NEWS
Reliance Jio, IIT Bombay working on AI project `BharatGPT’
29 Dec 2023
Reliance Jio Infocomm, the telecom arm of the Reliance Industries Group, is working with the Indian Institute of Technology Bombay to develop an artificial intelligence project called `Bharat GPT’,
34 companies bid for India’s green hydrogen subsidies
29 Dec 2023
A total of 34 companies have submitted bids for projects to be developed under the Government of India’s Green Hydrogen Mission.
Ratan Tata celebrates his 86th birthday: 10 fascinating facts about India's most beloved industrialist
28 Dec 2023
Ratan Tata, widely regarded as one of India's most respected businessmen, will turn 86 today, on December 28, 2023.
Pratt & Whitney engines ground Go First airline, Wadia alleges Rs 10,000 crore damages
28 Dec 2023
Blaming Pratt & Whitney (P&W) engines for the grounding of Go First airline, Wadia Group Chairman Nusli Wadia asserted that the U.S. company has inflicted damages exceeding Rs 10,000 crore on the airline.
Tesla sets a new delivery record, falling short of Musk's 2 million target
28 Dec 2023
In what is anticipated to be another historic quarter for electric vehicle (EV) giant Tesla, the company’s deliveries are expected to reach unprecedented levels.
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India's current account deficit sharply down at 1% of GDP in Q2
27 Dec 2023
India's current account deficit declined sharply to $8.3 billion, or 1 per cent of the country’s GDP, in the second quarter of the current financial year (July-September 2023-24)
AstraZeneca to buy China's Gracell Biotechnologies for $1.2 bn
27 Dec 2023
Anglo-Swedish multinational pharmaceutical and biotechnology company AstraZeneca has agreed to acquire China-based Gracell Biotechnologies Inc, for about $1.2 billion.
Apple appeals an import ban on watches amid a patent dispute
27 Dec 2023
In an attempt to overturn a ban on the import of its watches, Apple has lodged an appeal following a complaint from medical monitoring technology company Masimo.
Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel
27 Dec 2023
The Israeli government has approved a $3.2 billion grant for Intel’s ambitious plan to construct a $25 billion chip plant in southern Israel.
India pays in rupee for oil imported from UAE, for the first time
27 Dec 2023
India’s bid to trade in local currency, the rupee, seems to have finally found traction. The United Arab Emirates (UAE) has accepted payment for crude oil in rupee, for the first time.
Wipro files a legal case against former CFO Jatin Dalal
27 Dec 2023
IT giant Wipro has taken legal action against its former Chief Financial Officer (CFO), Jatin Dalal. Dalal, who served as the CFO of Wipro since April 2015, shifted to Cognizant on 1 December 2023.
Japanese auto giants to invest $4.34 billion in Thailand's electric vehicle transition
26 Dec 2023
In a significant development for Thailand’s automotive landscape, major Japanese auto manufacturers are set to inject a substantial sum of 150 billion baht into the country over the next five years.
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