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Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Madhya Pradesh chief minister Mohan Yadav on Thursday said that Google Cloud has proposed to set up a startup hub and centre of excellence in his State. He said proposals with an investment potential of around Rs 3,200 crore were received during his two-day visit to Bengaluru. «To increase skilled workforce, Google Cloud has proposed setting up a startup hub and centre of excellence in Madhya Pradesh,» Yadav told reporters after an interactive session on investment opportunities in Madhya Pradesh. The chief minister visited Hindustan Aeronautics Limited here on Wednesday.

₹2,47,990, is one of the most well-heeled semi-professional cameras that you can buy today. Important context: for most casual buyers, the need for a camera such as the Nikon Z6 III arises out of discretion. Today, hobbies are no longer what they used to be—thanks in no small part to dwindling attention spans.

₹250 crore on entities failing to prevent data breaches or misuse of the personal data of individuals. The Act was notified last year but rules under the law are yet to be finalised. Read this | Mint Explainer: Concerns around Digital Personal Data Protection law Another executive emphasized the importance of releasing the DPDP rules to avoid regulatory ambiguity.

Samsung is recalling more than 1.12 million electric ranges used for stovetops after reports of 250 fires and dozens of injuries

Tapping home equity through a line of credit can make sense for many reasons, but following a report that HELOC balances are increasing, new research reveals some risky uses by some borrowers.

Mass consumers, who drive low average selling price (ASP) purchases in Indian ecommerce, constitute about 80% of the total online shopper population, marketplace Meesho said in a report. Online Indian mass consumers usually have an annual household income of between Rs 2.5 lakh and Rs 10 lakh, the report added. About a third of such users are also under the age of 25. About 80% of these shoppers come from beyond tier 2 towns, while users beyond tier 4 towns are the most frequent repeat shoppers, across categories such as women’s fashion, footwear, and baby care products. States like Uttar Pradesh and Bihar are leading ecommerce growth in this segment.

Citadel Securities has got some big aspirations.Bloomberg reported earlier this month that the electronic trading firm would like to offer a white labelled trading service to banks that presumably would no longer run trading operations of their own. In return for a fee, the vision seems to be that Citadel Securities would manage technology, order analytics and execution. Banks would just need to plug in the clients.

Fresh talent hiring increased 11% from a year earlier in July, with the index rising from 268 to 298, despite falling 1% sequentially, according to the foundit insights tracker (fit), a monthly analysis of online job posting activity. “We have also noticed that the salaries of employees have consistently risen, driven by higher demand for fresh talent and competitive salary offerings. This growth is likely fueled by high-growth sectors such as technology, digital marketing, and e-commerce,” said Sekhar Garisa, CEO, foundit, a Quess company.

pan masala and similar tobacco products, if they fail to register their packing machinery with GST authorities. The GST Network had earlier in May and June notified two forms GST SRM-I and II for registering machines used by such manufacturers and to report inputs procured and corresponding outputs with tax authorities. The Central Board of Indirect Taxes and Customs (CBIC) on August 6 notified October 1, 2024, as the date for levy of up to Rs 1 lakh penalty for failure to register their packing machines with GST authorities. In January, the Central Board of Indirect Taxes and Customs (CBIC) had announced the introduction of a new registration and monthly return filing procedure to improve GST compliance for manufacturers of pan masala and tobacco products effective April 1.

Indian expats, including those at the CXO level ,looking to relocate to India primarily from the US, UK and Canada over the last year, recruitment agency Randstad India told ET. However, Randstand did not quantify the size of the surge of Indian expat applicants. The manufacturing industry is expected to double in size over the next five years from employing around 2.5 to 3 million people to around 5 million by around 2030, Yeshab Giri, Chief Commercial Officer, Operational Talent Solutions at Randstad India, told ET. Government emphasis with big ticket incentives in addition to benefiting from the China plus one strategy has seen the electronics manufacturing sector in particular opening up more opportunities for these expats. The government boosters are seen aiding local manufacturing to get stronger.

quick commerce and aggressive demand for newer direct-to-consumer (D2C) brands aided by speedy deliveries on platforms like Blinkit, Zepto and Instamart are fuelling dealmaking in early-to-mid-stage D2C brands, several executives and investors told ET. New brands have scaled much faster than anticipated due to the quick-commerce channel and that is attracting investor interest. Kids gift brand Tuco Intelligent is in talks to raise new capital from Fireside Ventures, while Peak XV Partners is likely to pick a stake in healthy bread maker The Health Factory, sources said. Gourmet Garden, a specialised organic fresh supplies brand, has started talks to raise around $10 million from a mix of investors.

component sub-assemblies that go into making a mobile device, a senior official told ET. This is part of a big upcoming incentive scheme to develop a local ecosystem for electronic components. Sops will be linked to a combination of production, capex and employment generation, given the government's renewed focus on job creation. «This will set the new template for the manufacturing sector,» said the official. China's value-add is currently in the range of 30%. India's target is to have 25-30% value add in about seven years, the official added.

Tarang Shakti, the IAF organised multinational exercise that will see the participation of air force units including from Germany and France got underway here on Tuesday and will see a number of advanced fighters and other aircraft taking to the skies as part of the various simulated scenario. Simulated scenario, including electronic warfare, would be part of the exercise being held in this western city, about 500 km from Chennai, Chief of the Air Staff, Air Chief Marshal VR Chaudhari said "...we have at least six different types of IAF aircraft flying alongside the Eurofighter Typhoons and Rafale from the visiting countries...we have also simulated electronic warfare environment, we simulate radars, we simulate air defences and operate in some sort of a network environment against multiple kinds of opposition in every mission." «The whole idea is to be able to operate- you are aware that we are without a common data link with the visiting Air Forces, so we need to operate without a datalink. That itself is a very complex exercise. The main focus will be on what we call the large force engagements where large numbers of formations will be operating together,» the Air chief told reporters.

₹40,000 on the best electronic items. This highly anticipated event, running from August 6 to 11, presents an exceptional opportunity to grab top-of-the-line electronics at unbeatable prices.

Japan's Nikkei 225 stock index has plunged more than 12% as investors worried that the U.S. economy may be in worse shape than had been expected and dumped a wide range of shares

Motherson Group is poised to enter the growing Apple supply chain network in India along with Hong Kong-based BIEL Crystal Manufactory, one of the world’s largest suppliers of glass for smartphones, said people with knowledge of the matter. This will make the Vivek Chaand Sehgal-led auto component maker the second large business group after Tata to become a vendor for Apple as part of Motherson’s plan to use its core manufacturing prowess to diversify into other segments. BIEL was established in 1989 by billionaire Yeung Kin-man in Shenzhen, China, to make watch crystals. The company says it’s one of the earliest manufacturers of glass screens for mobile devices, having begun in the early 2000s, when they were made mostly of plastic. By some estimates, BIEL currently produces glass screens for two of every three iPhones. The 51:49% alliance, the Indian company will have the majority stake, is planning to set up a greenfield manufacturing capacity in the south, most likely Tamil Nadu, with an estimated outlay of Rs 2,000-2,500 crore, said the people cited above. It aims to hit a turnover of Rs 8,000-8,500 crore in four-five years after operations start. The consumer electronics business is scheduled to come onstream in the July-September quarter.

Vivo T3 5G, and Motorola Edge 50 Fusion will be available at reduced prices, though the exact discount amounts will be revealed on the day of the sale.In addition to smartphones, the Flagship Sale promises to deliver impressive price reductions on a wide array of electronics. Consumers can expect discounts of up to 80 percent on products like tablets, laptops, smart TVs, and cameras.

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