Sounding rocket RHUMI 1 launched from cell launch pad

Area Zone India Pvt Ltd, a startup that’s constructing rockets, on Saturday launched its reusable, sounding rocket, RHUMI 1, from a cell launch pad from the shore of the Bay of Bengal on Saturday morning. The launch on the temple city of Tiruvadanthai, about 40 km from Chennai on the East Coast Highway, noticed the … Read more

Apple Targets Sept. 10 Debut for New iPhones, AirPods and Watches

Apple Inc. is planning to carry its greatest product launch occasion of the yr on Sept. 10, when the corporate will unveil the most recent iPhones, watches and AirPods, in line with folks aware of the state of affairs.  Although the timing hasn’t but been introduced, the corporate is making preparations for that date, which … Read more

India open to resolving $3.9 billion tax dispute with Infosys

India will discover methods to resolve tax disputes with main firms together with Infosys Ltd. and overseas airways, folks accustomed to the matter mentioned, suggesting New Delhi is open to creating lodging to keep away from hurting investor sentiment within the South Asian nation. Authorities are exploring choices to settle with firms together with Infosys, … Read more

Indian tribunal dismisses petitions opposing ICICI Securities’ delisting, report says

An Indian firm tribunal has dismissed objections raised by minority shareholders of ICICI Securities concerning its delisting plans, Bar and Bench reported on Wednesday. ICICI Financial institution, which holds a roughly 75 per cent stake in ICICI Securities, gained shareholder approval to purchase out the remaining stake in March in a share-swap deal price $622 … Read more

E2E Networks secures $51 million greenback funding

The shares of E2E Networks Restricted have been buying and selling at ₹2,385.65, up by ₹113.60 or 5.00 per cent, on the NSE at this time at 10 am. E2E Networks Restricted, an AI-focused cloud supplier in India, has introduced the profitable closure of an funding spherical, elevating ₹420.51 crore (roughly $51 million). The funding … Read more

Niyati Tewari wins younger innovator award for tribal artwork, AI platforms

In a world the place expertise and custom usually appear quiet at odds, Niyati Tewari, 17, has discovered a method to bridge the hole. On the coronary heart of Tewari’s success is her synthetic intelligence-based platform, additionally named Niyati, which is designed to coach college students in synthetic intelligence. She additionally based Inaraa, a web … Read more

Seqrite finds cyber assaults on Indian essential infra from cross-border risk actors

Seqrite, the enterprise arm of Fast Heal Applied sciences Restricted, has uncovered a collection of refined cyber campaigns focusing on essential Indian authorities entities. These superior persistent threats (APTs), allegedly orchestrated by a number of Pakistan-based risk actors, mark a big escalation in cyber operations in opposition to India’s protection and infrastructure sectors. The analysis, … Read more

Firms lack expert employees to onboard AI: Survey

New analysis commissioned by digital transformation options firm UST finds most organisations surveyed might have onboarded synthetic intelligence (AI) however endure from a scarcity of expert workforce and “a compass to navigate uncharted waters”. As a lot as 93 per cent view AI as important to success, however greater than three-quarters face extreme expertise scarcity.  … Read more

New Firm, LLP Registrations Up Practically 5% To this point This Fiscal: MCA 

Reflecting the beneficial enterprise local weather within the nation, the variety of new firm and LLP incorporations elevated by almost 5 p.c to date this fiscal 12 months, reaching 91,578 in comparison with 87,379 beforehand, newest MCA knowledge confirmed. “Stakeholders are knowledgeable that 91,578 firms and LLPs have been included throughout 01.04.2024-08.08.2024, in comparison with … Read more

“We aren’t apologetic in regards to the determination to go for the merger,” says HDFC Financial institution chief

HDFC Financial institution is an establishment which goes to be a protracted play within the Indian financial system, mentioned MD & CEO Sashidhar Jagdishan whilst he emphasised that “we’re not apologetic in regards to the determination to go for the merger.” Answering shareholders’ questions on the Financial institution’s 30th AGM, he noticed that when the … Read more