NEW DELHI: Auto component companies are stepping up investments in India, scouting for new acquisitions and expanding capacities as free trade agreements (FTAs) open up fresh export opportunities for them.Executives across companies told TOI that India is fast emerging as a manufacturing and export base, especially for US and European markets, with recent trade deals…
Meet the 11 Indian Americans Who Just Made Forbes’ Most Powerful Innovators List In a striking testament to the evolving face of American ingenuity, 11 Indian Americans have been honoured among Forbes’ 250 America’s Greatest Innovators, a list released as part of the United States’ 250th anniversary celebrations, spotlighting those whose ideas and leadership have…
US stocks drifted lower on Thursday as a selloff in Nvidia weighed on the broader market, even as most shares posted gains.The S&P 500 fell 0.6 per cent, extending the week’s volatility driven by optimism and unease surrounding the artificial intelligence boom. The Dow Jones Industrial Average rose 77 points, or 0.2 per cent, while…
Prime Minister Narendra Modi will inaugurate US-based chipmaker Micron Technology’s semiconductor assembly and testing plant at Sanand in Gujarat on Saturday(February 28).The state-of-the-art ATMP (Assembly, Testing, Marking and Packaging) facility has been set up with an investment of Rs 22,516 crore. Located near Ahmedabad, the Sanand plant marks a major step in India’s semiconductor journey…
Gold appears set to continue its advance toward the 170,000 level in the coming sessions. (AI image) Gold and silver price prediction: Gold prices are exhibiting a bullish bias, while silver prices face resistance, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the weekly chart, MCX…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex rose in opening trade on Thursday on the back of positive global cues. While Nifty50 was above 25,500, BSE Sensex rose around 200 points. At 9:18 AM, Nifty50 was trading at 25,547.25, up 65 points or 0.25%. BSE Sensex was at 82,467.65, up…
CHENNAI: India’s solar exporters face a severe jolt after the US commerce department proposed countervailing duties of 125.9% on crystalline silicon photovoltaic cells from India, citing alleged subsidies. The preliminary finding covers shipments to the US, which absorbs more than 95% of India’s solar cell and module exports.The duty is likely to wipe out the…
MUMBAI: Worldline will sell its India payments arm to BillDesk for 60 million euros in equity. The deal includes a long-term software pact where BillDesk keeps using Worldline tech. Worldline will continue to keep India as a talent/innovation hub and evolve its Global Capability Centers into AI-first innovation hubs for automation/GenAI/agentic-AI at scale for Western…
New Delhi: Barring Vodafone Idea (Vi), no other telecom company is going to get any relief on their adjusted gross revenue (AGR) dues as govt will not step outside the Supreme Court’s mandate, telecom minister Jyotiraditya Scindia said Wednesday. “We are operating under an SC verdict. As far as AGR is concerned, it is based…
Mumbai: Calling GenAI a civilisational shift, TCS CEO K Krithivasan said the company is not afraid of the technology disrupting livelihoods and is prepared to cannibalise its own revenues if needed, leveraging AI to deliver client outcomes more effectively. “We are telling associates that if you find you can do something faster, better and cheaper…
