Indian telecom operators, through COAI, urged that OTT apps like WhatsApp and Telegram should comply with the Telecommunications Act 2023. They emphasized that these communication services must align with security directives and regulatory oversight, similar to telecom operators, to ensure an equal playing field and curtail security risks.
Sobha Realty announced Ravi Menon as Chairman, effective November 18, 2024. Founder PNC Menon will stay actively involved. The firm is expanding into the US with a major project in Texas. Sobha Realty has completed multiple projects in Dubai, becoming the city's third largest developer by revenue, following Emaar and Damac.
Medi Assist TPA signed an agreement to acquire Paramount TPA for Rs 311.8 crore. Funded by internal accruals and short-term debt, the acquisition aims to boost Medi Assist’s market share. This is Medi Assist’s second key acquisition, following the purchase of Raksha TPA last year.
The ruling BJP in Assam secured two vacant Rajya Sabha seats uncontested, with candidates Rameswar Teli and Mission Ranjan Das receiving their certificates. With only two candidates remaining after the nomination withdrawal deadline, Teli and Das were declared winners without a contest. The seats became available due to the election of Sarbananda Sonowal and Kamakhya Tassa to other positions.
Spaceballs is set to get a long-awaited sequel, with actor Josh Gad playing a special role. The announcement was made at Fan Expo Canada.
In response to Kangana Ranaut's controversial remarks on the farmer protests, Rahul Gandhi claimed the BJP's propaganda machinery disrespects farmers. He mentioned the sacrifice of 700 farmers during the 378-day protest and noted that labeling them as rapists and foreign agents underscores the BJP's anti-farmer stance and intentions.
Employees under National Pension Scheme opting for UPS will be eligible for an assured pension of 50 per cent of the average basic pay drawn over the last 12 months before superannuation; the minimum qualifying service has been kept at 25 years. Central Railway has 96,039 employees currently, of which 70,778, or 73.69 per cent, are New Pension Scheme subscribers, who will benefit from UPS, said general manager Ram Karan Yadav.
The arrest of Telegram Chief Pavel Durov in Paris for offenses related to his messaging app has prompted the Indian IT Ministry to seek updates from the Ministry of Home Affairs on any violations in the Indian context. The IT Ministry has requested information on pending complaints against Telegram and possible actions to be taken. Durov was detained in Paris on charges of money laundering and drug trafficking.
Indian equity markets ended near record highs on Monday, lifted by IT stocks, as the Federal Reserve hinted at impending rate cuts. Analysts observed strong bullish momentum, with support and resistance levels indicating potential for further gains despite some counters showing weakness.
The SME IPO of Resourceful Automobile saw a strong response, with a subscription of nearly 400 times. Despite only running two Yamaha dealerships, the IPO aimed to raise Rs 12 crore and received Rs 2700 crore in bids. Shares were offered at Rs 117 each. Swastika Investmart was the lead manager, and Cameo Corporate Services handled registration.
Faber began writing his bearish outlook reports in the 1970s, initially for personal use and to address the lack of awareness among Americans about foreign exchange rates, the dollar's value against gold, and European currencies at the time. As the publisher of the widely respected "Gloom, Boom & Doom Report," he offers contrarian perspectives on global financial markets, highlighting the importance of cautious investing and the potential for significant economic downturns.
Elon Musk's SpaceX will eventually bring two astronauts who travelled on Boeing's Starliner spacecraft to the International Space Station in June back to Earth due to technical issues with the craft.
Despite their prior disagreements, reports imply that King Charles may be amenable to making amends with Prince Harry, guided by spiritual direction. The King is willing to patch things up because of his deepening faith and desire for family harmony.
Sameera Agro And Infra Limited's board approved a 4:1 bonus share issue, meaning shareholders will receive four new shares for every one share held. The Book Closure is set from September 18 to 25.
The BJP took to X (formerly Twitter) to share a video purportedly showing people entering the crime scene. The party questioned, "While the victim’s parents were made to wait for hours, how did outsiders manage to enter the seminar hall?"
Durov is accused of being passive with regards to cyber and financial crimes being committed on the Telegram platform, a French police spokesperson said.
In July, Malaysia's communications regulator said social media platforms with more than eight million users in the country would be required to apply for a license from this month as part of a drive to combat cybercrime.
Macron's statement on X amounted to the first official confirmation of Durov's arrest, nearly two days since he was detained at Le Bourget airport outside Paris shortly after landing on a private jet from Azerbaijan.
Prime Minister Modi and Home Minister Shah assured support to Tripura CM Manik Saha in dealing with floods and landslides. A central team will assess reported damages of Rs 15,000 crore. The disaster affected over 17 lakh people and claimed 31 lives. Relief efforts are underway, with over 1 lakh people sheltered in relief camps.
HCLTech said in a filing with BSE that it will leverage automation, product and sustenance engineering and process operations services, along with its advanced full-stack GenAI platform, HCLTech AI Force.
The News Broadcasters and Digital Association (NBDA) held a meeting with Prime Minister Narendra Modi to discuss issues related to the broadcasting sector, including the draft Broadcast Bill and IT Rules 2021. The NBDA has raised concerns about government overreach and potential disruptions from the Department of Telecom's plans for 5G/6G spectrum allocation.
In March 2022, the tech-driven composite debt platform formerly known as CredAvenue, raised $137 million in a Series B funding round led by New York-based VC firm Insight Partners. Following a secondary share sale, it attained unicorn status and was valued at $1.5 billion.
The ICC Women’s T20 World Cup will now be held from 3 to 20 October in the UAE. The event will see ten teams competing in 23 matches at venues in Dubai and Sharjah. Bangladesh faces Scotland in the opener, and the final will take place on 20 October in Dubai.
