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Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
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PS5 Sales Cross 65 Million as Sony Sees 73 Percent Jump in Q3 Profit
Sony reported a bigger-than-expected 73 percent jump in operating profit in the September quarter. Friday’s earnings highlighted the power of a few hit titles to sway Sony’s PlayStation business segment, now four years into the latest hardware generation.
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Despicable Me 4 OTT Release Date: When and Where to Watch it Online?
Universal’s Despicable Me 4 will be available on Peacock for streaming from October 31. The latest chapter in the hit animated series introduces Gru’s new son and a new villain, making it a fresh and exciting addition to the beloved franchise. With box office earnings reaching $954 million, Despicable Me 4 has solidified its place as a top-perf...
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At NDTV World Summit, Zepto CEO Aadit Palicha Shares Story Behind Dropping Out Of Stanford To Build Company
Aadit Palicha and Kaivalya Vohra were students at Stanford University, California, studying Computer Sciences when they dropped out of college and chose to build a ten-minute-delivery startup which is now valued at $5 billion
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Exoplanet Orbiting a White Dwarf Star Gives Researchers Hope That Earth Might Escape Its Eventual Death
A planetary system anchored by a white dwarf star, located approximately 4,000 light-years away, provides astronomers with insights into what could happen to our Sun and Earth in about 8 billion years. This scenario unfolds if the Earth survives the Sun's transformation into a red giant, expected to occur in 5 to 6 billion years.
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Apollo Global Said to Offer $5 Billion Investment in Intel
Apollo Global Management has offered to make a multibillion-dollar investment in Intel Corp. The development comes as San Diego-based Qualcomm floats a friendly takeover of Intel, people with knowledge of the matter said on Saturday, raising the prospect of one of the biggest-ever M&A deals.
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Vodafone-Idea Concludes Network Equipment Deal With Nokia, Ericsson and Samsung Worth $3.6 Billion
India's Vodafone Idea has finalised a $3.6 billion (roughly Rs. 30,066 crore) deal with Nokia, Ericsson and Samsung for supply of equipment over the period of three years. Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage.
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Flipkart Big Billion Days Sale 2024: Nothing Announces Offers on Ear A, CMF Watch Pro and Other Products
Flipkart Big Billion Days Sale 2024 will kick off on September 27. Ahead of the upcoming festive season, Carl Pei-led Nothing has announced discounts of up to 50 percent on its range of audio and other wearable products such as the Nothing Ear (a), that will be available to buyers during the Flipkart sale.
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NXP Semiconductors to Invest Over $1 Billion in India Pushing R&D Efforts
India is getting an investment of over $1 billion (roughly Rs. 8,398 crore) from NXP Semiconductors. India expects its semiconductor market to be worth $63 billion (roughly Rs. 5,29,102 crore) by 2026.
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Chang’e 5 Probe Reveals Volcanic Activity on the Moon Occurred Much Earlier Than Previously Believed
China's Chang'e 5 mission has brought new insight into the Moon's volcanic history, suggesting that the volcanic activity might have taken place much sooner than previously believed. Samples of lunar soil, returned to Earth in 2020, contain glass beads formed by volcanic eruptions just 120 million years ago. This is a significant discovery, as it c...
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Elon Musk Denies Report That Claims xAI Held Talks Over Share in Tesla Revenue
Elon Musk has refuted that his AI startup xAI has held talks for a share in future Tesla revenue in return for giving Tesla the access to xAI's technology and resources.
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7,000 And Counting: A Look At Sultan Of Brunei's $5 Billion Car Collection
Sultan Of Brunei's car collection boasts more than 7,000 vehicles and is worth an estimated $5 billion.
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Milky Way and Andromedia Fated Collision Might Not Happen, Reveals New Study
Recent research has cast doubt on the certainty of the Milky Way-Andromeda galaxy collision, suggesting the event may not be as inevitable as once thought. Traditionally, astronomers have predicted that our galaxy would merge with Andromeda within the next 5 billion years, creating a new elliptical galaxy often referred to as "Milkomeda." However, ...
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US Approves Sale Of 600 Patriot Missiles To Germany
The United States on Thursday announced its approval of a $5 billion sale of up to 600 Patriot missiles and related equipment to Germany, which has donated several of the advanced air defense systems to Ukraine.
