Business
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Demat accounts surge to 162 mn in June, NSE active clients reach 44.2 mn
New Delhi: The number of demat accounts increased to 162 million in June, jumping 4.2 million (month-on-month), a report showed on Thursday. In the current fiscal, the average monthly demat accounts addition…
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Homegrown Indkal to manufacture Acer-branded smartphones in India
New Delhi: Homegrown Indkal Technologies on Thursday announced its foray into the smartphone market under a trademark licencing agreement with the Taiwanese electronics company Acer, in which it will design, manufacture and…
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Lava launches new smartphone with curved display
New Delhi: Domestic smartphone brand Lava on Wednesday launched a new smartphone under its Blaze series — Lava Blaze X, with a curved AMOLED display. The new Blaze X comes in two…
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Shiprocket integrates Snowflake’s AI Data Cloud to empower 1.5 lakh Indian merchants
New Delhi: Data cloud company Snowflake, on Wednesday, announced that e-commerce enablement platform Shiprocket has successfully deployed its artificial intelligence (AI) Data Cloud, which will empower 1.5 lakh Indian merchants providing faster…
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Majority Indians aware of AI, stress on increasing trust & transparency: Report
New Delhi: About 96 per cent of Indians are aware of Artificial Intelligence (AI), including generative AI platforms like Google Gemini (formerly Bard) and ChatGPT, but 81 per cent researchers and clinicians…
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Sensex trades lower amid selling in banking stocks
Mumbai: Indian equity indices opened in red on Wednesday following pressure in banking stocks. At 9:55 a.m., Sensex was down 228 points or 0.28 per cent, at 80,123 and Nifty was down…
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WhatsApp’s new feature to help users stay safe in group messaging
New Delhi: Meta-owned WhatsApp on Tuesday rolled out a new feature that will help users stay safe in group messaging. This has already started rolling out to users and will be available…
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Semiconductor design firm UNISOC launches new chipset in India
New Delhi: Semiconductor design company UNISOC on Tuesday launched a new chipset — UNISOC T760, in India. The company said that with the introduction of the UNISOC T760, it aims to make…
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Tech Mahindra, Microsoft join hands to modernise workplace experiences with GenAI
New Delhi: Tech Mahindra on Tuesday announced a collaboration with Microsoft to modernise workplace experiences with Copilot for Microsoft 365. This will benefit their over 1,200 customers and an initial over 10,000…
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‘Player safety, responsible practices must as India’s gaming industry sees growth’
New Delhi: As India’s gaming industry experiences exponential growth, it has now become imperative to prioritise player safety and responsible gaming practices, a new report said on Tuesday. The report released by…
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Wealth management platform Dezerv raises $32 mn led by Premji Invest
New Delhi: Wealth management platform Dezerv on Tuesday announced that it has raised $32 million in a funding round led by Premji Invest. This round also saw participation from existing investors Matrix…
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Stock markets open on a high, auto & pharma shares lead
Mumbai: The benchmark indices opened on a high on Tuesday, with Sensex crossing the 80,000 mark again led by auto and pharma stocks, gaining over 200 points in morning trade. The NSE…
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Hyderabad: 30 bank accounts of DFI frozen over Rs 514 cr investment fraud
Hyderabad: The Central Crime Station (CCS) of Hyderabad, investigating Dhanwantari Foundation International Trust’s Rs 514-crore investment fraud, said that they have froze about 30 bank accounts of the trust and floated companies.…
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Hyderabad-based NBFC loses licenses for violating RBI guidelines
Mumbai: The Reserve Bank of India announced the cancellation of licenses for two non-banking financial companies (NBFCs) on Monday, July 8, due to violations of its guidelines, one of which operates in…
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Nothing launches CMF Phone 1 with 50MP camera in India
New Delhi: London-based consumer tech brand Nothing on Monday launched a new smartphone under its sub-brand CMF with a 50MP camera in India. Launched in two variants (6GB+128GB and 8GB+128GB), the new…
