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Technology

US investment firm Vanguard cuts Ola’s valuation to $1.25 billion as IPO faces uncertainty

May 9, 2025

New Delhi, May 9 (IANS) US-based asset management firm Vanguard has sharply reduced the valuation of ride-hailing company Ola to $1.25 billion, according to its latest filing with the US Securities and Exchange Commission (SEC).This marks a significant drop of over 80 per cent from Ola’s peak valuation of $7.3 billion in 2021.Earlier in February…

CCPA issues 13 notices to digital marketplaces against listing, sale of walkie-talkies

May 9, 2025

New Delhi, May 9 (IANS) The Central Consumer Protection Authority (CCPA) on Friday issued 13 notices to leading digital marketplaces like Amazon, Flipkart, Meesho and OLX against the listing and sale of walkie-talkies on their platforms…

Technology

Indian researchers develop smart cage to smoothen cattle transport

May 8, 2025

New Delhi, May 8 (IANS) Researchers from the Guru Gobind Singh College of Engineering and Research Centre in Maharashtra’s Nashik have developed a modular, flexible cattle cage to facilitate smooth cattle transport across the…

Technology

India needs reliable, scalable AI infrastructure: NITI Aayog

May 8, 2025

New Delhi, May 8 (IANS) With artificial intelligence (AI) adoption surging across sectors, the need for reliable, scalable and sustainable AI infrastructure in India has never been more urgent, NITI Aayog said on Thursday.Recognising the…

Technology

Tata Motors launches advanced vehicle scrapping facility in Kolkata to boost sustainable auto…

May 8, 2025

New Delhi, May 8 (IANS) Tata Motors on Thursday launched its latest Registered Vehicle Scrapping Facility (RVSF) in Kolkata to safely and sustainably dismantle up to 21,000 end-of-life vehicles each year.The launch marks Tata Motors’ eighth…

Technology

India pharma market sees 7.8 pc revenue growth in April: Report

May 8, 2025

New Delhi, May 8 (IANS) India’s pharmaceutical market (IPM) continues its growth in April with 7.8 per cent year-on-year (yoy) in revenue, according to a report on Thursday.The report, by rating agency India Ratings and Research (Ind-Ra),…

Technology

Centre launches portal to boost non-ferrous metal recycling ecosystem

May 7, 2025

New Delhi, May 7 (IANS) Union Minister of Coal and Mines, G Kishan Reddy, on Wednesday launched a dedicated non-ferrous metal recycling website and stakeholders' portal, to promote a structured, transparent and sustainable recycling…

Technology

C-DOT, CSIR-NPL sign MoU to boost joint research in classical and quantum communications

May 7, 2025

New Delhi, May 7 (IANS) In a major step toward strengthening India’s capabilities in advanced communication technologies, the Centre for Development of Telematics (C-DOT) and the CSIR-National Physical Laboratory (CSIR-NPL) on Wednesday…

Technology

India at the forefront of global energy transition: Piyush Goyal

May 6, 2025

New Delhi, May 6 (IANS) India is at the forefront of global energy transition and solar power alone has grown over 30 times in the last decade, Union Minister of Commerce and Industry, Piyush Goyal, said on Tuesday, adding that the country…

Technology

India’s 1st human spaceflight scheduled for first quarter of 2027: Minister

May 6, 2025

New Delhi, May 6 (IANS) India’s first human space mission 'Gaganyaan' has entered its final phase, with the first human spaceflight now scheduled for the first quarter of 2027, Union Minister Dr Jitendra Singh said on Tuesday.Dr Singh said…

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