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Economy
HCLTech partners AWS to accelerate GenAI adoption
New Delhi, May 6 (IANS) Global technology company HCLTech on Monday announced a strategic partnership agreement with Amazon Web Services (AWS) to accelerate generative artificial intelligence (GenAI)-led enterprise digital transformation.!-->…
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India, Ghana agree to operationalise UPI link within 6 months
New Delhi, May 6 (IANS) India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users in both!-->…
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Siguler Guff invest Rs 240 crore in Hyderabad-based microfinance lender Spandana Sphoorty
Mumbai, May 6 (IANS) Private markets investment firm Siguler Guff and Company on Monday announced it has invested Rs 240 crore for an approximate 3.5 per cent ownership stake in Spandana Sphoorty Financial Ltd, a Hyderabad-based!-->…
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India’s services sector clocks robust growth in April, lifts business confidence to 3-month…
New Delhi, May 6 (IANS) India's services sector continued to register robust growth in April on the back of strong domestic and foreign demand, which lifted business confidence to a three-month high, according to an HSBC survey published on!-->…
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Indian economy and equity markets outperformed China over past 3 years
New Delhi, May 6 (IANS) China’s equity markets have lagged Indian equity by a long stretch, as per a report by DSP Mutual Fund.
China’s current equity market capitalisation is double that of India, at a time when it’s GDP is 5 times that of!-->…
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Extreme mercantilism will destroy Chinese civilisation: Zoho’s Sridhar Vembu
New Delhi, May 6 (IANS) China has pushed mercantilism to the extreme when it comes to producing steel, and the day is not far when this approach will destroy Chinese civilisation, IT software company Zoho’s CEO Sridhar Vembu said on Monday.!-->…
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Sensex gains 300 points but broader markets weak
Mumbai, May 6 (IANS) BSE Sensex gained 300 points on Monday although the market breadth is extremely negative.
Sensex was trading at 74,183 points, up by 305 points.
As many as 62 per cent of the stocks, 2388 stocks are declining while 31!-->…
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Why billionaire investor Warren Buffett needs to relook at India under PM Modi
New Delhi, May 6 (IANS) Unaware of the possibilities India now provides for global investors and big conglomerates, Warren Buffett, Chairman and CEO of global investment major Berkshire Hathaway, needs to have a fresh look at a country!-->…
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BlackSoil invests $49 million in 11 new deals in Q4
New Delhi, May 6 (IANS) Alternative credit platform BlackSoil on Monday said that it invested $49 million (Rs 391 crore) across 11 new deals and exited four portfolio companies in the fourth quarter (Q4) of FY24.
The company's year-on-year!-->…
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Musk invites billionaire investor Warren Buffett to invest in Tesla
New Delhi, May 6 (IANS) Elon Musk, on Monday, invited billionaire investor Warren Buffett to come and invest in Tesla, which is facing tough times amid global slowdown in EV sales.
Replying to an X user who posted that Berkshire Hathaway!-->…
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