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disinvestment of helicopter service provider Pawan Hans as the winning bidder – Star9 Mobility – was disqualified due to pending legal cases against it. In April last year, the government had decided to sell Pawan Hans for Rs 211.14 crore to Star9 Mobility, a consortium of Big Charter Pvt Ltd, Maharaja Aviation Pvt Ltd and Almas Global Opportunity Fund SPC.

Smartphone brands such as Samsung, Motorola, OnePlus, Oppo and iQOO have lined up a series of launches across price ranges coinciding with the upcoming ecommerce sales. Industry executives and analysts see the launches as a bid to capture an expected increase in demand during the promotional periods, as well as gather momentum in the lead up to the festive season that starts in August and has assumed increased criticality amid tepid overall demand. As many as eight brands are launching their devices in the next two weeks with online sales set to start from the middle of the month. “There will be some amount of pent-up demand this year, because not a lot of people upgraded their smartphones in the last two years due to macroeconomic headwinds, and lack of 5G networks,” Counterpoint Research director Tarun Pathak said. Counterpoint has observed a change in consumer behaviour where the demand is now concentrated around promotional periods. One in every two consumers is waiting for these promotional events as chances are high that they get a better value for their money, Pathak said.

₹999, from 7 July targeting India’s 250 million feature phone users that use data-devoid 2G devices. The carrier said Monday that the phone will be available across all offline channels including Jio and Reliance Retail stores. The device will allow phone users to access JioCinema, JioSaavn, FM Radio, and make UPI payments through JioPay, at plans starting ₹123 a month.

NEW DELHI : While market leaders Bharti Airtel Ltd and Reliance Jio Infocomm Ltd have secured 5G spectrum and launched services, Vodafone Idea Ltd (Vi) is yet to do so. However, the lack of 5G has not had any major impact on the enterprise business as most solutions work on 4G, said Arvind Nevatia, chief enterprise business officer at India’s No. 3 telco.

NEW DELHI : Brands across various industries are increasingly finding it difficult to secure high-quality real estate as a result of steep rentals, and an increase in the store expansion plans of both large and small brands. Several major retailers have attributed their post-covid expansion plans to make up for the slower pace of growth in 2020 and 2021. Now, with improved mobility and return of consumers to physical outlets, the pace of real estate expansion has picked up, outpacing the available supply in the market.

Mint had reported in February, and April, that the government found that a partner of the winning bidder consortium had adverse rulings issued by the National Company Law Tribunal’s Kolkata bench against it in another matter and that it had issued a show cause notice to the company concerned. Also, that the government intended to scrap the disinvestment process altogether.

New Delhi: The government Monday scrapped the strategic disinvestment of Pawan Hans Ltd, a public sector enterprise under the ministry of civil aviation, after it disqualified the successful bidder Star 9 Mobility Pvt Ltd on grounds of one of its consortium partners of being embroiled in a separate legal case where adverse rulings have been issued by the company law tribunal.  Mint had reported in February, and April, that the government found that a partner of the winning bidder consortium had adverse rulings issued by the National Company Law Tribunal's Kolkata bench against it in another matter and that it had issued a show cause notice to the company concerned. Also, that the government intended to scrap the disinvestment process altogether.   "Government has decided that successful bidding consortium M/s Star 9 Mobility Pvt Ltd is disqualified from the process of strategic disinvestment of Pawan Hans Ltd in terms of provisions of PIM and RFP," the department of investment and public asset management (DIPAM) said in a statement Monday.

New Delhi: The Indian Cellular & Electronics Association (ICEA) has set up a task force to ensure that Indo-US electronics trade goes up from $8 billion to $ 100 billion within a decade, said the apex industry body in a statement.   This comes after India and the United States joined forces to drive forward transformative initiatives, following Prime Minister Narendra Modi’s state visit to the United States last month.    “This will give a major boost to our efforts to become a global hub for innovation and manufacturing," said ICEA chairman Pankaj Mohindroo. The industry body represents electronics ecosystem in India, including components, subassemblies, EMS, and finished goods across various ESDM verticals such as mobile phones, consumer electronics, and IT hardware.  The setting up of Critical and Emerging Technology (iCET) will aid in cooperation in futuristic areas such as artificial intelligence, quantum computing, space exploration, semiconductors, and defence technology, the statement added.

