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Trump's election has put US companies and those who have American companies as top clients in a 'wait and watch' mode, as they have put a pause on making further investments in India. This is causing worry among several state governments, with officials telling ET that companies are holding off on finalising large investments as they await clarity on Trump's policies after his inauguration as President on January 20. Several of them also expect the Trump administration's policies to favour India over China and see it as a positive for Indian businesses. «There is too much uncertainty right now,» one person from a large electronics manufacturing services firm said. «Any further investment into India is on hold until we get clarity on what Trump's policies will be,» the person said. «We are also heavily reliant on our clients and their strategy to base our next moves and at the moment our clients are not wanting to commit to anything further as they may have to set up more factories in the US. We will ultimately go where the client wants.»

FPL Technologies, which runs credit card issuance and digital payments platform One Card, has secured around $25.5 million in a fresh funding round led by QED Investors. Peak XV Partners, Z47 (previously Matrix Partners India) and Better Tomorrow Ventures also participated in the round. Armed with the fresh funds, FPL Technologies said it will strengthen its technology infrastructure and invest in the development of new products by collaborating closely with regulated entities like banks. FPL Technologies, which was founded in 2019 by former senior ICICI Bank executives Anurag Sinha, Vibhav Hathi and Rupesh Kumar, has raised $262 million in equity funding over multiple funding rounds. The startup was last valued at around $1.3 billion.

N Balachandar, senior vice president and group chief people officer at Bhavish Aggarwal-led Ola group, has quit, people in the know said. Balachandar was appointed as the chief human resources officer of Ola Electric in May 2021 and was elevated to the group level later that year. He headed the HR function for ride-hailing firm Ola Cabs (now Ola Consumer), listed electric two-wheeler maker Ola Electric and artificial intelligence startup Krutrim. One of the people said Balachandar has started a management consultancy firm. “He had been in discussions with Bhavish (Aggarwal) for several months to resign…finally he left last month (in November),” the person said.

Donald Trump had claimed that Canada should become US' 51st state, rather than an independent country, a statement that has brough in a lot of criticism from Canadian leaders and citizens. Meanwhile, with Trump coming to power in January, there are high chances that the United States may indulge in some major land purchasing deals, and expand its territories further.

Jimmy Kimmel humorously speculated on the potential fallout between US President- elect Donald Trump and renowned tech billionaire Elon Musk specifically if Elon Musk ends up winning the Time magazine's 2024 ‘Person of the Year’ over Donald Trump, reported Huffpost. According to Huffpost, Jimmy Kimmel actually quipped that such an outcome would lead to their relationship ending dramatically while likening it to a SpaceX rocket explosion. Also Read: Who is Matthieu Blazy? Here’s what you need to know about him

former US President Bill Clinton actually discussed the possibility of US President Joe Biden preemptively pardoning his wife named Hillary Clinton amidst threats of further investigations from US President- elect Donald Trump ally Kash Patel, reported Daily Beast. According to Daily Beast, Bill Clinton eventually emphasized on the fact that Hillary Clinton did nothing wrong at all regarding the email controversy while noting that the State Department of Donald Trump actually found no evidence of her sending classified emails from her personal device. He also expressed his severe skepticism about the need for a pardon while suggesting that any accusations made by Kash Patel would likely be fabricated.

US Supreme Court grants bail in the NVIDIA case, permitting a shareholder lawsuit to move forward. The technical details of the hearing seemed to overwhelm the justices. The NVIDIA case that the US Supreme Court had previously agreed to hear was dismissed as improvidently granted. The ruling permits the majority of the shareholder lawsuit against the chip manufacturer to move forward, as quoted in a report by Engadget. A pension fund and an investment firm filed the lawsuit against NVIDIA, alleging the company misled investors about its dependence on the cryptocurrency mining sector. The lawsuit alleges that before a 2018 crash that caused the chip maker's stock prices to plummet, NVIDIA concealed its reliance on the market.

On Wednesday, soccer's governing body delivered Saudi Arabia the biggest prize of all: the men's World Cup in 2034. No other competition on the planet attracts as many eyeballs as the century-old quadrennial, a national team competition that thrusts host nations into center stage in a way only the Summer Olympics can match.

India's growth story may not have been as sparkling as China's but it's more balanced, thanks to its more judicious investment-consumption mix, Boston Consulting Group's global chief economist Philipp Carlsson-Szlezak said. «When you look at it carefully, China's growth has been very unbalanced-very much focused on capital accumulation, neglecting consumption. And that is now catching up with China,» he told ET in an interview. «To me, from afar at least, it looks like India is on a more balanced path. I presume you can do a lot more capital investment-both public and private. But the fact that consumption is already a significant share of output, to me, it looks much more balanced,» he added. However, additional tariffs on Chinese goods, as pledged by US president-elect Donald Trump, may not necessarily divert massive investments by global corporations away from China, he reckoned.

