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Coromandel says normalcy restored after ammonia leak at Chennai plant

Dec 27, 2023

New Delhi, Dec 27 (IANS) Coromandel International said on Wednesday that normalcy has been restored at its Ennore Plant in Chennai after reports of an ammonia gas leak. “As part of routine operation, we noticed abnormality on 26/12/2023 at 23.30 hrs in the ammonia unloading subsea pipeline near shoreside, outside the plant premises. Our Standard…

RBI comes out with draft to simplify licensing norms for money changers

Dec 27, 2023

Mumbai, Dec 27 (IANS) The Reserve Bank of India (RBI) has come out with a set of new draft norms aimed to simplify and rationalise the authorisation of money changers for facilitating foreign exchange-related services.The review of the…

Business

Adani Green completes JV with TotalEnergies, raises USD 300 mn

Dec 27, 2023

New Delhi, Dec 27 (IANS) Adani Green Energy Limited (AGEL) on Wednesday announced the completion of the 1,050 MW joint venture (JV) with TotalEnergies.As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for…

Business

Tesla now a key player in S Korea amid strong demand for German cars

Dec 27, 2023

Seoul, Dec 27 (IANS) Elon Musk-run electric carmaker Tesla has emerged as a major player in South Korea's imported passenger vehicle market this year, with BMW, Mercedes-Benz and Audi set to close the year as the three best-selling brands,…

Business

Ex-Japan PM Yukio Hatoyama commends global efforts for world peace at historic Hyderabad assembly

Dec 27, 2023

New Delhi, Dec 27 (IANS) In a historic and visionary message addressed to Dr Tony Nader, esteemed Chairman of the Global Union of Scientists for Peace, Dr Yukio Hatoyama, former Prime Minister of Japan (2009-2010), enthusiastically…

Business

Amazon Prime Video to stream ads during movies, TV shows from Jan 29

Dec 27, 2023

San Francisco, Dec 27 (IANS) Amazon Prime Video will show advertisements during movies and TV shows from January 29, as it aims to expand its ad business and increase revenue from entertainment. Prime Video customers will have the option…

Business

Hackers stole nearly $2 bn in cryptocurrencies in 2023

Dec 27, 2023

New Delhi, Dec 27 (IANS) Hackers stole around $2 billion in cryptocurrencies in 2023, a substantial decrease from an all-time record of around $3.8 billion in 2022.Among the major hacks this year was Hong Kong-based crypto company Mixin…

Business

Apple appeals ban on Watch Series 9, Ultra 2 in US

Dec 27, 2023

San Francisco, Dec 26 (IANS) Apple on Tuesday filed an appeal to the International Trade Commission’s (ITC) decision to ban sales of Watch Series 9 and Watch Ultra 2 models in the US.In a court filing, Apple said that the company "will…

Business

Axis Bank files insolvency petition against Zee Learn

Dec 27, 2023

New Delhi, Dec 26 (IANS) Zee Learn said on Tuesday that a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 has been filed by Axis Bank Ltd to initiate Corporate Insolvency Resolution Process (CIRP) of the company, before…

Business

Carmaker Daihatsu shuts production over safety tests scandal

Dec 27, 2023

London, Dec 26 (IANS) Toyota-owned carmaker Daihatsu has closed all four of its plants until the end of January, after admitting it had falsified safety tests, a media report said. Daihatsu admitted that it had been manipulating safety…

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