NEWS

India to build a 10,000+ GPU supercomputer for AI modelling

India to build a 10,000+ GPU supercomputer for AI modelling

12 Mar 2024

Government of India has proposed to build a supercomputer of 10,000 GPU or more capacity as part of its plan to develop the necessary infrastructure for a self-sufficient AI eco-system in the country.

Aditya Birla Capital to merge subsidiary Aditya Birla Finance

Aditya Birla Capital to merge subsidiary Aditya Birla Finance

12 Mar 2024

The boards of directors of Aditya Birla Capital Ltd and its wholly-owned subsidiary, Aditya Birla Finance, have approved a scheme of amalgamation of the two companies to create a larger non-banking finance company (NBFC).

UK weighs changes in law to prevent takeover of the Telegraph by UAE-backed group

UK weighs changes in law to prevent takeover of the Telegraph by UAE-backed group

12 Mar 2024

The British government is reported to be weighing legislative remedies to the possible takeover of the Telegraph Media Group by UAE-backed investor RedBird IMI, amidst political and professional opposition to the change of guard.

India tests Agni-5 missile capable of multiple strikes

India tests Agni-5 missile capable of multiple strikes

12 Mar 2024

India on Monday successfully carried out the first flight-test of the Agni-5 missile with multiple warheads, each capable of targeting objects hundreds of kilometers apart, and a range of 5.000 kilometres.

Adani Group to invest Rs60,000 crore in airports business in 10 years

Adani Group to invest Rs60,000 crore in airports business in 10 years

11 Mar 2024

The Adani Group has proposed Rs60,000 crore capital expenditure in the construction of greenfield airports and expansion and development of existing airports over the next 5-10 years

India, 4-nation EFTA sign Trade and Economic Partnership Agreement

India, 4-nation EFTA sign Trade and Economic Partnership Agreement

11 Mar 2024

India on Sunday signed a Trade and Economic Partnership Agreement (TEPA) with the four-nation European Free Trade Association (EFTA) comprising Switzerland, Iceland, Norway and Liechtenstein.

China's CNOOC finds 100 million tonne oil reserves in South China Sea oilfield

China's CNOOC finds 100 million tonne oil reserves in South China Sea oilfield

09 Mar 2024

China National Offshore Oil Company (CNOOC), the state-owned Chinese oil giant, on Friday reported a major oil field discovery in Kaiping South in the deep-water of the South China Sea.

DoT to start spectrum auction in 8 bands on 20 May

DoT to start spectrum auction in 8 bands on 20 May

09 Mar 2024

Department of Telecom (DoT) has invited applications for award of telecom spectrum for eight bands, initiating the process of spectrum auction.

Bank employees to get 17% wage hike, follow 5-day work week

Bank employees to get 17% wage hike, follow 5-day work week

09 Mar 2024

Employee unions of public sector banks and the Indian Banks' Association, the joint forum of stat-run banks, have reached an agreement under which employees will get a 17 per cent

Govt announces Rs100 per cylinder cut in LPG prices on Women's Day

Govt announces Rs100 per cylinder cut in LPG prices on Women's Day

08 Mar 2024

The central government has announced a Rs100 per cylinder reduction in the price of cooking gas (LPG), in a move that will benefit over 100 million households across the country.

US regulator SEC wants companies to disclose climate impact

US regulator SEC wants companies to disclose climate impact

08 Mar 2024

The US Securities and Exchange Commission (SEC) on Wednesday adopted new rules that prescribes disclosure norms for companies

Google slaps new developer fees to comply with EU’s Digital Markets Act

Google slaps new developer fees to comply with EU’s Digital Markets Act

08 Mar 2024

Google is beefing up defences with new app developer fees as it stares at the European Union’s Digital Markets Act (DMA) that seeks to bring about a competitive app store ecosystem.

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