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Airbus’ defence, space arm to launch research centre in S. Korea

May 10, 2024

Seoul, May 10 (IANS) The industry ministry here said on Friday that it has signed a memorandum of understanding with Airbus SE for the European aerospace giant to launch a new research and development (R&D) centre in South Korea. Industrial Policy Director General Lee Seung-ryeol reached the agreement during his meeting with Francisco Segura,…

Post full-length movies on X, ‘AI Audiences’ coming soon: Elon Musk

May 10, 2024

New Delhi, May 10 (IANS) Tesla and SpaceX CEO Elon Musk, on Friday, said that subscribed users can post movies, TV series or podcasts on the platform and earn money via monetisation. Replying to his sister Tosca Musk who co-founded the…

Business

Dell discloses data breach of some customers’ names, physical addresses

May 10, 2024

New Delhi, May 9 (IANS) Tech giant Dell Technologies on Thursday admitted that it experienced a data breach that exposed some customers’ names and physical addresses.In an email sent to customers which went viral on social media, the tech…

Business

Key reasons why Sensex fell over 2,600 points in last 5 sessions

May 9, 2024

Mumbai, May 9 (IANS) The Indian stock market has been in deep red for the last five sessions with the Sensex going down by more than 2,600 points -- from 75,095 points to 72,404 points on Thursday.The Nifty has also nosedived nearly 850…

Business

Honda opens new R&D facility in India to accelerate electrification

May 9, 2024

New Delhi, May 9 (IANS) Honda R&D (India) Private Limited, a subsidiary of Honda Motor Co, on Thursday, opened its new Solution R&D Center in the country to accelerate electrification. Opened in Bengaluru, the new facility will…

Business

Indian IT sector sees resurgence in contractual hiring, talent demand for AI-driven tech roles

May 9, 2024

New Delhi, May 9 (IANS) The growing talent demand for emerging technologies driven by artificial intelligence (AI) and resurgence in contractual hiring in India have mitigated the recent turbulence in the technology ecosystem, experts said…

Business

Punjab National Bank clocks 160 pc surge in Q4

May 9, 2024

New Delhi, May 9 (IANS) Punjab National Bank (PNB) on Thursday reported a 160 per cent surge in its net profit to Rs 3,010 crore in the Jan-March quarter of the financial year 2023-24 compared to the corresponding figure of Rs 1,159 crore…

Business

Sensex crashes 1,062 points, Rs 7 lakh crore investor wealth eroded

May 9, 2024

Mumbai, May 9 (IANS) The Sensex fell by more than 1,000 points, while the Nifty slid below the 22,000 mark on Thursday amid heavy selling pressure and weak Q4 results by top firms.At close, the Sensex was down 1,062 points, or 1.33 per…

Business

Stanlow celebrates a century of powering Britain

May 9, 2024

Stanlow (UK), May 9 (IANS) EET Fuels (or “the Company”, formerly Essar Oil UK), which owns and runs the Stanlow Manufacturing Complex, one of the most advanced refineries in Europe, today announces the commemoration of the 100th…

Business

VC firm Venturi Partners invests $27 mn in K12 Techno Services

May 9, 2024

New Delhi, May 9 (IANS) Venture capital firm Venturi Partners on Thursday announced a purchase of a $27 million stake in the education service provider K12 Techno Services from Navneet Learning LLP, a subsidiary of Navneet Education…

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