A Korean Air flight travelling from Incheon International Airport in South Korea to Taichung International Airport in Taiwan was forced to U-turn and make an emergency landing after the plane dropped around 27,000 feet in the air within just minutes, Independent reported. Nearly 50 minutes into the journey, the Boeing 737 Max 8 plane started losing altitude...
Reliance Jio, Bharti Airtel and Vodafone Idea began submitting bids on June 25 for the latest round of the 5G spectrum auction. The Indian government is selling airwaves worth Rs 96,317.65 crore. “To augment existing telecom services and maintain continuity of services, the government will hold the spectrum auction on Tuesday, 25 June 2024. This is...
Billionaire Elon Musk is believed to have a third child with an executive of his company Neuralink, named Shivon Zilis, as per the media reports. The mother of the child born earlier this year, Zilis, is Director of Special Projects at Neuralink. Earlier, Musk had twin sons named Strider and Azure, with Zilis in November...
Capital markets regulator SEBI (Securities and Exchange Board of India) has given its approval for the initial public offering (IPO) of the country’s largest electric two-wheeler maker Ola Electric. This would be the first by an EV startup in India and amongst the biggest new-age IPOs in 2024. CNBC-TV18 had reported on June 11 that the Bengaluru-based...
Tata Motors announced on Wednesday that it will increase the price of its commercial vehicles from 1st July 2024, up to 2%, the automaker said in an exchange filing. This decision comes in response to escalating commodity prices, aiming to mitigate their impact. The price adjustment will affect the entire spectrum of commercial vehicles offered by...
Adani Ports & Special Economic Zone (APSEZ) reportedly got a key environmental and coastal regulation zone approval to more than double the capacity of Mundra port at an investment of ₹45,000 crore. APSEZ applied to Ministry of Environment’s Expert Appraisal Committee (EAC) seeking permission to raise the capacity at the port, Economic Times reported. “EAC, after...
India ranks sixth globally for its employment outlook for September quarter 2024, with 30 per cent of businesses planning to increase their staff over the next three months, according to a global survey by workforce solutions company ManpowerGroup. India’s Net Employment Outlook (NEO), calculated by subtracting employers planning reductions versus those planning to hire, stood...
Indian benchmark equity indices, Sensex and Nifty50, opened with fresh record highs onMonday, led by index heavyweight Reliance Industries and banking stocks.The BSE Sensex was trading 321 points, or 0.42%, higher at 77,014. The Nifty50 was up 110 points, or0.47%, trading at 23,400 around 9:19 am. This is the first time that Sensex hashit the...
American tech billionaire Elon Musk on Friday said he is looking forward to his companies doing “exciting work” in India as he congratulated Prime Minister Narendra Modi on his historic election victory. Modi will be administered the oath of office on June 9, his third consecutive term as Prime Minister. Congratulations @narendramodi on your victory...
The two key equity benchmarks, Sensex and Nifty, on Friday extended their rally into a third day after the RBI kept the repo rate unchanged at 6.5 per cent. While all the NDA members formally accepted and appointed Narendra Modi as the leader of the alliance and backed his candidature for the Prime Minister’s post...