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Andhra Minister seeks support of Pepsico’s ex-CEO to build brand AP

Oct 30, 2024

Amaravati, Oct 30 (IANS) Andhra Pradesh Minister for IT and Electronics, Nara Lokesh has requested former Chief Executive Officer (CEO) of Pepsico Indra Nooyi to help build brand Andhra Pradesh. Lokesh, who is currently on a visit to the United States, had a meeting with her on the campus of the IT Survey Synergy Summit in Las Vegas.According to…

Tata, JSW groups to invest over $30 billion in EV sector amid govt’s push: Report

Oct 30, 2024

New Delhi, Oct 30 (IANS) The Indian government continues to push for higher EV production in the country and for greater localisation of supply chains, which will be key to help the country reach the target of 30 per cent EV penetration by…

Business

Govt launches WAFX WAVES VFX Challenge to promote visual effects artists

Oct 30, 2024

New Delhi, Oct 30 (IANS) In a bid to promote the visual effects (VFX) ecosystem in India, the Ministry of Information and Broadcasting has launched the WAFX WAVES VFX Challenge, which will not only boost professional growth but also offer a…

Business

Indian stock market opens in red; selling seen in PSU bank, pharma sectors

Oct 30, 2024

Mumbai, Oct 30 (IANS) The Indian stock market opened in red for the second consecutive day on Wednesday as selling was seen in PSU bank and pharma sectors in early trade. Sensex was trading at 80,057.15 after falling 311.88 points or 0.39…

Business

India’s smartphone shipments up 3 pc in July-Sep, Samsung leads by value

Oct 30, 2024

New Delhi, Oct 30 (IANS) India’s smartphone volume grew by 3 per cent (year-on-year) in the third quarter (Q3 2024) this year, as Samsung led the market in terms of value with a 23 per cent share, closely followed by Apple with a 22 per…

Business

Chinese businesses stare at Rs 1.25 lakh crore loss this Diwali: CAIT

Oct 29, 2024

New Delhi, Oct 29 (IANS) The government’s ‘vocal for local’ initiative has resulted in Chinese businesses staring at a massive loss of at least Rs 1.25 lakh crore this Diwali, as the sales of Chinese goods related to the five-day festival…

Business

Companies expect 15 pc productivity gain on average with enterprise AI: Infosys

Oct 29, 2024

Bengaluru, Oct 29 (IANS) Enterprises expect an average boost of 15 per cent in productivity from their current artificial intelligence (AI) projects, with some even anticipating up to 40 per cent gains, a report said on Tuesday.However,…

Business

Indian gaming market to triple by 2029, surpass $9.8 billion: Report

Oct 29, 2024

New Delhi, Oct 29 (IANS) India’s gaming market is expected to leap from $3.7 billion in FY24 to an estimated $ 9.8 billion by FY29, with a robust CAGR of approximately 20 per cent, according to a report on Tuesday.The report, by 1Lattice, a…

Business

Broadband sector to drive telecom industry growth, create new jobs: Report

Oct 29, 2024

Bengaluru, Oct 29 (IANS) The rising demand for high-speed internet and data-driven services will boost growth in the broadband market, which is expected to witness a 9-10 per cent Compound Annual Growth Rate (CAGR) over the next few years,…

Business

Sensex rises on 2nd consecutive day, SBI and ICICI Bank top gainers

Oct 29, 2024

Mumbai, Oct 29 (IANS) India's equity market closed in the green on Tuesday as heavyweights like ICICI Bank and SBI led the gains.At Closing, Sensex was up 363 points or 0.45 per cent at 80,369 and Nifty 50 was up 127 points or 0.52 per cent…

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