NEWS

N Srinivasan resigns as CEO and MD of India Cements as Aditya Birla Group takes control

N Srinivasan resigns as CEO and MD of India Cements as Aditya Birla Group takes control

26 Dec 2024

N Srinivasan on Wednesday stepped down as chief executive officer and managing director of India Cements, as Aditya Birla Group flagship UltraTech

MSME exports nearly quadruple in 5 years to Rs12.39 lakh crore

MSME exports nearly quadruple in 5 years to Rs12.39 lakh crore

26 Dec 2024

Exports from micro, small, and medium enterprises (MSMEs) in India nearly quadrupled to Rs12.39 lakh crore in 2024-25 from Rs3.95 lakh crore in 2020-21

New Trai framework ensures traceability of SMS

New Trai framework ensures traceability of SMS

25 Dec 2024

The Telecom Regulatory Authority of India (Trai) has implemented a framework to ensure traceability of commercial SMS, in an effort to create a spam-free messaging ecosystem.

Amantya Technologies to develop carrier-grade 5G SA Core with DoT funding

Amantya Technologies to develop carrier-grade 5G SA Core with DoT funding

25 Dec 2024

The Department of Telecom (DoT) has extended funding to Amantya Technologies for local development and production of 5G SA Core for public and private deployment.

UK develops low-cost radio frequency weapon system to neutralise UAV swarms

UK develops low-cost radio frequency weapon system to neutralise UAV swarms

25 Dec 2024

The UK has developed and successfully tested a radio frequency directed energy weapon (RFDEW) system that can neutralise drone swarms, the UK defence ministry said last week.

India adds 15 GW renewable capacity in April-November, aims at 500 GW by 2030

India adds 15 GW renewable capacity in April-November, aims at 500 GW by 2030

25 Dec 2024

India doubled its renewable energy capacity addition to 15 GW during April-November 2024-25 compared to the similar period of the previous fiscal, and has now raised its 2030 target to 500 GW.

Adani Defence acquires MRO Air Works for Rs400 crore

Adani Defence acquires MRO Air Works for Rs400 crore

25 Dec 2024

Adani Group has acquired an 85.8 per cent stake in Air Works, India’s largest and, perhaps, the oldest maintenance,

Honda, Nissan and Mitsubishi Motors sign MoU on collaboration

Honda, Nissan and Mitsubishi Motors sign MoU on collaboration

24 Dec 2024

Japanese car makers Honda Motor Co, Nissan Motor Co and Mitsubishi Motors Corporation on Monday signed a memorandum of understanding

EU approves Nvidia's $700 million deal to acquire Run:ai

EU approves Nvidia's $700 million deal to acquire Run:ai

24 Dec 2024

The European Commission, the executive arm of the European Union (EU), has approved Nvidia’s $700 million deal to acquire Israel-based GPU chipmaker Run:ai

India’s telephone subscriber base shrinks in October

India’s telephone subscriber base shrinks in October

23 Dec 2024

The number of telephone subscribers in India decreased by 0.21 per cent to 1,188.20 million at the end of October 2024, from 1,190.66 million at the end of September.

Reliance Digital Health to acquire 45% stake in Health Alliance Group for $10 million

Reliance Digital Health to acquire 45% stake in Health Alliance Group for $10 million

23 Dec 2024

Reliance Digital Health Ltd (RDHL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has agreed to acquire 45 per cent equity stake in Health Alliance Group

News Corp to sell Foxtel to DAZN for $2.1 billion

News Corp to sell Foxtel to DAZN for $2.1 billion

23 Dec 2024

Rupert Murdock-led News Corporation has agreed to sell its loss-making digital platform Foxtel to DAZN Group Ltd, a UK-based sports streaming platform, for an enterprise value of A$3.4 billion ($2.1 billion).

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