Microsoft has unveiled plans to invest £2.5 billion over the next three years to expand datacentres for artificial intelligence (AI) across the UK. Prime Minister Rishi Sunak hailed the move as “a turning point for the future of AI infrastructure and development in the UK”. The tech giant said it is committing to more than…
Bonds are nothing but debt securities that are issued to raise funds. In India, bonds are issued by banks, corporate houses, and governments. By issuing a floating bond or common bond, the bond issuing agency, bank or government borrows capital at a fixed or floating interest rate for a specified period. The above statement clears…
5G is expected to account for nearly 68 per cent of all subscriptions by 2029 while average data traffic per smartphone may rise more twofold, according to a report released on Thursday. 5G subscriptions are projected to reach around 130 million this year and 860 million by the end of 2029, the Ericsson Mobility…
ITD Cementation India Ltd. secured a contract worth Rs 1,001 crore for the civil and hydromechanical works of a 500-megawatt hydel power pumped storage project in Andhra Pradesh. ITD Cementation is a leading engineering and construction company that undertakes heavy civil, infrastructure, engineering, procurement and construction business. Shares of ITD Cementation India closed 0.06%…
After voting in Telangana, elections have been completed in five states of the country. After which the exit polls of all the five states have also come. Exit polls show Congress forming government in most of the states. Well, we will not talk about exit polls now. If we talk about the total candidates of…
The country’s largest multiplex operator PVR Inox will open 150 screens in the next fiscal with an investment of about Rs 500 crore, a top company official has said. The company, which opened a six-screen luxury cinema at Maison Inox in Mumbai on Thursday, already runs 118 screens across 23 properties in the megapolis….
Cab aggregator Uber, on Thursday, announced the launch of its global flagship electric vehicle service Uber Green in Bengaluru. The initiative allows users in the city to choose low-emission ride options that connect them with hybrid and fully electric vehicles. Karnataka Information Technology Minister Priyank Kharge flagged off the first Uber Green vehicles from…
Grounded Go First’s CEO Kaushik Khona has put in his papers, nearly seven months after the no-frills airline filed for insolvency proceedings. In an e mail to the airline’s employees on Thursday, Khona said that November 30 is his last day at the company. Khona had returned to Go First in August 2020 as…
The trend of mid-size SUV is continuously increasing in India. Although there are many options available in this segment, but among them, MG Astor is such a car which stands true on every parameter. TV9 team tested MG Astor SUV in its ‘Teri Gaadi Mein Main’ series. We talked to Vibhash Gupta who is the…
Comedian Vir Das, who has won the prestigious International Emmy Award for Comedy for his standup special ‘ Vir Das : Landing’, has received a handwritten note from actor Priyanka Chopra . He shared a picture of the note on his social media handle. Vir Das took to X to share a photo of…