CATEGORIES

US court levies $194 mn penal charges on TCS

A US court has levied penal charges of about $194 million on IT major Tata Consultancy Services (TCS) for misappropriation of trade secrets, a regulatory filing said on Friday.

Vodafone likely to sell its stake in Indus Tower for $2.3 billion

TELECOM giant Vodafone Group is expected to sell its ene tire $2.3 billion stake in Indus Towers through block deals next week, Reuters reported on Friday quoting sources.

May trade deficit widens to 7-month high at $23.78 bn

Goods exports grew 9.1% to 38.2 bn, import rose 7.7% to 61.9 bn; in April-May, exports Up 5.1% at 73.12 bn, imports rose 8.89% to 116 bn

Corpus under NPS, APY crossed ₹12.3L cr; PFRDA raising awareness

THE Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty on Friday said the total corpus under the National Pension System (NPS) and Atal Pension Yojana (APY) has crossed 12.3 lakh crore as of now and a target has been set at ₹15 lakh crore this fiscal year.

Hyundai Motor India files paper to raise ₹25K crore via IPO

SOUTH KOREAN automaker Hyundai Motor India is said to have filed draft papers for an initial public offering (IPO) for its India unit (Hyundai Motor India Ltd (HMIL)) with capital markets regulator SEBI on Friday.

Stanley Lifestyles sets IPO price brand at ₹351-369

BENGALURU-based luxury furniture major Stanley Lifestyles has fixed ₹351-369 as price band for its ₹537 crore initial public offer opening on June 21.

'India-UK trade pact issues to resolve after polls in UK'

THE pending issues relating to the long-awaited free trade agreement (FTA) between India and the UK will be sorted following the general elections in Britain, according to a government official.

No ceasefire till Ukraine pulls back its troops, says Putin

RUSSIAN President Vladimir Putin on Friday demanded Ukraine effectively surrender to Moscow if it wants to open peace talks, drawing rebukes from Kyiv and the West.

G7 demands China play by rules

The Group of Seven countries call on Beijing to end its market distorting trade practices and support for Russia's war in Ukraine

Privacy risk: Microsoft delays release of AI feature

NEW laptops equipped with Microsoft Windows start shipping to customers next week without a flagship feature called Recall that drew concerns about privacy and cybersecurity.

Cyril Ramaphosa set to be re-elected S Africa prez

SOUTH Africa's newly elected parliament met Friday and was expected to re-elect President Cyril Ramaphosa to form an unprecedented coalition government after his humbled ANC cobbled together a deal.

C'garh arson: Collector, SP suspended, judicial panel formed for probe

THE Vishnu Deo Sai government has established a one-member judicial commission to probe the vandalisation of the Satnami community's religious symbol 'Jaitkhamb' at Amar Gufa near Giroudpuri Dham in Baloda Bazar on May 15-16.

Dera chief moves HC seeking parole

DERA Sacha Sauda chief and rape convict Gurmeet Ram Rahim Singh has approached the Punjab and Haryana High Court seeking directions for a 21-day furlough.

Not Ajit factor, BJP's '400 paar' led to LS defeat, says Bhujbal

AFTER an RSS ideologue said that the alliance with the Ajit Pawar-led NCP was a factor behind the BJP's Lok Sabha poll setback in Maharashtra, NCP minister Chhagan Bhujbal on Friday said the deputy chief minister should not be made a scapegoat.

Punjab man, sole breadwinner of family, killed in Kuwait fire

HIMAT Rai (62) from Salempur village in Punjab's Hoshiarpur district, who was the sole breadwinner of his family, was among those killed in a fire at Al-Mangaf building in Kuwait.

Cong, SP to fight bypolls in alliance

UP prepares for another battle with 9 MLAs from the state elected to Lok Sabha

Forest fires take a toll on popular tourist hotspots of Uttarakhand

FOREST fires in Uttarakhand have dealt a significant blow to the state's tourism, especially impacting popular destinations like Kausani, Almora, Binsar, and Kasar Devi.

Another RSS leader speaks of ‘ahankar' for BJP's poll debacle

AMID speculation of a growing schism between the BJP and its ideological mentor, the Rashtriya Swayamsevak Sangh (RSS) following Lok Sabha election results, RSS leader Indresh Kumar has come down on the saffron party, albeit indirectly, on its recent election performance.

'More toppers due to syllabus cutback

Union education minister says accountability of NTA will be fixed if any lapses are found

MHA plans to attach assets of terrorists' aides in Jammu

WITH the focus of terrorists shifting increasingly towards Jammu, the government has decided to confiscate properties of terrorists' supporters in the region.

Navy emerging as new powerful force: Rajnath on visit to Eastern Command

AMID New Delhi's emphasis on the growing salience of the Indian Ocean Region (IOR) in the defence calculus, Defence Minister Rajnath Singh on Friday visited the Indian Navy's Eastern Naval Command (ENC).

TTDC wants hotel evicted, BJP and IJK cry vendetta

TENSE moments prevailed at Race Course Road in the city on Friday when tourism officials attempted to take possession of its property where SRM Hotel stands, following the expiry of a lease agreement made with the Tamil Nadu Tourism Development Corporation (TTDC).

Chandrayaan-1 mission director passes away at 71

FORMER Indian Space Research Organisation (ISRO) scientist and Mission Director for India's first deep space mission-Chandrayaan-1, Srinivas Hegde (71) passed away on Friday noon, at a private hospital in the presence of his family and friends.

Airport turns mourning ground as bodies of Kuwait fire victims arrive

CM Pinarayi, Suresh Gopi pay homage; IAF aircraft carrying 14 bodies left for Delhi at 1 pm

₹150 cr hashish seized in Velankanni

FILE THE 'Q' branch police here on Friday detained two persons from West Bengal who were allegedly found carrying about 75 kg of hashish.

Farm-gate egg cost up ₹1, retail rate ₹7

The retail price of an egg has risen to 7 as the National Egg Coordination Committee (NECC) on Friday revised the farm-gate price in Namakkal to ₹5.60 from ₹4.60.

Loco pilots stage protest demanding weekly off

DEMANDING mandatory week-off and limiting of consecutive night duty to two days as recommended by high-level committees, a large number of loco pilots under the banner of All India Loco Running Staff Association (AILRSA) staged a demonstration in front of the MMC complex at Chennai Central station on Friday.

Minister announces ₹78.67 cr kuruvai package

EXPRESSING concern over the inability to open the Mettur dam this year for irrigation as per convention on June 12, Agriculture Minister MRK Panneerselvam on Friday announced a kuruvai package at a cost of 78.67 crore to safeguard the interests of farmers in the delta region.

NDA fields PMK to fight Vikravandi bypoll

It's unanimous decision of NDA, says Annamalai; PMK likely to spell out name soon; NTK announces candidate

Delta farmers welcome package but want it to be disbursed expeditiously

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