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Paytm to focus on UPI, card processing, EMI for strong payment services growth

May 24, 2024

New Delhi, May 24 (IANS) Payment and financial services company Paytm on Friday said that it is bullish on Unified Payments Interface (UPI) alongside card processing and EMI payments to drive its payment services business.These business lines are expected to play a key role in Paytm's strong revival and maintain its position as a payments leader in…

Chipmaking sector likely to enjoy longer-than-expected boom: Report

May 24, 2024

Seoul, May 24 (IANS) The chipmaking sector's upside cycle may last into the first half of next year and possibly beyond that time, giving a boost to the country's exports, a report from the Bank of Korea said on Friday.The global chipmaking…

Business

Hackers continued to use malware, tools in Q1 that let their operations go undetected: Report

May 24, 2024

New Delhi, May 24 (IANS) Hackers continued to utilise malware and increasingly relied on tools with legitimate uses that allowed cybercriminal operations to go undetected for longer in the first quarter (Q1) of this year, a new report…

Business

Centre’s wheat procurement in full swing, surpasses last year’s mark

May 24, 2024

New Delhi, May 24 (IANS) The Central government’s procurement of wheat during the current Rabi marketing season in various states has already crossed 262.48 lakh metric tonnes, surpassing last year’s total procurement of 262.02 lakh metric…

Business

India’s data centre boom to drive $5.7 bn in real estate investments by 2026: Report

May 24, 2024

Mumbai, May 24 (IANS) Fuelled by the increasing adoption of Artificial Intelligence (AI), the data centre industry in India is projected to add 791 megawatts (MW) capacity by 2026, which will drive a demand for 10 million square feet of…

Business

Strategic Meeting in Lucknow Advances UPITS Promotion and India Expo Mart Expansion Plans

May 24, 2024

A significant meeting took place today in Lucknow between Rakesh Kumar, Chairman of Expo Mart, and Manoj Kumar Singh, IAS, the Industrial Development Commissioner of Uttar Pradesh and Chairman of Noida, Greater Noida, and Yamuna Industrial…

Business

DD Kisan to launch two AI anchors who can speak 50 languages

May 24, 2024

New Delhi, May 24 (IANS) In a bid to keep up with the era of Artificial Intelligence (AI), Doordarshan Kisan has announced plans to launch two AI anchors who can speak in 50 languages, including from India and abroad, said the Ministry of…

Business

NP Singh, MD & CEO of Sony Pictures Networks India, moves on

May 24, 2024

New Delhi, May 24 (IANS) NP Singh, Managing Director and CEO of Sony Pictures Networks India (SPNI), has stepped down after 25 years at the company. Singh is moving to an advisory role in the company.“After nearly 44 years in my career,…

Business

Sensex flat amid negative global cues

May 24, 2024

Mumbai, May 24 (IANS) Indian equity benchmarks were trading flats on Friday, following negative global cues.At 10.00 a.m., Sensex was at 75,318, down 99 points and Nifty was at 22,933, down 34 points.Midcap and smallcap stocks are…

Business

Samsung to hold ‘Galaxy Unpacked’ in July in Paris: Report

May 24, 2024

Seoul, May 24 (IANS) Samsung Electronics is expected to hold the summer edition of its ‘Galaxy Unpacked’ event next month in Paris, the host of the upcoming Olympic Games, industry sources said on Friday.The event will take place on July…

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