Our investment in India will keep growing: IBM CEO Arvind Krishna

New Delhi (IANS) Be it Cloud or artificial intelligence (AI), IT major IBM is bullish on the innovations coming out from its research and development (R and D) centres in India and the company will continue to invest more as the country aims to become…

Indian electronics sector to tap $7 bn untapped revenue via circular economy by 2035

New Delhi (IANS) India's electronics sector is set to harness $7 billion untapped revenue by 2035 via circular business model and policy pathways, industry stakeholders said here on Monday.

Current commitments and targets set the projected…

Hybrid work surges 29% as firms embrace flexibility: Report

New Delhi (IANS) Hybrid work surged 29 per cent (year-on-year) in the April-June period globally as “remote work” and “work from home” options declined, a report showed on Monday.

Hybrid working roles, which enable employees to balance their…

Govt decides not to allow basmati rice exports below $1,200 per tonne

New Delhi (IANS) The government on Sunday said that it has decided not to allow exports of basmati rice below $1,200 per tonne to restrict possible “illegal” shipment of white non-basmati rice in the garb of premium basmati rice.

In a statement,…

Short term trend of Nifty continues to be negative, say analysts

New Delhi (IANS) The short-term trend of Nifty continues to be negative and there is a possibility of some more weakness in the coming sessions, says Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

However, a sizable upside bounce…

India, EU FTA talks progressing well but lots of work to be done, says EU official

New Delhi (IANS) The discussions on the Free Trade Agreement between India and the European Union (EU) have made "progress but a lot of work is still ahead of us", said European Union (EU) executive vice president Valdis Dombrovskis on Saturday.

Indian spacetech sector gets $62 mn in funding this year, up 60%

New Delhi (IANS) As the world acknowledges India's space dominance after the Chandrayaan-3 success, the spacetech sector in the country received $62 million in funding this year to date, reflecting a substantial 60 per cent increase compared to…

Shoppers Stop stock falls over 10?ter CEO resigns

New Delhi (IANS) The stock price of Shoppers Stop slumped more than 10 per cent on Friday after its CEO resigned.

Shoppers Stop was trading at Rs 727.50, down 10.35 per cent on BSE.

Venu Nair, Managing Director and Chief Executive Officer…

India gets its 1st unicorn of 2023 in Zepto which raises $200 mn

New Delhi (IANS) Ending the unicorn drought in India amid the ongoing funding winter, online grocery company Zepto on Friday announced it has raised $200 million in its Series E round, valuing the company at $1.4 billion.

The fundraise brought…

Indian shoppers predicted to boost their spending by 14% over previous year this festive season: Disney+ Hotstar survey

New Delhi (IANS) As cricket fever grips the nation with only days to go to the Asia Cup followed by the ICC Men's Cricket World Cup 2023, the second edition of Disney+ Hotstar's Festive Shopping Sentiment Survey has found that shoppers this…