Aerwins, which also sells drones and related technology, says its hoverbike can fly for up to 40 minutes and up to 100 kph (62 mph). It has pitched the bike as a tool for rescue workers, infrastructure inspection and as a showpiece for public entertainment.

Microsoft Q3 Result: The software maker posted revenue of $52.75 billion in the October-December period, its second fiscal quarter, up 2 percent from the year ago level.

According to the Demystifying Data 2022 report by Deloitte Access Economics, commissioned by Amazon Web Services (AWS), Indian organizations that effectively utilise data they produce, could potentially grow annual business revenue by 13.6 percent. The saving is equivalent to Rs 745.1 crore in additional revenue for large enterprises, it added.

The dating company joins Big Tech firms and Wall Street titans in reducing staff as they strive to cut costs amid concerns of a recession.