India, European Commission sign MoU on semiconductors
New Delhi: India and the European Commission on Friday achieved a significant milestone in their technological partnership by signing a Memorandum of Understanding (MoU) on semiconductors.
Finance
Tata Technologies IPO gets strong response; gets subscribed 69.43 times
Mumbai: Tata Technologies initial public offering (IPO), the first from Tata Group since the Tata Consultancy Services IPO in 2004, garnered full subscription just within the first few hours of opening.
Adani-Hindenburg case: SC withholds judgment, indicates it would give directions to SEBI
New Delhi: The Supreme Court on Friday withheld its decision on the Adani-Hindenburg row, and Chief Justice of India (CJI) DY Chandrachud suggested that directives may be issued to the Securities and Exchange Board of India (SEBI) as part of the resolution, Moneycontrol reported.
Indian Market: Sensex declines 47.77 points
The BSE Sensex on Friday lost 47.77 points to settle at 65,970.04, as selling was seen in technology, IT, oil & gas, and FMCG stocks.
Nirmala Sitharaman to inaugurate Aayakar Bhawan of IT Dept
Kochi/UNI: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will inaugurate the newly constructed Aayakar Bhawan of the Income Tax Department at a private hotel here on Friday.
After Sam Altman's return, OpenAI's board of directors replaced entirely except...
Sam Altman’s stunning exit and equally dramatic return as OpenAI’s CEO on late Tuesday was followed by a complete change in the board of directors.
How to Choose the Best Fixed Deposit Scheme for Your Financial Goals?
When it comes to safe and reliable investment options, Fixed Deposits (FDs) stand out as a popular choice among investors in India. Known for their stability and guaranteed returns, FDs are an excellent way to secure your financial future. However, choosing the right Fixed Deposit scheme is crucial to stay on track with your financial goals.
Income Tax Commissioner confirms tax demand of Rs 1,666 cr on IndiGo
New Delhi: The Commissioner of Income Tax-Appeals has affirmed a tax demand of nearly Rs 1,666 crore on Interglobe Aviation, the parent company of IndiGo airlines, as disclosed in a notice to stock exchanges on Wednesday, Moneycontrol reported.
Tata Power adds 60,000+ home EV chargers in Q2FY24
Kolkata: Tata Power has added 11,529 new EV Home Chargers in the second quarter of FY24.
Banking liquidity shortage widens to Rs 1.74 trillion
Mumbai: The liquidity deficit in India's banking system widened on Tuesday to its highest level in almost five years due to monthly goods and services tax payments.
Coca-Cola India forays into ready-to-drink tea beverage segment
Kolkata: Coca-Cola India announced its entry into the ready-to-drink tea market through the introduction of 'Honest Tea,' a brand owned by a subsidiary of the Coca-Cola Company 'Honest', media reported.
Taxman slaps GST demand of Rs 750 cr on Swiggy and Zomato
The Directorate General of GST Intelligence has sent Goods and Services Tax (GST) demand notices to the food aggregators Zomato and Swiggy, media reports said on Wednesday.
Adobe buys Bengaluru-based AI firm Rephrase.ai
Bengaluru: Adobe has bought Rephrase.ai, a Bengaluru-based company known for its artificial intelligence (AI)-based video creation platform. An internal communication at Adobe has verified this acquisition by the major US software company, reported ET.
National Stock Exchange and West govt sign MoU to facilitate fundraising for SMEs in the State
Kolkata: The National Stock Exchange (NSE) and the West Bengal government have signed a Memorandum of Understanding (MoU) to spread awareness amongst MSMEs of the state regarding fundraising via the IPO mechanism using NSE Emerge which is the SME platform of NSE.
Uber to run buses in Kolkata; partners with West Bengal govt
Ridesharing app Uber and the Transport Department, Government of West Bengal, on Wednesday, signed a Memorandum of Understanding (MoU) to launch ‘Uber Shuttle’ - a bus service for daily commute - in Kolkata.
Sensex advances 92.47 points
The BSE Sensex on Wednesday gained further by 92.47 pts to close high at 66,023.24 as renewed buying was seen in Power, Consumer Durable, Auto and Health Care stocks.
