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New Delhi: The Enforcement Directorate (ED) has issued summons to former Trinamool Congress member of Parliament, Mimi Chakraborty, and Bollywood actress, Urvashi Rautela, asking them to appear before it on coming Monday and Tuesday, respectively, in connection with its larger money laundering probe against several illegal online betting platforms, which use multiple platforms for surrogate advertisements and collect funds from the users, officials said on Sunday. Chakraborty and Rautela, offic ...Read More >
Mumbai, Sep 12 (PTI) The Sebi board on Friday approved a slew of reforms and ease of doing business measures that will help IPO-bound large companies and low-risk foreign investors, among other segments. In a decision, which comes ahead of the mega initial public offerings (IPO) by NSE and Reliance Jio Infocomm, the Sebi board decided to recommend the government to amend the statutes governing minimum public offerings. Under the proposed framework, companies with a market capitalisation betwee ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
Srinagar, Sept 05: Meta is reviving one of Facebook's most nostalgic features -- the Poke. First introduced in 2004, the Poke was a playful way for users to greet friends, grab their attention, or simply interact without sending a message. "Sending pokes just got easier," Facebook announced in a carousel post, adding the caption: "It's time to start poking again." In an Instagram update, Meta confirmed that Pokes are being restored more prominently within user profiles on the Facebook app. "Po ...Read More >
Reliance AGM 2025 - Jio IPO Announced At its 48th Annual General Meeting (AGM) Reliance Jio made a lot of important announcements. The company also talked about a decade of transformative impact on India's digital landscape and also revealed the roadmap for the future. With more than 500 million users of the Jio family, chairman Mukesh Ambani declared the company's next chapter will be even more ambitious and will aim to reshape digitisation, connectivity and AI across the country.Reliance Jio p ...Read More >
New Delhi, Aug 29 (PTI) Jio Platforms, the entity that houses Reliance Industries' telecom and digital businesses, is gearing up for an initial public offering (IPO) and stock market listing in the first half of 2026, RIL Chairman Mukesh Ambani said Friday, sparking wide expectations that the share-sale could be the biggest in the country's history. Jio is currently a unit of Reliance Industries, India's most valuable company, and while the Reliance Industries Chairman did not disclose the quan ...Read More >
New Delhi, Aug 22 (UNI) OpenAI chief people officer (HR chief) Julia Villagra is set to leave the organization, as per the reports. A Chief People Officer (CPO) also known as Chief Human Resources Officer (CHRO) is a senior executive responsible for shaping and leading the human resource strategy of the organization. The move marks a leadership shakeup at artificial intelligence company OpenAI, as competition for top AI talent intensifies among rivals like Meta, Google, and Anthropic. Julia V ...Read More >
Chandigarh [India], August 22 (ANI): Punjab Minister Aman Arora on Friday expressed disappointment over the United States' decision to pause the issuance of worker visas for foreign commercial truck drivers. The reaction came after US Secretary of State Marco Rubio announced that the United States would temporarily halt issuing worker visas to commercial truck drivers, citing concerns related to road safety and job protection for American truckers. Also Read | FBI Raids Home of Former NSA John ...Read More >
(Reuters) -U.S. stock index futures slipped on Thursday, as investors stepped to the sidelines and awaited an earnings report from big-box retailer Walmart and clues on the Federal Reserve's next policy move from a three-day conference in Jackson Hole. A sharp decline in technology stocks such as Nvidia, AMD, Palantir and Meta earlier this week signaled investor fears that the stocks, which have soared since April lows, are now overvalued, while Washington's growing interference in the sector h ...Read More >
Mumbai (Maharashtra) [India], August 21: TransUnion CIBIL, India's pioneering insights and information company, is celebrating 25 years of building trust in India's credit ecosystem with a storytelling-led brand and consumer outreach campaign. Also Read | Jaipur Shocker: Woman Suffering From Scrub Typhus Dies After Driver Abandons Vehicle As Ambulance Runs Out of Oxygen in Rajasthan, Case Registered. At the heart of its silver jubilee celebration is 'CIBIL Ki Kahaniyan', a special edition of t ...Read More >
