Aware Financial News

mobile phones, without a data connection, on the lines of direct-to-home (DTH). Termed D2M (direct-to-mobile), the technology will allow mobile phone users to watch TV on their devices akin to watching TV through a cable or DTH connection. The Department of Telecommunications (DoT), Ministry of Information and Broadcasting (MIB) as well as IIT-Kanpur are working on the details, government officials aware of the matter said.

government is likely to have removed over-the-top (OTT) players, or apps, from the definition of telecommunication services in the telecom bill, giving huge relief to communication service providers such as WhatsApp and Telegram who will thus remain out of telecom regulation. Further, officials aware of the details told ET that the government has proposed administrative allocation of spectrum for satellite services, as part of the bill, a move that will be a major victory for satcom companies like Elon Musk's Starlink, Bharti Group-backed OneWeb and Amazon, and deal a setback to the likes of Reliance Jio and Vodafone Idea who were pushing for those airwaves to be auctioned.

Avoid excessive movement in outdoor activities. Be aware that interfering with anyone's personal life can only be an insult to you. This time is to pass more patiently and peacefully.Be careful when dealing with new parties and new people in business.Husband and wife will keep in touch with each other.You need to rest to avoid physical weakness and fatigue.

Disclaimer: The text below is an advertorial article that is not part of  Cryptonews.com  editorial content.

World Trade Organization estimates that as of mid-July, 45 of the 104 restrictions on exports of food, feed and fertilizer that were introduced in the months after the invasion of Ukraine had been removed. It estimates that the remaining bans cover $24.5 billion of traded goods. “We must take care to avoid vicious circles of supply availability concerns leading to more export restrictions and higher prices," said Ngozi Okonjo-Iweala, the WTO’s director-general.

Noida reportedly experienced a free fall on Thursday, resulting in the demise of Sushila Devi, who was reportedly alone in the lift at the time. As per a ToI report, Sushila Devi, a resident of the eighth floor, had entered the lift around 4 pm with the intention of reaching the ground floor. Regrettably, the lift malfunctioned, leading to a catastrophic wire snap and subsequent free fall.

Read More)Adani Group will invest $4 billion-$5 billion to expand its cement capacity to over 100 million tonnes in two years, two people aware of the matter said, on a day the conglomerate made yet another acquisition.On Thursday, Ambuja Cements Ltd, part of Adani Cement, announced the purchase of 57% promoter stake in cement maker Sanghi Industries Ltd at an enterprise value of ₹5,000 crore.“Adani will add around 30 million tonne per annum (mtpa) cement making capacity in two years, both via organic and brownfield acquisitions, for which $4-5 billion could be invested, which will be funded mostly through internal accruals," one of the two people cited above said on condition of anonymity. (Read More)Bharti Airtel released its financial results for the first quarter of fiscal year 2023-24 (Q1FY24) on August 3, showing a net profit of ₹1,612 crore.

Cipla’, according to a report published by Economic Times. With this, the eventual exit process of the Hamied family from the company started in 1935, will be formally started. Moneycontrol earlier reported that Cipla's top shareholders are in talks to sell around 33.47% of their stake in the company to private equity players including Blackstone and Baring Asia.

With the clock ticking on binding bids at BHP’s Blackwater and Daunia coal mines in Queensland, one suitor for the mega assets is facing opposition from its shareholders in what could be a windfall for rival bidders.

MUMBAI Bank of Maharashtra is likely to raise up to 1,000 crore worth of funds through the issuance of tier-2 bonds next week, strengthening its operational finances after having concluded an equity sale to select bulk investors two months ago, reports Bhaskar Dutta. “They are looking at a base issue of 200 crore and a greenshoe option of 800 crore.

Indian startups with externalized structures to list on the domestic markets, said two people aware of the development. Nasscom’s move is significant, given that over 16% of Indian-origin startups are not eligible to access the local markets due to their externalized structures. According to existing rules, only domestically incorporated firms are permitted for listing in India.

₹10 trillion capex announced in the budget. ₹2,000 crore:That’s the amount of late submission fee the Reserve Bank of India (RBI) has slapped on ONGC Videsh Ltd, Indian Oil Corp. Ltd, GAIL (India) Ltd, and Oil India Ltd for delayed reporting of their overseas investments, Mintreported.

MUMBAI : Adani Group will invest $4 billion-$5 billion to expand its cement capacity to over 100 million tonnes in two years, two people aware of the matter said, on a day the conglomerate made yet another acquisition. On Thursday, Ambuja Cements Ltd, part of Adani Cement, announced the purchase of 57% promoter stake in cement maker Sanghi Industries Ltd at an enterprise value of ₹5,000 crore.

NEW DELHI : The government will put up over 12 offshore mineral-bearing areas for auction to the private sector before the end of 2023, an official aware of the plans said. The Geographical Survey of India has estimated 79 million tonnes of heavy minerals lying untapped off the country’s 7,517-km long coastline.

MUMBAI : KKR & Co. is weighing a bid for Cliantha Research, the clinical research organization (CRO) owned by Pankaj Patel and family, the promoters of Zydus Lifesciences Ltd, two people familiar with the development said. The asking price for the asset is said to be in the range of $200 million, Mint reported in May.

The Minnesota Supreme Court has ruled that the state's Pollution Control Agency was wrong to issue permits for a long-contested copper-nickel mine

Some of the largest U.S. fashion brands and retailers have made their way into the adaptive-wear market

German Ambassador in connection with the case of Indian baby girl Ariha Shah who has been placed in foster care in Germany since September 2021 over allegations of parental abuse, reported news agency ANI. Marking this as a violation of the girl’s cultural and fundamental rights, MEA spokesperson Arindam Bagchi said, «We are giving high priority to this case… We have called the German Ambassador this week regarding this. We've asked the German authorities to bring back the child at the earliest.

In an advancing world of empowerment talk and increased awareness of personal rights, conversation around one topic has stayed largely hushed, restricted to admissions within close family at most: Sexual harassment at the workplace. Even if little is apparent amid cubicles and cafeterias, the murky truth thrives beneath a shroud of silence. A 2022 report by the International Labour Organization revealed that more than one in five people employed—almost 23%—had experienced violence and harassment at work globally, physical, psychological or sexual.

data protection bill will compel companies to review their current ways of working, make investments in new processes and sensitise workforce in handling of personal data, experts said on Thursday. The bill was introduced in Parliament on Thursday.

LiveMint, “The moment we have been waiting for the past few years has finally arrived! The much-anticipated privacy bill (referred to as Digital Personal Data Protection Bill, 2023), was tabled in the Parliament on Thursday, August 3rd, 2023. Once enacted, it will enable individuals (referred to as Data Principals) to govern their own personal (digital) data and will drive enterprises (referred to as Data Fiduciary) to process the personal data of individuals lawfully, for specific purposes only.