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Foxconn, Apple, Samsung to receive Rs 4,400 cr under smartphone PLI scheme

Foxconn, Apple, Samsung to receive Rs 4,400 cr under smartphone PLI scheme

Apple Inc and Samsung, along with their contract manufacturers in India, are set to receive more than Rs 4,400 crore in incentives for meeting production targets in the financial year 2023 under the government's production-linked incentive (PLI) scheme for smartphones, according to a report by the Economic Times (ET). The beneficiaries also include Foxconn (Hon Hai), Wistron (now owned by Tata Group), Pegatron, Samsung, and Dixon Technologies, a homegrown electronics company.

Farmers will remain at borders until govt opens roads: Sarwan Singh Pandher

Farmers will remain at borders until govt opens roads: Sarwan Singh Pandher

The general secretary of the Punjab Kisan Mazdoor Sangharsh Committee, Sarwan Singh Pandher, said on Monday that the decision to March towards Delhi has not changed.

The farmer leader said that the groups of farmers will remain at the Shambhu and Khanauri borders till the government opens the roads to Delhi.

Vote-for-bribe cases: SC says no immunity from prosecution to MPs, MLAs

Vote-for-bribe cases: SC says no immunity from prosecution to MPs, MLAs

A seven-judge bench of the Supreme Court (SC) ruled that lawmakers, including Members of Parliament (MPs) and Members of Legislative Assemblies (MLAs), can be prosecuted under the Prevention of Corruption Act if they receive monetary benefits for their votes and speeches in Parliament or Assembly. This decision overturns the 1998 verdict of the apex court in the PV Narasimha Rao case.

A seven-judge constitutional bench led by the Chief Justice of India, DY Chandrachud, unanimously overturned the 1998 judgement delivered by a five-judge bench in the JMM bribery case.

Panic in Tamil Nadu as 2 schools get bomb threat emails, probe on

Panic in Tamil Nadu as 2 schools get bomb threat emails, probe on

Two schools in Tamil Nadu, the PSBB Millennium School in Coimbatore and a private school in Kancheepuram district, received bomb threats, causing alarm among students, teachers, and parents, a report by India Today said.

The PSBB Millennium School received a threatening email on Sunday night, while the private school in Kancheepuram received a hoax call on Monday morning.

Flipkart Internet receives Rs 924 cr infusion from its Singapore entities

Flipkart Internet receives Rs 924 cr infusion from its Singapore entities

Flipkart Internet, the marketplace arm of the Walmart-owned e-commerce giant Flipkart, has received a significant cash injection of approximately Rs 924 crore ($111 million) from its related entities based in Singapore. Regulatory filings with the Registrar of Companies (ROC) revealed that this infusion occurred in two parts during January.

Flipkart operates multiple units in India, encompassing various businesses such as logistics and the e-commerce marketplace.

Torrent Power soars 5% on bagging orders of Rs 3,140 cr; up 66% in 6 mths

Torrent Power soars 5% on bagging orders of Rs 3,140 cr; up 66% in 6 mths

Shares of Torrent Power soared 5 per cent on BSE to Rs 1,172 in Saturday's special trading session after the company won power supply projects worth Rs 3,140 crore. All securities will trade with revised circuit limits of 5 per cent today.

The stock of the power utility has surged 66 per cent in the last 6 months from a level of Rs 705 reached in September last year. In the past one month, it is up 10 per cent. Its 52-week high of Rs 1,235 was reached on 15th of last month.

Delhi court orders Bloomberg to remove 'defamatory' article against Zee

Delhi court orders Bloomberg to remove 'defamatory' article against Zee

A sessions court in New Delhi on Friday ordered Bloomberg Television Production Services India to take down an article published against Zee Entertainment Enterprises on February 21 after Zee argued that the article was “false and factually incorrect, with a pre-meditated and malafide intention to defame the company.”

The article mentioned details pertaining to corporate governance and business operations of Zee, which were inaccurate in nature and led to a 15 per cent drop in the share price of the company, Zee said in a statement.

CDC notifies guidelines for individuals, organisations to curb Covid spread

CDC notifies guidelines for individuals, organisations to curb Covid spread

In response to the ongoing challenges posed by the Covid-19 pandemic, the Centers for Disease Control and Prevention (CDC) have provided comprehensive guidelines aimed at preventing the spread of respiratory viruses.

These guidelines offer practical advice for individuals and organisations to navigate the complexities of illness, recovery, and preventing transmission.

Bengaluru blast: Cyberabad police conducts checks as precautionary measure

Bengaluru blast: Cyberabad police conducts checks as precautionary measure

The Karnataka police have intensified the investigation into the low intensity bomb blast at a popular eatery here, in which 10 people were injured, officials said on Saturday.

According to official sources, images of the suspect's movement have been captured by the CCTV cameras at the Rameshwaram cafe in Brookefield area and those nearby.

JSW Steel, Italy govt sign agreement to relaunch Piombino steel hub

JSW Steel, Italy govt sign agreement to relaunch Piombino steel hub

JSW Steel Italy has signed a memorandum of understanding (MoU) with the Italian government to relaunch the steelworks site of Piombino with an investment of 143 million euros.

In a statement, the company said that an MoU was signed with Italian authorities and its subsidiary, JSW Steel Italy SRL.

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