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Apple ecosystem employed over 1.5 lakh people directly since PLI in 2021: Union Minister

Apr 1, 2024

New Delhi, April 1 (IANS) The Apple ecosystem employed over 150,000 people directly since the production-linked incentive (PLI) scheme was approved in 2021, making it the country's largest blue-collar job creator, Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Monday. About 3 lakh people have been employed indirectly, with…

Adani Ports handles record 420 MMT cargo globally with impressive 24 pc growth

Apr 1, 2024

Ahmedabad, April 1 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) handled record 420 MMT (million metric tonne) cargo in FY24 (including international ports), which is an impressive 24 per cent growth (year-on-year), with domestic…

Business

This is best time to invest in India for entrepreneurs worldwide: Zoho’s Sridhar Vembu

Apr 1, 2024

New Delhi, April 1 (IANS) Sridhar Vembu, Founder and CEO of leading cloud software provider Zoho, said on Monday that this is the best time to invest in India for young entrepreneurs from all across the world.The sense of optimism is real…

Business

Homegrown products built on DPI to propel India towards $5 trillion economy: Experts

Mar 31, 2024

New Delhi, March 31 (IANS) Homegrown solutions and products built on top of the digital public infrastructure (DPI) by young entrepreneurs will pave the path towards India becoming a $5 trillion economy, industry experts said on Sunday.With…

Business

Markets to decide on trend after sharp Thursday movement

Mar 31, 2024

Mumbai, March 31 (IANS) The short and truncated week was eventful and dramatic. It was the end of the week, month, March futures expiry and also the end of the financial year 2023-24.Call it a bear trap, NAV propping exercise, year end…

Business

Small cap stocks surged 63 pc in FY24

Mar 31, 2024

New Delhi, March 31 (IANS) FY24 marked a rewarding period for the Indian market. Large caps recorded a substantial 33 per cent return, midcaps surged by 56 per cent, and small caps excelled with an impressive 63 per cent, as indicated by…

Business

Edge data centres in smaller cities a golden opportunity for India

Mar 31, 2024

New Delhi, March 31 (IANS) With the global data centre industry evolving significantly over time, within the Indian market, two noticeable trends are emerging - an increasing demand for colocation data centres and the emergence of newer…

Business

S. Korean govt mulls further cut in EV subsidies

Mar 31, 2024

Seoul, March 31 (IANS) The government is considering further cutting electric vehicle (EV) subsidies next year to instead use the funds to supplement insufficient charging infrastructure, sources said on Sunday.According to the sources,…

Business

Google to suspend political ads in S. Korea ahead of elections

Mar 31, 2024

Seoul, March 31 (IANS) Google has decided to suspend all politics-related advertisements on its services in South Korea ahead of the general election next month, according to industry sources.According to the sources, Google recently posted…

Business

Samsung Chairman Lee mourns death of Hyosung honorary chairman

Mar 30, 2024

Seoul, March 30 (IANS) Samsung Electronics Chairman Lee Jae-yong on Saturday expressed condolences following the death of Hyosung Group Chairman Emeritus, Cho Suck-rai.Lee, accompanied by his mother Hong Ra-hee, paid his respects at the…

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