A tragic incident occurred at a fireworks unit in Guhanparai, Virudhunagar, where a worker lost his life and another was injured due to an explosion. The blast happened around 9:30 am while workers were unloading chemicals. The deceased, 27-year-old G Govindaraj, died at the scene, while 19-year-old P Gurumoorthy was hospitalized. The chemical storage room ...
 "Samsung’s Indian unit escalates tensions, suing striking workers for higher wages, while protests threaten Prime Minister Modi’s investment plans.")
Samsung’s Indian unit has filed a lawsuit against the members of a labor union behind a strike now entering its 11th day at its appliance plant in Tamil Nadu. The company is seeking a temporary injunction to stop union activities that they claim could disrupt operations and threaten worker safety. Since September 9, over 1,000 ...
 "LG Electronics plans a .5 billion IPO for its Indian unit, aiming to boost revenue and capitalize on India’s growth potential.")
LG Electronics is planning a potential initial public offering (IPO) for its Indian business, aiming to raise between $1 billion and $1.5 billion. This move could value LG Electronics India Pvt Ltd at around $13 billion. The company has selected major banks like Bank of America, Citigroup, JPMorgan Chase, and Morgan Stanley to manage the ...
 "Aviva’s India Unit Under Fire for Alleged Million Tax Evasion Scheme")
British insurer Aviva is under scrutiny in India for alleged tax evasion involving fake invoices and cash payments to sales agents. Reports indicate that between 2017 and 2023, Aviva’s India unit breached local commission regulations, which led to an estimated $5.2 million in unpaid taxes. The Indian tax agency claims that Aviva channeled about $26 ...
Today’s Current Affairs: Get ready for a possible larger display on the upcoming iPhone 16 Pro Max, as leaks suggest it could be slightly larger than the current flagship, the iPhone 15 Pro Max. Images of a dummy unit for the iPhone 16 Pro Max have surfaced online, showcasing the potential differences between the two ...
Cryptocurrency exchange Binance has secured registration with the Indian Financial Intelligence Unit (FIU). This marks a significant milestone for the platform as it continues to expand its presence in the Indian Market. The registration will enable Binance to operate legally within the country and comply with regulatory requirements. Click to Claim Latest Airdrop for FREE ...
