IBM, IIT Bombay collaborate to accelerate AI research in India
Mumbai, Sep 12 (IANS) Tech giant IBM on Wednesday announced a partnership with IIT Bombay to advance artificial intelligence (AI) research in India.
Ericsson, T-Mobile ink $3.5 bn deal to facilitate 5G deployment
San Francisco, Sep 12 (IANS) Swedish communication services giant Ericsson and US-based wireless network operator T-Mobile on Wednesday signed a multi-year contract worth $3.5 billion to support the latter’s nation-wide deployment of 5G network.
13 projects for coal extraction identified: CIL chief
Kolkata, Sep 12 (IANS) Coal India Ltd (CIL) has undertaken rail infrastructure projects for planned growth in production and sales and as many as 13 projects for coal extraction have been identified, Chairman Anil Kumar Jha said on Wednesday.
Markets open on high note on Wednesday
Mumbai, Sep 12 (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.
Rupee inches closer to 73, hits 72.91/$
Mumbai, Sep 12 (IANS) Continuing its downward trend, the Indian rupee hit a new low of Rs 72.91 on Wednesday morning.
Inflationary risks depress rupee; touches new low of 72.74
Mumbai, Sep 11 (IANS) Inflationary risks along with broadly negative global cues depressed the Indian rupee to a new low of 72.74 to the US dollar during late afternoon session on Tuesday.
Petrol touches Rs.90.11 in Maharashtra’s Parbhani
Parbhani (Maharashtra), Sep 11 (IANS) Petrol prices on Tuesday breached the psychological barrier of Rs 90 and touched a scorching Rs 90.11 in Maharashtra’s Parbhani – a new record in India, an official said.
Global cues subdue equity indices
Mumbai, Sep 11 (IANS) Broadly negative global cues subdued the key Indian equity indices during the morning traded session on Tuesday.
Sustained rupee falling credit-negative for Indian firms: Moody’s
Mumbai, Sep 10 (IANS) The ongoing free fall of the rupee against the US dollar is credit negative for Indian companies, especially for those that generate revenue in rupees but rely on dollar debt to fund their operations and have substantial dollar-based expenses, Moody’s Investors Service said on Monday.
India refuels Tejas fighter midair over Gwalior in MP
Bengaluru, Sep 10 (IANS) In a first, India’s defence behemoth Hindustan Aeronautics Ltd (HAL) on Monday refuelled a Tejas fighter aircraft midair over Gwalior in Madhya Pradesh, said the company here.