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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
by PublisherThe 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
by PublisherPM 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
by PublisherElon 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
by PublisherThere 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&
by PublisherIndia’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
by PublisherIn 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.
by PublisherOn 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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