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25 pc of cyberattacks motivated by ‘espionage’ in APAC region last year: Report

May 1, 2024

New Delhi, May 1 (IANS) About 25 per cent of cyberattacks were motivated by 'espionage' in the Asia-Pacific (APAC) region last year, which is significantly higher than the 6 per cent and 4 per cent in Europe and North America, respectively, a new report showed on Wednesday.Of the 2,130 security incidents and 523 confirmed breaches in the APAC…

MG Motor India clocks retail sales of 4,485 units in April

May 1, 2024

New Delhi, May 1 (IANS) Car manufacturer Morris Garages (MG) Motor India on Wednesday announced that it clocked retail sales of 4,485 units in the country in April.The company's electronic vehicle (EV) portfolio contributed 34 per cent of…

Business

Govt cuts windfall tax on crude oil, ONGC, OIL India Ltd to gain

May 1, 2024

New Delhi, May 1 (IANS) The Government has cut the windfall tax on crude oil to Rs 8,400 a metric ton from Rs 9,600 with effect from Wednesday as part of its fortnightly revision.Upstream oil exploration and production companies ONGC and…

Business

Eager to harness AI to bring societal benefit for ‘Bharat’: OpenAI’s first…

May 1, 2024

New Delhi, May 1 (IANS) Sam Altman-run ChatGPT developer OpenAI is eager to contribute to India's artificial intelligence (AI) mission by collaborating with developers, users and policymakers, Pragya Misra, the company’s Public Policy &…

Business

Elon Musk lays off entire Tesla charging network team

May 1, 2024

New Delhi, May 1 (IANS) Elon Musk has disbanded Tesla's charging team in a new layoff round, a move which was unexpected and "surprising to everyone". The layoffs at Tesla's Supercharger network come despite onboarding top automakers like…

Business

Exports of eco-friendly cars drop amid slowing EV shipments in S. Korea

May 1, 2024

Seoul, May 1 (IANS) South Korean exports of environment friendly vehicles fell for the first time in the first quarter after reporting on-year increases in the past 12 quarters, an industry association said on Wednesday.Shipments of…

Business

Adani Ports & SEZ Becomes India’s 1st Private Infrastructure Developer To Secure AAA Rating

May 1, 2024

Ahmedabad, April 30 (IANS) Adani Ports and Special Economic Zone (APSEZ) on Tuesday announced the elevation of its credit rating to AAA by CARE Ratings. This is the highest possible rating given to any issuer in India by credit…

Business

Adani Energy Solutions logs 17 per cent revenue growth, ends FY24 on a strong note

May 1, 2024

Ahmedabad, April 30 (IANS) Adani Energy Solutions Limited (AESL) on Tuesday reported operational revenue at Rs 14,217 crore for the year ended March 31, up 17 per cent (year-on-year) -- registering comparable profit after tax (PAT) at Rs…

Business

EPCH elects Sagar Mehta of QTL Export House, Delhi as new Vice-Chairman-II

Apr 30, 2024

New Delhi, 30th April, 2024 - Sagar Mehta of M/s QTL Export House, Delhi, Member-COA-EPCH has been elected as new Vice-Chairman-II of Export Promotion Council for Handicrafts (EPCH) during its 188th meeting of Committee of Administration…

Business

Worldline ePayments India gets RBI approval to operate as payment aggregator

Apr 30, 2024

New Delhi, April 30 (IANS) Global payment services leader Worldline ePayments India on Tuesday announced that they have been granted authorisation by the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator (PA) under the…

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