 "Supreme Court Demands Clarity as Sahara’s Investor Refund Saga Continues")
The Supreme Court has instructed the Sahara Group to provide details about its officials and current shareholders, as well as a list of properties that can be sold to raise Rs 10,000 crore. This amount is needed for returning investors’ money, following a court order from August 2012. The court, which has been addressing this ...
 "India’s Ambitious Leap: Aviation Sector Set for Major Transformation")
The Indian government is advancing plans to manufacture commercial aircraft domestically, as announced by Civil Aviation Minister K Rammohan Naidu. A special purpose vehicle will be established to involve industry stakeholders in this initiative. The recently passed Bhartiya Vayuyan Vidheyak Bill 2024 will regulate aircraft design and production, aligning with the Aatmanirbhar Bharat initiative aimed ...
 "DirecTV vs. Disney: A Battle Shaping the Future of TV Bundling")
DirecTV’s ongoing negotiations with Disney are transforming into a crucial debate about the future of bundled TV programming. Currently, 11 million DirecTV customers have lost access to ESPN amid this dispute, which has escalated during significant sporting events. DirecTV is pushing Disney to allow more flexible packages, enabling customers to opt-out of pricey sports channels ...
 "Harvinder Singh Makes History: India’s First Gold in Paralympic Archery!")
Harvinder Singh has made history by becoming the first Indian archer to win a gold medal at the Paralympics, defeating Poland’s Lukasz Ciszek in a decisive 6-0 victory in the Men’s Individual Recurve Open. This remarkable achievement comes three years after he won bronze at the Tokyo Paralympics. The 33-year-old athlete showcased his skill and ...
 "Gala Precision Engineering’s IPO Soars 201.44 Times Amid High Demand")
Gala Precision Engineering Ltd has announced its initial public offering (IPO) with a price range set between Rs 503 and Rs 529 per share. The IPO has seen overwhelming demand, being subscribed 201.44 times by the closing day, with non-institutional investors leading the charge at 414.65 times. The total offering includes 25.58 lakh new shares ...
 "Elon Musk’s X Wins Appeal Against California’s Disinformation Moderation Law")
Elon Musk’s social media platform, X, has successfully appealed to block parts of a new California law that requires social media companies to publicize their content moderation policies. A three-judge panel from the 9th U.S. Circuit Court of Appeals in San Francisco overturned a lower court’s refusal to pause the law, which aimed to make ...
 "Telangana in Crisis: Central Aid Stalled Amidst Devastating Floods")
The Telangana government has requested Rs 2,000 crore from the Centre for flood relief, following significant rainfall and estimated losses exceeding Rs 5,000 crore. However, the Union government has highlighted that Telangana has not provided the necessary information to release these funds. As of April 1, 2024, over Rs 1,345 crore is already available in ...
 "Vedanta Takes Charge: ASI Set for Explosive 10-Fold Growth")
Vedanta Limited has announced significant growth for its display glass business, expecting a tenfold increase following its recent acquisition of a 46.57 percent stake in AvanStrate Inc. This acquisition boosts Vedanta’s total ownership in the Japanese display glass manufacturer to about 98 percent. With ASI now fully under Vedanta’s control and free from external debt, ...
 "Canara Bank Secures 0 Million with 5-Year Bonds Amid Strong Investor Confidence")
Canara Bank has successfully raised $300 million through its IFSC Banking Unit, as announced on September 4, 2024. The funds will be utilized for general corporate purposes and come from bonds maturing in five years, featuring a coupon rate of 4.896% paid semi-annually. The bank’s Managing Director and CEO, K Satyanarayana Raju, expressed satisfaction with ...
The National Dairy Research Institute (NDRI) in Karnal has made a significant breakthrough in dairy farming by developing a gene-edited embryo using CRISPR technology. This innovation aims to enhance milk production’s resilience against climate change, ensuring steady supplies even in extreme weather. The next step involves implanting the edited embryo into a female buffalo for ...
