Aggarwal recently launched “Made for India” ChatGPT equivalent that he said will support 10 Indian languages. Krutrim, the AI startup founded by Ola’s Bhavish Aggarwal, has raised USD 50 million in a funding round led by Matrix Partners India. Aggarwal said the funding was at a valuation of over USD 1 billion. This makes it… Continue reading Ola founder’s Krutrim India’s 1st AI unicorn
Author: Economic Times of India Online News
To decongest Ayodhya, NHAI plans INR 3,500 crore 68 km bypass
NHAI wants to finish construction in two-and-a-half years. New Delhi: In its bid to decongest Ayodhya and adjoining areas, the road transport and highways ministry has sought special approval from the Centre for building a 68km greenfield bypass with an investment of INR 3,570 crore. NHAI has invited bids for this 4/6 lane highway that… Continue reading To decongest Ayodhya, NHAI plans INR 3,500 crore 68 km bypass
Road ministry to come up with cashless treatment for accident victims
According to road secretary Anurag Jain, the nationwide scheme, to be introduced by the ministry, will be merged with the final scheme to be launched by the ministry of health and family welfare at the later stage. The government will soon come up with a cashless treatment facility for all road accident victims at the… Continue reading Road ministry to come up with cashless treatment for accident victims
Vietnam should seize a rare opportunity to take on China
Vietnam’s abundance of these ores is catching the attention of its government as well as foreign leaders. Vietnam’s hopes of becoming a production hub to rival China are showing momentum. A big boost will come as the nation leans into its untapped reserves of rare earths, even as it struggles to find traction in new… Continue reading Vietnam should seize a rare opportunity to take on China
Italy’s premier slams Stellantis over reduced Italian footprint since Peugeot-FiatChrysler tie-up
The carmaker said production in Italy grew by nearly 10% last year to 752,000 vehicles, two-thirds of which were exported Italian Premier Giorgia Meloni slammed carmaker Stellantis, accusing it of weakening Italy‘s industrial footprint since the merger of FiatChrysler and PSA Peugeot that created the world’s fourth largest auto maker. As one of Italy’s top… Continue reading Italy’s premier slams Stellantis over reduced Italian footprint since Peugeot-FiatChrysler tie-up
‘Demand for industrial, warehousing spaces in Delhi-NCR falls 42% last yr on high base effect’
Key logistics firms including DHL and Delhivery actively leased warehouse spaces during the last year. New Delhi: Delhi-NCR witnessed a sharp 42 per decline in demand for warehouse and industrial spaces last year on high base effect and lower new supply, according to Colliers. The gross leasing of Grade-A industrial & warehousing spaces fell to… Continue reading ‘Demand for industrial, warehousing spaces in Delhi-NCR falls 42% last yr on high base effect’
IGL net profit jumps 41% on higher CNG, piped gas sales
IGL operates city gas distribution (CGD) networks across 30 districts in 11 geographical areas across four states of Delhi, Uttar Pradesh, Haryana and Rajasthan. New Delhi: Indraprastha Gas Ltd, India’s leading CNG retailer, has reported a 41 % jump in third quarter net profit, as the firm recorded higher sales of CNG to automobiles and… Continue reading IGL net profit jumps 41% on higher CNG, piped gas sales
Not just FAME, EV industry wants FM Sitharaman to do these changes in Budget Bahi Khata
here is almost a consensus on the government continuing FAME subsidies in FY25. The electric vehicle industry in India is advancing at a rapid pace. However, industry players note that it still needs some hand-holding as it is yet to mature. There is almost a consensus on the government continuing FAME subsidies in FY25. Along… Continue reading Not just FAME, EV industry wants FM Sitharaman to do these changes in Budget Bahi Khata
Copper retreats as strong US data strengthens dollar
Earlier gains are reversed after latest data showed expansion of U.S. economy largely shrugged off dire predictions of a recession. It sent support to the dollar which are already at a six-week high. Copper prices softened on Thursday on a stronger U.S. dollar as the world’s largest economy grew at a faster pace than expected… Continue reading Copper retreats as strong US data strengthens dollar
Delhi Metro unveils specially wrapped train for Republic Day
The DMRC on Wednesday facilitated a metro ride for 100 people from tribal communities representing every state and Union Territory of India, the statement said. New Delhi: The Delhi Metro on Thursday unveiled a train exclusively wrapped to celebrate the 75th Republic Day, officials said. The special train was flagged off from the Mandi House… Continue reading Delhi Metro unveils specially wrapped train for Republic Day