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TESLA'S GERMAN FACTORY HALTS PRODUCTION AFTER SUSPECTED ARSON ATTACK' CAUSING POWER OUTAGE
Tesla’s factory in Germany, which opened in March 2022, has been a focal point in the company’s competition with domestic German automakers.
Paytm's UPI transactions drop amid regulatory challenges
National Payments Corporation of India (NPCI) data revealed a decline in Paytm's Unified Payments Interface (UPI) transactions, with the fintech giant reporting approximately 1.33 billion transactions in February, marking a 7.6 per cent decrease from 1.44 billion transactions in January.
Accel's Prayank swaroop advocates for more Indian AI startups from Academia
Indian origin researchers are leading artificial intelligence and machine learning breakthroughs at companies such as Google, Meta and Amazon and yet not enough researchers based in India have opted to build AI startups, says Prayank Swaroop, partner at global venture capital firm Accel.
ACCENTURE'S $1 BN INVESTMENT: ACQUIRES EDTECH LEADER UDACITY
Accenture has agreed to acquire Udacity, a digital education pioneer with deep expertise in the development and delivery of proprietary
GM, Magna, Wipro collaborate on Auto Software marketplace
General Motors, auto parts supplier Magna and IT company Wipro said on Tuesday they were working together to create a sales platform to buy and sell automotive software.
Noida airport to offer "world-class" lounges and restaurants with TFS partnership
The Noida International Airport has unveiled a partnership with Travel Food Services Private Limited (TFS) to establish a top-tier lounge and multicuisine food and beverage outlets within the airport premises.
NLC Green subsidiary wins 600 MW solar project in Gujarat
NLC India Green Ener(NIGEL), a subsidiary of NLC India Limited, achieved a significant milestone by finalizing a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a massive 600 MW Solar Power Project.
Mamata Banerjee unveils salary increase for Anganwadi workers in West Bengal
West Bengal Chief Minister Mamata Banerjee made a significant announcement on Wednesday, declaring a hike in the salaries of Anganwadi workers and their assistants, effective from April.
PM MODI REVEALS KOLKATA'S CONNECTIVITY PROJECTS VALUED AT RS 15,400 CRORES
This technological feat, part of the Kolkata Metro extension, connects the Howrah MaidanEsplanade Metro section, establishing vital links between bustling areas of the city.
India on 6.8% growth path to upper-middle income by 2031
According to a report released by ratings agency Crisil on Wednesday, the Indian economy is anticipated to grow at a rate of 6.8% in the next fiscal year, slightly below the forecast of 7% made by the central bank.
India's Media & Entertainment Industry set to hit Rs 3 trillion mark by 2026
A joint report from the Federation of Indian Chambers of Commerce and Industry (FICCI) and EY predicts that digital media is poised to surpass television as the leading segment in India’s Media & Entertainment (M&E) sector in 2024.
RBI empowers customers, credit cards now with network choice
The Reserve Bank of India (RBI) has taken a significant step towards enhancing consumer choice and competition within the credit card market.
Airbus signs contract with IIM-Mumbai to boost aviation talent in India
Airbus has signed a contract with the Indian Institute of Management in Mumbai (IIM Mumbai) to provide aviation education to professionals and empower them with industry-ready skills through Airbus Beyond programmes.
APEDA flags off fresh turmeric, mixed fruits shipments to UAE
With a dual aim to unlock export opportunities for agricultural and processed food products, the Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry has flagged off a consignment of fresh turmeric to Sharjah, UAE, showcasing the region’s potential for export.
GOVT CALLS FOR ROBUST FINANCIAL REPORTING ECOSYSTEM TO BOOST INVESTOR CONFIDENCE
The conference took note of the emerging focus on ESG and non-financial reporting in recent times, In India, SEBI has already prescribed a framework for sustainability reporting
SC Agreed To Consider Early Listing of Manish Sisodia's Curative Petitions For Bail In Delhi Liquor Policy Scam
The Supreme Court in the case observed and has agreed to consider the urgent listing of the curative petition moved by Aam Aadmi Party, AAP leader and former Delhi Deputy Chief Minister, Manish Sisodia wherein seeking bail in the Delhi liquor policy scam case.
