Electronic Financial News

Amazon antenna on the Indian Ocean island of Mauritius made contact with both, but during a subsequent handoff to another station, only one vehicle checked in. Amazon scanned the sky behind the first satellite for a signal from the second one but heard silence. The incident threatened to kill the mood for employees who’d gathered to celebrate the launch at Postdoc Brewing, not far from Amazon’s Seattle-area space operation. The team had spent years building satellites from scratch and endured months of delays launching them. Now that they were aloft, Amazon needed to make contact to ensure their solar panels had deployed. If not, the batteries would run out and the satellites would fail, a major setback for the retail and cloud-computing giant, already a late entrant in the race to build a profitable business selling internet access from low-Earth orbit.

Crimes against women in India rose by 4% in 2022 from the previous year, a majority of the cases being cruelty by the husband or his relatives (31.4%). Delhi is still rated as the country’s most unsafe city for women, with an average of three reported rape cases per day, accounting for 29% of crimes committed against women in 19 major cities, according to 2023 data from the National Crime Records Bureau (NCRB).

Israeli hostage abducted from music festival found ‘murdered in captivity’ In 2022, the Gonjeshke Darande group hacked a major steel company in the southwest of the country. A cyberattack on Iran’s fuel distribution system in 2021 paralyzed gas stations across the country, leading to long lines of angry motorists. The hacking group claimed responsibility for the attack on fuel pumps.

Iran's gas stations went out of service on Monday following possible sabotage — a reference to cyberattacks, Iranian state TV reported. The report said a «software problem» caused the irregularity in the gas stations. It urged people not to rush to the stations that were still operational.

income tax planning. From the start of January, the Finance Department of many companies starts sending reminders to employees for submission of investment proofs to avoid tax deductions from salary. Let us look at some ways of maximising the benefits of available tax deductions.

RBI) has fixed the price at Rs 6,199 per gram. For investors willing to apply online, there is a discount of Rs 50 per gram and the issue price is Rs 6,149 per gram.

Udaan on Monday laid off 100 to 120 employees, about 10% of its workforce, days after raising $340 million in a funding round. Most of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, people in the know said. The layoffs, the sources explained, were due to redundancies following a rejig of the business in September.

stocks of large, well-established firms. This is understandable, as these stocks provide steady returns, pay good dividends, and are not likely to crash due to a change in fundamentals. Large, stable companies may face challenges but are likely to overcome them.

SGB) can be bought physically through agents or receiving officers, applications must be submitted to branches during regular business hours on the weeks of subscription, as specified from time to time by the RBI and the Government of India. The prescribed application Form A must be used to subscribe to the form. Here are a few things to keep in mind about how the receiving officer will handle your application and how you can obtain a certificate of holding if your application is accepted, according to the SGB procedure guidelines. How to buy Sovereign Gold Bonds (SGB) online through SBI, HDFC Bank, PNB, Canara Bank, ICICI Bank 1. PAN details Every application will be accompanied by the ‘PAN details’ issued by the Income Tax Department to the investor(s).

Floydwiz Technologies has grabbed nearly 3% of the Indian laptop market with its Primebook brand of affordable devices in just nine months of entering the online marketplace, according to its co-founder, Chitranshu Mahant, who expects sales to touch 50,000 units by the end of 2023. The company has a revenue of Rs 10 crore per month and is projected to touch Rs 60 crore for 2023 at this run rate, Mahant told ET.

A British Columbia Supreme Court judge has ruled that a Vancouver Island People’s Party of Canada candidate who ran against Elizabeth May in the last federal election must stop describing himself as an engineer.

Cashback credit cards allow you to earn some money back when you swipe your card to buy things. This money might come as points or cash that goes into your account. Most credit cards offer cashback for spending on groceries, food, lifestyle, entertainment, electronics and bills payment. Cashback is one of the key benefits credit cards offer to consumers as it’s a tangible reward, offering actual cash for regular expenditures.

electronics makers witnessed pickup in sales in the wedding season, mostly on demand for entry-level mass products from non-metro cities of the hinterland. The industry, which concluded the festive sales with a growth of 15-20 per cent mainly driven by premium products, got a further boost during the wedding season.

Adani Enterprises Ltd was the top all-round wealth creator, according to a study by Motilal Oswal Financial Services. The study, based on stock market performance of companies, said for the fifth time in succession, Reliance emerged as the largest wealth creator, adding Rs 9,63,800 crore wealth over 2018-23. It was followed by Tata Consultancy Services (Rs 6,77,400 crore wealth addition), ICICI Bank (Rs 4,15,500 crore), Infosys (Rs 3,61,800 crore) and Bharti Airtel (Rs 2,80,800 crore).

Genrobotics, a Kerala-based startup acclaimed for leveraging technology for social change, has been adjudged among top three Artificial Intelligence (AI) startups of India at the Global Partnership on Artificial Intelligence (GPAI) Summit 2023 organised by the Ministry of Electronics and Information Technology in New Delhi. Genrobotic's G-gaiter Robotic Technology won the award in 'AI Game Changers' category at the December 12-14 summit held at Bharat Mandapam, inaugurated by Prime Minister Narendra Modi, a statement said on Saturday.

Spanish police say they have arrested 14 workers at one of the country’s main tourist airports on suspicion of stealing items from checked-in luggage

OpenAI, Meta and Google. He also added that a chatbot based on the Krutrim model can “write and speak in 10 Indian languages, and can understand 22." Work on the model, Aggarwal added at a media roundtable post-announcement, had begun “roughly a year ago." “We’re also building our own technology for data centres—not just the physical investment into data centres, but also the technology.

Organic Co-crystal systems with potential applications in drug discovery, imaging, therapeutics, fiber-optic communications and optical devices. The findings of the research have been published recently in the prestigious Journal Nature Communications. Co-crystal engineering is a technique that enables the combination of compounds to enhance their functionality.

PetaFlops compute capacity under the National Supercomputing Mission, Parliament was informed on Friday. Minister of State for Electronics and IT Rajeev Chandrasekhar in a written reply to the Rajya Sabha said that systems have been commissioned at 20 academic institutions, organisations and Research and Development (R&D) labs across the country.

Bharat Electronics Ltd (BEL) share price surges 3.26% to ₹169.35 per share on Friday, December 15, after the company bagged a mega defence order. The Ministry of Defence has entered into a significant agreement with BEL, Pune, for the acquisition of electronic fuzes for the Indian Army over a 10-year period, with a total investment of ₹5,336.25 crore. Aligned with the 'Aatmanirbhar Bharat' vision, this contract is established for the procurement of ammunition under the 'Manufacture of Ammunition for Indian Army by Indian Industry' initiative.

dehumidifiers available today is as varied as the needs they fulfil. They range from petite, nimble units, perfect for cosy nooks or compact office spaces, to more robust, muscular models that take on whole homes with their moisture-wrangling prowess. For every space, there's a dehumidifier waiting to tailor-fit its atmosphere to perfection.