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Truecaller’s net sales up 8 pc in India with over 234 million daily active users

May 7, 2024

New Delhi, May 7 (IANS) Leading caller identification app Truecaller on Tuesday reported an 8 per cent increase in net sales in India in the first quarter (Q1) of the calendar year, saying that the country accounted for 74.2 per cent of the total net sales. India continues to remain one of the biggest markets for Truecaller as the region accounted…

Muthoot Microfin posts highest-ever AUM at Rs. 12,193.50 crore; full year profit swells 2.74x as…

May 7, 2024

Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), among India’s leading Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), focused on providing micro

Business

Fintech firm Lendingkart raises $10 mn for onward lending activities for MSMEs

May 7, 2024

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…

Business

MediaTek unveils new flagship mobile chip in its Dimensity portfolio

May 7, 2024

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…

Business

Sterlite Power appoints Reshu Madan as CEO, Global Products & Services Business

May 7, 2024

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

Business

Happiest Minds’ net profit up 25 pc in Q4, on track to $1 billion revenue by FY31

May 7, 2024

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,…

Business

Musk calls for fully reusable rockets & spacecraft, as Boeing scrubs Starliner

May 7, 2024

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…

Business

S. Korea raises concerns over US inquiry on connected vehicle supply chains

May 7, 2024

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…

Business

Cloud security firm F5 appoints Pratik Shah as MD for India, SAARC region

May 7, 2024

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…

Business

Apple working on own AI chips for data centres: Report

May 7, 2024

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…

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