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Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
PS5 Sales Cross 65 Million as Sony Sees 73 Percent Jump in Q3 Profit
Sony reported a bigger-than-expected 73 percent jump in operating profit in the September quarter. Friday’s earnings highlighted the power of a few hit titles to sway Sony’s PlayStation business segment, now four years into the latest hardware generation.
-
Despicable Me 4 OTT Release Date: When and Where to Watch it Online?
Universal’s Despicable Me 4 will be available on Peacock for streaming from October 31. The latest chapter in the hit animated series introduces Gru’s new son and a new villain, making it a fresh and exciting addition to the beloved franchise. With box office earnings reaching $954 million, Despicable Me 4 has solidified its place as a top-perf...
-
At NDTV World Summit, Zepto CEO Aadit Palicha Shares Story Behind Dropping Out Of Stanford To Build Company
Aadit Palicha and Kaivalya Vohra were students at Stanford University, California, studying Computer Sciences when they dropped out of college and chose to build a ten-minute-delivery startup which is now valued at $5 billion
-
Exoplanet Orbiting a White Dwarf Star Gives Researchers Hope That Earth Might Escape Its Eventual Death
A planetary system anchored by a white dwarf star, located approximately 4,000 light-years away, provides astronomers with insights into what could happen to our Sun and Earth in about 8 billion years. This scenario unfolds if the Earth survives the Sun's transformation into a red giant, expected to occur in 5 to 6 billion years.
-
Apollo Global Said to Offer $5 Billion Investment in Intel
Apollo Global Management has offered to make a multibillion-dollar investment in Intel Corp. The development comes as San Diego-based Qualcomm floats a friendly takeover of Intel, people with knowledge of the matter said on Saturday, raising the prospect of one of the biggest-ever M&A deals.
-
Vodafone-Idea Concludes Network Equipment Deal With Nokia, Ericsson and Samsung Worth $3.6 Billion
India's Vodafone Idea has finalised a $3.6 billion (roughly Rs. 30,066 crore) deal with Nokia, Ericsson and Samsung for supply of equipment over the period of three years. Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage.
-
Flipkart Big Billion Days Sale 2024: Nothing Announces Offers on Ear A, CMF Watch Pro and Other Products
Flipkart Big Billion Days Sale 2024 will kick off on September 27. Ahead of the upcoming festive season, Carl Pei-led Nothing has announced discounts of up to 50 percent on its range of audio and other wearable products such as the Nothing Ear (a), that will be available to buyers during the Flipkart sale.
-
NXP Semiconductors to Invest Over $1 Billion in India Pushing R&D Efforts
India is getting an investment of over $1 billion (roughly Rs. 8,398 crore) from NXP Semiconductors. India expects its semiconductor market to be worth $63 billion (roughly Rs. 5,29,102 crore) by 2026.
-
Chang’e 5 Probe Reveals Volcanic Activity on the Moon Occurred Much Earlier Than Previously Believed
China's Chang'e 5 mission has brought new insight into the Moon's volcanic history, suggesting that the volcanic activity might have taken place much sooner than previously believed. Samples of lunar soil, returned to Earth in 2020, contain glass beads formed by volcanic eruptions just 120 million years ago. This is a significant discovery, as it c...
-
Elon Musk Denies Report That Claims xAI Held Talks Over Share in Tesla Revenue
Elon Musk has refuted that his AI startup xAI has held talks for a share in future Tesla revenue in return for giving Tesla the access to xAI's technology and resources.
-
7,000 And Counting: A Look At Sultan Of Brunei's $5 Billion Car Collection
Sultan Of Brunei's car collection boasts more than 7,000 vehicles and is worth an estimated $5 billion.
-
Milky Way and Andromedia Fated Collision Might Not Happen, Reveals New Study
Recent research has cast doubt on the certainty of the Milky Way-Andromeda galaxy collision, suggesting the event may not be as inevitable as once thought. Traditionally, astronomers have predicted that our galaxy would merge with Andromeda within the next 5 billion years, creating a new elliptical galaxy often referred to as "Milkomeda." However, ...
-
US Approves Sale Of 600 Patriot Missiles To Germany
The United States on Thursday announced its approval of a $5 billion sale of up to 600 Patriot missiles and related equipment to Germany, which has donated several of the advanced air defense systems to Ukraine.
