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TN to establish Artificial Intelligence Mission for leveraging AI

Feb 19, 2024

Chennai, Feb 19 (IANS) Tamil Nadu Finance Minister Thangam Thennarasu on Monday said that the state would establish an Artificial Intelligence (AI) Mission to develop guidelines for constructively leveraging AI in education, employment, industry, research and medicine. The AI Mission will also establish clear protocols for its utilisation.It will…

IREDA inks pact with PNB for financing green energy projects

Feb 19, 2024

New Delhi, Feb 19 (IANS) Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have signed a Memorandum of Understanding (MoU) on Monday aimed at advancing renewable energy initiatives across the nation. The…

Business

Domestic manufacturing set to pick up in India: Capitalmind’s Deepak Shenoy

Feb 19, 2024

New Delhi, Feb 19 (IANS) Buoyed by the Production-Linked Incentive (PLI) schemes offered by the government and increased spending on infrastructure, domestic manufacturing activities are expected to pick up in the country, says Deepak…

Business

Govt brings small fishermen on board e-market, consumers to get direct access

Feb 19, 2024

New Delhi, Feb 19 (IANS) The Department of Fisheries on Monday signed a Memorandum of Understanding (MoU) with Open Network for Digital Commerce (ONDC) to promote digital marketing of fish and other aquatic produce which will give a big…

Business

Novartis India shares jump more than 6% after parent company announces strategic review

Feb 19, 2024

New Delhi, Feb 19 (IANS) Novartis India shares jumped more than 6 per cent on Monday after the parent company, Novartis AG announced a strategic review of its Indian arm. Novartis India was trading at Rs 1,100, up 6.23 per cent on BSE.…

Business

Democratisation of profits underway in India Inc

Feb 19, 2024

New Delhi, Feb 19 (IANS) The Nifty profit after tax growth of 16% year on year was significantly below that of the BSE 500 (26% YoY), reinforcing our thesis of democratisation of profits and reinforcing our positive view on small and mid…

Business

Small and mid cap index continue to outperform large cap index

Feb 19, 2024

New Delhi, Feb 19 (IANS) Mid-cap and small cap index continue to outperform the large cap index on both one month and one year period, as per a report by Tata Mutual Fund. For the year ending January 2024, Realty (108%) and PSU Bank (57%)…

Business

AI will create more jobs than it destroys: IBM India

Feb 19, 2024

New Delhi, Feb 19 (IANS) As generative artificial intelligence (AI) begins to threaten certain jobs, Sandip Patel, Managing Director, IBM India/South Asia, has said that AI will actually create more job options that it destroys.Speaking to…

Business

Indian founders meet Nvidia CEO as part of Peak XV’s AI focused trip

Feb 18, 2024

New Delhi, Feb 18 (IANS) Indian founders of venture capital fund Peak XV (earlier Sequoia Capital India and Southeast Asia) have met the CEO of chip-maker Nvidia Jensen Huang at the company's campus in the Bay Area in the US as part of an…

Business

350 artistes to perform on 14 stages from airport to the programme venue for GBC guests

Feb 18, 2024

Lucknow, Feb 18 (IANS) When the guests at the Ground Breaking Ceremony 4.0 will touch down at the Lucknow airport on Monday and travel to the Indira Gandhi Pratishthan (IGP) which is the venue for the event, they will be greeted by…

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