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Business

Cyient Q1 net up 7% to ₹158 cr

Executive Vice Chairman and Managing Director of  Cyient Group, Krishna Bodanapu. File | Photo Credit: The Hindu Intelligent engineering options firm Cyient’s consolidated net revenue for the quarter ended June rose 7% to ₹157.4 crore from the ₹147.6 crore a 12 months earlier. The increased net revenue got here on an almost 5% enhance in complete

Business

India-UK trade pact enhance: Industry bodies hails FTA as ‘transformational milestone’, gems and jewellery sectors eye big gains

Indian trade leaders on Thursday welcomed the signing of the India-UK free trade settlement (FTA) as a “transformational milestone” for bilateral financial relations, praising its potential to broaden exports, enhance funding, and catalyse joint ventures throughout a number of progress sectors.Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises and Co-Chair of the India-UK CEO

Business

Nvidia’s senior director of robotics research Dieter Fox joins AI2 non-profit

Dieter Fox had been at Nvidia for nearly eight years [File] | Photo Credit: allenai.org Nvidia’s former senior director of robotics research, Dieter Fox, introduced this month that after virtually 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 constructing

Business

Tesla reports sharp decline in Q2 earnings: Revenue drops 12% as Elon Musk-led EV giant faces ‘tough quarters’; Here’s all you need to know

Tesla reported weaker-than-expected outcomes for the April–June quarter, posting its greatest income drop in over a decade and a notable decline in income. The Elon Musk-led electrical car (EV) giant is going through headwinds from diminished authorities help and softening demand, even as it pushes forward with formidable plans for autonomous driving and new car

Business

Rare earth components: China’s grip on critical metals and why the world depends on them – Explained

India’s ambitions in electronics, electrical automobiles (EVs), and clear vitality could face critical challenges attributable to its restricted home manufacturing of uncommon earth components (REEs), regardless of holding sizable reserves. China continues to dominate the world REE provide chain, controlling over 90 per cent of the world’s processing and magnet-making capability, reported ET.Rare earths, 17

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