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Ericsson's India R&D centers are stepping up focus on network API (application programming interfaces) which allow new and existing industry sectors to utilize the advanced capabilities of telecommunications networks, the company announced. «Today even as service providers are delivering the benefits of 5G to consumers and enterprises, they have an opportunity to transform the network into a platform for innovation by making advanced 5G network capabilities available to the global developer community through open network application programming interfaces (APIs). For example, capabilities such as quality on demand and network slicing can be made available through programmatic interfaces,» the company said. «We are stepping up the work on AI, Gen AI and Network APIs at our R&D Centers in India,» said Andres Vicente, Head of Southeast Asia, Oceania and India.

Akasa Air flight bound for Bengaluru from Delhi received a bomb threat on Wednesday in a series of such threats received by multiple airlines in the last two days. The flight, carrying 174 passengers including seven crew members, is being monitored by the budget-carrier's Emergency Response team and is expected to be diverted to the IGI Airport in Delhi. «Akasa Air flight QP 1335, flying from Delhi to Bengaluru on October 16, 2024, and carrying 174 passengers, 3 infants and 7 crew members on board, received a security alert. The Akasa Air Emergency Response teams are monitoring the situation and have advised the pilot to divert the flight to Indira Gandhi International Airport in Delhi with abundant precaution. The Captain is following all required emergency procedures for a safe landing in Delhi and the estimated time of arrival is approximately 14:00 hrs: Akasa Air Spokesperson,» an airlines spokesperson said. Meanwhile, an IndiGo flight also received a bomb threat on Wednesday, making it the second flight in two days to undergo a security concern. The Mumbai-Delhi was diverted to Ahmedabad where the passengers were disembarked after the flight was isolated, an Indigo spokesperson informed.

Subscribe to enjoy similar stories. The recently concluded elections in Haryana and Jammu and Kashmir came with their usual collection of opinion and exit polls. The election results gave us one more example of how these polls can be at variance with what people actually choose.

Subscribe to enjoy similar stories. As India's economy surges ahead, the banking sector remains a focal point for investors. In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50's impressive 15.6% gain.

Subscribe to enjoy similar stories. Edible oil prices are on the boil again. The ‘oils and fats’ group in India’s consumer price index rose 2.5% year-on-year in September, marking the first increase in nearly two years and adding inflationary pressures at a time when the country is already reeling under the strain of high food prices.

Subscribe to enjoy similar stories. MUMBAI : Faircent, Monexo, Rang De, Finzy, Lendbox (Transactree Technologies Pvt. Ltd) and Financepeer are the six new peer-to-peer (P2P) lending platforms that have received show-cause notices from the Reserve Bank of India (RBI), according to a person aware of the development and a right-to-information (RTI) query.

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As the blockchain and decentralized finance world expands, Ethereum stands out as an attractive investment. This guide helps Indian investors navigate the process of buying Ethereum safely and effectively, unlocking the potential of digital assets.

Disney Star has successfully partnered with eight sponsors for the upcoming season of the Pro Kabaddi League (PKL), enhancing its presence across Linear, Digital, and on-ground platforms. Notable sponsors include Dream11, Shriram Finance, ROFF, Parimatch Sports, HP Lubricants, and Mother Dairy, solidifying PKL's status as one of the leading sporting events in India. The broadcaster generates over Rs 100 crore in ad revenue from the property. With its increasing popularity, this season aims to engage a diverse audience through exciting brand collaborations and a unique mix of sports and entertainment. Fans can anticipate thrilling Kabaddi matches alongside fresh, innovative content designed to elevate the viewing experience.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. dropped 0.29 per cent to Rs 6089.55 at 01:39PM (IST) in Wednesday's trade. The stock hit a high of Rs 6141.1 and low of Rs 6055.3 so far during the session. The stock had closed at Rs 6107.35 in the previous session. The counter had a total traded volume of 01:39PM shares so far with a turnover of Rs 3.51 crore on BSE. The stock traded at a price-to-earnings multiple of 96.49 and a price-to-book ratio of 6.71.