After missing India's big win in the first test in Perth to be with his newborn son, opener Rohit dropped down the order at the Adelaide Oval where he managed just nine runs as the tourists crashed to a 10-wicket defeat inside three days. The resumption of Rohit's run of low scores provided more ammunition for his critics, who contend that the 37-year-old is now dead weight in the team.

Matthieu Blazy, the French-Belgian national, since 2021 has served as Bottega Veneta's creative director. In 2025, he will join the legendary French house. Chanel announced on Thursday, after months of intense speculation, that Matthieu Blazy has been appointed as its artistic director of the house's fashion activities. Blazy will oversee all haute couture, ready-to-wear, and accessory collections. The president of Chanel Fashion and Chanel SA, Bruno Pavlovsky, will receive his reports. In a joint statement, Chanel's global CEO Leena Nair and global executive chairman Alain Wertheimer referred to the designer as one of the most gifted designers of his generation. His talent and vision will strengthen the brand's energy and our position as a luxury leader.

Sullivan’s Crossing, a drama series based on Robyn Carr’s bestselling book series, will return for a third season. The CW made the announcement ahead of the Season 2 finale.

Robert Payas, along with other ex-LTTE personnel based abroad, have been trying to revive it in Tamil Nadu since 2019, as per the investigation by agencies. NIA in 2022 carried out searches and came across the involvement of Suresh Raj and Soundar. «Accused Soundar had voluntarily confessed that his uncle Balan Jayakanthan, an ex-LTTE cadre, instructed him to meet Robert Payas (an accused in the Rajiv Gandhi assassination case) for monetary assistance for his education and Robert Payas, in turn, instructed him to meet Sabesan, an ex-LTTE cadre and through Sabesan, the two developed an association and indulged in subversive activities,» the order stated.

From blockchain developers to smart contract specialists, professionals across domains are vying to acquire in-demand skills, as companies, particularly in banking and IT, embrace blockchain for secure and scalable solutions. The post-2021 bull run and NFT boom have introduced blockchain to the mainstream, creating a wave of professionals eager to transition into the crypto and Web3 space.

Thyssenkrupp Marine Systems (TKMS), which is bidding for a major contract to manufacture six new diesel electric submarines in India for a Navy order, said it is looking to expand its footprint and has pitched for the creation of a joint warship building hub, estimating that it can be up to 50% cheaper to make submarines and warships here. «Together with MDL (Mazagaon Dockyards Limited, which is the partner for the submarine contract), there could be a hub for technology, which will generate more orders. This is really an opportunity to go beyond the P75I (the submarine contract), which will generate, of course, more jobs,» TKMS CEO Oliver Burkhard said.

Visiting UAE foreign minister Sheikh Abdullah Bin Zayed Al Nahyan and external affairs minister S Jaishankar, among other issues, focused on the power vacuum and absence of institutional governance in Syria amid pro-Al Qaeda-ISIS transition government taking over power, it is learnt. The two sides are also understood to have discussed implications of the Syrian developments and ISIS-Al Qaeda gaining in strength in the region. The Gaza-Lebanon situation is also understood to have been discussed.

While Lauritz Knudsen and Mumbai Indians have declined to comment on the financial details, the deal is estimated to be worth approximately ₹40 crore per year, totaling ₹120 crore over three years. This agreement surpasses the previous ₹30 crore-per-year deal that the franchise had with the fintech company Slice. Lauritz Knudsen, formerly known as L&T Switchgear and part of the Schneider Electric Group in India, aims to boost its visibility in the country through its association with the Mumbai Indians.

Supreme Court on Thursday directed the Delhi government and NCR states to take a final call on banning firecrackers throughout the year. A bench comprising justices Abhay Oka and Augustine George Masih directed the states to take a final call in this regard and communicate the same to the top court. The ban is required to curb not only air pollution but also noise pollution, the bench said.

Selena Gomez unveils Benny Blanco's engagement ring and she will soon get married. The celebrity recently announced her engagement to Benny Blanco. The actress from Only Murders in the Building posted a picture of what looks to be a diamond engagement ring on Instagram on Wednesday night. «Forever begins now,» she wrote as the caption for the set of pictures, which featured her holding music producer boyfriend Blanco and another of her lounging on a picnic blanket. «Hey wait… that's my wife,» Blanco, with whom Gomez had disclosed her relationship after months of rumours back in December 2023, also commented on the post.

The fire is believed to have originated in the reception area on the ground floor, with a short circuit suspected as the cause. The flames quickly spread throughout the building, engulfing multiple floors. Firefighters battled the blaze for over an hour, working tirelessly to bring it under control. «Unfortunately, the victims succumbed to suffocation due to the thick smoke that filled the hospital,» said a spokesperson from the fire service. Rescue teams are still on the ground, continuing their search for patients who may be trapped inside the building.