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A dismissed town mayor who fled the Philippines after being accused of helping establish an illegal online gaming and scam center catering to clients in China has been arrested near Indonesia’s capital

Blackstone Inc. has agreed to acquire AirTrunk in a deal valuing the Australian data centre operator at A$24 billion (US$16.1 billion), including debt and capital expenditure for committed projects.

₹58,000-crore quick service restaurant industry, the challenge form restaurant aggregators isn’t new. But the post-pandemic revenge dining boom has petered out, while Covid-driven surge in home deliveries continues. Consumers cutting back on spending to counter inflation has made it worse.

Manipur police have approached the Army on the use of 7.62mm MMG to train its personnel. Due to the deteriorating law and order situation in Manipur, the Manipur police Department has purchased these arms from Ordnance Factory Jabalpur. Unidentified miscreants torched the house of a retired police officer in Jiribam in Manipur. Assistant Director (Administration) in Manipur Police Training College, Pangei in a letter to the Colonel GS(Operation), 57th Mountain Division, Manipur, “Due to the deteriorating law and order situation in Manipur, the Manipur police Department has purchased a few 7.62mm MMG MK 2A1 from Ordnance Factory Jabalpur.The MMG's have already been collected and have reached the State. However, as Manipur Police does not have any trained manpower on the above-mentioned weapon, it is requested that a training team consisting of an MMG Det may please be provided to Manipur Police Training College, Pangei from your esteemed Troops of 57h Mountain Division”. The letter added, “A Training Schedule of 21(twenty-one) days has been proposed starting from 9th September 2024. Accommodation for the Training Team has been arranged at MPTC, Pangei. It is requested that the Training Team may please be made available before 7 th September 2024 at MPTC, Pangei.”

₹1,000 crore to doctors to prescribe the pain and fever reliever. Two years later, the government has decided to sharpen its glare on the marketing practices of pharmaceutical firms amid reports of these companies offering a range of freebies to doctors to promote their medicines. The department of pharmaceuticals, under the ministry of chemicals and fertilizers, has sought expenditure details from these companies on distribution of free samples, and expenses incurred on organising conferences, workshops, training and seminars, as part of a broader initiative to curb unethical marketing practices by drugmakers.

Nitin Gadkari on Wednesday said two-wheeler manufacturers should provide helmet to the purchaser of the vehicle at a discount or reasonable rate as many people die in road accidents just for not wearing helmets. Addressing an event here, Gadkari said 50,029 people lost their lives in accidents in the country in 2022 when they were not wearing helmets. «I am thinking of requesting two-wheeler manufacturers… if they can give some reasonable discount on helmets to the purchaser of the vehicle then we can save the life of the people,» he said. The road transport and highways minister also stressed on the need to plan the parking arrangement for school buses.

The Arc reported last week. To be sure, most quick commerce platforms already offer a limited number of items such as earphones, toasters and induction cooktops. The companies are expected to expand stocks and add new categories for the festive season.

Indian Space Station, Chandrayaan-4 plans ready for govt approval: Isro chairman Industry experts welcomed the move. Chaitanya Giri, fellow at think-tank Observer Research Foundation (ORF)’s Centre for Security, Strategy and Technology, said, “A collaborative move is good for India’s space startups.

The Apprentice" is all set to have its premiere at the Toronto International Film Festival (TIFF) 2024. The movie will also have a wide release at theatres across the US ahead of the November 5 Presidential elections 2024. «The Apprentice» will have its premiere at TIFF at 7 pm (local time) at the Bell Lightbox on Thursday, September 5, as per a report on Deadline. «The Apprentice» will also be released across more than 2000 theatres in the US on October 11, Deadline reported.

Dollar Tree is slashing its full-year earnings and sales forecasts as its customers continue to struggle with higher prices and spend less

California has reached a settlement with the city of Elk Grove over an affordable housing project

Members of the Nordstrom family are teaming up with a Mexican retail group and are offering to take the department store retailer private at $23 per share cash, months after first expressing interest in a buyout

A report on the deadliest U.S. wildfire in a century details steps communities can take to reduce the likelihood that grassland wildfires will turn into urban conflagrations

The Nifty 50 ended 0.32% lower at 25,198 points, while the S&P BSE Sensex fell 0.25% to 82,352.

Global stocks are tumbling after Wall Street had its worst day since early August, as a week full of economic updates got off to a weak start

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Zomato's recent acquisition of Paytm's entertainment business has put a cloud over KKR's planned investment in BookMyShow (BMS), India's largest online ticket-booking platform, said two people aware of the development. KKR is believed to be renegotiating with BMS over the deal size and valuation, said sources. KKR had earlier planned to invest about $250-300 million in Reliance Industries Ltd-backed BookMyShow to acquire a significant minority stake, ET first reported in January. The valuation of BMS then was estimated to be around Rs 7,500 crore ($900 mn), ET reported. A KKR spokesperson declined to comment, while BookMyShow did not respond to the queries sent on Saturday.

Swiggy has reported a 36% year-on-year (YoY) increase in its operating revenue to Rs 11,247 crore for FY24, driven by strong growth in its quick commerce vertical Instamart and out-of-home consumption business, according to the company’s annual report. The Bengaluru-based company significantly reduced its net loss for the year to Rs 2,350 crore, 44% lower than a year ago. By comparison, Swiggy’s key rival,Zomato, reported a net profit of Rs 351 crore in FY24. The fall in Swiggy’s losses was primarily on account of a controlled YoY increase of 8% in its total expenses. Swiggy cut down on staff costs, advertising and sales promotion spends.

Sun TV Network's revenue for the fiscal year 2023-24 experienced a significant boost, largely driven by its Indian Premier League (IPL) franchise, Sunrisers Hyderabad, and its SA20 franchise, Sunrisers Eastern Cape. The company's revenue from cricket franchises surged by 138% to Rs 659 crore in FY24, up from Rs 276 crore in the previous year. The company's consolidated revenue from operations surged 15% to Rs 4,787 crore, while net profit jumped 13% to Rs 1,925 crore. This increase was fuelled by a rise in revenue from the central revenue pool, which was supported by the Board of Control for Cricket in India’s (BCCI) record Rs 48,390 crore media rights deal with Disney Star and Viacom18 in 2022.

Beauty and fashion product retailer Nykaa has sued its former chief business officer Gopal Asthana, who now heads Tata Digital’s fashion business Tata Cliq, accusing him of breaching confidentiality, misappropriation of proprietary data and seeking to harm its business. It alleged that Asthana approached several Nykaa staffers who reported to him previously to join Tata Cliq and that some of them have made the switch over the past year. In its petition in the Bombay High Court, Nykaa said it had paid Asthana a substantial remuneration, including long-term incentives and in stock options. It sought a refund of around Rs 19 crore of employee stock option benefits availed of by him along with another Rs 5 crore citing loss of goodwill and other business metrics. The company also pleaded the court to restrain him from using any Nykaa business data for his work at Tata Cliq. The high court passed an interim order on Wednesday, directing Asthana to not engage in hiring executives for Tata Cliq from Nykaa.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...