Business
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SL finalises debt restructuring agreement with Official Creditor Committee
Colombo: Sri Lanka’s President Ranil Wickremesinghe on Wednesday announced that debt restructuring agreements were finalised with bilateral lenders, including India and China, in Paris, describing the development as a “significant milestone” that…
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Flipkart rolling out own payments app ‘Super.money’
New Delhi: E-commerce giant Flipkart has started rolling out its own payments app Super.money, in a fintech push, over a year and a half after separating from PhonePe. Now live in beta…
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UK’s Haleon to sell nicotine replacement therapy biz outside US to Dr Reddy’s
New Delhi: UK-based consumer healthcare company Haleon on Wednesday, June 26, that it has entered into an agreement to sell its nicotine replacement therapy (NRT) business outside of the US to Dr…
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RBI Chief sees India on path to steady 8 pc GDP growth
Mumbai: RBI Governor Shaktikanta Das sees India moving ahead towards an 8 percent GDP growth trajectory on a sustained basis, driven by structural economic reforms such as GST. “If you look at…
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Sensex hits new all-time high in early trade
Mumbai: Stock market benchmark indices climbed in early trade on Wednesday, with the Sensex hitting its fresh all-time high level, but soon equities faced volatile trends and were trading flat amid the…
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OpenAI’s ChatGPT now available for all Apple Mac users
New Delhi: Sam Altman-run AI company OpenAI on Wednesday announced that ChatGPT is now available for all Apple Mac users. ChatGPT on Mac computers was announced earlier this month during Apple’s flagship…
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Samsung to unveil new AI-enabled foldable smartphones next month
New Delhi: Samsung Electronics is expected to unveil new Galaxy series foldable smartphones with artificial intelligence (AI) features next month. The Samsung ‘Galaxy Unpacked 2024’ will take place in Paris on July…
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Foxconn rejects married women for iPhone jobs in India: Report
Foxconn, a major Apple supplier, has systematically stopped employing married women in India due to “post-marriage issues”. An investigative report by Reuters suggests Foxconn’s labour requirements specifically include ‘no married women’ citing…
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Gold rises Rs 70; silver plunges Rs 400
New Delhi: Gold prices rose Rs 70 to Rs 72,550 per 10 grams in the local market on Tuesday in line with firm global trends, according to HDFC Securities. The precious metal…
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Samsung builds AI chip infrastructure used in more efficient computing
Seoul: Samsung Electronics said on Tuesday it has completed building infrastructure to produce faster and more efficient chips for artificial intelligence (AI) computing. The infrastructure for so-called compute express link (CXL) technology…
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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…
