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FIRST BUS SERVICE ON ATAL SETU FINALIZED BY BEST
Mumbai is gearing up for its inaugural public transport bus service on the Mumbai Trans Harbour Link (MTHL), also known as Atal Setu, as the Brihanmumbai Electric Supply and Transport (BEST) has settled on route S-145 in coordination with the Chalo app.
MUMBAT'S 2050 SPENDING TO SOAR 166% TO TACKLE ESCALATING URBAN HEAT
In the aftermath of a record-breaking global heat year in 2023, a new international study warns that Mumbai's expenditure to manage urban heat, intensified by rapid urbanization, may surge by 166% in 2050 if carbon emissions continue to rise. The study, conducted by Moody's RMS, focuses on Mumbai, New York, Paris, and Rio de Janeiro.
TRIO WHO REACHED MUMBAI FROM KUWAIT ON A BOAT HELD FOR ILLEGAL ENTRY INTO INDIA
The Mumbai police on Wednesday arrested three persons for entering India illegally, a day after they reached the metropolis on a boat from Kuwait, an official said. The boat with the trio on board was anchored at the Gateway of India on Tuesday. Prima facie, nothing suspicious was found on the boat, he said.
SUPREME COURT POSTS SNC LAVALIN CASE FOR FINAL HEARING ON MAY 01, 2024
The Supreme Court in the case Kasthuri Ranga Iyer v. State represented by Addl. Superintendent of Police CBI and Ors. observed wherein the appeal was filed by the Central Bureau of Investigation challenging the discharge of Kerala Chief Minister Pinarayi Vijayan and certain officials in the SNC Lavalin case for final hearing on May 01, 2024.
SUPREME COURT: COMMON INTENTION CANNOT BE INFERRED MECHANICALLY MERELY BASED ON PRESENCE OF ACCUSED NEAR CRIME SCENE
The Supreme Court in the case Velthepu Srinivas v. State Of Andhra Pradesh, now the State of Telangana observed while affirming that the life imprisonment of three accused or appellants for murder, modified the sentence of another accused, A3 to culpable homicide and sentenced him to ten years.
DELHI HIGH COURT CALLS FOR MEETING TO ENSURE BANKS FOLLOW SOP ON PROVIDING INFO ABOUT FRAUDULENT TRANSACTIONS TO LAW ENFORCEMENT AGENCIES
The Delhi High Court in the case Dabur India Limited v. Ashok Kumar and Ors & other connected matters observed and has directed the Indian Banks Association, IBA to hold a meeting to ensure that all banks follow the Standard Operating Procedure SOP in respect of providing information on fraudulent transactions to the law enforcement agencies.
iPhone reigns in China's smartphone market
Apple Inc.'s iPhone emerged as the top-selling smartphone series in China for the first time in 2023, showcasing robust performance amid intense local competition and expanding government restrictions.
DEEPENING, MATURING, EXPANDING, INDIA AND US FORGE CLOSER BONDS
Despite challenges, he found a consistent thread of positivity in these interactions, reinforcing his belief that the U.S.-India partnership would endure through crises and continue to progress.
Sun Pharma to acquire remaining 21.52% shares of Taro
Sun Pharmaceutical IndusStre tries has entered an agreement with Taro Pharmaceutical to acquire the balance 21.52 percent stake in the Israel-based company for a cash consideration of $43 per share amounting to $347.73 million (Rs 2,982 crore).
Pichai hints at more layoffs at Google in 2024
A day f day following the termination of approximately 1,000 employees, Google's CEO Sundar Pichai hinted at the possibility of additional job cuts in the coming year, as reported by The Verge.
BOEING LANDS 150 MAX JET ORDER FROM AKASA AMIDST INDUSTRY CHALLENGES
Akasa’s total order book now stands at 226 aircraft, bolstering its domestic and international expansion plans, according to the statement.
Adani enhances market standing, secures 7 GW Khavda project
Adani Energy Solutions limited (AESL) announced on 28 December that it has secured a letter of intent (Lol) to acquire Halvad Transmission from PFC Consulting Limited (PFCCL). Halvad Transmission, a special-purpose vehicle established by PFCCL, is dedicated to evacuating 7 gigawatts (GW) of renewable energy (RE) from the Khavda RE park in Gujarat.
Indian Railways powers up Northeast: electrifies 937 RKM tracks
In the northeastern reLgion of India, the railway network is swiftly undergoing electrification to achieve Net Zero Carbon Emissions by 2030.
GOVT CRACKS DOWN ON ACTION AGAINST DECEPTIVE LOAN APP PROMOTIONS
The central government is taking action against the promotion of deceptive loan apps on social media
PM Modi unveils ambitious development agenda in Goa: Key projects, initiatives unveiled
The Prime Minister, Shri NaThe rendra Modi inaugurated and laid the foundation stone for development projects worth over Rs 1330 crores in Viksit Bharat, Viksit Goa 2047 program in Goa today.
