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Bangalore Watch Company has announced it has successfully tested an Apogee wristwatch in Space in pursuit of what it called producing world-class watches that tell stories from modern India. The prototype watch completed a Stratospheric flight by travelling 114,000 feet (35 kilometers) into the Earth’s atmosphere and returned safely to Earth in full working condition, the company said in a press release. “We launched the Apogee collection in 2021 as a celebration of the Indian space program. Since then, the Apogee has taken the moniker of ‘the Indian space watch’. We didn’t want to stop at creating watches that were merely inspired by Space. We wanted to see if we could build them to be qualified and tested for space”, said Mercy Amalraj, co-founder of Bangalore Watch Company.

KKR is all set to acquire Healthium Medtech ( formerly Sutures India) from its current PE owners Apax Partners for Rs 7000 crore ($840 mn) enterprise value after a hotly contested three way race that also included a consortium of Mankind Pharma — ChrysCapital and Novo Holdings, the controlling shareholders of Danish drug major Novo Nordisk, said people aware. KKR and Apax have signed the binding agreement for the acquisition of Bengaluru based Healthium Medtech and likely to make a formal announcement as early as Monday, the people mentioned above added. Healthium is the largest manufacturer of surgical needles globally by volume. Moneycontrol was the first to report on Saturday that KKR was the highest bidder for Healthium.

₹41,000 in India. This pricing suggests that the new device might be in line with the previous Pixel 7a, which was launched at ₹43,999 for the 128GB storage option. The leak also reveals that the Pixel 8a will likely have a 256GB storage variant priced at $599, translating to about ₹50,000.

Google Word Coach comes in. It's a fun, interactive tool that helps improve your vocabulary. Launched as an interactive feature within Google's search results, Google Word Coach appears when users search for word definitions or translations.

USA Today report, it does not have any official starting day or year. However, citing StarWars.com, the USA Today report has stated that the phrase "May the 4th Be With You" first appeared in 1978, just a year after the release of “Star Wars: Episode IV – A New Hope." But, one of the earliest known uses of the phrase occurred on May 4, 1979, when a writer for a London newspaper congratulated Britain’s new prime minister, Margaret Thatcher, on her first day in office. In a full-page ad, the writer had stated, “May the Fourth Be With You, Maggie.

JSW Neo Energy and Sekura Energy are among five bidders that have made non-binding offers to acquire a controlling stake in Ayana Renewable Power, majority owned by National Investment and Infrastructure Fund (NIIF), according to people aware of the matter. The offers were submitted on April 19. The others in the fray include Masdar, Sembcorp and Macquarie, according to the people cited. The bids were submitted after allowing time to the suitors to conduct a limited due diligence that included access to some data and confidential financial information. As the next step, NIIF will communicate a shortlist of suitors over the next few weeks after which two or at best three will be allowed to conduct detailed due diligence, according to the sources.

With a lot of heavy lifting left to do to address underrepresentation in financial services, a new report offers a valuable glimpse into how players in the asset management industry is tackling the problem.

Indian nationals linked to the murder of Sikh separatist leader Hardeep Singh Nijjar in the province of British Columbia in June 2023. Police added that the probe also includes investigating connections to the Government of India. The following is a timeline of important events that led to the arrests in a murder case that has strained relations between Canada and India. On June 18, 2023, 45-year-old Hardeep Singh Nijjar was shot outside a Sikh temple in Surrey, which is a Vancouver suburb known for its large Sikh population. He was a Canadian citizen who was advocating for the establishment of a separate Sikh homeland to be formed from India.

A study by the nonprofit Brookings Institution says Russian state-affiliated accounts have boosted their use of TikTok and are getting more engagement on the short-form video platform ahead of the U.S. presidential election

Enforcement Directorate (ED) has recovered 268 bitcoins coins worth ₹138 crore from a Haldwani resident whose premises were raided last week on the instance of US authorities investigating his alleged involvement in an international drug trafficking group. ET arrested Parvinder Singh last week after it raided his residence in Haldwani, Uttarakhand. ET had reported on April 27 that in a rare instance, ED, while teaming up with the US authorities, carried out a search in Haldwani to assist the US sleuths unravel Singh's involvement in an international drug racket. After Singh's arrest, Parvinder was remanded to ED's custody till May 4. His interrogation led to the recovery of 268 bitcoins worth ₹138 crore, said a senior official on the condition of anonymity.

