Tamil Nadu government opens doors for electric vehicle makers
At a time when Tamil Nadu has seen the closure of the Ford India unit, state Industries Minister Thangam Thennarasu said the state was expected to see investment worth around Rs 35 trillion by 2030 and had got projects of about Rs 20,000 crore since the new government...
Blue Yonder Hit by Ransomware Attack, Disrupting US and UK Grocery Chains’ Operations
Blue Yonder, an Arizona-based software company acquired by Panasonic in 2021, has confirmed it was targeted in a ransomware attack this weekend. The attack primarily impacted the company’s private cloud services, which it provides to some clients, including major grocery chains in the US...
Google, Microsoft beat Street with $110-billion revenue haul
Big Tech’s earnings boom stretched into the third quarter, with the pandemic surge in cloud computing, and a strong rebound in digital advertising, all but confirming 2021 will be a banner year for the sector.
Quarterly revenues of the technology giants Microsoft and Google parent Alphabet soared beyond Wall...
Even with New Variants, Experts Say We May Not Need COVID-19 Booster Shots
The coronavirus has already gone through many mutations and will continue to evolve over time.Growing evidence suggests the vaccines will provide long lasting immunity, even against new variants.But experts are watching the variants closely to see whether a booster shot will be needed to...
Zomato Delivers IPO Feeding Frenzy, 3 More Unicorns Line Up
The market for initial public offerings (IPOs) in India is turning into a feeding frenzy.
The amount of money raised in IPOs this year has reached $8.8 billion, already surpassing the totals of the past three years though it's only August. At the current pace,...
Dollar Edges Higher; Central Bank Meetings in Focus
The dollar edged higher Tuesday, but remained near recent lows after last week’s frail jobs report, while attention turns to a number of central bank meetings during the week.
At 2:55 AM ET (0755 GMT), the Dollar Index, which tracks the greenback against a basket...
Sensex, Nifty end lower in see-saw session; HDFC bucks trend
Market benchmarks closed in the red after a highly volatile session on Wednesday despite a positive trend in global equities amid signs of cooling of Russia-Ukraine tensions.
The 30-share BSE Sensex swung nearly 800 points during the session before closing at 57,996.68 -- marking a loss of...
European Stock Futures Higher; PMI Data in Spotlight
European stock markets are expected to open higher Monday helped by some bargain hunting after last week’s sharp selloff, but confidence remains brittle with a raft of manufacturing surveys likely to point to a slowing global economic recovery in the face of the new...
Heart ‘Calculators’ Overlook Increased Risk for People of South Asian Ancestry
Researchers say current heart health calculation tools may be underestimating the risk of heart attack and stroke for people of South Asian descent.They say these heart “calculators” should be adjusted to account for this higher risk.Researchers also note that more studies should be done...
Flu, Colds Increasing as COVID-19 Restrictions Are Eased: Here Are the Symptoms for Each Illness
Many health officials expect influenza and cold cases to increase this fall and winter as COVID-19 safety protocols are eased.Experts note many symptoms for the flu and COVID-19 are similar, including fever and body aches. However, breathing difficulty is more common with COVID-19.Health officials...