Business

New Delhi, May 7 (IANS) Fintech company Lendingkart, on Tuesday, said that it raised $10 million by way of external commercial borrowing from a fund managed by a leading global impact investment manager and member of the Schroders Group…

New Delhi, May 7 (IANS) Chip-making giant MediaTek on Tuesday unveiled a new flagship mobile chip in its Dimensity portfolio called the 'Dimensity 9300+'.The new chip is designed to accelerate on-device generative Artificial Intelligence…

Sterlite Power, a leading global developer of power transmission, today announced the appointment of Reshu Madan as Chief Executive Officer,

New Delhi, May 7 (IANS) IT company Happiest Minds Technologies on Tuesday reported 25 per cent increase in net profit at Rs 72 crore for Q4, as revenue went up 10 per cent to Rs 417 crore. Ashok Soota, Executive Chairman of Happiest Minds,…

New Delhi, May 7 (IANS) SpaceX CEO Elon Musk on Tuesday called the need for fully reusable rockets & spacecraft, and not another capsule, even as rival Boeing's much-awaited Starliner yet again scrubbed its crewed mission. "The world…

Washington, May 7 (IANS) South Korea has raised its automotive industry's concerns with the US over Washington's inquiry and envisioned rules to address potential security risks from "connected vehicles" that use technology from China and…

New Delhi, May 7 (IANS) F5, a global leader in multi-cloud application security and delivery, on Tuesday appointed Pratik Shah as Managing Director for its operations in India and the SAARC region.Shah, who joined the company in 2019 and…

New Delhi, May 7 (IANS) As the race for artificial intelligence (AI) chips intensifies, Apple has joined the bandwagon and is now reportedly working on its own chips for data centres.The aim of the iPhone maker is to run AI software in data…

Mumbai, May 6 (IANS) Domestic equities gave up their gains amid rising volatility and continuous selling by FIIs on Monday. While the Sensex edged up 17.39 points or 0.02 per cent to settle at 73,895.54, the Nifty declined 33.15 points or…