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LG unveils world
Business

LG unveils world's 1st wireless transparent OLED TV at CES 2024

Las Vegas, Jan 8: LG Electronics has unveiled a wireless transparent TV featuring an organic light-emitting diode (OLED) screen that looks as if it disappears when turned off. The LG Signature OLED T combines transparent OLED technology with wireless AV transmission and reception, allowing...
FMCG stocks lead market lower
Business

FMCG stocks lead market lower

New Delhi, Jan 8: The year-end rally which took the Nifty up by around 14 per cent from the 2023 October lows, is slowly running out of steam, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services. The major challenge for the rally comes from the US market which is showing...
Underperforming sectors from past decade led 2023 markets rally
Business

Underperforming sectors from past decade led 2023 markets rally

New Delhi, Jan 8: The recovery of underperforming sectors from the past decade -- such as Real Estate, Capital Goods, PSUs, Industrials, Defence -- led the markets rally in 2023, as per a report by Motilal Oswal Financial Services. The top gainers in the sectoral space were: Real Estate (+81 per...
SentinelOne acquires Bengaluru-based PingSafe for over $100 mn: Report
Business

SentinelOne acquires Bengaluru-based PingSafe for over $100 mn: Report

New Delhi, Jan 8: AI-powered cybersecurity company SentinelOne has acquired Bengaluru-based security startup Pingsafe for more than $100 million, the media reported on Monday. Peak XV-based PingSafe, a leader in Cloud Native Application Protection Platforms (CNAPP), was acquired by US-based...
Motorola appoints TM Narasimhan to lead its India business
Business

Motorola appoints TM Narasimhan to lead its India business

New Delhi, Jan 3: Motorola Mobility India on Wednesday announced the appointment of T.M Narasimhan as the Managing Director for its Mobile Business Group in the country. Narasimhan will lead the India business, reporting to Prashanth Mani who will continue to be the head of Motorola’s Asia...
Transactions via UPI cross 100 bn mark in 2023: NPCI
Business

Transactions via UPI cross 100 bn mark in 2023: NPCI

New Delhi, Jan 2: Transactions via the unified payments interface (UPI) platform surpassed the 100 billion-mark in 2023 to close at around 118 billion, representing 60 per cent growth as compared to 74 billion transactions recorded in 2022. The total value of UPI transactions in 2023 stood at...
US and global economy may face major challenges in 2024
Business

US and global economy may face major challenges in 2024

Washington, Jan 2: The US and the global economy may face major challenges in 2024 though they have proved to be surprisingly resilient in the past year. However, the strains of wars, still-elevated inflation and continued high interest rates could impact GDP growth rates. “Chastened by an...
Samsung to unveil flagship Galaxy S24 series in heart of Silicon Valley
Business

Samsung to unveil flagship Galaxy S24 series in heart of Silicon Valley

San Francisco, Jan 3: Samsung on Wednesday announced to launch its next flagship Galaxy S24 series, powered by AI, during the ‘Unpacked’ event in the heart of Silicon Valley in the US this month. The Galaxy S24 series launch will happen at the SAP Center in San Jose, California, on January 17. ...
Digital news startup The Messenger to lay off about 24 employees
Business

Digital news startup The Messenger to lay off about 24 employees

San Francisco, Jan 3: Digital news startup The Messenger is reportedly laying off about 24 employees amid severe cash crunch, as its president Richard Beckman has announced to leave the company. The employees were likely to be laid off this week as part of a cost-cutting measure, reports The New...
Global premium phone market sees record sales in 2023, Apple leads
Business

Global premium phone market sees record sales in 2023, Apple leads

New Delhi, Jan 2: The global premium smartphone market has witnessed record sales in 2023 with Apple leading the market, a new report said on Tuesday. According to Counterpoint Research, the global premium smartphone (wholesale price ≥$600) market’s sales are likely to grow 6 per cent...
Investigation launched into
Business

Investigation launched into 'severe hard landing' of Air India A320 aircraft in...

New Delhi, Jan 1: The Directorate General of Civil Aviation (DGCA) is investigating a "severe hard landing" involving an Air India Airbus A320neo (VT-CIQ) during its Cochin to Dubai flight on December 20, an official said on Monday. Fortunately, the 5.5-year-old aircraft, which made the heavy...
Samsung vows to prioritise retaining its technological supremacy
Business

Samsung vows to prioritise retaining its technological supremacy

Seoul, Jan 2: South Korean tech behemoth Samsung Electronics on Tuesday announced its strategic priorities for the new year, emphasising the strengthening of the company's competitiveness through technological supremacy and adaptability to future changes. In a joint New Year's message, co-CEO and...
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