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Nirma, Sekhmet Pharmaventures vie for $731 mn Glenmark Life stake: Reports

Suitors have entered final round of bidding for stake of about 83% in Mumbai-listed company held by Glenmark Pharmaceuticals Ltd., said people, who asked not to be identified as information is private

Nirma, Sekhmet Pharmaventures vie for $731 mn Glenmark Life stake: Reports
Updated On : 14 Jul 2023 | 1:39 PM IST

Musk still owes us $1.6 mn for legal bills: Ex-Twitter executives

The group - led by ex-Twitter Chief Executive Officer Parag Agrawal - says the legal bills accrued in connection with lawsuits and government probes of the company's activities while they ran it

Musk still owes us $1.6 mn for legal bills: Ex-Twitter executives
Updated On : 14 Jul 2023 | 12:55 PM IST

Actors go on strike in latest blow to struggling Hollywood studios

The impact of the simultaneous strikes, if they last more than a few days, is likely to be wider than the walkout by the writers alone

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Updated On : 14 Jul 2023 | 12:51 PM IST

Here's what makes South Korea the world's fastest-growing whisky market

The higher price tag is worth it, according to Choi and many of his peers. South Koreans consumed 14.2 million liters of whisky in 2022, small amount compared with other nations, but up 46% from 2021

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Updated On : 14 Jul 2023 | 12:51 PM IST

Yamuna river reclaims ancient banks around Red Fort as Delhi floods

Authorities have evacuated more than 20,000 people in the city after torrential rain in northern India pushed water levels on the Yamuna to an all-time high

Yamuna river reclaims ancient banks around Red Fort as Delhi floods
Updated On : 14 Jul 2023 | 12:30 PM IST

Passport, money, AirTag? Here's what has brought luggage woes back

A year after air travel stormed back from pandemic lows, overwhelming the system with airport chaos and luggage pileups, airlines are still struggling to keep up

Passport, money, AirTag? Here's what has brought luggage woes back
Updated On : 14 Jul 2023 | 11:20 AM IST

Prices of Chinese gallium steady after rush to beat export curbs eases

Inquiries from foreign buyers have dissipated, researcher Shanghai Metals Market said, citing market participants. Risks rising as shipments may not able to leave before curbs kick in next month

Prices of Chinese gallium steady after rush to beat export curbs eases
Updated On : 14 Jul 2023 | 9:26 AM IST

Aspartame 'possibly' carcinogenic, yet safe at common use levels, says WHO

Citing the results of two new assessments of the health impact of the popular artificial sweetener, the WHO said that it has "limited evidence" that aspartame can cause cancer in humans

Aspartame 'possibly' carcinogenic, yet safe at common use levels, says WHO
Updated On : 14 Jul 2023 | 6:58 AM IST

Foxconn's change of heart on semiconductor factory a warning to India

Even if the government's targets for export growth are met, we will still be some distance behind smaller countries such as Vietnam

Foxconn's change of heart on semiconductor factory a warning to India
Updated On : 14 Jul 2023 | 6:52 AM IST

India to make second Moon landing attempt today as space race heats up

The Chandrayaan-3 is scheduled to blast off at 2:35 p.m. local time Friday from India's main spaceport on Sriharikota, an island off the southern state of Andhra Pradesh

India to make second Moon landing attempt today as space race heats up
Updated On : 14 Jul 2023 | 6:48 AM IST

US jobless claims dip to 237,000 as labour market stays resilient

Applications for unemployment benefits have remained largely steady at historically low levels over the last few months, even as other labour-market indicators have suggested an emerging slowdown

US jobless claims dip to 237,000 as labour market stays resilient
Updated On : 13 Jul 2023 | 10:04 PM IST

Meta's Twitter challenger 'Threads' to raise stakes for Snap, Pinterest

Amid gains in megacap tech stocks, Meta has soared 161% this year, second only to Nvidia Corp. among components of the Nasdaq 100 Index

Meta's Twitter challenger 'Threads' to raise stakes for Snap, Pinterest
Updated On : 13 Jul 2023 | 9:55 PM IST

OpenAI's ChatGPT bot probe requested by US FTC over consumer harms

FTC Chair has raised concerns about AI, saying enforcers "need to be vigilant early" with transformative tools like artificial intelligence

OpenAI's ChatGPT bot probe requested by US FTC over consumer harms
Updated On : 13 Jul 2023 | 9:02 PM IST

Twitter asks court to end US FTC order over its data privacy practices

Twitter in the filing said the FTC has "pummeled" the company with "burdensome letters and requests for depositions," issuing demands for information as frequently as one letter every other week

Twitter asks court to end US FTC order over its data privacy practices
Updated On : 13 Jul 2023 | 8:54 PM IST

Caution about Bitcoin grows as jump in global markets bypasses crypto

The largest digital asset on Thursday mostly held losses of 0.7% from a day earlier, while stocks and bonds extended gains on bets that an end to Federal Reserve monetary tightening is getting closer

Caution about Bitcoin grows as jump in global markets bypasses crypto
Updated On : 13 Jul 2023 | 2:54 PM IST

Barclays and Yes Bank raise India's inflation forecast as prices jump

Surging prices of vegetables and pulses pushed up inflation to a three-month high of 4.81% last month, ending four months of moderation

Barclays and Yes Bank raise India's inflation forecast as prices jump
Updated On : 13 Jul 2023 | 12:37 PM IST

India mulls banning exports of most rice varieties as local prices surge

The government is discussing a plan to ban exports of all non-Basmati rice, according to people familiar with the matter

India mulls banning exports of most rice varieties as local prices surge
Updated On : 13 Jul 2023 | 12:31 PM IST

Remote work to wipe out $800 billion from office values, says McKinsey

Covid-19's push toward hybrid work has driven the need for office space down with vacancy rates rising, McKinsey Global Institute said Thursday in a report

Remote work to wipe out $800 billion from office values, says McKinsey
Updated On : 13 Jul 2023 | 9:48 AM IST

Fossil-fuel demand for electricity may have peaked following RE's growth

From China to Europe, the capacities of solar, battery and wind power are surging, the Rocky Mountain Institute said in an analysis released Thursday

Fossil-fuel demand for electricity may have peaked following RE's growth
Updated On : 13 Jul 2023 | 9:48 AM IST

Google unveils NFT policy for Play Store to incorporate tokens into games

NFT investors, who have watched prices of their collections fall and interest in the digital-asset market wane, see the changes in Google's policy as a sign that the market is not dead yet

Google unveils NFT policy for Play Store to incorporate tokens into games
Updated On : 13 Jul 2023 | 9:24 AM IST