Month: October 2024

Nine IPOs Worth Rs 11,000 Crore to Hit the Market Next Week Amid Positive Sentiment

Manish Kumar

Three Major Listings Also Set to Take Place, Including Hyundai Motor India Despite the ongoing correction in the equity markets, the momentum in the primary market remains strong, with nine Initial Public Offerings (IPOs) worth nearly Rs 11,000 crore set to launch next week, starting from October 21. Both the mainboard and SME segments are gearing up for a flurry of activity, and three companies, including Hyundai Motor India, are scheduled for listing. While the benchmark indices—Nifty 50 and BSE Sensex—have experienced corrections for three consecutive weeks, experts believe that…

Delhi School Blast Triggers Multi-Agency Investigation

Manish Kumar

A powerful explosion outside the CRPF Public School in Rohini, Delhi, on Sunday has set off an extensive multi-agency investigation, with authorities now probing the possibility of a larger conspiracy behind the attack. The blast, which occurred in the Prashant Vihar area, sent shockwaves across the city and was reportedly heard up to two kilometers away, shattering windows and damaging nearby vehicles. The Explosion: Tactical and Devastating According to early reports, the explosion was a directional blast, designed to create a shockwave effect. Sources revealed that the explosives were strategically…

Seven Lives Lost in Dastardly Terror Attack in Jammu and Kashmir

Manish Kumar

In a shocking act of terror, six construction workers and a doctor were killed in a brutal attack in Jammu and Kashmir’s Ganderbal district on Sunday night. The terrorists targeted a camp of laborers working on a tunnel construction project along the Srinagar-Leh National Highway. The horrific incident has sent shockwaves across the nation, prompting strong condemnation from political leaders and a massive manhunt to bring the culprits to justice. The Attack: Unprovoked Violence at Worksite The attack took place in the Gagangir area of Sonamarg, where workers from a…

IMC 2024 Wraps Up on a Grand Note, Attracting 1.75 Lakh Attendees to Asia’s Biggest Digital Technology Event

Manish Kumar

 The 8th Edition of India Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), concluded by achieving the largest participation ever with over 1.75 lac participants attending the 4-day forum. The event was inaugurated by Hon’ble Prime Minister Narendra Modi, who called for global standards in ethical AI and data privacy and highlighted India’s tremendous opportunity to advance 6G technology for the world during his inaugural speech.   India Mobile Congress, Asia’s largest digital…

India, US Sign Deal Worth Rs 32,000 Cr For Buying 31 Predator Drones

Manish Kumar

India and the US have signed deals worth Rs 32,000 crore for the purchase of 31 Predator drones and the establishment of a Maintenance, Repair, and Overhaul (MRO) facility within the country. The agreement was signed in the presence of senior defence officials following the Cabinet Committee on Security’s (CCS) approval of the acquisition. Of the 31 drones, 15 will be allocated to the Indian Navy, with the remaining split equally between the Army and Air Force. According to defence officials, the foreign military sales contract was set to be…

Salim Khan Defends Salman Amid Blackbuck Case and Bishnoi Threats: “Why Apologize for Something He Didn’t Do?”

Manish Kumar

Gangster Lawrence Bishnoi has been in the news for issuing threats to Bollywood actor Salman Khan, demanding an apology for the blackbuck poaching incident or face dire consequences. The Bishnoi community holds blackbucks sacred, and Bishnoi has taken particular offense at Salman’s alleged involvement in the 1998 case. Despite being acquitted of the charge, the gangster continues to insist on an apology, making Salman his next target. Salman’s life has been under increased scrutiny and threat, raising concerns for his safety. Amidst this, Salim Khan, the actor’s father, has come…

India Mobile Congress 2024 Final Day: Policymakers and Industry Leaders Urge Collaboration for Digital Transformation

Manish Kumar

New Delhi, The 8th Edition of Indian Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), entered the final day witnessing policy makers and industry leaders coming together to call for greater collaboration in driving digital transformation. Key discussions centered on building a future roadmap for 5G, AI and emerging technologies, with a strong focus on public-private partnerships to foster innovation and digital inclusion. Further demonstrating this year’s theme of…

AI-based innovations shine at India Mobile Congress 2024, over 750 use cases showcased

Manish Kumar

Leading Tech & Telecom companies, Startups & Educational Institutes Showcase AI Innovations during the 4-day forum New Delhi,  Artificial Intelligence (AI) stood out as a key flavour of the season at India Mobile Congress 2024, as a diverse spectrum of tech and telecom companies, including startups and educational institutes, showcased over 900 technology use case scenarios, including 750 AI-based use cases during the 4-day forum at Pragati Maidan, New Delhi. During his inaugural visit to IMC 2024, Hon’ble Prime Minister Narendra Modi interacted with pioneering startups like Signalchip, Wisig Networks, including women-led startups like Astrome and…

Aspire Startup Program Showcases over 900 Startups; Facilitates 500 Investor Meetings, 100+ Mentoring Sessions at IMC 2024

Manish Kumar

Propels Tech & Telecom Innovation across sectors such as 5G applications, AI, Deep Tech, Green Tech and Smart Mobility Witnesses launch of STPI LEAP AHEAD 2.0 program for mentorship and funding up to Rs 1 crore New Delhi, 18th October 2024 – The India Mobile Congress (IMC) 2024, Asia’s largest telecom, media and technology forum, being held at Pragati Maidan from October 15-18, set the stage for a transformative future, featuring over 900 startups under its flagship startup program, Aspire, aimed at driving innovation across diverse sectors. Aspire, IMC’s flagship startup program provided…

Kotak Mahindra Bank to Acquire Standard Chartered’s $488 Million Personal Loan Portfolio: Strategic Move in India’s Expanding Loan Market

Manish Kumar

Kotak Mahindra Bank has announced its decision to acquire the personal loan portfolio of Standard Chartered Bank in India, a move that highlights Kotak’s aim to strengthen its position in the country’s highly competitive personal loan sector. The acquisition, valued at $488 million (Rs 41 billion), reflects both banks’ strategic shifts as they focus on different market segments in India. Kotak Mahindra Bank and India’s Personal Loan Sector Kotak Mahindra Bank, one of India’s leading financial institutions, is known for its diversified banking services, ranging from retail loans to wealth…