NEWS
India’s patent office grants 1 lakh patents in one year
19 Mar 2024
The Indian Patents Office granted over one lakh patents in the one year period between 15 March 2023 and 14 March 2024, ie, around 250 patents each working day, as the number of patent seekers peaked.
Nissan, Honda to jointly explore future automobile technologies
19 Mar 2024
Japanese car makers Nissan Motor Co and Honda Motor Co have announced the signing of a memorandum of understanding (MoU) to explore the feasibility of a strategic partnership in the areas of vehicle electrification and the use of artificial intelligence.
Nvidia unveils superchip DGX SuperPOD to power AI
19 Mar 2024
Tech giant Nvidia on Monday unveiled the Blackwell-Powered DGX SuperPOD, a new family of GPU chips for powering Generative AI supercomputing, in a move to consolidate its hold on AI technology.
Cisco gets EU approval for $28 bn deal to acquire Splunk
18 Mar 2024
Cisco Systems has secured antitrust approval from European Union regulators for its $28 billion deal to acquire cybersecurity firm Splunk.
India slashes import duty on EVs to smoothen Tesla’s market entry
18 Mar 2024
India has slashed customs duty on import of ready-to-assemble automobiles, or CKD units, to 15 per cent for a period of five years, in a move that would help EV majors like Tesla enter the Indian market.
DP World to build modern container terminal near Kandla Port
18 Mar 2024
Dubai-based infrastructure major DP World will construct a mega container terminal at Tuna Tekra, DPA, Gujarat, under a concession agreement signed with the Deendayal Port Authority, Kandla.
India’s April-February trade deficit up $18.71 bn at $225.20 bn
18 Mar 2024
India registered a trade deficit of $18.71 billion in February 2024, taking its trade deficit for April-February 2023-24 to $225.20 billion.
India’s wholesale price inflation rate slightly higher at 0.20% in February
15 Mar 2024
India’s wholesale price inflation, based on the Wholesale Price Index (WPI) increased by 0.20 per cent year-on-year in February 2024, provisional figures released by the commerce ministry showed.
India kicks off work on 3 semiconductor factories
14 Mar 2024
India on Wednesday ushered in its `Techade’ with Prime Minister Narendra Modi laying foundation stones for three semiconductor factories, involving a combined investment of Rs1.25 lakh crore.
ArcelorMittal to buy 28.4% stake in France’s Vallourec for $1 bn
14 Mar 2024
ArcelorMittal, the world’s second-largest steelmaker, on Tuesday said it will acquire a 28.4 per cent stake in French steelmaker Vallourec, for around 955 million euros ($1.04 billion), to expand its tubular products portfolio.
Tata Motors to invest Rs9,000 crore in new Tamil Nadu facility
14 Mar 2024
Tata Motors has proposed to invest Rs9,000 crore for setting up a new automobile manufacturing facility in Tamil Nadu over a 5-year period.
NCLAT upholds Jalan-Kalrock Consortium’s resolution plan for Jet Airways
14 Mar 2024
The National Company Law Appellate Tribunal (NCLAT) has upheld the debt resolution plan for bankrupt Jet Airways submitted by the Jalan-Kalrock Consortium (JKC)
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