Business
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Rupee falls 6 paise to 83.39 against US dollar
Mumbai: The rupee depreciated 6 paise to settle at 83.39 against the US dollar on Thursday due to a strengthening greenback against major rivals overseas and rising crude oil prices in the…
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Facility to exchange, deposit Rs 2000 notes not available on Apr 1: RBI
Mumbai: The facility to exchange or deposit Rs 2,000 banknotes will not be available on Monday, April 1, 2024 due to operations associated with the annual closing of accounts, the Reserve Bank…
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ShareChat secures nearly $49 million from key investors: Report
New Delhi: Social media platform ShareChat has raised $48.8 million via convertible debentures from its existing investors that include Temasek and Lightspeed. Startup news website Inc42 reported on Wednesday, citing the startup’s…
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Kia unveils K4 compact sedan in US ahead of launch
Seoul: Kia, South Korea’s second-biggest carmaker by sales, said on Thursday that it has unveiled the K4 compact sedan at the New York auto show as it plans to launch the vehicle…
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Only 4 pc of Indian firms are ‘mature’ to tackle modern cyber attacks: Report
New Delhi: Only 4 per cent of organisations in India have the “mature” level of readiness needed to be resilient against modern cybersecurity risks, a new report showed on Thursday. Readiness is…
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New AI tool can predict fatal heart rhythm with 80 pc accuracy
London: British researchers have developed a novel artificial intelligence (AI) tool that can predict a person’s risk of a lethal heart rhythm with 80 per cent accuracy. Ventricular arrhythmia (VA) is a…
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Smart TV shipments drop 16 pc as premium TVs drive growth in India: Report
New Delhi: India’s smart TV shipments declined 16 per cent (year-on-year) in 2023 but QLED smart TV shipments increased by 110 per cent YoY, a new report showed on Thursday. The decline…
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NXP Semiconductors unveils industry-first platform for software-defined vehicles
New Delhi: NXP Semiconductors on Thursday said it has broken through the integration barriers for next-generation software-defined vehicle (SDV) development with the introduction of a new platform. The new industry-first vehicle software…
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NCLT refuses to defer Byju’s EGM to raise capital via rights issue
New Delhi: In a breather for embattled edtech company Byju’s, the National Company Law Tribunal (NCLT) on Thursday refused to stay the extraordinary general meeting (EGM) called by the board of directors…
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Market extend winning momentum for 2nd day
Mumbai: Benchmark equity indices climbed in early trade on Thursday, extending their previous day’s rally, on foreign fund inflows and positive trend in the US markets. The 30-share BSE Sensex climbed 342.48…
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Rupee turns flat at 83.33 against US dollar in early trade
Mumbai: The rupee turned flat at 83.33 against the US dollar in early trade on Thursday amid a strong American currency and higher crude oil prices. Forex traders said the positive equity…
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X users with 2,500 verified subscriber followers to get Premium service for free
New Delhi: Billionaire Elon Musk on Thursday said that X users who have 2,500 verified subscriber followers will get Premium features for free. The Tesla and SpaceX CEO also mentioned that those…
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7 in 10 Indian B2B sellers using AI to surpass their targets: Report
New Delhi: More than seven in 10 (73 per cent) of business-to-business (B2B) sellers in India who exceed their targets are using artificial intelligence (AI), a new report said on Wednesday. The…
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India’s data centre capacity to double in 3 years: Report
New Delhi: India’s data centre capacity is likely to double in three years, from nearly 0.9 gigawatts (GW) in 2023 to 2 GW in 2026, a report said on Wednesday. This additional…
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Sensex gains more than 500 points amid bullish undertone
New Delhi: Market is likely to continue in the consolidation mode for a couple of days more and then take a new directional trend starting April, says V K Vijayakumar, Chief Investment…