Manufacturing upswing lifts India Q1 GDP; growth at 8.2%

India's economic growth accelerated to 8.2 per cent in the first quarter of 2018-19, driven largely by a strong recovery in manufacturing activity, official data released on Friday showed.

According to the Central Statistics Office (CSO),…

Google Launchpad Accelerator India shortlists 10 startups

Google on Friday announced the first batch of 10 shortlisted startups selected for its Launchpad Accelerator mentorship programme in India.

The inaugural programme will begin on September 10 at Google's Bengaluru office.

The selected…

India shortlisted among 5 countries for Uber flying cabs

Uber on Thursday shortlisted India among five countries that could host the ride-hailing company's first international Uber Air city within the next five years.

After evaluating countries across the world, Uber Elevate, the aerial taxi…

Oil prices, interest rates to put pressure on India's fiscal deficit: Moody's

Global credit ratings, research and risk analysis firm Moody’s Investors Service on Wednesday said rising oil prices and interest rates could put pressure on India’s fiscal position and current account deficit.

However, Moody’s…

Committed to turnaround; reduced debt in Q1: Jet

Jet Airways on Tuesday said it had reduced its overall debt burden during the first quarter of 2018-19 and remained committed to implementing its turnaround strategy.

Jet Airways Deputy Chief Executive Officer and Chief Financial Officer Amit…

Indian firms lead IT transformation in Asia: Dell EMC

About 17 per cent of organisations in India have achieved a fully transformed status in IT, significantly higher than the 4 per cent recorded across other Asian countries covered by a Dell EMC study released on Tuesday.

The study found that…

Equity indices surge to fresh highs; Sensex crosses 38,500 points

Indian equity markets opened strongly on Monday, with the benchmark Sensex and Nifty hitting fresh record highs amid firm global cues.

The S&P BSE Sensex climbed to an intraday record of 38,586.83, while the NSE Nifty50 touched a new high…

Apple donates Rs 7 crore for Kerala's flood victims

Apple has announced a donation of Rs 7 crore towards relief and rehabilitation efforts in Kerala, where severe floods have caused widespread destruction and displaced hundreds of thousands of people.

The US-based technology giant said on Saturday…

Force Motors to acquire Man Trucks India's MP plant

Force Motors has agreed to acquire the Pithampur manufacturing plant of MAN Trucks India in Madhya Pradesh, expanding its industrial footprint in the state's automotive manufacturing hub.

The company disclosed the development in a filing…

Infosys opens North Carolina hub, hires 4,700 in the US

Indian IT major Infosys has inaugurated its fourth Technology and Innovation Hub in Raleigh, North Carolina, as part of its plan to expand its US workforce and strengthen its presence in emerging digital technologies.

The company said it has…