NEWS
Centre releases Rs72,961.21 cr more as tax devolution to states
22 Dec 2023
The central government has authorised the release of an additional installment of Rs72,961.21 crore to states as part of its devolution of tax.
OMCs cut commercial LPG prices by Rs39.50 per cylinder
22 Dec 2023
State-run oil marketing companies (OMCs) on Friday announced a Rs39.50 reduction in the price of commercial cooking gas (LPG) that is sold in 19-kg cylinders, reflecting a fall in international prices.
RBI cautions banks, NBFCs on exposure to alternative investment funds
22 Dec 2023
Reserve Bank of India (RBI) has directed all regulated entities (REs), including commercial banks, co-operative banks and all-India financial institutions
Microsoft's Windows 10 support shutdown may result in massive e-waste, warns Canalys Research
22 Dec 2023
Microsoft Corporation is set to terminate support for its Windows 10 operating system, potentially leading to the disposal of approximately 240 million personal computers (PSs), as revealed by a study from Canalys Research.
Hyperloop One ceases operations after failing to secure contracts
22 Dec 2023
In a significant development, Hyperloop One, the high-speed freight transportation company based in Los Angeles, U.S., is set to shut down.
ISRO: Triumphs and milestones of 2023
22 Dec 2023
In 2023, the Indian Space Research Organization (ISRO) will have achieved remarkable milestones, solidifying its position in the field of space exploration. Notably, the successful launch of Chandrayaan-3 marked a pivotal moment, showcasing India’s prowess in lunar missions.
Zomato denies an acquisition offer for Shiprocket amidst market speculation
22 Dec 2023
In response to recent reports suggesting a potential $2 billion acquisition offer for delivery platform Shiprocket, Zomato has strongly denied the claims.
Tata’s Harrier and Safari awarded 5-star rating in maiden Bharat-NCAP crash test
22 Dec 2023
Two home-grown sports utility vehicles – the new Harrier and Safari models of Tata Motors – have been given 5-star safety ratings in the maiden crash-tests conducted by the newly-established Bharat New Car Assessment Programme vehicle safety assessment programme.
Zomato explores a $2 billion acquisition of Shiprocket
21 Dec 2023
In a strategic move, Zomato, the renowned food delivery platform spearheaded by Deepinder Goyal, is eyeing the acquisition of Shiprocket, a prominent e-commerce shipping startup.
LIC gets a 10-year exemption from the 25% public shareholding rule
21 Dec 2023
In a significant development, the state-owned Life Insurance Corporation of India (LIC) announced on Thursday, 21 December 2023, that it has secured a one-time exemption from the Finance Ministry regarding the 25% public shareholding rule.
Adani plans a $1 billion boost for the renewable energy arm
21 Dec 2023
In a strategic move to accelerate its green energy ambitions, billionaire Gautam Adani and his family are set to inject $1 billion into Adani Green Energy Ltd.
Toyota announces a global recall of 1.12 million vehicles due to airbag concerns
21 Dec 2023
In a press statement released on Wednesday, 20 December 2023, Toyota Motors declared its decision to recall 1.12 million vehicles globally, citing potential issues with airbag deployment linked to a short circuit in a sensor.
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