Business

CarTrade Tech has completed the acquisition of Sobek Auto India Private Limited, the company that owns OLX India's auto sales division, for Rs 535.54 crore. CarTrade Tech said the acquisition...

SK Telecom, South Korea's largest wireless carrier, said it will invest $100 million in the US artificial intelligence (AI) company Anthropic in a partnership deal to expand its footprint in...

Huawei on Friday said its consumer business (which includes smartphones) rose 2 per cent to 103.5 billion yuan (over $14.3 billion) in the first half of 2023, showing definite signs...

India's wearable marker registered a growth of 53.3 per cent (year-over-over) in the first half of 2023 (1H23), shipping 57.8 million units, a new report has said. According to the...

Software giant Infosys will set up Uttar Pradesh's first Makers Lab at Dr APJ Abdul Kalam Technical University (AKTU). The lab will have Artificial Intelligence, Internet of things, Robotics and...

Japanese investment giant SoftBank on Tuesday reported an unexpected loss of 477,616 billion yen ($3.3 billion) in the first quarter (Q1) covering April-June, despite an investment gain from its massive...

US President Joe Biden has slapped new bans on investments in advanced technology industries in China in order to protect national security. President Biden signed an executive order late on...

Retail giant Walmart has reportedly paid $1.4 billion to acquire VC form Tiger Global’s remaining shares in the e-commerce major. According to a report in Wall Street Journal, Walmart has...

‘Mass’ consumers are projected to drive $1.3 trillion in the overall Indian retail market by 2030, a new report said on Wednesday. In terms of gross merchandise value (GMV), mass...

Amazon announced it had acquired primary healthcare organisation One Medical for approximately $3.9 billion as the e-commerce giant steps up efforts to reinvent healthcare in the digital and virtual era....