LONDON, May 2: European Union privacy watchdogs fined TikTok 530 million euros ($600 million) on Friday after a four-year investigation found that the video sharing apps data transfers to China breached the EUs strict data privacy rules. Irelands Data Protection Commission also sanctioned TikTok for not being transparent with users about where their personal data was being sent and ordered the company to comply with the rules within six months. The Irish national watchdog serves as TikToks lead

NEW DELHI, Apr 25:Global automotive major Stellantis on Friday said it will bring the global electric vehicle line-up of its Chinese joint venture partner Leapmotor to India. The entry of Leapmotor brand in the market aligns with Stellantis ambition to drive innovation and expand its EV footprint in one of the worlds fastest-growing automotive landscapes, the company said in a statement. Leapmotors approach to low-carbon mobility is in line with Stellantiss strategy, which puts sustainability i

Hyderabad, Apr 22: Contrary to the popular perception about Indians doing well when they go abroad, the country now ranks high in startup ecosystem, global innovation index, patent filing by resident Indians and others, Union Minister Jitendra Singh said on Tuesday. Speaking at a two-day StartUp Conclave jointly organised by CSIR institutes here, he said the country is now in a position where the world has started accepting its talent. From being one of the Fragile Five (emerging economies that

NEW DELHI, Apr 22:The Government has extended the term of RBI Deputy Governor T Rabi Sankar for another one year till May 2026, according to sources. This is the second one-year extension granted to him. The Appointments Committee of the Cabinet (ACC) has approved the re-appointment of Rao for a period of one year with effect from May 3, 2025, or until further orders, sources said quoting a Government order dated April 21. The ACC is headed by Prime [] The post Govt extends tenure of RBI Deputy

CHENNAI, Apr 12: Smart EV charger startup Plugzmart has received ARAI certification for its electric vehicle charger for heavy vehicles, featuring its own indigenously developed controller and Power Line Communication (PLC) modules, a top official said. The IIT-Madras-incubated startup has become the first Indian company to receive EV charger certification for its controller and PLC modules, rather than relying on imported components. This development could significantly contribute to reducing I

NEW DELHI, Apr 9:Ola Electric Mobility has roped in Ernst & Young to strengthen regional compliances across its recently expanded distribution network in the country, according to sources familiar with the development. The company has initiated the move as it phases out its warehouse-based distribution system and transitions to a direct-to-store retail model. As part of this transition, Ola Electric is eliminating the intermediate warehousing layer, allowing vehicles, spare parts, and accessori

KOZHIKODE (Kerala), Apr 5: From carrying rocket parts on bicycles and satellites on bullock carts in the 1970s, India has become one of the world leaders in the space sector through its successful Mars orbiter and Chandrayaan missions, which have also made several world records, ISRO chairman V Narayanan said here on Saturday. Speaking at the 27th convocation of the Indian Institutes of Management (IIM) Kozhikode, Narayanan said the country has come a long way from when it launched [] The post

NEW DELHI, Apr 2: India is emerging as a global leader in Agentic AI adoption, with over 80 per cent of businesses actively exploring the development of autonomous agents, a Deloitte report says. Autonomous agents are AI systems that can act independently to achieve specific goals without constant human guidance. Agentic AI refers to the broader concept of using these agents to automate tasks and processes. The growing interest in this technology reflects a significant shift in how Indian [] Th