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Joe Biden and slew of other world leaders will visit India in the second week of September for the G20 Summit. The main event will be held in the national capital on on September 9-10 and is likely to be attended by 29 heads of states as well as top officials of the European Union and invited guest countries and 14 heads of international organisations. Multiple hotels in the Delhi-NCR have been earmarked for attendees.

Global Capability Centers (GCC), or captive technology facilities of large global lenders and MNCs, such as Citi, Deutsche Bank and T-Systems, are strengthening their Indian presence in their 2.0 avatar after having partially scaled down operations in the country around 10-15 years ago. The global captives had sold a part or even their entire operations to Indian IT companies, mostly during the global financial crisis, to focus on core operations instead. But they now see India as a crucial profit and value-addition centre, helping their global headquarters in finance, supply chain, research and development (R&D) operations, building digital and artificial intelligence (AI) capabilities. Deutsche Bank, which sold their captive to HCLTech in 2004, said its GCC has already onboarded over 2,500 hires so far this year and expects the trend to continue in the similar range for the rest of the year.

Google, Facebook, TikTok and other Big Tech companies operating in Europe are facing one of the most far-reaching efforts to clean up what people encounter online

Gamescom 2023 is currently being held in Germany. Consequently, a new event of Opening Night Live keynote is underway. Geoff Keighley, known for hosting Game Awards and Summer Game Fest is hosting this event. If reports are to be believed, the show will focus on the games that have been announced. It may include ‘Sonic Superstars’, ‘Mortal Combat 1’, ‘Assassins Creed Mirage’, ‘Zaneless Zone Zero’, ‘Cyberpunk 2077: Phantom Liberty’, ‘Call of Duty: Modern Warfare III’. It may also release a trailer for Zack Snyder’s sci-fi film ‘Rebel Moon’.

Heal by India initiative. The plan is to create a pool of nurses and care workers and help India to become the Care Capital of the world, a senior government official told ET. «While the master project is 'Heal in India', 'Heal by India' is the initiative of the ministry of health and family welfare, the ministry of skills development will provide skills training and other necessary requirements for movement of Indian healthcare workers to different parts of the world,» the official said. The National Skills Development Council of India has entered into an agreement with the Indian Nursing Council as well as the health sector skills councils for deploying skilled healthcare professionals and care workers outside India. Besides, the ministry is in talks with its counterparts in Israel, Portugal, Finland and Germany to assess demand for caregivers and will soon come up with customised training modules to meet country-specific requirements. The plan is to tap into the human resource pool of Indian Nursing Council, state governments and private healthcare institutions and provide them with training of international standards to facilitate overseas placement. The ministry is in the process of aggregating demand from destination countries after which it will provide domain related skills training, foreign language proficiency training and other capacity building activities to make them employable overseas.

emerging market anymore," Platen said. “There’s a very strong momentum in India as it welcomes investments, in infrastructure, sustainability and in R&D. Education levels here have changed in the last ten years.

Toto Cutugno, a prominent personality of Italian music, has passed away today at the San Raffaele Hospital in Milan. The renowned singer-songwriter, who recently celebrated his 80th birthday in July, had been under hospital care for several months at the San Raffaele Hospital in Milan. Cutugno's international presence was significant, cementing his status as one of Italy's most beloved performers.

In a crowded Web3 gaming market vying for adoption, a fresh approach suggests that industry players must surpass mere tokenization of Web2 elements.

Northvolt AB raised US$1.2 billion from North American investors including BlackRock Inc. and the Canada Pension Plan Investment Board as the Swedish battery maker is said to be in talks to set up a new factory in Canada.

(Reuters) -Novavax Inc said on Tuesday its updated protein-based COVID-19 vaccine generated an immune response against emerging forms of coronavirus such as the «Eris» subvariant in small studies in animals.

