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aerospace major Pratt & Whitney on Wednesday announced the establishment of a new Customer Service Centre (CSS) in Bengaluru. As part of the company's India Capability Centre, the new facility will drive customer service and operations support for Pratt & Whitney Canada's 68,000 engines in service globally, the company said. Co-located with Pratt & Whitney's supply chain operations, engineering, and digital transformation centres of excellence in India, CSS will deliver a range of services such as MRO support, spare part management, engine leasing, engine reliability analysis and contract administration. The facility will employ over 150 aerospace experts and engineers who will support a global customer service ecosystem, it added.

A London judge who found that an Australian computer scientist falsely claimed to be the mysterious creator of the bitcoin cryptocurrency says he will refer the case to British prosecutors for possible perjury charges

budget in February said that improving the social and economic conditions of women was a priority area of the government. Experts say the full budget should take more steps in this area and announce measures to further this cause. Aparajita Bharti, Co-founder at TQH Consulting, a public policy consulting firm, says the idea should be to focus on programmes that tap into the potential for entrepreneurial ventures through credit opportunities, financial literacy and skill development. There is a need for a concerted focus on schemes and announcements that create enabling infrastructure like public toilets, working women’s hostels and creches for women; reduce and redistribute their unpaid care burden and improve last-mile connectivity; engender digital and financial literacy and skills for the future of work; and provide incentives for companies to hire and advance women in the workplace.

Ola Electric is expected to launch its public offering for subscription in the next few weeks at a discounted valuation of around $4 billion, a decrease of about a fourth from its last private funding round, multiple people aware of the details said. In September 2023, Ola Electric had snagged a value of $5.4 billion when it raised $140 million in a round led by Singapore's Temasek. The proposed listing will be among the largest new-economy IPOs this year, signalling a revival of public market debuts by technology-first companies. Ecommerce firm FirstCry is gearing up to launch its IPO soon while Swiggy has confidentially filed its draft papers with the markets regulator.

India's e-mobility R&D roadmap has suggested an Aadhaar number for batteries to keep a digital record of its material composition, usage history and end of life management as part of efforts to streamline the recycling process. The suggestion is part of the eMobility R&D Roadmap for India, released by Principal Scientific Adviser to the government Prof A K Sood, that lists out 34 research projects to become self-reliant and emerge as a global leader in providing innovative mobility solutions. «This roadmap aims to fill critical gaps in the current research and development framework. While many identified projects are yet to achieve global success, some areas already demonstrate significant international accomplishments where India is yet to commence preparations,» said Prof Karthick Athmanathan, a member of the Consultative Group of e-Mobility Advisory Committee. The roadmap has listed 34 projects for research and development across four broad areas — energy storage cells, EV aggregates, materials and recycling, charging and refueling.

Laptop in checked luggage caused smoke, evacuation of plane at SFO, local KTVU Fox 2 reports. Credit: Jan Jankai via Storyful

The market for tokenized US Treasuries is poised for significant growth, with projections indicating it could surpass $3 billion by the end of 2024.

Sacred Rest: Recover Your Life, Renew Your Energy, Restore Your Sanity spoke about seven types of rest that a person needs for complete restoration of one’s overall health. These are physical rest along with mental, spiritual, emotional, social, creative and sensory rest. If you constantly feel tired even after getting in your eight hours of sleep, three litres of water, and 30 minutes of exercise, you aren’t the only one.

Fraud Risk Management in commercial banks including regional rural banks and all India financial institutions. The RBI said in a circular dated July 16, 2024, “These master directions have been prepared based on a comprehensive review of the earlier Master Directions, circular and emerging issues. These Master Directions are principle-based and strengthen the role of the Board in overall governance and oversight of fraud risk management in the Regulated Entities (REs).” The Reserve Bank of India issued three revised Master Directions on Fraud Risk Management for the Regulated Entities, namely for:

Countries around the world are looking for ways in which to address the challenge of competition in the digital world. In America, there are a number of bills before the US Congress seeking to provide legislative avenues through which this problem can be tackled. Both the US Department of Justice and the Federal Trade Commission have initiated a number of high profile antitrust lawsuits against Big Tech companies.

₹92 crore ($11 million) in a pre-Series A funding round—that gave the company a post money valuation of $55 million—led by early-stage investors such as Blume Ventures, and Antler. Google also participated in the round. The latest fundraise marks the company's first external capital raise since its inception in November 2022.

SpacePay (SPY) is changing how we use currencies for daily transactions, creating a way for crypto to be used for payment in a fast, cost-effective, and simple manner.

The net profit for Q1FY25 stood at Rs 313 crore as against Rs 332 crore reported by the company in the corresponding period of the last financial year.

asset managers hoping to launch exchange-traded funds tied to the spot price of ether to begin trading next Tuesday, three industry sources said. The approval hinges on applicants submitting final offering documents to regulators before the end of this week, the sources said. One said that all eight are expected to launch simultaneously.

Budget 2024 Expectations Live Updates: As the Union Budget 2024 approaches, various sectors are abuzz with expectations for significant policy shifts and financial allocations. The real estate industry hopes for renewed tax reliefs and infrastructure investments, while the financial sector looks forward to grants for Bank Mitras.

Samsung, in January this year, brought along Galaxy AI—a suite of features that add AI across voice calls, audio recording, photography, general web browsing and more. And, in the past two months, China-headquartered Oppo and Xiaomi have also made moves to bring similar AI features to their phones, too.

Digital Wallet, meant to give 10,000 baht (about $275) to 50 million citizens in digital money to spend at local businesses.Prime Minister Srettha Thavisin posted on the social platform X, saying the registration will begin Aug. 1 and that he has given instructions to ensure the smooth implementation of the program.

Around three months after the president of its annuity business announced plans to retire at the end of the year, Nationwide has found a suitable successor to the role.

sequel to Twister has finally arrived, and viewers are keen to know where to catch Twisters online. Nearly three decades after the original blockbuster, which raked in a staggering $495 million, the franchise returns with a fresh installment. Headlined by Daisy Edgar-Jones and Glen Powell, alongside Anthony Ramos, Brandon Perea, and David Corenswet, the film plunges audiences into the heart of Oklahoma's storm-chasing adventure.

Will Smith's return to the silver screen alongside Martin Lawrence in Sony’s Bad Boys: Ride or Die has been a notable success. The fourth installment in the beloved action-comedy franchise has made significant waves in theaters for over a month and a half, drawing impressive numbers during a slow summer season. As the theatrical run winds down, a highly anticipated digital release date has been announced.