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Jan 03, 2025 Lloyd Metals' Stock Options for Blue-Collar Workers, Some of Whom Are Former Maoists
Lloyd Metals' Stock Options for Blue-Collar Workers, Some of Whom Are Former Maoists

Lloyd Metals and Energy nominally shared the ownership of the company with its blue-collar workforce using stock options. On Thursday, Lloyd Metals and Energy granted stock options to its 6,000 workers, a majority of wage workers doing manual work in mines or factories. Some of these workers are former

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News   -   Jan 03, 2025 Apple Faces Allegations of Anti-Competitive Practices in App Store Probe
Apple Faces Allegations of Anti-Competitive Practices in App Store Probe

The Competition Commission of India's (CCI) investigation has found that Apple Inc. violated competition laws by mandating developers to use its in-app payment system for paid apps and purchases, Mint reported, citing sources. Apple, which charges up to 30% commission, has been provided a confidential report to prepare

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News   -   Jan 03, 2025 PM Modi to Unveil Cash Transfer Scheme a Month Ahead of Assembly Elections in Delhi
PM Modi to Unveil Cash Transfer Scheme a Month Ahead of Assembly Elections in Delhi

PM Modi will address a rally at Japanese Park in Delhi on Sunday. He is likely to make political announcements that will set BJP’s agenda for the Delhi election. The Times of India reported that he is likely to unveil a package for women which may surpass the Aam

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News   -   Jan 03, 2025 Starlink Devices Spark Security Concerns over Unlawful Use
Starlink Devices Spark Security Concerns over Unlawful Use

Elon Musk's Starlink is under fresh regulatory scrutiny in India after its satellite communications (satcom) devices were discovered from drug smugglers, after they were seized from insurgents, The Times of India reports. The Ministry of Home Affairs has raised concerns about these illegal communication channels and requested the

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Politics   -   Jan 02, 2025 Lalu Invites Nitish to the Opposition Camp Triggering Speculation About Possibilities
Lalu Invites Nitish to the Opposition Camp Triggering Speculation About Possibilities

There is much speculation in Patna and New Delhi about the possibility of a political upheaval in Bihar, which can impact the stability of the Narendra Modi government. The BJP on its own has only 240 MPs in the Lok Saha (Lower House) and is dependent on N. Chandrababu Naidu&

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News   -   Jan 02, 2025 Manufacturing Growth Slows to 12-Month Low in December
Manufacturing Growth Slows to 12-Month Low in December

India’s manufacturing growth slowed to a 12-month low in December, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, slipping to 56.4 from 56.5 in November. While still above the 50-point threshold signalling expansion, it marked the slowest growth rate in

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News   -   Jan 02, 2025 SENSEX, NIFTY Gain over 1.8% in Intraday Trading
SENSEX, NIFTY Gain over 1.8% in Intraday Trading

In a positive turn of events, markets reversed the downtrend of recent weeks. The NIFTY 50 rose 445.75 points, or 1.88%, to close at 24,188.65; while the SENSEX gained 1,436.30 points, or 1.83%, and was at 79,943.71 as trading ended.

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News   -   Jan 02, 2025 Nasscom Foundation Appoints Jyoti Sharma as CEO
Nasscom Foundation Appoints Jyoti Sharma as CEO

On Thursday, Nasscom Foundation, not-for-profit organisation representing the Indian tech industry, named Jyoti Sharma as its new chief executive officer (CEO), succeeding Nidhi Bhasin. Sharma, an alumnus of the Tata Institute of Social Sciences, brings over two decades of expertise in social impact, resource mobilisation, and stakeholder engagement. A New

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