Business Archives - Page 2 Of 494 - Eastern Mirror
Wednesday, May 29, 2024
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AICTE, Skillible’s new tech programme to upskill & reskill 1 mn Indian students

NEW DELHI — The All India Council for Technical Education (AICTE), under the Ministry of Education, on Tuesday joined hands with Skillible, a technology platform for experiential learning, to launch a novel initiative SAMBAV (Skillible’s Acad...

21 May 2024

SAIL records highest ever revenue of INR 105,375 crore in 2023-24

NEW DELHI Government-owned Steel Authority of India Limited (SAIL) has recorded its highest-ever revenue from operations at INR 105,375 crore during the financial year 2023-24. The company had recorded a revenue of INR 104,447 crore in 2022-23, accor...

21 May 2024

Hyundai’s car selling prices soared over past 5 yrs, shows data

SEOUL — Hyundai Motor’s vehicle selling prices soared over the past five years due to a weak won (South Korean currency), higher costs and high-end models, the company’s data showed on Monday. In the domestic market, the average selling...

20 May 2024

NSE, BSE closed today on account of LS elections

MUMBAI — NSE and BSE will remain closed on Monday due to Lok Sabha elections in Mumbai.  According to the Bombay Stock Exchange (BSE) trading holiday calendar, all the segments of the markets will remain shut, including SLB and derivatives. Mumbai...

20 May 2024

Food regulator cautions traders not to use Calcium carbide for fruit ripening

NEW DELHI — Keeping the use of banned calcium carbide in concern, the Food Safety and Standards Authority of India (FSSAI) has alerted fruit traders to strictly ensure compliance with the prohibition on calcium carbide for artificial ripening of fr...

19 May 2024

Dr Reddy’s, Sun Pharma, Aurobindo recall products in US due to manufacturing issues

NEW DELHI — Drug makers Dr Reddy’s Laboratories, Sun Pharma and Aurobindo Pharma are recalling their products in the US due to manufacturing issues. According to the latest Enforcement Report by the US Food and Drug Administration (USFDA), Dr...

19 May 2024

South Korea’s exports of instant noodles surpass $100 mn for 1st time

SEOUL — South Korea’s exports of instant noodles surpassed the $100 million mark for the first time last month on the growing popularity of Korean culture and food, data showed on Sunday. Exports of instant noodles, or “ramyeon” i...

19 May 2024

Elon Musk launches Starlink in Indonesia

NEW DELHI — Tesla and SpaceX CEO Elon Musk, on Sunday, launched his satellite-based internet service provider Starlink in Indonesia, with the aim to improve access in remote parts of the archipelago. “Honoured to launch @Starlink in Indonesia...

19 May 2024

South Korea’s exports of instant noodles surpass $100 mn for 1st time

SEOUL — South Korea’s exports of instant noodles surpassed the $100 million mark for the first time last month on the growing popularity of Korean culture and food, data showed on Sunday. Exports of instant noodles, or “ramyeon” i...

19 May 2024

India needs to forge global partnerships in shaping telecom standards: Industry stakeholders

NEW DELHI — The country needs to forge global partnerships and align with international best practices in telecommunications standards, industry stakeholders have said, as India prepares to host World Telecommunication Standardisation Assembly (WTS...

18 May 2024

AI-driven sustainable development needs tech deployment across economic, social sectors: DoT

NEW DELHI — Sustainable development, driven by Artificial Intelligence (AI) will require technology deployment across economic and social sectors, Dr Neeraj Mittal, Telecommunications Secretary, has said. Highlighting that sustainable development w...

18 May 2024

India hot investment destination for Western corporate giants: UN report

NEW DELHI — India has become an alternative investment destination for many Western companies, according to the latest World Economic Situation and Prospects report of the UN. The report which has increased the forecast of India’s GDP growth by 0...

18 May 2024

Not just Tesla, we’re expecting good response from several EV makers: DPIIT Secy

NEW DELHI — While all eyes are on Elon Musk-run Tesla to make its entry into India, the government is expecting a good response from several automobile majors on the electric-vehicle (EV) policy, Rajesh Kumar Singh, Secretary in the Department for ...

