NEWS

Google to pay $700 million to Play Store users, relax app rules for 7 years

Google to pay $700 million to Play Store users, relax app rules for 7 years

20 Dec 2023

Google has agreed to pay $700 million to users of its Play Store, following a judge’s decision in September that the tech giant is exerting illegal monopoly on Android with its Play Store and the restrictions on users.

IBM to acquire Software AG’s StreamSets and webMethods platforms for €2.13 bn

IBM to acquire Software AG’s StreamSets and webMethods platforms for €2.13 bn

20 Dec 2023

IBM on Monday announced the signing of a definitive agreement to acquire StreamSets and webMethods technology platforms from Software AG, for €2.13 billion in cash.

SpiceJet, 2 other entities show interest in bankrupt Go First

SpiceJet, 2 other entities show interest in bankrupt Go First

20 Dec 2023

Three companies, including budget carrier SpiceJet, Africa-focused Safrik Investments and Sharjah-based aviation company Sky One, have reportedly expressed interest in acquiring beleaguered carrier Go First.

Net direct tax collections up 20.66% at Rs13,70,388 crore

Net direct tax collections up 20.66% at Rs13,70,388 crore

19 Dec 2023

Net direct tax collections so far during the financial year 2023-24 (as of 17 December 2023) stood at Rs13,70,388 crore

UPI transactions grow at a CAGR of 168% in 5 years to Rs139 lakh crore

UPI transactions grow at a CAGR of 168% in 5 years to Rs139 lakh crore

19 Dec 2023

The value of financial transactions using the Unified Payments Interface (UPI) has grown from Rs1 lakh crore to Rs139 lakh crore in the last five years

India’s vehicle safety testing programme `Bharat NCAP’ is now operational

India’s vehicle safety testing programme `Bharat NCAP’ is now operational

19 Dec 2023

Government of India's vehicle safety assessment programme, Bharat New Car Assessment Programme (BNCAP) has completed its first round of crash testing and results are expected this week or by the end of this month.

Kakrapar Atomic Power Project Unit-4 achieves criticality

Kakrapar Atomic Power Project Unit-4 achieves criticality

19 Dec 2023

The 700 MW fourth unit of Kakrapar Atomic Power Project (KAPP) achieved criticality (start of controlled fission chain reaction) on 17 December 2023, marking the completion of the project.

India meets climate action targets 7 years ahead of time; sets goals higher

India meets climate action targets 7 years ahead of time; sets goals higher

19 Dec 2023

India has surpassed the UN mandated targets of reducing emissions intensity of its GDP by 33 to 35 per cent and bringing 40 per cent of all installed electricity generation capacity under non-fossil fuel sources by 2030

PM inaugurates Surat Diamond Bourse

PM inaugurates Surat Diamond Bourse

18 Dec 2023

Prime Minister Narendra Modi on Sunday inaugurated the Surat Diamond Bourse, which he claimed to be the world’s largest and the most modern centre for international diamond and jewelry business.

The government contemplates the termination of the FAME subsidy for electric two-wheelers

The government contemplates the termination of the FAME subsidy for electric two-wheelers

18 Dec 2023

In a recent report by the Times of India (ToI), it has been indicated that the government is unlikely to continue subsidies for electric two-wheelers as the provisions for the same are set to expire in a few weeks.

Adani to sell 49% stake in Ennore container terminal to MSC arm

Adani to sell 49% stake in Ennore container terminal to MSC arm

18 Dec 2023

Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday announced a strategic partnership with Terminal Investment Limited (TiL), the container terminal operating and investing arm of Mediterranean Shipping Company (MSC), for the operation of Adani Ennore Container Terminal Pvt Ltd (AECTPL).

Tipplers rejoice, India’s `Indri’ is the world’s finest whisky!

Tipplers rejoice, India’s `Indri’ is the world’s finest whisky!

18 Dec 2023

India’s `Make-in-India’ push has achieved another first – the country can now boast of the world’s finest single malt whisky. `Indri,’ made by Piccadily Distilleries, has been named this year’s best single malt whisky.

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