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Tata Elxsi to partner with Qualcomm for next-gen mobility solutions

Tata Elxsi to partner with Qualcomm for next-gen mobility solutions

Design-led technology services provider Tata Elxsi on Friday said it plans to work with Qualcomm Technologies to accelerate the adoption of Software-defined Vehicle (SDV) for next-generation mobility, leveraging Qualcomm's Snapdragon automotive platform.

Under this, the company said, it aims to utilise the Snapdragon Digital Chassis Virtual System-on-chips (VSoCs) to help revolutionise the SDV development process, enabling R&D teams to accelerate software development and validation.

Is HMPV another Covid-19-like scare in China? What we know so far

Is HMPV another Covid-19-like scare in China? What we know so far

Five years after the onset of the Covid-19 pandemic, China is grappling with an outbreak of the human metapneumovirus (HMPV). Reports and social media posts suggest that the virus is spreading rapidly, with allegations of overwhelmed hospitals and crematories. Online videos show overcrowded hospitals, while users claim that multiple viruses — including influenza A, HMPV, Mycoplasma pneumoniae, and Covid-19 — are circulating simultaneously.

Adani Group's US SEC, NY cases assigned to one judge for efficiency

Adani Group's US SEC, NY cases assigned to one judge for efficiency

The civil and criminal cases against the Adani Group, pursued by the US Securities and Exchange Commission (SEC) and the Eastern District of New York, have not been “combined.” Instead, they have been assigned to a single judge in a US court to streamline proceedings and enhance efficiency, CNBC-TV18 reported.

Court orders dated December 12 and December 18, 2024, indicate that these cases were reassigned to one judge to prevent scheduling conflicts and ensure smoother handling.

Shubman Gill, other cricketers, to be summoned in Rs 450 cr Ponzi scam case

Shubman Gill, other cricketers, to be summoned in Rs 450 cr Ponzi scam case

Shubman Gill, a leading Indian cricketer, is among four Gujarat Titans players who could be summoned by the Gujarat CID Crime Branch as part of an inquiry into a Rs 450 crore Ponzi scheme, according to a report in the Ahmedabad Mirror. The other players potentially linked to the case are Sai Sudharsan, Rahul Tewatia, and Mohit Sharma.

The development follows the interrogation of Bhupendrasinh Zala, the alleged mastermind behind the Ponzi scheme. During questioning, Zala reportedly admitted to not returning the investments made by these cricketers.

Reliance spent $13 bn on acquisitions across sectors in five years

Reliance spent $13 bn on acquisitions across sectors in five years

Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals.

Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.

'I regret, apologise': Chief Minister N Biren Singh on Manipur violence

'I regret, apologise': Chief Minister N Biren Singh on Manipur violence

Manipur Chief Minister Biren Singh on Tuesday apologised for the ongoing violence in the state, promising that normalcy will be restored in 2025.

“This entire year has been very unfortunate. I want to say sorry to the people of the state for what's happening till today since last May 3. Many people lost their loved ones. Many people left their homes. I feel regret. I apologise. But now, I hope after seeing the last three to four months progress towards the peace, I believe by 2025, the normalcy will be restored in the state," the chief minister said.

Pujari Granthi Samman Yojana: Kejriwal registers 'Marghat Wale Baba' priest

Pujari Granthi Samman Yojana: Kejriwal registers 'Marghat Wale Baba' priest

AAP supremo Arvind Kejriwal on Tuesday launched the Pujari Granthi Samman Yojana, registering the priest of Marghat Wale Baba temple near Kashmiri Gate ISBT here.

Under the scheme announced ahead of the assembly polls in February, Kejriwal said all the Hindu temple priests and granthis of Gurudwaras will be paid a monthly honorarium of Rs 18,000 if the Aam Aadmi Party (AAP) returns to power in Delhi.

RBI flags risk to secured loans from slippages in smaller personal loans

RBI flags risk to secured loans from slippages in smaller personal loans

The Reserve Bank of India (RBI) cautioned in its bi-annual Financial Stability Report (FSR) that borrowers with unsecured loans, such as credit cards and personal loans, who also have larger secured loans, risk triggering delinquencies in the secured loans if they default on the smaller ones. Default in any loan category results in other loans of the same borrower being treated as non-performing by the lending financial institution.

EaseMyTrip co-founder Nishant Pitti to exit firm with Rs 780 cr stake sale

EaseMyTrip co-founder Nishant Pitti to exit firm with Rs 780 cr stake sale

Nishant Pitti, co-founder of EaseMyTrip, is set to sell his remaining 14 per cent stake in the company for Rs 780 crore through a block deal scheduled for December 31, according to several media reports. The deal involves 500 million shares priced at Rs 15.6 per unit.

Prominent institutional investors, including CRAFT Emerging Market Fund PCC’s Citadel Capital Fund, Elite Capital Fund, Multitude Growth Funds Limited, Nexpact Limited, and Eminence Global Fund, are reportedly participating in the transaction.

Adani Enterprises to sell entire 44% stake worth $2.2 billion in Wilmar

Adani Enterprises to sell entire 44% stake worth $2.2 billion in Wilmar

Adani Enterprises (AEL) announced on Monday that it has entered into an agreement to sell its entire stake of around 44 per cent in FMCG joint venture Adani Wilmar (AWL). The stake sale, which will be executed in two tranches, is expected to generate approximately $2.2 billion, or Rs 18,817 crore, for the Adani group upon completion.

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