S. Korea’s science ministry to cancel licence of new mobile carrier Stage X over funding
Seoul, June 14 - South Korea's science ministry said on Friday that it will cancel the licence of Stage X as a new mobile carrier, saying the company failed to pay a paid-in capital.
Global brokerage firms bullish on Ambuja Cements’ stock after Penna acquisition
Mumbai, June 14 - Leading global brokerage firms have gone bullish on the Adani Group’s Ambuja Cements after it announced to acquire Hyderabad-based Penna Cement for Rs 10,442 crore.
Products from Chinese firms found to contain harmful substances
Seoul, June 14 - Some of the cosmetics and children's water toys sold on three overseas e-commerce retail platforms have been found to contain harmful substances far exceeding the permitted safety levels, a state-run consumer organisation said on Friday.
Tesla stockholders approve Musk’s $56 billion pay package
San Francisco, June 14 - Tesla stockholders have overwhelmingly approved the $56 billion pay package (now valued at $44.9 billion) for the company’s CEO Elon Musk, along with reincorporating the electric vehicle company in the US state of Texas, moving it from Delaware.
MECON Ltd seeks bids for use of green hydrogen in making steel
New Delhi, June 13 - As part of the government's move to replace fossil fuels with green hydrogen in steel manufacturing, MECON Limited has invited proposals from prospective bidders for use of Hydrogen in DRI Pilot Plant, in existing Blast Furnace and in
AWS offers $230 million in Cloud credits to generative AI startups, including in India
New Delhi, June 13 - Amazon Web Services (AWS) on Thursday announced a $230 million commitment in Cloud credits to generative AI startups and the expansion of the global Generative AI Accelerator, which is aimed at helping 80 founders and innovators (including 20
Govt says it has sufficient wheat stocks to keep price in check
New Delhi, June 13 - The Central government's Department of Food and Public Distribution is keeping a close watch on the price of wheat and has sufficient stocks of the cereal which can be released to cool down the market in case the
Adani Group’s Ambuja Cements acquires Penna Cement for Rs 10,422 crore
New Delhi, June 13 - Ambuja Cements, the leading Adani Group company, on Thursday announced the acquisition of 100 per cent stake in Penna Cement Industries Ltd (PCIL) for an enterprise value of Rs 10,422 crore, as the cement and building material major
Vodafone Idea’s board approves fundraise of Rs 2,458 crore via stock sale
Mumbai, June 13 - Telecom service provider Vodafone Idea, on Thursday, said that its board has approved issuance of about 166.8 crore equity shares worth Rs 2,458 crore on a preferential basis.
Oracle to train 200K students in India in Cloud, AI tech
New Delhi, June 13 - Cloud major Oracle on Thursday announced that it would support the training of 200,000 students in India in Cloud, data science, Artificial Intelligence (AI), and other emerging technologies.
GST Council meeting scheduled for June 22
New Delhi, June 13 - The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 22 to take a look at the taxes being levied on goods and services ahead of the full Union Budget which is likely to be
Atal Innovation Mission connects young innovators with rural ecosystem
New Delhi, June 13 - Atal Innovation Mission's (AIM) Student Entrepreneurship Programme (SEP) season -- 2023-24 has witnessed a special focus on connecting young innovators with Krishi Vigyan Kendras, resulting in a significant number of projects centred around the rural ecosystem theme, NITI
Samsung Chairman meets with Meta, Amazon and Qualcomm CEOs in US
Seoul, June 13 - Samsung Electronics Chairman Lee Jae-yong has met with the heads of Meta, Amazon and Qualcomm in the US this week to discuss future technologies and business collaborations, the company said on Thursday.
Software, hardware firms hiring talented freshers with highest salaries in India
Bengaluru, June 13 - Signalling a shift in hiring strategies, IT companies in India, particularly in the hardware and software sectors, are hiring freshers the most as the demand for raw talent has increased by 5 per cent over the last six months,
Advanced manufacturing startup Ethereal Machines raises $13 mn
New Delhi, June 13 - Advanced manufacturing startup Ethereal Machines on Thursday announced it has raised $13 million in a Series A round led by Peak XV Partners and Steadview Capital.
Cong govt got tight slap from K’taka court on Yediyurappa matter: Union Min Pralhad Joshi
Bengaluru, June 15 - Union Minister Pralhad Joshi said on Saturday that the Congress government received a tight slap from the court in a case involving former Chief Minister B.S. Yediyurappa.
Wayanad or Raebareli? Rahul Gandhi likely to decide on Monday
Thiruvananthapuram, June 15 - Congress leader Rahul Gandhi is likely to end his dilemma on Monday over which Lok Sabha seat to retain -- Wayanad or Raebareli.
Kuwait fire: 14 Keralites under treatment out of danger
Kochi, June 15 - Fourteen Keralites, presently undergoing treatment at a hospital in Kuwait, are reported to be out of danger.
Eid eve shopping subdued, but festivities on in Kashmir
Srinagar, June 15 - Even when markets had more than usual presence of shoppers in J&K’s Srinagar and other cities and towns of Kashmir on the eve of the holiest Muslim festival of Eid-ul-Azha on Saturday, the traditional high-pitch buying and selling has
CM Vijayan mulls cabinet rejig after Minister becomes MP
Thiruvananthapuram, June 15 - With Chief Minister Pinarayi Vijayan having to find a replacement for the state Minister for SC/ST, K. Radhakrishnan, the only Left candidate to win the Lok Sabha election, talks have started within the CPI(M) for a possible reshuffle of