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Business
SpaceX may exceed 90 pc of all Earth payloads to orbit this year: Musk
21 May 2024 12:49 PM IST
New Delhi, May 21: Billionaire Elon Musk on Tuesday said that his space venture SpaceX is likely to exceed 90 per cent of all Earth’s payload to low Earth orbit later this year. Musk said this, in a post on social media platform X, based on a report that showed that SpaceX aced more than half of the...
Business
No truth in opposition's unemployment narrative, crores of jobs created in last...
20 May 2024 4:20 PM IST
New Delhi, May 19: Slamming the opposition on running a false unemployment narrative, Prime Minister Narendra Modi on Sunday said crores of new jobs have been created across sectors in the last 10 years, riding on a young talented workforce amid the growth of creators’ economy and boom in the...
Business
Yotta Data Services appoints Anil Pawar as Chief AI Officer
20 May 2024 3:58 PM IST
Mumbai, May 20: Digital transformation service provider Yotta Data Services, on Monday, appointed Anil Pawar as the Chief AI Officer and Head of AI Cloud Business Unit. Reporting to Sunil Gupta, Co-founder, MD and CEO, Pawar will lead strategic endeavours within the AI Cloud Business Unit, focusing...
Business
NSE, BSE closed today on account of LS elections
20 May 2024 3:55 PM IST
Mumbai, May 20: NSE and BSE will remain closed on Monday due to Lok Sabha elections in Mumbai. According to the Bombay Stock Exchange (BSE) trading holiday calendar, all the segments of the markets will remain shut, including SLB and derivatives. Mumbai, one of the regions participating in the fifth...
Business
TRAI move on new broadcasting policy to make India a global content hub
20 May 2024 3:54 PM IST
New Delhi, May 20: Broadband India Forum (BIF) on Monday commended the initiative by the Telecom Regulatory Authority of India (TRAI) to gather public input for the National Broadcasting Policy (NBP). The BIF said an enabling policy framework can provide the much needed fillip for the broadcasting...
Business
Ananant Systems joins India Electronics and Semiconductor Association to drive...
20 May 2024 3:51 PM IST
Bengaluru, May 20: In a boost to the country's chip manufacturing goals, semiconductor and wireless systems company Ananant Systems on Monday announced its membership with the India Electronics and Semiconductor Association (IESA). The collaboration underscores the company's commitment to fostering...
Business
India to regain its share in global trade on back of sustained growth rates:...
18 May 2024 2:44 PM IST
New Delhi, May 18: In 2012, India was at 11th place in the world GDP rankings and today, the country is at the fifth position jumping six places in the last decade or so and it is only inevitable that we will go to the third spot in the next 2-3 years, Rajesh Kumar Singh, Secretary, Department for...
Business
Nestle India shareholders reject proposal to hike royalty to Swiss parent
18 May 2024 2:42 PM IST
Mumbai, May 18: Nestle India shareholders have rejected a proposal of the company’s board of directors to increase royalty payments to its Swiss parent Nestle S.A., according to a regulatory filing by the company.Shareholders with a total 57.18 percent stake in the company voted against the...
Business
Women break through glass ceiling at India Skills 2024
18 May 2024 2:40 PM IST
New Delhi, May 17: The India Skills Competition 2024, which is underway from May 15-19 at Yashobhoomi convention centre in Dwarka has been witnessing increased participation of women in trades that were previously dominated by men.This year, India Skills is witnessing the participation of 900 plus...
Business
Govt eyes hydrogen based process for steel production to cut carbon emissions
18 May 2024 2:35 PM IST
New Delhi, May 17: Secretary, Ministry of Steel, Nagendra Nath Sinha said on Friday that the government is working on introducing a green hydrogen based process in the steel industry where the iron will be directly reduced with 100 percent hydrogen, resulting in a sharp reduction in carbon...
Business
Google Cloud launches AI driven security operations region to India
17 May 2024 1:29 PM IST
Mumbai, May 17: Aligning with India’s data localisation norms, Google Cloud on Friday announced to bring its AI-powered security operations (SecOps) region to India.The enterprises in the country can now store their Google security operations customer data in the Mumbai region.Today’s complex...
Business
Not ready to announce anything yet regarding chip fabrication unit, Zoho CEO
17 May 2024 1:27 PM IST
New Delhi, May 17: Cloud software major Zoho's Founder and CEO Sridhar Vembu on Friday said the company is not ready to announce anything yet regarding investments in a semi conductor fabrication unit.Reacting to reports that Zoho is geared up to pump millions of dollars into a chip...
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