Business
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Markets decline in early trade on weak Asian peers, foreign fund outflows
Mumbai: Benchmark equity indices declined in early trade on Wednesday in line with weak trends from the Asian markets and continuous foreign fund outflows. Extending its previous day’s downtrend, the 30-share BSE…
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Four automakers to recall over 7,783 vehicles for faulty parts
Seoul: Hyundai Motor, Kia and two other carmakers will recall over 7,700 vehicles due to faulty components, the transport ministry here said on Wednesday. The four companies, including Jaguar Land-Rover Korea and…
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Air India Express cancels flights due to cabin crew shortage: Sources
New Delhi: Air India Express has cancelled “scores of flights” due to a shortage of cabin crew members as a section of them are reporting sick to protest against alleged mismanagement at…
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MediaTek unveils new flagship mobile chip in its Dimensity portfolio
New Delhi: Chip-making giant MediaTek on Tuesday unveiled a new flagship mobile chip in its Dimensity portfolio called the ‘Dimensity 9300+’. The new chip is designed to accelerate on-device generative Artificial Intelligence…
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Fintech firm Lendingkart raises $10 mn for onward lending activities for MSMEs
New Delhi: Fintech company Lendingkart, on Tuesday, said that it raised $10 million by way of external commercial borrowing from a fund managed by a leading global impact investment manager and member…
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ICSE & ISC students can access results, mark sheets real-time via DigiLocker
New Delhi: Students of the ICSE class X and ISC class XII can now access their results, mark sheets as well as certificates in real-time from the DigiLocker, the Ministry of Electronics…
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Truecaller’s net sales up 8 pc in India with over 234 million daily active users
New Delhi: Leading caller identification app Truecaller on Tuesday reported an 8 per cent increase in net sales in India in the first quarter (Q1) of the calendar year, saying that the…
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Hospitality, oil & gas, FMCG sectors see surge in hiring in India
New Delhi: Sectors like hospitality, oil and gas and Fast-Moving Consumer Goods (FMCG) witnessed a surge in hiring in India last month, a report showed on Tuesday. The hospitality and travel sector…
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AWS to invest additional $9 bn in Singapore to grow its cloud infrastructure
New Delhi: Amazon Web Services (AWS) on Tuesday said it will invest an additional $9 billion in Singapore over the next five years to grow its cloud infrastructure and services in the…
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Apple to introduce iPad Pro models with OLED displays for 1st time
New Delhi: Apple is expected to introduce iPad Pro models in 11.1-inch and 12.9-inch sizes with OLED displays for the first time, a report showed on Monday. The tech giant is set…
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Apple’s iPhone 15 Pro Max best-selling smartphone in Q1 this year: Report
New Delhi: Apple’s iPhone 15 Pro Max was the best-selling smartphone of the first quarter (Q1) of 2024, a new report showed on Monday. According to Counterpoint Research, Apple and Samsung dominated…
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94 pc Indian service professionals using AI believe it saves them time: Report
New Delhi: About 94 per cent of Indian service professionals using artificial intelligence (AI) said that the technology saves them time, a new report revealed on Monday. According to enterprise software major…
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BlackSoil invests $49 million in 11 new deals in Q4
New Delhi: Alternative credit platform BlackSoil on Monday said that it invested $49 million (Rs 391 crore) across 11 new deals and exited four portfolio companies in the fourth quarter (Q4) of…
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Financial regulator finds ‘illegal’ stock short selling at 5 more global banks
Seoul: South Korea’s financial regulator said on Monday that it has found suspected cases of naked stock short selling at five more global investment banks (IBs), bringing the total to nine out…
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Indian startup Mindgrove unveils 1st indigenous high-performance chip
New Delhi: As India begins its chip-making journey, fabless semiconductor startup Mindgrove Technologies, on Monday, said that it has launched the country’s first commercial, high-performance SoC (system on chip). Called ‘Secure IoT,’…