NEWS
Ola CEO Bhavish Aggarwal announces new Indian AI chat app, Krutrim
27 Nov 2023
Bhavish Aggarwal, CEO of Ola Cabs, has announced on his social media X account that his company is working on a new AI project.
Realme achieves 200 million shipments milestone and announces upcoming launch of premium phones
27 Nov 2023
Realme, a Chinese smartphone maker, has confirmed that they have shipped more than 200 million phones since their inception five years ago.
Enforcement Directorate raids DLF premises in money laundering probe involving Supertech Group
25 Nov 2023
The Enforcement Directorate (ED) has conducted extensive searches at the premises of DLF in Gurugram.
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Tata Technologies IPO set its final offer price at Rs 500 per equity share
25 Nov 2023
In a regulatory filing on Saturday 25 November 2023, Tata Motors confirmed that Tata Technologies' Initial Public Offering (IPO) is set at an offer price of Rs 500 per equity share with each face value at Rs 2.
Hero Electric aims to resolve Rs 140 crore penalty imposed by MHI
24 Nov 2023
Hero Electric has urged the government to resolve the ongoing dispute concerning the Rs 140 crore penalty imposed by the Ministry of Heavy Industries (MHI).
Google pledges its support to the Indian government in advancing ethical AI development
24 Nov 2023
Google has reaffirmed its commitment to collaborating with the Indian government and industry stakeholders to promote the ethical development of artificial intelligence (AI).
Glencore announces plans for construction of a battery recycling plant outside Italy
24 Nov 2023
In a strategic move, Glencore, the Swiss mining group, revealed its decision to construct a pilot project for an electric vehicle (EV) battery recycling plant outside of Italy.
Barclays plans $1.25 billion in cost savings, considering layoffs for up to 2,000 jobs
24 Nov 2023
Barclays, one of the leading British banks, is reportedly exploring strategies to save as much as £1 billion, with the possibility of cutting up to 2,000 jobs, particularly in the bank's back-office operations.
RBI Governor Das: Increased risk weight is a precautionary approach to ensuring sustainable lending
23 Nov 2023
Reserve Bank of India (RBI) Governor Shaktikanta Das said that the recent instruction to increase risk weights for unsecured consumer loans by banks and non-banking financial companies (NBFC) is a cautious measure taken to ensure sustainable lending.
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Apple's iPhone makes 62.5% of India’s smartphone exports, amounting to $5 billion
23 Nov 2023
In a remarkable feat, Apple Inc. has witnessed a staggering year-on-year growth of 177% in the export of iPhones from India, reaching a value exceeding $5 billion in the initial seven months of the fiscal year 2024 (April–October)
IndiGo's parent company, InterGlobe Aviation, set to contest tax claims exceeding Rs 1,666 crore
23 Nov 2023
IndiGo’s parent company, InterGlobe Aviation, stated on Wednesday, November 22, 2023, that they would challenge tax demands worth over Rs 1,666 crore.
OneWeb India gets IN-SPACe nod to launch satellite broadband service
23 Nov 2023
The authorisation allows Bharti Airtel, a promoter of Eutelsat OneWeb, to launch satellite-based broadband services once it is allotted the required spectrum by the Department of Telecommunications
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