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Hyundai Motor India aims to raise up to $3.26 billion via IPO, trading from Oct 22

Oct 10, 2024

Seoul/New Delhi, Oct 10 (IANS) The Indian subsidiary of Hyundai Motor is seeking to raise up to 4.4 trillion won ($3.26 billion) through an initial public offering (IPO), according to the carmaker on Thursday.Hyundai Motor said in a regulatory filing to the South Korean Financial Supervisory Service that the price band for the IPO for Hyundai Motor…

Justice Department’s radical proposals risk hurting consumers, businesses: Google

Oct 10, 2024

San Francisco, Oct 9 (IANS) Google on Wednesday said that the US Department of Justice’s (DOJ) radical and sweeping proposal to break-up the tech giant risk hurting consumers, businesses and developers.In its ongoing antitrust lawsuit over…

Technology

Increasing UPI 123Pay, UPI Lite limits to benefit more users

Oct 9, 2024

New Delhi, Oct 9 (IANS) The Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday announced an increase in pre-transaction limits for UPI 123Pay and UPI Lite payment mechanisms.With new guidelines, the users will soon be able to…

Technology

National Space Commission clears India’s 5th lunar mission ‘Lupex’

Oct 8, 2024

New Delhi, Oct 8 (IANS) After the success of the Chandrayaan-3 mission, the National Space Commission has cleared the fifth lunar mission -- the Lunar Polar Exploration Mission or Lupex.The Lupex mission will explore the Moon for water and…

Technology

Ola, Uber, Porter provide zero working conditions for gig workers: Report

Oct 8, 2024

New Delhi, Oct 8 (IANS) Ride-hailing companies Ola and Uber, along with logistics firm Porter, provide zero working conditions for gig workers, according to a report on Tuesday.The report by Bengaluru-based Fairwork India underscores labour…

Technology

Record 12.3 pc increase in AUM of mutual funds industry in July-Sep

Oct 8, 2024

New Delhi, Oct 8 (IANS) Asset under management (AUM) of mutual funds surged by a record 12.3 per cent to Rs 66.2 lakh crore in the July-September period in the country. This is the largest quarterly increase in mutual fund assets in the…

Technology

Vitamin C deficiency in elderly can cause abnormal bleeding, fatigue: Study

Oct 7, 2024

New Delhi, Oct 7 (IANS) Older adults suffering from abnormal bleeding, fatigue, and weakness, must be assessed for scurvy -- a disease caused by vitamin C deficiency, suggests a study on Monday.Detailing a case study of a 65-year-old woman…

Technology

Mercedes-Benz dealers told to mention only China’s CATL battery cells in EVs: Report

Oct 7, 2024

Seoul, Oct 7 (IANS) Mercedes-Benz car dealers in South Korea have apparently been trained by the company's local unit to tell customers that the automaker used battery cells produced exclusively by CATL in its electric vehicle (EV)…

Technology

Probe into TikTok over potential violation of personal data law

Oct 7, 2024

Seoul, Oct 7 (IANS) South Korea's media regulator is set to look into social media platform TikTok over a potential violation of the nation's personal data protection law, an official at the regulator said on Monday.TikTok is accused of…

Technology

AI can be as dangerous for world as nuclear weapons: EAM Jaishankar

Oct 6, 2024

New Delhi, Oct 6 (IANS) External Affairs Minister Dr S. Jaishankar on Sunday said that artificial intelligence (AI) will be a profound factor for the world, after nuclear weapons.Participating in the third edition of the Kautilya Economic…

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