Business
Tesla Model Y becomes 1st EV to earn world's best-selling car tag

Tesla Model Y becomes 1st EV to earn world's best-selling car tag

27-05-2023  comments

New Delhi (IANS) Tesla Model Y has become the first all-electric vehicle to be billed as the world's bestselling car, a report has shown.

Tesla Model Y surpassed Toyota's RAV4 and Corolla models to top global sales rankings in the first…

OpenAI offers 10 grants worth $100K each to democratise AI

OpenAI offers 10 grants worth $100K each to democratise AI

26-05-2023  comments

New Delhi (IANS) Microsoft-backed ChatGPT developer OpenAI has introduced 10 grants worth $100,000 each for building prototypes of "a democratic process for steering" artificial general intelligence (AGI).

The company said that its goal is…

India leads with 27% share of global smartwatch shipments

India leads with 27% share of global smartwatch shipments

26-05-2023  comments

New Delhi (IANS) Global smartwatch shipments contracted 1.5 per cent (year-on-year) in the first quarter this year and the 121 per cent growth in India's shipments managed to restrict the decline, a report showed on Friday.

In terms of…

Reliance Retail generates net new employment for 2,500 people

Reliance Retail generates net new employment for 2,500 people

25-05-2023  comments

New Delhi (IANS) Reliance Retail generated net new employment for 2,500 people from January 2023 alone.

As per market sources, 567 people resigned on performance grounds and serving notice-period post April 2023.

Drumming up 567 performance-based…

Meta global layoffs hits India, top executives among those asked to go

Meta global layoffs hits India, top executives among those asked to go

25-05-2023  comments

New Delhi (IANS) Meta's (formerly Facebook) third round of job cuts that affected 6,000 employees globally has hit several employees in India, including senior executives.

According to reports, Avinash Pant, director of marketing for India,…

Myntra's EORS 18 set to go live on June 1 with 2.1 mn fashion, beauty & lifestyle products

Myntra's EORS 18 set to go live on June 1 with 2.1 mn fashion, beauty & lifestyle products

25-05-2023  comments

New Delhi (IANS) Myntra, one of India's leading fashion, beauty and lifestyle destinations, said on Thursday that it is set to host the 18th edition of its flagship fashion extravaganza 'EORS' (End of Reason Sale) from June 1, with Early…

Hyundai Motor India introduces transformational HR practices to become industry-leading 'role-based organisation'

Hyundai Motor India introduces transformational HR practices to become industry-leading 'role-based organisation'

24-05-2023  comments

New Delhi (IANS) Hyundai Motor India Ltd., the countrys first smart mobility solutions provider and largest exporter since inception, has ushered in a reimagined and co-created role based organisation structure to augment its vision Progress for Humanity.

Indian e-commerce to grow 1000% & emissions 8-mn tons by 2030

Indian e-commerce to grow 1000% & emissions 8-mn tons by 2030

24-05-2023  comments

Mumbai (IANS) Portending an alarming situation, Indian e-commerce is expected to grow 1000 percent and emissions will shoot up by 8 million tons (80 Lakh) by 2030, as per a new research by the Clean Mobility Collective (CMC) and Stand.earth Research…

India's GDP growth may even cross 7% in FY23: RBI Governor

India's GDP growth may even cross 7% in FY23: RBI Governor

24-05-2023  comments

New Delhi (IANS) There are chances of India's gross domestic product (GDP) for FY23 crossing the estimated 7 per cent growth going by the trends, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday.

Speaking at the annual…

Paytm Money launches bond investing, to drive innovation by simplifying investing

Paytm Money launches bond investing, to drive innovation by simplifying investing

23-05-2023  comments

New Delhi (IANS) One97 Communications Limited (OCL), that owns leading mobile payments and financial services company Paytm, on Tuesday announced that its wholly-owned subsidiary Paytm Money Limited has launched the most advanced bonds platform for…

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