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Subscribe to enjoy similar stories. At the recent Energy Transition Summit, finance minister Nirmala Sitharaman underscored the adverse impact of unilateral and arbitrary policies such as the EU’s Carbon Border Adjustment Mechanism (CBAM) on India’s trade and green-transition pathways, noting that India’s decarbonization journey should be guided by its own development needs and not by the Global North. Sitharaman was referring to the EU’s measure that would impose a charge on imports into the EU of products of aluminium, iron and steel, cement, fertilizers, electricity and hydrogen beginning January 2026.

Subscribe to enjoy similar stories. I am going to get hammered for this. But then, I don’t care.

strong growth visibility, the shares of Aditya Birla Real Estate (ABREL) may go up 30% predicted global brokerage firm Nomura while initiating coverage on the stock with a ‘buy’ rating and a target price of Rs 3,700. Nomura believes that ABREL has all the qualities to rank among top 5 real estate players in India.

terrorism and extremism are unlikely to encourage trade, energy flows, and connectivity, said External Affairs Minister S Jaishankar, while speaking at the Shanghai Cooperation Organisation (SCO) summit, on Wednesday. Speaking against the backdrop of heightened tensions and global challenges, Jaishankar pointed out that terrorism and extremism, particularly along the India-Pakistan borders, continue to hinder progress in trade, energy exchanges, and regional connectivity. «Cooperation must be based on mutual respect, sovereign equality, and it should recognise territorial integrity and sovereignty,» he stated. He also noted the ongoing global conflicts, saying, «We meet at a difficult time in world affairs; two major conflicts underway, each with global repercussions.»

Malaysia Airlines and IndiGo entered a strategic codeshare partnership following the Memorandum of Understanding (MoU) signed in April 2024. The partnership aims to boost connectivity and elevate the traveller experience across its key hubs within Malaysia and India.

Jio's Akash Ambani and Airtel's Sunil Mittal recently voiced concerns about market access for multinational corporations in the presence of Prime Minister Narendra Modi, the report by (Pankaj Doval) said. During the India Mobile Congress, Ambani emphasised the need for the local storage of data and expressed worries about data being moved abroad.

World Bank report has highlighted the persistent gender disparity in employment across South Asia, with women experiencing a significant decline in labor force participation post-marriage, often referred to as a "marriage penalty." In India, female employment rates drop by 12 percentage points after marriage, about one-third of the pre-marital employment level, even in the absence of children. Meanwhile, men gain a 13-percentage-point employment premium upon marriage, although this advantage gradually erodes after five years. “This marriage penalty among women without children persists up to five years after the wedding in India and Maldives,” the report states, attributing the trend to deep-rooted social norms. In addition to the marriage penalty, women also face a “child penalty,” as caregiving responsibilities often push them out of the workforce.

Shipping Corporation of India and Great Eastern Shipping Company rose up to 5% on the BSE today amid reports that the Centre may approve the Coastal Shipping Bill 2024 in today’s Cabinet meeting. The shares of Shipping Corporation surged 4.6% to day’s high of Rs 249.45 while those of Great Eastern Shipping Company went up by 2.5% to Rs 1,312.40 on the BSE.

Bengaluru is facing incessant rain since Monday evening, affecting normal life in the city. Several localities witnessed water-logging and traffic congestion. Many citizens faced difficulties navigating through the city due to the downpour as several roads in Varthur, Hebbal, Kadubeesanahalli, and surrounding areas were water-logged. The India Meteorological Department (IMD) has issued an orange alert for Wednesday and Thursday in the city. Union Minister and JD(S) leader HD Kuamraswamy took to social media platform to blame the Congress government for the poor infrastructure.

Uday Kotak backed Kotak Mahindra Bank’s ambition to be India’s third largest private sector lender could expose it to significant M&A risk given the integration challenges and the weaker RoA of smaller banks, Bernstein Research a part of the Société Générale group has said. The brokerage house also said that given the high growth outperformance ask, inorganic growth would almost be inevitable for Kotak Mahindra to achieve its ‘Top 3’ objective. To emerge as the third most profitable private sector bank, Kotak will need an organic earnings growth which is 7% percentage points higher than Axis which looks unlikely, it said. In a recent interview with The Economic Times, Kotak Mahindra Bank CEO Ashok Vaswani had said that he aspires that the bank would become the third largest private sector bank by profits by 2030.