The vice chancellor of Germany has reportedly proposed tightening the screening process for foreign direct investment from China, according to reports from local media outlets. 

reality for thousands of European startups, many of which have had to scale back expansion plans as venture-capital funding plunges following sluggish economic growth and rising interest rates. Improved returns now offered by bonds and other relatively safe investments have drawn many European investors away from riskier, less familiar asset classes such as startups. Venture-capital funding has dropped significantly in the U.S.

AXA IM, which had 2600 employees in total at the end of 2022, said the job cuts were “conditional” and it was currently in discussion with unions in France and Germany.

₹900 crore from the primary market and has filed preliminary papers for its maiden public issue. The Vadodara-based Shiva Pharmachem has filed its Draft Red Herring prospectus (DRHP) with capital market regulator Securities & Exchange Board of India (SEBI) for an initial public offering (IPO). Shiva Pharmachem IPO is entirely an offer for sale (OFS) of up to ₹900 crore by the promoter and promoter group shareholders.

Seven people were left injured when an attraction at Germany’s biggest theme park came tumbling down last week, police said.

EcoSoul Home aims to accelerate the movement towards a sustainable lifestyle by tapping Earth’s most renewable sources. With a diverse range of products in kitchenware, dinnerware and cutlery, the brand claims to drive the 3As of sustainability — awareness, availability and affordability.

DRHP) with capital market regulator Sebi to raise funds through an initial public offering (IPO). The IPO with a face value of ₹2 each is entirely an offer for sale (OFS) of up to ₹900 crore by the promoter and promoter group shareholders. The OFS comprises of sale of shares of up to ₹383 crore by Vishal Rakesh Agrawal, up to ₹383 crore by Rahul Rakesh Agrawal, and up to ₹134 crore by Geetganga Investment Private Limited. The offer is being made through the book building process, wherein not more than 50% of the offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers, 15% for allocation to non-institutional bidders and 35% shall be available for allocation to retail individual bidders. Founded in 1999, Shiva Pharmachem, is led by its founders Rakesh Agrawal, non-executive chairman, Vishal Agrawal, MD, and Rahul Agrawal, non-executive director. As of FY23, it serves over 181 multinational and domestic companies across 22 countries. Its prominent markets include Germany, the US, Switzerland, Italy, and Mexico.JM Financial and Kotak Mahindra Capital are the book running lead managers and Link Intime India is the registrar to the offer.

companies (MNCs) or firms with high foreign holdings have been doling out liberal dividends since the removal of the dividend distribution tax (DDT) in April 2020. Tax experts and market participants said the scrapping of DDT, which results in dividend income getting taxed in the hands of the recipient or the shareholder, has made such payouts a more tax-friendly way of distributing cash for the MNCs. In FY23, the dividend earned by foreign promoters and other overseas investors was nearly ₹1.24 lakh crore compared to ₹53,600 crore in FY20 or ₹53,500 crore in FY19. Till FY20, companies were required to pay Dividend Distribution Tax at an effective rate of 20.56%.

Tesla, the American electric carmaker, Monday in a legal disclosure said two of its former employees were behind a data breach that compromised personal information of over 75,735 people including staff, reported Reuters A total of 75,735 people were affected by the data breach, including nine residents of Maine. The people appear to be current or former employees of the Austin, Texas-based automaker.

Digital asset investment products saw $55 million in outflows for the week of September 13-19, according to a report from CoinShares. 

Women's World Cup kicked off in Australia and New Zealand a month ago with some doubts it could deliver on lofty ambitions. Those concerns eased well before Sunday's final where Spain were crowned first-time champions by beating England 1-0 at a packed Stadium Australia in Sydney. Less than a year after a player revolt tore the Spanish squad apart, La Roja's triumph was only one of the surprises for record crowds and TV audiences through the month-long festival of women's football. Fears the first 32-team Women's World Cup might suffer for its size proved groundless, as did predictions of another processional victory for the United States. Sunday's final was the first without either the U.S. or Germany involved, the four-times champion Americans dumped out of the round-of-16 by Sweden and the Germans exiting before the knockout phase. The U.S.'s exit via penalty shootout ended a dynasty after back-to-back titles in 2015 and 2019. U.S.