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Also read: Google has kept a ‘lid’ on internal comms through concealment strategies amid antitrust fears, report saysThe company confirmed that the iQOO 13 will feature a Q10 LTPO AMOLED display with a 144Hz refresh rate and 2K resolution. The smartphone will come with a triple-camera setup consisting of a 50MP main camera with a Sony IMX 921 sensor, a 50MP Sony portrait sensor and a 50MP ultra-wide camera. On the front, it will feature a 32MP selfie camera.

Subscribe to enjoy similar stories. BENGALURU : Enterprise e-commerce unicorn Moglix has acquired Uttarakhand-based Khatema Fibres Ltd, a manufacturer of eco-friendly paper products, for approximately ₹80 crore, as part of its strategy to bolster its sustainable packaging portfolio and cement its leadership in the industrial procurement space. The deal, announced by Moglix founder and CEO Rahul Garg, adds a suite of specialty packaging products—including high-strength kraft paper, food-grade packaging solutions, and machine-glazed papers—to its offerings.

buy call on Suzlon Energy with a target price of Rs 68. The current market price of Suzlon Energy Ltd. is Rs 62.35. Suzlon Energy Ltd., incorporated in 1995, is a Small Cap company with a market cap of Rs 84951.61 crore, operating in the Power sector. Suzlon Energy's key products/revenue segments include Wind Turbine Generator, Sale of services, Other Operating Revenue, Scrap for the year ending 31-Mar-2023.

Nvidia has reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust

Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts

A federal judge has signed off on a settlement agreement Wednesday in a class action lawsuit alleging that an algorithm designed to score rental applicants discriminated on the basis of race and income

Anand Selvakesari (Selva) has been the chief operating officer of Citi since March 2023. He isn't popular with all his colleagues, but anyone celebrating his downfall might want to put the party hats away.

Marc Rowan, the Apollo Global Management CEO, may soon be US Treasury Secretary. The Financial Times reports that he's the preferred candidate for the job. Bloomberg says that Rowan has his Treasury Secretary interview today, along with former Federal Reserve Governor Kevin Warsh.

The exercise is directed at minimising the tax burden in the US, where there is a provision to lower FMV taking into consideration various parameters such as stocks issued at lower prices, legal experts said. Another large fintech, Razorpay, which has sought board approval to move its domicile to India, may see a similar 30-40% cut in fair market value, said a person close to the matter. The final number may differ as the math on the tax outgo will depend on calculations involving the delta between common and preferred stock and total fundraising over the years. Preferred stock or preference shares come with a number of benefits not available to holders of common stock.

Jungle Ventures. At $1.2 million, the median funding raised by these companies is three times the overall median of $0.4 million, it said. These founders are raising significantly more funds than those by first-time entrepreneurs, and their businesses are largely concentrated on the top-ten funded sectors, such as fintech, retail, enterprise and healthtech, said the report, titled ‘The First Cheque Report 2024’. «Despite whatever has happened as first-time founders, these people are coming back and starting a second startup. These second-time founders are still pursuing their ventures instead of going back to corporate jobs and are raising money,” Jungle Ventures founding partner Amit Anand said.

oil refinery and a petrochemical hub at Ramayapatnam in Nellore district that entails an investment of Rs 60,000 crore, fulfilling a promise made at the time of the state’s bifurcation in 2014 and giving chief minister N Chandrababu Naidu a boost. Bharat Petroleum Corp. Ltd (BPCL) will establish the refinery and hub on 1,000 acres of land, said people with knowledge of the matter. As first reported by ET on July 11, the state government had offered three locations to BPCL — Srikakulam, Machilipatnam and Ramayapatnam. After a meeting with the BPCL’s senior leadership in July, Naidu had ordered detailed feasibility studies for the three sites. A formal announcement is likely to be made by the end of the month, said the people cited above.

Adani Green Energy, India's largest private sector renewable power company, on Wednesday raised $600 million through a 20-year bond, sources close to the development told ET. This issue comes a month after the group postponed a $1.2-billion bond offering as some investors differed over pricing of the instruments. ET reported on Monday the company would be raising $600 million through a bond issuance.

