NEWS

Godrej Properties achieves record sales with the Gurugram luxury housing project

Godrej Properties achieves record sales with the Gurugram luxury housing project

26 Dec 2023

Godrej Properties announced on Tuesday, 26 December 2023, the successful sale of more than 600 flats in its newest luxury housing venture in Gurugram, Haryana.

Reliance, Disney to consolidate media operations in India

Reliance, Disney to consolidate media operations in India

26 Dec 2023

Reliance Industries is reported to have signed a non-binding agreement with Walt Disney Company for merger of their media operations in India.

India’s NewSpace test-flies high-altitude long-endurance UAV

India’s NewSpace test-flies high-altitude long-endurance UAV

26 Dec 2023

Bengaluru-based NewSpace Research and Technologies Pvt Ltd (NRT) on Saturday said it has carried out the first test-flight of a solar-powered, long-endurance drone.

India-bound merchant ship hit by drone strike In Arabian Sea

India-bound merchant ship hit by drone strike In Arabian Sea

26 Dec 2023

An India-bound merchant ship was hit by a drone strike that caused an explosion and fire on the vessel in the Arabian Sea, off the Veraval cost, on Saturday. No casualties have been reported.

Bristol Myers to buy schizophrenia drugmaker Karuna Therapeutics for $14 bn

Bristol Myers to buy schizophrenia drugmaker Karuna Therapeutics for $14 bn

26 Dec 2023

Bristol Myers Squibb on Friday agreed to acquire Karuna Therapeutics, a pioneer in schizophrenia drugs, for $330 per share in cash

RBC gets govt nod for $10 bn acquisition of HSBC Canada

RBC gets govt nod for $10 bn acquisition of HSBC Canada

23 Dec 2023

The Canadian government on Thursday granted approval for Royal Bank of Canada’s C$13.50 billion ($10.20 billion) acquisition of the Canadian assets of HSBC (HSBC Canada)

Intel to lay off 235 more employees in US as it reworks strategy

Intel to lay off 235 more employees in US as it reworks strategy

23 Dec 2023

Computer chip maker Intel Corporation plans to lay off around 235 employees at its research and development facility in Folsom, Sacramento County over two weeks, as part of its ongoing efforts to cut costs.

Deadline for $10-bn Zee-Sony merger extended by a month

Deadline for $10-bn Zee-Sony merger extended by a month

22 Dec 2023

Zee Entertainment Enterprises Ltd (ZEEL) and Sony Group Corporation have arrived at an agreement to extend the deadline for their $10 billion merger bay a month.

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

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.

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