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Happy over IREDA’s excellent second-quarter results: Joshi

Oct 12, 2024

Hubballi (Karnataka), Oct 12 (IANS) The Indian Renewable Energy Development Agency (IREDA) has created a new revolution in the clean energy sector and Union Minister Pralhad Joshi on Saturday expressed happiness over the "excellent second-quarter results." “I am happy over IREDA's excellent second-quarter results,” stated Union Minister for New and…

Ivory Coast and Ghana ink deal to deepen cooperation on cocoa, cashew nuts

Oct 12, 2024

Abidjan, Oct 12 (IANS) Ivory Coast (also known as Cote d'Ivoire) and Ghana have agreed to deepen their cooperation in the fields of cultivation, processing, and marketing of cocoa and cashew nuts, both key products of the agricultural…

Business

Hyundai Motor India to invest Rs 32,000 cr in India, predicts strong EV market growth

Oct 12, 2024

New Delhi, Oct 12 (IANS) IPO-bound Hyundai Motor India Ltd (HMIL) has earmarked investments worth around Rs 32,000 crore for India till 2032, as the company predicts a strong and steady EV market growth till 2030.The company seeks to raise…

Business

US sanctions Indian company for involvement in ‘Ghost Fleet’ transporting Iranian oil

Oct 12, 2024

New York, Oct 12 (IANS) The United States has sanctioned an Indian ship services company for allegedly being involved in the transport of petroleum from Iran through a "Ghost Fleet" in defiance of restrictions on Tehran.The State Department…

Business

Centre releases grants worth Rs 2,255 cr for rural development in Andhra Pradesh, Rajasthan

Oct 12, 2024

New Delhi, Oct 12 (IANS) In a major boost for rural development, the government on Saturday said it has released the first instalment of the 15th Finance Commission grants worth more than Rs 2,255 crore for the current fiscal to the rural…

Business

Aviation giant Boeing to cut 10 pc of its workforce amid rough path ahead

Oct 12, 2024

San Francisco, Oct 12 (IANS) Aviation giant Boeing is laying off nearly 10 per cent of its workforce, around 17,000 jobs, as it makes structural changes to stay competitive.Boeing President and CEO, Kelly Ortberg, sent an email to staff,…

Business

Apple researchers question AI’s reasoning ability in mathematics

Oct 12, 2024

New Delhi, Oct 12 (IANS) A team of Apple researchers has questioned the formal reasoning capabilities of large language models (LLMs), particularly in mathematics.They found that LLMs exhibit noticeable variance when responding to different…

Business

BJP’s strong performance in assembly polls brought optimism to domestic market: Experts

Oct 12, 2024

Mumbai, Oct 12 (IANS) The ruling party’s stronger-than-expected performance in the assembly elections brought a degree of optimism to the domestic stock market this week amid global geo-political uncertainties, analysts said on Saturday.The…

Business

Renault Korea, union reach wage deal after labour strike

Oct 12, 2024

Seoul, Oct 12 (IANS) The management and union of Renault Korea Motors, the South Korean unit of Renault, has sealed a wage deal after an extended labour strike over wages and working conditions.Unionised workers of Renault Korea engaged in…

Business

Sensex closes down by 230 points, auto and finance shares fall

Oct 11, 2024

Mumbai, Oct 11 (IANS) India frontline equity indices closed lower on Friday as finance shares and TCS weighed on them. At closing, Sensex was down 230 points, or 0.28 per cent, at 81,381 and Nifty was down 34 points, or 0.14 per cent, at…

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