Govt reopens AI/ML vendor empanelment, looks to expand tech partner pool for Digital India projects NEW DELHI: Govt is looking at widening its pool of technology partners for artificial intelligence (AI) and machine learning (ML) projects, with the ministry of electronics and IT reopening empanelment of agencies that can deploy AI/ML resources across govt programmes.The…
Meiji Seika, SII tie up to bring Japanese Encephalitis vaccine to India; Medreich eyes expansion TOKYO: Meiji Seika Pharma-owned Medreich Pharma is eyeing inorganic growth and more generics supply from India, while the parent has tied up with Serum Institute of India (SII) to launch Japanese Encephalitis vaccine in the country.“SII will take the required…
MUMBAI: Japan’s Resona Bank on Monday announced a tie-up with Tata Capital to provide its clients better access to financing solutions and opportunities in India using the non-bank lender’s local network. The announcement follows a $20 million investment by Resona Bank as a limited partner in Tata Capital Growth Fund III LP, which invests in…
Govt to sell up to 6% stake in Hindustan Copper via OFS to raise around Rs 3,000 crore MUMBAI: Govt is selling up to 6% in Hindustan Copper at a floor price of Rs 514 per share through an offer for sale (OFS) to mobilise about Rs 3,000 crore. The floor price for the OFS…
TCS to acquire Porsche tech subsidiary MHP for $373 million in mega AI deal BENGALURU: In a mega deal that boosts its manufacturing and AI playbook, TCS will acquire MHP Management, the consulting and technology subsidiary of German sports car maker Porsche, for $373 million. The transaction will also anchor a five-year strategic partnership worth…
Ahead of Putin’s India visit, Jaishankar delivers PM Modi’s message as Russia assures continued fertiliser supplies NEW DELHI: Ahead of Russian President Vladimir Putin’s visit to India next month, external affairs minister S Jaishankar called on the President and handed over a personal message from PM Narendra Modi to him. Putin committed to continuing fertiliser…
Visa crackdown widens as Trump administration targets visitors seeking to remain in US through asylum claims The Donald Trump administration is preparing to revoke the business and tourism visas of as many as 2,00,000 foreigners who have applied for or are currently seeking asylum in the United States, in what could become the largest single…
Centre to sell subsidised onions at Rs 35/kg in Delhi-NCR as retail prices climb NEW DELHI: The Centre is likely to begin selling onions at a subsidised price of Rs 35 per kg across Delhi-NCR later this week to rein in soaring retail prices. Officials said locations for the retail sale through mobile vans will…
Indian exports to Iran declined from $3.5 billion in FY2019 to $1.2 billion in FY2026. Launching an ‘economic onslaught’ on Iran, US Treasury Secretary Scott Bessent said that President Donald Trump is making phone calls to world leaders with specific requests to stop all interactions with Iran.The move comes amid the ongoing US-Iran conflict which…
Iran blacklists 45 tankers over Strait of Hormuz rules amid fresh US sanctions threat Iran has blacklisted 45 tankers for allegedly violating its rules for crossing the Strait of Hormuz and warned that vessels conducting ship-to-ship transfers with them could also face action, escalating tensions over the key waterway nearly six months into the war.The…
Infosys employees are now awaiting details on the annual salary revisions. Infosys, India’s second largest IT services major, has reportedly awarded its eligible employees an average performance bonus of 70% for the April-June quarter. While the average payout is similar to the last quarter, it is around 10 percentage points lower than what was awarded…
Technology stocks led the losses after experiencing sharp swings over the summer. US stock market today: Wall Street indices were subdued on Monday as investors looked ahead to a week filled with events that could have a significant impact on markets. Meanwhile, the parts of the bond market that the US Treasury Department is seeking…
Instant payments network grows from 1.78 crore annual transactions to 24,162 crore Ten years ago, instant digital payments through a common platform were just taking off in India. Today, the Unified Payments Interface (UPI) processes more than 66 crore transactions every day, becoming a central part of the country’s digital payments ecosystem.Launched on August 25,…
ISMA says India has enough stocks, expects prices to cool down soon India does not have a sugar shortage, industry body ISMA said on Monday, soothing concerns over the sweetner’s supplies amid a recent rise in retail prices. The industry body also expects sugar prices to come down in the comingIndian Sugar Mills Association president…
India has generally relied on long-term LNG contracts with Qatar, the world’s second largest supplier of the fuel. Middle East war impact: The ongoing marine traffic disruptions in the Strait of Hormuz due to the US-Iran conflict are forcing India’s energy majors to purchase liquified natural gas or LNG at some of the highest prices…
Piyush Goyal is heading a business delegation of more than 200 representatives in Japan. Continuing with its push for free trade agreements (FTAs), India is currently negotiating with at least 8-9 additional groups of countries and individual nations. This together represents another $15 trillion in GDP, Commerce and Industry Minister Piyush Goyal said on Monday.He…
The Court restored the orders passed by the authorities under the Senior Citizens Act directing the eviction of the appellant’s son and daughter-in-law. The Supreme Court has held that tribunals constituted under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 can order eviction of children or other occupants from a senior citizen’s…
Top stocks to buy today on August 24, 2026. Stock market recommendations: Viyash Scientific, and AU Small Finance Bank – have been picked as the top stocks to buy on August 24, 2026 by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities. The expert has shared a detailed outlook on Nifty and Bank…
Gold has witnessed a strong breakout and is trading near fresh highs around Rs 163,000. Gold price prediction today: Gold prices are showing a positive bias and there has been a sharp correction from the lows seen in July, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.If the current MCX…
KPMG Australia to cut 5% of workforce amid scandal, weak growth outlook KPMG Australia is reducing its workforce by about 5% as the firm continues to deal with the fallout from a scandal involving confidential client information and faces a subdued economic outlook.The cuts will affect 27 partners and about 360 employees, with consulting and…
