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IndiGo net profit doubles to Rs 1,895 crore in Jan-March quarter

May 23, 2024

New Delhi, May 23 (IANS) Interglobe Aviation Ltd, the parent company of leading low-cost airline IndiGo, on Thursday, reported a two-fold jump in net profit to Rs 1,894.8 crore for the January-March quarter of 2023-24 compared to the corresponding figure of Rs 919 crore for the same quarter last year, flying into its sixth straight quarter in…

80 pc of Indian firms planning to invest in GenAI within next 1 to 2 yrs: Report

May 23, 2024

New Delhi, May 23 (IANS) With generative artificial intelligence (GenAI) emerging as a top-of-mind priority for businesses, over 80 per cent of Indian enterprises are planning to invest in GenAI within the next 1–2 years, a new report said…

Business

Robust policies spurred tech innovations under PM Modi: Lakshmi Puri

May 23, 2024

New Delhi, May 23 (IANS) Robust government policies have greatly enhanced the entrepreneurial spirit and spurred technological innovations under Prime Minister Narendra Modi’s leadership, Lakshmi Murdeshwar Puri, former Assistant Secretary…

Business

Tech Mahindra, Japan’s Fuji TV to co-develop content for global entertainment industry

May 23, 2024

New Delhi, May 23 (IANS) Tech Mahindra on Thursday announced a strategic partnership with Japan's leading broadcaster Fuji TV to co-develop and produce content across genres for the global entertainment industry.The collaboration aims to…

Business

Paytm launches new ad campaign to promote its core payment solutions for consumers, merchants

May 23, 2024

New Delhi, May 23 (IANS) One97 Communications Limited (OCL), which owns leading payments and financial services company Paytm, on Thursday launched a new ad campaign to enhance existing user engagement by showcasing the company’s reliable…

Business

85 pc of Indian professionals optimistic about promotions, pay hikes in 2024: Report

May 23, 2024

New Delhi, May 23 (IANS) About 85 per cent of Indian professionals are optimistic about promotions, career changes and salary hikes in 2024, a new report showed on Thursday.According to the online boot camp for digital skills Simplilearn,…

Business

Nifty at all-time high, Sensex jumps over 750 points

May 23, 2024

Mumbai, May 23 (IANS) Indian equity indices were in an uptrend on Thursday following strong domestic cues.At 1:00 p.m., Sensex was up 800 points, or 1.08 per cent at 75,023 and Nifty was up 246 points, or 1.09 per cent, at 22,843…

Business

NHAI likely to rake in Rs 60,000 crore via monetisation of road projects in 2024-25: ICRA

May 23, 2024

New Delhi, May 23 (IANS) NHAI has a monetisation potential of Rs 53,000 to 60,000 crore from the sale of 33 road assets through the toll-operate-transfer and Infrastructure Investment Trust mode that it has lined up for the financial year…

Business

Ex-Wipro CEO becomes highest-paid exec in Indian IT industry for FY24, earns over Rs 165 cr

May 23, 2024

New Delhi, May 23 (IANS) Former Wipro Chief Executive Officer (CEO) and Managing Director (MD) Thierry Delaporte has become the highest-paid CEO in the Indian IT industry for FY24 as he earned more than $20 million (or over Rs 165…

Business

Fintech platform ProsParity raises funds from BEENEXT, other investors

May 23, 2024

New Delhi, May 23 (IANS) Fintech platform ProsParity on Thursday said that it raised $2 million in a pre-seed funding round from global institutional investors such as BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle…