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Shipping & logistics firm UPS opens India's first tech centre in Chennai

Shipping & logistics firm UPS opens India's first tech centre in Chennai

UPS, a global shipping and logistics firm, inaugurated its first technology centre in Chennai on Monday. The new centre is focused on innovations that aim to make business dealings easier for UPS customers.

The centre was inaugurated by Tamil Nadu Chief Minister M K Stalin, along with Industries Minister T R B Rajaa.

Trump, 18 others charged in 2020 election case to be arraigned on Sept 6

Trump, 18 others charged in 2020 election case to be arraigned on Sept 6

Former President Donald Trump and the 18 people indicted along with him in Georgia are scheduled to be arraigned next week on charges they participated in a wide-ranging illegal scheme to overturn the results of the 2020 election.

All 19 defendants, including former New York Mayor Rudy Giuliani and former White House chief of staff Mark Meadows, have been scheduled for arraignment on September 6, when they may enter pleas as well, according to court records. Trump starts off the day with a hearing at 9.30 am, with the other arraignments set to follow.

Prez Murmu releases commemorative coin on NT Rama Rao on his centenary yr

Prez Murmu releases commemorative coin on NT Rama Rao on his centenary yr

President Droupadi Murmu on Monday released the commemorative coin on Late NT Rama Rao on his centenary year at Rashtrapati Bhavan Cultural Centre.

According to a press statement from the President's Secretariat, speaking on the occasion, the President said that Late NT Rama Rao has enriched Indian cinema and culture through Telugu films. He breathed life into the prominent characters of Ramayana and Mahabharata through his acting. The characters of Lord Rama and Lord Krishna played by him became so alive that people started worshiping NTR.

Andhra CM Jagan Mohan Reddy releases Rs 680 cr to empower higher education

Andhra CM Jagan Mohan Reddy releases Rs 680 cr to empower higher education

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has disbursed Rs 680 crore under the 'Jagananna Vidya Deevena' scheme to benefit a staggering 932,235 students pursuing fields like engineering, medicine, polytechnic, and ITI.

Addressing a huge public meeting on the occasion at Chittoor's Nagari town on Monday, the Chief Minister said the government has been spending huge amounts on educational reforms as it strongly believes that education only can drive away poverty and other ills from society.

Reliance on NextGen: Isha, Akash, and Anant Ambani to be on board

Reliance on NextGen: Isha, Akash, and Anant Ambani to be on board

Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) on Monday announced the induction of the third generation of the Ambani family as directors on the company’s board, viewed as the start of a succession.

Speaking at the company’s annual shareholders’ meeting, Mukesh Ambani told shareholders he would remain chairman and managing director (CMD) for five more years, and mentor the three to-be-appointed directors of the board.

Hindenburg case: Sebi probe faults Adani group on disclosure rules

Hindenburg case: Sebi probe faults Adani group on disclosure rules

An investigation of India's Adani group by the market regulator has uncovered violations of rules on disclosures by listed entities and limits on the holdings of offshore funds, two sources with direct knowledge of the matter said.

The Securities and Exchange Board of India (SEBI) launched the inquiry after U.S.-based Hindenburg Research raised governance concerns around the Gautam Adani-led group, shaving more than $100 billion from the market value of its companies.

Go First extends flight cancellation till August 31 from August 27

Go First extends flight cancellation till August 31 from August 27

Debt-ridden airline Go First on Monday announced the extension of flight cancellations till August 31. Earlier, it had cancelled all flights till August 27.

The announcement was made on the social media platform X, formerly Twitter. In a post, the airline said, "Due to operational reasons, Go First flights until August 31 2023 are cancelled.

Zomato gains 6% after over 55 mn shares change hands via block deals

Zomato gains 6% after over 55 mn shares change hands via block deals

Shares of Zomato rallied 6 per cent to Rs 96 on the BSE in Monday’s intra-day trade after over 55 million shares of the online food ordering and delivery platform company changed hands on the bourses via block deals.

At 09:15 AM; around 31.98 million shares representing 0.39 per cent of total equity of Zomato changed hands on the National Stock Exchange (NSE), the exchange data shows. On BSE, around 26.5 million shares or 0.31 per cent stake of the company changed hands via block deal.

India is the solution to global supply-chain issues: PM Narendra Modi

India is the solution to global supply-chain issues: PM Narendra Modi

Prime Minister Narendra Modi on Sunday pitched India as a trusted partner for an efficient supply chain to the G20 business community, urging them not to look at the country just as a market to sell products. He was addressing the B20 Summit India 2023, which is the official G20 dialogue forum with the global business community, in New Delhi.

While addressing the meet, Modi said the world had irreversibly changed between the pre-pandemic and post-pandemic times, and India had become the face of digital revolution in the era of Industry 4.0.

Suzlon hits 8-year high; up 197% so far in FY24

Suzlon hits 8-year high; up 197% so far in FY24

Shares of Suzlon Energy zoomed 5 per cent, to a hit an 8-year high at Rs 23.49 on the BSE in Monday's intra-day trades backed by heavy volumes. The stock is now seen trading at its highest level since August 2015.

As of 09:35 AM; the stock quoted at Rs 23.35, up 4.3 per cent. The counter had seen trades of around 12.56 million shares so far on the BSE as against its 2-week average volume of around 34.52 million shares. In comparison, the S&P BSE Sensex was flat around 64,875 level.

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