These wonders offer a glimpse into the vast and diverse landscape of Russia, each providing a unique experience that highlights the country’s natural and cultural heritage.
L&T Semiconductor Technologies acquired SiliConch Systems for Rs 183 crore, with Rs 133 crore upfront and Rs 50 crore deferred. SiliConch specializes in system-on-chip IP, serving OEMs and fabless integrated chip companies in automotive and IoT. The acquisition aligns with sector trends, following Accenture and Infosys deals, and is expected to complete by September 15, 2024.
The NSE Nifty index closed 112.66 points up at 24433.2
Effective July 1, RBI mandates all banks use BBPS for credit card payments, enhancing security and standardizing grievance redressal. Major banks like HDFC and Axis Bank are integrating. Auto debit, net banking payments route through BBPS. Apps like PhonePe adapt. Payments Council of India's extension request was denied, impacting fintech app margins.
State-owned Oil and Natural Gas Corporation (ONGC) will invest around Rs 2 lakh crore to achieve net-zero carbon emissions by 2038. The investment will focus on renewable energy sites, green hydrogen plants, and eliminating gas flaring. ONGC, which produces a significant portion of India's crude oil and natural gas, outlined its plan in a 200-page document. By 2030, ONGC will invest Rs 97,000 crore in renewable energy projects, including solar and offshore wind.
Diamond Power Infrastructure Ltd, a cable manufacturer, secured a Rs 900 crore (inclusive GST) order from Adani Energy Solutions for AL 59 aluminum alloy conductors, to be executed by April 2025. Formalized through a letter of intent, the Rs 899.75 crore order, confirmed via an exchange filing, is free from related party transactions.
Indian Prime Minister Narendra Modi expressed pain over the death of innocent children to Russian President Vladimir Putin, following a deadly strike on a children's hospital in Kyiv. Modi emphasized the need for peace through dialogue, while Putin highlighted the special strategic partnership between Russia and India.
A Mumbai court extended the police custody of Rajesh Shah's driver, Rajrishi Bidawat, until July 11 in the fatal BMW hit-and-run case. Bidawat was with Mihir Shah, the prime accused, when the car struck and killed Kaveri Nakhwa and injured her husband. Rajesh Shah, a Shiv Sena politician, is also implicated. Police sought extended custody to interrogate Bidawat further. The accused fled the scene after the accident, leading to charges under various sections, including culpable homicide.
Gopal's Sweets is investing Rs 150 crore to establish a manufacturing unit in the Mohali Industrial Economic Zone (MIEZ). Spread over 150 acres, MIEZ plans to expand to 500 acres, offering strategic connectivity. The unit will process Punjab's farm products, enhancing local agricultural operations. MIEZ hosts over 50 industries and benefits from Invest Punjab and MSME "Make in India" initiatives.
The 30-share BSE Sensex closed up 391.26 points at 80351.64
A high-level committee overseeing the inventory of valuable items in the 'Ratna Bhandar' of Puri Jagannath temple plans to recommend reopening the inner chamber on July 14, after deciding during a meeting in Puri. The committee, led by Justice Biswanath Rath, also discussed standard operating procedures for inventorying and repairing the treasury. The temple's treasures were last accessed in 1978, with plans to shift items during repairs.
Viacom18 sets mobile ad rates equal to TV for Paris Olympics 2024, priced at Rs 1,40,000 per 10 seconds. Free streaming on JioCinema, with sponsor outlays of Rs 20 crore. Broadcasting in multiple languages with 18 live feeds.
Cloudflare has introduced a new tool to block AI bots from scraping website content. The tool aims to protect content publishers from unauthorized use of their works to train AI models. Find out more about how this tool works and why it's important.
Hezbollah, responding to Israeli airstrikes, has adopted low-tech strategies such as landline phones, pagers, and coded messages to evade surveillance. It also employs drones to monitor and attack Israeli intelligence. The conflict, linked to Hamas' war with Israel, has led to significant casualties and displacement. Israeli strikes have killed over 330 Hezbollah fighters, while Hezbollah has lost senior commanders. The group bans cell phones on battlefields, uses a private telecom network, and relies on couriers. Читать дальше...
Russian President Vladimir Putin took Prime Minister Narendra Modi for a spin in his electric car around his Moscow residence
Tata Consumer, RIL, Shriram Finance, ONGC and Bajaj Finance were among the top losers on NSE in today's trade.
The agriculture sector is urging the upcoming budget to prioritize climate-smart agriculture, including innovations like solar-powered irrigation and rainwater harvesting. It seeks expanded storage capacities and improved transportation networks to reduce wastage and boost farmers' incomes. Increased investment in rural infrastructure, collaboration between the government and private sector, and emphasis on sustainability and urban farming are also highlighted.
Alibaba's international e-commerce unit is leveraging generative AI tools for translation, content creation, and product returns. VP Kaifu Zhang expresses optimism in AI's potential despite China-U.S. tensions. The unit, with 300 million consumers and over one million merchants globally, has seen significant growth with earnings increasing by 44% in the last quarter.
The Nifty Pharma index closed 1.57 per cent up at 20645.8.
India TV chairman Rajat Sharma has been elected as the new president of the News Broadcasters & Digital Association, succeeding Avinash Pandey. Sharma emphasizes the need for unity in facing industry challenges and ensuring a free and fair news environment for media operations in India.
The 30-share BSE Sensex closed up 391.26 points at 80351.64
India's defence sector has achieved record-breaking production and export figures, with Rs 1.27 lakh crore in production and Rs 21,083 crore in exports for FY 2023-24. This growth, driven by the 'Aatmanirbhar Bharat' initiative and strategic government policies, highlights the significant contributions of both public and private sectors. The Society of Indian Defence Manufacturers (SIDM) has played a crucial role in this transformation, advocating for industry interests and fostering innovation.... Читать дальше...
Speaking in the Lower House of the state legislature during a debate on the budgetary demands, he said the land concerned is located in Kandati Valley in Satara. "A Gujarat Goods and Services Tax (GST) department official has purchased 640 acres of land in Satara. All rules have been violated in the purchase of the land. Roads have been constructed on the forest land and no permission has been sought from the revenue department before the digging work on the land under its jurisdiction. This has... Читать дальше...
