Panasonic to form JV with IOCL for lithium ion batteries
Panasonic Group will form a joint venture with Indian Oil Corporation Ltd (IOCL), the nation’s biggest oil firm, to manufacture cylindrical lithium-ion batteries. Panasonic Energy Co Ltd, a group firm of Japan-based multinational electronics company, has signed a binding term sheet and initiated discussions with IOCL “to draw a framework for...
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Infosys to receive Rs 6,329 crore tax refund from I-T
01 April 2024 | PTI -
New Rs 500 crore e mobility scheme kicks in from today
01 April 2024 | PTI -
RBI may hold rate yet again to focus on inflation, say experts
01 April 2024 | PTI -
Gas price for Reliance trimmed to $9.87; rate for gas that feeds CNG, PNG supplies still at $6.5
31 March 2024 | PTI -
Sri Lanka, India to review bilateral projects for timely implementation
31 March 2024 | PTI -
IndiGo announces direct flights between Abu Dhabi and Kerala Kannur
31 March 2024 | PTI -
Jaiprakash Associates plans to restructure bonds worth USD 120 million
31 March 2024 | PTI
OpenAI reveals Voice Engine, but will not yet publicly release risky AI voice cloning technology
ChatGPT-maker OpenAI is getting into the voice assistant business and showing off new technology that can clone a person’s voice, but says it won’t yet release it publicly due to safety concerns. The artificial intelligence company unveiled its new Voice Engine technology Friday, just over a week after filing a trademark...
JSW Steel commissions hot strip mill with 5 million tonnes capacity
JSW Steel on Saturday announced commissioning of a hot strip mill at its integrated steel plant in Vijayanagar, Karnataka. The company has also made first dispatch of steel products from the mill having an annual capacity of 5 million tonnes (MT), JSW Steel said in an exchange filing. “JSW Vijayanagar Metallics Ltd...
US probes complaints that Ford pickups can downshift without warning, increasing risk of crash
US auto safety regulators are investigating complaints that more than 540,000 Ford pickup trucks can abruptly downshift to a lower gear and increase the risk of a crash. The National Highway Traffic Safety Administration says in documents posted on its website Friday that it opened the investigation this week after receiving...
Assam: Two days petrol pump strike deferred
The petrol pump strike in parts of Assam, scheduled to begin on Saturday morning, was deferred, a leader of their association said. The North East India Petroleum Dealers’ Association (Greater Guwahati Unit) had called for ‘no purchase no sale’ from 5 am on Saturday till 5 am on Monday over a...
Unsold homes in nine cities down seven per cent in last three months
Unsold housing inventories fell 7 per cent in the last three months across 9 major cities to around 4.81 lakh units on higher sales than new supply, according to PropEquity. Real estate data analytic firm PropEquity data showed that unsold housing stock has come down to 4,81,566 units at the end...
India forex reserves hit fresh peak of USD 642.63 billion
India’s forex reserves increased by USD 140 million to touch its all-time high of USD 642.631 billion during the week ended March 22, the Reserve Bank said. This is the fifth consecutive week of a jump in the overall reserves. The kitty had increased by USD 6.396 billion to USD 642.492...
Office space net leasing up 44 per cent in top 8 cities: Report
Net leasing of office space rose 44 per cent annually in this quarter across eight major cities on higher demand from corporates for expansion of their businesses, according to Cushman & Wakefield. According to data released on Saturday by real estate consultant Cushman & Wakefield (C&W) India, the net leasing of...
