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Electronics makers face component shortages as Gulf shipping crisis hits productionIndian electronics manufacturers are currently grappling with a critical shortage of essential components like microprocessors and batterie...
Tata Consumer Products to add 50-100 Starbucks outlets annually; sees potential for 8,000 unitsTata Starbucks aims for massive expansion in India, with plans to reach 8,000 stores. The coffee chain is now profitable at the operating l...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Electric passenger vehicle retail sales jump 81.2% to 26,682 units in May: FADAElectric vehicle sales in India saw a significant surge in May. Passenger vehicle retail sales jumped 81.2 percent. Tata Motors led the ele...
Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entriesRajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company fac...
UK sets out $1.5 billion AI hardware plan with supercomputer, chip fundingBritain is investing over a billion pounds to boost its AI computing power. A new national supercomputer is planned for 2030. The country i...
UK PM Starmer backs sovereign computing with $533 million AI chip investment"We will use the power of public procurement to support British ingenuity," Starmer told the London Tech Week conference in a speech on Mo...
Consumer goods majors eye stronger sales as inflation pushes both volumes and pricesConsumer goods companies anticipate stronger sales growth. Inflation from the West Asia conflict is expected to boost both product volumes ...
Maruti rebounds with strong market share gains after six-year gapMaruti Suzuki has regained substantial market share after a six-year gap. Strong sales in small cars and SUVs, coupled with new production ...
Canada says AI strategy will help create 250,000 jobs, boost GDP by 3%Canada has unveiled a new artificial intelligence strategy. This plan aims to create 250,000 jobs by 2031. A new C$500 million tech fund wi...
Warburg, KKR, TPG among PE giants vying for 25% stake in CloudnineGlobal private equity giants, including Warburg Pincus and KKR, are vying for a 25% stake in India's largest maternity and pediatric hospit...
India’s audio streaming apps pivot to 'hybrid' model to drive paid subscriptionsThe landscape of audio streaming in India is undergoing a transformation with a dynamic hybrid model gaining traction. Services are blendin...
European Union launches tech sovereignty initiative to boost chips, cloud and AI at homeEuropean Union leaders are boosting local tech production. They aim to reduce reliance on American AI and cloud services. Efforts are also ...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...
Maruti Suzuki to fuel India's ethanol shift with first flex-fuel car that's coming soonIndia's auto sector is set for a revolution with Maruti Suzuki launching the country's first mass-market flex-fuel passenger vehicle. This ...
Passenger vehicle sales race ahead in May as Maruti, Kia break recordsThe Indian automobile industry celebrated a strong sales performance in May, with Maruti Suzuki and Kia India achieving their best-ever sal...
India's chip startups cross from prototype to productionIndian semiconductor startups like Netrasemi, Mindgrove, and Agnit are nearing commercial production, with some already running customer pi...
After Zudio boom, Trent still has a long runway for growth: Noel TataTrent Chairman Noel Tata sees the retail firm in its early growth phase. He is confident of achieving ambitious revenue targets. The compan...
Microsoft to release new coding model next week, the Information reportsMicrosoft is set to launch new artificial intelligence models next week at its Build conference. These include a coding model to enhance Gi...