-owned game Minecraft has sold a massive 300 million copies to date, remaining one of the best-selling games of all time. It might feel like Minecraft’s blocky biomes have…