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    BofA sees positive outlook for Paytm, citing soundbox, AI, and co
Business

BofA sees positive outlook for Paytm, citing soundbox, AI, and co

Paytm (One 97 Communications Limited), India's full stack merchant payments leader, is showing steady momentum across its core business of Payments, Soundbox, and Merchant Lending business, according to a recent report by BofA Global Research.


      Green hydrogen costs declined, may reduce further with GST cuts b

Green hydrogen costs declined, may reduce further with GST cuts b

The cost of producing green hydrogen in India is coming down, but the target of USD 1-2 per kg still looks far, according to a report by Emkay Securities.

      Hyundai Motor to unveil India's first locally designed EV

Hyundai Motor to unveil India's first locally designed EV

South Korea's Hyundai Motor Co. has announced a mid to long-term strategy to expand its hybrid electric vehicle (HEV) lineup and launch region-specific electric vehicles (EVs) for India and other countries, as per a media release from Hyundai.

      BharatGen building indigenous AI stack rooted in Indian language

BharatGen building indigenous AI stack rooted in Indian language

BharatGen is building a fully indigenous generative AI stack -- one that reflects the Indianness of language, thought processes, dialects, and cultural concepts, said Ganesh Ramakrishan, a faculty member at the Indian Institute of Technology Bombay (IIT-B) Department of Computer Science and Engineering.

      TSMC investment plans in Taiwan remain

TSMC investment plans in Taiwan remain "unchanged" amid talks

Taiwan Semiconductor Manufacturing Co. (TSMC) on Thursday told CNA its investment plans in Taiwan are "unchanged" amid speculation that the chipmaker may have suspended construction work on its second IC assembly plant in Chiayi County and plans to move equipment arranged for the plant to the United States.

      GAIL’s CGD East Singhbhum GA and Tata Steel sign gas agreement

GAIL’s CGD East Singhbhum GA and Tata Steel sign gas agreement

GAIL (India) Limited, on Friday, achieved a milestone as its City Gas Distribution (CGD) network in East Singhbhum GA signed a landmark Gas Sales Agreement (GSA) with Tata Steel Ltd.

      Gold may surge to record USD 6,600/oz, says Jefferies

Gold may surge to record USD 6,600/oz, says Jefferies

Gold prices could rise significantly higher to a record high of USD 6,600 per ounce if the ongoing bull run continues, according to a report by Jefferies.

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    Samsung Group to hire 60,000 new employees by 2029
Business

Samsung Group to hire 60,000 new employees by 2029

Samsung Group announced, on Thursday, that it will hire 12,000 new employees annually from 2025 to 2029, totaling 60,000 hires, to create high-quality jobs for young people and secure future key talent, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.


    Agri minister asks equipment & tractor makers to pass on GST cuts
Business

Agri minister asks equipment & tractor makers to pass on GST cuts

Agriculture Minister Shivraj Singh Chouhan held a meeting with leading manufacturers of farm equipment on Friday and asked them to pass on the benefits of reduced GST, which is effective from September 22, to the farmers.


    India must bridge gaps in critical mineral ecosystem: Hindalco
Business

India must bridge gaps in critical mineral ecosystem: Hindalco

India needs to urgently bridge critical gaps in its mineral ecosystem to achieve self-reliance in clean energy and advanced manufacturing, said Dr Vilas Tathavadkar, Chief Technology Officer, Hindalco Industries Ltd.


    India’s critical mineral push needs smart policy, AI-led
Business

India’s critical mineral push needs smart policy, AI-led

India's ambitions to become a global leader in clean energy and advanced manufacturing hinge on a forward-looking approach to critical minerals, rooted in smart policy, AI-driven exploration, and sustainable practices, said Arun Misra, Chairman of the CII National Committee on Mining and CEO of Hindustan Zinc Ltd.


    Nifty, Sensex open weak; almost all Adani stocks in green
Business

Nifty, Sensex open weak; almost all Adani stocks in green

Indian stock markets opened on a weak note on Friday as investors reacted to geopolitical concerns after the United States announced the revocation of sanctions waiver for Iran's Chabahar Port, effective September 29. The move weighed on investor sentiment in early trade.


    Adani Power emerges as India’s largest private thermal power prod
Business

Adani Power emerges as India’s largest private thermal power prod

Adani Power Limited (APL) has firmly established itself as India's largest private coal-based independent power producer (IPP), with a portfolio of 18,150 MW spread across 12 plants in eight states, according to a research report by Morgan Stanley.


    Bengaluru strengthens global tech hub status with Rolls-Royce
Business

Bengaluru strengthens global tech hub status with Rolls-Royce

Bengaluru has further cemented its position as a global technology hub with the inauguration of the largest Rolls-Royce Global Capability Centre (GCC), Karnataka Deputy Chief Minister D.K. Shivakumar said on Friday.


    Auto sector discounts to trend down as GST cuts to lift demand
Business

Auto sector discounts to trend down as GST cuts to lift demand

Discounts in the automobile sector are expected to trend down across key segments as the recent GST cuts are likely to lift demand, according to a report by Motilal Oswal.


    Non-life insurance sector continues to witness slowdown in August
Business

Non-life insurance sector continues to witness slowdown in August

The non-life insurance sector in India continued to experience a slowdown in premium growth in August due to a decline in crop insurance and a softer market for passenger vehicles, Care Edge Ratings said in a report.

Business

"Owe national apology": Gautam Adani after SEBI clean chit

Adani Group Chairman Gautam Adani on Thursday demanded a "national apology" from those who spread the "false narratives" of Hindenburg Research.


    India-US trade negotiations on the right track: Piyush Goyal
Business

India-US trade negotiations on the right track: Piyush Goyal

Union Minister for Commerce and Industry Piyush Goyal on Thursday said that India's trade negotiations with the US are showing promising signs, highlighting the strong and comprehensive strategic partnership between the two nations.


    Oil India expands offshore exploration, eyes global collaboration
Business

Oil India expands offshore exploration, eyes global collaboration

Oil India Limited is significantly expanding its offshore exploration activities with a strong focus on deepwater and ultra-deepwater basins, while also initiating cost optimisation efforts to safeguard margins amid global price fluctuations, said Ranjit Rath, Chairman & Managing Director of the company.


    Govt has big focus on AI skilling, says Ashwini Vaishnaw
Business

Govt has big focus on AI skilling, says Ashwini Vaishnaw

Union Information and Technology Minister, Ashwini Vaishnaw, on Thursday said that the government has a big focus on skilling in the area of Artificial Intelligence (AI).


    CAG launches NMAM 2.0 to strengthen financial management in ULGs
Business

CAG launches NMAM 2.0 to strengthen financial management in ULGs

A national workshop on strengthening financial management in Urban Local Governments (ULGs) through the National Municipal Accounts Manual (NMAM) 2.0 was held in the capital on Thursday, bringing together policymakers, auditors, financial experts and urban governance practitioners, as per a press release.

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Samsung Group to hire 60,000 new employees by 2029

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Agri minister asks equipment & tractor makers to pass on GST cuts

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India must bridge gaps in critical mineral ecosystem: Hindalco

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India’s critical mineral push needs smart policy, AI-led

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Nifty, Sensex open weak; almost all Adani stocks in green

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