Mumbai (Maharashtra) [India], August 21: The Ministry of Textiles has reopened the portal for filing of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles, covering Man-Made Fibre (MMF) Apparels, Fabrics and Technical Textiles. The Portal for application will remain open till 31st August 2025 . Also Read | Meta Superintelligence Labs Hiring on Hold: Mark Zuckerberg's Company Temporarily Pauses Its Massive AI Talent Hiring Spree for 'Organisational Planning' and I ...Read More >
New Delhi, August 14: WhatsApp is reportedly rolling out a new Writing help assistant feature for Android users, which is said to be powered by AI private processing. As per reports, the tool is currently available to a limited group of users. The feature is said to focus on providing assistance in a private and secure manner so that the user data remains protected. WhatsApp aims to make communication smoother while maintaining privacy and offering users a smarter way to draft and refine their m ...Read More >
New Delhi, August 14: Cognizant, an IT services company, is reportedly preparing to implement salary hikes for a large portion of its workforce later this year. The development is said to target eligible employees and also aims to reward top performers in India. As per reports, the company is planning merit-based adjustments that could impact many employees across different roles in India. Cognizant is reportedly aligning this adjustment with its earlier statements during the second-quarter ear ...Read More >
New Delhi [India], August 14 (ANI): As India observes the Partition Horrors Remembrance Day, Union Minister of Commerce and Industry Piyush Goyal and External Affairs Minister on Thursday paid tribute to the people who sacrificed their lives during the Partition of India. Sharing an X post, Goyal said that on August 14, 1947, during the Partition of India, people endured the pain of violence, displacement and loss of loved ones. Also Read | Independence Day 2025: President Droupadi Murmu To Ad ...Read More >
Mumbai, August 14: In a bid to control costs amid soaring investments in artificial intelligence (AI) infrastructure, Oracle Corp. has reportedly cut over 150 jobs in its cloud infrastructure division, according to media reports. Employees in the Oracle Cloud Infrastructure (OCI) unit were informed this week about the eliminations, with major reductions in Seattle, the hub of the unit, and additional cuts in India. While some roles were axed due to performance-related issues, the company is stil ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
Shimla, Aug 14 (SocialNews.XYZ) Braving darkness, fast currents and unstable terrain, the Indian Army on Thursday said its swift response averted a potential tragedy when a sudden flash flood struck Hojis Lungpa Nala in Himachal Pradesh's mountainous Kinnaur district. The incident happened at around 7 p.m. on Wednesday. Triggered by a cloudburst in the higher reaches of the Rishi Dogri Valley, the deluge engulfed the bridge across the Sutlej River and injured one individual. The site was an ac ...Read More >
NEW DELHI: US-based Oracle is cutting jobs in its cloud unit in a bid to control costs amid heavy spending on artificial intelligence (AI) infrastructure, news agency Bloomberg reported, citing people familiar with the development. Part of the layoffs were related to performance issues; however, the cloud unit continues to hire workers, as per the report, which cited two unnamed people. Oracle has cut more than 150 jobs in the Seattle area, which is the unit's hub. The cloud infrastructure sol ...Read More >
Narendra Modi may speak at the UNGA in September. The 80th session starts on September 9. Donald Trump will address the session on September 23. Modi is scheduled to speak on September 26. Trade talks between India and the US continue. Trump imposed tariffs on India. India says the tariffs are unjustified. The UNGA session will address global conflicts. Prime Minister Narendra Modi is likely to address the annual high-level session of the United Nations General Assembly (UNGA) in September, acc ...Read More >
Fractal Analytics, India's first AI unicorn, has filed for an IPO in Mumbai, potentially valuing the company at over $3.5 billion. The IPO aims to raise approximately $560 million, with existing investors selling a significant portion of their shares. Fractal intends to capitalize on the growing investor interest in AI and India's increasing adoption of consumer technologies. Fractal Analytics, a provider of artificial intelligence and analytics services, filed for an initial public offering in ...Read More >
