AI, IoT, robotics, big data analytics driving shift toward smart factories, says Aveva
[ad_1] Aveva Group Limited. File | Photo Credit: aveva.com As Indian enterprises embrace the fourth industrial revolution (Industry 4.0), industrial intelligence—the convergence of AI, IoT, robotics, and big data analytics—is driving a profound shift toward smart factories, optimised operations, and resilient supply chains, said Aveva, which provides industrial software and is part of the Schneider Electric Group. The company said
No more beef over beef: Australia to finally take a bite of American meat; ‘we are going to sell so much’ says Donald Trump
[ad_1] Australians will be finally biting onto American meet burgers and steaks as Canberra has decided to remove the trade barriers obstructing US meat’s way into the country.US President Donald Trump on Thursday (local time) hailed Australia’s decision to lift a decades-long ban on American beef as a “historic win” and proof that US produce is the “safest and best
‘Confident India will get special treatment…’: Piyush Goyal says trade deal talks with US making ‘fantastic’ progress; ‘important to…’
[ad_1] India has hardened its stance on opening its agriculture and dairy sector – a consistent stand in all its trade deals so far. (AI image) India-US trade deal negotiations are making ‘fantastic’ progress according to Commerce Minister Piyush Goyal. His statement comes days ahead of US President Donald Trump’s reciprocal tariff deadline of August 1. Both India and the
FCC approves $8 billion Paramount-Skydance merger
[ad_1] The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount Pictures and the Nickelodeon
American Airlines 2Q 2025 earnings
[ad_1] American Airlines shares slumped close to 10% Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and the airline reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom told CNBC’s “Squawk Box” that the results are driven by consumer weakness, flat corporate travel demand that continued
NFL, ESPN closing in on equity ownership deal
[ad_1] Key Points The NFL is closing in on a deal to take a minority stake of up to 10% in ESPN, according to people familiar with the matter, potentially tying together two powerhouse brands in sports. The discussions are ongoing, and it’s possible the final deal may arrive at a smaller stake, according to the people. ESPN would own all of
8th Pay Commission: What is the fitment factor; how it may impact salary hike of central government employees
[ad_1] 8th Pay Commission news: As the central government has begun consultations with key stakeholders, including the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training, and state governments, as part of the process to constitute the 8th Central Pay Commission (CPC) to revise pay structures for nearly 50 lakh central government employees and 62 lakh pensioners,
Microcap stocks defy market: 50 stocks rise over 200% amid selloff; analysts caution over poor earnings, bubble risk
[ad_1] Even as benchmark indices have struggled since the September 2024 selloff, a clutch of little-known microcap and penny stocks have delivered blockbuster returns, with at least 50 companies gaining over 200%—and some surging by as much as 5,500%, according to an Economic Times report.Leading the list is RRP Semiconductor, a Maharashtra-based firm whose shares skyrocketed from Rs 50.6 to
India-UK FTA is a boon to Indian textile industry
[ad_1] The India-UK FTA is likely to boost the already growing exports of ready-made garment At a time when tariff talks with the US are hanging in the balance, the Free Trade Agreement (FTA), signed on Thursday, with the UK is a boon for India’s textile industry. The UK is a global fashion hub and the world’s fifth largest garment
IRDAI moots internal insurance ombudsman mechanism for complaints in upto ₹50 lakh claims
[ad_1] Insurance regulator IRDAI is proposing an internal ombudsman mechanism in insurance companies to address complaints involving claims up to ₹50 lakh. It will applicable to all insurers, except reinsurers, who have been in operation for more than three years. The objective is to set up an independent and impartial review mechanism within insurers to address unresolved or escalated
Pass on benefits of import duty cuts in edible to consumers: Minister to industries
[ad_1] Employees fill plastic bottles with edible oil at an oil refinery plant in Mundra. File | Photo Credit: REUTERS Union Food Minister Pralhad Joshi has asked edible oil industry to be prompt on passing the benefits of duty reduction on crude edible oils to consumers to ensure that consumers experience a corresponding decrease in retail prices. He was addressing
UK to provide 1,800 visas annually for yoga instructors, classical musicians and chefs, among others
[ad_1] File picture: Professionals deployed on contracts such as architects, engineers, chefs, yoga instructors, and musicians, will benefit from simplified visa procedures and liberalised entry categories, making it easier for talent to work in the UK | Photo Credit: RAO GN The Free Trade Agreement (FTA) between India and the UK will enable India’s professionals to work in 35 UK
McDonald’s to test drinks inspired by CosMc’s
[ad_1] Something Bold (and Delicious) is Brewing at McDonald’s: A First Sip into the Future of Beverages Courtesy: McDonald’s McDonald’s said Thursday it is planning to test new coffee drinks, refreshers and flavored sodas at more than 500 restaurants later this summer, hoping to cash in on younger consumers’ love for fun, colorful drinks. “We’re seeing real momentum in beverages,
Eli Manning invests in sports equipment maker XTech
[ad_1] Two-time Super Bowl MVP Eli Manning may have hung up his shoulder pads, but he’s still taking interest in the gear. The former New York Giants quarterback on Thursday announced he has invested in sports protective equipment maker XTech. Manning, who wore XTech shoulder pads during his playing days, said he took a stake in the company because he
Novo Nordisk-DRL case on semaglutide takes a fresh turn
[ad_1] The ongoing patent-infringement battle between Novo Nordisk and Dr Reddy’s Laboratories (DRL) over semaglutide, the active ingredient in weight-loss and diabetes drug Wegovy/Ozempic, has taken a fresh turn. The Danish drugmaker is said to have appealed before the division bench of the Delhi High Court to restrain DRL from exporting the product, an Intellectual Property Rights lawyer told businessline.
