Netflix's Ginny and Georgia Season 3 experiences a setback, delaying release until 2025. The two-year hiatus results from strikes and challenges in production, disappointing fans despite the show's impressive streaming record.
Explore the highly anticipated Elden Ring Shadow of the Erdtree DLC, delving into potential story developments, leaks and release date rumors. Uncover insights into the upcoming expansion and its speculated impact.
Tata Steel has proposed an additional financial support package of around £130 million for workers affected by its transition plan in the UK. As part of the decarbonisation plan, the company will close high-emission blast furnaces and coke ovens in 2024 and shift to electric arc furnace-based steelmaking. The transition aims to save energy costs and reduce carbon emissions. Tata Steel CEO T. V. Narendran emphasized the challenging situation and the company's efforts to provide fair and considerate outcomes for affected employees. Читать дальше...
MLB The Show 24 is set for a global release on March 19, 2024, with a Collector's Edition revealed on February 6. Blue Jays' Vladimir Guerrero Jr. graces the standard cover. Available on Nintendo Switch, Xbox Series X|S, PS5, Xbox One, and PS4.
Paytm Payments Bank faces uncertainty as customers and competitors adjust plans. Regulator intervention may be necessary to resolve issues related to banks taking over accounts. Parent company One 97 Communications and its loan sourcing business with non-banking financial companies will also be affected. Shriram Finance and other partners are reconsidering their relationships with Paytm.
India's batting approach in the second Test against England in Visakhapatnam left the door open for the visitors to chase a record 399-run target. Shubman Gill's century gave India a strong position, but their inexplicable batting in the final session allowed England to come back into the game. England ended the day at 67 for one, still needing 332 runs for victory. India's long tail failed to contribute, and England will be backing themselves to win and take a 2-0 series lead.
Ship classification societies such as Lloyd's Register certifies ships for sea worthiness by providing classification and compliance services to the marine and offshore industries, helping ship owners design, construct, operate, and decommission their assets safely as per environmental expectations. This is done by framing rules that are referred to as 'class rules'.
The Directorate of Enforcement (ED) has been investigating Paytm since 2021 over alleged money laundering and illegal betting. While Paytm denied that it was under ED scrutiny, the agency has flagged concerns over Indian payment gateways being used for trade-based money laundering, illegal betting, and diversion of funds to crypto wallets. The ED has not booked Paytm in any money laundering cases, but the company has faced scrutiny, with offices searched, documents sought, merchant accounts frozen, and executives questioned by the agency.
The central bank is likely to focus on non-rate measures for the sixth time when the Monetary Policy Committee (MPC) meets this week. By announcing a lower-than-expected government borrowing programme, the government has done its bit by helping push down yields.
The last date for submitting expressions of interest is February 9 and e-bidding will take place on February 21. Bidders are expected to offer 5% mark-up on 20% cash and 80% SR base bid, with preference to bids with a higher cash portion.
The proposed investment will be in the range of $300-400 million. Novarete plans to expand its IT-enabled BPM platform in the healthcare, insurance and select banking and financial services (BFSI) sectors through organic growth and acquisitions. With the significant capital commitment from Hillhouse, Novarete plans to expand its team within a couple of months, said sources.
The Directorate General of GST Intelligence (DGGI) is investigating Mahadev Online Book, an allegedly illegal betting application, and its promoters for suspected violation of GST rules and non-payment of tax. The DGGI suspects the GST dues to be around Rs 30,000 crore and alleges that Mahadev Book and its subsidiaries operated illegally without GST registration. The app is already under scrutiny for money laundering, illegal betting, and match-fixing by the Enforcement Directorate and police in multiple cities.
Vadraj Cement, previously known as ABG Cement, has been shifted from the Bombay High Court to the National Company Law Tribunal (NCLT) for debt resolution. The NCLT order allows lenders to potentially recover more than half of their dues. Adani Group, UltraTech Cement, and JSW Cement may bid to acquire the debt-laden company.
Chief Minister Siddaramaiah alleged injustice to Karnataka by the Central government with reduction in tax devolution, resulting in a loss of over Rs 45,000 crore to the state in the last 4 years. He claimed that taxes paid by Kannadigas are not useful for the state's difficult times and are going to northern states. Siddaramaiah demands fair treatment and justice for Kannadigas, stating that the northern states, which are indebted to taxes paid by southern states, can never be a model for Karnataka.