The Indian government is reinforcing creative freedom by maintaining strict regulations on OTT platforms through the IT Rules, 2021. Union Minister Ashwini Vaishnaw emphasized safeguards against harmful content while promoting the AVGC-XR sector. The Indian Institute of Creative Technologies aims to bolster industry skills with global partnerships. The Central Government on Wednesday renewed its pledge to protect creative freedom, highlighting regulations for Over-The-Top (OTT) platforms enforc ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) Railway Minister Ashwini Vaishnaw on Sunday said that India's first bullet train between Mumbai and Ahmedabad will commence operations "very soon," and it will reduce travel time between the two cities to just 2 hours and 7 minutes. Talking to reporters at the Bhavnagar terminus in Gujarat, after virtually flagging off three trains: the Ayodhya Express, Rewa-Pune Express, and Jabalpur-Raipur Express, Vaishnaw stated that the bullet train project is moving quick ...Read More >
New Delhi: To make Meta the king of the AI world, Mark Zuckerberg is on a hiring spree, for which he has given lucrative offers to the employees of Thinking Machines Lab, an American startup. During this recruitment process, Zuckerberg himself became a fan of a young man and offered him 125 million dollars, i.e. about Rs 1000 crores. The surprising thing was that the man turned down his offer of Rs 1000 crores, after which Zuckerberg himself went to meet him. According to American media, Meta ...Read More >
As per the ED, illegal online betting platforms have been defrauding the public, laundering large sums of money, and evading taxes running into crores of rupees. India's Enforcement Directorate (ED) has summoned representatives from Google and Meta as part of an ongoing money laundering probe into illegal online betting platforms, ANI reported on Saturday, citing official sources. According to ANI, the representatives of the two global tech firms have been asked to appear before the agency on ...Read More >
Tech giant Meta has apologized and said it has fixed an auto-translation issue that led one of its social media platforms to mistakenly announce the death of Indian politician Siddaramaiah. The chief minister of the southwestern Indian state of Karnataka posted on Instagram Tuesday in the local Kannada language, saying he was paying his respects to the late Indian actress B. Saroja Devi. He also paid tribute to the actress on Facebook and X. However, Meta's auto-translation tool inaccurately t ...Read More >
Srinagar, Jul 19 (PTI) Former separatist leader Bilal Gani Lone has held the Hurriyat Conference responsible for its own irrelevance, calling the separatist conglomerate "non-functional", while also slamming Pakistan for creating a "mess" and "fissures" in Jammu and Kashmir. The comments of Lone mark a significant departure from traditional separatist rhetoric, acknowledging that both the Hurriyat and Pakistan had "faltered" on opportunities to bring progress to the region. The next generation ...Read More >
The Gujarat chief minister's office (CMO) and the state secretariat in Gandhinagar received a bomb threat email, which turned out to be a hoax after a thorough search of the premises, police said on Saturday. A state government official received an email on July 17, in which the sender threatened to blow up the CMO and secretariat complex in the state capital, Deputy Superintendent of Police Divyaprakash Gohil said. "The Gandhinagar police, along with the CM security wing, swung into action on ...Read More >
New Delhi: The Enforcement Directorate has summoned representatives of tech giants Meta and Google as part of a money laundering investigation against a number of illegal online betting platforms, official sources said Saturday. The executives have been asked to depose before the agency on July 21 here and get their statements recorded under the Prevention of Money Laundering Act (PMLA), they said. There was no immediate response from the two companies. The federal agency is probing multiple pl ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, wit ...Read More >
New Delhi [India], July 19 (ANI): The Enforcement Directorate (ED) has issued notices to tech giants Google and Meta in connection with its ongoing investigation into alleged money laundering linked to betting applications, official sources said. As part of the probe, the ED has summoned representatives from both companies to appear before its Delhi headquarters on July 21. According to sources, Google and Meta platforms are promoting betting apps through advertisements and facilitating their ...Read More >
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