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IIT Bombay secures record Rs 700 crore fund for research and development

Sep 7, 2024

New Delhi, Sep 7 (IANS) The Indian Institute of Technology (IIT) Bombay secured a record Rs 700 crore as an annual grant for research and development in 2023-24.This is the highest funds received in the last three years. In 2022-23, the institute received Rs 576 crore, and Rs 502 crore in 2021-22.The R&D funds are a combination of those…

Hackers behind Rs 2,000 crore WazirX theft begin laundering stolen assets

Sep 7, 2024

New Delhi, Sep 7 (IANS) The hackers behind the Rs 2,000 crore (about $234 million) WazirX theft have started withdrawing the stolen digital assets and have reportedly laundered more than $12 million via Tornado Cash platform.According to…

Business

WhatsApp, Messenger to allow messages from 3rd-party services in EU: Meta

Sep 7, 2024

New Delhi, Sep 7 (IANS) Meta has announced plans to allow third-party services in WhatsApp and Messenger for users in the European Union, who will soon be able to put messages in the same inbox as third-party chats or keep them…

Business

Second Byju’s auditor exits in a year, embattled edtech firm responds

Sep 7, 2024

New Delhi, Sep 7 (IANS) Grappling with several issues, Byju’s has found itself in new controversy as its auditor BDO resigned with immediate effect, highlighting multiple issues with the embattled edtech firm, including significant delays…

Business

40 pc works of Bhogapuram Airport completed, says Civil Aviation Minister

Sep 7, 2024

Visakhapatnam, Sep 6 (IANS) Civil Aviation Minister K. Rammohan Naidu on Friday revealed that 40 per cent of works of the Bhogapuram International Airport in Andhra Pradesh's Vizianagaram district have been completed. After a visit to the…

Business

‘Symbol of India’s growth, aspirations’: Maha Governor unveils statue of iconic…

Sep 7, 2024

Mumbai, Sep 6 (IANS) The National Stock Exchange (NSE) is not just a financial institution; it is a symbol of India's growth and aspirations, Maharashtra Governor C.P. Radhakrishnan said after unveiling the iconic Bull statue at the NSE…

Business

RBI penalises 3 housing finances firms for violating norms

Sep 7, 2024

New Delhi, Sep 6 (IANS) The Reserve Bank of India on Friday imposed monetary penalties on Godrej Housing Finance Ltd, Aadhar Housing Finance Ltd, and Housing and Urban Development Corporation Ltd over non-compliance. The central bank…

Business

Suzuki Motorcycle India closes August’24 with total sales of 1,04,800 units

Sep 6, 2024

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, on 2nd September 2024 announced its sales for August 2024.

Business

Swiggy discloses Rs 33 crore fraud by ex-junior employee, takes legal route

Sep 6, 2024

New Delhi, Sep 6 (IANS) IPO-bound food delivery platform Swiggy has disclosed that a former junior employee allegedly embezzled more than Rs 33 crore over a period of time from one of its subsidiaries.As per reports, the Zomato rival…

Business

Women-led startups to put India on global map: Dr Jitendra Singh

Sep 6, 2024

New Delhi, Sep 6 (IANS) Women-led startups will place India on the global map in years to come, Dr Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, said on Friday.Emphasising India's roadmap to become…

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