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Texas governor visits Samsung Electronics’ chip facility

Jul 9, 2024

Seoul, July 9 (IANS) Texas Governor Greg Abbott visited Samsung Electronics’ semiconductor facility in South Korea on Tuesday, expressing his appreciation for the company's investments in the U.S. state.He toured Samsung's Pyeongtaek Campus, located approximately 60 kms south of Seoul, looking around the chip production line and various products,…

Air India takes key step on ops for Vistara merger

Jul 8, 2024

New Delhi, July 8 (IANS) Air India said on Monday that it has completed harmonising operating procedures across key functions for the four Tata Group airlines as a crucial step towards the merger. Vistara, a joint venture between Tata…

Business

India will achieve greatest medal haul ever: Gautam Adani wishes athletes for Paris Olympics

Jul 8, 2024

New Delhi, July 8 (IANS) Gautam Adani, the Chairman of Adani Group, on Monday wished the athletes for the 2024 Paris Olympics, saying that this year India will achieve the "greatest medal haul ever"."As we get ready for the 2024 Paris…

Business

Microsoft rolls out spellcheck, autocorrect for Notepad users in Windows 11

Jul 8, 2024

New Delhi, July 8 (IANS) In good news for Notepad users, Microsoft has rolled out spellcheck and autocorrect in the Notepad app in Windows 11 -- 40 years after the text editor was first introduced in Windows in 1983.The tech giant started…

Business

RBI cancels licenses of 2 NBFCs for breach of rules

Jul 8, 2024

Mumbai, July 8 (IANS) The RBI on Monday announced that it has cancelled the licenses of two non-banking financial companies (NBFCs) for violating its guidelines. The NBFCs include Polytex India Ltd, based in Mumbai, and Finserv India Ltd…

Business

Accenture acquires Bengaluru-based chip design services provider Excelmax

Jul 8, 2024

Bengaluru, July 8 (IANS) Global IT services firm Accenture on Monday said it has acquired Excelmax Technologies, a Bengaluru-based semiconductor design services provider, for an undisclosed sum.The acquisition will enhance Accenture’s…

Business

PLI scheme for ACs & LED lights to further push ‘Atmanirbhar Bharat’ goal: Industry

Jul 8, 2024

New Delhi, July 8 (IANS) Industry players on Monday welcomed the Centre’s decision to reopen the application window for the production-linked incentive (PLI) scheme for white goods (ACs and LED lights), saying it will further push Prime…

Business

Govt cites data on job creation to refute Citigroup report on employment in India

Jul 8, 2024

New Delhi, July 8 (IANS) The government on Monday refuted the Citigroup report that claims sufficient jobs are not being created in India, saying it fails to consider the positive trends and comprehensive data from official sources. The…

Business

Indian economy among the few where investment rates rose between 2015-2023: Report

Jul 8, 2024

New Delhi, July 8 (IANS) The Indian economy is among the few in the region where investment rates rose between 2015 and 2023, a report showed on Monday.The broad narrative around the pick-up in the investment upcycle is that it is driven…

Business

Kharif crop sowing rises by 14.1 pc in 2024, pulses record 50 pc jump

Jul 8, 2024

New Delhi, July 8 (IANS) With a better monsoon this year, the area under kharif crop sowing has shot up by 14.1 per cent to 378.72 lakh hectares compared to 331.9 hectares during the same period last year, according to data released on…

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