CATEGORIES

How do you drive a car that drives itself?

It’s world’s first Level 3 autonomous car you can take your hands off the steering wheel and eyes off the road

Jack Ma loses $683 mn after Alibaba sell-off

JACK MA IS preparing one of his biggest Alibaba Group Holding stake reductions in recent years, and the timing could hardly be worse.

China will create world-class biz environment for foreigners: Xi

He vows to promote free flow of data’ in compliance with law

India needs a space PLI

THE FINAL FRONTIER - THE GOVT WILL BE A TOP SPACE-TECH CLIENT, SO A CLEAR PROCUREMENT POLICY WILL ALSO HELP

Telcos' 4G subscriber additions in August highest in two years

THE 4G SUBSCRIBER additions for telecom operators - Jio, Airtel, and Vodafone Idea -- rose to a two-year high at 7.1 million in August, data from the Telecom Regulatory Authority of India (Trai) showed. Reason for an increase in 4G susbcriber base can be attributed to an uptick in 2G to 4G migration, adoption of JioBharat, as well as telcos focus on premiumisation, analysts said.

Bikes have limitations, cabs offer greater scope: Rapido

We want to offer all possible ride-hailing options, says startup

Reddys dominate Telangana lists

The influential community makes up 7% of population

Railways, NHAI capex may be funded solely by Budget

TO MAINTAIN TRANSPARENCY and sustainability, the Centre will likely continue to shoulder the massive capital expenditure requirements of the two largest state-run transport infrastructure builders the National Highways Authority of India (NHAI) and the Indian Railways - fully for the next financial year as well, sources said.

'Deepfakes can create turmoil, unrest in society

PRIME MINISTER NARENDRA Modi on Friday cautioned that deepfakes created by artificial intelligence can lead to a big crisis and stoke discontent in society, as he urged the media to raise awareness about its misuse and educate people.

Eateries, bars ready for rush

FROM THE HIGH LIFE TO DINEOUT DEALS, WORLD CUP FEVER GRIPS ALL

Charter movements triple

FOR CELEBRITIES, BUSINESS people and politicians, Ahmedabad is the place to be this weekend, with many of them planning to fly to the city for the Cricket World Cup final between India and Australia.

Ashneer, wife Madhuri stopped at Delhi airport in BharatPe fraud case

BHARATPE CO-FOUNDER Ashneer Grover and his wife Madhuri Jain were stopped at Delhi airport following a look out circular issued against them in the alleged fraud at the fintech firm, sources said.

NHAI to award BOT projects of ₹44,412 cr in this fiscal

TO BRING PRIVATE investments back in the highway construction sector, the National Highways Authority of India (NHAI) has decided to award 937-km-long stretches entailing investments of ₹44,412 crore via the build operate transfer (BOT) model in the current financial year, a senior official said on Friday.

Growth in unsecured loans may see 5% dip

THE RESERVE BANK of India's (RBI) decision to increase risk weights is expected to reduce the enthusiasm amid banks and non-banking financial companies (NBFCs) to extend unsecured loans, said bankers and industry players.

After nudge from DGCA, P&W mulls MRO facility in India

WITH MORE AND more aircraft with Pratt and Whitney (P&W) engines being grounded by domestic carriers, the aerospace manufacturer is considering setting up a maintenance, repair and overhaul (MRO) facility in India.

DRI heat back on Adani Group coal shipments

Revenue agency seeks help from SC to collect evidence from Singapore

The sleeper hit this World Cup: A simple, informal show from Pak

FOUR FORMER PAKISTAN captains, one of them a living legend, an endearing anchor, a rudimentary set, no complicated data-crunching, no overphilosophising analysis, no raised voices and no hero-worship.

Alibaba tumbles after nixing cloud spinoff on US chip curbs

ALIBABA GROUP HOLDING tumbled as much as 10% after it called off a spinoff of its giant cloud business as a result of tightened US curbs on advanced chips for China.

Pak may seek more IMF loans to help fragile economy

PAKISTAN NEEDS MORE financial assistance from the International Monetary Fund (IMF) and may seek another loan, country's interim finance minister Shamshad Akhtar said a day after the nation won an initial approval from the multilateral lender for a tranche under an existing program.

Xi offers cuddlier China to ease US tensions

China's economy is struggling to regain its footing after covid

NBFC assets to grow 25-30%, says Icra

NON-BANK LENDERS ARE set to report a growth of 25-30% in their assets under management (AUMs) in FY24 and FY25, Icra Ratings said on Thursday. It said unsecured loans need to be monitored going forward.

Tata Technologies sets IPO price band at ₹475-500

TATA TECHNOLOGIES ON Thursday fixed the price band at 475-500 per equity share for its ₹3,042-crore initial public offering (IPO). The public issue will open for public subscription on November 22 and close on November 24. The anchor book will be opened for a day on November 21, the company said.

RBI ban likely to dent Bajaj Fin PAT

Time span for of the ban is the key revocation

IT firms can place staff in different locations: TeamLease RegTech CEO

IT COMPANIES RESERVE the right to place their employees in different locations based on their business requirements, said Rishi Agrawal, CEO, TeamLease RegTech, in an interaction with FE. He said no company can promise its employees any single location permanently.

Flipkart festive sale delay lifts Walmart's Q3 gross margins

US RETAIL GIANT Walmart on Thursday posted a stronger gross margins in its international business and also on a consolidated basis in Q3, mainly because its Indian arm Flipkart's Big Billion Day sale was pushed to Q4 unlike the previous year.

JSW Infra wins ₹4,119-cr Keni Port contract

JSW INFRASTRUCTURE, THE ports business of Sajjan Jindalled JSW Group, on Thursday said it won a contract to develop Keni Port in Karnataka with an estimated cost of ₹4,119 crore.

TVS Motor to enter Europe

To launch in France in January 2024

IndiGo stays on top as air traffic rises 11% in Oct

DOMESTIC AIR PASSENGER traffic in October rose 10.78% year-onyear to 12.63 million, data released by the directorate general of civil aviation (DGCA) on Friday showed. Airlines carried 12.3 million passengers in September.

Room for growth: IHCL to open 24 new Ginger hotels

INDIAN HOTELS COMPANY (IHCL), the operator of Taj brand of hotels, intends to open 24 more hotels under its affordable Ginger brand in the next 2-2.5 years, taking the total numberto 86. The move will also help the Tata Group company extend the brand to another 20 cities.

Lowest user churn for Vodafone Idea in Aug

EVENAS VODAFONE Idea continues to report subscriber churn for over two years now, the telecom operator in August logged lowest monthly user loss so far at 49,782,according to data from the Telecom Regulatory Authority of India (Trai).