 "NLC India seeks to accelerate mining at Machhakata coal block, aiming for a major boost in its production capacity by 2030.")
NLC India Ltd, a state-owned company, is planning to begin mining at the Machhakata coal block in Odisha ahead of schedule. This block, the largest among NLCIL’s mining projects, holds 1.4 billion tonnes of coal reserves and a capacity of 30 million tonnes per annum. NLCIL successfully bid for the Machhakata coal block in a ...
 "Congress accuses Sebi Chairperson Madhabi Buch of corruption and conflict of interest amid ongoing investigations into insider trading cases.")
The Congress party has accused Sebi Chairperson Madhabi Puri Buch of conflict of interest due to her rental income from a company linked to ongoing insider trading investigations. Jairam Ramesh, Congress general secretary, questioned Prime Minister Modi on the need for transparency in the capital markets. Pawan Khera, another Congress leader, revealed that Buch received ...
 "Apple is set to unveil revamped AirPods, including new AirPods 4 and upgraded AirPods Max, at the iPhone 16 launch.")
Apple is set to refresh its AirPods lineup during the upcoming “It’s Glowtime” event, likely coinciding with the iPhone 16 launch. The company is expected to introduce two new models: a standard AirPods 4, replacing the AirPods 2, and an upgraded variant to succeed the AirPods 3. The entry-level model may be branded as “AirPods ...
 "In August 2024, thali costs plummeted, driven by massive price drops in key ingredients like tomatoes and fuel, offering hope amid inflation.")
In August 2024, the cost of preparing a vegetarian thali at home decreased by 8 percent year-on-year, while non-vegetarian thali prices dropped by 12 percent. This decline was mainly due to significant price cuts in essential ingredients like tomatoes, which fell by 51 percent, and a drop in the cost of vegetable oil and spices. ...
 "Sebi plans strict derivative rules to curb risky retail trading, increasing costs and limiting options to enhance market stability.")
India’s Securities and Exchange Board of India (Sebi) is set to introduce stricter rules for derivatives trading to protect retail investors from speculation risks. The new regulations will limit options contract expiries to one per exchange each week and raise the minimum trading amount to between Rs 15 lakh and Rs 20 lakh, increasing the ...
 "Supreme Court delays insolvency proceedings against Byju’s amid disputes over a ₹158.9 crore settlement with BCCI, fueling financial drama.")
The Supreme Court has agreed to hear an appeal from Glas Trust Company LLC, a US creditor, regarding a recent NCLAT judgment that paused insolvency proceedings against Byju’s, the prominent ed-tech firm. This decision comes after NCLAT approved a Rs 158.9 crore settlement with the BCCI over outstanding sponsorship payments. Byju’s lawyers argue the petition ...
 "Maharashtra approves a billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.")
Maharashtra’s government has approved a major semiconductor fabrication unit to be built in Panvel, Mumbai, through a collaboration between the Adani Group and Israel’s Tower Semiconductor. This project, involving an investment of approximately Rs 83,947 crore ($10 billion), aims to produce 80,000 semiconductor wafers monthly in two phases. The first phase will invest Rs 58,763 ...
 "India’s renewable energy ambitions are stifled by insufficient weather forecasting, jeopardizing safety and profitability in a rapidly evolving landscape.")
India’s renewable energy sector is facing challenges due to inadequate weather forecasting, according to industry leaders. At the BloombergNEF Summit in New Delhi, experts highlighted that the country’s low density of weather stations and infrequent data collection hinder the performance of wind farms and overall clean energy production. Improved weather models are essential for optimizing ...
 "Salesforce plans to acquire Own Company for .9 billion, enhancing data security amid rising cyber threats as it seeks growth.")
Salesforce has announced its acquisition of Own Company, a data protection and management solutions provider, for $1.9 billion in cash. This move aims to enhance Salesforce’s data security and privacy offerings, especially as customers prioritize safeguarding their data from loss and cyber threats. The company expects this deal to contribute positively to free cash flow ...
 "Indian IT sector sees a 6% revenue per head rise, but faces intense margin pressure amid peak operating metrics.")
The Indian IT sector saw a 6 percent year-on-year increase in revenue per head in the first quarter of financial year 2025, driven mainly by higher efficiency and subcontracting, rather than pricing improvements. Infosys led large companies with a 9 percent rise, while mid-tier firms like Persistent Systems and KPIT reported even stronger growth. However, ...
