CATEGORIES

TikTok acquires GoTo's Indonesia e-commerce for $1.5 bn

TikTok will take a controlling stake in an ecommerce unit of Indonesia's biggest tech firm, PT GoTo Gojek Tokopedia, a partnership that will see the video app invest $1.5 billion over long term, the companies said on Monday.

GOVT ANTICIPATES ONION PRICES TO DROP BELOW RS 40/KG BY JANUARY

Last week, the centre banned onion exports till March 2024 after the retail sales price of the kitchen staple crossed Rs 80/kg in the national capital and the prices in mandis remained around Rs 60/kg.

GAUHATI HIGH COURT: ALONGSIDE EMBARGO OF SECTION 37 NDPS ACT, UNDUE DELAY IN TRIAL CAN BE A GROUND FOR GRANT OF BAIL

The Gauhati High Court in the case Anil Malakar v. The State of Assam observed and has granted bail to an accused arrested for an offence under the Narcotic Drugs and Psychotropic Substances Act, 1985, NDPS Act while considering that there was no plausible ground to believe that he was guilty of the offence.

India. US. Taiwan to step up collaboration on cybersecurity

India is looking to deepen operational expertise and shared best practices on cybersecurity issues with the United States and Taiwan amidst a meeting of representatives of the three countries on December 11-12.

PM UNVEILS 'VIKSIT BHARAT @2047; URGES EDU INSTS TO SPEARHEAD DEVELOPMENT

The Prime Minister emphasised that India is currently in a crucial period known as 'Amrit Kaal,' offering the nation a significant opportunity for substantial progress in its development

Thermal power plants boost Coal stocks to 27 MT in Dec

India's domestic thermal Lpower plants held 27 million tonnes (MT) of coal as of December 9, marking a significant increase from the year's low of 18.5 MT reported approximately a month ago.

Union mins Vaishnaw, Puri, Irani, 2 CMs likely to attend WEF meet

Union ministers Ashwini Vaishnaw, Smriti Irani, and Hardeep Singh Puri, as well as Maharashtra Chief Minister Eknath Shinde and Karnataka Chief Minister Siddaramaiah, are likely to visit to the snow-covered and picturesque Swiss resort town of Davos next month to participate in the Annual Meeting of the World Economic Forum.

Centre directs NCCF, NAFED to procure 7 lakh tonnes of onion for buffer

Following the Centre's prohibition on the export of onion on 8 December, 2023 which will be in effect till 31 March, 2024, the Government has directed the National Cooperative Consumers Federation of India (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED) to procure 7 lakh tonnes of onion for the buffer.

Adani Portfolio sets highest ever EBITDA growth of 47% yoy

Led by strong growth in its infrastructure busicore: nesses like airports, green hydrogen that provide predictability and stability, the Adani portfolio delivered the highest ever EBITDA growth of 47 per cent yo-y in the first half of this fiscal (H1FY24), crossing 43,000 crore.

4th National Lok Adalat Of 2023: 1.17 Crore Cases Resolved

The 4th National Lok Adalat of the year 2023 was organised by the legal services authorities across the country under the aegis of National Legal Services Authority, NALSA and the stewardship of Justice Sanjay Kishan Kaul, Judge, Supreme Court of India and Executive Chairman, NALSA in 34 states or Union Territories on Saturday, December 09, 2023.

A PRIMER ON THE BROADCASTING SERVICES REGULATION BILL, 2023

The Ministry of Information and Broadcasting has recently released the Broadcasting Services Regulation Bill, 2023(Broadcasting Bill), and put it out for public consultation.

Xi Jinping's US tour: A strategic move amid global political turbulence

Amidst the uncertainty of world politics, President Xi Jinping of China has recently completed his high-voltage bilateral tour to the US.

ADB injects USD 250 million to boost India's industrial corridors

The Asian Development Bank (ADB) has greenlit a USD 250 million policy-based loan to further propel the development of industrial corridors in India.

Dubai announces ambitious plan to achieve 50% reduction in carbon emissions

DH ubai, in a bold move, has declared its commitment to achieving carbon neutrality, setting a robust target of reducing emissions by 50% by 2030.