ONGC ties up with Total Energies to detect, measure methane emissions
State-run energy company She corporation has signed an agreement for cooperation with TotalEnergies to carry out methane emissions detection and measurement campaigns.
India set to invest around 67 bn over 5-6 yrs, lift refining capacity to 450 MMTPA: Modi
The India Energy Week comes at a pivotal juncture when the initial six months of this fiscal year has seen India's GDP growth rate surge by over 7.5 percent -a figure surpassing global growth estimates -- and the country has emerged as the world's third-largest energy consumer, oil consumer and LPG consumer as well as the fourth-largest importer of LNG, refiner and automobile market globally.
GOVT RECEIVED INVESTMENT PROPOSALS WORTH RS 33,129 CR DURING WORLD FOOD INDIA 2023
MoFPI in India sees a surge in investment interest totaling Rs 33,129 crore, driven by schemes and initiatives promoting the food processing sector’s growth
Mortgage Rates Surge Past 7% Amid Economic Rebound
The The average rate on the popular 30-year fixed mortgage crossed over 7% on Monday for the first time since December, hitting 7.04%, according to Mortgage News Daily.
Review Order Banning Paytm Bank Services, Founders Urge Govt
In a In a concerted effort to adLdress concerns regarding the recent regulatory directive impacting Paytm Payments Bank (PPBL), a group of prominent startup founders has penned a letter to key governmental bodies, including the Prime Minister, the Finance Minister, and the Reserve Bank of India (RBI).
Worli Seaface: Mumbai's Very Own Billionaires Row
Akin to the ultra-luxury towers dotting the southern tip of Central Park in Manhattan, Mumbai is also witnessing the emergence of its very own Billionaires' Row at Worli Seaface. Much like the famed New York neighbourhood, Worli Seaface with some of the most super premium and high-value residences in the city, has gained a reputation as the address that spells success.
DELHI HIGH COURT REFUSED TO QUASH SUMMONS AGAINST ARWIND KEJRIWAL: RETWEETING DEFAMATORY CONTENTS AMOUNTS TO DEFAMATION
T he Delhi High Court in the case Arvind Kejriwal v. State and Anr. observed and has refused to quash the summons issued against Delhi Chief Minister Arvind Kejriwal in a criminal defamation case for retweeting an allegedly defamatory video which is posted by YouTuber Dhruv Rathee in 2018.
CHINESE PREZ DIGS IN HIS HEELS DESPITE MOUNTING SETBACKS
Lam predicted Xi likely would not seek to reign beyond a fourth five-year term, although at that time he might remain a power behind the throne by retaining the chairmanship of the allimportant Central Military Commission.
Indian toy makers secure 10M+ orders at nuremberg toy fair
Indian Toy Manufacturers Secure Orders Exceeding $10 turers Secure Orders Exceeding $10 Million at Prestigious Nuremberg International Toy Fair in Germany, Held from January 30 to February 3, 2024.
S P apparels acquires young brand apparel for Rs 223 cr
SIS Apparels Ltd (SPAL), a leading apparel manufacturer and exporter, has signed a definitive agreement to acquire Young Brand Apparel Private Limited (YBAPL), a subsidiary of Bannari Amman Spinning Mills, for a value of Rs 223 crore.
AUDI BULLISH ON INDIA; EXPECTS LOW LUXURY CAR PENETRATION UNTIL TAX RATIONALIZATION
Audi anticipates that the growth rate of India’s luxury car market will decrease to the low double digits in 2024, contrasting with the approximately 25 percent growth seen in 2023
Mumbai 4th wealthiest BRICS city; Bengaluru tops emerging millionaire hotspots
A recent Wealth Report by Henley & Partners in collaboration with New World Wealth, Bengaluru, also known as the 'Silicon Valley' of India, is anticipated to emerge as one of the globe's fastest-growing millionaire centers in the next decade.
Approval expected for four state-owned banks to raise funds in H1 FY25
The The central government is contemplating allowing at least four state-owned banks to raise funds or expand their public float in the first half of the upcoming financial year (FY25) to enhance their lending operations and encourage greater public involvement.
STATE COMMITTEE APPROVES RS 658 CR BUDGET FOR PM POSHAN SCHEME
State-Level committee approves Rs 658 crore budget for PM POSHAN Scheme, including Rs 457.26 crore state allocation
India-Qatar LNG deal, 20-year extension secured
India is poised to finalize La substantial USD 78 billion deal aimed at extending liquefied natural gas (LNG) imports from Qatar for an additional 20 years, sources revealed. Petronet LNG Ltd, the country's largest LNG importer, is anticipated to ink the agreement with Qatar Energy during the India Energy Week (IEW) gathering. The deal is expected to secure supplies of 7.5 million tonnes of LNG annually for various purposes, including electricity generation, fertilizer production, and conversion to compressed natural gas (CNG).