Tesla CEO Elon Musk has finally taken over as Twitter boss and his first job was to reportedly fire Indian-origin CEO Parag Agrawal, Chief Financial Officer Ned Segal, the company’s policy chief Vijaya Gadde and others. According to a CNBC report citing sources on Friday, Agrawal and Segal have left the company’s San Francisco headquarters […]
San Francisco, Oct 16 (IANS) Tech giant Google has announced that Meet calls can now be transcribed into text, and users can further save them in a Google Doc format. According to Android Central, the saved file can be accessed from Google Drive.Google Meet is one of the most popular apps, especially after replacing the Google […]
New Delhi, Sep 30 (IANS) The Indian medical devices industry has the potential to grow at 28 per cent yearly to reach $50 bn by 2030, Union Health Minister Mansukh Mandaviya said on Friday. The industry has the power to emerge as the global leader in manufacturing and innovation in next 25 years, he said while […]
Mumbai, Sep 20 India’s fintech market is expected to reach $1 trillion by 2030, from $31 billion in 2021, Chief Economic Advisor Dr V. Anantha Nageswaran said here on Tuesday. Speaking at the ‘Global Fintech Fest 2022’ (GFF 2022), he noted that a major shift towards a more equitable distribution of investment across sectors including […]
Bengaluru, Sep 5 HAL-L&T consortium has bagged Rs 860 crore contract for end-to-end realisation of five Polar Satellite Launch Vehicles (PSLV) over a period of four years from the NewsSpace India Limited (NSIL). The contract was exchanged on Monday between HAL and NSIL during the inaugural session of the seventh Bengaluru Space Expo 2022. Over the […]
New Delhi, Sep 5 India’s external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared to $573.7 billon on March 31, 2021. Out of this, 53.2 per cent of external debt was denominated in US dollars, the Indian rupee denominated debt was estimated at 31.2 per cent and […]
Washington, Sep 2 (IANS) Global coffee chain Starbucks has named Indian-born Laxman Narasimhan its next CEO. Narasimhan, who currently heads health and hygiene company Reckitt, will join Starbucks in October and take over from its iconic interim CEO Howard Shultz in April. Narasimhan joins the growing ranks of Indian-descent CEOs heading leading US corporate giants such […]
Mumbai, August 27 India’s forex reserves fell by $6.687 billion to $564.053 billion in the week ending August 19, the RBI’s weekly statistical data showed. “India’s forex reserves dipped to USD 564bn as on August 19, lowest since October 2020. The main reason behind this fall is dip in foreign current assets which the RBI […]
Industries in Goa will soon be allowed to set up manufacturing facilities, based on self-declarations, to cut down the red-tape involved in processing licences and getting clearance from government agencies, state Industries Minister Mauvin Godinho said on Monday. Panaji, Industries in Goa will soon be allowed to set up manufacturing facilities, based on self-declarations, to […]
Treating Elon Musk’s $43 billion offer to buy Twitter as an “unwelcome” step, the board of the company is reportedly considering a “poison pill” strategy to make it more difficult for Musk to acquire a larger stake in the micro-blogging platform and avoid a hostile takeover. San Francisco/New Delhi, April 15 (IANS) Treating Elon Musk’s $43 […]