Business
October 15, 2024
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Google goes nuclear to power AI data centres

Google has signed a deal to use small nuclear reactors to generate the vast amounts of energy needed to power its artificial intelligence (AI) data centres. The company says the agreement with Kairos Power will see it start using the first reactor this decade and bring more online by 2035. The companies did not give […]

Business
October 14, 2024
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Times Network tops 100mn monthly users on digital platforms

MUMBAI: Times Network has crossed 100 million monthly unique users across digital platforms, data released by Comscore showed. As of Aug 2024, about 104 million users visited the network’s digital platforms, surpassing NDTV, ABP Network, Jagran and The Indian Express, according to a statement issued by Times Network. Times Network Digital recorded a 168% growth […]

Business
October 14, 2024
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Boeing factory strike crosses 1-month mark as pressure mounts on new CEO

Boeing Machinists union members picket outside a Boeing factory on September 13, 2024 in Renton, Washington.  Stephen Brashear | Getty Images It’s been just over a month since more than 30,000 Boeing machinists walked off the job after overwhelmingly voting down a tentative contract. Costs and tensions have only risen since then. The strike is […]

Business
October 14, 2024
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PLI Scheme For White Goods: 38 Firms Commit Investments Worth Rs 4,121 Crore

New Delhi: In a boost for local manufacturing, 38 companies have applied for the PLI scheme for white goods (air conditioners and LED lights) with a net committed investment of Rs 4,121 crore in the third round, the government informed on Monday.   The third round of the online application window ended on October 12 after […]

Business
October 14, 2024
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Jio Platforms Q2 Profit Rises 23.4% To Rs 6,539 Crore, ARPU At Rs 195.1

Last Updated: October 14, 2024, 20:17 IST Reliance Jio announces Q2 FY25 financial results. The company’s revenue from operations rose 18 percent to Rs 31,709 crore in the September quarter Jio Platforms Ltd, the digital services unit of India’s largest conglomerate and parent of Reliance Jio Infocomm Ltd, on October 14 reported a 23.4 percent […]

Business
October 14, 2024
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CCPA Directs Ola To Allow Consumers Choice Of Refund Method

The Central Consumer Protection Authority (CCPA) has instructed Ola, to implement a consumer-friendly mechanism allowing customers to choose their preferred refund method. According to the Ministry of Consumer Affairs, Food and Public Distribution, consumers will now have the option to receive refunds either directly to their bank accounts or via coupons, a significant change from […]

Business
October 14, 2024
4 views 6 mins 0

Starmer defends workers' rights as 'pro-growth'

EPA Sir Keir Starmer has defended the government’s plans to overhaul and increase workers’ rights as “pro-growth”. The prime minister also told a major business summit in the UK he would scrap regulation that “holds back investment” and would ask regulators to prioritise growth. The government’s Employment Rights Bill proposes a number of changes including […]

Business
October 14, 2024
4 views 3 mins 0

Spanish firm set to buy Harland and Wolff

Getty Images Harland and Wolff was bought out of administration in 2019 Spain’s state-owned shipbuilder Navantia is in exclusive talks to buy Harland and Wolff, the Belfast-based shipyard. Harland and Wolff, best known for building the Titanic, also has operations at Appledore in England and Methil and Arnish in Scotland. Navantia already has a business […]