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94 pc of Indian IT leaders expect higher budget allocation for GenAI initiatives: Report

Apr 23, 2024

New Delhi, April 23 (IANS) About 94 per cent of Indian IT leaders anticipate increased budget allocations towards generative artificial intelligence (GenAI) initiatives within the next 12-24 months, a new report revealed on Tuesday.According to the search analytics company Elastic, India appears to be the furthest ahead in adopting GenAI…

Razorpay ‘UPI Switch’ with Airtel Payments Bank to power 10K transactions a second

Apr 23, 2024

New Delhi, April 23 (IANS) Fintech major Razorpay on Tuesday launched its own Unified Payments Interface (UPI) infrastructure with 'UPI Switch' -- a next-generation cloud-based innovation, in partnership with Airtel Payments Bank.Boosting…

Business

Telecom, realty stocks lead market gains

Apr 23, 2024

New Delhi, April 23 (IANS) Telecom stocks are the top performers in the markets on Tuesday. The telecom stocks index is up a massive 5 per cent.Tejas Networks is up more than 19 per cent. Tata Teleservices is up 11 per cent, Vodafone Idea…

Business

WeWork India strengthens footprint in country, adds two new buildings

Apr 23, 2024

New Delhi, April 23 (IANS) Flexible workspace provider WeWork India on Tuesday announced the expansion of their operations in the country by signing lease agreements for two new buildings.Set to open in the next couple of months, the new…

Business

India’s 1st bullet train set to run in 2026: Railways Minister

Apr 23, 2024

New Delhi, April 23 (IANS) Significant progress has been made in the construction of various stations for India’s first bullet train and we are geared up to run the first train in one section in 2026, Union Railways and IT Minister Ashwini…

Business

Sensex in the green amid bullish undercurrent

Apr 23, 2024

New Delhi, April 23 (IANS) BSE Sensex gained more than 100 points on Tuesday with the re-emergence of a bullish trend in the last two days.Sensex is trading at 73,809 points, up by 160 points. Bharti Airtel is up more than 2 per cent.V K…

Business

India’s economic activity surges to 14-year high in April: HSBC survey

Apr 23, 2024

Mumbai, April 23 (IANS) India's economic activity surged close to a 14-year high this month on the back of a strong performance of the manufacturing and services sectors, according to an HSBC survey released on Tuesday. The HSBC composite…

Business

HDFC Mutual Fund Launches HDFC Manufacturing Fund

Apr 22, 2024

HDFC Asset Management Co. Ltd., the investment manager to HDFC Mutual Fund (HDFC MF) announces the launch of HDFC Manufacturing Fund

Business

VC investments, deals grew in India in Q1 despite fall in global activity: Report

Apr 22, 2024

New Delhi, April 22 (IANS) Both venture capital (VC) investment and the number of VC deals grew in India in the first quarter (Q1) this year, from $1.6 billion across 313 deals (Q4, 2023) to $3.2 billion across 354 deals in Q1 2024, a…

Business

Entrepreneurship is about doing things faster, creating competitive advantage: Narayana Murthy

Apr 22, 2024

New Delhi, April 22 (IANS) Infosys founder N.R. Narayana Murthy said on Monday that entrepreneurship is just a state of mind and it is not those who start companies that are entrepreneurs, it is all about doing things faster and creating a…

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