It is not immediately clear how a mountain of sensitive data, pertaining to resident Indians' undisclosed properties in Dubai and other cities in the UAE, landed in the hands of German authorities. Nonetheless, the ownership details of over 1,000 Indians have reached the income tax (I-T) department as per the 'spontaneous exchange of information' mechanism under the Double Taxation Avoidance Agreement (DTAA) between India and Germany, sources told ET.

Subscribe to enjoy similar stories. For India's steelmakers facing the lowest prices in the last four years, things may get worse before they get better. Top manufacturers including Tata Steel Ltd and the Steel Authority of India Ltd (SAIL) are bracing for a challenging December quarter, with a recovery expected only in the fourth quarter.

Subscribe to enjoy similar stories. Piramal Pharma Ltd is confident that the company’s American facilities can help it navigate the volatility in its largest market US following Donald Trump’s comeback, according to chairperson Nandini Piramal. Trump’s second inning is likely to spell uncertainty for pharma companies, she told Mint, referring to his plan to impose import tariffs to make American industry stronger.

Subscribe to enjoy similar stories. Global private equity firm Advent International is eyeing a controlling stake in listed luggage and travel accessories maker VIP Industries, three people with knowledge of the development said. This marks a revival of sale talks after almost a year when the Dilip Piramal-led promoter group first decided to pare stake.

Subscribe to enjoy similar stories. State-run Energy Efficiency Services Ltd (EESL) plans to sell its 49% stake in IntelliSmart Infrastructure Pvt. Ltd, its joint venture with National Investment and Infrastructure Fund Ltd (NIIF) for smart metering and digital solutions, two people aware of the development said.

Subscribe to enjoy similar stories. While new-age ventures received all the spotlight in the markets, hospitality companies have quietly drawn serious interest from investors after the post-pandemic boom in travel and tourism. Samhi Hotels Ltd, Apeejay Surendra Park Hotels Ltd and Juniper Hotels Ltd have gone public, and some big-ticket block deals have happened.

Subscribe to enjoy similar stories. Hyundai Motor India Ltd’s lukewarm stock market debut in October was followed by an equally underwhelming maiden quarterly performance. A key disappointment was the 70-basis-point (bps) sequential drop in operating margin, which fell to 12.8% in the September quarter (Q2FY25).

UFOs has revealed hundreds of new reports of unidentified and unexplained aerial phenomena but no indications suggesting an extraterrestrial origin. The review includes hundreds of cases of misidentified balloons, birds and satellites as well as some that defy easy explanation, such as a near-miss between a commercial airliner and a mysterious object off the coast of New York, as per a report. While it isn't likely to settle any debates over the existence of alien life, the report reflects heightened public interest in the topic and the government's efforts to provide some answers. Its publication comes after House lawmakers called for greater government transparency during a hearing on unidentified anomalous phenomena, or UAPs — the government's term for UFOs, AP reported. Federal efforts to study and identify UAPs have focused on potential threats to national security or air safety and not their science fiction aspects. Officials at the Pentagon office created in 2022 to track UAPs, known as the All-Domain Anomaly Resolution Office, or AARO, have said there's no indication any of the cases they looked into have unearthly origins.

The stakes are high, with speculation about Khamenei's successor and the broader implications for Iran's political landscape. Iranian journalist and analyst Ashkan Safaei Hakimi outlines two main scenarios: one where a new leader attempts to improve relations with the West, likely only creating a perception of reform, and another where political instability leads to a popular uprising and potential regime change. Khamenei has been Iran's supreme leader for nearly three decades, holding immense power over major issues like foreign policy and the nuclear program. Speculation about his health intensified after an October 27 New York Times report suggested his son, Mojtaba Khamenei, might be his successor. Over the weekend, rumors surfaced that Khamenei was in a coma, but Iranian state media countered these claims by publishing a photo of him meeting with Iran's ambassador to Lebanon, Mojtaba Amani.