TVS Apache RTR 160 4V variant launched at Rs 1.34L

Expanding its range of products, two- and maker three-wheeler TVS Motor has intro- duced the TVS Apache 160 4V motorcycle, which comes with Dual Channel ABS and Voice Assist.  xpanding its range of products, two- and maker three-wheeler TVS Motor has intro- duced the TVS Apache 160 4V motorcycle, which comes with Dual Channel ABS and Voice Assist.  ,

Reg of properties in Pune up 7% in Nov amid strong housing demand

Pune, une, witnessing a 7% annual rise in property registrations, marked a notable uptick in demand with 14,607 units registered in November, according to data released by real estate consultant Knight Frank India.

Tata & Nissan aid Cyclone Michaung-affected customers

A service plan has been Lintroduced by car maker Tata Motors to help customers affected by Cyclone Michaung in Tamil Nadu and some areas of Andhra Pradesh

PM MODI'S 'WED IN INDIA' AIMS TO REDIRECT RS 1 TRILLION SPENT ON OVERSEAS WEDDINGS."

The Prime Minister, in his monthly Man Ki Baat”, introduced the concept of Wed in India,” urging citizens to opt for destination weddings within the country.

Hospitality sector anticipates accelerated hiring post robust 2023 growth

The Indian hospitality and tourism sector is expected to see accelerated hiring going forward after witnessing a robust growth this year with domestic travels leading the way, according to industry players.

M-CAP OF 7 MOST VALUED COS ADD RS 3.04 TRN

The combined market valuation of seven of the 10 most valued firms climbed Rs 3,04,477.25 crore last week, with HDFC Bank and LIC emerging as the biggest gainers amid an overall optimistic trend in equities.

Adani unveils green aspects in Rs 7 lakh cr investment blueprint

The The Adani Group is set to allocate Rs 7 lakh crore for capital expenditure in the coming decade, as revealed by its billionaire chairman, Gautam Adani. Adani provided insights into the plans, underscoring their strategic 1 aim to strengthen the con-glomerate's standing as a key infrastructure leader in India.

INDIA'S POWER CONSUMPTION HITS 1,099.90 BILLION UNITS, UP 9%

The power consumption in the country was 1,010.20 BU in April-November 2022-23, higher than 916.52 BU recorded in the same period of 2021-22

FPIs infuse Rs 26,505 cr in equities during December kickoff

Foreign Portfolio Investors (FPIs) have demonstrated renewed confidence in the Indian equity markets, injecting a substantial Rs 26,505 crore in the first six trading sessions of December.

Uttarakhand HC initiates pending criminal cases against MPs & MLAs

The Uttarakhand High Court has taken suo motu cognizance of the backlog of criminal cases involving Members of Parliament (MPs) and Members of Legislative Assembly (MLAs) in the state and has sought a response from the government within two weeks.

TOSHIBA, ROHM TO INVEST $2.7 BILLION TO JOINTLY PRODUCE POWER CHIPS

Toshiba nounced and Rohm ana substantial investment of 388.3 billion yen ($2.7 billion) to jointly manufacture power chips, marking their first collaboration post Rohm's involvement in Toshiba's $14 billion buyout.

NCLAT puts hold on CCI penalty for NTPC's Ratnagiri Gas & Power shares acquisition

The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order that imposed a penalty on stateowned power producer NTPC for not disclosing the acquisition of 35.47 per cent equity share capital in Ratnagiri Gas & Power Private Ltd.

Swiss-Indian Chamber of Commerce launches Kolkata chapter to boost trade

The Swiss-Indian Chamber of Commerce (SICC) inaugurated its Kolkata chapter, the sixth one in India, to boost trade between the two countries.

SOURCEFUSE EXPECTS TO CROSS RS 200 CR THIS FISCAL

IT services firm SourceFuse expects to cross Rs 200 crore revenue mark this fiscal driven by its machine learning solution segment, a senior company official said.

PM MODI URGES 'WED IN INDIA' TO RETAIN RS 1 LAKH CRORE SPENDING ABROAD

Prime Minister Narendra Modi’s recent call for “Wed in India” has set the stage for a potential influx of Rs 1 lakh crore back to the country, redirecting expenditures incurred on destination weddings abroad.

PUNJAB & HARYANA HC ORDERS SALARY HOLD FOR NON-COMPLIANCE BY TOP OFFICIALS

The Punjab and Haryana High Court has directed the Punjab government to withhold the salaries of the heads of its education and finance departments until they comply with the court’s order to grant “service benefits” to a group of teachers who had filed a petition over a decade ago.