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Microsoft invests $1.5 billion in UAE-based AI company G42

Apr 16, 2024

New Delhi, April 16 (IANS) Microsoft on Tuesday announced a $1.5 billion investment in the UAE-based artificial intelligence (AI) technology company, G42.Both companies will also support the establishment of a $1 billion fund for developers.The investment will strengthen collaboration on bringing the latest Microsoft AI technologies and skilling…

Mahindra unveils new nine-seater Bolero Neo+ starting at Rs 11.39 lakh

Apr 16, 2024

New Delhi, April 16 (IANS) Leading SUV manufacturer Mahindra & Mahindra on Tuesday unveiled the 9-seater 'Bolero Neo+' in two variants -- the P4 and the P10, at a starting price of Rs 11.39 lakh (ex-showroom). According to the company,…

Business

Morgan Stanley does not expect RBI to go for a rate cut in 2024-25

Apr 16, 2024

Mumbai, April 16 (IANS) Morgan Stanley economists do not expect the RBI to cut key interest rates in 2024-25 as the country is clocking a robust GDP growth and the US Fed has postponed its rate cut which could pose a risk to the Indian…

Business

IT stocks lead Sensex plunge of more than 600 points

Apr 16, 2024

Mumbai, April 16 (IANS) Weakness in IT shares are leading the Sensex plunge of more than 600 points on Tuesday. In the process, Sensex has breached the 73K mark. Sensex is trading at 72,782 points, down 617 points.IT heavyweights are…

Business

Healthcare-startup Medulance secures $3 mn Series A funding

Apr 16, 2024

New Delhi, April 16 (IANS) Emergency healthcare provider Medulance on Tuesday announced it has secured $3 million (about Rs 25 crore) in Series A funding.The funds, which come after running as a profitable bootstrapped company for six…

Business

Asus’s new dual-screen laptop ‘Zenbook DUO’ now available in India

Apr 16, 2024

New Delhi, April 16 (IANS) Taiwanese tech giant Asus on Tuesday said that its newly launched dual-screen laptop 'Zenbook DUO' is now available in India. Starting at Rs 1,59,990, the Zenbook DUO is now available for purchase on the…

Business

Godrej L’Affaire’s Sixth Edition Culminates with the Celebration of ‘All Things…

Apr 16, 2024

Godrej L'Affaire, a curated experiential luxury lifestyle platform by Godrej Industries Limited and Associate Companies, concluded its sixth edition

Business

Hewlett Packard Enterprise unveils ‘Made in India’ servers

Apr 16, 2024

New Delhi, April 16 (IANS) Hewlett Packard Enterprise (HPE) on Tuesday unveiled its 'Made in India' servers which are now being deployed at large scale to serve the growing demands of customers in the country.In July last year, HPE…

Business

Political stability, robust social security framework brought economic growth: NSE’s Ashish…

Apr 16, 2024

New Delhi, April 16 (IANS) If the Indian stock markets are considered among the best-performing ones in the world, it is due to the political stability and the creation of a robust social security framework the country has witnessed in…

Business

Govt hikes windfall tax on crude oil; ONGC & OIL to take hit

Apr 16, 2024

New Delhi, April 16 (IANS) The Government has hiked the windfall tax on crude oil to Rs 9,600 per metric ton with effect from Tuesday from Rs 6,800 earlier, as part of its fortnightly revision.Upstream oil exploration and production…

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