Udaan sells 2.25 bn products in 2023; 900 sellers hit Rs 1 cr sales
Online business-to-business platform udaan on Tuesday said that it shipped over 2.25 billion products across India in 2023, and 900 sellers on the platform achieved sales worth Rs 1 crore each.
Maoist links case: HC acquits ex-DU professor Saibaba, says prosecution failed to prove charges
The Nagpur bench of the Bombay High Court on Tuesday acquitted former Delhi University professor G N Saibaba, who was arrested for suspected Maoist links, and other co-accused in the case and allowed their appeals against convictions.
YFLO DELHI COLLABORATES WITH NGMA, MINISTRY OF CULTURE FOR THE YFLO YOUNG ACHIEVER'S AWARDS 2024
The anticipation for the upcoming International Women’s Day is soaring as YFLO Delhi proudly announces its collaboration with NGMA - the National Gallery of Modern Art, under the esteemed Ministry of Culture, for the annual YFLO Young Achiever’s Awards 2024.
Bombay High Court: acquitted GN Saibaba And 5 Others In Alleged Maoist Links Case
The Bombay High Court Nagpur bench in the case observed and has set aside the conviction of former Delhi University Professor GN Saibaba and five others in an alleged Maoist-links case under the Unlawful Activities Prevention Act, UAPA.
SUPREME COURT QUASHED MONEY LAUNDERING CASE AGAINST KARNATAKA DY CM DK SHIVAKUMAR AND AIDE
The Supreme Court in the case Anjaneya Hanuman thaiah v. Principal Director of Income Tax and Ors and has allowed the appeals filed by Karnataka Deputy Chief Minister DK Shivakumar and his aide challenging the criminal proceedings in a 2018 money laundering case.
CHINA MAINTAINS 5 PER CENT GROWTH TARGET AMID ECONOMIC STRUGGLES
The country expects to create over 12 million jobs in urban areas and keep the surveyed urban unemployment rate at around 5.5 per cent this year, Chinese Premier Li Qiang said in his maiden work report presented to the opening session of the country’s rubber-stamp parliament, the National People’s Congress NPC).
EAM Jaishankar meets S Korean min Ahn Dukgeun, discusses trade and economic cooperation
External Affairs Minister S. Jaishankar held a meeting with South Korea’s Trade, Industry, and Energy Minister Ahn Dukgeun in Seoul on Tuesday.
Byju's Ally faces jail over missing $533 million
The founder of a small Florida hedge fund could be jailed for refusing to reveal where Indian tech firm Think & Learn Pvt allegedly hid $533 million that lenders are trying to recover, according to a federal judge.
RELIANCE-DISNEY MERGER SET TO DOMINATE 50% OF INDIA'S STREAMING MARKET
Mukesh Ambani-led Reliance Industries and Disney together are expected to command nearly 50 per cent of India’s streaming market
Former Twitter CEO Parag Agrawal, employees sue Elon Musk for $128 M
Four former Twitter executives, including former CEO Parag Agarwal, have sued the company’s current chief executive, Elon Musk, for $128 million in unpaid severance payments.
53% of Indian working women confident in seeking pay hikes
At least 53 percent of working women in India are confident when it comes to asking for a raise.
13,785 Real Estate agents Deregistered from MahaRERA
Registration of more than 13,000 real estate agents has lapsed in Maharashtra, a list issued by Maharashtra Real Estate Regulatory Authority (MahaRERA) shows.
PM MODI TO INAUGURATE KOLKATA'S FIRST UNDERWATER METRO TODAY
Prime Minister Narendra Modi is set to inaugurate India’s first under-river metro tunnel built in Kolkata
Ex-Twitter Chiefs sue Musk for $128 million in severance
Former Twitter CEO Parag Agrawal, along with Chief Legal Officer Vijaya Gadde and two other top executives, has filed a lawsuit against Tesla and SpaceX CEO Elon Musk, alleging wrongful termination and demanding severance payments totalling USD 128 million.