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Economy
Medical devices sector needs separate rules, says industry body AiMeD
Chennai: The Association of Indian Medical Device Industry (AiMeD) welcomes the Indian government's decision to review the regulations controlling drug prices, which will cover include medical devices too, an association official said.!-->…
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RBI issues red alert on illegal entities in forex market
Mumbai: The Reserve Bank of India (RBI) on Wednesday issued an alert against unauthorised entities offering foreign exchange (forex) trading facilities to Indian residents with promises of exorbitant returns.
The RBI has asked all banks!-->…
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UK begins probe into AI partnerships by Microsoft, Amazon
London: The UK's Competition and Markets Authority (CMA) on Wednesday launched a preliminary probe into partnerships between tech giants over artificial intelligence (AI), like Microsoft and Mistral AI, and Amazon and Anthropic.
The!-->…
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Qualcomm expands Snapdragon portfolio with new platform to power AI PCs
New Delhi: Chip-maker Qualcomm on Wednesday expanded its Snapdragon X Series portfolio with a new platform to deliver better performance, longer battery life and on-device AI capabilities for more Windows PCs.
Original equipment!-->…
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Axis Bank clocks net profit of Rs 7,130 crore for Jan-March quarter
Mumbai: Axis Bank on Wednesday reported a net profit of Rs 7,130 crore for the January-March quarter of 2023-24 compared to a loss of Rs 5,762 crore in the same quarter last year after it acquired Citi Bank's consumer business in India.!-->…
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HUL posts 6 pc fall in Q4 net profit at Rs 2,406 crore, declares dividend of Rs 24 per share
Mumbai: Fast-moving consumer goods (FMCG) giant Hindustan Unilever Ltd (HUL) on Wednesday reported a 6 per cent decline in net profit to Rs 2,406 crore for the January-March quarter from Rs 2,552 crore in the same period of the previous!-->…
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REC okays Rs 1,869 crore loan for Kiru hydro project in J&K
Gurugram: REC Limited, a Maharatna public sector company and a leading NBFC, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) for providing a term loan of Rs 1,869.26 crore.
The loan will be utilised for!-->…
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‘Illness To Wellness’ and ILBS caution against rising cases of liver disease, stress…
New Delhi: The ‘Illness to Wellness’ initiative, a national campaign aimed at generating awareness on various mind and body conditions and providing holistic and broad stakeholder engagements with the overall objective of promoting!-->…
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Ultraviolette launches e-motorcycle ‘F77 Mach 2’ at Rs 2.99 lakh
New Delhi: Electric vehicle (EV) company Ultraviolette on Wednesday launched a new e-motorcycle -- the F77 Mach 2 -- at a starting price of Rs 2,99,000.
The higher-range F77 Mach 2 Recon comes at a special introductory price of Rs!-->…
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Nifty gains for fourth straight day, Sensex ends higher
Mumbai: The Nifty remained firm for the fourth day and closed with gains of 34 points at 22,402 levels, while Sensex closed 114 points higher at 73,853 levels on Wednesday.
The majority of the sectors ended in green with buying seen in!-->…
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