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IPG, ICPA express concern over Air India’s alleged threats against sick pilots

Jan 1, 2024

New Delhi, Jan 1 (IANS) The Indian Pilots' Guild (IPG) and the Indian Commercial Pilots' Association (ICPA) have jointly voiced their concern regarding the Tata Group-owned Air India's alleged threat to take "appropriate measures" against cockpit staff who report sick for duty. In a letter addressed to Air India's Senior Vice President for Flight…

ChatGPT garners 60% of AI industry’s 24 bn traffic: Report

Jan 1, 2024

New Delhi, Jan 1 (IANS) OpenAI's chatbot ChatGPT has garnered 60 per cent of the AI industry traffic as the top 50 artificial intelligence (AI) tools attracted over 24 billion visits between September 2022 and August 2023, according to a…

Business

Ola Electric clocks highest ever monthly registrations in Dec 2023, crosses 30K mark

Jan 1, 2024

New Delhi, Jan 1 (IANS) Ola Electric on Monday announced that it clocked its highest ever monthly registrations in December 2023 -- recorded 30,219 registrations and captured a 40 per cent market share in the EV 2W segment (as per VAHAN…

Business

Healthtech firm Pristyn Care’s revenue up 45% in FY23, losses at Rs 383 cr

Jan 1, 2024

New Delhi, Jan 1 (IANS) Healthcare unicorn Pristyn Care registered a 45 per cent growth in revenue to Rs 453 crore in FY23, as its losses grew at 38.2 per cent to Rs 383 crore in the last fiscal year. The Tiger Global-backed firm’s…

Business

RBI Deputy Governor flags risks of using AI in banking sector

Jan 1, 2024

New Delhi, Jan 1 (IANS) RBI Deputy Governor M. Rajeshwar Rao on Monday said that development and deployment of AI models in the banking sector need close human supervision commensurate with the risks that can materialise from employing the…

Business

FMCG, IT stocks lead Sensex higher

Jan 1, 2024

New Delhi, Jan 1 (IANS) FMCG and IT stocks were firm in afternoon trade on Monday, pushing the Sensex into the green.After being in the red during morning trade, Sensex was up 173 points at 72,410 points with Nestle being the top…

Business

Cybersecurity firm TAC Security to go public, aims for Rs 100 cr revenue by 2026

Jan 1, 2024

New Delhi, Jan 1 (IANS) Cybersecurity firm TAC Security on Monday said that the company is exploring capital raising options, including an Initial Public Offering (IPO) in early 2024 and eyeing revenue of Rs 100 crore by 2026.Beeline…

Business

We Founder Circle leads early-stage funding in Indian startups in 2023

Jan 1, 2024

New Delhi, Jan 1 (INAS) Founders-led investment firm We Founder Circle (WFC) on Monday said it invested in 103 deals across 82 startups in 2023, thus becoming the largest angel investor network in the country.WFC has invested in a total of…

Business

PSU stocks top gainers in a flat market

Jan 1, 2024

New Delhi, Jan 1 (IANS) PSU stocks are top gainers in trade on Monday in a flat market.BSE CPSE index is top gainer with a gain of 1.5 per cent. Among the index constituents, stocks are up by up to 8 per cent.KIOCL is up 8 per cent, Railtel…

Business

Foreign net purchases of Samsung Electronics reach all-time high

Jan 1, 2024

Seoul, Jan 1 (IANS) Foreign investors' net purchases of Samsung Electronics stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed on Monday.Offshore investors…

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