Landmark Financial News
14.03 / 04:07
Google
Landmark
Gemini
country
innovations
prevention
Schools
Europe one step away from landmark AI rules after lawmakers' vote
artificial intelligence rules on Wednesday as EU lawmakers endorsed a provisional agreement for a technology whose use is rapidly growing across a wide swathe of industries and in everyday life. Three years in the making, the AI Act comes as generative AI systems such as Microsoft-backed OpenAI's ChatGPT, and Google's chatbot Gemini become more popular, fuelling concerns about misinformation and fake news.
13.03 / 20:39
11.03 / 15:11
Provident
Landmark
Platform
WhatsApp
trends
country
Utility
M&M to launch 3 pure electric utility vehicles, says it is committed to UVs too
«In the last 11 months, we have sold 7.56 lakh units in passenger, commercial including three-wheelers. The trend indicates we are crossing the eight lakh mark by March 2024,» M&M's national sales head Baneswar Banerjee told PTI on the sidelines of the launch of a dealership by Landmark group. The company without any timeline stated that it will introduce three pure electric utility vehicles, amid the EV charging ecosystem still evolving in the country.
11.03 / 11:44
Provident
Landmark
Trade
country
inclusion
innovations
Pharmaceuticals
India-EFTA trade deal: Swiss watches to chocolates- 5 things which will become cheaper
India-EFTA trade deal: In a landmark deal with the European Free Trade Association (EFTA), India has signed a trade and economic partnership agreement (TEPA) to boost trade and investments for developed countries- Iceland, Liechtenstein, Norway, and Switzerland. Under the agreement, the four-member EFTA has committed $100 billion in investments in India and the tariffs between both blocs are expected to reduce.
10.03 / 23:17
10.03 / 19:11
markets
Provident
Cooper
Landmark
Sustainability
Trade
country
India signs a trade accord with 4 European nations for $100 billion investment over 15 years
India has signed a trade agreement with Iceland, Liechtenstein, Norway and Switzerland on Sunday that includes a commitment of $100 billion investment and creating 1 million direct jobs in India in the next 15 years
10.03 / 05:37
markets
Landmark
economy
Sustainability
trends
performer
inclusion
FPIs inject over Rs 6,100 crore in equities in March on strong economic growth, market resilience
«FPI inflows have shown a positive trend as compared to the previous month. Thanks to the recent announcement of Q3 GDP numbers at 8.4 per cent, persistence performance of large Indian corporates being major factors for turning the tide green for the Indian equity market,» Manoj Purohit, Partner and leader — FS Tax, Tax and Regulatory Services, BDO India, said.
08.03 / 15:23
markets
Manufacturing
Landmark
Strategy
Sustainability
Celebrity
International
Tata Motors' Sanand plant crosses 1 million car rollout milestone
Sanand Plant in Gujarat, India, celebrated a significant milestone, reaching the production landmark of 1 million cars. The plant, which was established around 14 years ago to manufacture small cars, has evolved into a key facility for producing electric vehicles (EVs) and factory-fitted compressed natural gas (CNG) cars. According to Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicle and Tata Passenger Electric Mobility, the Sanand-1 plant contributes to 20% of the company's total car production. Plant Evolution and Production Details Production Evolution
05.03 / 21:28
Landmark
performer
country
testing
peace
cricket
bowling
Ravichandran Ashwin on 100-test milestone: ‘It’s just a number’
Ravichandran Ashwin is set to complete 100 Tests in the fifth and final match of England’s tour starting Thursday in Dharamsala. Here is what he said about the landmark: ON 100TH TEST
05.03 / 11:45
UPS
IPO
Landmark
security
wellness
Features
Popular Vehicles to be India’s second listed auto dealership chain
NEW DELHI : Kerala-based auto dealership network Popular Vehicles is gearing up to become the second listed automotive dealer in India, following Landmark Cars’ ₹552 crore public share issue in December 2022. Popular Vehicles’ initial public offering, featuring an offer for sale by private equity firm BanyanTree Capital and a fresh issue of ₹250 crore, is set to open for subscription this month. BanyanTree holds a 34% stake in the company.
04.03 / 09:01
Landmark
economy
Sustainability
pandemic
Trade
innovations
gatherings
Union Minister Jyotiraditya Scindia inaugurates India's first green hydrogen plant in stainless steel sector
Jyotiraditya M. Scindia, addressed a gathering at the inauguration of India's first green hydrogen plant within the stainless steel sector in a landmark moment for India's industrial landscape. The inauguration ceremony marked a milestone in India's journey towards sustainable industrial practices, with the Jindal Stainless' Green Hydrogen project paving the way for a greener, eco-friendlier future. Speaking at the inauguration ceremony, Minister Scindia expressed his immense pleasure at inaugurating the first green hydrogen plant, which symbolizes the collaborative efforts of two innovative powerhouses, Jindal Stainless and Hygiene Co.
