CHENNAI: Samsung India Employees’ Union has ended its over-a-month-long strike and hundreds of workers are expected to return to work on Thursday. Tamil Nadu govt on Tuesday said all issues have been resolved amicably and both parties have signed an agreement, adding that various demands of the striking workers have been accepted by the company….
Nvidia is the second most valuable company in the world, with a market cap of over $3 trillion. At market close on Monday, shares of the AI chipmaker hit an unprecedented high of $138.07 before falling to $131.32 at the time of writing. Nvidia’s performance is tied to strong demand for its AI chips. Nvidia…
Microsoft has invested billions in AI and plans to reopen a nuclear power plant in Pennsylvania to power the technology. Still, Marc Benioff, CEO of enterprise competitor Salesforce, says that Microsoft’s efforts aren’t enough and that Microsoft has actually done a “tremendous disservice” to the AI industry. “When you look at how Copilot has been…
BENGALURU: HCLTech’s revenue rose by 5.9% in constant currency in the Sept quarter compared to the year-ago period. Its revenue grew by 1.6% quarter-on-quarter despite the State Street divestment. The firm consolidated its operations in India, acquiring a 49% stake in State Street HCL Services, a joint venture between the global financial services firm and…
In 2002, Chaya Conrad, a then Whole Foods bakery team leader in New Orleans, created a cake inspired by her grandmother. The fluffy yellow cake is layered with a frosting made with mascarpone and cream cheese and folded with berries. Over the last 22 years, the “Berry Chantilly” cake has become a wedding staple and…
At Tesla’s “We, Robot” event on Thursday, CEO Elon Musk announced the upcoming Cybercab robotaxi and 20-seater, self-driving Robovan, but the grand finale was a line of Optimus robots. Though Musk claimed that the humanoid robot was “the biggest product of any kind, ever,” new reports show that the futuristic robots were remotely controlled by…
RIL Q2 results: Revenue from operations saw a slight increase of 0.2% year-on-year (YoY), reaching Rs 2.35 lakh crore. RIL Q2 FY25 results: Reliance Industries Ltd (RIL), owned by Mukesh Ambani, announced on Monday a decrease of 5% in its consolidated net profit for the quarter that ended in September 2024, amounting to Rs 16,563…
NEW DELHI: Central Consumer Protection Authority (CCPA) has directed ride-hailing platform Ola to offer a choice to customers to either opt for a refund directly in their bank accounts or a coupon that can be redeemed against booking another ride. It observed that only giving a coupon is “unfair trade practice“.The authority also instructed the…
NEW DELHI: The Central Consumer Protection Authority has directed ride-hailing platform Ola to implement consumer-friendly changes, including offering refund options and providing receipts for auto rides, the regulator said on Sunday. The CCPA, led by chief commissioner Nidhi Khare, observed that Ola’s no-questions-asked refund policy only provided coupon codes for future rides, without giving consumers…
To ensure easy and adequate credit availability to the MSME sector, the State Bank of India (SBI) is planning to enhance the threshold under the instant loan scheme from the existing Rs 5 crore. ‘MSME Sahaj – End to End Digital Invoice Financing‘, provides solutions ranging from applying for the loan, documentation and disbursement of…
