Tech giant Microsoft, chip-maker NVIDIA and Intel have made the investment for a Canadian artificial intelligence (AI) start-up Element AI, the media reported.

According to a report in Investopedia on Thursday, Microsoft made the investment through its venture capital arm Microsoft Ventures, while Intel did it through Intel Capital.

TVS Automobile Solutions, part of TVS Group, has acquired Bengalaru-headquartered CheckGaadi.com. The start-up provides vehicle inspection technology and CRM solutions.

While the company officials were not available for comments, sources confirmed the development and said it was an all-cash deal.

Sandeep Dadlani, the head of Americas and global head of manufacturing and retail for Infosys, has resigned, in a setback for chief executive Vishal Sikka.

On Thursday night, Infosys named two executives – Karmesh Vaswani as the Global Head for Retail, CPG & Logistics (RCL) and Nitesh Banga as the Global Head of Manufacturing – to replace Dadlani.

Spicejet, GoAir, Jet Airways and Vistara airlines on Friday joined Indigo and Air India to put Telugu Desam Party (TDP) MP Diwakar Reddy under no-fly list for his unruly behaviour with a staffer at the Vishakhapatnam airport.

Reddy, now, has become the second MP in three months to be banned from flying for his unruly behaviour.

Daily revision of petrol, diesel rates: Petrol and diesel prices will be changed on a daily basis. Starting today, the move by state-owned oil companies will mark a departure from the earlier practice of fortnightly revisions of rates, according to reports. Rates will change everyday depending on any movement in international oil rates. Yesterday, petrol price was reduced cut by Rs 1.12 per litre and diesel price was cut by Rs 1.24 per litre. Till now, prices were used to be revised on 1st and 16th of every month based on the fortnightly average of international oil price and the foreign exchange rate, the report says.

A woman sued Uber Technologies Inc on Thursday claiming top executives at the ride-hailing company improperly obtained her medical records after she was raped by a driver in India, according to court documents.

The lawsuit, filed in a California federal court, comes two days after Uber Chief Executive Travis Kalanick said he would take a leave of absence from his troubled company to grieve for his recently deceased mother and to work on his leadership skills.

Facebook said that it has started using 'artificial intelligence' (AI) to help combat terrorists' use of its platform.

The American company's announcement comes as it faces growing pressure from government leaders to identify and prevent the spread of content from terrorist groups on its massive social network.

Reliance Industries shares jumped ahead of a joint address later today by company chairman Mukesh Ambani and BP Plc’s group chief executive Bob Dudley. Reliance shares were trading up 2.2% at Rs 1,386 after rising to the day’s high of Rs 1,394.25. The subject of the address scheduled for 5.30 pm today is not immediately known. Meanwhile, the benchmark BSE Sensex was down 0.26% at 31,076.24 points.

Clothing Manufacturers Association of India (CMAI), the premier apparel body, in association with Tata Consultancy Services (TCS) has developed a software for garment manufacturers to alert them about GST (Goods and Services Tax) compliance.

Priced at Rs 18,000 for the initial six months, the software has a unique feature for highlighting the stage of compliance. The software automatically sends reminders to a vendor or a supplier who has not paid a tax at any stage in the textile value chain.

The Sensex rose 74 points early on Thursday on buying pick-up as investors shrugged off weak Asian cues after the US Fed hiked its key rate.

An appreciating rupee brought more cheer.

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