Business

Undisclosed global client terminates $1.5bn AI deal with Infosys

Undisclosed global client terminates $1.5bn AI deal with Infosys

New Delhi, Dec 23 (IANS) IT major Infosys on Saturday announced that a global client has decided to terminate the…
Coal imports plunge 44% in current financial year

Coal imports plunge 44% in current financial year

New Delhi, Dec 23 (IANS) India’s coal imports for blending have decreased substantially by 44.28 per cent to 15.16 million…
Limited upside potential for Nifty in next 12 months due to rich valuations

Limited upside potential for Nifty in next 12 months due to rich valuations

New Delhi, Dec 23 (IANS) The Nifty 50 index is now trading at 23x FY24 and 20x FY25 consensus EPS,…
FPIs big buyers in financial services

FPIs big buyers in financial services

New Delhi, Dec 23 (IANS) FPI inflows, which were negative in the previous three months, have sharply turned positive in…
Solar PV module manufacturing projects of 48.3 GW capacity okayed under Centre’s PLI scheme

Solar PV module manufacturing projects of 48.3 GW capacity okayed under Centre’s PLI scheme

New Delhi, Dec 23 (IANS) The central government has given the go-ahead to big GW scale projects for setting up…
Hyundai Motor Group startup to showcase AI mobility software at CES

Hyundai Motor Group startup to showcase AI mobility software at CES

Seoul, Dec 23 (IANS) 42dot, Hyundai Motor Group’s global software research startup, plans to showcase its vision of software-defined vehicles…
DIIs invested $ 20.2 bn in 2023

DIIs invested $ 20.2 bn in 2023

New Delhi, Dec 23 (IANS) While DII flows have been robust for the past few years, rising global interest rates…
Apple seeks $50 mn deals with news publishers to train its GenAI models: Report

Apple seeks $50 mn deals with news publishers to train its GenAI models: Report

San Francisco, Dec 23 (IANS) Apple is in touch with some top news publishers to use their articles to help…
$46bn wiped off Tencent’s market cap after China’s draft rule to curb gaming

$46bn wiped off Tencent’s market cap after China’s draft rule to curb gaming

Hong Kong, Dec 23 (IANS) China has released a new draft regulation to curb video gaming, leading to a massive…
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