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Amazon witnesses two-fold sales growth in two-wheelers, backed by electric vehicles

New Delhi, June 30 -- E-commerce giant Amazon is witnessing around a two-fold year-on-year sales growth, in terms of value, in its two-wheelers category in India, backed by electric vehicles. "Almost... Read More


SMBC Asia Rising Fund invests $12-15 million in Easy Home Finance, Vayana, DPDzero

New Delhi, June 30 -- SMBC Asia Rising Fund has deployed approximately $12-15 million in follow-on capital across three of its existing Indian fintech portfolio companies like Easy Home Finance, Vayan... Read More


MSC to acquire 49% stake in Adani's Vizhinjam port for Rs.13,220 crore

New Delhi, June 30 -- Mediterranean Shipping Company (MSC) Group, the world's largest container shipping company, will buy a 49% stake in Adani Group's Vizhinjam International Seaport in Kerala for $1... Read More


After 40% deficient June rain, India to get 'below-normal' monsoon in July, says IMD

New Delhi, June 30 -- India Meteorological Department on Tuesday predicted a "below-normal" monsoon rainfall in July, quantitatively 94 per cent of the long-period average of 280.4 mm. However, the IM... Read More


WhatsApp's username launch raises questions about impersonation and cyber fraud

New Delhi, June 30 -- Meta-owned WhatsApp's decision to introduce usernames has sprung concerns regarding impersonation with experts suggesting that while the move does protect the privacy ofpersonal ... Read More


GJC urges Centre to relook at taxation, customs duty hike

New Delhi, June 30 -- The All India Gem & Jewellery Domestic Council (GJC) has urged the Government to relook at the taxation policy and customs duty hikes as it encourages unofficial trade and di... Read More


Amazon to equip 1 million Telangana students with AI skills

New Delhi, June 30 -- E-commerce major Amazon has announced a collaboration with the Telangana government to integrate AI literacy into the curriculum in government schools across the State. To be del... Read More


India Charts Independent AI Path, Backs Open-Source Models Amid US Restrictions

New Delhi, June 30 -- While the US navigates approval processes for restrictions on advanced artificial intelligence models like Anthropic's Fable 5 and Mythos 5, India is executing a parallel strateg... Read More


SEBI proposes stricter AIF rules on related-party transactions

New Delhi, June 30 -- The Securities and Exchange Board of India (SEBI) has proposed a wide-ranging overhaul of regulations governing Alternative Investment Funds (AIFs), including a revised investor ... Read More


Solar dimming: How air pollution is casting a shadow over solar energy potential of cities

New Delhi, June 30 -- Solar energy is gaining traction and emerging as an effective alternative to expensive, regular power sources. But this alternative source faces a challenge - the growing problem... Read More