Pakistan: Three die in IED blast in Balochistan
An improvised explosive device (IED) planted on the roadside exploded in Pakistan's Hoshab area in Balochistan on Sunday which left at least three people dead, media reports said on Wednesday.
Sam Altman returns to Open AI as CEO after a nearly weeklong dilemma following his removal
Ending all dilemmas, Open AI on Wednesday (November 22, 2023) said Sam Altman, who was recently fired from the company, will return to the firm as its CEO.
Bharti Airtel urges customers to switch to e-SIM
New Delhi: Telecom major Bharti Airtel in a customer letter on Tuesday underscored the advancements in mobile technology with embedded SIMs (e-SIMs) and encouraged Airtel users to make the switch to an e-SIM.
India and Tesla inching closer to a 'Make In India' deal: Report
New Delhi: India is nearing a deal closure with Elon Musk’s Tesla Inc. to enable the American automaker to export its electric vehicles to the country starting next year and establish a manufacturing facility within two years, Bloomberg reported citing sources familiar with the developments.
Tata Technologies IPO: Anchor investors subscribe shares worth Rs 791 cr
Mumbai: Tata Technologies, a global engineering services firm, garnered Rs 791 crore from 67 investors through the anchor book on Tuesday, just a day ahead of the Tata Group's first IPO in nearly two decades. The funds were secured at the upper end of the Rs 475-500 price range, reported Moneycontrol.
Reliance Industries invested Rs 45,000 cr investment in Bengal; Rs 25,000 cr more in next 3 yrs: Mukesh Ambani
Kolkata: Reliance Industries Chairman Mukesh Ambani Tuesday announced that the oil-to-telecom conglomerate has committed an investment of around Rs 45,000 crore in West Bengal, Moneycontrol reported.
Indian airline companies increasingly leaning towards local suppliers for non-critical aircraft components: Report
New Delhi: In the wake of disruptions in flight operations caused by a shortage of spare parts amid global supply chain difficulties, Indian aviation companies are increasingly seeking non-critical aircraft components from domestic suppliers, Mint reported citing industry sources.
Wipro joins hands with NVIDIA to integrate generative AI in healthcare
Bengaluru: Leading IT firm Wipro on Tuesday announced a partnership with chip-maker NVIDIA aimed at expediting the integration of generative artificial intelligence (AI) in healthcare enterprises.
Enforcement Directorate confirms issue of show cause notice against Byju's in FEMA violation case
New Delhi: The Enforcement Directorate (ED) Tuesday officially confirmed the issuance of a show cause notice to the edtech firm Think and Learn Private Limited, as well as to Byju Raveendran, in connection with a FEMA violation case.
OneWeb India gets space regulator IN-SPACe's approval for commercial satellite broadband services
Mumbai: OneWeb India, backed by the Bharti Group, Tuesday announced that it has obtained the mandatory approvals from the Indian Space Promotion and Authorisation Centre (IN-SPACe) to start the deployment of Eutelsat OneWeb's commercial satellite broadband services in India.
DSP Mutual Fund launches DSP Banking & Financial Services Fund
DSP Mutual Fund announced the launch of DSP Banking & Financial Services Fund (DSP BFSF), an open-ended scheme that offers investors an opportunity to partake in the long term structural opportunity in the banking and financial services space.
US tech majors Apple, and Microsoft ranked most expensive brands worldwide in 2023
US tech giants Apple and Microsoft remain the most expensive brands worldwide, with their brand value standing at $502.7 billion and $316.7 billion, respectively, the Interbrand Best Global Brands 2023 ranking showed on Tuesday.
Indian Market: Sensex moves up by 275.62 pts
The BSE Sensex on Tuesday surged 275.62 pts to close high at 65,930.77 on the strength of Realty, Auto and Consumer Durable stocks.
Sam Altman's removal: 500 Open AI employees demand resignation of current board members, threatens to quit
Five hundred Open AI employees have expressed their intention to join Microsoft if Sam Altman, the former CEO of OpenAI, and Greg Brockman, a co-founder of OpenAI, are not reinstated.