01.03 / 10:53
UPS
Landmark
Strategy
wellness
stars
reports
Westside to open 20-30 stores next fiscal, ramp up e-commerce ops
₹8,213 crore with a profit after tax of ₹555 crore. Trent operates multiple formats such as Zudio, apart from a supermarket concept operating under the Star brand. Westside offers branded fashion apparel, footwear and accessories for women, men and children, along with a range of home furnishings and decor.
01.03 / 04:17
UPS
Landmark
Netflix
show
stars
Features
Kapil Sharma set to make OTT debut with Netflix's 'The Great Indian Kapil Show' on this date: Check details
Netflix has just announced a new comedy show featuring the beloved actor-comedian, titled 'The Great Indian Kapil Show.' And here's the cherry on top: Sunil Grover, known for his hilarious antics, will be joining Kapil Sharma once again, marking their reunion after their successful stint on 'The Kapil Sharma Show.'
29.02 / 20:25
29.02 / 07:15
markets
Landmark
Strategy
Boxing
Uniqlo
country
reports
Reliance exploring deal to bring British retailer Primark to India, says report
market, as per an Economic Times report. This potential move would position Reliance against competitors such as Tata's Zudio, Max from Landmark Group, and Shoppers Stop's new value format InTune, it added. The 55-year-old Primark brand, known for its affordably priced clothing and shoes, has been assessing the Indian market for several years and might collaborate with Reliance through a joint venture or licensing agreement, two sources told the paper.
28.02 / 19:45
UPS
Landmark
security
Courts
rights
End of an Era: McConnell Steps Down as Senate Republican Leader
Quiver Quantitative — Mitch McConnell, the longstanding leader of the U.S. Senate Republicans, has announced his decision to step down from his leadership role, a position he has held for nearly 17 years. This announcement, made on the Senate floor, marks the end of an era for the party and opens up a significant power vacuum. McConnell, who turned 82 last week, expressed a poignant acknowledgment of the inevitiveness of time and the need for a new generation of leadership. His tenure has been marked by significant achievements, notably his instrumental role in securing a 6-3 conservative majority in the Supreme Court, which led to landmark rulings on abortion and gun rights.
28.02 / 13:57
markets
Provident
Landmark
Platform
Strategy
stars
Sporting
RIL signs deal with Disney to merge Viacom18 and Star India
Reliance Industries has signed a binding agreement with Disney to form a joint venture that will combine the businesses of Viacom 18 and Star India. The deal, which has been in the works for months, will create a media behemoth across TV broadcasting, streaming, movies and sports. As part of the transaction, RIL has agreed to invest around Rs 11,500 crore ($ 1.4 billion) into the JV for its growth strategy.
27.02 / 10:37
Provident
Manufacturing
Landmark
security
Metro
performer
Features
IG Drones secures order from Defence Ministry to supply surveillance drones
IG Drones, India’s leading drone tech company has announced that it has bagged a procurement order from the Defence Ministry to supply drones, for surveillance purposes. This is a landmark deal the drone manufacturer has secured, to assist the defence ministry in its operations. The order entails supplying drones and essential accessories to the Ministry of Defence. The selected drones have industry-first features and are enabled with 5G capability and have advanced features and exceptional performance, functioning effectively in extreme temperatures and high altitudes. The drone is capable of vertical take-off and landing and can be effectively used in defence and medical applications. By providing enhanced surveillance capabilities, these drones act as a crucial asset for defence forces, strengthening operational efficiency at the borders. With the advent of 5G services from Telecom Service Providers (TSPs), these drones now boast enhanced precision control capabilities, allowing them to be remotely operated from a command centre, eliminating the need for on-site presence.
27.02 / 10:15
Reuters
Waters
Landmark
Platform
show
Investigations
Microsoft's Mistral AI deal should be further investigated, EU lawmaker says
Microsoft's deal with French tech startup Mistral AI should be further investigated, one of the lawmakers who oversaw the drafting of the European Union's landmark AI Act said. On Monday, Microsoft announced it would soon make Mistral's AI models available through its Azure cloud computing platform.
26.02 / 00:53
Landmark
Rust
show
Olympics
Features
The Eiffel Tower reopens to visitors after a 6-day closure due to an employee strike
The Eiffel Tower has reopened to visitors after a six-day closure because of striking employees demanding better maintenance of the historic landmark, showing traces of rust, and salary hikes
25.02 / 10:57
Landmark
WhatsApp
Rust
country
Olympics
International
Sporting
The Eiffel Tower reopens to visitors six days after a strike shut it
Eiffel Tower welcomed back visitors on Sunday following a temporary closure of six days. The shutdown was a result of employees going on strike, advocating for improved maintenance of the historical landmark and salary increments. The management of the 330-meter (1,083-foot) tower released a statement, affirming resolution with the labor unions representing the workers. The agreement includes a commitment to a substantial investment of «an ambitious 380 million euros (about $412 million) by 2031» for renovation purposes. The maintenance work aims to address concerns about visible traces of rust on the structure. Additionally, salary negotiations were initiated during the week and are expected to conclude next month. The striking employees had insisted on a raise commensurate with the revenue generated from ticket sales.
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