Electronic Financial News

Automotive technology firm Pricol Ltd on Wednesday announced a partnership with China-based Heilongjiang Tianyouwei Electronics for Driver Information System (DIS), including e-cockpit, heads up display, for vehicle segments. The company said it has entered into a co-operation agreement for technology and supply of parts and systems with the overseas firm, which will support it exclusively on the projects identified for such collaboration.

₹15,920 crore, up by 24% versus the previous year. To be sure, countries such as the US, Russia, and France would capitalize on this sort of an opportunity the most and are likely to increase their share of defence exports compared to India, said Amit Anwani, an analyst at Prabhudas Lilladher. This is because India still accounts for a negligible portion of the world’s defence exports.

Israel, where he was vacationing with friends and had been attending a music festival about five kilometres from the border with Gaza. But the festivities had been interrupted by Hamas militants storming into Israel, and Ohnona could hear screams and gunfire in the background as her son spoke to her.“He said, ‘Mommy, we’re in the middle of a terrorist attack,'” Ohnona said in an interview with Global News on Tuesday.A short while later, Look was dead, one of at least two Canadians who are among over 1,000 people now confirmed to have been killed in Israel since the attack by Hamas began Saturday.As of Tuesday, about 900 people have been killed in Gaza and the West Bank, including 260 children and 230 women, according to authorities there.

₹300 crore into setting up a plant in Uttar Pradesh which will make 2 million units a year. The laptops will be priced between ₹20,000 and ₹80,000 covering entry level, mid segment as well as premium segments.

embedded technology company, embedUR Systems, is ramping up its presence in India with an investment of Rs 500 crores in Chennai over the next five years, the company's founder and chief executive Rajesh Subramaniam said in a media interaction on Wednesday. “Chennai’s strategic geographical positioning along with the availability of the vast engineering talent provides it with an immense potential to develop into a Global Embedded Systems Hub and become a key player in providing cutting-edge embedded technologies and transforming industries across the world," he said.

Vision Mercedes-Maybach 6 was recently showcased in Mumbai on October 11. This all-electric aero coupe is truly a sight to behold. Despite its impressive length of 5,700 mm, the Maybach 6 accommodates only four passengers, paying homage to the elegant aero style coupes of the past, such as the iconic 300SL. Taking inspiration from the SL, the Maybach 6 features massive gullwing doors. The front end, spanning 2,100 mm wide, boasts LED wing lights, an imposing chrome grille, and an upright Mercedes-Benz logo. Its stunning Maybach red paintwork completes the picture. The rear end of the Maybach 6 is equally distinctive, with its extended round 'boat-tail' design, reminiscent of a luxury yacht. Stepping inside, the Maybach 6 offers a truly unique experience. Mercedes refers to it as the «360-degree lounge» as the cabin is designed as a wraparound cockpit with a large glass area. The minimalist front dash extends into a center console adorned with illuminated elements. Surprisingly, there are no touchscreens in the Maybach 6. Instead, driver-related data and geographical location are displayed on the entire windscreen, and various functions can be operated through gestures rather than physical controls.

CBI registered an FIR against NewsClick and its founder Prabir Purkayastha for alleged violation of the Foreign Contribution (Regulation) Act and carried out searches at the office and residence of the portal's founder on Wednesday, officials said. In the FIR, the agency has named as accused the company PPK Newsclick Studio Pvt Ltd, Purkayastha, Jason Pfetcher, the sole manager of Worldwide Media Holdings, and American millionaire Neville Roy Singham, who runs an IT consultancy firm, besides unidentified others. They said a team of agency officials searched the residence and office of NewsClick founder Purkayastha, who was recently arrested by the Delhi Police in a case under the Unlawful Activities (Prevention) Act. «The CBI is currently conducting search and seizure operations at the NewsClick office and the residence of our Editor-in-Chief, Prabir Purkayastha. This is the fifth agency that is investigating us.

Klarna has launched a new AI-driven shopping feature, developed with OpenAI tech, that allows people to shop by taking a photo of products they like which then become available to buy in seconds on the company's mobile app. Many start-up companies like Klarna are adding AI to their product portfolio to boost valuations as they wait for their turn to hit the public markets through an initial public offering.

geopolitical tensions have dominated headlines. Be it the Russia-Ukraine waror various revolts outside the US, it seems like the world is becoming more chaotic and unstable. When nations lose trust in each other, it creates an environment where they are likely to engage in conflict to accomplish their goals.

Endeavour Group’s biggest shareholder, Bruce Mathieson, has threatened legal action against the liquor chain and hotels giant and its directors if he is unable to inspect certain documents relating to Bill Wavish’s nomination as a director.

