NEWS
Disney gears up for an an intense boardroom clash as activist Peltz eyes two seats
15 Dec 2023
In a significant development set to impact the entertainment giant Walt Disney, activist investor Nelson Peltz has nominated himself and former Disney Chief Financial Officer James “Jay” Rasulo for seats on the company’s board.
AT&T initiates pilot deal to acquire Rivian electric vehicles, aiming to reduce costs and emissions
15 Dec 2023
In a strategic move towards sustainability and efficiency, U.S. wireless carrier AT&T has announced its collaboration with electric vehicle (EV) startup Rivian.
ISRO Chief S. Somnath unveils future plans: Chandrayaan-4 mission and innovative robotic arm in the pipeline
15 Dec 2023
The Indian Space and Research Organization (ISRO) is embarking on an ambitious trajectory in space exploration, solidifying its position as a key player in the cosmos.
India's wholesale price inflation rises for the first time in FY24; hits 0.26% in November
15 Dec 2023
The annual rate of inflation based on the wholesale price index (WPI – Base 2011-12 = 100) rose to an 8-month high of 0.26 per cent in November 2023, provisional figures released by the commerce ministry showed.
Agriculture ministry organises 2-day Asean-India Millet Festival
15 Dec 2023
India on Thursday opened an Asean-India Millet Festival, a two-day event aimed at increasing awareness and establishing a larger market for millet and millet-based products.
KPIT unveils India’s first sodium-ion battery technology
15 Dec 2023
KPIT Technologies has unveiled India’s first sodium-ion battery technology, which is a cheaper alternative to lithium-ion (Li-Ion) battery used in electric vehicles and for energy storage.
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Vedanta Resources Ltd. secures $1.25 billion for debt refinancing and credit facilities
14 Dec 2023
In a strategic move, Vedanta Resources Ltd., the parent company of Vedanta Ltd., has successfully secured $1.25 billion from private lenders for debt refinancing and a new credit facility.
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Berkshire Hathaway acquires $588.7 million worth of Occidental Petroleum shares
14 Dec 2023
Berkshire Hathaway, one of the world’s largest holding companies, acquired nearly 10.5 million shares of Occidental Petroleum.
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Tesla recalls 2 million U.S. vehicles due to Autopilot safety concerns
14 Dec 2023
In response to safety concerns raised by a federal safety regulator, Elon Musk’s Tesla is recalling more than 2 million vehicles in the United States.
Epic Games wins antitrust case against Google’s Play app store
14 Dec 2023
The verdict by a Federal court in California comes as further proof of Google’s monopolistic use of its Android platform
Consumer price inflation at 3-month high of 5.55% in November
14 Dec 2023
Consumer price inflation in India, based on the Consumer Price Index (CPI), rose to 5.55 per cent in November 2023 from 4.87 per cent in October as food prices stood higher, preliminary data released by the National Statistics Office (NSO) showed.
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