Provident Financial News

telcos will likely present a united demand before the regulator that new satcom players pay market-determined prices for spectrum – the single biggest capex item for telcos – when they compete with terrestrial network providers. Telcos have collectively spent `5.5 lakh crore to acquire this spectrum. Global biggies such as Elon Musk-owned Starlink and Amazon’s Kuiper are eyeing broadband services in India. Multiple people aware of developments told ET that Reliance Jio, Bharti Airtel and Vodafone Idea will be demanding that if satcom players are allowed to offer services in urban areas, serving retail or enterprise customers, a level playing field with terrestrial networks must be ensured.

The GoFundMe set up for the family of a young woman who was found dead inside of a walk-in oven at a Walmart in Halifax have paused donations after the amount quadrupled from the original ask.

Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips. Nvidia's stock market value briefly touched $3.53 trillion, while that of Apple was $3.52 trillion, according to data from LSEG. In June, Nvidia briefly became the world's most valuable company, before it was overtaken by Microsoft and Apple. The tech trio's market capitalizations have been neck-and-neck for several months. Microsoft's market value stood at $3.20 trillion.

For the first time under President Joe Biden, a federal permit for a new lithium mine in the U.S. has been approved

Atmecs Global said it will host the grand finale of its GenAI hackathon in Hyderabad on October 26-27. The hackathon, commenced on August 30 in collaboration with HackerEarth, has provided a platform for participants to demonstrate their technical prowess and creativity. The finale will focus on the themes, each of which poses a unique challenge for developers to address using Generative AI technologies, the company said in a statement. These themes are: 1. Enterprise RAG – Revolutionizing Decision-Making with Generative AI; 2. NIM (NVIDIA Inference Microservices) – Scaling AI Performance and Efficiency and 3. Healthcare Innovation – Transforming Medicine with Multimodal AI, the company with offices in Bengaluru, Chennai, Coimbatore and Hyderabad, added in its statement.

Subscribe to enjoy similar stories. The transport ministry has written to Ola Electric seeking an explanation for alleged quality issues reported by customers about the company’s electric scooters. The 11 October letter directs the EV manufacturer to provide details on affected models, the number of units sold, and the steps being taken to address mounting customer complaints.

Smartwatches under ₹1,500 are affordable and stylishAlso read: Amazon Great Indian Festival blockbuster Dusshera Sale: Over 70% off on smartwatches of all budgetsYou can get a good smartwatch in the range of ₹2,000–5,000. These smartwatches are loaded with features and come with different dial sizes and shapes. See our selection of these smartwatches and get big offers during this Amazon Diwali sale.

CNN town hall, Vice President Kamala Harris admitted she sometimes struggles to answer interview questions on the spot. When asked about her biggest weakness, Harris candidly explained that she often needs time to research specific policy issues to give a thoughtful response, rather than an immediate answer. Known for sometimes delivering what critics call “word salad” responses, Harris laughed as she acknowledged, “I may not be quick to have the answer… because I’m going to want to research it.”

Mobile internet services will remain suspended across Assam from 8.30 am to 4 pm on Sunday for the conduct of a government recruitment exam, an official notification said on Friday. This would be the third such instance in two months. «Mobile internet, mobile WiFi and mobile data services of all service providers will remain suspended from 8.30 am to 4 pm in the interest of holding free, fair and transparent written examination and also to prevent arising of any law and order issues having a bearing on public safety,» the order said. Mobile internet services were earlier suspended on two days in September during the conduct of similar exams by the state-level recruitment commission.

