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Hyundai Motor develops automated vehicle press mold design system

Oct 16, 2024

Seoul, Oct 16 (IANS) Hyundai Motor Group said on Wednesday it has developed the world's first automated system for designing vehicle press molds, allowing drastic reduction in design time and quality improvement in the automobile production process.Press molds are tools used to produce exterior parts, such as trunks and hoods, and each part…

New Apple iPad mini built for Apple Intelligence launched

Oct 15, 2024

Cupertino (California), Oct 15 (IANS) Tech giant Apple on Tuesday introduced new iPad mini, driven by the A17 Pro chip and Apple Intelligence, along with striking features.Housing an ultraportable design, the new iPad mini is available in…

Business

India to make digital connectivity affordable for emerging economies: Piyush Goyal

Oct 15, 2024

New Delhi, Oct 15 (IANS) India has a key role to play in making technology available in the Global South and in leading the world in fulfilling the Sustainable Development Goal (SDG) to make digital connectivity affordable across the globe,…

Business

Global smartphone market grows 2 pc, iPhone 16 makes Apple biggest brand in Sep

Oct 15, 2024

New Delhi, Oct 15 (IANS) Global smartphone market grew 2 per cent in the July-September period – the first year-on-year growth in a third quarter since Q3 2018 -- as Apple became the biggest brand in September helped by early launch of…

Business

FM Sitharaman to visit Mexico and US to boost trade ties, woo investments

Oct 15, 2024

New Delhi, Oct 15 (IANS) In a bid to showcase India’s attractiveness as an investment destination and boost bilateral trade ties, Union Finance Minister Nirmala Sitharaman is set to embark on an official visit to Mexico and the US,…

Business

LG Energy wins deals to supply EV batteries for Ford

Oct 15, 2024

Seoul, Oct 15 (IANS) LG Energy Solution Ltd (LGES), South Korea's leading battery maker, said on Tuesday it has signed deals to supply batteries for Ford Motor’s commercial vehicles.In two separate contracts, LGES will supply 34 GWh…

Business

Indian markets end in red, auto and IT stocks under pressure

Oct 15, 2024

Mumbai, Oct 15 (IANS) The Indian benchmark indices closed in the red on Tuesday, as auto, IT, and PSU banks remained under pressure. The BSE Sensex closed at 81,820.12 after slipping 152.93 points or 0.19 per cent.NSE Nifty closed at…

Business

Insurance firm Acko reports losses at Rs 670 crore in FY24

Oct 15, 2024

New Delhi, Oct 15 (IANS) New-age insurance company ACKO has reported Rs 670 crore loss in financial year (FY) 2023-24, as the firm’s total expenses went up due to higher operational cost.In FY 2022-23, the company had suffered a loss of Rs…

Business

India’s domestic air passenger traffic clocks 5 pc growth, SpiceJet continues to lose share

Oct 15, 2024

New Delhi, Oct 15 (IANS) India’s domestic air passenger traffic reached 11.84 crore in the first nine months of the year, up against 11.28 crore during the corresponding period of the previous year, marking an annual growth of 4.99 per…

Business

Top industry leaders hail PM Modi’s vision for digital governance

Oct 15, 2024

New Delhi, Oct 15 (IANS) Top industry leaders on Tuesday lauded Prime Minister Narendra Modi for his visionary leadership, which has catalysed India’s remarkable digital transformation, hailing the government’s support towards reforms,…

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