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Generative AI can add cumulative USD 1.2-1.5 trillion to India’s GDP by FY30: EY
NEW DELHI: Generative artificial intelligence (Gen AI) has the potential to add a cumulative USD 1.2-1.5 trillion to India’s Gross…
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Activision to pay USD 50 million to settle workplace harassment lawsuit
Activision Blizzard will pay roughly USD 50 million to settle a 2021 lawsuit by a California regulator that alleged the…
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World Bank drives Covid-19 recovery in East Asia, Pacific with USD 1.9 billion commitment and vaccination success
NEW DELHI: Countries in East Asia and the Pacific (EAP) were among the first and hardest hit by the Covid-19…
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Doon School alum Umang Dua’s start-up secures USD 18 million in seed funding
An environment where raising funds by start-ups in the US is considerably tough has not been a deterrent for Indian…
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In a first, NSE listed companies’ market capitalisation surpass USD 4 trillion mark
NEW DELHI: The market capitalisation of listed companies on the NSEhas surpassed the USD 4 trillion (Rs 334.72 trillion) mark…
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Zara founder buys Amazon logistics centre in Dublin for USD 245 million
MADRID: Spanish billionaire and Zara founder Amancio Ortega has bought a logistics centre mainly used by Amazon in Dublin, Ireland,…
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Prosus cuts Byju’s valuation to under USD 3 billion
MUMBAI: Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju’s at under USD 3 billion,…
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Sri Lanka to OK Sinopec’s USD 4.5 billion refinery proposal: Energy minister
COLOMBO: Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a USD 4.5-billion-dollar…
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Bangladesh expects USD 1.1 billion in loans from the IMF, ADB by December
DHAKA: Bangladesh expects to receive USD 1.1 billion in loans from the International Monetary Fund (IMF) and the Asian Development…
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Asian Development Bank unleashes USD 170 million wave to transform Kochi’s water landscape
KOCHI: In a significant development, the Asian Development Bank (ADB) has given the nod to a USD 170 million loan…
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