UnitedHealth facing DOJ investigation over Medicare billing
[ad_1] UnitedHealth Group revealed Thursday it is facing Department of Justice investigations over its Medicare billing practices, adding to a string of setbacks for a company that owns the nation’s largest and most powerful private insurer. In a securities filing, the company said that it has started complying with formal criminal and civil requests from the DOJ, and that it
Comcast spinoff Versant announces board of directors
[ad_1] Versant signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, July 21, 2025. Michael Nagle | Bloomberg | Getty Images Comcast on Thursday announced the expected board members of its cable networks spinout, Versant. They come from backgrounds in media, technology, finance and other industries, according to Versant. Versant will be
DoT launches online secure Digital Intelligence Platform to tackle cybercrime and financial frauds
[ad_1] DoT has created an online secure Digital Intelligence Platform (DIP) for the exchange of information pertaining to abuse of telecom resources among the stakeholders for cybercrime prevention and financial frauds. Around 620 organisations have been onboarded on DIP, including central security agencies, State/UT Police, I4C, Goods & Service Tax Network (GSTN), Banks, TSPs, etc. MHA’s role in cybercrime governance
Railroad merger buzz: Union Pacific posts $1.8 billion Q2 profit, Norfolk Southern deal talk lifts stocks
[ad_1] Union Pacific reported a robust second-quarter adjusted profit of $1.8 billion, or $3.03 per share, exceeding Wall Street’s expectations amid ongoing merger speculation with rival Norfolk Southern, the smallest of the six major US freight railroads.The Omaha-based rail giant said its operating revenue grew 2% year-on-year to $6.2 billion. Analysts had expected earnings of $2.91 per share, according to
Family office deals have fallen in 2025 as investors wait for clarity
[ad_1] Key Points Private investment firms of the ultra wealthy made 375 direct investments in the first half of 2025, a 32% annual drop, according to Fintrix. Family offices are still showing interest in hard assets needed by AI, such as data centers, and are also looking abroad. Family office experts told CNBC that firms have capital they need to
Tulsi Therapeutics completes pre-clinical trials of stem cell–exosome therapy for liver failure
[ad_1] Tulsi-28x showed reversal of liver fibrosis (indicating liver regeneration) resulting in zero deaths, compared to only 14 per cent reversal and 43 per cent deaths in the untreated control group | Photo Credit: CIPhotos Tulsi Therapeutics, a start-up incubated at ASPIRE-BioNEST at the University of Hyderabad (UoH), has announced the “world’s first successful animal trial’‘ of a novel stem
India-UK trade deal signed: Landmark multi-billion dollar free trade agreement sealed during PM Modi’s visit; all about the FTA
[ad_1] India-UK Trade Deal (AI image) India-UK free trade deal: In a historic step, the India-UK free trade agreement (FTA) was signed in the presence of PM Narendra Modi and UK PM Keir Starmer. The trade deal which was agreed upon in May this year, was signed on Thursday during PM Modi’s visit to the United Kingdom.The agreement has been
Nvidia’s senior director of robotics research Dieter Fox joins AI2 non-profit
[ad_1] Dieter Fox had been at Nvidia for almost eight years [File] | Photo Credit: allenai.org Nvidia’s former senior director of robotics research, Dieter Fox, announced this month that after almost eight years with the AI chipmaker, he had joined the Allen Institute for AI non-profit research institute as a senior research director, and was building a robotics team. Mr.
VA TECH Wabag bags ₹2,332 cr sea water desalination plant order in Saudi Arabia
[ad_1] The project encompasses the scope of design, engineering, supply, construction and commissioning of a 300 MLD mega desalination plant. | Photo Credit: iStockphoto VA TECH Wabag, a pure-play water technology company, has been awarded a 300 Million Litres per Day (MLD) Sea Water Reverse Osmosis (SWRO) mega desalination plant at Yanbu, in the Kingdom of Saudi Arabia. The order
India’s sports market to grow at 10-12% CAGR by 2030, exports to surge to $660 million in FY26: Report
[ad_1] One of the key drivers behind this growth is the Indian sports equipment manufacturing sector, which is seeing steady expansion. India’s sports market is expected to register a Compound Annual Growth Rate (CAGR) of 10-12 per cent through 2030, supported by government initiatives promoting sports participation and rising interest in fitness, according to a recent report by CareEdge Ratings.