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Homegrown GenAI platform Hanooman now live in 98 languages
Business

Homegrown GenAI platform Hanooman now live in 98 languages

New Delhi, May 10: Abu Dhabi based AI investment firm 3AI Holding Limited and SML India on Friday launched the generative artificial intelligence (GenAI) platform Hanooman in 98 global languages, including 12 Indian languages. Developed by SML and 3AI Holding under joint collaboration,...
Finance Ministry hosts workshop on best AI practices for bank chiefs
Business

Finance Ministry hosts workshop on best AI practices for bank chiefs

New Delhi, May 9: The Finance Ministry on Thursday held a workshop for CEOs and MDs of 12 public sector banks and other financial institutions to provide them with insights into the best practices for AI adoption and risk mitigation in the banking sector. Vivek Joshi, Secretary, Department of...
Audi launches two new cars under its Bold Edition in India
Business

Audi launches two new cars under its Bold Edition in India

New Delhi, May 10: German luxury car manufacturer Audi on Friday launched two new cars under its Bold Edition Q3 and Q3 Sportback, in India. The Audi Q3 comes at a price of Rs 54,65,000 (ex-showroom) in five colours, Glacier White, Nano Grey, Mythos Black Navarra Blue & Pulse Orange, while...
Officials from 26 states attend meet to formulate Mining Index
Business

Officials from 26 states attend meet to formulate Mining Index

New Delhi, May 8: Officials from as many as 26 states participated in a meeting here on Wednesday to formulate a State Mining Index which will serve as a tool for stakeholders of the mining sector to understand various aspects related to the Ease of Doing Mining Business within a state. In the...
RBI lifts ban on Bank of Baroda
Business

RBI lifts ban on Bank of Baroda's BoB World

Mumbai, May 8: Bank of Baroda said on Wednesday that the RBI has lifted its ban on BoB World and the bank has now been allowed to onboard customers through the app. The bank has stated in an exchange filing that the RBI has lifted the restriction with immediate effect. The development comes...
US automotive firm BorgWarner launches R&D centre in South Korea
Business

US automotive firm BorgWarner launches R&D centre in South Korea

Seoul, May 9: US automotive company BorgWarner has opened a research and development centre in South Korea, which is expected to help stabilise the supply chain in the sector, the industry ministry said on Thursday. The new centre, located in Daegu, 237 kms south of Seoul, will focus on...
India playing an important role in advanced manufacturing: TCS Chairman Chandrasekaran
Business

India playing an important role in advanced manufacturing: TCS Chairman...

New Delhi, May 9: Geo-political challenges are continuing to alter established supply chains and companies are rebalancing their supply chains to address both resilience and efficiency, Tata Consultancy Services (TCS) Chairman N. Chandrasekaran has said. New global supply chain ecosystems are...
Building business often difficult, but Indian dream is real: Radhika Gupta
Business

Building business often difficult, but Indian dream is real: Radhika Gupta

New Delhi, May 9: Even though building a business is many times difficult in India, the Indian dream is real, said Radhika Gupta, CEO of Edelweiss Asset Management and Shark Tank Judge. Radhika, India's only female CEO of a major asset management company, was speaking at the US-based Milken...
The dynamics of tax cuts and collections under Modi govt: A tale of prosperity
Business

The dynamics of tax cuts and collections under Modi govt: A tale of prosperity

New Delhi, May 7: In the midst of a political maelstrom, where the Congress and its cohorts spun tales of fiscal folly, data and facts reveal the real, upbeat picture. Contrary to their narratives set on various social and micro blogging platforms that the Narendra Modi led government had pared...
EPFO evaluating course of action over HC ruling on foreign workers
Business

EPFO evaluating course of action over HC ruling on foreign workers

New Delhi, May 7: The Employees' Provident Fund Organisation (EPFO) on Tuesday said that it is “actively evaluating the course of action” to be taken in response to the Karnataka High Court judgment on international workers covered under its PF and pension schemes. “The EPFO acknowledges the...
Air India Express cabin crew goes on mass sick leave, 78 flights cancelled
Business

Air India Express cabin crew goes on mass sick leave, 78 flights cancelled

New Delhi, May 8: Air India Express faced major disruption in services as 78 flights were cancelled and many were delayed after cabin crew called in mass ‘sick leave’ to mark their protest against the ongoing transition in the airline. In 2023, the Directorate General of Civil Aviation (DGCA)...
Will NPCI implement or extend the 30 pc cap on market share of UPI players
Business

Will NPCI implement or extend the 30 pc cap on market share of UPI players

New Delhi, May 8: As digital payment platforms, PhonePe and Google Pay, continue to have a duopoly in the Unified Payments Interface (UPI) market, the deadline by the National Payments Corporation of India (NPCI) to implement a 30 percent market share cap on UPI services providers inches closer....
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