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Jio Braves COVID-19 Challenges to Post 47.5 Percent Net Profit Jump to Rs. 3,508 Crores in Q4 2021

Reliance Jio has recorded a 47.5 percent YoY net profit in Q4 2021, recording a jump to Rs. 3,508 crores. The company said in a statement that despite COVID-19 related challenged, Jio closed its first full year of operations with revenue of Rs. 73,503 crores.

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China's Ximalaya, Qiniu file for U.S. IPOs

The largest online audio platform in China, Ximalaya had 250 million average monthly average users in the first quarter of 2021, according to a regulatory filing.

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Intel seeks $10 billion in subsidies for European chip plant

Pat Gelsinger, on his first European tour since taking charge, met European Commissioner Thierry Breton in Brussels on Friday.

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Tech companies set up biz continuity plans

Companies have increased insurance cover, set up Covid helplines, home quarantine facilities and mental wellness programmes for employees and their families.

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Telangana gets nod for experimental delivery of Covid jabs using drones

The approvals come at a time when India is looking to ramp up its Covid-19 vaccination programme, as cases continue to surge across the country.

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SeasonWatch Is an Indian Initiative to Track Climate Change by Observing Trees

SeasonWatch is a citizen science project aimed at understanding the seasonality of trees, and the effects of climate change on this seasonality, across India. Students from more than 1200 schools and more than 1100 interested individuals contribute weekly information on tree species that are commonly found across the country.

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India Inc steps up with coronavirus care centres for employees hit by second wave

Employees recuperating at these centres will have access to nurses and doctors, even oxygen, while for more serious cases, the necessary medical help/hospitalisation will be arranged as available. These centres, meant largely for mildly symptomatic/asymptomatic cases, are especially useful for people who live alone or in small homes with family and would otherwise face difficulty in isolating.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...