Bengaluru: A special NIA court Monday convicted Mohammed Shariq, the prime accused in 2022 Mangaluru pressure cooker blast case, under Unlawful Activities (Prevention) Act and IPC, handing 10 years’ rigorous imprisonment and imposing a fine of Rs 94,000. Shariq, who pleaded guilty in Dec last year, is currently lodged at Bengaluru Central Prison. On Nov…
Mumbai: Amazon is betting big on its quick commerce business, with plans afoot to take the instant delivery service to 100 cities from three locations now as it plays catch-up with rivals Blinkit, Swiggy Instamart and Zepto, which together hold the bulk of the market share.The development comes a few days after the firm made…
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Mumbai: A man walks past the RBI logo at RBI headquarters in Mumbai. (PTI Photo/Shashank Parade) Mumbai: Banks will have to start setting aside money for possible loan defaults in advance from April 2027, using mathematical models to predict losses instead of waiting for borrowers to actually miss payments, under RBI’s final rules issued on…
The Solana Foundation says it has a plan for dealing with future quantum computing risks, outlining in a new blog post how its developers are already aligned on a potential solution. The foundation said on Monday two of the network’s core developer teams, Anza and Jump Crypto’s Firedancer, have independently landed on the same solution,…
Mumbai: The initial public offer for NSE, the largest stock exchange in India by trading turnover and revenue, got a boost on Monday as the required number of the bourse’s shareholders agreed to part with their holdings for the offer for sale (OFS) to move forward.Monday was the last day for NSE’s existing shareholders to…
Indian and Chinese national flags New Delhi: India and China remain in touch to strengthen cooperation under Brics mechanism, with Beijing endorsing India’s ongoing presidency of group and Indian govt appreciating China’s support for activities hosted by India under the mechanism. Chinese special envoy Zhai Jun, who was here last week for the West Asia…
Mumbai, Apr 27 (ANI): Chairman of Sun Pharma Management Dilip Shanghvi speaks during a press conference at Worli, in Mumbai on Monday. (ANI Photo) New Delhi: In its boldest move yet, Sun Pharma, India’s largest pharma company, has struck the biggest-ever overseas pharma deal, acquiring US-listed Organon & Co for $11.8 billion (Rs 98,000 crore)…
Bengaluru: A logo of the IT major, Bengaluru-headquartered firm, Infosys, in Bengaluru, Karnataka. Mumbai: IT giant Infosys slipped out of the 10 most valued firms in India on Monday. On the other hand, TCS, which was the second most valued company in the country till a few years ago, is now the sixth-most valued company.All…
Vikram Misri (File photo) New Delhi: Foreign secretary Vikram Misri is likely to travel to Nepal next month for what will be the first high-level bilateral visit since the new govt led by PM Balendra Shah assumed office. While Nepalese media reported that the visit could take place on May 11-12, official sources said the…
