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NEW DELHI: Tech giant Google has roped in Indian-origin Varun Mohan, co-founder and CEO of coding AI startup Windsurf, in a major move in the ongoing AI talent race. In a post on social media platform X, Demis Hassabis, Co-Founder and CEO at Google DeepMind, informed hiring several senior Research and Development team members, along with Mohan. "Thrilled to welcome @windsurf_ai founders Varun Mohan and Douglas Chen and some of the brilliant Windsurf eng team to @GoogleDeepMind, " Hassabis said ...Read More >
NEW DELHI: While the final report will take about an year, the preliminary findings by the Aircraft Accident Investigation Bureau (AAIB) into the fatal crash of Air India flight AI 171 -- a Boeing 787-8 Dreamliner that went down shortly after take-off from Ahmedabad on June 12 -- has revealed simultaneous engine shutdown, cockpit voice recordings between the two pilots and further safety advisories. According to the AAIB report, the aircraft was scheduled to operate flight AI171 from Ahmedabad ...Read More >
NEW DELHI: The gold prices in international markets are in a consolidation phase, and such consolidation prepares a fertile surface for the yellow metal to move in an upward trend, a report said on Friday. The market is currently focusing on two factors for the movement- direction of the US interest rate and anticipated decline in the US Dollar against other major currencies, said Emkay Wealth Management in its latest Navigator report. Amid unclarity over the likely impact of the tariffs on th ...Read More >
NEW DELHI: Indian real estate sector received institutional investments of $1.80 billion in April-June period (Q2 2025), with investors from the US, Japan and Hong Kong contributing around 89 per cent to the foreign investments, according to a report on Monday. Investments more than doubled in Q2, recording a sharp 122 per cent growth over the previous quarter, said the Vestian report. Foreign investments dominated investment activities in Q2. Interestingly, majority of the investments from th ...Read More >
MUMBAI: Defence stocks were trading in positive territory on Friday, a day after the union government approved the purchase of defence equipment worth Rs 1.05 lakh crore. Shares of all major public sector defence companies, including BEL, BEML, Hindustan Aeronautics, and Mazagaon Dock Shipbuilder, rose by up to 4.5 per cent during intraday trading. Mazagaon Dock Shipbuilders shares were up 1.46 per cent at Rs 3, 337.80 on NSE. The shipbuilding company's shares opened at Rs 3, 320.0 and rose to ...Read More >
NEW DELHI: India's Goods and Services Tax (GST) collection for the financial year 2024-25 touched a record high of Rs 22.08 lakh crore, marking a 9.4 per cent increase compared with the previous year, the government announced on Monday. The average monthly collection for the year stood at Rs 1.84 lakh crore. The government highlighted that GST revenues have more than doubled in just five years. In 2020-21, the total collection was Rs 11.37 lakh crore, with an average monthly figure of Rs 95, 0 ...Read More >
MUMBAI: The Indian stock markets bounced back strongly on Friday with both the Sensex and Nifty rising sharply during the intra-day trade after a cautious start. The rally was driven by positive global cues and heavy buying in the IT and FMCG stocks. The Sensex jumped 953 points, or 1.17 per cent, to hit an intra-day high of 81, 905. Meanwhile, the Nifty climbed 299 points, or 1.21 per cent, to cross the 24, 900 mark, reaching a high of 24, 909 during early trade. However, the market gave up s ...Read More >
NEW DELHI: Crisil Ratings has upgraded its rating on the long-term bank facilities of Adani Power Ltd (APL) to 'Crisil AA/Stable' from 'Crisil AA-/Positive'. The global credit rating agency has also assigned its 'Crisil AA/Stable' rating to Rs 11, 000 crore proposed non-convertible debentures (NCDs) of Adani Power. The upgrade in rating reflects "Crisil Ratings' expectation of strengthening in APL's overall credit risk profile with strong improvement in the business parameters on account of in ...Read More >
NEW DELHI: Arizona State University (ASU), a global leader in innovation and higher education, is collaborating with Rajalakshmi Engineering College (REC), Chennai, to redefine global education pathways for Indian students. The initiative aims to introduce undergraduate and Master's degrees across key disciplines, including Computer Science, Engineering, and Business & Management. Speaking on this occasion, ASU President Michael M. Crow said, "With India as our largest source of international s ...Read More >
MUMBAI: India's stock markets on Monday were trading lower as weak global cues and a decline in Asian markets weighed on investor sentiment. The benchmark indices, Sensex and Nifty, struggled throughout the day, with most sectors witnessing losses. At the closing bell, the BSE Sensex had dropped 319.22 points, or 0.41 per cent, to settle at 77, 186.74, while the Nifty was down 121.10 points, or 0.52 per cent, to close the trading session at 23, 361.05. The decline in the Indian share market i ...Read More >
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