Business
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Adani Energy Solutions to raise upto Rs 12,500 crore
Mumbai: Adani Energy Solutions Ltd (AESL) on Monday, May 27, said that its board has approved raising funds not exceeding Rs 12,500 crore through Qualified Institutional Placement (QIP) or other permissible modes…
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Aparna Construction invests Rs 284 cr to enter into shopping mall, cinema businesses
Hyderabad: Realty firm Aparna Constructions and Estates Pvt Ltd on Monday said it has entered into shopping mall and cinema businesses with an investment of Rs 284 crore. In a statement, Aparna…
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BharatPe, PhonePe settle trademark dispute on using ‘Pe’ suffix
Bengaluru: The BharatPe Group and PhonePe Group on Sunday announced that they have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix “Pe”. This comes…
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Nazara Tech promoter sells 6.3 pc equity to Plutus Wealth Management
New Delhi: Gaming and sports media platform Nazara Technologies, on Monday, said that its promoter Mitter Infotech has sold 48.84 lakh equity shares, or 6.36 per cent of its stake in the…
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Artificial Intelligence may offer companionship to the lonely
New Delhi: Artificial Intelligence (AI) technology may be key to fighting loneliness among humans, which is known to seriously impair health, according to a robotics expert. Tony Prescott, from the University of…
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Musk’s AI firm xAI raises $6 bn to boost research, development of future tech
New Delhi: Elon Musk-run artificial intelligence (AI) company xAI said on Monday that it raised $6 billion to accelerate the research and development of future technologies. The AI firm shared the development…
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BluSmart launches new ‘charge’ app to meet diverse EV customer needs
New Delhi: Homegrown electric vehicle (EV) company BluSmart on Monday launched a new app — ‘BluSmart Charge’ on Google Play Store and Apple App Store to meet diverse EV customer needs. Along…
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Modi Govt reshaped Budget in last decade: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Monday said the Modi government has reshaped the Union budget in the last 10 years from a mere record of expenditures to a strategic blueprint…
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Zypp Electric raises $15 mn to expand company’s fleet, domestic operations
New Delhi: Tech-enabled EV-as-a-service platform Zypp Electric said on Monday that it raised $15 million to expand the company’s fleet from 21,000 to 2,00,000 electric scooters and domestic operations to 15 cities…
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Sensex trades higher after opening at record level
Mumbai: India equity benchmarks opened at record levels on Monday following positive action in global peers. At the opening, Senex and Nifty hit new all-time highs of 75,679 and 23,043 respectively. At…
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Largest container ship ever to arrive in India docks at Adani’s Mundra Port
Ahmedabad: Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd (APSEZ), has created yet another record by welcoming the largest container ship ever to call at an Indian port,…
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India seeking Free Trade Agreement with Maldives: Minister
Male: Maldives on Saturday said India has initiated efforts to create a Free Trade Agreement between the two countries and deliberations are ongoing for achieving it. “They (India) want there to be…
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24 Indian startups raised $444 million in funding this week
New Delhi: About 24 Indian startups have raised around $444 million in funding during this week, which include five growth-stage deals and 14 early-stage deals. Two early-stage startups did not disclose the…
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Indian-origin researcher discovers new tech that can charge electric car in 10 min
New Delhi: Indian-origin researcher Ankur Gupta and his team have discovered a new technology that could charge a dead laptop or phone in a minute or an electric car in 10 minutes.…
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People often get emotional when they try Vision Pro for first time: Tim Cook
New Delhi: Apple CEO Tim Cook on Saturday said that the results of the company’s virtual reality (VR) headset Vision Pro are so profound that “people are often emotional the first time…
