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The first hydrogen-powered truck in India, which can transport 40 tonnes of freight over a 200-kilometer radius, was used for mining operations in Chhattisgarh, the Adani Group announced on 10 May. As part of its efforts to promote cleaner transportation, the group's flagship company, Adani Enterprises, waved off
GlobalBees, a FirstCry affiliate, keeps losing employees. According to various media reports, over the past three to four months, three members of GlobalBees' board of directors have resigned: Kaveesh Chawla, board representative of Premji Invest; Sudhir Kumar Sethi, board representative of Chiratae Ventures; and Harsha Deepak Kumar, board representative
According to reports, BluSmart's current backers, which include BP Ventures and ResponsAbility Investments, intend to provide $30 million (INR 253.64 Cr) to help the electric taxi hailing business get back on its feet. According to media reports, the money will be in the form of unsecured debt
The makers of ChatGPT have exciting news. OpenAI's Sora picture generator is now available for free via ChatGPT. Now, all users have to do to create photos for free is enter a prompt using words, just like they usually do. The chatbot has been merged with this capability,
The president of the union that represents workers announced on 2 May that General Motors is cutting off roughly 750 employees at its Oshawa Assembly facility as it adjusts shifts because of US tariffs. According to a news release from Unifor, the plant, which employs about 3,000 people, will
500 workers will be let go by CrowdStrike. The decision to lay off roughly 5% of its global workforce was made public by the cybersecurity software company on 7 May. George Kurtz, the CEO of the company, claims that this choice is consistent with the plan to advance artificial intelligence&
On May 7, IFFCO-Tokio, a leading general insurer, announced the debut of "Comprehensive Home Protector", a home insurance product that eliminates any insurance gaps. The product covers the risk of loss or damage to the insured's and their family's tangible assets, interests, and liabilities.
According to various media reports, OpenAI, the company behind ChatGPT, has informed investors that it intends to reduce the revenue share it gives to Microsoft, its biggest sponsor, by 2030. The announcement of OpenAI's intentions to lower Microsoft's income share follows the corporation's decision
According to media sources, the IndiaAI Mission has selected seven businesses for technical review under the second phase of the graphics processing units (GPU) tender, including partners of Google Cloud, Oracle, and Amazon Web Services (AWS). The companies Cyfuture India, Sify Digital Services, Vensysco Technologies, Locuz Enterprise Solutions, Yotta Data
Zomato, a prominent player in the foodtech industry, has suspended a policy that asked restaurant partners to split 50% of refund costs, just weeks after it was introduced. The new policy has been gradually implemented by Zomato over the last few months. Zomato stated in the emails it issued to
A group has apparently been established by the Centre to examine current copyright legislation in light of the growing number of issues pertaining to artificial intelligence (AI). According to a media report, the Union trade ministry last month formed a group consisting of eight specialists to investigate AI-related issues and
PwC is the most recent of the Big Four accountancy firms to lay off employees. The company is laying off about 1,500 workers in the US, or about 2% of its 75,000-person US workforce, according to a media report. Employees in the audit and tax departments are the
This month, Google is getting ready to host Google I/O 2025, its annual developer conference. However, the tech giant has unveiled a new iteration of its AI model, Gemini, ahead of its annual software presentation. The company's flagship Gemini 2.5 Pro AI model has been enhanced
In order to secure exclusive licenses for its digital-first food brands, such as The Bowl Company (TBC), Homely, Soul Rasa, and Istah, foodtech giant Swiggy has partnered with Bengaluru-based Kouzina Food Tech. As part of this agreement, Kouzina will use its asset-light, cloud kitchen approach to oversee all facets of
Cybersecurity professionals and security agencies are keeping a close eye on Indian cyberspace to look for any infiltration from malicious actors in the wake of the Pahalgam terrorist assault, which has increased geopolitical tensions between India and Pakistan. Cybersecurity professionals and authorities are actively scanning cyberspace to identify any new
According to LiveLaw, the Delhi High Court on 5 May denied an interim injunction petition that the IPL team Royal Challengers Bangalore (RCB) had brought against Uber Moto over a purportedly offensive YouTube ad that featured Travis Head of Sunrisers Hyderabad (SRH). RCB's request for an interim injunction
According to a media outlet, Tata Consultancy Services (TCS) has cut top staff' variable pay for the January–March quarter. The top software exporter in the nation has reduced variable pay for some employees for the third consecutive quarter. As per a TCS employee cited in the paper, variable
The massive Japanese bank Sumitomo Mitsui Banking Corp. (SMBC) is in advanced negotiations to purchase a sizeable portion of YES Bank. The State Bank of India (SBI), which owns 24% of YES Bank and has been looking for a long-term buyer since the bank's turnaround since its bailout
Evera Cabs, an app-based electric taxi service provider, announced on 5 May that it has begun the process of reclaiming 500 electric taxis that were formerly run by the troubled BluSmart. According to a statement from Evera Cabs, 220 cars have already been purchased, and the remaining 280 will be
Chhattisgarh Chief Minister Vishnu Deo Sai laid the cornerstone for the nation's first artificial intelligence-based data centre park in Sector-22 of Nava Raipur on 3 May. The state-of-the-art complex, which spans 13.5 acres, is expected to put Chhattisgarh in the forefront of India's technical advancement.
For INR 16.9 Cr (about $2 Mn), the skilling startup FinX, which focuses on financial services, has purchased a 100% share in the Bombay Stock Exchange's training division, BSE Institute. According to a statement from FinX, the acquisition would allow the company to increase the number of
According to reports, Tata Electronics is in talks to add NXP Semiconductors, a leading semiconductor design company, as a major client. Through their agreement, Tata will manufacture NXP's products at its outsourced semiconductor assembly and test (OSAT) facility in Assam and its future semiconductor fab factory in Gujarat.
As part of the ongoing restructuring, Ola founder Bhavish Aggarwal wants to move ANI Technologies' intellectual property (IP) rights to the Ola name to a holding firm run by his family office. As the larger markets and sectors change, Ola's spokesman informed a media outlet that the
Weeks after the EV ride-hailing company abruptly suspended operations, hundreds of BluSmart driver partners have started protesting throughout Delhi-NCR, calling for compensation and alternative employment. The drivers, many of whom call BluSmart the best platform they've ever used, claimed they were left in the dark about unpaid invoices