IndiGo CEO Pieter Elbers addresses concerns over the airline’s recent losses, emphasizing improved performance with reduced aircraft grounding and cost pressures, and expects traffic increase during the festive season. He highlights IndiGo’s competitive edge and positive reactions to its new…
Read More
India’s engagements with Germany and Spain center on niche defense collaborations, FDI, technology transfer, and manufacturing sector boosts. Both countries push for India’s P75(I) submarine project. Germany ties with Mazagon Docks, Spain with L&T to impress India in enhancing its…
Read More
Jensen Huang, CEO of Nvidia, asserts that India has the essential resources—tech talent, a thriving digital economy, and extensive data—to become an AI leader. Emphasizing the need to transition from an IT outsourcing hub to an AI innovation center, he…
Read More
Joining Flipkart and Reliance Industries, salt-to-software conglomerate Tata Group is set to enter the ever-growing quick commerce sector as customer demand rages in metros. People in the know said Tata’s ecommerce venture Neu will enter the fast delivery segment branded…
Read More
Shreya Life Sciences in Mumbai exported Dell’s advanced PowerEdge XE9680 servers containing Nvidia AI chips to Russia, bypassing Western sanctions. Malaysia emerged as the origin for these high-tech shipments. India’s intermediary role in such exports has drawn concerns from the…
Read More
Since the beginning of the fiscal year, the Reserve Bank has increased its gold stock by 31.6 tonnes, raising its total to 853.6 metric tonnes by September 2024. This addition, along with a 25 percent rise in gold prices, has…
Read More