₹30,274 crore. Asian Development Bank (ADB), Asia Infrastructure Investment Bank (AIIB), and New Development Bank (NDB) are co- financing in the project.  RAPIDX will have a dedicated women’s coach on every train. "Moving in the direction to Meerut from Delhi, the second coach of the train set, i.e.

Motorola Mobility aims to be among the top three smartphone makers in India and globally in the next three years, growing sales four times over the same period, its president Sergio Buniac said. The handset maker is increasing its investments in India this year to double its sales and will also open its first camera lab within this quarter. “…we are investing a lot in the brand again, and you will see our investments increase significantly.

Venmo said Tuesday it’s begun allowing users to invest in cryptocurrencies with as little as $1, using funds from their Venmo balance or a linked bank account or debit card.

Ryan Reynolds, the Hollywood actor known for hits like Deadpool, has splashed out on an array of business ventures across liquor, sports, and telecommunications—and reaped million-dollar returns. The actor has an estimated net worth of $350 million, according to Celebrity Net Worth.Here’s a look at some of the brands and businesses that have helped Reynold make millions.

Hundreds of airline passengers stand in United Airlines' customer service line following a slew of flight cancellations and delays at Newark Liberty International Airport on Tuesday, June 27, 2023. 

The State Bank of India (SBI), as part of the 68th Bank Day celebrations, today launched its enhanced digital banking application, ‘YONO for Every Indian’, and Interoperable Cardless Cash Withdrawal (ICCW) facilities.

Non-Resident Indians (NRIs) play an instrumental role in bolstering India’s economy. With inward gross remittances, they are fueling the country’s investment scenario and fattening foreign exchange reserves. Being a progressive economy, India has established itself as a leader in inward remittances by becoming the first country to touch the $107.5-billion mark in 2022.

The last two decades have witnessed a monumental transformation in the technology space. These developments have become ingrained in our daily life and often go unnoticed. Such is the impact of technology. Consider this, the amount of time spent online either on mobiles or on laptops has changed significantly. Everything is available at the touch of a button or a click. You have virtual assistants, chatbox, cloud computing, artificial intelligence etc. One can firmly assert that technology covers practically all sectors of the modern economy; and sectors too rely on technology to uplift their quality, productivity, and profitability. Today, the challenges an organisation would face are not about a lack of technology but identifying the right use and delivering value.

Twitter users complained that they saw ‘cannot retrieve tweets’ and ‘rate limit exceeded’ error messages on their timelines. Befuddled, many thought it was another Twitter outage. Instead, it was a move by Twitter executive chairman Elon Musk to apply ‘temporary limits’ on the number of tweets a user could see.

rail travel. The IRCTC (Indian Railways Catering and Tourism Corporation) offers travel insurance for passengers, covering accidents and injuries during journeys.Eligibility Only Indian citizens are eligible for opting railway travel insurance through the IRCTC platform.

Android apps on Windows 11 has become a reality, offering users the convenience of accessing their favorite mobile applications directly on their PCs. However, before you proceed on, here are a few things to check: Firstly, ensure that your computer meets the necessary specifications – your PC must have at least 8GB of RAM, or preferably 16GB, and a compatible processor i.e., Intel Core i3 8th Generation or above, AMD Ryzen 3000 or above and Qualcomm Snapdragon 8c or above. Further, an SSD is a must-have. Now, make sure your Windows 11 is up to date. In the next step, update the Microsoft Store app to gain access to the Amazon Appstore, which is where you will find Android apps for Windows 11.

Twitter users experienced difficulties searching profiles, topics, and the feed on Saturday, 1 July. DownDetector first received reports of these issues at around 12pm (noon).

Baltimore Police, a tragic incident occurred in the Brooklyn neighborhood of South Baltimore early Sunday, where a mass shooting took place during a block party. The incident resulted in the loss of two lives and left 28 individuals wounded.