A Maine judge on Wednesday paused an election official's decision on former President Donald Trump's ballot status to allow time for the US Supreme Court to rule on a similar case in Colorado.

Trump's lawyers appealed in state court when Secretary of State Shenna Bellows removed the Republican front-runner from the presidential primary ballot but then asked the judge to pause proceedings to allow the US Supreme Court to rule on the Colorado case, which could render the lawsuit moot.

In a setback to Zee, the Supreme Court on Tuesday upheld a Delhi High Court order by referring a dispute between Essel Group entity Siti Network and Aditya Birla Finance to arbitration.

The 150-crore loan dispute involves Essel Group of Companies, Zee Entertainment Enterprises, Siti Networks Ltd, and Aditya Birla Finance. The court said all parties involved should raise their arguments before a sole arbitrator appointed by the Delhi High Court.

The Adani Group, one of the world’s largest infrastructure conglomerates, and the Telangana government on Wednesday signed four agreements committing investments worth more than Rs 12,400 crore in the state.

The memoranda of understanding were signed at the World Economic Forum in Davos in the presence of Telangana Chief Minister Revanth Reddy and Gautam Adani, chairman of the Adani Group.

Google announced a strategic move to optimise its global ad team by eliminating "a few hundred" positions, primarily from its "large customer" sales team, according to media reports. The layoffs signify the company's move towards leveraging artificial intelligence to enhance efficiency and creativity while providing better support for small and medium-sized businesses advertising on Google's platform.

According to one report by India Today, around 1,000 employees have reportedly received pink slips in this fresh round of layoffs.

The Securities and Exchange Board of India (Sebi) has levied a fine of Rs 10 lakh on Abhijit Pawar for contravening insider trading regulations in the context of Magma Fincorp, now known as Poonawalla Fincorp Ltd. Pawar, who is the nephew of Nationalist Congress Party (NCP) Chief Sharad Pawar, has been directed to settle the penalty within 45 days.

Sebi received an alert about potential insider trading involving certain entities in Magma's stock in February 2021.

BSNL will officially launch 4G services in the next three to four months or after reaching 20,000 base transceiver stations (BTS), BSNL CMD Pravin Kumar Purwar said on Tuesday. A BTS is a fixed radio transceiver in any mobile network, most often in the form of a tower.

Speaking at the sidelines of an industry conclave here, Purwar said the state-run telco has already installed 3,000 BTS across five circles in North India - Punjab, Haryana, Himachal Pradesh, Uttarakhand, and Uttar Pradesh West.

Larsen & Toubro (L&T) on Tuesday announced it has secured a mega contract from an authorised Japanese agency to construct an electrification system for the Mumbai-Ahmedabad High-Speed rail project in India. Valued in the range of Rs 10,000 crore to Rs 15,000 crore, the project, according to company executives, is the largest single rail-electrification order in India. The company said this would be the first of its kind railway project in India involving the implementation of Japanese Shinkansen.

IT major Wipro has forecast a muted sequential revenue growth of -1.5 per cent to 0.5 per cent in constant currency for the fourth quarter ended March 2024 as deal ramp ups and client decision making are yet to gain pace.

Margins for the second quarter are likely to be “range-bound” similar to the last few quarters, the management said during a media briefing.

The state-owned Life Insurance Corporation of India (LIC) received a notification for a tax refund worth Rs 25,464 crore from the Income Tax Department for 7 Assessment Years (AYs) from 2012-13 to 2019-20 except for 2015-16. This is related to the interim bonus paid to policyholders during the assessment period.

On Thursday, LIC reported to have got a tax demand for Rs 2133.67 crore for the seven years AYs and Rs 1395.08 crore for AY 2015-16.

The Mumbai Trans Harbour Link (MTHL), perhaps the most anticipated infrastructure project in the city, is set to open for regular traffic this Saturday, after Prime Minister Narendra Modi inaugurated India’s longest sea bridge on Friday.

Named the Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, the 21.8 km-long, six-lane engineering marvel, of which 16.5 km is in the sea, has been built at a cost of Rs 17,840 crore, and will cut the distance between the Mumbai island city and its satellite city Navi Mumbai shorter.

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