94 pc of Indian IT leaders expect higher budget allocation for GenAI initiatives: Report
About 94 per cent of Indian IT leaders anticipate increased budget allocations towards generative artificial intelligence (GenAI) initiatives within th......
Tag : Corporate News
Razorpay ‘UPI Switch’ with Airtel Payments Bank to power 10K transactions a second
Fintech major Razorpay on Tuesday launched its own Unified Payments Interface (UPI) infrastructure with 'UPI Switch' -- a next-generation cloud-based i......
India’s economic activity surges to 14-year high in April: HSBC survey
economic activity surged close to a 14-year high this month on the back of a strong performance of the manufacturing and services sectors, according to......
Air India, All Nippon Airways sign codeshare agreement
Tata-owned Air India and Japanese carrier All Nippon Airways have signed a codeshare agreement connecting their networks, enhancing flight selections b......
Reliance Retail records gross revenues of Rs 3.06 lakh crore for FY24
Reliance Retail has delivered a resilient performance with another year of strong revenue growth and profit. The business recorded gross revenues of Rs......
Ola becomes 1st to launch ride-hailing operations at Ayodhya Airport
Ride-hailing company Ola on Monday launched cab operations at Maharishi Valmiki International Airport in Ayodhya. Ola founder Bhavish Aggarwal on Linke......
Jio posts net profit of Rs 5,337 crore in January-March quarter
Jio Infocomm Ltd's net profit rose to Rs 5,337 crore in the January-March quarter, marking a 2.5 per cent rise over the preceding quarter on...
Reliance Industries becomes first Indian company to cross Rs 1 lakh crore threshold in pre-tax profits
Reliance Industries Limited (RIL) has reported gross revenues of Rs 10 lakh crore ($119.9 billion) for the year ended March 2024, up 2.6 per cent...
HP joins INDO-MIM to mass produce complex metal parts in India
In a boost to the ‘Make in India’ initiative, PC and printer major HP on Monday said that it partnered with Metal Injection Molding (MIM)...
Investments in AI firms disrupting insurance sector reach $2 billion
Investments in AI technology companies aimed at disrupting the insurance sector surged by 18 per cent (year-on-year) in 2023, reaching nearly $2 billio......
Hyundai Motor signs 174-MW renewable energy deal for EV plant in US
Motor Group said on Monday it has signed a 174-megawatt power purchase agreement (PPA) with a solar energy project led by Spain's Matrix Renewables to......
India among top countries in artificial intelligence adoption
As the Asia-Pacific region experiences a surge in the adoption of Generative AI (GenAI), India is set to join the most rapidly expanding markets in...
IREDA posts 45 pc jump in net profit at Rs 1,252 crore for 2023-24
Indian Renewable Energy Development Agency Ltd. (IREDA) on Saturday reported a 44.83 per cent jump in net profit to Rs 1,252.23 crores for the financia......
HDFC Bank posts Rs 16,511 crore net profit in Q4, declares dividend of Rs 19.5 per share
The country's largest private sector lender HDFC Bank on Saturday reported a net profit of Rs 16,511 crore for the January-March quarter of the financi......
India highlights need for stable oil prices in talks with OPEC
Petroleum Minister Hardeep Singh Puri emphasised the importance of market stability and affordability in the oil market during a telephonic conversatio......
Wipro net profit dips 8 pc to Rs 2,835 crore in Jan-March quarter
IT software major Wipro on Friday reported an 8 per cent net profit of Rs 2,835 crore for the Jan-March quarter of 2023-24 compared to...
Indian insurance industry in FY24: Non-life grew by 12.8 pc, life at 2 pc
The Indian insurance industry closed FY24 logging a higher growth rate, with the non-life sector growing at 12.8 per cent and the life sector at...
Air India suspends flights to and from Dubai till April 21
Suspension of Tata-owned Air India flights to and from Dubai will continue till Sunday, the airline said on Friday. Following severe flooding in Dubai,......
Air India suspends flights to Tel Aviv till April 30 over Iran-Israel conflict
Air India on Friday extended the suspension of its flight services to Israel's capital Tel Aviv till April 30, in the wake of prevailing conflict...
Dell launches AI-powered commercial PC portfolio in India
Dell Technologies on Friday launched the new portfolio of commercial artificial intelligence (AI)-powered laptops and mobile workstations in India. Thi......