Samsung Electronics Co Ltd reported a likely 78% drop in third-quarter operating profit on Wednesday, as the effects of an ongoing global chip glut drive losses in what is normally the South Korean tech giant's cash cow business. The world's largest memory chip and smartphone maker estimated its operating profit fell to 2.4 trillion won ($1.79 billion) in July-September, from 10.85 trillion won a year earlier in a short preliminary earnings statement. The profit beat a 2.1 trillion won LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate. The earnings guidance sent shares up 3.3% in early trade, versus a 1.8% rise in the wider market. Although down sharply from last year, Samsung's third quarter profit is higher than the first quarter's 640 billion won and the second quarter's 670 billion won.

(Reuters) -HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, reflecting stabilizing demand in the personal computers market.

Sikkim's glacial lake outburst flood (Glof)-related disaster is a decade-old saga of failure to sustain early warning systems and water monitoring sensors in the region despite awareness about the high level of Glof threat in the Himalayan state. Early warning sensors were installed in 2013, 2016 and even last month at the critical glacial lakes in Sikkim but none survived long enough to forewarn residents downstream. Alerted of a serious Glof threat in Sikkim after a February 2013 study on South Lhonak and Sakho Cho lakes, the Centre, through the Ministry of Electronics and Information Technology, commissioned the Centre for Development of Advanced Computing (C-DAC) to develop indigenous water-level monitoring sensors for the Himalayan states. C-DAC and the Department of Science & Technology of Sikkim had already teamed up to visit Lhonak lake in May 2012 — about nine months after the devastating September 18, 2011, earthquake of 6.9 magnitude that had hit Sikkim. The 2013 report and other satellite imagery analysis indicated that the two glacial lakes were most precariously placed Glof threats. Accordingly, they were chosen for the first attempt at an early warning system (EWS) by India. An indigenous EWS and water-level monitoring sensor system was installed by C-DAC at Shakho Cho lake in July 2013. In September 2016, similar sensors were installed at Lhonak Chho — the glacial lake which is the cause of the flash flood that devastated Sikkim this week, NDMA (National Disaster Management Authority) reports reveal. Officials in the know confirmed to ET that if sensors had been in place at Lhonak, such loss of lives due to the October 3 Glof could have been avoided.

Check out the companies making headlines in midday trading.

(Reuters) — The California Public Utilities Commission (CPUC) on Monday proposed a $45 million shareholder-funded penalty against Pacific Gas and Electric Company (PG&E (NYSE:PCG)) for its connections to the destructive 2021 Dixie wildfire.

savings account is a type of deposit account offered by banks and financial institutions. Here are the fundamental aspects of a savings account: 1. Deposits: Account holders can deposit money into their savings account.

Key Takeaways

Brazilian police officers and Interpol have swooped on a gang of suspected gun-toting crypto thieves, arresting seven people.

Mazagon Dock Shipbuilders which hit the day's high of Rs 2,219.90 on the NSE following an order for constructing DWT Multi-Purpose Hybrid Power Vessels for an undisclosed amount from a European client. Cochin Shipyard, Bharat Electronics (BEL), Hindustan Aeronautics (HAL), Bharat Dynamics, Bharat Heavy Electricals (BHEL), BEML, Mtar Technologies, Solar Industries, Paras Defence and Space Technologies and Bharat Forge were also among the top gainers, rallying up to 3%. Mazagon Dock Shipbuilders informed exchanges about receiving the Letter of Intent (LOI) from the European client on Monday after market hours. With today’s gains, the stock has broken its three session losing streak. At 10:20 am, over 11.50 lakh shares changed hands on the NSE with the total traded value standing at Rs 25,1.52 crore.

Gaza Strip after the Hamas group launched a deadly rocket attack on Israel that killed over 1,000 people and left hundreds injured. Dozens of foreigners have been killed, injured, or taken hostage during a surprise attack on Israel by the Palestinian militant group Hamas. Many of the missing foreigners were at an electronic music festival in the southern Israeli desert, at which scores of revelers were massacred.

ease of doing business, the government on Monday automated the system of giving credibility to the Indian exporters in the international markets. Commerce and industry Piyush Goyal launched a new initiative to issue IT system based automatic ‘Status Holder’ certificates to exporters under the Foreign Trade Policy 2023 under which the government will recognise about 20,000 exporters as Status Holders, up from 12,518 exporters recognised earlier. Goyal unveiled the initiative at a meeting with the export promotion councils, the commerce and industry ministry said in a statement. The Status Holder certification program provides credibility to the Indian exporters in the international markets “Over 15,000 exporters will be benefitted by this facility who will get 1 Star to 5 Star recognition within real time basis,” said A. Sakthivel, president, Federation of Indian Export Organisations. At present, the exporter is required to file an online application along with an export certificate from a chartered accountant for grant of status.