18 May 2024

Stock market special session today, Sensex jumps 120 points

MUMBAI — Indian equity indices opened in green on Saturday, following positive global cues. At 9:50 a.m., Sensex was up by 120 points or 0.15 per cent at 74,037 points, and Nifty was up 36 points or 0.16 per cent at 22,503 points. The market is ope...

18 May 2024

AI-driven sustainable development needs tech deployment across economic, social sectors — DoT

NEW DELHI — Sustainable development, driven by Artificial Intelligence (AI) will require technology deployment across economic and social sectors, Dr Neeraj Mittal, Telecommunications Secretary, has said. Highlighting that sustainable development w...

18 May 2024

Govt’s ONDC and WinZO partner to boost digital commerce in India

NEW DELHI — The government-run Open Network for Digital Commerce (ONDC) on Friday announced a partnership with online gaming platform WinZO to democratise access to digital commerce and foster transparent and fair market access. WinZO is the first ...

17 May 2024

Paytm travel carnival offers deals on domestic flights, discounts on train, bus bookings

NEW DELHI — Financial services company Paytm on Friday launched ‘Paytm Travel Carnival’, offering exclusive summer deals and discounts on travel bookings, including flights, trains, and buses. The special sale will be live between May 1...

17 May 2024

Maruti Suzuki launches fourth generation Swift in Nagaland

DIMAPUR — Maruti Suzuki on Friday launched the fourth generation of the Swift hatchback segment at the Progressive Motors in Dimapur. The 2024 model dubbed as Maruti Suzuki ‘Epic New Swift’ was unveiled by musician and entrepreneur Alobo Naga a...

17 May 2024

​UN raises India’s 2024 growth rate to 6.9 pc; remains world’s fastest-growing large economy

UNITED NATIONS — Indian economy’s growth rate projection for this year has been raised by 0.7 per cent to 6.9 per cent from the forecast made in January by the UN and it retains its position as the world’s fastest-growing large economy....

17 May 2024

India’s steel, aluminium exports to US likely to rise as China faces tariff wall

NEW DELHI — With US President Joe Biden announcing a steep hike in tariffs on $18 billion worth of Chinese goods, an opportunity has opened up for India to increase its exports of items such as steel and aluminium as well as medical goods such as f...

16 May 2024

Amazon faces 2 lawsuits in US over ‘dark patterns’ as India prepares guidelines

NEW DELHI — As the Indian government aims to curb the use of ‘dark patterns’ on e-commerce platforms, the US state of Arizona has filed two new lawsuits against Amazon, accusing the e-tailing giant of deceiving consumers with “dark patter...

16 May 2024

iQOO launches new smartphone with 6,000mAh battery in India

NEW DELHI — Smartphone brand iQOO on Thursday launched a new smartphone under its Z series — Z9x, with 6,000mAh battery in India. Priced at INR 12,999 (effective price — INR 11,999) for 4GB+128GB, INR 14,499 (effective price – INR 12,...

16 May 2024

Tech Mahindra, IBM join hands to help firms accelerate adoption of GenAI

NEW DELHI — Tech Mahindra on Thursday announced that they are collaborating with IBM to help businesses globally responsibly accelerate the adoption of generative artificial intelligence (GenAI). According to the company, Tech Mahindra’s suit...

16 May 2024

Chinese marketplace Temu under scanner for breaching EU’s Digital Services Act

LONDON — The European consumer organisation on Thursday filed a complaint against Chinese online marketplace Temu for failing to protect consumers by breaching the EU’s Digital Services Act (DSA). BEUC, which represents 45 regional consumer prote...

16 May 2024

Industry mourns the loss of Vineet Nayyar, one of the finest IT leaders

NEW DELHI — Industry leaders on Thursday mourned the demise of Vineet Nayyar, former Tech Mahindra vice chair, who passed away at 85. Founding chairman and managing director of the Gas Authority of India (GAIL), Nayyar served as Managing Director o...

16 May 2024
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