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Outbound travel from India emerges as future growth engine for global tourism

Jul 9, 2024

New Delhi, July 9 (IANS) Outbound travel from India is emerging as a future growth engine for global tourism, with the rapid expansion of the middle classes and scaling up of air connectivity across the country, a new report by the Organisation for Economic Co-operation and Development (OECD) has revealed.In Asia Pacific, the recovery of the…

Stock markets open on a high, auto & pharma shares lead

Jul 9, 2024

Mumbai, July 9 (IANS) The benchmark indices opened on a high on Tuesday, with Sensex crossing the 80,000 mark again led by auto and pharma stocks, gaining over 200 points in morning trade. The NSE Nifty rose by 47 points and was trading at…

Business

L&T Semiconductor Tech to acquire chip design firm SiliConch for Rs 183 crore

Jul 9, 2024

Mumbai, July 9 (IANS) Indian conglomerate Larsen & Toubro on Tuesday said its wholly-owned subsidiary L&T Semiconductor Technologies is acquiring fabless semiconductor design company SiliConch Systems for Rs 183 crore.The…

Business

India sees 33 pc surge in diversity hiring, BFSI & IT sectors lead

Jul 9, 2024

New Delhi, July 9 (IANS) The country saw a 33 per cent surge in diversity hiring in June (year-on-year growth), with the banking, financial services and insurance (BFSI) and IT-software services industries leading the way, a report showed…

Business

Hyundai Motor accepts preorders for Casper Electric mini SUV

Jul 9, 2024

Seoul, July 9 (IANS) Hyundai Motor, South Korea's largest automaker, on Tuesday started receiving preorders for the company's Casper Electric mini SUV in South Korea, the company said.The EV will be sold under the name Inster in overseas…

Business

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…

Business

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…

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