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In Short Maharashtra Police charge REL chairperson Rashmi Saluja and others with cheating and conspiracy based on ED complaint. The charges are linked to the Burman family’s attempt to acquire a majority stake in Religare. ED alleges that REL executives orchestrated a false complaint to block the Burman takeover. The dispute highlights the high-stakes battle … Read more
Recently, Bollywood sensation John Abraham and celebrated Indian field hockey player P.R. Sreejesh have been in the news as regards their new car choices, having opted for models from leading Indian vehicle manufacturers. While John Abraham has purchased the Mahindra XUV 3XO, a stylish subcompact SUV, as a gift for his father, P.R. Sreejesh has … Read more
In Short · Event Name & Timing: Apple’s Glowtime event is set for tonight, with live streaming starting at 10:30 PM IST, featuring the iPhone 16 series launch · AI-Powered Siri: Apple is introducing “Apple Intelligence,” an advanced AI system integrated into iPhone 16, enhancing Siri’s capabilities · iPhone 16 Features: The iPhone 16 Pro … Read more
In Short Sensex plunges 900 points; Nifty50 drops over 1%. Market jitters linked to the upcoming US non-farm payrolls report. Concerns over India’s valuation in the MSCI Emerging Markets Index. Broad-based decline across all sectors, led by heavyweights like Reliance and SBI. Oil prices steady; Indian rupee appreciates slightly against the US dollar. Market Mayhem … Read more
In Short Vodafone Idea share price dropped over 11% after Goldman Sachs predicts 83% downside. Goldman Sachs sees limited growth, weaker margins, and a fragile balance sheet for Vodafone Idea. The company needs to significantly increase ARPU to maintain neutral cash flow. Vodafone Idea reported a net loss of ₹6,432.1 crore in Q1 FY25. High … Read more
With AI continuously revolutionizing industries across the world, there has been an increased chatter over its implications on jobs. It is amidst such conversations that the CEO of Infosys, Salil Parekh, recently lent some reassuring insights into the role AI will play, more specifically GenAI, in the future at the company. Speaking to the media, … Read more