The electronics manufacturing business from Tata Group, Tata Electronics today announced the acquisition of a controlling 60 per cent stake in Pegatron Technology India Private Limited (“PTI”). The financial details of the deal were not available, but this will allow the company to expand its local iPhone manufacturing.

This follows Tata Electronics’ acquisition of Wistron’s India operations in March 2024.

An explosion took place on Friday (January 24) morning at an ordnance factory in Maharashtra's Bhandara district. At least, eight people were killed in a blast at the ordnance factory, police said. There were 14 employees working in the section at the time of the blast, of whom three were rescued alive and one was dead, added the police.

Rescue and medical teams have been dispatched to the site to search for survivors, a defence spokesperson confirmed to PTI.

A day after Punjab Police personnel deployed in the security of AAP convenor Arvind Kejriwal were withdrawn, the former Delhi chief minister on Friday dubbed it as "pure politics".

"I regret that personal security has been politicised," he said addressing a press conference here.

Bandra Magistrate Court on Friday extended the police custody of the accused, who allegedly stabbed actor Saif Ali Khan at his residence last week, till January 29.

The court observed that there is substantial progress in the matter and to investigate other consequential aspects is necessary. The offence is serious and triable by the sessions court.

A Supreme Court bench headed by Chief Justice Sanjiv Khanna will hear a plea filed by former Haryana minister and five-time MLA Karan Singh Dalal seeking a policy for the verification of Electronic Voting Machines.

When the matter came up for hearing on Friday before Justices Dipankar Datta and Manmohan, the bench said the case shall be placed before the Chief Justice along with similar petitions.

Zee Entertainment on Thursday reported a 179.7 per cent rise in its consolidated net profit at Rs 163.6 crore for the third quarter of the financial year 2024-25 (FY25). During the same period last year the company had reported a net profit of Rs 58.5 crore. Sequentially, however, the company reported a 21.9 per cent drop in profit after tax from Rs 209.4 crore in the last quarter.

Reliance Industries Limited (RIL) has signed a Memorandum of Understanding (MoU) with Maharashtra government to invest Rs 3.05 trillion in the state across key sectors such as new energy, retail, hospitality, and high-tech manufacturing. This investment is expected to generate three lakh jobs in the state.

The MoU was signed at the World Economic Forum in Davos. Speaking about the partnership, Anant Ambani, director of Reliance Industries, said, “RIL has always been deeply committed to the idea of New India, under the visionary leadership of our honourable Prime Minister Narendra Modi.

An Indian appeals tribunal on Thursday temporarily suspended the Competition Commission of India's (CCI) five-year data-sharing ban between WhatsApp and its parent company Meta Platforms, affecting its other applications like Facebook and Instagram, particularly for advertising purposes, news agency Reuters reported.

Meta is challenging the CCI's November 2024 directive, which prohibits WhatsApp from sharing user data with its other entities for targeted advertising, arguing that the ban would adversely affect its operations in India.

With voting in Delhi assembly elections less than two weeks away, AAP national convener Arvind Kejriwal on Thursday vowed to eliminate unemployment in the national capital within the next five years.

In a video message, the former Delhi chief minister emphasised his focus on employment. "My top priority will be to provide employment to our youths. Our team is drafting a detailed plan to address the issue of unemployment," he said.

The Kerala Chief Minister Pinarayi Vijayan on Thursday said that while no assistance has come from the Centre till date for rehabilitation of survivors of Wayanad landslide, Rs 712.98 received in the Chief Minister's Disaster Relief Fund will be used for helping the survivors.

Vijayan said that the state had initially demanded a sum of Rs 2,221 crore for the landslide rehabilitation from the Centre, but as per the Post Disaster Needs Assessment (PDNA) report, more is expected.

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