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Wipro: The IT services giant on Wednesday disclosed a new deal with US chipmaker, Intel Foundry. The deal with the chip development division of Intel will see Wipro engineers work on Intel’s latest ‘18A’ chip node that will be used in cutting-edge consumer electronics devices next year onward. In an exchange filing, Wipro said the deal will cater to chip designs for clients across automotive, industrial and telecommunications verticals, and be used for “generative AI-driven designs".

Twitter, has confirmed its compliance with executive orders issued by the Indian government demanding the suspension of specific accounts and posts, which are allegedly associated with the ongoing farmers' protest. Despite taking action to withhold the identified accounts and posts within India, X has expressed its disagreement with the government's directives, emphasizing its commitment to freedom of expression. As per the official Global Government Affairs account of X, the platform is acting under potential threat of significant fines and imprisonment. However, in a move to challenge the government’s demands, X has filed a writ appeal, which is currently pending. «The Indian government has issued executive orders requiring X to act on specific accounts and posts, subject to potential penalties including significant fines and imprisonment. In compliance with the orders, we will withhold these accounts and posts in India alone; however, we disagree with these actions and maintain that freedom of expression should extend to these posts. Consistent with our position, a writ appeal challenging the Indian government’s blocking orders remains pending. We have also provided the impacted users with notice of these actions in accordance with our policies,» Global Government Affairs tweeted.

Streaming service FuboTV has filed an antitrust lawsuit against ESPN, Fox, Warner Bros

The German government says Europe’s largest economy is in “troubled waters.”

MUMBAI : Lunolux Ltd, the promoter of Eureka Forbes Ltd, will sell up to a 12% stake in the household appliances maker for $138.6 million ( ₹1,148.7crore) through a block deal on Thursday, people with knowledge of the deal said. Advent International had bought a majority stake in Eureka Forbes from Shapoorji Pallonji Group for ₹4,400 crore in 2021. Lunolux is an entity held by Advent International.

ALSO READ: DRS at fault? England skipper Ben Stokes says, ‘If the ball's hitting the stumps…’ "We've got to keep on giving him confidence and block out a lot of the external noise and keep him present and focused on what he's trying to achieve, and I'm sure Jonny will come good," he added. Root, who has scored 11,493 runs in 138 Tests with 30 centuries, is also under the scanner. "It's Joe Root, crikey," said McCullum as he batted away criticism of the former captain's lean spell.

MUMBAI : Lunolux Ltd, the promoter of Eureka Forbes Ltd, will sell a 22% stake in the household appliances maker for $254 million ( ₹2,106 crore) through a block deal on Thursday, people with knowledge of the deal said. Advent International had bought a majority stake in Eureka Forbes from Shapoorji Pallonji Group for ₹4,400 crore in 2021. Lunolux is an entity held by Advent International.

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By Jeff Mason

Campus Activewear, a prominent sports and athleisure footwear company in India, saw its shares jump 12.6% in today's intraday trade, reaching ₹275.80 apiece. This uptick in shares came after 40,65,000 shares of the company changed hands in a block deal window on Wednesday with an average price of ₹245 apiece. The buyers and sellers, however, were not known immediately.

Jindal Steel & Power share price gained more than 3% in intraday trades on Wednesday. The Jindal Steel share price that is up almost 32% since 1st November and also scaled 52-week highs in February itself. Jindal Steel had impressed with the December quarter performance as its net profits more than doubled over the year-ago quarter.

₹10,000 for people not allowing emergency vehicles like fire trucks and ambulances to pass through amid heavy traffic jams in the city. DCP (traffic) Virender Vij said a zonal officer of Gurugram traffic police will also make video recordings of the incident. Offenders who do not give way to vehicles of emergency services such as ambulances and the fire brigade will get online challans without any delay, the DCP said.

ceasefire in Gaza amid the Israel-Hamas conflict, Reuters reported. The resolution, put forward by Algeria, sought an immediate humanitarian ceasefire, while the US has pressed for a temporary ceasefire tied to the release of hostages held by Hamas.

Stellaris Venture Partners anticipates a significant uptick in deal activity within generative artificial intelligence (genAI) and sustainability, and has strategically integrated the emerging opportunities into its investment mandate, Rahul Chowdhri, partner, Stellaris Venture, said. The venture capital (VC) firm, which had raised its $225 million second fund in 2021, has backed software-as-a-service (SaaS), business-to- business (B2B) marketplaces, and consumer firms from the fund. “In the last two years, we have added gen AI and sustainability to our investment focus for fund II," said Chowdhri.

₹80.23 crore in FY23, rising from ₹73.85 crore a year earlier. It reported a loss of ₹30.55 crore in FY23, from a net profit of ₹28.46 crore in FY22. The legal battle between EIH and the Himachal Pradesh government over the heritage property in Shimla began 20 years ago.

Manohar Lal Khattar government in Haryana on Tuesday extended the temporary ban on mobile internet and bulk SMS services in seven districts of the state till Wednesday i.e. February 21 in the wake of farmers' 'Delhi Chalo' agitation.

Israel hit Gaza with air strikes on Tuesday as world powers grappled with how to broker a ceasefire ahead of a UN Security Council vote that was expected to be blocked by a US veto. A total of 103 Palestinians were killed in the past 24 hours of Israeli strikes and ground combat in the besieged Hamas-ruled territory, its health ministry said.

Julian Assange will make one last attempt to block his extradition to the US, where he faces decades in prison over spying charges in the long-running battle that's spanned more than a decade. The WikiLeaks founder asked a London judge for permission to appeal the UK's 2022 decision to extradite him to the US where he's charged with criminal espionage for leaking classified documents. His lawyers argue that sending him to the US would breach his human rights while other supporters say it would be an attack on free speech.

Indian farmers who have been protesting for a week to demand guaranteed crop prices have rejected a proposal from the government, and say they will continue their march to New Delhi

Polish farmers have blocked border crossings with Ukraine as they intensify nationwide protest against the import of Ukrainian foods and European Union environmental policies

Yum Restaurants India is likely to exit quick service restaurant major Devyani International by selling a 4.4% stake through a block deal on Wednesday, according to news reports. Through the sale, Yum Restaurants plans to raise around Rs 815 crore, reports said.