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EV-maker PMI to have 900 electric buses running by December in India
EV-maker PMI to have 900 electric buses running by December in India

New Delhi,  Leading commercial electric vehicle manufacturer PMI Electro Mobility Solutions on Thursday said that it will have 900 electric buses plying on Indian roads by December 2022. The company said it will make PMI Electro one of the largest electric bus fleet operators in the country, banking upon indigenous man

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Nintendo acquires CG production firm Dynamo Pictures
Nintendo acquires CG production firm Dynamo Pictures

Tokyo, Japanese gaming giant on Thursday announced it has acquired CG production company Dynamo Pictures for an undisclosed sum.

The company will rename Dynamo as "Nintendo Pictures," and the new subsidiary will "focus on development of visual content utilising Nintendo IP and the planning and

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ED arrests 4 of Surana Group in Rs 3,986 cr bank loan fraud case
ED arrests 4 of Surana Group in Rs 3,986 cr bank loan fraud case

New Delhi, The Enforcement Directorate (ED) on Thursday said they have arrested four persons in a money laundering case linked to a reported Rs 3,986 crore worth bank loan fraud by Chennai-based Surana Group of Companies.

The arrests were made on July 12. The accused were identified as Dinesh Chand Surana and

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WPI-based inflation dips slightly to 15.18% for June
WPI-based inflation dips slightly to 15.18% for June

New Delhi,  The WPI-based inflation declined marginally in June to 15.18 per cent against 15.88 per cent in May, due to a dip in prices of manufactured products but those of primary articles and fuel and power still edging up, an official statement said on Thursday.

The high rate of inflation in June is

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Petrol price to go down today, says Pak FM
Petrol price to go down today, says Pak FM

Islamabad,  Pakistan Finance Minister Muftah Ismail has said that petrol prices will be slashed today (on Thursday), local media reported.

Talking to media here, Finance Minister Ismail said that the prices of petroleum products will be slashed today instead of waiting till July 15 as Prime Minister Sheh

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Nothing Phone (1) triggers controversy in India, company clarifies
Nothing Phone (1) triggers controversy in India, company clarifies

New Delhi,  As Carl Pei-led consumer electronics company Nothing unveiled its first smartphone called 'Phone (1)' this week, several creators in the country, especially from the South, took to various social media platforms, posting their displeasure with the brand.

The South Indian tech YouTube

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Amazon agrees to address anti-trust concerns to avoid EU fines
Amazon agrees to address anti-trust concerns to avoid EU fines

London,  Amazon has agreed to address competition concerns over its use of non-public marketplace seller data in Europe along with a possible bias in granting sellers access to its 'Buy Box' and 'Prime' programme, the European Commission said on Thursday.

The Commission is now seeking fee

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Bill Gates moving $20 billion to foundation, plans to drop off list of wealthiest people
Bill Gates moving $20 billion to foundation, plans to drop off list of wealthiest people

Seattle,  Bill Gates is moving $20 billion of his wealth into the endowment of the Bill and Melinda Gates Foundation, which is ramping up its spending in the face of global challenges, including the pandemic and the war in Ukraine, media reports said.

The foundation, one of the world's largest philan

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Twitter suffers outage as users get error messages across web, app
Twitter suffers outage as users get error messages across web, app

New Delhi,   Micro-blogging platform Twitter suffered a mega outage on Thursday evening as several users across the world had error messages like "this page is down".

While 65 per cent were unable to log in to Twitter website, 34 per cent had issues with the app, according to outage monito

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Emirates blasts Heathrow 'incompetence' over 'airmageddon'
Emirates blasts Heathrow 'incompetence' over 'airmageddon'

London,  Emirates airline has blasted one of the world's busiest airports for its "incompetence" in failing to handle a surge in passengers, media reports said.

The Dubai-based airline on Thursday slammed demands made by London's Heathrow airport earlier this week that carriers stop sel

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