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India among top countries in artificial intelligence adoption

Apr 20, 2024

New Delhi, April 20 (IANS) As the Asia-Pacific region experiences a surge in the adoption of Generative AI (GenAI), India is set to join the most rapidly expanding markets in the forthcoming years.According to an IDC report, the Asia-Pacific region is witnessing an unprecedented surge in GenAI adoption, including software, services, and hardware…

EPFO adds 15.48 lakh net members in Feb as employment rises

Apr 20, 2024

New Delhi, April 20 (IANS) EPFO provisional payroll data released on Saturday showed that as many as 15.48 lakh net members have been added in February this year, reflecting the increased employment created in the country’s organised sector…

Business

37 Indian startups secure $310 million in funding this week

Apr 20, 2024

New Delhi, April 20 (IANS) At least 37 startups in India secured about $310 million in funding this week, including 10 growth-stage deals, as deals continued at a normal pace in the country. Last week, as many as 21 startups secured nearly…

Business

Workers at VW’s Tennessee plant to unionise after key vote

Apr 20, 2024

Washington, April 20 (IANS/DPA) Workers at Volkswagen's Chattanooga plant in the US state of Tennessee have voted overwhelmingly to unionise at the third attempt, the company and the United Auto Workers (UAW) have announced.The ballot,…

Business

IREDA posts 45 pc jump in net profit at Rs 1,252 crore for 2023-24

Apr 20, 2024

New Delhi, April 20 (IANS) Indian Renewable Energy Development Agency Ltd. (IREDA) on Saturday reported a 44.83 per cent jump in net profit to Rs 1,252.23 crores for the financial year ended March 31, 2024, compared to the net profit of Rs…

Business

Gujarat contributes over 8.3 pc to national GDP: FM Sitharaman

Apr 20, 2024

Ahmedabad, April 20 (IANS) Finance Minister Nirmala Sitharaman was in Ahmedabad on Saturday where she delved into the government's transformative economic policies. She recalled the pre-2014 era of double-digit inflation and businesses…

Business

HDFC Bank posts Rs 16,511 crore net profit in Q4, declares dividend of Rs 19.5 per share

Apr 20, 2024

New Delhi, April 20 (IANS) The country's largest private sector lender HDFC Bank on Saturday reported a net profit of Rs 16,511 crore for the January-March quarter of the financial year 2023-24. This is only a marginal 0.84 per cent…

Business

Zomato slapped with Rs 11.81 crore GST demand, penalty order

Apr 20, 2024

New Delhi, April 20 (IANS) Online food delivery platform Zomato has received a goods and services tax (GST) demand and penalty order worth Rs 11.81 crore.The order consists of Rs 5.9 crore in GST demand and a penalty of Rs 5.9 crore for…

Business

Elon Musk confirms not coming to India amid crucial Tesla quarter results

Apr 20, 2024

New Delhi, April 20 (IANS) Elon Musk, on Saturday, confirmed that he will not visit India this month amid crucial Tesla quarterly results and will possibly visit the country later this year to announce his investment plans. In a post on X,…

Business

How suppliers are helping iPhone maker achieve green energy goals

Apr 20, 2024

New Delhi, April 20 (IANS) As big companies invests billions of dollars into building a sustainable future, innovations in clean energy, materials and recycling are helping iPhone maker Apple meet its environmental goals.Apple has cut its…

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