Business
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Samsung launches energy management service for Tesla vehicles
Seoul: Samsung has launched an energy management service for Tesla electric vehicles in the United States as part of their strategic partnership aimed at enhancing connectivity at home, industry sources said on…
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Rs 18K crore loan default: NCLT declares GVK PIL bankrupt
Hyderabad: The National Company Law Tribunal (NCLT) in Hyderabad has declared GVK Power and Infrastructure Ltd (GVKPIL) bankrupt, initiating the Corporate Insolvency Resolution Process (CIRP). This comes after GVK Coal Developers (Singapore)…
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IMF raises India’s GDP growth forecast to 7 pc for 2024-25
New Delhi: The International Monetary Fund (IMF) on Tuesday raised India’s GDP growth forecast for 2024-25 to 7 per cent from 6.8 per cent projected earlier on the back of “improving private…
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Rupee rises 3 paise to settle at 83.58 against US dollar
Mumbai: The rupee consolidated in a narrow range and settled for the day 3 paise higher at 83.58 against the US dollar on Tuesday, on firm domestic markets and sustained inflow of…
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Received record 40 pc higher pre-bookings for new foldables in India: Samsung
New Delhi: Samsung on Tuesday announced record pre-orders for its sixth-generation foldable smartphones – Galaxy Z Fold6 and Galaxy Z Flip6. In the first 24 hours, pre-orders for Galaxy Z Fold6 and…
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Homegrown Namma Yatri app raises $11 mn with Google as investor
Bengaluru: Community-led mobility app Namma Yatri on Tuesday said it has raised $11 million (about Rs 92 crore) in a pre-Series A funding round led by Blume Ventures and Antler, with participation…
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LinkedIn launches new video experience for professionals in India
New Delhi: Professional networking platform LinkedIn on Tuesday launched a new video experience in India, in a bid to tap into one of the fastest-growing markets with uploads growing 60 per cent…
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Stock markets open on a high, Adani Enterprises among top gainers
Mumbai: The Indian benchmark indices once again opened on a positive note on Tuesday in the run-up to a blockbuster budget next week. Adani Enterprises, Coal India, M&M, Bharti Airtel and Tata…
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Public beta for iOS 18, other Apple software updates now live
San Francisco: Apple has made its new iOS 18 and other software updates available in public beta that come with several new features. Among the features are a set of customisation options,…
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AMD, IIT-B partner to support semiconductor startups in India
New Delhi: Chip-maker AMD India on Monday announced a partnership with the Society for Innovation and Entrepreneurship (SINE), an incubator at IIT-Bombay, to promote semiconductor startups in the country. Under the partnership,…
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Stock markets continue upward trajectory, Nifty touches fresh all-time high
Mumbai: The Indian benchmark indices on Monday continued their upward momentum driven by positive expectations from the upcoming Union Budget and robust foreign institutional investor (FII) inflows, along with better-than-expected results from…
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Apple’s India sales hit new high in FY24 amid increased manufacturing, premiumisation trend
New Delhi: As China and Vietnam falter amid India’s push for domestic manufacturing owing to the production-linked incentive (PLI) scheme, tech giant Apple saw a robust around $8 billion sales in the…
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India’s electronic goods exports up 16.9 pc at $2.82 bn in June
New Delhi: The Centre on Monday informed that electronic goods exports increased by 16.91 per cent in the month of June (year-on-year), bolstered by the production-linked incentive (PLI) scheme. The exports increased…
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India can do to AI what China did to manufacturing: Bhavish Aggarwal
New Delhi: Ola Founder and CEO Bhavish Aggarwal on Sunday said that with the kind of talent India has, it will become a global leader in artificial intelligence (AI) the way China…
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78 pc of Indian bosses optimistic on gig workers, stress proficiency in technical skills: Report
New Delhi: While 78.57 per cent of employers in India find gig workers meeting or surpassing job requirements, they also emphasise their need to boost technical skills, according to a report on…