Invictus Games, which was initially set up by Prince Harry in 2014, claiming the event has “lost its original meaning", several reports suggested. The games were supposed to a route help support wounded, injured and sick service personnel and veterans.

Telecommunications company Vodafone is taking steps to leverage SIM card technology  in order to meet the expected surge in demand for crypto transactions on mobile phones. 

ANI. She said that this is a matter of investigation. "It is an old habit of the Prime Minister to take credit for any work.

At a court and general meeting held on Thursday (2 May), almost 95% of shareholders voted in favour of the combination between the two trusts. The merger will create the UK's fourth largest REIT with a combined £3.9bn market capitalisation. As the combination has been approved, UKCM will stop dealing and register to transfer its shares on 15 May 2024, with the suspension effective from 16 May, the same day of the court hearing to sanction the scheme. UK Commercial Property extends Tritax Big Box deadline to formalise takeover offer If approved, UKCM will cancel its listing, while n...

«After eight years at Sarasin & Partners in several senior roles, Jerry Thomas has decided to move on to pursue challenges outside the business. He leaves with our best wishes for the future,» a spokesperson said.  He currently co-manages the Sarasin Responsible Global Equity, Thematic Global Equity, Global Dividend, IE Global Equity Opportunities and JSS Sustainable Equity — Global Thematic funds. Sarasin & Partners names head of investment strategy in leadership team shake-up Thomas joined the firm in 2016 from Allianz Global Investors, where he spent 12 years as a UK, European a...

The IA found UK investors returned to the fund markets in March adding £446m, the first inflows since April 2023. The change in sentiment followed heavy capital outflows recorded in January and February of £1.1bn and £2.7bn, respectively.  JPMorgan CEO Jamie Dimon 'cautious' on US soft landing The best-selling IA sector in March was the Global sector, with inflows reaching £842m, while North America gathered £469m. The IA said due to the aforementioned supremacy of the Magnificent Seven stocks, advisers and wealth managers were opting for US companies if they re-allocate into equit...

The government is today facing a barrage of criticism from green groups and politicians, after the High Court ruled for a second time that its net zero strategy was insufficiently detailed and as such is unlawful under the Climate Change Act. In a written judgement, Judge Clive Sheldon upheld the bulk of the case brought by campaign groups ClientEarth, Friends of the Earth, and the Good Law Project. Unlawful: High Court rules UK's climate plan is in breach of Climate Change Act The court ruled the government's Carbon Budget Delivery Plan — which was published last year in respons...

crypto asset market progresses, India finds itself at a pivotal juncture. There’s an opportunity to chart a course that delicately balances innovation in this nascent but super exciting sector, together with risk management, while drawing invaluable insights from the regulatory experiences of other nations. At the recent G20 Summit, India emerged as a leading advocate for standardizing regulatory frameworks for crypto assets on a global scale, championing international collaboration to address the inherently cross-border nature of crypto assets and the imperative to mitigate the macro-financial implications associated with them. Countries worldwide are making significant strides. Markets in Crypto-assets (MiCA), the EU-wide regulation, will come into effect this year. MiCA, once put into action, will have a broad scope of application within the crypto asset ecosystem. Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa, and South Asia (MEASA) region, enacted the world’s first Digital Assets Law. The UK government, which has a stated goal of being a global leader in Web3, has confirmed plans to regulate crypto assets through formal legislation in 2024 (It has said it intends to bring many crypto asset activities under the same regulations that govern banks and other financial services firms).

The portfolio allocation changes will target six Coutts portfolios, with combined assets under management of £9.8bn split across 62% equities and 38% bonds. Broker Peel Hunt has estimated that the largest asset transfers will affect the Ambitious and Balanced funds, with £928m and £612m pulled out of UK stocks respectively. The Managed Equity portfolio will also face high levels of UK divestment, with £227m worth of outflows, while the Adventurous fund, Coutts' highest risk strategy with 90% invested in equities, is expected to recalibrate £89m away from the market.  UK investors a...

Rishi Sunak. Labour seized the constituency of Blackpool South, in the northwest of England, in the latest by-election defeat for the Tories as it appears on course to lose an upcoming general election.

Asian stocks rallied on Friday after Apple's record $110 billion share buyback plan lifted the tech sector, while the yen put more distance from recent 34-year lows to cap a tumultuous week that saw suspected interventions from Tokyo. With markets in Japan and mainland China closed on Friday, regional trading activity is likely to be subdued as traders look ahead to the U.S. nonfarm payrolls data later in the day.