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Larsen & Toubro divests entire stake in L&T Infrastructure Development Projects

Apr 11, 2024

New Delhi, April 11 (IANS) Engineering major Larsen & Toubro (L&T) has announced the completion of the divestment of L&T Infrastructure Development Projects Limited (LTIDPL), a joint venture of Larsen & Toubro Limited and Canada Pension Plan Investment Board (CPP Investments) holding 51 per cent and 49 per cent shares…

India records 17 pc jump to become 4th largest exporter of digital services: WTO report

Apr 11, 2024

New Delhi, April 11 (IANS) India registered a 17 per cent jump in the export of digitally delivered services to a staggering $257 billion to become the world's fourth-largest exporter in the segment, according to the latest Global Trade…

Business

Apple sends notifications to users in 92 nations, including India, about ‘mercenary spyware’

Apr 11, 2024

New Delhi, April 11 (IANS) Tech giant Apple on Thursday sent threat notifications to select users in 92 countries, including some in India, who may have been targeted using ‘mercenary spyware’ like Pegasus from the NSO Group. Mercenary…

Business

Corporate earnings growth in India shows signs of contraction

Apr 11, 2024

New Delhi, April 11 (IANS) Indian markets may be in for a phase of earnings contraction coupled with above average valuations, say analysts.Earnings growth in India is showing signs of contraction, with EPS growth expected to moderate to…

Business

Google Gemini AI arriving on OnePlus, OPPO smartphones

Apr 11, 2024

New Delhi, April 11 (IANS) Smartphone manufacturers OnePlus and OPPO on Thursday announced that they have teamed up with Google to debut the tech giant's Artificial Intelligence (AI) model, Gemini 1.0 Ultra, into their devices.They also aim…

Business

We were asked to suspend accounts of sitting Brazilian politicians, journalists: Musk

Apr 11, 2024

New Delhi, April 11 (IANS) Elon Musk on Thursday claimed that the X platform was asked to suspend accounts of sitting members of the Brazilian Parliament and journalists, as the US government now looks into possible law violations in the…

Business

NSE’s Ashish Chauhan, Zoho’s Sridhar Vembu appointed UGC members for three years

Apr 11, 2024

New Delhi, April 11 (IANS) The University Grants Commission (UGC), under the Ministry of Education, has appointed Ashish Kumar Chauhan, MD and CEO of National Stock Exchange (NSE) and Sridhar Vembu, CEO of Zoho Corporation as members of the…

Business

Naver Cloud joins Intel to create AI chip ecosystem

Apr 11, 2024

Seoul, April 11 (IANS) Naver Cloud, the cloud computing arm of South Korea's tech giant Naver, said on Thursday it will join hands with US chipmaker Intel to create an artificial intelligence (AI) chip software ecosystem.The two companies…

Business

Calcutta HC orders execution of arbitration award against Hindustan Copper

Apr 11, 2024

Kolkata, April 11 (IANS) The Calcutta High Court has directed the execution of a foreign award against Hindustan Copper Ltd (HCL) in India that had arisen out of a two-tier arbitration in relation to an agreement between HCL and US-based…

Business

Delhi HC rules on profit sharing, release of film ‘Amar Singh Chamkila’

Apr 11, 2024

New Delhi, April 10 (IANS) The Delhi High Court, ruling on the profit sharing and release of the film "Amar Singh Chamkila'', produced by Reliance Entertainment Studios and streaming on Netflix, directed the former to allocate 50 per cent…

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