European Investment Bank (EIB) has sanctioned a €300 million (approximately Rs 2,731.02 crore) loan for Bengaluru suburban railway network. This will finance development of a new suburban railway network covering four dedicated rail corridors in Bengaluru. The network will stretch over a total of 149 kilometres (km) and include 58 stations with two depots, an EIB statement said. EIB said it has already supported Bengaluru's transportation sector with a €500 million loan to build the 23 km Bengaluru Metro R6 line and purchase a fleet of about 96 metro cars. The EIB’s support for transport in India includes the financing of metro investment in Agra, Bengaluru, Bhopal, Kanpur, Lucknow and Pune, with a total of €3.25 billion committed since 2016. This makes India the largest beneficiary of EIB transport financing outside Europe.

Subscribe to enjoy similar stories. Quick-commerce platform Zepto is planning to appoint a managed office operator for its new head office in Bengaluru, said three people familiar with the development. The startup, which is in the process of moving base from Mumbai to the southern city, is in talks with flexible workspace providers such as WeWork India, IndiQube and Awfis, the people said on the condition of anonymity.

Invest in a single bed now with Amazon Diwali offersAlso read: Amazon Great Indian Festival 2024: Score up to 55% off on the best mattresses, beds and sofa cumDouble beds are designed for couples or individuals who appreciate extra space to stretch out. They offer a comfortable sleeping arrangement for master bedrooms, guest rooms, or family accommodations.

Grab all the amazing offers on appliances before 29th October, as the Amazon Great Indian Festival Sale 2024 won't last for long! From washing machines to refrigerators, air conditioners, microwaves, and more—now is the perfect time to upgrade your home with top-brand appliances at massive discounts. Don't miss out on these exclusive deals, as the sale is ending soon. Hurry and make the most of these limited-time offers before they disappear!

Subscribe to enjoy similar stories. Months after slipping into the hands of Byju’s lenders, Great Learning is back in the black, mapping out an ambitious new chapter that could lead to an initial public offering (IPO). Flush with profitability and bolstered by organic growth, the edtech platform is now charting a course away from the turbulence at its former parent, Byju’s.

₹52,999 in India and went all the way up to ₹57,999 for the top end variant. If the leak does turn out to be true, it would signal that the iQOO 13 could be one of the only Snapdragon 8 Elite powered smartphones to not receive a price hike.

In a letter published on the Financial Times, Reeves wrote that her fresh fiscal framework «will provide the stability on which growth depends». She added that, in the upcoming Autumn Budget, the changes she will announce will seek to ensure day-to-day spending is matched by revenues and debt falls as a proportion of the UK's economy.  The latter is a measure that aims to «make space for increased investment in the fabric of our economy, and ensure we do not see the falls in public sector investment that were planned under the last government», the letter read.  Chancellor Rachel R...

Subscribe to enjoy similar stories. Handcarved marbled chuhas (rats) animate a drinking bowl in this decorative object by Ikkis. For details, Ikkis.in. Collektklove’s Nimbu Michi is crafted in coloured blown glass.

As part of his Rs 10,000 crore will, Ratan Tata's assets include a 2,000 square-foot beach bungalow in Alibaug, a 2-storey house on Juhu Tara Road in Mumbai, fixed deposits exceeding Rs 350 crore, and a 0.83% stake in Tata Sons, the holding company of the $165-billion Tata Group, which will be transferred to the Ratan Tata Endowment Foundation (RTEF).

Subscribe to enjoy similar stories. A year into the war in Gaza, Israel is back at the site of its first battles and engaged in one of the most ferocious campaigns of the conflict, a do-over that offers a cautionary tale for its other war in Lebanon. Homed in on northern Gaza, Israel has issued evacuation orders for every town north of Gaza City and dispatched two new brigades, in what the military says is its latest attempt to eradicate Hamas from the enclave.

Amazon Great Indian Festival Diwali Sale: Grab more than 80% off on tablets and accessories from Apple, Samsung and moreThe Amazon Great Indian Festival offers an excellent opportunity to find the best mice for your computing needs. With discounts during the Diwali sale, you can explore a variety of options, from wired to wireless models. Ergonomic designs provide comfort for long hours of use, while high-DPI sensors ensure precision for gaming and professional tasks.