JSW Infra, India's second largest private port operator, plans to spend ₹6,000-7,000 crore over 3-4 years to increase its annual cargo handling capacity by over 40% to 250 million tonnes. The bulk of investment will be on two greenfield port projects in Karnataka and Odisha as well as the expansion of a cargo terminal. JSW Steel intends to set up a steel plant at Jatadhar port in Odisha. JSW also recently acquired majority shareholding of PNP Maritime Services, an operating port in Raigad, Maharashtra.
India is seeking greater market access for specific products like steel, rice, and shrimp in negotiations with South Korea for the upgradation of their existing free trade agreement, officially known as the Comprehensive Economic Partnership Agreement (CEPA). India has raised concerns about Korean firms not purchasing Indian steel and is demanding better market access for these products. The negotiations cover various sectors, including auto components and chemicals. South Korea has an import duty of 513% on rice and 5% on shrimp.
The government's emphasis on electric vehicles (EVs) in the recent budget is expected to have a transformative impact on the country's industrial landscape. The push for EV manufacturing, charging infrastructure, and incentives aligns with the 'Make In India' program and aims to create a robust EV industry. This move is expected to not only reshape the automobile industry but also fuel demand for new storage, distribution, and logistics facilities. The intricate logistics involved in the EV supply... Читать дальше...
Smartphone prices may increase in the June quarter due to rising memory chip prices and the strengthening of the Chinese yuan. Recent import duty cuts may partially offset the increase. Samsung and Micron are expected to implement a 15-20% price increase for memory chips in the March quarter. The impact of the price hike will be felt in the next quarter as vendors currently have sufficient inventory.
According to the expenditure plan prepared by the finance ministry for FY25, the government is looking to fund green projects and schemes worth ₹32,062 crore, compared to ₹22,324 crore this fiscal, the official told ET. The funding requirement has been prepared based on proposals submitted by various ministries. While the exact quantum of green bonds that will be issued in the next fiscal will be determined when the government finalises its borrowing calendar, given the higher funding needs, it... Читать дальше...
Global CEOs and financial heads of consumer-facing companies like Apple, Starbucks, Colgate, Mondelez, Diageo, and Whirlpool reported strong performance in their India businesses. Mondelez plans to invest in capacity expansion. Whirlpool expects a 4-6% increase in sales volume in Asia driven by India's growth. Apple's India business had record quarterly revenue. Diageo sees positive prospects with regulatory changes. Starbucks is confident of revenue and profit improvement in India. Colgate-Palmolive... Читать дальше...
India's ISRO will send the woman robot astronaut 'Vyommitra' into space ahead of the ambitious 'Gaganyaan' mission. 'Vyommitra' is equipped to monitor module parameters, issue alerts, and execute life support operations. It can operate six panels and respond to queries. The 'Gaganyaan' mission, India's first human-manned space flight, will launch next year and bring astronauts safely back to earth, landing in India's sea waters.
The probe is in connection with underpayment of customs and wrong declaration in the import of solar cells and solar modules from China between April 2022 to October 2023. The assessment so far indicates evasion of duty to the tune of ₹1,900 crore, officials said, suggesting it may exceed that as the probe proceeds. The evasion was carried out via the project import route and customs warehouse scheme.
Pakistan's military, fearing unrest, seeks to control election outcomes, sidelining ex-PM Imran Khan. Khan, jailed on various charges, is barred from elections. The military plans a hybrid regime, where it pulls strings behind a weak political façade. This approach aims to pre-determine outcomes, reminiscent of past failed attempts. Global allies - the US, China, and Saudi Arabia - seemingly align against Khan, making rival Nawaz Sharif a potential acceptable choice. This tactic, however, limits... Читать дальше...
Jacob Elordi, the rising Hollywood star, has been facing a police probe in Sydney. The reported reason behind the investigation will shock you.
The Rs 4,415 crore disbursement is only 2.25 per cent of the total outlay of Rs 1.97 lakh crore of incentives over five years under the PLI schemes announced in 2020, the Global Trade Research Initiative (GTRI) said on Sunday. "This slow fund spend is unsurprising, considering that setting up greenfield or new manufacturing operations takes time," it said. "PLI criteria for various sectors include thresholds on investments, production, sales, degree of localization, inputs used and many more. Manufacturers... Читать дальше...
