AI offers remarkable opportunity for India: Qualcomm India

AI offers remarkable opportunity for India: Qualcomm India

Friday, 26 April 2024 | PTI | New Delhi

India, with its growth engines roaring, is the “place to be”, Qualcomm India President Savi Soin has said, adding that the country has a “remarkable opportunity” with hybrid Artificial Intelligence (AI). The San Diego, California-headquartered chip designer is working with OEMs as well as operators in India to help bring entry-level...

Students take part in engineering entrance exam

Thursday, 25 April 2024 | PNS | New Delhi

The SRM Joint Examinations for Engineering (SRMJEEE) 2024-Phase I for admission to B.Tech and Integrated M.Tech programmes of SRM Institute of Science and Technology - SRMIST (Kattankulathur, Ramapuram, Vadapalani, Ghaziabad, and Tiruchirapalli campuses), SRM University —Sonepat and SRM University — Andhra Pradesh was held from 20th April to 23nd April...

Sensex, Nifty climb on firm trend in global markets

Thursday, 25 April 2024 | PTI | Mumbai

Equity benchmark indices Sensex and Nifty ticked higher for the fourth straight session on Wednesday, helped by buying in metal and commodity stocks amid a positive trend in global equities. However, intense selling pressure on telecom, IT and tech counters capped the upside, traders said. The 30-share BSE Sensex climbed 114.49 points...

Nippon Life Q4 profit jumps to Rs 343 crore

Thursday, 25 April 2024 | PTI | New Delhi

Nippon Life India Asset Management Ltd on Wednesday reported its highest-ever quarterly profit after tax (PAT) at Rs 343 crore for the March quarter, marking a 73 per cent jump from the year-ago period. The company had posted a PAT of Rs 198 crore in the year-ago period, the asset management...

Rupee settles on flat note, up 1 paisa at 83.30 against $

Thursday, 25 April 2024 | PTI | Mumbai

The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 83.30 against the US dollar on Wednesday, as the support from positive domestic equities was negated by rising American currency. Forex traders said elevated crude oil prices and significant foreign fund outflows in the...

REITs, InvITs mobilise Rs 1.3 lakh crore in four years: RBI data

Thursday, 25 April 2024 | PTI | New Delhi

Investment vehicles for realty and infrastructure sectors — REITs and InvITs — have garnered Rs 1.3 lakh crore in the past four years till March-end, and are expected to facilitate more pooled funds, Reserve Bank said in a report. Experts and stakeholders are of the view that with India growing at...

M&A deal value surged 60 per cent: PwC India

Thursday, 25 April 2024 | PTI | New Delhi

Merger and acquisition (M&A) deal value soared by 60 per cent to USD 19.6 billion in January-March 2024, while that of private equity (PE) experienced a slight dip, according to a PwC India report. With 455 deals amounting to USD 25.6 billion disclosed value, the first quarter of 2024 showcases a...

Indian IT sector staring at second straight year of muted revenue growth: Crisil

Thursday, 25 April 2024 | PTI | Mumbai

The Indian IT services sector is staring at a second consecutive year of muted revenue growth due to modest increase in tech spends in Europe and the US, a domestic rating agency said on Wednesday. Crisil Ratings said it expects the sector to grow at 5-7 per cent in FY25, after...

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