NEWS

Adani expands aircraft MRO biz, buys Nagpur firm Indamer

NEW DELHI: The Adani Group has further expanded its presence in the maintenance, repair and overhaul (MRO) space. After acquiring Air Works, it has now bought another major MRO player in Nagpur.Adani Defence Systems and Technologies (ADSTL), through its joint venture Horizon Aero Solutions, has signed a definitive agreement to acquire a 100% stake in…

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Mutual fund trends: Equity inflows hit record Rs 42,702 crore in July, sectoral funds lead, debt sees Rs 1.06 lakh crore revival

Mutual fund inflows hit fresh records in July, with equity schemes attracting Rs 42,702 crore — up 81% from June’s Rs 23,587 crore — and debt funds bouncing back with Rs 1.06 lakh crore after two months of withdrawals. In July 2024, equity inflows stood at Rs 37,113 crore.Sectoral and thematic schemes topped the equity…

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Anti-aging and stem cell research gains momentum in India’s healthcare sector | India News

The landscape of health and longevity in India is witnessing a quiet but profound transformation, driven by advancements in regenerative medicine, particularly stem cell research. What was once considered a speculative area of science is now demonstrating tangible results, fostering a new perspective on aging not merely as an inevitable decline but as a process…

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US chip policy: Nvidia, AMD agrees to share 15% China sales revenue with Washington; deal tied to AI export license

Nvidia and AMD have agreed to hand over 15% of their revenues from chip sales to China to the US government, a senior US official confirmed, according to the Associated Press. The arrangement is part of a deal allowing the companies to resume sales of specific artificial intelligence chips to the Chinese market.The revenue-sharing terms…

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Evening news wrap: India rebuffs Pak’s ‘nuclear blackmail’, slams Munir; SC rules on Delhi stray dog menace & more | India News

Stray dog and Munir (File photos) The ministry of external affairs slammed Pakistan army chief Asim Munir‘s “nuclear” remarks made in the US, calling Pakistan “an irresponsible state with nuclear weapons” and saying “nuclear sabre-rattling is Pakistan’s stock in trade.” In Karnataka, Congress leader and cooperation minister KN Rajanna resigned after the party high command…

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Tesla expands India footprint: 2nd showroom for Elon Musk-owned automaker opens in Delhi Aerocity; wider supercharging network planned

Elon Musk-owned vehicle manufacturer Tesla inaugurated its second showroom in India at Delhi’s Aerocity, expanding its presence in the country.The American automaker giant is further set to expand its supercharging network across key Indian metropolitan regions ahead of its September delivery commencement, according to a senior company representative on Monday, quoted by ET.At the inauguration…

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‘Nuclear sabre-rattling Pakistan’s trade’: India slams Asim Munir’s remarks; regrets comments made from US | India News

Pakistan army chief Asim Munir (File photo) NEW DELHI: The ministry of external affairs (MEA) on Monday hit back at Pakistan army chief Asim Munir’s recent anti-India remarks made in the United States, calling Pakistan “an irresponsible state with nuclear weapons” and adding that “nuclear sabre-rattling is Pakistan’s stock in trade.“In an official statement, the…

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New Income Tax Bill 2025 introduced in Parliament: What are the top Parliamentary panel suggestions being included? Check details

The Income-Tax Bill, 2025 was designed to update and simplify India’s taxation system. New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has introduced modified New Income Tax Bill 2025 in Parliament on Monday. The government had officially withdrawn the Income-Tax Bill, 2025 on Friday, which had been presented in the Lok Sabha on February…

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Bihar: After ‘Dog Babu’, ‘Cat Kumar’ surfaces; mother’s name listed as ‘Catiya Devi’ | India News

NEW DELHI: In a bizarre incident, authorities in Bihar’s Rohtas district are investigating how “Cat Kumar,” son of “Catty Boss” and “Catiya Devi,” applied for a residential certificate. Sharing the details, officials said that the application has been made to seek a residential certificate listing the applicant as “Cat Kumar,” with “Catty Boss” as the…

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