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NVIDIA CEO Jensen Huang Reports 437,908 Shares Disposal at $181.93 Each

Jensen Huang, President and CEO of Nvidia Corporation (NASDAQ:NVDA), has reported a series of transactions involving the disposal and transfer of company shares, including...

Deeptech Startup Newtrace Secures $6.3 Mn in Pre-Series A Round

Bengaluru-based deeptech startup Newtrace has raised $6.3 million (INR 56.93 crore) in a pre-Series A funding round led by HDFC Bank and Mitsui Sumitomo...

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IDC: Consumer spending on technology to hit $1.69 trillion in 2019

NEW YORK: Driven by emerging technologies including AR/VR headsets, drones, on-demand services, robotic systems, smart home devices and wearables, consumer spending on technology is...

Ministry of Commerce advises Ecommerce companies to decrease single-use plastics

In an attempt to reduce the use of single-use plastics in the country, the Commerce Ministry of India has directed “the Ecommerce companies to...

FM Nirmala Sitharaman: Will honour contractual commitments under various energy pacts

Finance Minister Nirmala Sitharaman on Monday, October 14, 2019, assured investors that India will honour contractual commitments under various energy agreements. “Commitments shall be honoured...

Experts: OECD proposal on taxing MNEs will benefit countries like India

The OECD's proposal for taxing multinational enterprises (MNEs), including digital companies, based on consumer-facing activities or markets instead of their physical presence, would benefit...

World Bank slashes India’s growth forecast to 6 percent, Warns “Severe” Slowdown

The World Bank on Sunday slashed its growth forecast for India's current fiscal year to 6 percent, down from 7.5 percent, warning that the...

Airpay partners with InstaReM to launch “FX Payment” service for merchants

Mumbai based omnichannel payments company, Airpay, has announced its partnership with InstaReM to launch “FX payment,” an international payment solution for its merchants. “Being, an...

EU courts may order Facebook to remove worldwide illegal comments

Courts in the European Union can order Facebook to remove worldwide comments by users of its service that have been declared illegal, the European...

AION Capital Partners infuses $40 million in Clix Capital

India's leading digital-lending platform for SMEs, Clix Capital has raised $40 million as fresh funding from its existing investors AION Capital Partners Ltd, and...

DHFL proposes draft resolution plan to convert debt to equity

India's crisis-hit shadow bank Dewan Housing Finance (DHFL) has submitted a draft resolution plan proposing to convert debt to equity while seeking to sell...

JLR Chief Ralf Speth says, “Millennials using ride-hailing service would mean more demand for cars”

Millennials depending more on ride-hailing service providers for commuting would mean more demand for cars rather than affecting sales in mega cities, including those...

Facebook acquires CTRL-labs for $1 billion

Facebook Inc has bought New York-based CTRL-labs, a start-up that is exploring ways for people to communicate with computers using brain signals, in a...

U.S. Tech awakening, hundreds of Google, Amazon workers join climate change marches

SAN FRANCISCO: Hundreds of workers from Google, Amazon and other technology companies on Friday joined climate-change marches in San Francisco and Seattle, saying their...

Europe top court to rule on ‘Right To Be Forgotten’ Google case

Europe's top court will rule on September 24 whether Alphabet Inc unit Google must remove links to sensitive personal data worldwide or in Europe...

COAI: No major gain for telecom industry from corporate tax rate cut

NEW DELHI: The government's move to lower corporate tax to 22 per cent is positive for the economy but there is no major benefit...

Pakistan’s PIA operates 46 flights without a passenger during 2016-17

Pakistan International Airlines (PIA) has operated 46 flights without a single passenger from Islamabad Airport in 2016-17. Citing to an audit report, Pakistan’s media agency...

Chandrayaan-2 mission has achieved 98% of its objectives: ISRO chief K Sivan

Indian Space Research Organisation (ISRO) Chairman K Sivan on September 21 said the Chandrayaan-2 mission has achieved 98 percent of its objectives, even as...

Area 51 craze lures festive UFO hunters

Nevada: UFO enthusiasts drawn by alien-themed festivities have poured into rural Nevada near the Area 51 US military base, but fears of a mass...

Donald Trump says, “China is a threat to world”

Expressing concern over China's growing military might, US President Donald Trump has said the Communist nation is a threat to the world and blamed...

DCC approves Rs 8,588 cr telecom infra projects

The Digital Communication Commission on Thursday approved various telecom infrastructure projects, including roll out of more than 3,500 mobile towers for 4G services in...

Exxon Mobil, Royal Dutch Shell among groups to build five LNG terminals in Pakistan

Pakistan has approved the construction of five liquefied natural gas (LNG) terminals by groups that include Exxon Mobil Corp and Royal Dutch Shell, aiming...

Wipro Consumer Care Ventures to fund —India, Southeast Asian consumer brands startup

India’s leading FMGC company, Wipro Consumer Care and Lighting have announced a launch of its new venture fund called “Wipro Consumer Care Venture,” to...

Google sets up Artificial Intelligence research unit in Bengaluru

Google on Thursday said it is setting up an artificial intelligence research unit at Bengaluru as the tech giant looks to continue developing products...

Maruti Suzuki India marks one million export from Mundra port

India's largest Automaker giant Maruti Suzuki India (MSI) has crossed One million export marks from Mundra port in Gujarat after commencing its international...

InstaReM starts digital money transfer service in Canada

Solidifying the company’s presence in North America. Singapore -based cross-border digital payment company, InstaReM has announced the launch of cost-effective digital cross-border payments transfer...

Nirmala Sitharaman announces ban on e-cigarettes

The Union Cabinet has proposed the ordinance for the complete ban on the sales and manufacturing of e-cigarettes inside the country. Speaking to the press,...

United States unveils plans to extend scrutiny of foreign investments

The US government outlined more detail on September 17 on its plans to beef up foreign investment oversight, including a proposal to permit the...

Government scraps 5 percent import duty on open cell TV panel

In a bid to boost domestic manufacturing, the government has removed 5 per cent custom duty imposed on import of open cell TV panel,...

Mindtree introduces Blockchain-powered ‘Merchant On-Boarding’ solutions for Banks and Payment service providers

A Banglore-based technology service provider, Mindtree on Wednesday launched its new Blockchain-powered “Merchant On-Boarding” solutions for banks and payment service providers. In a statement issued...

Trade deal with China in the offing, says President Donald Trump

A trade agreement between the US and China is likely to happen either before or immediately after the American elections, President Donald Trump has...

Tata Power arm announces its exit from South African Joint Venture Cennergi for $106 mn

As a part, its strategy to cut its financial liabilities and focus on the domestic market, Tata Power on September 17 announced exit from...

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