Indonesia Financial News

smothering her son in a Goa service apartment and attempting to transport his body to Bengaluru. She has been booked by the Calangute police under Indian Penal Code (IPC) sections 302 (murder) and 201 (destruction of evidence), and also under the Goa Children's Act. Suchana Seth is the Chief Executive Officer of a startup called ‘Mindful AI Lab’.

Adani Power, Jindal Power and Vedanta Ltd are among a dozen companies that have expressed interest in acquiring IL&FS Tamil Nadu Power Corporation (ITPCL), one of the biggest assets under the IL&FS portfolio with debt of nearly Rs 10,000 crore. IL&FS, as part of its resolution process, had recently invited expressions of interest (EoIs) to acquire a 92% stake in ITPCL held by IL&FS Energy Development Company (80%) and the group holding company (12%). This asset has two coal-based power plants with 1,200 MW capacity in Cuddalore with the potential to add nearly 2,000 MW more, a captive jetty adjacent to the plant, and a captive coal mine in Indonesia. Adani Power and Jindal Power are also competing against each other for Lanco Amarkantak, which has two units of 300 MW operational and two units of 600 MW under construction. Vedanta Ltd had last year acquired a 1,000 MW coal-based thermal power plant for ?1,440 crore under the Insolvency and Bankruptcy Code (IBC). Spokespersons of Adani, Vedanta and Jindal Power did not immediately respond to requests for comment. Other bidders for ITPCL include some non-banking financial companies (NBFCs), alternative investment funds (AIFs) and power companies. An IL&FS spokesperson said assessment of bidder eligibility is in progress.

pran pratishtha, or consecration ceremony, is being seen as yet another tentpole event that could lead to a near fivefold jump in viewership compared to a regular day. “The Ram temple inauguration stands as a key attraction for the Hindi belt audience, making it increasingly significant for Hindi news channels to cover updates on the happenings in Ayodhya.

no proposal as of now to remove export restrictions on wheat, rice, and sugar. And India will not import wheat and sugar," Piyush Goyal told reporters.

Suchana Seth, the AI start up CEO accused of killing her four-year-old child, on Saturday told Goa police she had not allowed him to meet their child for the past five Sundays. Venkat Raman arrived at Calangute police station in the afternoon from Bengaluru to record his statement as part of the probe.

Indonesian President Joko Widodo has visited Vietnamese automaker VinFast’s factory and said that he would create the necessary conditions for the multinational to be able to build a plant and invest in Indonesia quickly

Indonesia and Vietnam agreed to cooperate on fisheries on Friday as Indonesian President Joko Widodo met Vietnam’s President Vo Van Thuong on Friday

The Indonesian government has recently ordered the closure of ten Bitcoin mining companies located all around the nation as part of a big crackdown on criminal activities including cryptocurrency mining. After conducting a comprehensive investigation into these activities, which found that they were operating without the requisite licenses and permissions, this action was taken. One thousand three hundred and fourteen Bitcoin mining rigs were taken into custody as a result of the searches that took place in Medan, which is located in North Sumatra. It has been stated that these illicit mining operations entailed the theft of energy. The suspects are said to have reached into utility poles operated by the state-owned electricity firm PLN in order to steal electricity.

German software giant SAP will pay more than $220 million in fines to resolve U.S. bribery allegations involving payments to foreign government officials

Moneycontrol report. “Unfortunately, owing to local market conditions, we can no longer continue to serve users of Resso in India. We have therefore decided to shut down Resso and its associated operations on January 31.

Stephen Harrison, a British actor based in Thailand, has publicly apologized for his involvement in the  HyperVerse cryptocurrency scandal .

Bengaluru CEO Suchana Seth Case: In the Suchana Seth case, the ongoing investigation has revealed that a heavy traffic jam resulting from an accident near the Goa border played a crucial role in guiding the police to this Bengaluru woman, who is now facing charges for the death of her child at a service apartment in Goa’s Candolim. The Twist of Fate at Chorla Ghat Stranded for four hours at Chorla Ghat, where the borders of Goa, Karnataka, and Maharashtra intersect, Seth's arrest was made possible due to the delay. Authorities believe that had she reached Bengaluru, recovering the child's body might have posed significant challenges. Custody Battle Reports indicate that Suchana Seth allegedly killed her son over an ongoing custody battle with her estranged husband, Venkat Raman.

BabyBus, US Federal Communications Commission (FCC) commissioner Brendan Carr told ET. The chief of FCC – an independent agency of the US government that regulates communications by radio, television, wire, satellite, and cable across the nation – also said he found the work India is doing to provide access to the internet and telecommunication services to every citizen “very admirable”.

(Reuters) -SAP, the German software company, agreed to pay about $222 million to resolve two investigations into bribery schemes in seven countries, U.S. authorities said on Wednesday.

The World Economic Forum says false and misleading information supercharged with cutting-edge artificial intelligence is the top immediate risk to the global economy

India Inc is likely to see a median pay hike of 9.7% in 2024, compared to 9.5% last year, said the survey, as companies try to balance a focus on cost management with a strong emphasis on retention of critical talent.

Vietnamese automaker VinFast plans to spend up to $2 billion to build an electric vehicle factory in India, the world's third-largest auto market by sales

Few people thought much about “plugs” that seal unused exits on planes until one of them failed and blew a hole in an Alaska Airlines jet

Germany is facing a dearth of skilled nursing staff as there are not enough qualified nurses available to meet the high level of demand. Experts anticipate that approximately another 500,000 nurses will be needed by the year 2030. Moreover, the scarcity is expected to exacerbate in the medium and long term due to demographic shifts. The Triple Win Programme was established in 2013 by the German Federal Employment Agency's International Placement Services (ZAV) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH for the migration of qualified nurses with German companies. Think you check all the immigration boxes? Find out The project facilitates migration of healthcare personnel from India (specifically from Kerala), Indonesia, the Philippines, Bosnia and Herzegovina and Tunisia. The collaborative efforts of the Federal Employment Agency and GIZ involve the placement of skilled nurses from overseas to work in Germany. The program operates under an agreement between the German Federal Employment Agency (BA) and Norka Roots, focusing on the selection and placement of nursing professionals.

₹1,149.00 apiece on the BSE. The fall in Godrej Consumer shares comes after the FMCG company said it expects to see a low-single-digit sales decline in rupee terms at a consolidated level during the quarter ended December 31. In its Q3FY24 business update, Godrej Consumer Products said the operating environment in India continues to remain similar to Q2 and its organic business delivered steady underlying volume growth of mid-single digit.

South Korea’s leading crypto exchange Upbit’s subsidiary Upbit Singapore announced that it has received a Major Payment Institution License from the Monetary Authority of Singapore.