US SEC files lawsuit against Musk ahead of Trump inauguration

IANS | January 15, 2025 10:43 AM

Washington, Jan 15 (IANS) Just days ahead of Donald Trump’s inauguration as the 47th US President, the Securities and Exchange Commission (SEC) has filed a lawsuit against his best ally Elon Musk over an alleged securities violation relating to his acquisition of Twitter (now called X) in 2022.

India’s automobile sales surge 11.6 pc to record 2.5 crore units in 2024

IANS | January 14, 2025 6:11 PM

New Delhi, Jan 14 (IANS) India’s automobile sales surged by a robust 11.6 per cent in 2024 to scale the highest-ever mark of 2.5 crore units compared to the corresponding figure of 2.3 crore units in the previous year, according to wholesale data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

GenAI adoption projected to transform nearly 3.8 crore jobs in India by 2030

IANS | January 14, 2025 5:29 PM

New Delhi, Jan 14 (IANS) The Generative AI (GenAI) adoption is projected to transform at least 38 million (3.8 crore) jobs in India by 2030, driving a 2.61 per cent productivity boost to the economy through gains in the organised sector and additional 2.82 per cent with the adoption of GenAI by the unorganised sector, a report said on Tuesday.