Results for the first quarter of IRCON International’s fiscal 2023–24 (Q1FY24) were issued on August 8 and showed a gain of 29.6% in net profit to ₹187 crores, up from …
Team, Endoc
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Business
Who Is Tesla’s New Chief Accounting Officer (CFO), Vaibhav Taneja?
by Team, Endocby Team, EndocZachary Kirkhorn, the previous chief accounting officer of the automobile and clean energy company Tesla, announced his resignation on Monday. Vaibhav Taneja, 45, was subsequently named as his replacement. In…
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Technology
AI-Powered Google Search To Provide Associated Pictures And Videos
by Team, Endocby Team, EndocWith the addition of photos and videos, Google’s AI-powered Search Generative Experience (SGE) has undergone a substantial improvement. Users who have enabled the AI-based SGE feature in Search Labs will…
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science and engineering
Chandrayaan-3 Successfully Completes An Orbit Reduction Manoeuvre; Now Closer To The Moon
by Team, Endocby Team, EndocOn Sunday, a day after placing Chandrayaan-3 into the lunar orbit, the Indian Space Research Organisation (ISRO) announced that the orbit-lowering maneuver of the mission had been completed successfully. The…
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FinanceBusiness
Maruti Suzuki To Issue Preferential Shares To Parent Company Suzuki Motor For Gujarat Facility
by Team, Endocby Team, EndocMaruti Suzuki will issue equity shares to Suzuki Motor Corporation on a preferential allotment basis prior to the company’s acquisition of Suzuki Motor Gujarat Private Limited (SMG), the company announced…
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science and engineeringTechnology
Effects That Generative AI Has On Work At Infosys
by Team, Endocby Team, EndocTopaz, an AI-first core with the potential for over 12,000 use cases, is Infosys’s artificial intelligence service that was initially unveiled in May. Topaz blends data analytics with generative AI.…
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Vijay Shekhar Sharma, the creator of Paytm, will buy a 10.30% interest in the business from Antfin Holding BV. 6.53 crore Paytm shares would be transferred by Antfin to Resilient…
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BusinessFinance
Highlights of Reliance Industries Limited (RIL)’s $17.7 trillion conglomerate from the annual report FY23
by Team, Endocby Team, EndocReliance Industries Limited discussed its future sustainability goals, the emphasis on Giga plants, and plans to produce green hydrogen in its annual report for FY 23. Reliance Industries Limited, one…
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BusinessFinance
SBI Has Been The Largest Lender Of Home Loans And Always Will Be, Claims Chairman Dinesh Khara
by Team, Endocby Team, EndocDinesh Khara, the chairman of State Bank of India (SBI), stated on August 4 that the public sector bank has led the market for home loans and will continue to…
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science and engineering
Half Of The World’s Population Will Have A Mental Health Issue By The Age Of 75
by Team, Endocby Team, EndocResearchers from The University of Queensland and Harvard Medical School discovered that half of the world’s population had at least one disorder by the time they were 75 after analyzing…
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science and engineering
How Natural Hydrogen Could Revolutionise The Planet
by Team, Endocby Team, EndocIt seems implausible that the beginning of an energy revolution would take place in a community in the dry savannah of West Africa. However, if proponents of the next big…
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BusinessFinance
Why Did The Government Ban Computer And Laptop Imports? How Is It Benefiting India?
by Team, Endocby Team, EndocWith immediate effect, India has restricted some models of computer, tablet, and laptop imports, citing security concerns and the need to support indigenous production. According to the government, it is…
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Private Indian telcos Reliance Jio, Bharti Airtel, and Vodafone Idea are at odds with international businesses operating in the nation, like Amazon, over the definition of international SMS costs and…
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Technology
MapmyIndia, Run By CE Infosystems Increases Net Profit By 32%
by Team, Endocby Team, EndocThe MapmyIndia brand’s operator, CE Infosystems, reported on Friday that its consolidated net profit increased 32% to Rs 32 crore for the quarter ending in June 2023. According to a…
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Technology
New JioBook Laptop Unveiled By Reliance Retail For Rs 16,499
by Team, Endocby Team, EndocReliance Retail has revealed its brand-new JioBook, a portable, 4G-LTE-powered laptop that appeals to users of all ages. Beginning August 5, 2023, users will be able to purchase JioBook, dubbed…
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Finance
Flipkart’s Tiger Trail Concludes With $3.5 Billion In Profits; The Fund Sells Walmart The Remaining Interest
by Team, Endocby Team, EndocAccording to two people familiar with the situation who spoke to ET, New York-based investment firm Tiger Trail informed its limited partners (LPs) last week that it had completed its…
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CountryBusiness
Railways to ask the government for approval of their ₹5.25 lakh crore linking proposal
by Team, Endocby Team, EndocIndia is working on an ambitious plan to build transport corridors for coal, iron ore, bauxite, and cement, allowing for the smooth transportation of these materials. Based on the PM…
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BusinessCountryFinance
Singapore Airlines To Develop Network In India By Increasing The Number Of Flights
by Team, Endocby Team, EndocSingapore Airlines (SIA) has announced another record-breaking quarter, with net profits up 98.4% from the same period last year to SGD 734 million (USD 552 million). It reached a passenger…
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science and engineering
Researchers Had Success Training A Machine Learning Model In Space
by Team, Endocby Team, EndocUsing a satellite, a study run by the University of Oxford trained a machine learning model for the first time ever. This accomplishment could enable real-time monitoring and decision-making for…
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Technology
Meta’s Threads Improve User Retention After Losing More Than Half Of Their Users
by Team, Endocby Team, EndocExecutives place a high priority on boosting user retention for Meta’s Threads, their recently launched Twitter alternative. In the weeks following its well-publicized introduction, the app lost more than half…
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With $335 million in revenue, Ola Electric, India’s largest e-scooter manufacturer, experienced an operational loss of $136 million last fiscal year. Ola Electric, a SoftBank-backed company planning for an up…
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Technology
Google Introduces An Anti-Stalking Function To Warn Users Of Unauthorized AirTags
by Team, Endocby Team, EndocDespite its many advantages, there are worries that Apple’s AirTag could be used as a possible stalking tool. Apple took a number of actions to solve these issues, and now…
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TechnologyBusiness
Elon Musk’s X Unveils The Global Ad Income Program For Verified Creators
by Team, Endocby Team, EndocX, formerly known as Twitter, has today formally begun its global ad income program for verified creators to earn money from advertising. What Is The Global Ad Income Program About?…
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Business
Senior Management Positions At Tata Consultancy Services (TCS) Has Changed
by Team, Endocby Team, EndocPDF Senior management positions (SMP) have changed, according to Tata Consultancy Services (TCS). Indian stock market bourses were advised of the changes in exchange communication by the country’s largest IT…
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Finance
Power Grid Board Approved Raising Money Through The Sale of Unsecured Bonds
by Team, Endocby Team, EndocThe Power Grid Board of India Ltd. board of directors has approved raising funds up to ₹5,700 crore through the issue of unsecured bonds on a private placement basis to…